Exoskeleton Market in United States, United Kingdom– Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Publication ⇒Nov-23 Delivery Time ⇒ 5-7 Business Days Report Code ⇒PBCHC267-10M-OT

License Type (Price in USD)

  1. Executive Summary: Exoskeleton
    • Global Market Outlook: Exoskeleton
  2. Competitive Intelligence Analysis: Exoskeleton
  3. Therapeutic Sector SWOT
  4. Technology Roadmap Analysis: Exoskeleton
  5. Market Background
    • Drivers
    • Restraints
    • Opportunity
    • Key Market Trends
    • Key Unmet Needs
  6. Key Marketed Products Profile – Major Approved Products: Exoskeleton
    • Product Profile
    • Safety and Efficacy
  7. Regulatory Landscape
  8. Exoskeleton: Ten Major Market (10MM) – Market Analysis, By Product Type
    • Powered Exoskeleton
    • Non-powered Exoskeleton
  9. Exoskeleton: Ten Major Market (10MM) – Market Analysis, By Extremity
    • Upper Body Exoskeleton
    • Lower Body Exoskeleton
    • Full Body Exoskeleton
  10. Exoskeleton: Ten Major Market (10MM) – Market Analysis, By Mobility
    • Mobile
    • Fixed/Stationary
  11. Exoskeleton: Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Extremity
      • By Mobility
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Extremity
      • By Mobility
  1. S. Exoskeleton – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Extremity
      • By Mobility
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Extremity
      • By Mobility
  1. K. Exoskeleton – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Extremity
      • By Mobility
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Extremity
      • By Mobility
  1. Germany Exoskeleton – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Extremity
      • By Mobility
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Extremity
      • By Mobility
  1. France Exoskeleton – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Extremity
      • By Mobility
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Extremity
      • By Mobility
  1. Italy Exoskeleton – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Extremity
      • By Mobility
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Extremity
      • By Mobility
  1. Spain Exoskeleton – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Extremity
      • By Mobility
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Extremity
      • By Mobility
  1. Japan Exoskeleton – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Extremity
      • By Mobility
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Extremity
      • By Mobility
  1. China Exoskeleton – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Extremity
      • By Mobility
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Extremity
      • By Mobility
  1. Australia Exoskeleton – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Extremity
      • By Mobility
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Extremity
      • By Mobility
  1. India Exoskeleton – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Extremity
      • By Mobility
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Extremity
      • By Mobility
  1. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

  1. Assumptions and Acronyms Used
  2. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
  3. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
  4. Copyrights and Disclaimer

Exoskeleton Market – Report Overview

Pacific Business Consulting’s “Exoskeleton Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Exoskeleton market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

The global market for Exoskeletons reached a value of US$ 378.8 million in 2022 and is forecasted to achieve nearly US$ 1.8 billion by 2030, with a projected compound annual growth rate (CAGR) exceeding 15.0% from 2023 to 2030.

An Exoskeleton is a wearable electromechanical device designed as an external framework worn on the body to aid in patient recovery from injuries and enhance biological capabilities, such as orthotic devices for gait rehabilitation or locomotion assistance. This framework provides additional movement, strength, and endurance to limbs. Exoskeletons find application in empowering individuals with disabilities, injuries, or medical conditions like spinal cord injury (SCI), neuropathy, stroke, and cerebral palsy. Typically used in monitored settings like hospitals and rehabilitation centers, medical professionals supervise the use of these medical exoskeletons.

The adoption of Exoskeleton solutions is widespread across industries, contributing to accident reduction and increased productivity. The growing demand has spurred the emergence of startups specializing in exoskeleton technology, offering rehabilitation solutions. Additionally, the continuously expanding exoskeleton industry prompts market players to innovate and develop initiatives aimed at boosting adoption rates. For example, suitX introduced shieldX in 2021, an exoskeleton designed for healthcare workers wearing heavy anti-radiation aprons, addressing neck and back problems.

Musculoskeletal injuries affecting the construction industry, such as cumulative trauma disorders (CTD), occupational overuse syndrome (OOS), and repetitive strain injury (RSI), are driving factors for Exoskeleton adoption. According to the World Health Organization (WHO) data from February 2021, approximately 1.71 billion individuals globally suffer from musculoskeletal disorders. In Great Britain, Health and Safety Executive (HSE) data estimates from November 2020 indicate that around 480,000 workers across various industries experience occupation-related musculoskeletal disorders.

These factors contribute to the increasing adoption of Exoskeleton solutions, leveraging the technology’s benefits, including augmenting or assisting users in physical activities, enhancing health and productivity, and reducing fatigue among industrial workers.

However, the growth of the Exoskeleton market faces challenges due to limited technological advancements and low per capita income in emerging and underdeveloped economies. Companies in these nations encounter obstacles such as insufficient funding and limited access to novel technologies for patients. The lack of adequate healthcare services in emerging economies restricts access to rehabilitation therapies for disabled communities, and dependence on medical device imports makes these devices more expensive, hindering market development.

The rise in the prevalence of spinal cord and brain injuries is a significant driver for medical exoskeleton devices. Spinal cord injuries often result in permanent changes in strength and sensation below the injury site, requiring physical support from medical exoskeleton devices. The increasing prevalence of spinal cord injuries is expected to fuel market growth.

Key players in the Exoskeleton segment include ReWalk Robotics, Ottobock SE & Co. KGaA (suit X), DIH medical Hocoma, Human Motion Technologies LLC, Wearable Robotics SRL, CYBERDYNE INC, Ekso Bionics, Ergosanté, B-Temia, and ExoAtlet. Continuous innovation is anticipated to shape the future landscape of Exoskeleton technologies.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Exoskeleton market. It also delves into the analysis of present and prospective market competition within the global Exoskeleton market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

  • Develop your business strategies by gaining insights into the trends that shape and drive the Exoskeleton market across the 10MM (Ten Major Markets).
  • Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Exoskeleton market.
  • Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
  • Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
  • Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.

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