+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Exoskeleton Global Market Insights 2025, Analysis and Forecast to 2030, by Market Participants, Regions, Technology, Application, Product Type

  • PDF Icon

    Report

  • 89 Pages
  • May 2025
  • Region: Global
  • Prof Research
  • ID: 6051827
Exoskeletons are wearable robotic devices that enhance human strength, mobility, or endurance, used in healthcare for rehabilitation, military for load-carrying, and industry for ergonomic support. The market is driven by rising disability rates, an aging population, occupational health needs, and military modernization. Technological advancements, such as AI-driven gait analysis and lightweight materials, improve functionality and affordability. The global exoskeleton market is projected to reach between USD 350 million and USD 600 million in 2025, with a compound annual growth rate (CAGR) of 12.2% to 17.7% through 2030.

Regional Analysis

  • North America: The U.S. leads due to advanced healthcare and military applications, with Canada focusing on rehabilitation.
  • Europe: Germany, France, and the UK drive demand with industrial and medical exoskeletons, supported by ergonomic regulations.
  • Asia Pacific: China and Japan dominate with healthcare and industrial applications, while India expands in affordable rehabilitation devices.
  • Rest of the World: Brazil invests in medical exoskeletons, and the Middle East focuses on military applications.

Application Analysis

  • Healthcare: Expected growth of 12.5%-18.0%, driven by rehabilitation needs. Trends focus on AI-enhanced mobility support.
  • Military: Projected growth of 12.0%-17.5%, linked to soldier augmentation. Developments emphasize load-bearing capacity.
  • Industry: Anticipated growth of 12.3%-17.8%, tied to ergonomic solutions. Advances prioritize lightweight, flexible designs.

Type Analysis

  • Mobile: Expected growth of 12.4%-17.9%, valued for rehabilitation and military use. Trends highlight portable, battery-efficient designs.
  • Fixed/Stationary: Projected growth of 12.0%-17.5%, used in industrial and clinical settings. Advances focus on modular, customizable systems.

Key Market Players

  • Ekso Bionics, specializing in rehabilitation exoskeletons;
  • Hocoma, focusing on medical robotics;
  • ARMASTEC PTE, targeting industrial applications;
  • Lockheed Martin Corporation, innovating in military exoskeletons;
  • Rex Bionics, offering mobility solutions;
  • RB3D, emphasizing ergonomic designs;
  • Suit X, providing lightweight industrial suits;
  • ReWalk Robotics, advancing rehabilitation;
  • Panasonic ActiveLink, focusing on industrial support.
  • Cyberdyne, leading in AI-driven exoskeletons.

Porter's Five Forces Analysis

  • Threat of New Entrants: Moderate, due to high R&D costs and regulatory barriers, though innovative startups can disrupt.
  • Threat of Substitutes: Low, as exoskeletons offer unique functionality for specific applications.
  • Bargaining Power of Buyers: Moderate, with hospitals and industries seeking cost-effective solutions, but specialized needs limit options.
  • Bargaining Power of Suppliers: Moderate, given specialized components like carbon fiber.
  • Competitive Rivalry: High, with firms competing on technology, affordability, and application versatility.

Market Opportunities and Challenges

Opportunities:

  • A global disability population of 1.3 billion, including 80 million needing mobility aids, drives healthcare exoskeleton demand.
  • An aging population, projected to reach 2.1 billion by 2050, increases rehabilitation needs.
  • Industrial exoskeletons address 40% of occupational injuries related to musculoskeletal disorders, with 2.8 million annual workplace injuries.
  • Military budgets, reaching USD 2.2 trillion in 2022, fuel exoskeleton development for soldier enhancement.
  • Technological advancements, like Cyberdyne’s HAL with AI gait analysis, improve functionality by 20%.
  • Emerging markets offer growth potential.

