Wearable Robotic Exoskeleton Market Size, Share, and Analysis, By Type (Powered Exoskeletons & Passive Exoskeletons), By Application (Rehabilitation, Assistive, Body Part Support, and Sports), By Body Part (Lower Body, Upper Body, and Full body), By End U

Wearable Robotic Exoskeleton Market Size, Share, and Analysis, By Type (Powered Exoskeletons & Passive Exoskeletons), By Application (Rehabilitation, Assistive, Body Part Support, and Sports), By Body Part (Lower Body, Upper Body, and Full body), By End User (Healthcare, Industrial, Defense & Aerospace, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034


Wearable Robotic Exoskeleton Market Size, Share, and Analysis, By Type (Powered Exoskeletons & Passive Exoskeletons), By Application (Rehabilitation, Assistive, Body Part Support, and Sports), By Body Part (Lower Body, Upper Body, and Full body), By End User (Healthcare, Industrial, Defense & Aerospace, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

PRODUCT OVERVIEW

Wearable Robotic Exoskeleton Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 44.1% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 1.3 billion and is projected to reach USD 75 billion by the completion of 2034.

Wearable robotic exoskeleton refers to an outer mechanical structure worn on the body that is designed to support or rehabilitate physical capabilities. These exoskeletons have been developed to improve human abilities and include various components such as motors, sensors, and structural parts. They serve various purposes, such as aiding flexibility for those with disabilities, increasing strength in industrial settings, and assisting with injury recovery. Furthermore, by detecting motion and delivering electrical power assistance, wearable robotic exoskeleton reduces physical strain, improve endurance, and make challenging jobs easier. These suits are made to suit different body shapes and deliver unique experiences that adjust to individual needs. Therefore, wearable robotic exoskeleton is a technical innovation that assist individuals seeking increased mobility and strength.

MARKET HIGHLIGHTS

Wearable Robotic Exoskeleton Market is projected to achieve USD 75 billion during the forecast period, due to its wide range of applications. These innovations have transformed rehabilitation process by assisting individuals with disabilities and finding vast usage across hospitals and rehabilitation centres. Exoskeletons are used in manufacturing and logistic industries to improve the safety of workers, enhance productivity, and minimize chances of injuries. Furthermore, the growth is due to improvements in technology which provides comfort and affordability to users. Moreover, various collaborations between technological firms, healthcare providers, and manufacturers are promoting innovation, while constantly evolving regulations guarantee the safety and effectiveness of these devices. Therefore, the market is experiencing sustained growth owing to the flexibility and easy applicability of wearable robotic exoskeletons across multiple sectors.

Wearable Robotic Exoskeleton Market Segments:
  • By Type
  • Powered Exoskeletons
  • Passive Exoskeletons
  • By Application
  • Rehabilitation
  • Assistive
  • Body Part Support
  • Sports
  • By Body Part
  • Lower Body
  • Upper Body
  • Full body
  • By End User
  • Healthcare
  • Industrial
  • Defence & Aerospace
  • Others
MARKET DYNAMICS

Growth Drivers

Growing Demand for Rehabilitation and Assistive Technologies Will Drive Market Growth

Improvements In Technology and Innovation Will Open New Avenues for Growth

Restraint

High Price of Robotic Exoskeleton Technology Could Restrict Market Growth

Key Players
  • Ekso Bionics
  • Cyberdyne
  • ReWalk Robotics
  • Technaid S.L.
  • Hyundai Motor Group
  • Bionik Laboratories Corp.
  • MYOLYN
  • Parker Hannifin Corporation
  • Lockheed Martin Corporation
  • Honda Motor Co., Ltd.
  • SuitX
  • Hocoma AG
  • ATOUN Inc.
  • Wandercraft
  • Fourier Intelligence
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 2-3 business days upon order confirmation*


1.Executive Summary
1.1. Regional Market Share
1.2.Business Trends
1.3. Wearable Robotic Exoskeleton Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1.Market Definition
3.2.Wearable Robotic Exoskeleton Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.Wearable Robotic Exoskeleton Market – Industry Insights
4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7. Market Dynamics
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.Risk Analysis
9. Market Analysis
9.1.Porters Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.Wearable Robotic Exoskeleton Market
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. Wearable Robotic Exoskeleton Market Size & Forecast 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1.By Type
11.3.1.1. Powered Exoskeleton
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Passive Exoskeleton
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By Application
11.3.2.1.Rehabilitation
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Assistive
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.3. Body Part Support
11.3.2.3.1.By Value (USD Million) 2024-2034F
11.3.2.3.2. Market Share (%) 2024-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.4. Sports
11.3.2.4.1.By Value (USD Million) 2024-2034F
11.3.2.4.2. Market Share (%) 2024-2034F
11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.By Body Part
11.3.3.1.Lower Body
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Upper Body
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.3. Full Body
11.3.3.3.1.By Value (USD Million) 2024-2034F
11.3.3.3.2. Market Share (%) 2024-2034F
11.3.3.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.By End User
11.3.4.1.Healthcare
11.3.4.1.1. By Value (USD Million) 2024-2034F
11.3.4.1.2.Market Share (%) 2024-2034F
11.3.4.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.4.2. Industrial
11.3.4.2.1.By Value (USD Million) 2024-2034F
11.3.4.2.2. Market Share (%) 2024-2034F
11.3.4.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.3. Defense & Aerospace
11.3.4.3.1.By Value (USD Million) 2024-2034F
11.3.4.3.2. Market Share (%) 2024-2034F
11.3.4.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.4.Others
11.3.4.4.1.By Value (USD Million) 2024-2034F
11.3.4.4.2. Market Share (%) 2024-2034F
11.3.4.4.3. Y-o-Y Growth (%) 2024-2034F
12.North America Wearable Robotic Exoskeleton Market Size & Forecast 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Type
12.3.2. By Application
12.3.3. By Body Part
12.3.4. By End User
12.4. Country
12.4.1. United States
12.4.2. Canada
13.Europe Wearable Robotic Exoskeleton Market Size & Forecast 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Type
13.3.2. By Application
13.3.3. By Body Part
13.3.4. By End User
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.Asia-Pacific Wearable Robotic Exoskeleton Market Size & Forecast 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Type
14.3.2. By Application
14.3.3. By Body Part
14.3.4. By End User
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.Middle East and Africa Wearable Robotic Exoskeleton Market Size & Forecast 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Type
15.3.2. By Application
15.3.3. By Body Part
15.3.4. By End User
15.4.Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4.South Africa
15.4.5. Rest of Middle East and Africa
16. Latin America Wearable Robotic Exoskeleton Market Size & Forecast 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Type
16.3.2. By Application
16.3.3. By Body Part
16.3.4. By End User
16.4.Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. Competitive Landscape
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1. Ekso Bionics
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Cyberdyne
18.3.ReWalk Robotics
18.4.Parker Hannifin Corporation
18.5.ATOUN Inc.
18.6.Lockheed Martin Corporation
18.7.Hyundai Motor Group
18.8.Honda Motor Co., Ltd.
18.9.Technaid S.L.
18.10.SuitX
18.11. Bionik Laboratories Corp.
18.12.Hocoma AG
18.13.MYOLYN
18.14.Wandercraft
18.15.Fourier Intelligence
18.16.Other Prominent Players
19. Appendix
20.Consultant Recommendation

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