Market Overview:
The global intelligent exoskeletons 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 advanced healthcare technologies and the rising number of military and defense applications. The global intelligent exoskeletons market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into lower body, upper body, and full body exoskeletons. The full body segment is expected to grow at a higher CAGR during the forecast period as compared to other segments due to its growing demand in industrial applications such as construction and manufacturing. On the basis of application, it can be classified into healthcare, defense and military, industrial, logistics and transportation, recreation and sports activities. The healthcare segment is projected to account for a major share of this market during the forecast period owing to its growing demand for advanced rehabilitation therapies across different regions worldwide.
Product Definition:
Intelligent exoskeletons are robotic devices that are worn by a person to augment their strength, dexterity, or stamina. They can be used for a variety of purposes, including assisting people with disabilities, increasing the efficiency of workers in industrial settings, and helping soldiers carry heavy equipment. Intelligent exoskeletons are important because they can improve the quality of life for people who need assistance performing everyday tasks, make it easier for people to work in difficult or dangerous environments, and help soldiers carry more gear without becoming fatigued.
Lower:
Lower body negative feedback control system is used to provide stability and support to the exoskeleton. It provides a method for adjusting the stiffness of the frame in order to achieve desired movement patterns. The system comprises of two main components, namely actuators and motors which are used in combination with each other through a controller in order to achieve desired results.
Upper:
Upper extremity exoskeletons are used to provide stability and support to weak or injured upper extremities. They can be used by individuals with stroke, cerebral palsy, multiple sclerosis, etc. as well as sports players who have suffered an injury or damage to their shoulders/arms/hands.
Application Insights:
Defense and military was the prominent segment in 2016, accounting for over 45% of the overall revenue share. The rising need for rehabilitation after limb loss due to war injuries is expected to encourage market growth over the forecast period. Rise in terrorist attacks across various countries has created a need for exoskeletons that assist police officers in difficult tasks such as climbing walls and running swiftly across uneven grounds. This factor is anticipated to boost product demand from defense and military applications during the forecast period.
The healthcare application segment accounted for a significant revenue share owing to an increase in geriatric population suffering from mobility problems and neurological disorders that require assistance during medical procedures or surgeries. For instance, stroke patients often suffer from paralysis on one side of their body which requires full body suits with built-in robotic arms for therapy sessions with physiotherapists or doctors leading towards increased market penetration globally intelligent exoskeletons market by 2030th year end date.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing cases of arthritis and other similar diseases, high disposable income, well-established healthcare infrastructure, and rising government initiatives for developing intelligent exoskeletons for rehabilitation of disabled people. For instance, in 2015 ‘Rehabilitation Engineering Research Center’ (RERC) was launched by U.S Department of Education with a focus on developing assistive technologies that will enable individuals with disabilities to achieve their full potential both independently and within their community.
Growth Factors:
- Increasing demand for industrial robots owing to the growing trend of automation in various industries
- Rising geriatric population and increasing prevalence of chronic diseases, which is expected to drive the demand for medical exoskeletons
- Growing popularity of wearable technology and increasing investments by leading players in R&D activities to develop innovative products
- Proliferation of digital technologies such as big data, cloud computing, and Internet of Things (IoT) that are expected to create new opportunities for the market growth
- Emergence of next-generation exoskeletons with enhanced features that can be used in a variety of applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Exoskeletons Market Research Report
By Type
Lower, Upper, Full Body
By Application
Healthcare, Defense and Military, Industrial
By Companies
Cyberdyne, Hocoma, ReWalk Robotics, Ekso Bionics, LockHeed Martin, Parker Hannifin, Interactive Motion Technologies, Panasonic, Myomo, B-TEMIA Inc., Alter G, suitX (US Bionics), 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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Exoskeletons Market Report Segments:
The global Intelligent Exoskeletons market is segmented on the basis of:
Types
Lower, Upper, Full Body
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
Healthcare, Defense and Military, Industrial
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 (US Bionics)
- Hyundai
Highlights of The Intelligent Exoskeletons 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
- Upper
- Full Body
- By Application:
- Healthcare
- Defense and Military
- Industrial
- 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 Intelligent Exoskeletons 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
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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?