Challenges:

  • High costs, with exoskeletons priced above USD 50,000, limit adoption in developing regions.
  • Regulatory approvals, requiring extensive clinical trials, delay market entry.
  • Limited battery life and bulky designs hinder user adoption.
  • Competition from alternative mobility aids, like wheelchairs, persists in cost-sensitive markets.
  • Lack of trained professionals for exoskeleton operation slows deployment.
  • Market News
  • In December 2022, Ekso Bionics acquired Parker Hannifin’s Indego exoskeleton line, expanding its rehabilitation offerings.
  • In June 2022, CYBERDYNE Inc. formed alliances with LIFESCAPES Inc. and Malaysia’s SOCSO, enhancing rehabilitation access for paralysis patients using HAL technology.

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Exoskeleton Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Exoskeleton Market in North America (2020-2030)
8.1 Exoskeleton Market Size
8.2 Exoskeleton Market by End Use
8.3 Competition by Players/Suppliers
8.4 Exoskeleton Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Exoskeleton Market in South America (2020-2030)
9.1 Exoskeleton Market Size
9.2 Exoskeleton Market by End Use
9.3 Competition by Players/Suppliers
9.4 Exoskeleton Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Exoskeleton Market in Asia & Pacific (2020-2030)
10.1 Exoskeleton Market Size
10.2 Exoskeleton Market by End Use
10.3 Competition by Players/Suppliers
10.4 Exoskeleton Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southeast Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Exoskeleton Market in Europe (2020-2030)
11.1 Exoskeleton Market Size
11.2 Exoskeleton Market by End Use
11.3 Competition by Players/Suppliers
11.4 Exoskeleton Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Exoskeleton Market in MEA (2020-2030)
12.1 Exoskeleton Market Size
12.2 Exoskeleton Market by End Use
12.3 Competition by Players/Suppliers
12.4 Exoskeleton Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Exoskeleton Market (2020-2025)
13.1 Exoskeleton Market Size
13.2 Exoskeleton Market by End Use
13.3 Competition by Players/Suppliers
13.4 Exoskeleton Market Size by Type
Chapter 14 Global Exoskeleton Market Forecast (2025-2030)
14.1 Exoskeleton Market Size Forecast
14.2 Exoskeleton Application Forecast
14.3 Competition by Players/Suppliers
14.4 Exoskeleton Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 Ekso Bionics
15.1.1 Company Profile
15.1.2 Main Business and Exoskeleton Information
15.1.3 SWOT Analysis of Ekso Bionics
15.1.4 Ekso Bionics Exoskeleton Revenue, Gross Margin and Market Share (2020-2025)
15.2 Hocoma
15.2.1 Company Profile
15.2.2 Main Business and Exoskeleton Information
15.2.3 SWOT Analysis of Hocoma
15.2.4 Hocoma Exoskeleton Revenue, Gross Margin and Market Share (2020-2025)
15.3 ARMASTEC PTE
15.3.1 Company Profile
15.3.2 Main Business and Exoskeleton Information
15.3.3 SWOT Analysis of ARMASTEC PTE
15.3.4 ARMASTEC PTE Exoskeleton Revenue, Gross Margin and Market Share (2020-2025)
15.4 Lockheed Martin Corporation
15.4.1 Company Profile
15.4.2 Main Business and Exoskeleton Information
15.4.3 SWOT Analysis of Lockheed Martin Corporation
15.4.4 Lockheed Martin Corporation Exoskeleton Revenue, Gross Margin and Market Share (2020-2025)
15.5 Rex Bionics
15.5.1 Company Profile
