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Medical Exoskeleton Market by Component, Type, Extremities & Mobility - 2023

The global medical exoskeleton market is projected to reach USD 571.6 million by 2023 from USD 116.7 million in 2018, at a CAGR of 37.4% during the forecast period. Factors such as the increasing number of people with physical disabilities and subsequent growth in the demand for effective rehabilitation approaches and increasing insurance coverage for medical exoskeletons in several countries are driving the growth of the medical exoskeleton market. The report segments the market into component, type, mobility, extremity, and region. By extremity, the market is segmented into lower extremity medical exoskeletons and upper extremity medical exoskeletons. The upper extremity segment is projected to grow at the highest CAGR during the forecast period. These exoskeletons are generally used in the rehabilitation of upper limb amputees and stroke and cerebral palsy patients.

The global medical exoskeleton market is projected to reach USD 571.6 million by 2023 from USD 116.7 million in 2018, at a CAGR of 37.4% during the forecast period. Factors such as the increasing number of people with physical disabilities and subsequent growth in the demand for effective rehabilitation approaches and increasing insurance coverage for medical exoskeletons in several countries are driving the growth of the medical exoskeleton market. The report segments the market into component, type, mobility, extremity, and region.

By extremity, the market is segmented into lower extremity medical exoskeletons and upper extremity medical exoskeletons. The upper extremity segment is projected to grow at the highest CAGR during the forecast period. These exoskeletons are generally used in the rehabilitation of upper limb amputees and stroke and cerebral palsy patients.

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<strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong> <strong>by</strong> <strong>Component</strong> (Hardware (Sensor,<br />

Actuator, Control System, Power Source), Software), <strong>Type</strong> (Powered,<br />

Passive), <strong>Extremities</strong> (Lower, Upper) & <strong>Mobility</strong> (Mobile, Stationary) -<br />

Global Forecast to <strong>2023</strong><br />

The <strong>Market</strong> Research on <strong>Medical</strong> <strong>Exoskeleton</strong> Marekt, By Considering useful aspects like;<br />

component, type- Global Future Forecast till <strong>2023</strong>, published <strong>by</strong> <strong>Market</strong>sand<strong>Market</strong>s, the<br />

report studies the global <strong>Medical</strong> <strong>Exoskeleton</strong> market over the forecast period to <strong>2023</strong>.<br />

The global medical exoskeleton market is projected to reach USD 571.6 million <strong>by</strong> <strong>2023</strong> from<br />

USD 116.7 million in 2018, at a CAGR of 37.4%.<br />

The medical exoskeleton market is segmented on the basis of component, into hardware and<br />

software. The hardware segment is estimated to account for the largest market share in 2018.<br />

The large share of this segment can be attributed to the fact that a large number of parts such<br />

as sensors, actuators, power sources, and control systems are required to manufacture<br />

exoskeletons. Manufacturers are also adding upgraded and advanced hardware into the overall<br />

design to enhance the capability of medical exoskeletons, making them smarter and more<br />

interactive.<br />

The medical exoskeleton market is segmented <strong>by</strong> type into powered and passive exoskeletons.<br />

In 2018, the powered exoskeleton segment is expected to dominate the market. This segment<br />

is also expected to grow at the highest CAGR during the forecast period. The presence of<br />

sensors and various controlling functions in powered exoskeletons to sense motion, tilt, and<br />

speed is the major factor driving the growth of powered medical exoskeletons.<br />

The market is dominated <strong>by</strong> North America, followed <strong>by</strong> Europe. Factors such the growing<br />

geriatric population, increasing demand for self-assist exoskeletons, high prevalence of stroke,<br />

and the growing number of spinal cord injuries (SCI) are driving market growth in this region.<br />

However, the high cost of medical exoskeletons may restrain the growth of the market to a<br />

certain extent.<br />

The <strong>Medical</strong> <strong>Exoskeleton</strong> market is fragmented with the presence of emerging players;<br />

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Ekso Bionics Holdings, Inc. (US), ReWalk Robotics Ltd (Israel), Parker Hannifin Corp (US), Bionik<br />

Laboratories Corp (Canada), CYBERDYNE Inc. (Japan), Rex Bionics Ltd. (UK), B-TEMIA Inc.<br />

(Canada), Hocoma AG (A Subsidiary of DIH Technologies) (Switzerland), Wearable Robotics SRL<br />

(Italy), Gogoa <strong>Mobility</strong> Robots SL (Spain), and ExoAtlet, O.O.O. (Russia)…..Read More<br />

