Exoskeleton is an autonomous robot. Exoskeletons are wearable autonomous robots that are utilized as rehabilitation devices. Exoskeleton is responsible for enhancing, and improving human performance. Exoskeletons are made of rigid materials, including metal, carbon fiber or elastic parts. Exoskeleton devices can be placed on the upper, lower body or entire body, even on certain body parts such as knees and ankles.
Market Dynamics
Increasing demand for exoskeletons in the healthcare sector for rehabilitation is one of the major factors expected to drive growth of the global exoskeleton market during the forecast period. For instance, according to ReWalk Robotics Ltd., in 2016, the company’s sale for exoskeleton was totaled over 250 units, of which over 150 units were used in rehabilitation centers. This factor is expected to boost global market growth. Additionally, increased investment from government in various sector including healthcare and defense & military application is another major factor driving global market growth. For instance, according to The US Defense Advanced Research Projects Agency or DARPA has invested 50 million for a project called “Exoskeletons for Human Performance Augmentation” in 2010. Moreover, In 2015, the Technical Research and Development Institute, which is the defense research wing of the Japanese military, moved to invest $7.5 million into developing “highly mobile powered suits.”
Key features of the study:
- This report provides in-depth analysis of exoskeleton market size (US$ Billion), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017– 2025), considering 2016 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global exoskeleton market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies, and future plans
- Key companies covered as a part of this study Ekso Bionics, ActiveLink (Panasonic Corporation), Cyberdyne, Inc., ReWalk Robotics Ltd, Rex Bionics Plc., Lockheed Martin Corporation, Suit X (U.S. Bionics, Inc.), RB3D, Hocoma, DIH Technologies, Focal Meditech, and Ottobock.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, product up-gradation, market expansion, and marketing tactics
- The global exoskeleton market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the exoskeleton market
Detailed Segmentation:
- Global Exoskeleton Market, By Offering:
- Global Exoskeleton Market, By Product Type:
- Global Exoskeleton Market, By Mobility:
- Global Exoskeleton Market, By Body Parts:
- Lower Extremities
- Upper Extremities
- Full Body
- Global Exoskeleton Market, By Vertical:
- Healthcare
- Military
- Industrial
- Others
- Global Exoskeleton Market, By Geography:
- North America
- By Offering:
- By Product Type
- By Mobility
- By Body Parts
- Lower Extremities
- Upper Extremities
- Full Body
- By Vertical:
- Healthcare
- Military
- Industrial
- Others
- By Region
- Europe
- By Offering:
- By Product Type
- By Mobility
- By Body Parts
- Lower Extremities
- Upper Extremities
- Full Body
- By Vertical:
- Healthcare
- Military
- Industrial
- Others
- By Region
- U.K.
- Germany
- Italy
- France
- Russia
- Rest of Europe
- Asia Pacific
- By Offering:
- By Product Type
- By Mobility
- By Body Parts
- Lower Extremities
- Upper Extremities
- Full Body
- By Vertical:
- Healthcare
- Military
- Industrial
- Others
- By Region
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- By Offering:
- By Product Type
- By Mobility
- By Body Parts
- Lower Extremities
- Upper Extremities
- Full Body
- By Vertical:
- Healthcare
- Military
- Industrial
- Others
- By Region
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- By Offering:
- By Product Type
- By Mobility
- By Body Parts
- Lower Extremities
- Upper Extremities
- Full Body
- By Vertical:
- Healthcare
- Military
- Industrial
- Others
- By Region
- GCC
- Israel
- Rest of Middle East
- Africa
- By Offering:
- By Product Type
- By Mobility
- By Body Parts
- Lower Extremities
- Upper Extremities
- Full Body
- By Vertical:
- Healthcare
- Military
- Industrial
- Others
- By Region
- North Africa
- Central Africa
- South Africa
- Company Profiles
- Ekso Bionics
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- ActiveLink (Panasonic Corporation)
- Cyberdyne, Inc.
- ReWalk Robotics Ltd.
- Rex Bionics Plc.
- Lockheed Martin Corporation
- Suit X (U.S. Bionics, Inc.)
- RB3D
- Hocoma
- DIH Technologies
- Focal Meditech
- Ottobock.
“*” marked represents similar segmentation in other categories in the respective section.