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Sports Exoskeleton Market: 2024 Global Future Scope, Application, Industry Growth, Demand, Region, Competitive Analysis, and Forecast to 2031 | Ekso Bionics, Bionik Laboratories, Ottobock SE & Co. KGaA,
Sports Exoskeleton Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Sports Exoskeleton market from 2024 to 2031, and what is the market value expected to change by 2031?
Global Sports Exoskeleton Market reached US$ 881.8 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 10,214.0 million by 2031. The market is growing at a CAGR of 35.8% during the forecast period (2024-2031).
What is Sports Exoskeleton Market?
A sports exoskeleton is a wearable robotic device designed to enhance an athlete's physical performance by providing support, stability, and additional strength to specific body parts, such as legs, arms, or the lower back. Equipped with sensors, motors, and control systems, sports exoskeletons can amplify movements, reduce strain, and improve endurance, allowing athletes to train more efficiently, recover from injuries, or prevent fatigue during intense activities. These devices are also used to aid rehabilitation, helping individuals regain strength and mobility while monitoring and adjusting to their physical needs in real-time.
Who are the major players in the Sports Exoskeleton market?
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world. The prominent players in Sports Exoskeleton market research report are: Ekso Bionics, Bionik Laboratories, Ottobock SE & Co. KGaA, SuitX, ReWalk Robotics, Lockheed Martin Corporation, Sarcos Robotics, Honda Motor Co., Ltd., MYO Technologies and Exhauss.
Key Development
On August 29, 2022, German Bionic, a leader in intelligent power suit technology, partnered with Mubea, a prominent German automobile supplier. This collaboration enables Mubea to enter a rapidly growing market for robotic exoskeletons, projected to reach $12.5 billion by 2030.
In April 2022, Ottobock launched an advanced exoskeleton called the Ottobock Shoulder, designed to assist with over-the-shoulder tasks in production, logistics, and craftsmanship. This new model builds on the capabilities of the previous Paexo shoulder exoskeleton.
In December 2022, Ekso Bionics acquired Parker Hannifin Corporation's human motion and control division, further expanding its footprint in the exoskeleton market.
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Regions Covered:
The global Sports Exoskeleton Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Rest of South America
☞ Middle East and Africa
Market Segments
By Body Part: Full Body Exoskeletons, Lower Body Exoskeletons, Upper Body Exoskeletons
By Component: Hardware, Software
By Application: Rehabilitation, Training and Support, Others
The Sports Exoskeleton industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Key Features
➥ Leverage epidemiology insights to tailor precision diagnostics and address region-specific needs.
➥ Meet critical unmet needs in complex conditions with advanced, precise Sports Exoskeleton industry solutions for better diagnostics and outcomes.
➥ Stay ahead with real-time pipeline analysis, revealing the latest Sports Exoskeleton innovations and market trends.
➥ Optimize your offerings with competitive pricing analysis, balancing cost-effectiveness and cutting-edge tech.
➥ Protect your innovation with expert patent analysis, ensuring strategic positioning in the Sports Exoskeleton market.
➥ Gain an edge with comprehensive competitive intelligence, guiding informed decisions in Sports Exoskeleton
➥ Maximize market presence with brand share analysis, strengthening your position in the Sports Exoskeleton landscape.
➥ Accurately predict market demand for Sports Exoskeleton with precise drug sales forecasting insights.
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FAQs
What does the Sports Exoskeleton market report provide?
The report provides a detailed analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Active, Innovators, Start-ups, and Cutting Edge) that are anticipated to influence its future growth trajectory.
What is the scope of the market report?
The market report covers regional analysis and provides detailed insights into the Sports Exoskeleton market including market size, segmentation, and key players.
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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