Upper-Limb Powered Exoskeleton Robot Market Research Report 2023 | Valuates Reports

Upper-Limb Powered Exoskeleton Robot Market Size

The global Upper-Limb Powered Exoskeleton Robot market was valued at US$ 121 million in 2022 and is anticipated to reach US$ 944.3 million by 2029, witnessing a CAGR of 35.0% during the forecast period 2023-2029.

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Upper-Limb Powered Exoskeleton Robot Market

Upper-limb powered exoskeleton robots are wearable robotic devices designed to assist people with upper limb impairments in performing daily activities. These robots typically consist of a combination of sensors, motors, and control systems that work together to provide mechanical support to the arms and hands. Upper-limb powered exoskeleton robots are commonly used in rehabilitation settings to help patients regain mobility and independence. They can be programmed to assist with specific tasks, such as reaching or grasping objects, and can be adjusted to accommodate the user's range of motion and strength. In addition to rehabilitation applications, upper-limb powered exoskeleton robots are also being developed for use in industrial and military settings. They can be used to help workers perform physically demanding tasks with less risk of injury, and can enhance the capabilities of soldiers in the field.

The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Upper-Limb Powered Exoskeleton Robot is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

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Asia-Pacific market for Upper-Limb Powered Exoskeleton Robot is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Upper-Limb Powered Exoskeleton Robot include Cyberdyne, Hocoma, ReWalk Robotics, Ekso Bionics, LockHeed Martin, Parker Hannifin, Interactive Motion Technologies, Panasonic and Myomo, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Upper-Limb Powered Exoskeleton Robot, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Upper-Limb Powered Exoskeleton Robot.

The Upper-Limb Powered Exoskeleton Robot market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the
base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Upper-Limb Powered Exoskeleton Robot market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Upper-Limb Powered Exoskeleton Robot manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

By Type
• Powered
• Unpowered

By Application
• Medical Rehabilitation
• Industry and Logistics
• National Defense

Key Players

Cyberdyne, Hocoma, ReWalk Robotics, Ekso Bionics, LockHeed Martin, Parker Hannifin, Interactive Motion Technologies, Panasonic, Myomo, B-TEMIA Inc., suitX, C-EXOSKELETON, Fourier Intelligence, Mile Bot

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