An intelligent exoskeleton is a wearable device that enhances or replaces the functionality of the human body. They can be used to help people with disabilities, improve mobility and strength, or enable people to perform tasks that would otherwise be difficult or impossible.
Some of the key players operating in the intelligent exoskeletons market are Cyberdyne, Hocoma, ReWalk Robotics, Ekso Bionics, LockHeed Martin, Parker Hannifin, Interactive Motion Technologies, Panasonic, Myomo, B-TEMIA Inc., Alter G, suitX (US Bionics), Hyundai.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Intelligent Exoskeletons 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 Intelligent Exoskeletons Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Intelligent Exoskeletons 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 Intelligent Exoskeletons 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 Intelligent Exoskeletons Market Size & Forecast, 2018-2028
4.5.1 Intelligent Exoskeletons Market Size and Y-o-Y Growth
4.5.2 Intelligent Exoskeletons Market Absolute $ Opportunity
Chapter 5 Global Intelligent Exoskeletons 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 Intelligent Exoskeletons Market Size Forecast by Type
5.2.1 Lower
5.2.2 Upper
5.2.3 Full Body
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Intelligent Exoskeletons 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 Intelligent Exoskeletons Market Size Forecast by Applications
6.2.1 Healthcare
6.2.2 Defense and Military
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intelligent Exoskeletons 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 Intelligent Exoskeletons 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 Intelligent Exoskeletons Analysis and Forecast
9.1 Introduction
9.2 North America Intelligent Exoskeletons 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 Intelligent Exoskeletons Market Size Forecast by Type
9.6.1 Lower
9.6.2 Upper
9.6.3 Full Body
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 Intelligent Exoskeletons Market Size Forecast by Applications
9.10.1 Healthcare
9.10.2 Defense and Military
9.10.3 Industrial
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 Intelligent Exoskeletons Analysis and Forecast
10.1 Introduction
10.2 Europe Intelligent Exoskeletons 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 Intelligent Exoskeletons Market Size Forecast by Type
10.6.1 Lower
10.6.2 Upper
10.6.3 Full Body
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 Intelligent Exoskeletons Market Size Forecast by Applications
10.10.1 Healthcare
10.10.2 Defense and Military
10.10.3 Industrial
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 Intelligent Exoskeletons Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Intelligent Exoskeletons 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 Intelligent Exoskeletons Market Size Forecast by Type
11.6.1 Lower
11.6.2 Upper
11.6.3 Full Body
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 Intelligent Exoskeletons Market Size Forecast by Applications
11.10.1 Healthcare
11.10.2 Defense and Military
11.10.3 Industrial
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 Intelligent Exoskeletons Analysis and Forecast
12.1 Introduction
12.2 Latin America Intelligent Exoskeletons 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 Intelligent Exoskeletons Market Size Forecast by Type
12.6.1 Lower
12.6.2 Upper
12.6.3 Full Body
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 Intelligent Exoskeletons Market Size Forecast by Applications
12.10.1 Healthcare
12.10.2 Defense and Military
12.10.3 Industrial
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) Intelligent Exoskeletons Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Intelligent Exoskeletons 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) Intelligent Exoskeletons Market Size Forecast by Type
13.6.1 Lower
13.6.2 Upper
13.6.3 Full Body
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) Intelligent Exoskeletons Market Size Forecast by Applications
13.10.1 Healthcare
13.10.2 Defense and Military
13.10.3 Industrial
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 Intelligent Exoskeletons Market: Competitive Dashboard
14.2 Global Intelligent Exoskeletons 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 (US Bionics)
14.3.13 Hyundai
