Global medical exoskeleton market is expected to reach USD 1084.40 million by 2025, from USD 84.87 million in 2017 growing at a CAGR of 37.5% during the forecast period to 2026.
Medical Exoskeleton Market report presents the company profiles of the key vendors and comprehensively analyzes their core competencies to increase an adaptive perspective on the competitive scene and helps the readers to plan the strategies accordingly-: Bioness, Ekso Bionics Holdings, Inc., ReWalk Robotics Ltd , Parker Hannifin Corp, Bionik Laboratories Corp, CYBERDYNE Inc., Rex Bionics Ltd., B-TEMIA Inc., Hocoma AG (A Subsidiary of DIH Technologies), Wearable Robotics SRL, Gogoa Mobility Robots SL, ExoAtlet, among others.
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Global Medical Exoskeleton Market, By Product (Stationary, Mobile), Type (Full Body, Upper Body, Lower Body), End Users (Hospitals, Patients, Healthcare)– Industry Trends and Forecast to 2026
Market Dynamics Analysis-:
The Medical Exoskeleton Market report consists of the all the market drivers and restrains which are derived from SWOT analysis-:
Drivers and Restraints:
- Due to rising investment and funding in the research and development.
- Government concern and safety towards the patients
- Due to the growing demand of medical insurance
- With increasing demand of robotics
- Rise in the technological advancement
- Due to rising requirement of exosuits
- High cost limits its utilization
Territorial Market Analysis-:
The report further examines the market potential for various regions all over the globe thinking about macroeconomic parameters, buyers’ purchasing behaviors and demand and supply.
Geologically, this report is divided into a few key regions:
- North America (United States, Canada and Mexico),
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia and so on.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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The global medical exoskeleton market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical exoskeleton market for global, Europe, North America, Asia Pacific and South America.
Major Highlights of TOC:
Chapter One: Medical Exoskeleton Market Industry Overview
1.1 Medical Exoskeleton Market Overview
1.1.1 Products of Major Companies
1.2 Medical Exoskeleton Market Segment
1.2.1 Industry Chain
1.2.2 Consumer Distribution
1.3 Price & Cost Overview
Chapter Two: Medical Exoskeleton Market Demand
2.1 Segment Overview
2.1.1 APPLICATION 1
2.1.2 APPLICATION 2
2.2 Medical Exoskeleton Market Size by Demand
2.3 Medical Exoskeleton Market Forecast by Demand
Chapter Three: Medical Exoskeleton Market by Type
3.1 By Type
3.1.1 TYPE 1
3.1.2 TYPE 2
3.2 Medical Exoskeleton Market Size by Type
3.3 Medical Exoskeleton Market Forecast by Type
Chapter Four: Major Region of Medical Exoskeleton Market
4.1 By Sales
4.2 Medical Exoskeleton Market share
Chapter Five: Major Companies List
Chapter Six: Conclusion
Key Developments in the Market:
- For instance, in 2016, Centre for Robotics at University of Electronic Science & Technology of China announced the production of robotic exoskeleton for walking assistance
- For instance, in 2014, ReWalk got the FDA approval and in March 2015, the company announced an agreement with Saimed Innovation to dispense its exoskeleton systems in North India. With this agreement, the company develops its global presence.
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