Global medical exoskeletons market will reach $9.59 billion by 2032, growing by 33.1% annually over 2022-2032, driven by the increasing number of people with physical disabilities and subsequent growth in the demand for effective rehabilitation approaches, the rising collaborations among vendors for the technological development, and the increasing insurance coverage for medical exoskeletons. The annual sales volume is expected to grow by 43.2% annually over the forecast period.
Highlighted with 100 tables and 136 figures, this 230-page report "Global Medical Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Mobility (Mobile, Stationary, Tethered), Power (Active/Powered, Passive), Structure (Rigid, Soft), Application (Rehabilitation, Mobility Aid, Others), and Region: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire global medical exoskeletons market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global medical exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Mobility, Power, Structure, Application, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Sensors
o Actuators
o Power Sources
o Controllers
o Other Hardware
• Software
• Service
Based on Function, the global market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Upper Body Exoskeletons
• Lower Body Exoskeletons
• Full Body Exoskeletons
By Mobility, the global market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Mobile Exoskeletons
• Stationary Exoskeletons
• Tethered Exoskeletons
By Power, the global market is segmented into the following sub-markets with annual revenue ($ mn) volume (units) for 2022-2032 included in each section.
• Active/Powered Exoskeletons
o Electric Actuator
o Pneumatic Actuator
o Hydraulic Actuator
o Mechanical Actuator
o Other Types
• Passive Exoskeletons
By Structure, the global market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Rigid Exoskeletons
• Soft Exoskeletons
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Rehabilitation
• Mobility Aid
• Other Applications
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Israel, Saudi Arabia, South Africa, and Rest of MEA)
For each region and country, detailed analysis and data of annual revenue ($ mn) and sales volume (units) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market by Function, Mobility, and Application over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
AlterG Inc.
Atoun Inc.
Axosuits SRL
Bionik Laboratiories Corp.
B-Temia Inc.
Cyberdyne Inc.
DIH Technologies Corporation
Ekso Bionics Holdings Inc.
Gogoa Mobility Robots SL
Hocoma AG
Honda Motor Co., Ltd.
Innophys Co., Ltd.
Japet Medical Devices
Lockheed Martin Corp.
Marsi Bionics, S.L.
Myomo Inc.
Panasonic Holdings Corp.
Parker-Hannifin Corp.
ReWalk Robotics Inc.
Rex Bionics Ltd.
US Bionics Inc. (Suitx)
Wearable Robotics SRL
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 12
1.1 Industry Definition and Research Scope 12
1.1.1 Industry Definition 12
1.1.2 Research Scope 14
1.2 Research Methodology 17
1.2.1 Overview of Market Research Methodology 17
1.2.2 Market Assumption 18
1.2.3 Secondary Data 18
1.2.4 Primary Data 18
1.2.5 Data Filtration and Model Design 19
1.2.6 Market Size/Share Estimation 20
1.2.7 Research Limitations 21
1.3 Executive Summary 22
2 Market Overview and Dynamics 25
2.1 Market Size and Forecast 25
2.1.1 Impact of COVID-19 on World Economy 28
2.1.2 Impact of COVID-19 on the Market 31
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 33
2.2 Major Growth Drivers 37
2.3 Market Restraints and Challenges 43
2.4 Emerging Opportunities and Market Trends 46
2.5 Porter's Fiver Forces Analysis 50
3 Segmentation of Global Market by Offering 54
3.1 Market Overview by Offering 54
3.2 Hardware 56
3.2.1 Sensors 57
3.2.2 Actuators 58
3.2.3 Power Sources 59
3.2.4 Controllers 60
3.2.5 Other Hardware 61
3.3 Software 62
3.4 Services 63
4 Segmentation of Global Market by Function 64
4.1 Market Overview by Function 64
4.2 Upper Body Exoskeletons 68
4.3 Lower Body Exoskeletons 70
4.4 Full Body Exoskeletons 72
5 Segmentation of Global Market by Mobility 74
5.1 Market Overview by Mobility 74
5.2 Mobile Exoskeletons 78
5.3 Stationary Exoskeletons 80
5.4 Tethered Exoskeletons 82
6 Segmentation of Global Market by Power 84
6.1 Market Overview by Power 84
6.2 Active/Powered Exoskeletons 88
6.2.1 Electric Actuator 90
6.2.2 Pneumatic Actuator 91
6.2.3 Hydraulic Actuator 92
6.2.4 Mechanical Actuator 93
6.2.5 Other Types 94
6.3 Passive Exoskeletons 95
7 Segmentation of Global Market by Structure 97
7.1 Market Overview by Structure 97
7.2 Rigid Exoskeletons 101
7.3 Soft Exoskeletons 103
8 Segmentation of Global Market by Application 105
8.1 Market Overview by Application 105
8.2 Rehabilitation 109
8.3 Mobility Aid 111
8.4 Other Applications 113
9 Segmentation of Global Market by Region 115
9.1 Geographic Market Overview 2022-2032 115
9.2 North America Market 2022-2032 by Country 121
9.2.1 Overview of North America Market 121
9.2.2 U.S. 127
9.2.3 Canada 130
9.2.4 Mexico 132
9.3 European Market 2022-2032 by Country 134
9.3.1 Overview of European Market 134
9.3.2 Germany 140
9.3.3 U.K. 142
9.3.4 France 144
9.3.5 Spain 146
9.3.6 Italy 148
9.3.7 Russia 150
9.3.8 Rest of European Market 152
9.4 Asia-Pacific Market 2022-2032 by Country/Region 154
9.4.1 Overview of Asia-Pacific Market 154
9.4.2 Japan 160
9.4.3 China 163
9.4.4 Australia 165
9.4.5 India 167
9.4.6 South Korea 169
9.4.7 Rest of APAC Region 171
9.5 South America Market 2022-2032 by Country 173
9.5.1 Argentina 179
9.5.2 Brazil 181
9.5.3 Chile 183
9.5.4 Rest of South America Market 185
9.6 MEA Market 2022-2032 by Country 186
9.6.1 Israel 192
9.6.2 Saudi Arabia 194
9.6.3 South Africa 196
9.6.4 Other National Markets 198
10 Competitive Landscape 199
10.1 Overview of Key Vendors 199
10.2 New Product Launch, Partnership, Investment, and M&A 204
10.3 Company Profiles 207
AlterG Inc. 207
Atoun Inc. 209
Axosuits SRL 210
Bionik Laboratiories Corp. 211
B-Temia Inc. 212
Cyberdyne Inc. 213
DIH Technologies Corporation 214
Ekso Bionics Holdings Inc. 215
Gogoa Mobility Robots SL 216
Hocoma AG 217
Honda Motor Co., Ltd. 218
Innophys Co., Ltd. 219
Japet Medical Devices 220
Lockheed Martin Corp. 221
Marsi Bionics, S.L. 222
Myomo Inc. 223
Panasonic Holdings Corp. 224
Parker-Hannifin Corp. 225
ReWalk Robotics Inc. 226
Rex Bionics Ltd. 227
US Bionics Inc. (Suitx) 228
Wearable Robotics SRL 229
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