Wearable Exoskeletons Market Is Expected To Reach Nearly US$ 3,991 Million By 2032

Wearable Exoskeletons Market

The Wearable Exoskeletons Industry sales study offers a comprehensive analysis on diverse features including production capacities, Wearable Exoskeletons demand, product developments, sales revenue generation and Wearable Exoskeletons market outlook across the globe.

market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Wearable Exoskeletons market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments

The global wearable exoskeleton market is poised to generate highly lucrative gains and surge ahead at an astonishing CAGR of over 30% from 2022 to 2032, with growth largely reliant on future technological innovations and product developments.

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The readability score of the Wearable Exoskeletons market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.

The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.

This Wearable Exoskeletons market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Wearable Exoskeletons along with key stakeholders as well as emerging players associated with the manufacturing of product.

The Key trends Analysis of Extended Wearable Exoskeletons market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.

Key Companies Profiled

  • EksoBionics
  • ReWalkRobotics
  • Bionik, Inc.
  • Cyberdyne Inc.
  • Rex Bionics Ltd.
  • HocomaAG
  • Wearable Robotics S.r.L
  • Fourier Intelligence
  • FREE Bionics Taiwan Inc.
  • Innophys Co., Ltd.
  • Medexo Robotics

Competitive Landscape

Increasing product functionality is a key factor for the growing demand for smart exoskeletons. Therefore, market players are increasing their R&D spending in order to launch new products in the market. Furthermore, both acquisitions & mergers, collaborations, and regulatory approvals are also crucial components of effective growth.

  • In March 2021, ReWalk Robotics signed an agreement with BKK Mobil Oil Insurance to provide its ReWalk Personal Exoskeleton devices to eligible beneficiaries suffering from spinal cord injuries. With this agreement, users can receive a ReWalk Personal 6.0 exoskeleton and remain mobile at home.
  • In 2021, Shanghai-based Fourier Intelligence inked a MoU with the National Healthcare Group (NHG), Singapore, to co-develop rehabilitation technology and robotic innovations. The aim of this partnership is to use clinical expertise and translational research capabilities to disburse more effective rehabilitation care to patients.

Key Segments Covered in Wearable Exoskeletons Industry Report

  • By Product
    • Rigid Smart Exoskeletons
    • Soft Smart Exoskeletons
  • By Extremity
    • Lower Extremity Exoskeletons
    • Upper Extremity Exoskeletons
    • Full-body Extremity Exoskeletons
  • By Application
    • Rehabilitation
    • Pick & Carry
    • Other Applications
  • By End User
    • Industrial Use
    • Healthcare
    • Military
    • Other End Users

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