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