Market Overview:
The global exoskeleton systems market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for exoskeletons from various end-use applications, such as military, industrial, construction, healthcare and others. In addition, the growing awareness about the benefits of using exoskeletons is also contributing to the growth of this market. Based on type, the global exoskeleton systems market can be segmented into lower body exoskeletons, full body exoskeletons and upper body ExoSKELETONS. Lower body ExoSKELETONS are expected to account for a major share of this market during the forecast period owing to their high adoption in various end-use applications. By application, military is expected to account for a major share of this market duringthe forecast period owingto its growing demand from countries such as China and India.
Product Definition:
Exoskeleton Systems refers to the external skeleton that supports and protects an animal's body. This system is important for protection and movement.
Lower Body Exoskeletons:
Lower body exoskeletons are used to provide stability and support to people who have difficulty maintaining their balance. They are most commonly used by the elderly, patients with Parkinson's disease, those suffering from multiple sclerosis and cerebral palsy.
The global lower body exoskeleton market size was valued at USD 31.6 million in 2015.
Full Body Exoskeletons:
Full body exoskeletons are wearable devices that help in providing support and stability to people suffering from mobility impairment. These devices are used by individuals who have difficulty moving around due to conditions such as Cerebral Palsy, Multiple Sclerosis, Parkinson’s disease or arthritis. The increasing prevalence of these diseases is expected to drive the growth of the market for full body exoskeleton systems over the forecast period.
Application Insights:
The military segment dominated the global exoskeleton systems market in terms of revenue in 2017. The rising need for rehabilitation and active recovery as well as reduced hospitalization period is expected to drive the adoption of exoskeletons in military applications over the forecast period. Moreover, increasing government initiatives toward injury prevention along with a rise in sports-related injuries are anticipated to further fuel demand over the forecast period.
Upper body exoskeletons are gaining popularity due to their use by athletes for strengthening and conditioning muscles after injury or surgery. Increasing number of commercial gymnasiums at an international level is expected to increase product demand from 2018 to 2030 owing to increased strength training by athletes using these devices at a professional level across various sports such as basketball, tennis, skiing and snowboarding among others.
Regional Analysis:
North America dominated the global market in 2017. The rising cases of arthritis and other joint-related disorders are expected to boost the demand for exoskeletons in this region. For instance, as per a recent study published by National Institute of Health (U.S.), around 629,000 people were diagnosed with osteoarthritis or rheumatoid arthritis in the U.S., which will further increase due to factors such as aging and obesity that result in increased joint stress and pressure.
Growth Factors:
- Increasing demand for exoskeleton systems from the healthcare sector for rehabilitation and assistive purposes
- Growing popularity of exoskeleton systems among defense personnel and industrial workers for enhancing performance and safety
- Rising research and development expenditure by leading players to develop new-generation exoskeleton systems
- Proliferation of venture capitalists’ funding towards the development of novel exoskeleton technologies
- Increasing number of collaborations between key market players to commercialize new-generation exoskeleton technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Exoskeleton Systems Market Research Report
By Type
Lower Body Exoskeletons, Full Body Exoskeletons, Upper Body Exoskeletons
By Application
Military, Industrial, Construction, Healthcare, Other
By Companies
Cyberdyne, Ekso Bionics, ReWalk Robotics, Rex Bionics, Berkley Robotics, Focal Meditech, Hocoma, Honda, Interactive Motion Technologies, LockHeed Martin, Cyberdyne, Parker Hannafin, Raytheon Sarcos
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Exoskeleton Systems Market Report Segments:
The global Exoskeleton Systems market is segmented on the basis of:
Types
Lower Body Exoskeletons, Full Body Exoskeletons, Upper Body Exoskeletons
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Industrial, Construction, Healthcare, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cyberdyne
- Ekso Bionics
- ReWalk Robotics
- Rex Bionics
- Berkley Robotics
- Focal Meditech
- Hocoma
- Honda
- Interactive Motion Technologies
- LockHeed Martin
- Cyberdyne
- Parker Hannafin
- Raytheon Sarcos
Highlights of The Exoskeleton Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lower Body Exoskeletons
- Full Body Exoskeletons
- Upper Body Exoskeletons
- By Application:
- Military
- Industrial
- Construction
- Healthcare
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Exoskeleton Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Exoskeleton systems are a type of wearable technology that help people with disabilities or mobility issues. They can be used to help people walk, climb stairs, and move around in general.
Some of the major players in the exoskeleton systems market are Cyberdyne, Ekso Bionics, ReWalk Robotics, Rex Bionics, Berkley Robotics, Focal Meditech, Hocoma, Honda, Interactive Motion Technologies, LockHeed Martin, Cyberdyne, Parker Hannafin, Raytheon Sarcos.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Exoskeleton Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Exoskeleton Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Exoskeleton Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Exoskeleton Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Exoskeleton Systems Market Size & Forecast, 2020-2028
4.5.1 Exoskeleton Systems Market Size and Y-o-Y Growth
4.5.2 Exoskeleton Systems Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Lower Body Exoskeletons
5.2.2 Full Body Exoskeletons
5.2.3 Upper Body Exoskeletons
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Military
6.2.2 Industrial
6.2.3 Construction
6.2.4 Healthcare
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Exoskeleton Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Exoskeleton Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Lower Body Exoskeletons
9.6.2 Full Body Exoskeletons
9.6.3 Upper Body Exoskeletons
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Military
9.10.2 Industrial
9.10.3 Construction
9.10.4 Healthcare
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Lower Body Exoskeletons
10.6.2 Full Body Exoskeletons
10.6.3 Upper Body Exoskeletons
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Military
10.10.2 Industrial
10.10.3 Construction
10.10.4 Healthcare
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Lower Body Exoskeletons
11.6.2 Full Body Exoskeletons
11.6.3 Upper Body Exoskeletons
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Military
11.10.2 Industrial
11.10.3 Construction
11.10.4 Healthcare
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Lower Body Exoskeletons
12.6.2 Full Body Exoskeletons
12.6.3 Upper Body Exoskeletons
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Military
12.10.2 Industrial
12.10.3 Construction
12.10.4 Healthcare
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Lower Body Exoskeletons
13.6.2 Full Body Exoskeletons
13.6.3 Upper Body Exoskeletons
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Military
13.10.2 Industrial
13.10.3 Construction
13.10.4 Healthcare
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Exoskeleton Systems Market: Competitive Dashboard
14.2 Global Exoskeleton Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cyberdyne
14.3.2 Ekso Bionics
14.3.3 ReWalk Robotics
14.3.4 Rex Bionics
14.3.5 Berkley Robotics
14.3.6 Focal Meditech
14.3.7 Hocoma
14.3.8 Honda
14.3.9 Interactive Motion Technologies
14.3.10 LockHeed Martin
14.3.11 Cyberdyne
14.3.12 Parker Hannafin
14.3.13 Raytheon Sarcos
