Wearable Robotic Exoskeleton Market Projections: Size and Share Trends from 2021-26

Global Wearable Robotic Exoskeleton Market Overview and Insights:

According to MarkNtel Advisors Report, the Global Wearable Robotic Exoskeleton Market projected to grow at a CAGR of around 42% during the forecast period, i.e., 2021-26.

Wearable Robotic Exoskeleton Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Time Period Captured in the Report:

Historical Years: 2016-19

Base Years: 2020

Forecast Years: 2021-26

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Key Trend in the Global Wearable Robotic Exoskeleton Market:

Rapid Integration of Smart Technologies into Robotic Exoskeletons - Robotic exoskeletons are experiencing immense popularity in various industries worldwide to yield enhanced technical capabilities. Moreover, the integration of interactive technologies like the Internet of Things (IoT) & Artificial Intelligence (AI) into these devices is significantly benefiting the logistics, medical, & engineering sectors in terms of both capability & productivity. The need for real-time information of human physiological data, including breathing rate, is another crucial aspect fueling the demand for modifying & optimizing wearable robotic exoskeletons using different technologies.

Who are the Key Players Operating in the Wearable Robotic Exoskeleton Industry?

The top companies of the Wearable Robotic Exoskeleton market ruling the industry are:

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

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What is Included in Wearable Robotic Exoskeleton Market Segmentation?

The report has segmented the market into the following categories:

-By Form

Hard Exoskeleton
Soft Exoskeleton

Here, the demand for Soft Exoskeletons is expected to experience the fastest growth during the forecast period. New & innovative materials are being used to manufacture soft exoskeletons to offer more comfort to users. These exoskeletons hold the largest revenue share in the healthcare industry, owing to their mounting adoption among disabled individuals or by those suffering from neurological disorders since they assist them in walking & making movements. Hence, the growing prevalence of people with disabilities has been significantly contributing to the burgeoning demand for soft exoskeletons worldwide.

-By Type

Fixed Exoskeleton
Mobile Exoskeleton

-By Operation

Active Exoskeleton
Passive Exoskeleton

-By Form

Hard Exoskeleton
Soft Exoskeleton

-By Limb

Upper Limb
Lower Limb
Full Body

-By Sales Channel

Subscription
Direct Purchase
Resell and Upgrade

-By Component

Hardware
Software

-By End User

Defence
Healthcare
Industrial
Commercial

Geographical Analysis:

-By Region

North America
South America
Europe
Middle East & Africa
Asia-Pacific

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