Exoskeleton Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2026

The report on the global exoskeleton market provides qualitative and quantitative analysis for the period from 2018 to 2026. The report predicts the global exoskeleton market to grow with a CAGR of 36.2% over the forecast period from 2020-2026. The study on exoskeleton market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2018 to 2026.

The report on exoskeleton market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global exoskeleton market over the period of 2018 to 2026. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global exoskeleton market over the period of 2018 to 2026. Further, the Growth Matrix given in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

• Rising prevalence of parkinson’s and other muscle-related diseases, multiple sclerosis, and strokes globally
• Increasing aging population and high purchasing power of patients will increase the demand for exoskeleton

2) Restraints

• High cost involved in the production which increases the overall product cost

3) Opportunities

• Recent technological advancements and continuous investment in R&D to reduce the overall weight and relieve movement

Research Methodology

A) Primary Research
The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry

The primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global exoskeleton market is segmented on the basis of component, type, mobility, body part, and vertical.

The Global Exoskeleton Market by Component

• Hardware
• Software

The Global Exoskeleton Market by Type

• Powered
• Passive

The Global Exoskeleton Market by Mobility

• Stationary
• Mobile

The Global Exoskeleton Market by Body Part

• Lower Extremities
• Upper Extremities
• Full Body

The Global Exoskeleton Market by Vertical

• Healthcare
• Industrial
• Defense
• Others

Company Profiles
The companies covered in the report include

• Ekso Bionics
• CYBERDYNE, INC.
• Ottobock
• Fourier Intelligence
• GOGOA Mobility Robots
• ReWalk Robotics Ltd.
• Lockheed Martin Corporation
• Parker Hannifin Corp.
• MITSUBISHI HEAVY INDUSTRIES
• Bionik Laboratories

What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the exoskeleton market.
2. Complete coverage of all the segments in the exoskeleton market to analyze the trends, developments in the global market and forecast of market size up to 2026.
3. Comprehensive analysis of the companies operating in the global exoskeleton market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

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