Exoskeleton Robot Market Trends, Regional Overview, Leading Company Analysis, And Key Country Forecast To 2031

QY Research has recently published a report, titled "Exoskeleton Robot Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". The global Exoskeleton Robot market is comprehensively analyzed in the report with the main objective of providing accurate market data and useful recommendations to help players to gain strong growth in future. The report is compiled by subject matter experts and experienced market analysts, which makes it highly authentic and reliable. Readers are provided with deep analysis of historical and future market scenarios to get sound understanding of market competition and other important aspects. The report offers exhaustive research on market dynamics, key segments, leading players, and different regional markets. It is a complete package of thorough analysis and research on the global Exoskeleton Robot market.

The global market for Exoskeleton Robot was estimated to be worth US$ 417 million in 2024 and is forecast to a readjusted size of US$ 1506 million by 2031 with a CAGR of 19.7% during the forecast period 2025-2031.

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Exoskeleton robots are wearable electromechanical systems designed to mimic the structure and function of the human skeletal and muscular system. These devices assist users by enhancing physical capabilities, reducing load stress, enabling rehabilitation, or augmenting mobility. Integrating robotics, sensor feedback, biomechanics, and ergonomics, exoskeleton robots are deployed across diverse domains such as medical rehabilitation, industrial labor support, military training, and elderly care. They are generally categorized into active systems (powered by motors or hydraulics) and passive systems (relying on mechanical optimization). With the rapid development of artificial intelligence and human-machine interaction, exoskeletons are evolving from research prototypes to commercially viable solutions, shaping the future of intelligent wearable technologies.

With aging populations, growing rehabilitation needs, and rising demand for human-assistive devices in industrial environments, exoskeleton robots are entering a golden era of cross-sector expansion. Globally, healthcare providers are increasingly adopting gait training and neuro-assistive exoskeletons, accelerating their integration into rehabilitation clinics. In manufacturing and logistics, labor shortages and high workplace injury rates have made industrial exoskeletons a core component of ergonomic interventions. Meanwhile, rising defense budgets in several countries are driving investment in military-grade wearable robotics. On the technology front, innovations in lightweight materials, AI-driven motion recognition, and high-density batteries are pushing the boundaries of usability and affordability, fueling a new wave of commercialization.

Despite its potential, the exoskeleton robot industry faces significant barriers. High production costs-largely due to reliance on imported components like high-torque motors and precision sensors-hinder mass adoption. Varying application scenarios impose diverse performance and safety requirements, yet the lack of standardized protocols and adaptable designs constrains scalability. In the medical segment, long validation cycles and strict regulatory pathways delay market readiness. Furthermore, while investor enthusiasm is notable, many startups remain trapped in a commercialization gap, with products not yet viable and revenues slow to materialize-leaving them dependent on grants and government subsidies.

Demand for exoskeletons is evolving from single-use cases toward multi-scenario integration. In the medical field, interest is expanding beyond gait training to long-term use for stroke, paralysis, and Parkinson's patients-often in combination with digital therapy and remote monitoring platforms. Industrial buyers are increasingly incorporating exoskeletons into procurement plans for physically demanding roles, focusing on both efficiency and safety. The elderly care market is also exploring lightweight assistive models tailored to mobility-impaired individuals at home. Internationally, insurance reimbursement policies in markets such as the US, Japan, and EU are becoming more supportive, unlocking broader institutional and consumer adoption.

The competitive landscape of the global Exoskeleton Robot market is broadly studied in the report with large focus on recent developments, future plans of top players, and key growth strategies adopted by them. The analysts authoring the report have profiled almost every major player of the global Exoskeleton Robot market and thrown light on their crucial business aspects such as production, areas of operation, and product portfolio. All companies analyzed in the report are studied on the basis of vital factors such as market share, market growth, company size, production volume, revenue, and earnings.

Key Players Mentioned in the Global Exoskeleton Robot Market Research Report:

Cyberdyne
Hocoma
ReWalk Robotics
Ekso Bionics
LockHeed Martin
Parker Hannifin
Interactive Motion Technologies
Panasonic
Myomo
B-TEMIA Inc.
Alter G
US Bionics
Parker Hannifin
ATOUN Inc.
Daiya Industry
Bioservo Technologies

The report offers great insights into important segments of the global Exoskeleton Robot market while concentrating on their CAGR, market size, market share, and future growth potential. The global Exoskeleton Robot market is mainly segmented according to type of product, application, and region. Each segment in these categories is extensively researched to become familiar with their growth prospects and key trends. Segmental analysis is highly important to identify key growth pockets of a global market. The report provides specific information on the market growth and demand of different products and applications to help players to focus on profitable areas of the global Exoskeleton Robot market.

Details of Exoskeleton Robot Market Segmentation: -

Segment by Type:

Lower
Upper
Full Body

Segment by Application:

Healthcare
Defense
Industrial

Research Methodology

This report has been compiled using latest primary and secondary research methodologies such as data triangulation, qualitative and quantitative analysis, and top-down and bottom-up approaches. The researchers also referred to reliable secondary sources for collecting important data and statistics. All the findings of the research study have been verified and revalidated with the help of authentic primary sources.

