Powered Exoskeleton Market Expected to Grow at 44.85% CAGR Driven by Rehabilitation & Industrial Applications | Key Players: Cyberdyne, BionikLaboratories, Mitsubishi Heavy Industries, Honda Motors, Hyundai Motors

The Powered Exoskeleton Market research study provides critical market data, such as growth-influencing factors, roadblocks, and opportunities and strategies for overcoming them. The study also includes industry data, such as market value, share, CAGR, size, and so on, to make market research easier for new entrants. The research also examines the economy, society, law, and the environment. The global Powered Exoskeleton Market research report utilizes both primary and secondary data sources. Government laws, market circumstances, competitive levels, historical data, market status, anticipated changes in linked firms, market volatility, and prospects are just a few of the industry-affecting elements studied during the research process.

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The Global Powered Exoskeleton Market is expected to grow at a CAGR of 44.85% during the forecast period (2024-2031).

The list of Key Players Profiled in the study includes:- Cyberdyne, BionikLaboratories, Mitsubishi Heavy Industries, Honda Motors, Hyundai Motors, RewalkRobotics, MediTouch, EksoBionics Holdings, Inc., Panasonic Corporation, and Lockheed Martin Corporation.

United States: Recent Industry Developments

✅ In August 2025, Ekso Bionics launched its next-generation powered exoskeleton for industrial applications. The device enhances worker strength and endurance while reducing musculoskeletal injury risks.

✅ In July 2025, ReWalk Robotics introduced a medical exoskeleton for rehabilitation of spinal cord injury patients in U.S. hospitals. The system supports improved mobility and faster recovery outcomes.

✅ In June 2025, Lockheed Martin unveiled a lightweight exoskeleton prototype for military personnel. The technology focuses on load-bearing support and extended operational endurance.

Japan: Recent Industry Developments

✅ In August 2025, Cyberdyne expanded production of its HAL® powered exoskeleton for elderly care and rehabilitation in Tokyo. The system assists patients with mobility impairments in daily activities.

✅ In July 2025, Panasonic developed a wearable exoskeleton for industrial logistics workers in Osaka. The device reduces fatigue and improves efficiency in material handling tasks.

✅ In May 2025, Toyota Motor Corporation piloted robotic exoskeleton suits for factory workers. The initiative aims to enhance safety and productivity while reducing occupational injuries.

Powered exoskeletons are wearable robotic devices that enhance mobility, strength, or endurance for medical rehabilitation or industrial applications. Market growth is driven by aging populations, workplace ergonomics, and rehabilitation demand. In the U.S., 2025 activity includes FDA-cleared medical exoskeletons for spinal injury recovery, industrial trials to reduce musculoskeletal injuries, and federal funding for assistive robotics research.

Market Dynamics:

✅Driver: Rising demand for rehabilitation devices, industrial support, and military applications drives market growth.
✅Restraints: High device costs and limited adoption in smaller healthcare facilities restrain market expansion.
✅Opportunities: Integration with robotics, AI, and wearable tech creates strong growth potential.
✅Challenges: User training requirements, safety concerns, and regulatory approvals remain challenges.

Segmentation Analysis of the Market:

Global Powered Exoskeleton Market forecast report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market. Powered Exoskeleton Market, by Component (Hardware and Software), Type (Powered and Passive), By Mobility (Stationary and Mobile), By Body Part (Lower, Upper, and Full Body), Vertical (Healthcare, Defense, and Industrial)

Research Methodology:

- Primary Research: This method involves collecting new and original data for a specific purpose. Primary research is often conducted through surveys, interviews, focus groups, and observation. It enables researchers to obtain first-hand information directly from the target audience, which is especially useful when researching a new or emerging market.

- Secondary Research: This method involves analyzing and synthesizing existing data from various sources such as industry reports, government publications, academic research, and online databases. Secondary research can provide researchers with valuable insights into industry trends, consumer behavior, and Powered Exoskeleton market size and growth, without the need for extensive data collection.

Most research studies use a combination of both primary and secondary research methods to ensure comprehensive and accurate data analysis. The specific methodology used in a Powered Exoskeleton market research study will depend on various factors such as the research objectives, the target audience, and the available resources.

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Regional Outlook:

The following section of the report offers valuable insights into different regions and the key players operating within each of them. To assess the growth of a specific region or country, economic, social, environmental, technological, and political factors have been carefully considered. The section also provides readers with revenue and sales data for each region and country, gathered through comprehensive research. This information is intended to assist readers in determining the potential value of an investment in a particular region.

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

South America (Brazil, Argentina, Rest of SA)

Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

The Report Includes:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Go-to-market Strategy.
➡ Neutral perspective on the market performance.
➡ Customized regional/country reports as per request and country level analysis.
➡ Potential & niche segments and regions exhibiting promising growth covered.

The major points covered in the table of contents:

📌 Overview: This part provides a summary of the report, as well as a broad overview of the global Powered Exoskeleton Market, to offer an understanding of the nature and contents of the research study.

📌 Market Analysis: The research forecasts the market share of key segments of the Powered Exoskeleton Market with accuracy and reliability. This study may be used by industry participants to make strategic investments in key growth areas of the Powered Exoskeleton Market.

📌 Analysis of Leading Players' Strategies: This report can be used by market participants to acquire a competitive advantage over their rivals in the Powered Exoskeleton Market.

📌 Regional Growth Analysis: The report covers all of the key areas and countries. The regional analysis will assist market players in tapping into untapped regional markets, developing unique regional strategies, and comparing the growth of all regional markets.

📌 Market Forecasts: Report purchasers will get access to precise and validated estimations of the entire market size in terms of both value and volume. The study also includes estimates for the Powered Exoskeleton Market in terms of consumption, production, sales, and other factors.

Benefits of Powered Exoskeleton Market Reports:

➟ Make informed decisions: The growth of an organization depends on decisions made by management. Using our market research reports, management can make business decisions based on the results obtained that support their knowledge and experience. Powered Exoskeleton Market research helps to understand market trends and is therefore often performed to gain insight into customers.

➟ Get Accurate Information: Our market research provides true and accurate information, preparing organizations for any future mistakes that may occur.

➟ help you choose the right sales system: choose the precise sales system according to the Powered Exoskeleton market demand, to position the product/service in the market.

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The report answers a number of crucial questions, including:

- Which companies dominate the global Powered Exoskeleton market?

- What current trends will influence the market over the next few years?

- What are the market's opportunities, obstacles, and driving forces?

- What predictions for the future can help with strategic decision-making?

- What advantages does market research offer businesses?

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