Press release
Exoskeleton Market Set for 31.4% CAGR Surge, Reaching USD 23.6 Billion by 2031 | SkyQuest Technology
Skyquest Technology
Global Exoskeleton Market [https://www.skyquestt.com/report/exoskeleton-market] size was valued at USD 1.58 Million in 2022 and is poised to grow from USD 2.35 Million in 2023 to USD 23.6 Billion by 2031, growing at a CAGR of 31.4% in the forecast period (2024-2031).
The exoskeleton refers to a protective layer over the human body to support or improve functionality by reducing stress on actual human organs. Advancements in healthcare technology and the growing need for new prosthetics for the disabled population have led to the creation of novel exoskeleton products.
Download a detailed overview:
https://www.skyquestt.com/sample-request/exoskeleton-market
Apart from rehabilitation and support for disabled people, exoskeletons are finding massive applications in multiple other industry verticals such as military, construction, and manufacturing. Integration of advanced robotic technologies and artificial intelligence will also be crucial trends governing the demand for exoskeletons. High prevalence of neurological disorders is also contributing to the high adoption of exoskeletons in the healthcare space. Increasing demand for better rehabilitation around the world will also provide new opportunities for exoskeleton companies in the future.
Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/exoskeleton-market
Diversification of Exoskeleton Business Crucial in Improving Revenue Generation
Exoskeleton manufacturers should focus on developing and launching new products tailored to specific applications. The healthcare industry is projected to be the most opportune space for new as well as established exoskeleton providers. Military and construction industries are also projected to witness a good hike in demand for exoskeletons over the coming years. Exoskeleton market players are also opting for creative new strategies to maximize their sales and revenue generation potential. Partnerships and collaborations also play a vital role in future exoskeleton market development. New as well as established exoskeleton companies should invest in innovation to stay ahead of the competition and stay relevant in the rapidly evolving market landscape.
* In May 2024, German Bionic, a leading manufacturer of smart exoskeletons based in Europe, launched its new 360 degrees Human Augmentation Platform at the VivaTech event. The platform integrates the latest exoskeletons with German Bionic OS for its exoskeletons.
* In September 2023, Hilti, a leading provider of construction hardware and services, launched the EXO-S exoskeleton. This offering is the updated iteration of the company's EXO-O1 wearable skeleton. The product was aimed at relieving stress for above shoulder movements.
* Wandercraft SAS, a French company specializing in exoskeletons, launched its Atalante X exoskeleton in the United States in October 2023. Additionally, the company partnered with the Kessler Foundation to enhance research efforts and broaden the uses of its exoskeleton products
* In February 2024, Rehab Technologies IIT - INAIL, unveiled its new robotic exoskeleton at the Museum of Science and Technology. TWIN is a robotic exoskeleton for lower limbs and only a prototype was demonstrated using two patients.
* In March 2023, Festool, a renowned construction tool provider launched a new pilot program for professionals to try out the new shoulder support exoskeleton for free before market launch. Festool can test its product in real-life environments while users will get to experience the product without spending anything.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/exoskeleton-market
The global market is rife with opportunities, but companies need to pay heed to where they invest. Targeting the healthcare industry is the best bet for any exoskeleton company looking to make a mark in this market. Partnerships and collaborations will be highly effective in expanding the global market presence of any exoskeleton provider. Moreover, innovation and use of advanced technologies will further expand business scope for exoskeleton providers going forward.
Related Report:
Robotics Market [https://www.skyquestt.com/report/robotics-market]
Visit Our Website: https://www.skyquestt.com/
Media Contact
Company Name: Skyquest Technology
Contact Person: Mr. Jagraj Singh
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=exoskeleton-market-set-for-314-cagr-surge-reaching-usd-236-billion-by-2031-skyquest-technology]
Phone: +1 351-333-4748
Address:1 Apache Way, Westford,
Country: United States
Website: https://www.skyquestt.com/report/exoskeleton-market
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Exoskeleton Market Set for 31.4% CAGR Surge, Reaching USD 23.6 Billion by 2031 | SkyQuest Technology here
News-ID: 3531027 • Views: …
More Releases from ABNewswire
ABSSSI Market to Reach New Heights in Growth by 2034, DelveInsight Predicts | Gl …
The Key Acute Bacterial Skin and Skin-Structure Infection Companies in the market include - Glenmark Pharmaceuticals Ltd, Melinta Therapeutics Inc., Sandoz Inc. (a subsidiary of Novartis), Paratek Pharmaceuticals Inc., AbbVie Inc. (Allergan PLC), Merck & Co. Inc., Pfizer Inc., Melinta Therapeutics Inc., MicuRx, Basilea Pharmaceuticals, Motif Bio, Wockhardt, Allergan, Basilea Pharma, and others.
