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Global Medical Exoskeletons Market


Global Medical Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Mobility (Mobile, Stationary, Tethered), Power (Active/Powered, Passive), Structure (Rigid, Soft), Application (Rehabilitation, Mobility Aid, Others), and Region: Trend Forecast and Growth Opportunity

Report code: SDMRAR1696815 | Industry: Artificial Intelligence | Published On: 2023-07-03


Global medical exoskeletons market will reach $9.59 billion by 2032, growing by 33.1% annually over 2022-2032, driven by the increasing number of people with physical disabilities and subsequent growth in the demand for effective rehabilitation approaches, the rising collaborations among vendors for the technological development, and the increasing insurance coverage for medical exoskeletons. The annual sales volume is expected to grow by 43.2% annually over the forecast period.
Highlighted with 100 tables and 136 figures, this 230-page report “Global Medical Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Mobility (Mobile, Stationary, Tethered), Power (Active/Powered, Passive), Structure (Rigid, Soft), Application (Rehabilitation, Mobility Aid, Others), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global medical exoskeletons market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global medical exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Mobility, Power, Structure, Application, and Region.

Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Sensors
o Actuators
o Power Sources
o Controllers
o Other Hardware
• Software
• Service

Based on Function, the global market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Upper Body Exoskeletons
• Lower Body Exoskeletons
• Full Body Exoskeletons

By Mobility, the global market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Mobile Exoskeletons
• Stationary Exoskeletons
• Tethered Exoskeletons

By Power, the global market is segmented into the following sub-markets with annual revenue ($ mn) volume (units) for 2022-2032 included in each section.
• Active/Powered Exoskeletons
o Electric Actuator
o Pneumatic Actuator
o Hydraulic Actuator
o Mechanical Actuator
o Other Types
• Passive Exoskeletons

By Structure, the global market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Rigid Exoskeletons
• Soft Exoskeletons

By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Rehabilitation
• Mobility Aid
• Other Applications

Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Israel, Saudi Arabia, South Africa, and Rest of MEA)
For each region and country, detailed analysis and data of annual revenue ($ mn) and sales volume (units) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market by Function, Mobility, and Application over the forecast years are also included.

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
AlterG Inc.
Atoun Inc.
Axosuits SRL
Bionik Laboratiories Corp.
B-Temia Inc.
Cyberdyne Inc.
DIH Technologies Corporation
Ekso Bionics Holdings Inc.
Gogoa Mobility Robots SL
Hocoma AG
Honda Motor Co., Ltd.
Innophys Co., Ltd.
Japet Medical Devices
Lockheed Martin Corp.
Marsi Bionics, S.L.
Myomo Inc.
Panasonic Holdings Corp.
Parker-Hannifin Corp.
ReWalk Robotics Inc.
Rex Bionics Ltd.
US Bionics Inc. (Suitx)
Wearable Robotics SRL
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

