Medical Exoskeleton Market Revenue, Region & Country Share, Trends, Growth Analysis Till 2030

Increasing number of individuals with physical disabilities and subsequent rise in demand for effective rehabilitation approaches is a significant factor driving the global medical exoskeleton market revenue growth

The report titled ‘Global Medical Exoskeleton Market’ is a comprehensive report that offers detailed research and analysis of key aspects of the global Medical Exoskeleton market. The data is gathered through extensive primary and secondary research and further validated by industry experts and professionals. The report provides full coverage of the key driving factors, restraints, challenges, trends, and growth prospects to offer a complete overview of the global Medical Exoskeleton market. New entrants and top players can benefit from the data offered by the report to plan effective business and investment strategies. Additionally, the report provides a comprehensive analysis of current and emerging trends.

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 primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Medical Exoskeleton market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.

Target Audience of the Report:

  • Leading Companies
  • Large, medium-sized, and small enterprises
  • Investors
  • Value-Added Resellers (VARs)
  • Venture capitalists
  • Third-party knowledge providers

The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regional Segmentation:

  • North America
  • Latin America
  • Europe
  • Middle East & Africa
  • Asia Pacific

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Companies profiled in the global Medical Exoskeleton market:

Cyberdyne Inc., Ekso Bionics, ReWalk Robotics, Bionik, Rex Bionics Ltd., Parker Hannifin Corp., B-Temia, Bioventus, Hocoma, and Wearable Robotics srl

Market Segmentations of the Medical Exoskeleton Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the forecast period. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Medical Exoskeleton market on the basis of product, application, and region:

Segments Covered in this report are:

  • 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

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Key Features of the Medical Exoskeleton Market Report:

  • The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
  • The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
  • Evaluation of key current and emerging market trends and growth prospects
  • It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
  • Brief overview of industry with regards to research and development, technological advancements, and product development
  • In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario

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