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Global Wearable Robotic Exoskeleton Market Research Report: Forecast (2021-2026)

  • ID: 5439592
  • Report
  • May 2021
  • Region: Global
  • 242 pages
  • MarkNtel Advisors LLP

FEATURED COMPANIES

  • ATOUN Inc.
  • Cyberdyne Inc.
  • Ekso Bionics
  • Hocoma AG
  • Hyundai Motor Company
  • Myomo Inc.

Market Overview


Wearable Robotic exoskeletons is a device developed to enhance the physical performance of an individual or provide locomotion assistance.

According to the publisher's research report, Global Wearable Robotic Exoskeleton Market Analysis, 2021, the market is likely to grow at a CAGR of around 42% during 2021-26 due to the surging demand for robotic assistance and therapeutic applications in patients suffering from neurological & musculoskeletal disorders.

Further, the rapidly growing robotics industry, mounting technological advancements, and surging extensive programs for launching more efficient & durable exoskeleton technologies further boost the Wearable Robotic Exoskeleton market growth.

Impact of COVID-19


The lockdown imposed in the wake of the COVID-19 pandemic has surged the wearable robotic exoskeleton market to a standstill position. Temporary shutdown of production units, decreasing number of skilled trainers, and suspension of training sessions disrupted amidst the spread of coronavirus pandemic. However, as governments worldwide have given relaxations for resuming business activities, the Wearable Robotics Exoskeleton market is likely to grow steadily in the forecast period.

Market Segmentation


Industrial Segment Accounted for the Largest Market Share


Based on the End-User, the market bifurcates into Defense, Healthcare, Industrial, and Commercial. Among these segments, the Industrial acquired the largest share in the Global Wearable Robotic Exoskeleton market in the previous year. Exoskeletons offer an innovative way to integrate robotics and humans and are designed to assist the manufacturing process in the industry, protect the human body from excessive strain, provide safety, and assist in heavy lifting tasks. Thus, the segment contributes to the overall market growth, reveals the author in their research report, Global Wearable Robotic Exoskeleton Market Analysis, 2021.

Active Exoskeleton Held the Largest Market Share


Based on the operation, the market segments into Active Exoskeleton and Passive Exoskeleton. In the previous year, Active Exoskeleton attained the highest share in the Global Wearable Robotic Exoskeleton Market. It can shift heavy loads, and hence, it is most preferred in industries, thereby augmenting mobility with minimum fatigue. Further, it has its wide applications in the armed forces for moving long distances in uneven terrains or tall buildings. Thus, the demand for Active Exoskeleton is high as compared to Passive Exoskeleton.

Regional Landscape


North America Dominated the Market


Geographically, North America held the largest share in the Global Wearable Robotic Exoskeleton Market in the previous year as most market players are present in the region. In addition to this, rapid adoption of technologically advanced devices coupled with massive disposable income aids the growth of the wearable robotic exoskeleton market. Further, the surge in research and development activities to develop more technologically advanced and efficient products will fuel market growth in the coming future.

Market Driver


Surging Adoption of Exoskeleton by Healthcare Segment


The demand for exoskeleton is rapidly increasing in the healthcare industry to provide rehabilitation assistance for treatment purposes. Also, due to rising prevalence of inborn physical disabilities and vehicle accidents results in increasing the demand for the wearable robotic exoskeleton. Further, the development of a lightweight exoskeleton helps in assisting the elderly and infant populace.

Competitive Landscape


According to the publishers, the major leading players in the global Wearable Robotic Exoskeleton market 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., and Rex Bionics PLC.

Key Questions Answered in the Market Research Report:


1. What are the overall market statistics or estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of the Global Wearable Robotic Exoskeleton Market?
2. What are the region-wise industry size, growth drivers, and challenges?
3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Wearable Robotic Exoskeleton Market?
4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Wearable Robotic Exoskeleton Market based on a competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the Global Wearable Robotic Exoskeleton Market study?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ATOUN Inc.
  • Cyberdyne Inc.
  • Ekso Bionics
  • Hocoma AG
  • Hyundai Motor Company
  • Myomo Inc.
1. Introduction
1.1. Research Process
1.2. Assumption
1.3. Market Segmentation
1.4. Market Definition

2. Executive Summary

3. Expert Verbatim- What our Experts Say?

4. Impact of IOT, AI, IR & VR on Global Wearable Robotic Exoskeleton Market

5. Material Advancements in Global Wearable Robotic Exoskeleton Market

6. Global Wearable Robotic Exoskeleton Market Start-up Ecosystem, 2016-2021
6.1. Entrepreneurial Activity
6.2. Year On Year Funding Received
6.3. Funding Received by Top Companies
6.4. Key Investors Active in the Market
6.5. Series Wise Funding Received

7. Global Wearable Robotic Exoskeleton Market Value Chain Analysis

8. Global Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
8.1. Market Size and Analysis
8.2. Market Share and Analysis

9. North America Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
9.1. Market Size and Analysis
9.2. Market Share and Analysis
9.3. The US Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
9.4. Canada Wearable Robotic Exoskeleton Market Outlook, 2016-2026F

10. South America Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
10.1. Market Size and Analysis
10.2. Market Share and Analysis
10.3. Brazil Wearable Robotic Exoskeleton Market Outlook, 2016-2026F

11. Europe Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
11.1. Market Size and Analysis
11.2. Market Share and Analysis
11.3. Germany Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
11.4. France Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
11.5. UK Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
11.6. Russia Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
11.7. Rest of Europe Wearable Robotic Exoskeleton Market Outlook, 2016-2026F

12. Middle East & Africa Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
12.1. Market Size and Analysis
12.2. Market Share and Analysis
12.3. UAE Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
12.4. Israel Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
12.5. Rest of Middle East & Africa Wearable Robotic Exoskeleton Market Outlook, 2016-2026F

13. Asia-Pacific Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
13.1. Market Size and Analysis
13.2. Market Share and Analysis
13.3. China Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
13.4. India Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
13.5. Japan Wearable Robotic Exoskeleton Market Outlook, 2016-2026F
13.6. Rest of Asia Pacific Wearable Robotic Exoskeleton Market Outlook, 2016-2026F

14. Global Wearable Robotic Exoskeleton Market Policies, Regulations, Technology Standards

15. Global Wearable Robotic Exoskeleton Market Trends & Insights

16. Global Wearable Robotic Exoskeleton Market Dynamics
16.1. Growth Drivers
16.2. Challenges
16.3. Impact Analysis

17. Global Wearable Robotic Exoskeleton Market Hotspot and Opportunities

18. Global Wearable Robotic Exoskeleton Market Key Strategic Imperatives for Success and Growth

19. Competitive Outlook
19.1. Competition Matrix
19.2. Company Profiles (Business Description, Technology Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)

20. Disclaimer


Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • 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
Note: Product cover images may vary from those shown
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