Emergen Research has recently published a detailed report on the global Medical Exoskeleton market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Medical Exoskeleton market through verified and validated data curated to offer accurate insights. The report also offers a region wise and country wise analysis of the Medical Exoskeleton market and contains a detailed analysis of the key elements influencing the growth of the market in the region. The research study also contains historical, current, and forecast estimations for each sector, segment, sub-segment, and regions. A business seeking new sources of income will find this research quite helpful in gaining a comprehensive understanding of the market and its dynamics. It is also useful for companies seeking new markets to enter or expand their current operations.
The global medical exoskeleton market size is expected to reach USD 6.25 Billion at a steady revenue CAGR of 45.0% in 2030, according to the latest analysis by Emergen Research. Large investments in the development of exoskeleton technology is driving revenue growth of the medical exoskeletons market. For instance, exoskeleton developer Wandercraft secured USD 45 million in Series C funding. Wandercraft is situated in Paris. The cash will be used by the business to develop and market a personal exoskeleton for use in the outdoors and at home, as well as hasten the introduction of Wandercraft's Atalante rehabilitation exoskeleton in the U.S. Atalante is a lower-body exoskeleton that can balance itself and mimics how individuals walk. In 2017, the business started the exoskeleton's clinical trials. In 2019, many drugs received Conformité Européene (CE) marking. With the use of the company's hands-free function, the exoskeleton is made to enable the wearer to move their upper body and torso without restriction. Exoskeletons are used to help physical therapy patients move more quickly and comfortably.
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Recent years have seen rapid developments in the information and communication technology sector, with the industry projected to grow substantially in revenue over the next five years. ICT industry technology advancements, increasing adoption of advanced and latest devices, an increasing number of consumers using these devices, and high internet penetration worldwide are expected to drive global market revenue growth throughout the forecast period. The global market is expected to grow as a result of factors such as a growing risk of data leakage, an increasing use of advanced technologies like artificial intelligence (AI), the Internet of Things, and cloud services to manage large amounts of data, as well as a growing investment in research and development activities for developing advanced devices and solutions.
Market Overview:
The report bifurcates the Medical Exoskeleton market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Research Report on the Medical Exoskeleton Market Addresses the Following Key Questions:
- Who are the dominant players of the Medical Exoskeleton market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Medical Exoskeleton market?
- What are the key growth drivers and restraining factors of the Medical Exoskeleton market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Medical Exoskeleton market and its key segments?
Key Players Profiled in the Report are:
Cyberdyne Inc., Ekso Bionics, ReWalk Robotics, Bionik, Rex Bionics Ltd., Parker Hannifin Corp., B-Temia, Bioventus, Hocoma, and Wearable Robotics srl
Furthermore, the report provides a comprehensive overview of the Medical Exoskeleton market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Medical Exoskeleton market expected to boost the growth of the industry in the coming years.
Segments Covered in this report are:
-
Component Outlook (Revenue, USD Million; 2019–2030)
- Hardware
- Sensors
- Gyroscopes
- Microphones
- Accelerometers
- Tilt Sensors
- Force/Torque Sensors
- Position Sensors
- Others
- Actuators
- Electrical
- Pneumatic
- Hydraulic
- Piezoelectric
- Power Sources
- Control Systems/Controllers
- Others
- Software
-
Type Outlook (Revenue, USD Million; 2019–2030)
- Powered
- Passive
-
Extremity Outlook (Revenue, USD Million; 2019–2030)
- Lower Extremity
- Upper Extremity
- Full Body
Regional Outlook of the Medical Exoskeleton Market
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Emergen Research study is for everybody needing commercial analyses for the Medical Exoskeleton Market, market-leading companies. You will find data, trends and predictions.
Key Questions Answered in the Report:
- What is the growth rate of the Medical Exoskeleton market? What is the anticipated market valuation of Medical Exoskeleton industry?
- What are the key growth driving and restraining factors of the Medical Exoskeleton market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Medical Exoskeleton industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
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