The researchers create a unique model and customize it for each research study. Their market forecasts are based on the industry-best combination of domain expertise, industry knowledge and experience, technological analysis, and economic tools. Technological market models are generally adopted for long-term market forecasting, whereas econometric models are adopted for short-term forecasting. The researchers were provided with advanced analysis tools at the time of the preparation of the report.

Report Objectives

(1) To carefully analyze and estimate the size of the global Exoskeleton Robot market

(2) To clearly segment the global Exoskeleton Robot market and estimate the market size of the segments

(3) To provide details about key strategies adopted by leading players of the global Exoskeleton Robot market

(4) To help readers understand current and future market scenarios

(5) To provide information about latest trends of the global Exoskeleton Robot market and its key segments

(6) To assess the contribution of each region or country to the global Exoskeleton Robot market

(7) To provide information on important drivers, restraints, and opportunities of the global Exoskeleton Robot market

(8) To accurately calculate the market shares of key segments, regions, and companies in the global Exoskeleton Robot market

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Table of Content

1 Market Overview
1.1 Exoskeleton Robot Product Introduction
1.2 Global Exoskeleton Robot Market Size Forecast (2020-2031)
1.3 Exoskeleton Robot Market Trends & Drivers
1.3.1 Exoskeleton Robot Industry Trends
1.3.2 Exoskeleton Robot Market Drivers & Opportunity
1.3.3 Exoskeleton Robot Market Challenges
1.3.4 Exoskeleton Robot Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered

2 Competitive Analysis by Company
2.1 Global Exoskeleton Robot Players Revenue Ranking (2024)
2.2 Global Exoskeleton Robot Revenue by Company (2020-2025)
2.3 Key Companies Exoskeleton Robot Manufacturing Base Distribution and Headquarters
2.4 Key Companies Exoskeleton Robot Product Offered
2.5 Key Companies Time to Begin Mass Production of Exoskeleton Robot
2.6 Exoskeleton Robot Market Competitive Analysis
2.6.1 Exoskeleton Robot Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Exoskeleton Robot Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Exoskeleton Robot as of 2024)
2.7 Mergers & Acquisitions, Expansion

3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Lower
3.1.2 Upper
3.1.3 Full Body
3.2 Global Exoskeleton Robot Sales Value by Type
3.2.1 Global Exoskeleton Robot Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Exoskeleton Robot Sales Value, by Type (2020-2031)
3.2.3 Global Exoskeleton Robot Sales Value, by Type (%) (2020-2031)

4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Healthcare
4.1.2 Defense
4.1.3 Industrial
4.2 Global Exoskeleton Robot Sales Value by Application
4.2.1 Global Exoskeleton Robot Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Exoskeleton Robot Sales Value, by Application (2020-2031)
4.2.3 Global Exoskeleton Robot Sales Value, by Application (%) (2020-2031)

5 Segmentation by Region
5.1 Global Exoskeleton Robot Sales Value by Region
5.1.1 Global Exoskeleton Robot Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Exoskeleton Robot Sales Value by Region (2020-2025)
5.1.3 Global Exoskeleton Robot Sales Value by Region (2026-2031)
5.1.4 Global Exoskeleton Robot Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Exoskeleton Robot Sales Value, 2020-2031
5.2.2 North America Exoskeleton Robot Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Exoskeleton Robot Sales Value, 2020-2031
5.3.2 Europe Exoskeleton Robot Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Exoskeleton Robot Sales Value, 2020-2031
5.4.2 Asia Pacific Exoskeleton Robot Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Exoskeleton Robot Sales Value, 2020-2031
5.5.2 South America Exoskeleton Robot Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Exoskeleton Robot Sales Value, 2020-2031
5.6.2 Middle East & Africa Exoskeleton Robot Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Exoskeleton Robot Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Exoskeleton Robot Sales Value, 2020-2031
6.3 United States
6.3.1 United States Exoskeleton Robot Sales Value, 2020-2031
6.3.2 United States Exoskeleton Robot Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Exoskeleton Robot Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Exoskeleton Robot Sales Value, 2020-2031
6.4.2 Europe Exoskeleton Robot Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Exoskeleton Robot Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Exoskeleton Robot Sales Value, 2020-2031
6.5.2 China Exoskeleton Robot Sales Value by Type (%), 2024 VS 2031
6.5.3 China Exoskeleton Robot Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Exoskeleton Robot Sales Value, 2020-2031
6.6.2 Japan Exoskeleton Robot Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Exoskeleton Robot Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Exoskeleton Robot Sales Value, 2020-2031
6.7.2 South Korea Exoskeleton Robot Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Exoskeleton Robot Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Exoskeleton Robot Sales Value, 2020-2031
6.8.2 Southeast Asia Exoskeleton Robot Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Exoskeleton Robot Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Exoskeleton Robot Sales Value, 2020-2031
6.9.2 India Exoskeleton Robot Sales Value by Type (%), 2024 VS 2031
6.9.3 India Exoskeleton Robot Sales Value by Application, 2024 VS 2031

