Wearable Robotic Exoskeleton Market - 1-3 USERS:2021

Wearable Robotic Exoskeleton Market - 1-3 USERS:2021

Wearable Robotic Exoskeleton Market – A Global and Regional Analysis: Focus on Component, End User, Application, and Operation - Analysis and Forecast, 2021-2031

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Details

Market Report Coverage :
Start Year : 2021 - Forecast Year : 2031 - Start Value : $523.1 Million in 2021 - Forecast Value : $8,841.6 Million by 2031 - CAGR % : 0.33%
Description :
Key Questions Answered in this Report:

• What are the futuristic trends in this market, and how is the market expected to change over the forecast years 2021-2031?
• What are the key drivers and challenges faced by the companies that are currently operating in the wearable robotic exoskeleton market?
• How is the market expected to grow during the forecast period 2021-2031?
• What are the opportunities for the companies to expand their businesses in the wearable robotic exoskeleton market?
• Which region is expected to lead the wearable robotic exoskeleton market by 2031?
• What are the key developmental strategies implemented by the key players to sustain in this highly competitive market?
• What is the current and future revenue scenario of this market?

Global Wearable Robotic Exoskeleton Market Forecast, 2021-2031

The global wearable robotic exoskeleton industry analysis by BIS Research projects the market to have a significant growth rate of 32.68% based on the value and a growth rate of 34.01% based on volume during the forecast period 2021-2031. The North America region is expected to dominate the market by 2031 with a share of 38.20%. The North America region includes the U.S. and Canada, where the U.S. is expected to acquire a major share in 2031 due to the increase in the investment by the exoskeleton manufacturing companies in the country.

The wearable robotic exoskeleton market has gained huge importance in the past few years. This is due to the rising geriatric population across the globe and increasing awareness about exoskeletons among the end users. Several government agencies, non-profit organizations, and associations have started investing in the market, thereby generating a lucrative market for new players.

Scope of the Global Wearable Robotic Exoskeleton Market

The global wearable robotic exoskeleton market research provides the market information for segmentations, such as end user based on application and components in terms of hardware and software. The market analysis examines the global wearable robotic exoskeleton market outlook in terms of the trends, driving forces, opportunities, technological advancements, and competitive benchmarking, among others.

The report further takes into consideration the market and business dynamics, along with the detailed product contribution of the key players operating in the market.

Global Wearable Robotic Exoskeleton Market Segmentation

The report constitutes an extensive study of the wearable robotics industry. The report largely focuses on providing market information for the wearable robotic exoskeletons covering various segments, namely, end user, application, sales model, component, type, form, and region. The end user segment is classified as healthcare, industrial, defense and commercial, operations include active exoskeleton and passive exoskeleton, position include fixed and mobile exoskeleton. A brief description of soft exoskeletons and hard exoskeletons along with their market potential, is also explained in the report.

The global wearable robotic exoskeleton market is segregated by region under four major regions, namely, North America, Europe, APAC, and Rest-of-the-World. Data for each of these regions (by country) has been provided in the report.

Key Companies in the Global Wearable Robotic Exoskeleton Market

The key players in the global wearable robotic exoskeleton market include ATOUN Inc., B-Temia Inc., Bionik Laboratories Corporation, Cyberdyne Inc., Daiya Industry Co., Ltd., Ekso Bionics Holdings, Inc., Focal Meditech BV, Hocoma AG, Hyundai Motor, Honda Motor Co., Ltd., Lockheed Martin Corporation, Mitsubishi Heavy Industries Ltd., Myomo Inc., P&S Mechanics Co. Ltd., Parker Hannifin Corporation, ReWalk Robotics Ltd., and Rex Bionics PLC.
Countries Covered :
North America
U.S.
Canada
Europe
France
Russia
U.K.
Germany
Rest-of-Europe
Asia-Pacific
China
India
Japan
Rest-of-Asia-Pacific
Rest-of-the-Word
Africa
Latin America
Middle East
Keywords :
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Press Release :
The global wearable robotic exoskeleton market value is projected to reach $8,841.6 million by 2031 in terms of value and 122,166 units in terms of volume, reveals the premium market intelligence study by BIS Research. The study also highlights that the market value is set to witness a CAGR of 32.68% in terms of value and 34.01% growth rate in terms of volume between 2021 and 2031.

The comprehensive research study of the global wearable robotic exoskeleton market covers the following:

• extensive analysis of market share and competitive benchmarking of key players
• elaborated sections focused on different types of applications and products
• company profiling for more than 17 companies
• detailed global and regional market share analysis including the scrutiny of more than ten countries

The report encompasses market drivers, challenges, opportunities, competition mapping, benchmarking, and segmental analysis of regions.

