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Medical Exoskeleton Market Developments & Future Scope Till 2027
Medical Exoskeleton Market
The market is estimated to grow with a CAGR of 29.4% from 2019-2027. The report highlights the trends prevalent in the global medical exoskeleton market and the factors driving the market along with those that act as challenges to its growth.
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Key Players : ReWalk Robotics, Ekso Bionics Holdings, Inc., Parker Hannifin Corporation (Indego), CYBERDYNE, INC., Bionik Laboratories Corp., Hocoma AG, Tyromotion GmbH, B-Temia Inc., US Bionics Inc. and Gogoa Mobility Robots.
The report segments the global medical exoskeleton market as follows:
Global Medical Exoskeleton Market - By Drive Type
• Pneumatic Actuator
• Hydraulic Actuator
• Electric Actuator
• Mechanical
• Shape Memory Alloy Actuator
• Other Actuator
Global Medical Exoskeleton Market - By Type
• Powered Exoskeleton
• Passive Exoskeleton
Global Medical Exoskeleton Market - By Extremity
• Lower Body Exoskeleton
• Upper Body Exoskeleton
Global Medical Exoskeleton Market - By Application
• Spinal Cord Injury
• Multiple Sclerosis
• Cerebral Palsy
• Stroke
• Others
Global Medical Exoskeleton Market - By End User
• Rehabilitation Centers
• Physiotherapy Centers
• Others
The market for medical exoskeleton is expected to grow significantly due to factors such as increase in the number of orthopaedic surgeries, rise in the geriatric population and growing incidences of road accidents. However, the factor such as high cost of the product and regulatory concerns are likely to act as challenges for the growth of the market during the forecast period.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Food and Beverages, Consumers and Goods, Chemicals and Materials.
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