Emergen Research has recently added a new report titled Global Medical Exoskeleton Market that provides an extensive analysis of the Medical Exoskeleton market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Medical Exoskeleton market. The report aims to offer a clear understanding of the market with respect to the manufacturers, suppliers, vendors, distributors, and key companies involved in the market. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The key findings from the report have been sorted into charts, figures, tables, and other pictorial representations.
The global medical exoskeleton market size is expected to reach USD 6.25 Billion at a steady revenue CAGR of 45.0% in 2030, according to the latest analysis by Emergen Research. Large investments in the development of exoskeleton technology is driving revenue growth of the medical exoskeletons market. For instance, exoskeleton developer Wandercraft secured USD 45 million in Series C funding. Wandercraft is situated in Paris. The cash will be used by the business to develop and market a personal exoskeleton for use in the outdoors and at home, as well as hasten the introduction of Wandercraft's Atalante rehabilitation exoskeleton in the U.S. Atalante is a lower-body exoskeleton that can balance itself and mimics how individuals walk. In 2017, the business started the exoskeleton's clinical trials. In 2019, many drugs received Conformité Européene (CE) marking. With the use of the company's hands-free function, the exoskeleton is made to enable the wearer to move their upper body and torso without restriction. Exoskeletons are used to help physical therapy patients move more quickly and comfortably.
However, the report takes into account the current COVID-19 impact on the global economy and this particular business sector. The global Medical Exoskeleton market growth has been extensively hampered by the current economic situation triggered by the COVID-19 pandemic. The pandemic has led to some devastating effects on the global economy, besides disrupting the functioning of the Medical Exoskeleton industry. It offers an exhaustive analysis of the present and future effects of the pandemic on this business sphere. Moreover, the adverse effects of the coronavirus pandemic on the global Medical Exoskeleton market, as well as its fundamental segments, have also been elucidated in this report.
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Leading companies profiled in the report are:
Cyberdyne Inc., Ekso Bionics, ReWalk Robotics, Bionik, Rex Bionics Ltd., Parker Hannifin Corp., B-Temia, Bioventus, Hocoma, and Wearable Robotics srl
The global Medical Exoskeleton market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Medical Exoskeleton market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Medical Exoskeleton market.
Component Outlook (Revenue, USD Million; 2019–2030)
- Hardware
- Sensors
- Gyroscopes
- Microphones
- Accelerometers
- Tilt Sensors
- Force/Torque Sensors
- Position Sensors
- Others
- Actuators
- Electrical
- Pneumatic
- Hydraulic
- Piezoelectric
- Power Sources
- Control Systems/Controllers
- Others
- Software
Type Outlook (Revenue, USD Million; 2019–2030)
- Powered
- Passive
Extremity Outlook (Revenue, USD Million; 2019–2030)
- Lower Extremity
- Upper Extremity
- Full Body
Check Global Medical Exoskeleton Market Research Report in Detail @ https://www.emergenresearch.com/industry-report/medical-exoskeleton-market
Major Regions Covered in the Medical Exoskeleton Market Report:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
Key Reasons to Buy This Report:
- The report presents a thorough examination of the Medical Exoskeleton market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
- The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
- The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
- The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
A SWOT analysis is performed on the leading companies engaged in the Medical Exoskeleton market to offer a better understanding of the strengths, opportunities, weaknesses, and threats of the leading companies. It also covers production and consumption rate, the volatility of prices and demands, market share, market size, global position, and market position of each player. The report also analyses key elements such as growth trends, concentration area, business expansion strategies, market reach, and other key features that offer companies insightful data to fortify their position in the Medical Exoskeleton industry.
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