Market Overview:
The global gait rehabilitation exoskeleton 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 incidence of neurological disorders, technological advancements in exoskeletons, and rising demand for gait rehabilitation exoskeletons from hospitals and clinics. However, the high cost of these devices may restrain the growth of this market to some extent. Based on type, the global gait rehabilitation exoskeleton market can be segmented into single joint and multiple joint devices. Single joint devices are more common than multiple joint devices and are used for basic walking assistance. Multiple joint devices offer more functionality than single joint devices and are used for advanced walking assistance. Based on application, the global gait rehabilitation exoskeleton market can be segmented into hospitals and clinics and research institutions. Hospitals and clinics account for a larger share of this market as compared to research institutions owing to their larger customer base.
Product Definition:
A gait rehabilitation exoskeleton, otherwise known as a walking frame, is a wearable device that helps people with mobility issues walk independently. The device typically consists of two metal frames that are attached to the user's legs and hips, with straps to keep them in place. It provides support and stability to the wearer, which can help improve their walking ability and range of motion.
Single Joint:
Single joint exoskeleton is a wearable robotic device that uses one of the joints of the user as a base and provides support, leverage and stability to walk. The market for single joint exoskeleton in Gait Rehabilitation Exoskeleton (GRX) has been growing at an exponential rate owing to its increasing adoption by patients suffering from arthritis, Parkinson’s disease or any other movement disability.
Multiple Joint:
Multiple joint exoskeleton is a wearable robotic device that uses mechanical engineering principles to provide support for body joints. It's main function is to help the physically disabled and elderly people walk again by providing them with an external source of force. The multiple joint exoskeleton has four or more joints in its base, which can be attached to the wearer’s body using elastic bands.
Application Insights:
Based on application, the global exoskeleton rehabilitation market is segmented into hospitals and clinics, research institutions, and home healthcare. Hospitals and clinics dominated the overall application segment with a share of over 80% in 2017. This can be attributed to growing awareness about various benefits associated with exoskeletons for physical therapy coupled with rising number of trauma cases. In addition, hospitals provide better infrastructure facilities including hydrotherapy pools and gymnasiums which increases adoption rates among patients suffering from lower limb injuries or conditions such as arthritis.
The research institutions segment is expected to witness lucrative growth over the forecast period due to increasing government funding for medical robotics related studies at institutes level which encourages researchers working in this field to apply for funding under these schemes thereby promoting product usage at these rehabilitation centers. Furthermore, this also promotes R&D activities pertaining new technological developments within this industry thus driving its growth further during future years.
Regional Analysis:
North America dominated the global market in 2017. The presence of key players, favorable reimbursement policies, and high adoption rate for advanced exoskeletons are some of the factors responsible for its large share. Moreover, increasing demand to treat patients suffering from mobility impairments due to various diseases is expected to drive growth over the forecast period.
In Europe as well as in other regions such as Asia Pacific and Latin America gait rehabilitation exoskeletons are being used for treating patients with lower-limb disabilities caused by amputations or severe trauma resulting into foot ulcers or diabetic foot ulcers that require long-term care and follow up visits to ensure proper healing process.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increased demand for gait rehabilitation exoskeletons, as they help improve mobility and independence among elderly patients.
- Rising incidence of neurological disorders: The incidence of neurological disorders such as stroke, cerebral palsy, and multiple sclerosis is increasing globally due to factors such as aging populations, unhealthy lifestyles, and pollution. This is leading to an increased demand for gait rehabilitation exoskeletons that can help improve the mobility of patients suffering from these conditions.
- Growing popularity of physical therapy: Physical therapy has been gaining popularity over the past few years as a treatment option for various medical conditions. This has led to an increase in funding for research on new physical therapy treatments, including gait rehabilitation exoskeletons. As a result, there is likely to be strong growth prospects for this market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gait Rehabilitation Exoskeleton Market Research Report
By Type
Single Joint, Multiple Joint
By Application
Hospitals And Clinics, Research Institutions
By Companies
Cyberdyne, Hocoma, ReWalk Robotics, Ekso Bionics, LockHeed Martin, Parker Hannifin, Interactive Motion Technologies, Panasonic, Myomo, B-TEMIA Inc., Alter G, suitX, Hyundai
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Gait Rehabilitation Exoskeleton Market Report Segments:
The global Gait Rehabilitation Exoskeleton market is segmented on the basis of:
Types
Single Joint, Multiple Joint
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
Hospitals And Clinics, Research Institutions
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
- Hocoma
- ReWalk Robotics
- Ekso Bionics
- LockHeed Martin
- Parker Hannifin
- Interactive Motion Technologies
- Panasonic
- Myomo
- B-TEMIA Inc.
- Alter G
- suitX
- Hyundai
Highlights of The Gait Rehabilitation Exoskeleton 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:
- Single Joint
- Multiple Joint
- By Application:
- Hospitals And Clinics
- Research Institutions
- 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 Gait Rehabilitation Exoskeleton 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A Gait Rehabilitation Exoskeleton is a wearable device that helps people with mobility impairments walk again. The exoskeleton uses sensors to track the user's movements and provides assistance as needed, allowing them to walk with more ease and confidence.
Some of the key players operating in the gait rehabilitation exoskeleton market are Cyberdyne, Hocoma, ReWalk Robotics, Ekso Bionics, LockHeed Martin, Parker Hannifin, Interactive Motion Technologies, Panasonic, Myomo, B-TEMIA Inc., Alter G, suitX, Hyundai.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gait Rehabilitation Exoskeleton 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 Gait Rehabilitation Exoskeleton Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gait Rehabilitation Exoskeleton 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 Gait Rehabilitation Exoskeleton 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 Gait Rehabilitation Exoskeleton Market Size & Forecast, 2020-2028
4.5.1 Gait Rehabilitation Exoskeleton Market Size and Y-o-Y Growth
4.5.2 Gait Rehabilitation Exoskeleton 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 Single Joint
5.2.2 Multiple Joint
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 Hospitals And Clinics
6.2.2 Research Institutions
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gait Rehabilitation Exoskeleton 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 Gait Rehabilitation Exoskeleton 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 Single Joint
9.6.2 Multiple Joint
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 Hospitals And Clinics
9.10.2 Research Institutions
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 Single Joint
10.6.2 Multiple Joint
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 Hospitals And Clinics
10.10.2 Research Institutions
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 Single Joint
11.6.2 Multiple Joint
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 Hospitals And Clinics
11.10.2 Research Institutions
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 Single Joint
12.6.2 Multiple Joint
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 Hospitals And Clinics
12.10.2 Research Institutions
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 Single Joint
13.6.2 Multiple Joint
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 Hospitals And Clinics
13.10.2 Research Institutions
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 Gait Rehabilitation Exoskeleton Market: Competitive Dashboard
14.2 Global Gait Rehabilitation Exoskeleton Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cyberdyne
14.3.2 Hocoma
14.3.3 ReWalk Robotics
14.3.4 Ekso Bionics
14.3.5 LockHeed Martin
14.3.6 Parker Hannifin
14.3.7 Interactive Motion Technologies
14.3.8 Panasonic
14.3.9 Myomo
14.3.10 B-TEMIA Inc.
14.3.11 Alter G
14.3.12 suitX
14.3.13 Hyundai
