A Global Medical Exoskeleton Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Medical Exoskeleton industry, encompassing key business details and extensive geographical coverage. Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Medical Exoskeleton industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Medical Exoskeleton industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Medical Exoskeleton industry. In addition to providing crucial statistical data about the Medical Exoskeleton market, this study covers qualitative and quantitative aspects of the Medical Exoskeleton market. In addition to historical data from 2017 to 2018, the research study provides an accurate forecast until 2030 for the Medical Exoskeleton market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
The global medical exoskeleton market size is expected to reach USD 6.25 Billion at a steady revenue CAGR of 45.0% in 2030, according to the latest analysis by Emergen Research. Large investments in the development of exoskeleton technology is driving revenue growth of the medical exoskeletons market. For instance, exoskeleton developer Wandercraft secured USD 45 million in Series C funding. Wandercraft is situated in Paris. The cash will be used by the business to develop and market a personal exoskeleton for use in the outdoors and at home, as well as hasten the introduction of Wandercraft's Atalante rehabilitation exoskeleton in the U.S. Atalante is a lower-body exoskeleton that can balance itself and mimics how individuals walk. In 2017, the business started the exoskeleton's clinical trials. In 2019, many drugs received Conformité Européene (CE) marking. With the use of the company's hands-free function, the exoskeleton is made to enable the wearer to move their upper body and torso without restriction. Exoskeletons are used to help physical therapy patients move more quickly and comfortably.
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The latest study provides an insightful analysis of the broad competitive landscape of the global Medical Exoskeleton market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report.
Key Companies Profiled in the Report are
Cyberdyne Inc., Ekso Bionics, ReWalk Robotics, Bionik, Rex Bionics Ltd., Parker Hannifin Corp., B-Temia, Bioventus, Hocoma, and Wearable Robotics srl
The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Medical Exoskeleton market and pinpoint the fundamental growth trends.
Regional Segmentation:
- North America
- Latin America
- Europe
- Middle East Africa
- Asia Pacific
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
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Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.
On the basis of type, the market is segmented into
Component Outlook (Revenue, USD Million; 2019–2030)
- Hardware
- Sensors
- Gyroscopes
- Microphones
- Accelerometers
- Tilt Sensors
- Force/Torque Sensors
- Position Sensors
- Others
- Actuators
- Electrical
- Pneumatic
- Hydraulic
- Piezoelectric
- Power Sources
- Control Systems/Controllers
- Others
- Software
Type Outlook (Revenue, USD Million; 2019–2030)
- Powered
- Passive
Extremity Outlook (Revenue, USD Million; 2019–2030)
- Lower Extremity
- Upper Extremity
- Full Body
Report Highlights:
- Besides offering a vivid depiction of the global Medical Exoskeleton business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
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