7 Company Profiles
7.1 Cyberdyne
7.1.1 Cyberdyne Profile
7.1.2 Cyberdyne Main Business
7.1.3 Cyberdyne Exoskeleton Robot Products, Services and Solutions
7.1.4 Cyberdyne Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.1.5 Cyberdyne Recent Developments
7.2 Hocoma
7.2.1 Hocoma Profile
7.2.2 Hocoma Main Business
7.2.3 Hocoma Exoskeleton Robot Products, Services and Solutions
7.2.4 Hocoma Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.2.5 Hocoma Recent Developments
7.3 ReWalk Robotics
7.3.1 ReWalk Robotics Profile
7.3.2 ReWalk Robotics Main Business
7.3.3 ReWalk Robotics Exoskeleton Robot Products, Services and Solutions
7.3.4 ReWalk Robotics Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.3.5 ReWalk Robotics Recent Developments
7.4 Ekso Bionics
7.4.1 Ekso Bionics Profile
7.4.2 Ekso Bionics Main Business
7.4.3 Ekso Bionics Exoskeleton Robot Products, Services and Solutions
7.4.4 Ekso Bionics Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.4.5 Ekso Bionics Recent Developments
7.5 LockHeed Martin
7.5.1 LockHeed Martin Profile
7.5.2 LockHeed Martin Main Business
7.5.3 LockHeed Martin Exoskeleton Robot Products, Services and Solutions
7.5.4 LockHeed Martin Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.5.5 LockHeed Martin Recent Developments
7.6 Parker Hannifin
7.6.1 Parker Hannifin Profile
7.6.2 Parker Hannifin Main Business
7.6.3 Parker Hannifin Exoskeleton Robot Products, Services and Solutions
7.6.4 Parker Hannifin Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.6.5 Parker Hannifin Recent Developments
7.7 Interactive Motion Technologies
7.7.1 Interactive Motion Technologies Profile
7.7.2 Interactive Motion Technologies Main Business
7.7.3 Interactive Motion Technologies Exoskeleton Robot Products, Services and Solutions
7.7.4 Interactive Motion Technologies Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.7.5 Interactive Motion Technologies Recent Developments
7.8 Panasonic
7.8.1 Panasonic Profile
7.8.2 Panasonic Main Business
7.8.3 Panasonic Exoskeleton Robot Products, Services and Solutions
7.8.4 Panasonic Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.8.5 Panasonic Recent Developments
7.9 Myomo
7.9.1 Myomo Profile
7.9.2 Myomo Main Business
7.9.3 Myomo Exoskeleton Robot Products, Services and Solutions
7.9.4 Myomo Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.9.5 Myomo Recent Developments
7.10 B-TEMIA Inc.
7.10.1 B-TEMIA Inc. Profile
7.10.2 B-TEMIA Inc. Main Business
7.10.3 B-TEMIA Inc. Exoskeleton Robot Products, Services and Solutions
7.10.4 B-TEMIA Inc. Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.10.5 B-TEMIA Inc. Recent Developments
7.11 Alter G
7.11.1 Alter G Profile
7.11.2 Alter G Main Business
7.11.3 Alter G Exoskeleton Robot Products, Services and Solutions
7.11.4 Alter G Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.11.5 Alter G Recent Developments
7.12 US Bionics
7.12.1 US Bionics Profile
7.12.2 US Bionics Main Business
7.12.3 US Bionics Exoskeleton Robot Products, Services and Solutions
7.12.4 US Bionics Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.12.5 US Bionics Recent Developments
7.13 Parker Hannifin
7.13.1 Parker Hannifin Profile
7.13.2 Parker Hannifin Main Business
7.13.3 Parker Hannifin Exoskeleton Robot Products, Services and Solutions
7.13.4 Parker Hannifin Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.13.5 Parker Hannifin Recent Developments
7.14 ATOUN Inc.
7.14.1 ATOUN Inc. Profile
7.14.2 ATOUN Inc. Main Business
7.14.3 ATOUN Inc. Exoskeleton Robot Products, Services and Solutions
7.14.4 ATOUN Inc. Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.14.5 ATOUN Inc. Recent Developments
7.15 Daiya Industry
7.15.1 Daiya Industry Profile
7.15.2 Daiya Industry Main Business
7.15.3 Daiya Industry Exoskeleton Robot Products, Services and Solutions
7.15.4 Daiya Industry Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.15.5 Daiya Industry Recent Developments
7.16 Bioservo Technologies
7.16.1 Bioservo Technologies Profile
7.16.2 Bioservo Technologies Main Business
7.16.3 Bioservo Technologies Exoskeleton Robot Products, Services and Solutions
7.16.4 Bioservo Technologies Exoskeleton Robot Revenue (US$ Million) & (2020-2025)
7.16.5 Bioservo Technologies Recent Developments

8 Industry Chain Analysis
8.1 Exoskeleton Robot Industrial Chain
8.2 Exoskeleton Robot Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Exoskeleton Robot Sales Model
8.5.2 Sales Channel
8.5.3 Exoskeleton Robot Distributors

9 Research Findings and Conclusion

10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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