Medical Exoskeleton Market: A Study of the Industry’s Evolving Landscape

The Emergen Research Global Medical Exoskeleton Market Report affords an enterprise-extensive evaluation of the Medical Exoskeleton marketplace, such as the maximum crucial elements influencing the sector`s expansion. The maximum latest studies file affords a complete evaluation of the micro- and macro-financial signs which have an effect at the increase of the worldwide marketplace from 2022 to 2030.  The report also studies the growth of the market on a global and regional scale. In numerous important locations, the market’s growth has been significantly hampered by supply chain interruptions and economic uncertainty. The paper examines the pandemic’s current and potential effects as well as the post-pandemic commercial environment. The Medical Exoskeleton Market File provides a fantastic explanation of current trends in addition to a wide range of expansion opportunities, important drivers, restrictions, problems, and other important factors. The report also takes into account several market characteristics, which in turn present the key players in the Medical Exoskeleton industry with numerous opportunities for growth.

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.

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The leading market contenders listed in the report are as follows:

Cyberdyne Inc., Ekso Bionics, ReWalk Robotics, Bionik, Rex Bionics Ltd., Parker Hannifin Corp., B-Temia, Bioventus, Hocoma, and Wearable Robotics srl

The report classifies the global Medical Exoskeleton market into various regions, including:

• North America (U.S., Canada)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)
• The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. In addition to projecting the market valuations for the present and the future based on the demand-supply dynamics and price structures of the key regional segments, this portion of the study provides insightful information about the geographical segmentation of the keyword market. Each segment’s and sub-growth segment’s potential have also been carefully detailed in the report. Nearly every part of the business sector has been impacted by the global health crisis, which has also severely disrupted the supply and demand chains for the worldwide keyword market. The paper also evaluates the current market environment and predicts its future results while taking into account the pandemic’s effects on the global economy. The Global Medical Exoskeleton Market is highly consolidated due to the presence of a large number of companies across this industry.

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On the basis of type, the market is segmented into

• 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

The global Medical Exoskeleton market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Medical Exoskeleton sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

In addition, the analytical data are presented in a well-organized format in the form of charts, tables, graphs, figures, and diagrams in the report. This makes it easier for readers to comprehend the market scenario in a beneficial way. In addition, the report aims to provide a forward-looking perspective and an instructive conclusion to assist the reader in making profitable business decisions. The report concludes with a comprehensive SWOT and Porter’s Five Forces analysis of the segments anticipated to dominate the market, regional bifurcation, estimated market size and share, and more.

Report Highlights:

• The report conducts a comparative assessment of the leading market players participating in the global Medical Exoskeleton market.
• The report marks the notable developments that have recently taken place in the Medical Exoskeleton industry
• It details on the strategic initiatives undertaken by the market competitors for business expansion.
• It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Medical Exoskeleton market value chain.
• The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.

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