Request a Sample Copy of "<strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>" Consist 69 tables and 31 figures<br />

spread over 116 pages and in-depth TOC:<br />

https://www.marketsandmarkets.com/requestsample.asp?id=138546702<br />

<strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By <strong>Component</strong><br />

• Hardware<br />

• Sensors<br />

• Actuators<br />

• Power Sources<br />

• Control Systems<br />

<strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By <strong>Type</strong><br />

• Powered <strong>Exoskeleton</strong>s<br />

• Passive <strong>Exoskeleton</strong>s<br />

<strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By Extremity<br />

• Upper Extremity <strong>Medical</strong> <strong>Exoskeleton</strong>s<br />

• Lower Extremity <strong>Medical</strong> <strong>Exoskeleton</strong>s<br />

<strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By <strong>Mobility</strong><br />

• Stationary <strong>Exoskeleton</strong>s<br />

• Mobile <strong>Exoskeleton</strong>s<br />

<strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, <strong>by</strong> Region;<br />

• North America (US, Canada)<br />

• Europe (UK, Germany, Others)<br />

• Asia<br />

• Rest of the World<br />

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For any queries Speak to our Analyst:<br />

https://www.marketsandmarkets.com/speaktoanalyst.asp?id=138546702<br />

Major Key Points from Table of Content:<br />

• Introduction<br />

• Research Methodology<br />

• <strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By <strong>Component</strong><br />

• <strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By <strong>Type</strong><br />

• <strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By <strong>Mobility</strong><br />

• <strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By Extremity<br />

• Competitive Landscape<br />

• Company Profiles<br />

The Objectives Covered in This Research Report:<br />

• To define, describe, and forecast the global <strong>Medical</strong> <strong>Exoskeleton</strong> market based on<br />

product, application, end user, and region<br />

• To provide detailed information regarding the major factors influencing the growth of<br />

the market (drivers, restraints, opportunities and industry-specific challenges)<br />

• To strategically analyze micro markets with respect to individual growth trends,<br />

prospects, and contributions to the overall market<br />

• To analyze the opportunities in the market for stakeholders and provide details of the<br />

competitive landscape for the market leaders.<br />

Major Key Points from List of Tables (Consist of 69 Tables):<br />

• <strong>Medical</strong> <strong>Exoskeleton</strong> Hardware <strong>Market</strong>, By Region, 2016–<strong>2023</strong> (USD Million)<br />

• Sensors <strong>Market</strong>, By Region, 2016–<strong>2023</strong> (USD Million)<br />

• Power Sources <strong>Market</strong>, By Region, 2016–<strong>2023</strong> (USD Million)<br />

• <strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By <strong>Mobility</strong>, 2016–<strong>2023</strong> (USD Million)<br />

• Lower Extremity <strong>Medical</strong> <strong>Exoskeleton</strong>s <strong>Market</strong>, By Region, 2016–<strong>2023</strong> (USD Million)<br />

• North America: <strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By Country, 2016–<strong>2023</strong> (USD Million)<br />

• US: <strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By <strong>Type</strong>, 2016–<strong>2023</strong> (USD Million)<br />

• Canada: <strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By <strong>Mobility</strong>, 2016–<strong>2023</strong> (USD Million)<br />

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• Germany: <strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By <strong>Component</strong>, 2016–<strong>2023</strong> (USD Million)…….<br />

Click To Read Full Toc<br />

Download PDF Brochure:<br />

https://www.marketsandmarkets.com/pdfdownload.asp?id=138546702<br />

Major Key Points from List of Figures (Consist of 31 Figures):<br />

• <strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By <strong>Component</strong>, 2018–<strong>2023</strong> (USD Million)<br />

• <strong>Medical</strong> <strong>Exoskeleton</strong> <strong>Market</strong>: Geographical Snapshot<br />

• Actuators to Hold the Largest Share of the <strong>Medical</strong> <strong>Exoskeleton</strong> Hardware <strong>Market</strong> in<br />

2018<br />

• Asia to Be the Fastest-Growing Regional Segment During the Forecast Period<br />

• Powered <strong>Exoskeleton</strong> Segment to Dominate the <strong>Market</strong> During the Forecast Period<br />

• Key Players Adopted Organic and Inorganic Growth Strategies Between January 2015<br />

and June 2018<br />

• Cyberdyne: Company Snapshot (2017)<br />

• Company Snapshot: Ekso Bionics (2017)<br />

• Company Snapshot: Parker Hannifin (2017)<br />

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