United States Medical Exoskeleton Market 2025 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities

Market Size and Growth

The Medical Exoskeleton Market is growing at a CAGR of 48% during the forecast period (2024-2031).

Key Development:

United States: Recent Industry Developments

✅ In July 2025, Wandercraft secured $75 million in Series D funding to accelerate the launch of its self-balancing personal exoskeleton, Eve, aimed at home use for individuals with severe mobility impairments.

✅ In June 2025, Wandercraft initiated the world's first clinical trial of Eve, a fully self-balancing exoskeleton, with plans for broader adoption in U.S. medical institutions.

✅ In April 2025, Lifeward Ltd. introduced the ReWalk 7 Personal Exoskeleton in the U.S., designed to assist individuals with spinal cord injuries in regaining mobility.

Japan: Recent Industry Developments

✅ In August 2025, researchers introduced a smart sensing platform for exoskeletons, integrating textile-based sensors to enhance real-time interaction and user safety.

✅ In March 2025, a novel magnetorheological hand exoskeleton was developed, featuring a high force-to-power ratio to improve grip endurance and reduce fatigue in industrial applications.

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Recent Mergers and Acquisitions :

United States: Recent M&A Developments

✅ June 18, 2025 - Bioness Medical, a leader in neuro-rehabilitation, acquired the assets and business of Harmonic Bionics, a Texas-based robotics company. This acquisition aims to enhance Bioness's portfolio with Harmonic Bionics' bilateral upper extremity robotic exoskeleton, designed to improve mobility and function for patients with neurological impairments.

Europe: Recent M&A Developments

✅ May 7, 2025 - BTL, a Czech medical technology manufacturer, acquired the Italian exoskeleton manufacturer U&O. U&O specializes in developing and producing exoskeletons for patients with spinal cord injuries. BTL plans to scale up U&O's production using its manufacturing capacities, allowing U&O to focus on research and development.

Key Players:

=> Ekso Bionics Holdings, Inc., ReWalk Robotics Ltd., Exoskeleton Report LLC, Parker Hannifin Corp, CYBERDYNE Inc., Bionik Laboratories Corp, Gogoa Mobility Robots, Hocoma AG, Wearable Robotics SRL, and B-TEMIA Inc.

Growth Forecast Projected:

The Global Medical Exoskeleton Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Medical Exoskeleton Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Component: Hardware, Software

➥ By Type: Powered Exoskeleton, Passive Exoskeleton

➥ By Extremity: Lower Body Exoskeleton, Upper Body Exoskeleton

➥ By Application: Spinal Cord Injury, Trauma, Stroke, Cerebral Palsy, Others

➥ By End-User: Rehabilitation Centers, Physiotherapy Centers, Others

Regional Analysis for Medical Exoskeleton Market:

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

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Medical Exoskeleton producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Medical Exoskeleton revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

Q: What is the growth rate of the Medical Exoskeleton Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 48% during the forecast period from 2024 to 2031.

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