"Medical Exoskeleton Market – Industry Trends and Forecast to 2030
Global Medical Exoskeleton Market, By Component (Hardware and Software), Type (Powered Exoskeleton and Passive Exoskeleton), Mobility (Stationary and Mobile), Extremity (Lower Extremity, Upper Extremity, and Full Body) – Industry Trends and Forecast to 2031.
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The global medical exoskeleton market size was valued at USD 450 million in 2023 and is projected to reach USD 894 million by 2031, with a CAGR of 45.3% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
**Segments**
- **Product Type**:
- Powered Exoskeletons
- Passive Exoskeletons
- **Application**:
- Rehabilitation
- Assisted Living
- Mobility Support
- **End-User**:
- Hospitals
- Rehabilitation Centers
- Elderly Care Facilities
The medical exoskeleton market is segmented based on product type, application, and end-user. The product type segment includes powered exoskeletons and passive exoskeletons. Powered exoskeletons are motorized devices that provide assistance to the wearer by augmenting their strength and endurance, while passive exoskeletons are non-motorized devices that provide mechanical support and stability. In terms of applications, medical exoskeletons are used for rehabilitation, assisted living, and mobility support. Rehabilitation centers extensively use exoskeletons to help patients recover from strokes, spinal cord injuries, and other mobility impairments. Moreover, these devices are also employed in assisted living facilities to enhance the quality of life for individuals with physical disabilities. The end-user segment comprises hospitals, rehabilitation centers, and elderly care facilities that utilize medical exoskeletons to improve patient outcomes and enhance the efficiency of care delivery.
**Market Players**
- **Ekso Bionics Holdings, Inc.**: A leading player in the medical exoskeleton market, Ekso Bionics offers a range of exoskeleton products designed for rehabilitation and mobility assistance.
- **ReWalk Robotics**: Known for its innovative exoskeleton technology, ReWalk Robotics provides wearable robotic systems for individuals with spinal cord injuries.
- **CYBERDYNE, INC.**: A pioneer in the field of exoskeleton technology, CYBERDYNE develops advanced robotic exosuits for medical and healthcare applications.
- **Parker Hannifin Corp**: Specializing in motion and control technologies, Parker Hannifin Corp manufactures exoskeleton systems for rehabilitation and assistive purposes.
- **BionThe medical exoskeleton market is a rapidly growing sector driven by technological advancements, increasing prevalence of disabilities, and rising demand for innovative healthcare solutions. Market players such as Ekso Bionics Holdings, ReWalk Robotics, CYBERDYNE, Parker Hannifin Corp, and Bionics are at the forefront of developing cutting-edge exoskeleton technologies to address the diverse needs of patients across various medical settings. These companies are investing in research and development to enhance the performance, efficiency, and usability of medical exoskeletons, thereby expanding their market presence and catering to a broader customer base.
Ekso Bionics Holdings, Inc. is renowned for its comprehensive portfolio of exoskeleton products tailored for rehabilitation and mobility assistance. By focusing on user-centric design and advanced engineering techniques, Ekso Bionics has established itself as a key player in the medical exoskeleton market. Their products are widely used in rehabilitation centers and hospitals to facilitate the recovery process for patients with neurological disorders and musculoskeletal injuries.
ReWalk Robotics has gained recognition for its groundbreaking exoskeleton technology that enables individuals with spinal cord injuries to regain mobility and independence. The company's wearable robotic systems have showcased remarkable outcomes in improving the quality of life for patients with mobility impairments, opening up new opportunities for enhanced rehabilitation and mobility support.
CYBERDYNE, INC. stands out as a pioneer in developing advanced robotic exosuits for medical and healthcare applications. Leveraging state-of-the-art technology and scientific expertise, CYBERDYNE has revolutionized the field of exoskeletons by introducing innovative solutions that cater to the evolving needs of the healthcare industry. Their exoskeleton systems are designed to enhance patient outcomes, promote rehabilitation efficiency, and support elderly care initiatives.
Parker Hannifin Corp specializes in motion and control technologies, manufacturing exoskeleton systems for rehabilitation and assistive purposes. With a focus on precision engineering and ergonomic design, Parker Hannifin Corp offers a diverse range of exoskeleton products**Global Medical Exoskeleton Market**
- **Component**:
- Hardware
- Software
- **Type**:
- Powered Exoskeleton
- Passive Exoskeleton
- **Mobility**:
- Stationary
- Mobile
- **Extremity**:
- Lower Extremity
- Upper Extremity
- Full Body
The global medical exoskeleton market is witnessing significant growth propelled by advancements in technology, increasing prevalence of disabilities, and the growing demand for innovative healthcare solutions. The market players such as Ekso Bionics Holdings, ReWalk Robotics, CYBERDYNE, Parker Hannifin Corp, and Bionics are spearheading the development of cutting-edge exoskeleton technologies to meet the diverse needs of patients in various medical settings. These companies are heavily investing in research and development to enhance the performance, efficiency, and usability of medical exoskeletons, thereby expanding their market presence and catering to a broader customer base.
Ekso Bionics Holdings, Inc. has established itself as a key player in the market with its wide array of exoskeleton products specifically designed for rehabilitation and mobility assistance. Their user-centric design approach and advanced engineering techniques have propelled them to the forefront in the medical exoskeleton market, with their products being extensively used in rehabilitation centers and hospitals to aid in the recovery process for patients with neurological disorders and musculoskeletal injuries.
ReWalk Robotics is recognized for its revolutionary
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Medical Exoskeleton Market Landscape
Part 04: Global Medical Exoskeleton Market Sizing
Part 05: Global Medical Exoskeleton Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Medical Exoskeleton Key Benefits over Global Competitors:
- The report provides a qualitative and quantitative analysis of the Medical Exoskeleton Market trends, forecasts, and market size to determine new opportunities.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- Top impacting factors & major investment pockets are highlighted in the research.
- The major countries in each region are analyzed and their revenue contribution is mentioned.
- The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients
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