BIS Research study indicates that the increasing geriatric population across the globe, rising labor cost, and budget allocation toward rehabilitation facilities across the globe are expected to support market opportunities.

Along with the drivers, the study highlights the opportunities for the market, such as the increasing rehabilitation opportunities across the globe, rising interest of insurance agencies in healthcare exoskeletons, investment done by government and other research organizations toward developing full body exoskeleton for military purpose.

To gain a holistic view of the market, data from various segments has been analyzed. These segments include end user, actuation, position, operation, form, application, component, sales channel, limb, and region. The segments are further categorized into sub-segments to get an in-depth analysis of the study.

Nilopal Ojha, Lead Analyst – BIS Research, states, "The global wearable robotic exoskeleton market is bound to grow in the next decade owing to the increase in investments done by major industry players, like Lockheed Martin, Raytheon Technologies, MHI, along with other government players. Establishment of various start-ups across the globe demonstrating strong technological capabilities in their existing product offerings is expected to generate market competitiveness in coming years. Various research papers and test results released by major companies and research and development organizations stating increased efficiency in work and rehabilitation therapy by at least 40% to 60% through the integration of exoskeletons are further anticipated to support market growth in coming years.”

Key insights and data triangulation are done from in-depth interviews with leaders of the leading companies and market participants. The key players profiled in the report include ATOUN Inc., B-Temia Inc., Bionik Laboratories Corporation, Cyberdyne Inc., Daiya Industry Co., Ltd., Ekso Bionics Holdings, Inc., Focal Meditech BV, Hocoma AG, Hyundai Motor, Honda Motor Co., Ltd., Lockheed Martin Corporation, Mitsubishi Heavy Industries Ltd., Myomo Inc., P&S Mechanics Co. Ltd., Parker Hannifin Corporation, ReWalk Robotics Ltd., and Rex Bionics PLC.

The report also offers strategic recommendations that can help the companies to track various trends, technologies, and products that are changing the market dynamics. The recommendations by BIS Research offer bespoke research services to help companies meet their objectives.

Who should buy this report?

• Manufacturers and suppliers of wearable robotic exoskeleton equipment
• Companies that are focused on developing and providing wearable robotic exoskeletons
• Emerging start-ups, government agencies, and insurance agencies that are tracking the development of wearable robotic exoskeletons
• Private investors that are interested in entering the wearable robotic exoskeleton industry
• Software providers and hardware suppliers like actuation systems, sensors, controllers, and power sources, among others
• Software developers, planning for business expansion in healthcare and rehabilitation domain

How can market intelligence on wearable robotic exoskeleton add value to an organization’s decision-making process?

• Help in analyzing technological substitutes and future trends
• Aid in targeting a segment for product launch
• Help in making the strategies required for the market
• Help in understanding the geographical scenario of the market
• Aid in analyzing the competitors’ strengths and weaknesses
• Assist in exploring new products
• Help in understanding the growth of each domain
• Assist in taking strategic decisions like investments, collaborations, and acquisitions

Insightful Questions Covered to Enable Companies to take Strategic Decisions

• What are the futuristic trends in this market, and how is the market expected to change over the forecast years 2021-2031?
• What are the key drivers and challenges faced by the companies that are currently operating in the wearable robotic exoskeleton market?
• How is the market expected to grow during the forecast period 2021-2031?
• What are the opportunities for the companies to expand their businesses in the wearable robotic exoskeleton market?
• Which region is expected to lead the wearable robotic exoskeleton market by 2031?
• What are the key developmental strategies implemented by the key players to sustain in this highly competitive market?
• What is the current and future revenue scenario of this market?
Companies Mentioned :
ATOUN Inc.
B-Temia Inc.
Bionik Laboratories Corporation
Cyberdyne Inc.
Daiya Industry Co., Ltd.
Ekso Bionics
Focal Meditech BV
Hocoma AG
Hyundai Motor Company
Honda Motor Co., Ltd.
Lockheed Martin
Mitsubishi Heavy Industries Ltd.
Myomo Inc.
P&S Mechanics Co. Ltd.
Parker Hannifin Corporation
ReWalk Robotics Ltd.
Rex Bionics PLC
Press Release :
The global wearable robotic exoskeleton market value is projected to reach $8,841.6 million by 2031 in terms of value and 122,166 units in terms of volume, reveals the premium market intelligence study by BIS Research. The study also highlights that the market value is set to witness a CAGR of 32.68% in terms of value and 34.01% growth rate in terms of volume between 2021 and 2031.

