Global Exoskeleton Robots Strategic Business Report 2023: Increasing Incidence of Neurological, Musculoskeletal and Chronic Medical Conditions to Steer Adoption

DUBLIN, June 28, 2023 /PRNewswire/ -- The "Exoskeleton Robots: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Exoskeleton Robots estimated at US$896.5 Million in the year 2022, is projected to reach a revised size of US$4.6 Billion by 2030, growing at a CAGR of 22.6% over the analysis period 2022-2030.

Healthcare, one of the segments analyzed in the report, is projected to record a 22.1% CAGR and reach US$2.2 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Industrial segment is readjusted to a revised 24.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $384.8 Million, While China is Forecast to Grow at 26.7% CAGR

The Exoskeleton Robots market in the U.S. is estimated at US$384.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$613.2 Million by the year 2030 trailing a CAGR of 26.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18% and 20.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 22.2% CAGR.

Select Competitors (Total 102 Featured) -

• ATOUN Inc.
• Bioness Inc.
• Bionik Laboratories Corp.
• Bioservo Technologies AB
• B-Temia Inc.
• Cyberdyne Inc.
• Ekso Bionics Holdings Inc.
• Gogoa Mobility Robots
• Hocoma AG
• Lockheed Martin Corporation
• Parker-Hannifin Corporation
• RB3D
• Rehab-Robotics Company Limited
• ReWalk Robotics Ltd.
• Rex Bionics Ltd.
• suitX (US Bionics)

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Exoskeleton Robots - Global Key Competitors Percentage Market Share in 2022 (E)
• Impact of COVID-19 and a Looming Global Recession
• COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019E to 2022F
• COVID-19 Provides Major Springboard to Full-Body, Powered Exoskeleton Deployment
• Pandemic Compels Senior Care Facilities to Use Modern Technologies for Better Care
• Disruptions in Military Training Inflicts Direct Blow on Exoskeleton Robotics Market
• Infection Spread Disrupts Military Personnel Training & Troop Deployment: Cumulative Number of COVID-19 Cases Across the Defense Department in the U.S. in May, June, September & November 2020
• Exoskeleton Robots: Wearable Machines to Augment Human Strength
• Increasing Adoption of Active & Passive Exoskeletons
• Rising Demand Amps Up Global Robotic Exoskeletons Market to Action-Packed Future
• Mobile Exoskeletons Dominate and Buoy the Market
• Active and Passive Exoskeletons: Primary Segments of Robotic Exoskeletons
• Prominent Factors with Positive Cascading Effect on Robotic Exoskeletons Market
• High Adoption in Medical & Military Applications
• Technological Advances to Drive Growth
• Select Innovations & Advancements
• Analysis by End-Use: Healthcare Remains Primary Segment
• World Exoskeleton Robots Market by End-Use (2020 & 2027): Percentage Breakdown of Revenues for Healthcare, Industrial, and Other End-Uses
• Regional Analysis: North America Remains the Most Lucrative Market
• World Exoskeleton Robots Market by Region (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
• Global Exoskeleton Robots Market: Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, Rest of World, USA, Europe, Canada, and Japan
• Competitive Scenario
• Budding Market for Robotic Exoskeletons Marked by Fierce Competition
• Recent Market Activity
• Exoskeleton Robots Competitor Market Share Scenario Worldwide (in %): 2020(E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Healthcare Sector Steers Momentum in the Exoskeleton Robots Market
• Rehabilitation Exoskeleton Robots Set to Make Big Gains
• Exoskeleton Robots Helping Paraplegics to Walk Again
• Recent Exoskeleton Advancements for Delivering Enhanced Mobility Therapy
• Increasing Incidence of Neurological, Musculoskeletal and Chronic Medical Conditions to Steer Adoption
• Global Osteoporosis Prevalence: Number of People with Osteoporosis in Millions by Select Country/Region for 2012 and 2022P
• Percentage (%) of Women Affected by Osteoporosis
• Importance of Physical Therapy for Stroke Survivors Bodes Well
• Select Arm and Hand Robotic Devices
• Select Leg and Foot Robotic Devices
• Rising Incidence of Physical Disabilities Steers Importance of Rehabilitation Robots
• Percentage of Population with Disabilities by Age Group
• Growing Geriatric Population & Parallel Increase in Prevalence of Age-Related Conditions: Strong Business Case for Rehabilitation Exoskeleton Robots
• Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
• Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
• Rising Care Costs & Shortage of Home Care Workers for Disabled and Elderly Turn Focus onto Rehabilitation Robots
• Annual Cost of Full-Time Home Health Aide (in $) in the US for 2004-2019
• Long-term Care Workers in the US: Percentage Breakdown of Workforce by Type for 2020
• Resolving Prevailing Issues & Challenges: Critical for Future Success of Rehabilitation Exoskeleton Robots
• Exoskeleton Robots Poised to Transform Industrial Sector
• Industrial Exoskeleton Robots Promise Increased Worker Productivity & Reduced Workplace Injuries
• Current Trends in Industrial Automation & Industry 4.0 Favor Uptake
• Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
• As Defense Departments Lean towards Advanced Technologies, Opportunities Galore for Military Exoskeleton Robots
• Global Defense Budget (In US$ Billion) for the Years 2019, 2021 and 2023
• New Range of Military Exoskeletons Come to the Fore to Address Stringent Requirements of Infantry Squads
• Emphasis on Soldier Protection & Strengthening Infantry Capabilities Widen the Business Case
• Global Active Ready-to-Fight Military Manpower (In 000s) by Country
• Exoskeleton Robots Augment Military Wearable Technology
• AI Steps into Reinforce Military Exoskeleton Robots
• US Marines to Test Real-Life Exoskeleton Robots
• Construction Sector: A Niche Domain for Exoskeleton Robots
• Smart Exoskeleton Market Poised to Witness Robust Growth
• Smart Textiles to Play an Important Role in the Development of Smart Exoskeletons
• Global Smart Textile Market (In US$ Billion) for Years
• Ongoing Research Efforts to Open New Avenues
• Lack of Standards Holding Back Exoskeleton Adoption

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/lh1isz

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