1  Introduction 12
1.1  Industry  Definition  and  Research  Scope 12
1.1.1  Industry  Definition 12
1.1.2  Research  Scope 14
1.2  Research  Methodology 17
1.2.1  Overview  of  Market  Research  Methodology 17
1.2.2  Market  Assumption 18
1.2.3  Secondary  Data 18
1.2.4  Primary  Data 18
1.2.5  Data  Filtration  and  Model  Design 19
1.2.6  Market  Size/Share  Estimation 20
1.2.7  Research  Limitations 21
1.3  Executive  Summary 22
2  Market  Overview  and  Dynamics 25
2.1  Market  Size  and  Forecast 25
2.1.1  Impact  of  COVID-19  on  World  Economy 28
2.1.2  Impact  of  COVID-19  on  the  Market 31
2.1.3  Impact  of  Russia-Ukraine  Conflict:  War  Slows  Economic  Recovery 33
2.2  Major  Growth  Drivers 37
2.3  Market  Restraints  and  Challenges 43
2.4  Emerging  Opportunities  and  Market  Trends 46
2.5  Porter’s  Fiver  Forces  Analysis 50
3  Segmentation  of  Global  Market  by  Offering 54
3.1  Market  Overview  by  Offering 54
3.2  Hardware 56
3.2.1  Sensors 57
3.2.2  Actuators 58
3.2.3  Power  Sources 59
3.2.4  Controllers 60
3.2.5  Other  Hardware 61
3.3  Software 62
3.4  Services 63
4  Segmentation  of  Global  Market  by  Function 64
4.1  Market  Overview  by  Function 64
4.2  Upper  Body  Exoskeletons 68
4.3  Lower  Body  Exoskeletons 70
4.4  Full  Body  Exoskeletons 72
5  Segmentation  of  Global  Market  by  Mobility 74
5.1  Market  Overview  by  Mobility 74
5.2  Mobile  Exoskeletons 78
5.3  Stationary  Exoskeletons 80
5.4  Tethered  Exoskeletons 82
6  Segmentation  of  Global  Market  by  Power 84
6.1  Market  Overview  by  Power 84
6.2  Active/Powered  Exoskeletons 88
6.2.1  Electric  Actuator 90
6.2.2  Pneumatic  Actuator 91
6.2.3  Hydraulic  Actuator 92
6.2.4  Mechanical  Actuator 93
6.2.5  Other  Types 94
6.3  Passive  Exoskeletons 95
7  Segmentation  of  Global  Market  by  Structure 97
7.1  Market  Overview  by  Structure 97
7.2  Rigid  Exoskeletons 101
7.3  Soft  Exoskeletons 103
8  Segmentation  of  Global  Market  by  Application 105
8.1  Market  Overview  by  Application 105
8.2  Rehabilitation 109
8.3  Mobility  Aid 111
8.4  Other  Applications 113
9  Segmentation  of  Global  Market  by  Region 115
9.1  Geographic  Market  Overview  2022-2032 115
9.2  North  America  Market  2022-2032  by  Country 121
9.2.1  Overview  of  North  America  Market 121
9.2.2  U.S. 127
9.2.3  Canada 130
9.2.4  Mexico 132
9.3  European  Market  2022-2032  by  Country 134
9.3.1  Overview  of  European  Market 134
9.3.2  Germany 140
9.3.3  U.K. 142
9.3.4  France 144
9.3.5  Spain 146
9.3.6  Italy 148
9.3.7  Russia 150
9.3.8  Rest  of  European  Market 152
9.4  Asia-Pacific  Market  2022-2032  by  Country/Region 154
9.4.1  Overview  of  Asia-Pacific  Market 154
9.4.2  Japan 160
9.4.3  China 163
9.4.4  Australia 165
9.4.5  India 167
9.4.6  South  Korea 169
9.4.7  Rest  of  APAC  Region 171
9.5  South  America  Market  2022-2032  by  Country 173
9.5.1  Argentina 179
9.5.2  Brazil 181
9.5.3  Chile 183
9.5.4  Rest  of  South  America  Market 185
9.6  MEA  Market  2022-2032  by  Country 186
9.6.1  Israel 192
9.6.2  Saudi  Arabia 194
9.6.3  South  Africa 196
9.6.4  Other  National  Markets 198
10  Competitive  Landscape 199
10.1  Overview  of  Key  Vendors 199
10.2  New  Product  Launch,  Partnership,  Investment,  and  M&A 204
10.3  Company  Profiles 207
AlterG  Inc. 207
Atoun  Inc. 209
Axosuits  SRL 210
Bionik  Laboratiories  Corp. 211
B-Temia  Inc. 212
Cyberdyne  Inc. 213
DIH  Technologies  Corporation 214
Ekso  Bionics  Holdings  Inc. 215
Gogoa  Mobility  Robots  SL 216
Hocoma  AG 217
Honda  Motor  Co.,  Ltd. 218
Innophys  Co.,  Ltd. 219
Japet  Medical  Devices 220
Lockheed  Martin  Corp. 221
Marsi  Bionics,  S.L. 222
Myomo  Inc. 223
Panasonic  Holdings  Corp. 224
Parker-Hannifin  Corp. 225
ReWalk  Robotics  Inc. 226
Rex  Bionics  Ltd. 227
US  Bionics  Inc.  (Suitx) 228
Wearable  Robotics  SRL 229
RELATED  REPORTS 230
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