Soft Robotics Market 2022 Latest Technology Advancements, Growth and Future Scope- Festo AG, Roam Robotics, ABB Ltd, Soft Robotics Inc

Soft Robotics Market 2022-2027 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current market trends and strategies impacting the Global Soft Robotics Market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Soft Robotics Market all told its geographical and merchandise segments.

The Soft Robotics Market was valued at USD 1049.05 million in 2020 and is expected to reach USD 6330.11 million by 2027, at a CAGR of 40.5% over the forecast period (2022 - 2027).

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The Global Soft Robotics Market is highly competitive and consists of a number of Major Key Players are: Soft Robotics Inc, Righthand Robotics Inc, Ekso Bionics Holdings Inc, Rewalk Robotics Ltd, Yaskawa Electric Corporation, Bioservo Technologies AB, Festo AG, Roam Robotics, ABB Ltd., Pneubotics Inc others.

Industry News:

- March 2020 -- Soft Robotics Inc. announced the launch SuperPick Polybag Picking System, specifically designed to handle product returns. It will enable e-commerce operations to automate the handling, scanning, and loading of outbound orders and returns of polybagged items.
- March 2020 - Righthand Robotics Inc announced its global expansion in Europe with the establishment of a sales and business development office in Frankfurt, Germany. With multiple customers and partners based in Europe, RHR's German operation will strengthen the company's business and enable them to further expand their presence as the market grows and their customer base deepens in the region.
- February 2020 - Ekso Bionics Holdings Inc announced a collaboration with Kindred Healthcare, LLC ("Kindred") to pilot EksoNR, the most clinically used robotic exoskeleton, in their long-term acute care hospitals. EksoNR, the most clinically used robotic exoskeleton, is an intuitive exoskeleton computing device empowering patients recovering from a stroke or other conditions to learn to walk again with a more natural gait.

Key Market Trends:

Medical and Surgical Applications to Register Highest Growth
- Soft robots inherently have the advantage of being compliant with the natural tissues of human and living organisms. Minimally invasive surgery (MIS) is one of the research areas with the big potential of adopting soft robotics. This is because it overcomes the limitation of traditional MIS methods such as a low degree of freedom.
- The limitations involved in open surgeries and laparoscopic procedures coupled with increasing advantages of robotic surgery systems are expected to boost the adoption rates of robot-assisted surgeries worldwide.

Asia-Pacific to be the Fastest Growing
- Asia-Pacific is one of the fastest growing markets for soft robotics mainly due to the massive adoption of the technology with increasing domestic production in the market. The regional vendors are also playing a significant role in the innovation and development in the soft robotics field. For instance, in 2019, Samsung introduced its a bunch of new robots and a wearable exoskeleton.

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The key insights of the Soft Robotics Market report:

The report provides key statistics on the market status of the Soft Robotics Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Soft Robotics Market report presents the company profile, product specifications, capacity, production value, and 2016-2021 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2022-2027 market development trends of Soft Robotics Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Soft Robotics Market Industry before evaluating its feasibility.

Finally, Soft Robotics Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Automotive Actuators industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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