Global Exoskeleton Robots Strategic Business Report 2023: Increasing Incidence of Neurological, Musculoskeletal and Chronic Medical Conditions to Steer Adoption

News provided by

Jun 28, 2023, 13:15 ET

DUBLIN, June 28, 2023 /PRNewswire/ -- The "Exoskeleton Robots: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Exoskeleton Robots estimated at US$896.5 Million in the year 2022, is projected to reach a revised size of US$4.6 Billion by 2030, growing at a CAGR of 22.6% over the analysis period 2022-2030.

Healthcare, one of the segments analyzed in the report, is projected to record a 22.1% CAGR and reach US$2.2 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Industrial segment is readjusted to a revised 24.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $384.8 Million, While China is Forecast to Grow at 26.7% CAGR

The Exoskeleton Robots market in the U.S. is estimated at US$384.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$613.2 Million by the year 2030 trailing a CAGR of 26.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18% and 20.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 22.2% CAGR.

Select Competitors (Total 102 Featured) -

ATOUN Inc.
Bioness Inc.
Bionik Laboratories Corp.
Bioservo Technologies AB
B-Temia Inc.
Cyberdyne Inc.
Ekso Bionics Holdings Inc.
Gogoa Mobility Robots
Hocoma AG
Lockheed Martin Corporation
Parker-Hannifin Corporation
RB3D
Rehab-Robotics Company Limited
ReWalk Robotics Ltd.
Rex Bionics Ltd.
suitX (US Bionics)

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Exoskeleton Robots - Global Key Competitors Percentage Market Share in 2022 (E)
Impact of COVID-19 and a Looming Global Recession
COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019E to 2022F
COVID-19 Provides Major Springboard to Full-Body, Powered Exoskeleton Deployment
Pandemic Compels Senior Care Facilities to Use Modern Technologies for Better Care
Disruptions in Military Training Inflicts Direct Blow on Exoskeleton Robotics Market
Infection Spread Disrupts Military Personnel Training & Troop Deployment: Cumulative Number of COVID-19 Cases Across the Defense Department in the U.S. in May, June, September & November 2020
Exoskeleton Robots: Wearable Machines to Augment Human Strength
Increasing Adoption of Active & Passive Exoskeletons
Rising Demand Amps Up Global Robotic Exoskeletons Market to Action-Packed Future
Mobile Exoskeletons Dominate and Buoy the Market
Active and Passive Exoskeletons: Primary Segments of Robotic Exoskeletons
Prominent Factors with Positive Cascading Effect on Robotic Exoskeletons Market
High Adoption in Medical & Military Applications
Technological Advances to Drive Growth
Select Innovations & Advancements
Analysis by End-Use: Healthcare Remains Primary Segment
World Exoskeleton Robots Market by End-Use (2020 & 2027): Percentage Breakdown of Revenues for Healthcare, Industrial, and Other End-Uses
Regional Analysis: North America Remains the Most Lucrative Market
World Exoskeleton Robots Market by Region (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
Global Exoskeleton Robots Market: Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, Rest of World, USA, Europe, Canada, and Japan
Competitive Scenario
Budding Market for Robotic Exoskeletons Marked by Fierce Competition
Recent Market Activity
Exoskeleton Robots Competitor Market Share Scenario Worldwide (in %): 2020(E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Healthcare Sector Steers Momentum in the Exoskeleton Robots Market
Rehabilitation Exoskeleton Robots Set to Make Big Gains
Exoskeleton Robots Helping Paraplegics to Walk Again
Recent Exoskeleton Advancements for Delivering Enhanced Mobility Therapy
Increasing Incidence of Neurological, Musculoskeletal and Chronic Medical Conditions to Steer Adoption
Global Osteoporosis Prevalence: Number of People with Osteoporosis in Millions by Select Country/Region for 2012 and 2022P
Percentage (%) of Women Affected by Osteoporosis
Importance of Physical Therapy for Stroke Survivors Bodes Well
Select Arm and Hand Robotic Devices
Select Leg and Foot Robotic Devices
Rising Incidence of Physical Disabilities Steers Importance of Rehabilitation Robots
Percentage of Population with Disabilities by Age Group
Growing Geriatric Population & Parallel Increase in Prevalence of Age-Related Conditions: Strong Business Case for Rehabilitation Exoskeleton Robots
Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
Rising Care Costs & Shortage of Home Care Workers for Disabled and Elderly Turn Focus onto Rehabilitation Robots
Annual Cost of Full-Time Home Health Aide (in $) in the US for 2004-2019
Long-term Care Workers in the US: Percentage Breakdown of Workforce by Type for 2020
Resolving Prevailing Issues & Challenges: Critical for Future Success of Rehabilitation Exoskeleton Robots
Exoskeleton Robots Poised to Transform Industrial Sector
Industrial Exoskeleton Robots Promise Increased Worker Productivity & Reduced Workplace Injuries
Current Trends in Industrial Automation & Industry 4.0 Favor Uptake
Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
As Defense Departments Lean towards Advanced Technologies, Opportunities Galore for Military Exoskeleton Robots
Global Defense Budget (In US$ Billion) for the Years 2019, 2021 and 2023
New Range of Military Exoskeletons Come to the Fore to Address Stringent Requirements of Infantry Squads
Emphasis on Soldier Protection & Strengthening Infantry Capabilities Widen the Business Case
Global Active Ready-to-Fight Military Manpower (In 000s) by Country
Exoskeleton Robots Augment Military Wearable Technology
AI Steps into Reinforce Military Exoskeleton Robots
US Marines to Test Real-Life Exoskeleton Robots
Construction Sector: A Niche Domain for Exoskeleton Robots
Smart Exoskeleton Market Poised to Witness Robust Growth
Smart Textiles to Play an Important Role in the Development of Smart Exoskeletons
Global Smart Textile Market (In US$ Billion) for Years
Ongoing Research Efforts to Open New Avenues
Lack of Standards Holding Back Exoskeleton Adoption

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/lh1isz

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets