PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1738487
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1738487
Exoskeleton Market Introduction and Overview
According to SPER Market Research, 'Global Exoskeleton Market Size - By Mobility, By Technology, By Extremity, By End Use - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Exoskeleton Market is predicted to reach 2326.2 million by 2034 with a CAGR of 16.85%.
Exoskeletons are robotic-assisted wearable devices that enhance human mobility, strength, and endurance by providing external support to the body. These systems are used in healthcare to assist individuals with paralysis or musculoskeletal disorders, enabling rehabilitation and improving quality of life. In industrial settings, exoskeletons help reduce physical strain on workers, preventing injuries and improving productivity.
Restraints: Exoskeletons have great potential, but a number of obstacles prevent their widespread use. Many people and organizations, especially in developing nations, cannot afford these devices due to their high manufacture and purchase prices. Long-term usage and user comfort are impacted by exoskeleton weight and battery restrictions. Long approval procedures and regulatory barriers prevent new items from entering the market quickly, which limits innovation.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Mobility, By Technology, By Extremity, By End Use
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
ActiveLink, Cyberdyne Inc, Ekso Bionics, Hocoma, Lockheed Martin Corporation, RB3D, ReWalk Robotics, Rex Bionics Plc, Suit X
Global Exoskeleton Market Segmentation:
By Mobility: Based on the Mobility, Global Exoskeleton Market is segmented as; Mobile and Fixed/Stationary.
By Technology: Based on the Technology, Global Exoskeleton Market is segmented as; Powered and Non-Powered.
By Extremity: Based on the Extremity, Global Exoskeleton Market is segmented as; Upper Body, Lower Body and Full Body.
By End Use: Based on the End Use, Global Exoskeleton Market is segmented as; Healthcare, Military and Industry.