The new report by Expert Market Research titled, ‘Global Exoskeleton Market Analysis, Share, Price, Trends, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the global exoskeleton market, assessing the market based on its segments like treatment types, product types, body part types, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
• Forecast CAGR (2023-2028):17.2%
The rapidly growing global geriatric population, rising adoption rates of medical devices in various industries such as automobile, military, defence, and construction, and rising incidence of stroke are some of the primary drivers responsible for the global market’s growth. The global exoskeleton market growth can also be attributed to the rising adoption of AI and IoT-powered exosuits for rehabilitation purposes in the medical sector.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/exoskeleton-market/requestsample
Further, the growing incidence rate of spinal cord injuries (SCI) is expected to drive the demand for exoskeletons across global markets. Moreover, rising disposable income, availability of public and private investors, the widespread presence of key market players, and growing human augmentation in industry and military verticals are driving the market growth.
Industry Definition and Major Segments
Exoskeleton robots have heralded the dawn of a new era in modern neuromuscular rehabilitation engineering and assistive technology research. The technology has showed substantial potential in improving upper-limb capabilities required for daily activities. Upper limb exoskeletons are electromechanical systems that interact with the user to increase power, aid, or replace motor function.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/exoskeleton-market
By type, the global exoskeleton market is segmented into:
Based on product type, the market is classified into:
By body part type, the market is classified into:
• Lower Body
• Upper Body
On the basis of region, the market is segmented into:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Exoskeleton systems are increasingly being used across industries to improve employee health and productivity. The increased demand has resulted in the establishment of various startups with expertise in exoskeleton technology and rehabilitation solutions. Also, the constantly evolving exoskeleton market is driving market players to devise innovative product development strategies to increase the adoption rate over the forthcoming years.
The growing prevalence of disabled individuals, rising expenditure on research activities, increasing number of partnerships and collaborations amongst key participants, and availability of technologically advanced products are the major factors driving the market growth. Rising advancements in active and semi-passive technology are one of the primary factors influencing the exosuit demand.
Key Market Players
The major players in the marketare Ekso Bionics Holdings, Inc., ReWalk Robotics Ltd., BIONIK Laboratories Corp., Ottobock SE & Co. KGaA, and Lockheed Martin Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person: Ana John, Corporate Sales Specialist – U.S.A.
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA