Press release
Demand For Rehabilitation Wearable Exoskeletons To Surge At A CAGR Of 20% Through 2032
Global Wearable Exoskeletons Market study sheds light on the important growth dynamics expected to prevail across the assessment period. (Insert forecast period). The study offers statistics of key segments across prominent geographies, along with a detailed mapping of the global competitive landscape.
The Market report tracks the global sales of Wearable Exoskeletons in 20+ high growth Markets, along with analysing the impact of COVID-19 has had on information & communication technology (ICT) industry and Wearable Exoskeletons sector in particular.
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How will Sales of Wearable Exoskeletons will foster in 2022 and beyond?
In its latest report, Fact.MR offers an exhaustive overview of the global Wearable Exoskeletons Market with focus on key dynamics, including drivers, restraints, opportunities, trends and detailed information about the global Wearable Exoskeletons Market structure.
Wearable Exoskeletons Market sales across the world will rise with the increasing adoption of wireless technology and penetration of digital media. With the outbreak of COVID-19, companies have become heavily reliant on digital platforms for the survival.
In the post-digital world, digital realities and advanced technologies such as artificial intelligence and internet of thinking & related products/services will be in trend. Technological adoption rate is increasing exponentially, which will bolster the industry growth.
ICT companies. are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.
China's ICT industry will register high growth opportunities, especially as tech companies focus on digital transformation in the field of robotic process automation, data theft security, cloud & edge computing and cybersecurity.
Market players across China are shifting their focus on customer needs by taking a more nuanced approach through new service offering and by adopting various strategies such as product development and innovation.
The ICT sector across the U.K., France, and Germany will register robust growth during the forecast period owing to the increasing research & development activities for the development of novel technologies. Rising adoption of artificial intelligence and big data science among the ICT service providers will boost the growth.
Advent of 5G wireless technology across India will aid the growth of ICT sector combined with the adoption of edge computing within various end-use sectors such as healthcare, automotive and food & beverage industry. Emergence of e-commerce platforms within the manufacturing companies of diverse end-use sectors will improve the demand over the coming years.
Rise in adoption of autonomous vehicles across South Korea and Japan is improving the adoption of computing technologies for higher connectivity in the automobiles. This trend will strengthen the growth of ICT industry.
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Key Segments Covered in Wearable Exoskeletons Industry Report
By Product
Rigid Smart Exoskeletons
Soft Smart Exoskeletons
By Extremity
Lower Extremity Exoskeletons
Upper Extremity Exoskeletons
Full-body Extremity Exoskeletons
By Application
Rehabilitation Wearable Exoskeletons
Pick & Carry Wearable Exoskeletons
Wearable Exoskeletons for Other Applications
By End User
Wearable Exoskeletons for Industrial Use
Wearable Exoskeletons for Healthcare
Military Wearable Exoskeletons
Wearable Exoskeletons for Other End Users
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Competitive Landscape
Increasing product functionality is a key factor for the growing demand for smart exoskeletons. Therefore, market players are increasing their R&D spending in order to launch new products in the market. Furthermore, both acquisitions & mergers, collaborations, and regulatory approvals are also crucial components of effective growth.
In March 2021, ReWalk Robotics signed an agreement with BKK Mobil Oil Insurance to provide its ReWalk Personal Exoskeleton devices to eligible beneficiaries suffering from spinal cord injuries. With this agreement, users can receive a ReWalk Personal 6.0 exoskeleton and remain mobile at home.
In 2021, Shanghai-based Fourier Intelligence inked a MoU with the National Healthcare Group (NHG), Singapore, to co-develop rehabilitation technology and robotic innovations. The aim of this partnership is to use clinical expertise and translational research capabilities to disburse more effective rehabilitation care to patients.
Key Regions Analysed
North America
Latin America
Europe
Asia-Pacific
Middle East & Africa
Key Country-wise Inclusions
US Wearable Exoskeletons Market
Canada Wearable Exoskeletons Sales
Germany Wearable Exoskeletons Production
UK Wearable Exoskeletons Industry
France Wearable Exoskeletons Market
Spain Wearable Exoskeletons Supply-Demand
Italy Wearable Exoskeletons Outlook
Russia & CIS Market Analysis
China Wearable Exoskeletons Market Intelligence
India Wearable Exoskeletons Demand Assessment
Japan Wearable Exoskeletons Supply Assessment
ASEAN Wearable Exoskeletons Market Scenario
Brazil Wearable Exoskeletons Sales Analysis
Mexico Wearable Exoskeletons Sales Intelligence
GCC Wearable Exoskeletons Market Assessment
South Africa Wearable Exoskeletons Market Outlook
For More Insights-https://www.globenewswire.com/news-release/2022/03/09/2400432/0/en/Low-Code-Development-Industry-is-Projected-to-Achieve-a-Global-Market-Size-of-US-187-Bn-by-2032-Currently-US-Accounts-For-the-Largest-Market-Share-in-the-World.html
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