DelveInsight's "Acute Bacterial Skin and Skin-Structure Infection Market Insights, Epidemiology, and Market Forecast-2034 report offers an in-depth understanding…
Breakthrough Magnetic Technology Saves 17 Decibels of Hearing Protection While W …
Magna Lens ComfortSafe Registered Magnetic Protective Eyewear receives prestigious 2025 New Product of the Year award from Occupational Health & Safety Magazine for revolutionary technology that preserves crucial hearing protection while eliminating painful pressure points. The patented magnetic design addresses critical safety gaps affecting tens of millions of workers who require both eye and hearing protection simultaneously.
Magna Lens has achieved a significant milestone in workplace safety innovation with their ComfortSafe…
K & G Immigration Law is expanding service offerings in Sacramento, California
Sacramento, CA - October 1st, 2025 - Due to the increased need for reliable legal representation of multicultural and multilingual immigrant communities of Sacramento County in California, K & G Law LLP [https://www.kgimmigrationlaw.com] is expanding its operations, location, and team in this market to meet current demand and accommodate clients' needs.
The firm is moving to a larger and better-located office, expanding the number of experienced immigration attorneys in Sacramento, and…
Aniioki 2-in-1 Charger: A World-First Innovation, Ushering in a New Era of Outdo …
In the realm of outdoor adventures and family emergencies, power supply has long been an invisible barrier to freedom and comfort. Now, Aniioki, a pioneer in long-range e-bikes and sustainable mobility, introduces a game-changing solution-the world's first 2-in-1 inverter + charger bidirectional device [https://s.attribuly.com/8dotVGpR]. This isn't just a technological leap; it's a breakthrough designed to redefine outdoor power and emergency energy use.
Image: https://www.abnewswire.com/upload/2025/09/56bb4cec778e1dcb252ea17151359777.jpg
"This product is not just about charging-it's about…
More Releases for Exoskeleton
Exoskeleton Market Emerging Opportunities Exoskeleton Market Potential and Strat …
In recent years, the global Exoskeleton Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Exoskeleton Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis,…
Military Exoskeleton Market Projected to Show Strong Growth Global Military Exos …
Advance Market Analytics published a new research publication on "Military Exoskeleton Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Military Exoskeleton market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Exoskeleton Robotic System Market Forecast to 2028 - COVID-19 Impact and Global …
Lower Body Exoskeleton Segment to Lead Exoskeleton Robotic System Market Growth
For sample pages and special offers, please visit https://www.thinkingcapsrc.com/reports/1601/exoskeleton-robotic-system
According to our latest study on ""Exoskeleton Robotic System Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type, Application, and Geography,"" the market was valued at US$ 1,001.14 million in 2021 and is likely to reach US$ 4,224.63 million by 2028; it is estimated to grow at a…
Exoskeleton Robotic System Market Forecast to 2028 - COVID-19 Impact and Global …
Lower Body Exoskeleton Segment to Lead Exoskeleton Robotic System Market Growth
For sample pages and discount https://www.thinkingcapsrc.com/reports/2088/exoskeleton-robotic-system
According to our latest study on ""Exoskeleton Robotic System Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type, Application, and Geography,"" the market was valued at US$ 1,001.14 million in 2021 and is likely to reach US$ 4,224.63 million by 2028; it is estimated to grow at a CAGR of 23.0%…
Medical Exoskeleton Market Size to Hit $5.80 Billion by 2028 | Medical Exoskelet …
According to our experience research team, Medical Exoskeleton Market was valued at USD 0.21 Billion in 2021, and the global Medical Exoskeleton industry is projected to reach a value of USD 5.80 Billion by 2028, at a CAGR of 44.8% during the forecast period 2022-2028
The report is focused on gaining various Medical Exoskeleton market trends, dynamics, growth drivers, opportunities, weaknesses, strengths, and threats restraining the market growth. Further, the global…
Exoskeleton against back pain
By combining medicine and modern robotics, the startup Japet Medical developed a novel exoskeleton. For companies, its use can mean a significant reduction in work absences and accidents. Now, with the support of Startup Campus Germany, the French company has won its first German customers, Hof University of Applied Sciences and MeisterWerke Schulte GmbH.
Lower back pain, muscular and skeletal diseases are the main cause of absenteeism and occupational diseases. For…