The comprehensive research study of the global wearable robotic exoskeleton market covers the following:

• extensive analysis of market share and competitive benchmarking of key players
• elaborated sections focused on different types of applications and products
• company profiling for more than 17 companies
• detailed global and regional market share analysis including the scrutiny of more than ten countries

The report encompasses market drivers, challenges, opportunities, competition mapping, benchmarking, and segmental analysis of regions.

BIS Research study indicates that the increasing geriatric population across the globe, rising labor cost, and budget allocation toward rehabilitation facilities across the globe are expected to support market opportunities.

Along with the drivers, the study highlights the opportunities for the market, such as the increasing rehabilitation opportunities across the globe, rising interest of insurance agencies in healthcare exoskeletons, investment done by government and other research organizations toward developing full body exoskeleton for military purpose.

To gain a holistic view of the market, data from various segments has been analyzed. These segments include end user, actuation, position, operation, form, application, component, sales channel, limb, and region. The segments are further categorized into sub-segments to get an in-depth analysis of the study.

Nilopal Ojha, Lead Analyst – BIS Research, states, "The global wearable robotic exoskeleton market is bound to grow in the next decade owing to the increase in investments done by major industry players, like Lockheed Martin, Raytheon Technologies, MHI, along with other government players. Establishment of various start-ups across the globe demonstrating strong technological capabilities in their existing product offerings is expected to generate market competitiveness in coming years. Various research papers and test results released by major companies and research and development organizations stating increased efficiency in work and rehabilitation therapy by at least 40% to 60% through the integration of exoskeletons are further anticipated to support market growth in coming years.”

Key insights and data triangulation are done from in-depth interviews with leaders of the leading companies and market participants. The key players profiled in the report include ATOUN Inc., B-Temia Inc., Bionik Laboratories Corporation, Cyberdyne Inc., Daiya Industry Co., Ltd., Ekso Bionics Holdings, Inc., Focal Meditech BV, Hocoma AG, Hyundai Motor, Honda Motor Co., Ltd., Lockheed Martin Corporation, Mitsubishi Heavy Industries Ltd., Myomo Inc., P&S Mechanics Co. Ltd., Parker Hannifin Corporation, ReWalk Robotics Ltd., and Rex Bionics PLC.

The report also offers strategic recommendations that can help the companies to track various trends, technologies, and products that are changing the market dynamics. The recommendations by BIS Research offer bespoke research services to help companies meet their objectives.

Who should buy this report?

• Manufacturers and suppliers of wearable robotic exoskeleton equipment
• Companies that are focused on developing and providing wearable robotic exoskeletons
• Emerging start-ups, government agencies, and insurance agencies that are tracking the development of wearable robotic exoskeletons
• Private investors that are interested in entering the wearable robotic exoskeleton industry
• Software providers and hardware suppliers like actuation systems, sensors, controllers, and power sources, among others
• Software developers, planning for business expansion in healthcare and rehabilitation domain

How can market intelligence on wearable robotic exoskeleton add value to an organization’s decision-making process?

• Help in analyzing technological substitutes and future trends
• Aid in targeting a segment for product launch
• Help in making the strategies required for the market
• Help in understanding the geographical scenario of the market
• Aid in analyzing the competitors’ strengths and weaknesses
• Assist in exploring new products
• Help in understanding the growth of each domain
• Assist in taking strategic decisions like investments, collaborations, and acquisitions

Insightful Questions Covered to Enable Companies to take Strategic Decisions

• What are the futuristic trends in this market, and how is the market expected to change over the forecast years 2021-2031?
• What are the key drivers and challenges faced by the companies that are currently operating in the wearable robotic exoskeleton market?
• How is the market expected to grow during the forecast period 2021-2031?
• What are the opportunities for the companies to expand their businesses in the wearable robotic exoskeleton market?
• Which region is expected to lead the wearable robotic exoskeleton market by 2031?
• What are the key developmental strategies implemented by the key players to sustain in this highly competitive market?
• What is the current and future revenue scenario of this market?
Headline :
Global Wearable Robotic Exoskeleton Market Value to Reach $8,841.6 Million and Volume to Reach 122,166 Units by 2031
Table of Contents :
Please pick up TOC from website URL: https://bisresearch.com/industry-report/wearable-robotic-exoskeleton-market.html

Additional Info

Author BIS Research INC.
Published by BISRESEARCH
Document type Report
Number of pages 234
Keyword Wearable Robotic Exoskeleton Market