PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1392080
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1392080
Global Medical Exoskeleton Market, By Type, By Mobility, By End User, By Geography
The global medical exoskeleton market size is expected to reach US$ 1,504.8 Million by 2030, from US$ 357.4 Million in 2023, at a CAGR of 22.8% during the forecast period.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023: | US$ 357.4 Mn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023 to 2030 CAGR: | 22.80% | 2030 Value Projection: | US$ 1,504.8 Mn |
The field of medical exoskeletons has seen significant advancements in recent years, revolutionizing the way patients approach rehabilitation and mobility assistance for individuals with physical disabilities. These wearable robotic devices are designed to augment human strength and provide support to patients suffering from conditions such as spinal cord injuries, strokes, or muscular dystrophy. By offering assistance in movement and improving the quality of life for patients, medical exoskeletons are paving the way for a future where mobility limitations are no longer a hindrance.
Market Dynamics:
The medical exoskeleton market is booming, driven by several factors that are transforming the healthcare landscape. One of the primary drivers of market growth is the increasing prevalence of disabilities and chronic conditions that require support for mobility. This has led to a rising demand for exoskeletons that can provide patients with enhanced independence and improved functionality.
Another significant driver of market growth is the advancements in technology that have enabled the development of more sophisticated and user-friendly exoskeletons. Breakthroughs in materials, sensors, and biomechanical engineering have resulted in lighter and more comfortable exoskeletons, making them more accessible and easier to use for patients.
However, The market is not without its difficulties. The high costs associated with medical exoskeletons pose a restraint to widespread adoption. Additionally, regulatory hurdles and reimbursement issues can also impede market growth. However, with increasing investments in research and development as well as collaborations between key industry players and healthcare providers, these obstacles are being addressed.
Despite the challenges, the medical exoskeleton market presents numerous opportunities. The growing focus on personalized medicine and patient-centered care is likely to drive the demand for exoskeletons tailored to specific conditions and individual needs. Additionally, the rising geriatric population and the increasing prevalence of neurological disorders provide a vast market potential for medical exoskeleton manufacturers.
Key Features of the Study:
- This report provides in-depth analysis of the global medical exoskeleton market, including market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), with 2022 as the base year
- It elucidates potential revenue opportunities 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 approvals, market trends, regional outlook, and competitive strategies adopted by key players
- Key companies covered as a part of this study include Ekso Bionics, ReWalk Robotics, PARKER HANNIFIN CORP, BIONIK, Rex Bionics Ltd, Suit X, CYBERDYNE INC., B-Temia, Wandercraft and ExoAtlet.
- Insights from this report would allow marketers and management authorities to make informed decisions regarding future product launches, type upgrades, market expansion, and marketing tactics
- The global medical exoskeleton market report caters to various stakeholders in this industry, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders will have ease in decision-making through various strategy matrices used in analyzing the global medical exoskeleton market
Global Medical Exoskeleton Market Segmentation:
- By Type
- Lower Body Exoskeletons
- Upper Body Exoskeletons
- Full Body Exoskeletons
- Others (Soft Exoskeletons, Active Exoskeletons, Passive Exoskeletons)
- By Mobility
- Mobile Exoskeletons
- Stationary Exoskeletons
- Fixed Exoskeletons
- By End User
- Rehabilitation Centers
- Hospitals
- Long Term Care Centers
- Homecare Settings
- Others (Industrial Sites, Military)
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Top companies in Global Medical Exoskeleton Market:
- Ekso Bionics
- ReWalk Robotics
- PARKER HANNIFIN CORP
- BIONIK
- Rex Bionics Ltd
- Suit X
- CYBERDYNE INC.
- B-Temia
- Wandercraft
- ExoAtlet
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Medical Exoskeleton, By Type
- Market Medical Exoskeleton, By Mobility
- Market Medical Exoskeleton, By End User
- Market Medical Exoskeleton, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Increasing incidence of mobility impairing conditions
- Restraints
- High cost of medical exoskeletons
- Opportunities
- Growing potential in developing countries
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Medical Exoskeleton Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Medical Exoskeleton Market , By Type, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Lower Body Exoskeletons
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Upper Body Exoskeletons
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Full Body Exoskeletons
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
- Others (Soft Exoskeletons, Active Exoskeletons, Passive Exoskeletons)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
6. Medical Exoskeleton Market , By Mobility, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Mobile Exoskeletons
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
- Stationary Exoskeletons
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
- Fixed Exoskeletons
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
7. Medical Exoskeleton Market , By End User, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Rehabilitation Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
- Long Term Care Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
- Homecare Settings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
- Others (Industrial Sites, Military)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
8. Medical Exoskeleton Market , By Region, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2019-2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Mobility, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Mobility, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Mobility, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Mobility, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Mobility, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Mobility, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2018-2030,(US$ Mn)
- North Africa
- South Africa
- Central Africa
9. Competitive Landscape
- Ekso Bionics
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- ReWalk Robotics
- PARKER HANNIFIN CORP
- BIONIK
- Rex Bionics Ltd.
- Suit X
- CYBERDYNE INC.
- B-Temia
- Wandercraft
- ExoAtlet
- Analyst Views
10. Section
- Research Methodology
- About us