15.5.2 Main Business and Exoskeleton Information
15.5.3 SWOT Analysis of Rex Bionics
15.5.4 Rex Bionics Exoskeleton Revenue, Gross Margin and Market Share (2020-2025)
15.6 RB3D
15.6.1 Company Profile
15.6.2 Main Business and Exoskeleton Information
15.6.3 SWOT Analysis of RB3D
15.6.4 RB3D Exoskeleton Revenue, Gross Margin and Market Share (2020-2025)
15.7 Suit X
15.7.1 Company Profile
15.7.2 Main Business and Exoskeleton Information
15.7.3 SWOT Analysis of Suit X
15.7.4 Suit X Exoskeleton Revenue, Gross Margin and Market Share (2020-2025)
15.8 ReWalk Robotics
15.8.1 Company Profile
15.8.2 Main Business and Exoskeleton Information
15.8.3 SWOT Analysis of ReWalk Robotics
15.8.4 ReWalk Robotics Exoskeleton Revenue, Gross Margin and Market Share (2020-2025)
15.9 Panasonic ActiveLink
15.9.1 Company Profile
15.9.2 Main Business and Exoskeleton Information
15.9.3 SWOT Analysis of Panasonic ActiveLink
15.9.4 Panasonic ActiveLink Exoskeleton Revenue, Gross Margin and Market Share (2020-2025)
15.10 Cyberdyne
15.10.1 Company Profile
15.10.2 Main Business and Exoskeleton Information
15.10.3 SWOT Analysis of Cyberdyne
15.10.4 Cyberdyne Exoskeleton Revenue, Gross Margin and Market Share (2020-2025)
15.11 DIH Medical
15.11.1 Company Profile
15.11.2 Main Business and Exoskeleton Information
15.11.3 SWOT Analysis of DIH Medical
15.11.4 DIH Medical Exoskeleton Revenue, Gross Margin and Market Share (2020-2025)
List of Tables and Figures
Table Abbreviation and Acronyms
Table Research Scope of Exoskeleton Report
Table Data Sources of Exoskeleton Report
Table Major Assumptions of Exoskeleton Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Exoskeleton Picture
Table Exoskeleton Classification
Table Exoskeleton Applications
Table Drivers of Exoskeleton Market
Table Restraints of Exoskeleton Market
Table Opportunities of Exoskeleton Market
Table Threats of Exoskeleton Market
Table COVID-19 Impact For Exoskeleton Market
Table Raw Materials Suppliers
Table Different Production Methods of Exoskeleton
Table Cost Structure Analysis of Exoskeleton
Table Key End Users
Table Latest News of Exoskeleton Market
Table Merger and Acquisition
Table Planned/Future Project of Exoskeleton Market
Table Policy of Exoskeleton Market
Table 2020-2030 North America Exoskeleton Market Size
Figure 2020-2030 North America Exoskeleton Market Size and CAGR
Table 2020-2030 North America Exoskeleton Market Size by Application
Table 2020-2025 North America Exoskeleton Key Players Revenue
Table 2020-2025 North America Exoskeleton Key Players Market Share
Table 2020-2030 North America Exoskeleton Market Size by Type
Table 2020-2030 United States Exoskeleton Market Size
Table 2020-2030 Canada Exoskeleton Market Size
Table 2020-2030 Mexico Exoskeleton Market Size
Table 2020-2030 South America Exoskeleton Market Size
Figure 2020-2030 South America Exoskeleton Market Size and CAGR
Table 2020-2030 South America Exoskeleton Market Size by Application
Table 2020-2025 South America Exoskeleton Key Players Revenue
Table 2020-2025 South America Exoskeleton Key Players Market Share
Table 2020-2030 South America Exoskeleton Market Size by Type
Table 2020-2030 Brazil Exoskeleton Market Size
Table 2020-2030 Argentina Exoskeleton Market Size
Table 2020-2030 Chile Exoskeleton Market Size
Table 2020-2030 Peru Exoskeleton Market Size
Table 2020-2030 Asia & Pacific Exoskeleton Market Size
