Global Exoskeleton Market Size, Share, Forecast 2021 - 2030

The Exoskeleton is expected to reach USD 1253.7 Million by 2030, at a CAGR of 18% during the forecast period 2021 to 2030.

AI-based exoskeletons are used in various fields like manufacturing, rehabilitation, military, and construction to reduce fatigue and injury risks from repetitive tasks. They boost productivity and are particularly in demand in healthcare for robotic rehabilitation. The market is expanding due to the need for medical exoskeletons that assist patients with lower limb mobility issues during training. These devices help improve walking patterns over time, driven by rising disability rates and strategic initiatives from industry players.

This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Exoskeleton market. The survey included a diverse set of players, including a balance of leading and growing manufacturers for business profiling, such as;

Hocoma · Ekso Bionics · Suit X · Lockeed Martin Corporation · Rex Bionics Plc. · Cyberdyne, Inc. · RB3D · ReWalk Robotics Ltd.

Our expert team is consistently working on updated data and information on the key player's related business processes that value the market for future strategies and predictions

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Market Segmentation:

 By Mobility

·         Mobile

·         Fixed

 By Technology

·         Powered

·         Non-powered

Covered in this Report:

1. Go-to-market Strategy.
2. Neutral perspective on the market performance.
3. Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status.
4. Customized regional/country reports as per request and country level analysis.
5. Potential & niche segments and regions exhibiting promising growth covered.
6.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 (Innovators, Start-ups, Laggard, and Pioneer).

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Industry Developments:

In June 2022, Ekso Bionics has got the approval from U.S. FDA for the clinical use of EksoNR robotic exoskeleton which is to be used for the treatment from Acquired Brain Injury (ABI).

Regional Analysis for 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:

⏩ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
⏩ Top-down and bottom-up approach for regional analysis
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➥ What is the market size of the Exoskeleton market?
➥ What is the market growth rate of the Exoskeleton market?
➥ What are the Exoskeleton market opportunities and threats faced by the vendors in the global Exoskeleton Industry?
➥ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➥ What focused approach and constraints are holding the Exoskeleton market?
➥ What are the different sales, marketing, and distribution channels in the global industry?

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About the Spherical Insights

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