Figure 2020-2030 Asia & Pacific Exoskeleton Market Size and CAGR
Table 2020-2030 Asia & Pacific Exoskeleton Market Size by Application
Table 2020-2025 Asia & Pacific Exoskeleton Key Players Revenue
Table 2020-2025 Asia & Pacific Exoskeleton Key Players Market Share
Table 2020-2030 Asia & Pacific Exoskeleton Market Size by Type
Table 2020-2030 China Exoskeleton Market Size
Table 2020-2030 India Exoskeleton Market Size
Table 2020-2030 Japan Exoskeleton Market Size
Table 2020-2030 South Korea Exoskeleton Market Size
Table 2020-2030 Southeast Asia Exoskeleton Market Size
Table 2020-2030 Australia Exoskeleton Market Size
Table 2020-2030 Europe Exoskeleton Market Size
Figure 2020-2030 Europe Exoskeleton Market Size and CAGR
Table 2020-2030 Europe Exoskeleton Market Size by Application
Table 2020-2025 Europe Exoskeleton Key Players Revenue
Table 2020-2025 Europe Exoskeleton Key Players Market Share
Table 2020-2030 Europe Exoskeleton Market Size by Type
Table 2020-2030 Germany Exoskeleton Market Size
Table 2020-2030 France Exoskeleton Market Size
Table 2020-2030 United Kingdom Exoskeleton Market Size
Table 2020-2030 Italy Exoskeleton Market Size
Table 2020-2030 Spain Exoskeleton Market Size
Table 2020-2030 Belgium Exoskeleton Market Size
Table 2020-2030 Netherlands Exoskeleton Market Size
Table 2020-2030 Austria Exoskeleton Market Size
Table 2020-2030 Poland Exoskeleton Market Size
Table 2020-2030 Russia Exoskeleton Market Size
Table 2020-2030 MEA Exoskeleton Market Size
Figure 2020-2030 MEA Exoskeleton Market Size and CAGR
Table 2020-2030 MEA Exoskeleton Market Size by Application
Table 2020-2025 MEA Exoskeleton Key Players Revenue
Table 2020-2025 MEA Exoskeleton Key Players Market Share
Table 2020-2030 MEA Exoskeleton Market Size by Type
Table 2020-2030 Egypt Exoskeleton Market Size
Table 2020-2030 Israel Exoskeleton Market Size
Table 2020-2030 South Africa Exoskeleton Market Size
Table 2020-2030 Gulf Cooperation Council Countries Exoskeleton Market Size
Table 2020-2030 Turkey Exoskeleton Market Size
Table 2020-2025 Global Exoskeleton Market Size by Region
Table 2020-2025 Global Exoskeleton Market Size Share by Region
Table 2020-2025 Global Exoskeleton Market Size by Application
Table 2020-2025 Global Exoskeleton Market Share by Application
Table 2020-2025 Global Exoskeleton Key Vendors Revenue
Figure 2020-2025 Global Exoskeleton Market Size and Growth Rate
Table 2020-2025 Global Exoskeleton Key Vendors Market Share
Table 2020-2025 Global Exoskeleton Market Size by Type
Table 2020-2025 Global Exoskeleton Market Share by Type
Table 2025-2030 Global Exoskeleton Market Size by Region
Table 2025-2030 Global Exoskeleton Market Size Share by Region
Table 2025-2030 Global Exoskeleton Market Size by Application
Table 2025-2030 Global Exoskeleton Market Share by Application
Table 2025-2030 Global Exoskeleton Key Vendors Revenue
Figure 2025-2030 Global Exoskeleton Market Size and Growth Rate
Table 2025-2030 Global Exoskeleton Key Vendors Market Share
Table 2025-2030 Global Exoskeleton Market Size by Type
Table 2025-2030 Exoskeleton Global Market Share by Type

Companies Mentioned

  • Ekso Bionics
  • Hocoma
  • ARMASTEC PTE
  • Lockheed Martin Corporation
  • Rex Bionics
  • RB3D
  • Suit X
  • ReWalk Robotics
  • Panasonic ActiveLink
  • Cyberdyne
  • DIH Medical