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Global Exoskeleton Market Growth, Demand, Size, Share, Analysis and Forecast, 2023-2030

  • Report ID: 64322
  • Date: May, 2023
  • Pages: 110
  • Category: Healthcare & Pharmaceuticals

Global Exoskeleton Market Analysis and Forecast, 2023-2030

The global exoskeleton market is expected to grow at a CAGR of 25.8% over the forecast period of 2023-2030.

Market Scope & Overview

The global exoskeleton market study by Altus Market Research comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the global market for the historical period of 2019-2022 and the forecast period of 2023-2030 based on the product installed base, key forecasting factors impacting the market conditions, and major market developments happening in the market throughout the analysis period. Altus Market Research practices primary and secondary research for conducting an insightful market study. Various market parameters such as macroeconomic conditions, market environment, government policies, and competitive landscape are thoroughly studied and taken into account while analyzing the market.

The global exoskeleton market report also covers value chain and supply chain analysis that provides in-depth information about the value addition at each stage of the product. Market dynamics incorporated in the market study include drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period.

The market study also covers the pricing analysis of each product based on its types and regions.
The global exoskeleton market includes a market share analysis and market structure overview with detailed company profiling of leading players with their financials, product offerings, major developments, etc. This enables, clients and report buyers to make strong, precise, and timely decisions.

State of Global Economy, COVID-19 Outbreak, and the Russo-Ukraine War Impact

The global economy experienced heavy headwinds, throughout 2019-2022, as some countries witnessed subdue growth, while other countries continued to grapple with economic slowdowns. Also, intensifying tension between the US and Iran along with the tightening sanctions on Venezuela by the US further hampered global economic growth in 2019. Moreover, the heightened trade war between the US and China and the rising trade uncertainty continued to exert adverse effects on the global economy. Amid all these, the COVID-19 outbreak at the end of the year 2019 in Wuhan, China further deteriorated global economic growth.

The COVID-19 pandemic has levied undue pressure across the majority of industries globally and has caused a major economic crisis in the US, India, Italy, UK, Germany, India, Japan, South Korea, the UK, and many others. Many of these countries had announced partial or complete nationwide lockdowns. The governments of several nations have called on people to shelter in place at home, travel restrictions, shut down local businesses, and prohibited social gatherings.

The rapid spread of the virus in the early month of 2020 followed by a second wave of COVID-19 caused a significant change in management strategies of the leading industries which have affected the market or industry at a significant level. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine war in 2022 exacerbated the ever-heightened global uncertainty.

Key Market Segmentation and Companies

Altus Market Research has segmented the global exoskeleton market based on type, component, mobility, body part, end user, and region.
• By Type
o Powered
o Passive
• By Component
o Hardware
o Software
• By Mobility
o Stationary
o Mobile
• By Body Part
o Lower Extremities
o Upper Extremities
o Full Body
• By End User
o Healthcare
o Defense
o Industrial
• By Region
o North America
 US
 Canada
o Latin America
 Brazil
 Mexico
 Rest of Latin America
o Western Europe
 Germany
 UK
 France
 Spain
 Italy
 Benelux
 Nordic
 Rest of Western Europe
o Eastern Europe
 Russia
 Poland
 Rest of Eastern Europe
o Asia Pacific
 China
 Japan
 India
 South Korea
 Australia
 ASEAN (Indonesia, Vietnam, Malaysia, etc.)
 Rest of Asia Pacific
o Middle East & Africa
 GCC
 South Africa
 Turkey
 Rest of the Middle East & Africa



Leading Companies and Market Players


o Ottobock SE & Co. KGaA (Germany)
o DIH Medical (China)
o Cyberdyne Inc. (Japan)
o Ekso Bionics Holdings Inc. (US)
o Lockheed Martin Corporation (US)
o U.S.BIONICS INC (SuitX) (US)
o Parker Hannifin Corporation (US)
o Myomo Inc.(US)
o ReWalk Robotics, Inc. (US)
o ATOUN Inc.(Japan)
o BIONIK Inc.(Canada)
o B-Temia Inc.(Canada)
o MediTouch Ltd.(Israel)

Global Exoskeleton Market Analysis and Forecast 2023-2030

Table of Contents

1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2023
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter’s Five Forces Analysis
7. Government Laws and Industry Regulations
8. Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. Pricing Analysis
9.1. By Type
9.1.1. Powered
9.1.2. Passive
9.2. By Component
9.2.1. Hardware
9.2.2. Software
9.3. By Mobility
9.3.1. Stationary
9.3.2. Mobile
9.4. By Body Part
9.4.1. Lower Extremities
9.4.2. Upper Extremities
9.4.3. Full Body
9.5. By End User
9.5.1. Healthcare
9.5.2. Defense
9.5.3. Industrial
10. Technological Assessment
10.1. 4D materials for Exosuits
10.2. Human Universal Load Carrier (HULC)
10.3. Functional electrical stimulation (FES)
11. Parent Market Overview:
11.1. Global Robotics Market
11.2. Global Medical Devices market
12. Segmental Analysis
12.1. Global Exoskeleton Market by Type
12.1.1. Segment Overview
12.1.1.1. Powered
12.1.1.2. Passive
12.2. Global Exoskeleton Market by Component
12.2.1. Segment Overview
12.2.1.1. Hardware
12.2.1.2. Software
12.3. Global Exoskeleton Market by Mobility
12.3.1. Segment Overview
12.3.1.1. Stationary
12.3.1.2. Mobile
12.4. Global Exoskeleton Market by Body part
12.4.1. Segment Overview
12.4.1.1. Lower Extremities
12.4.1.2. Upper Extremities
12.4.1.3. Full Body
12.5. Global Exoskeleton Market by End User
12.5.1. Segment Overview
12.5.1.1. Healthcare
12.5.1.2. Defense
12.5.1.3. Industrial
12.6. Global Exoskeleton Market by Region
12.6.1. North America
12.6.2. Latin America
12.6.3. Western Europe
12.6.4. Eastern Europe
12.6.5. Asia Pacific
12.6.6. Middle East & Africa
13. Regional Analysis
13.1. North America Exoskeleton Market Analysis and Forecast 2023-2030
13.1.1. Regional Market Overview and Key Takeaways
13.1.2. North America Exoskeleton Market by Type
13.1.3. North America Exoskeleton Market by Component
13.1.4. North America Exoskeleton Market by Mobility
13.1.5. North America Exoskeleton Market by Body part
13.1.6. North America Exoskeleton Market by End User
13.1.7. North America Exoskeleton Market by Country
13.1.7.1. US
13.1.7.2. Canada
13.2. Latin America Exoskeleton Market Analysis and Forecast 2023-2030
13.2.1. Regional Market Overview and Key Takeaways
13.2.2. Latin America Exoskeleton Market by Type
13.2.3. Latin America Exoskeleton Market by Component
13.2.4. Latin America Exoskeleton Market by Mobility
13.2.5. Latin America Exoskeleton Market by Body Part
13.2.6. Latin America Exoskeleton Market by End User
13.2.7. Latin America Exoskeleton Market by Country
13.2.7.1. Brazil
13.2.7.2. Mexico
13.2.7.3. Rest of Latin America
13.3. Western Europe Exoskeleton Market Analysis and Forecast 2023-2030
13.3.1. Regional Market Overview and Key Takeaways
13.3.2. Western Europe Exoskeleton Market by Type
13.3.3. Western Europe Exoskeleton Market by Component
13.3.4. Western Europe Exoskeleton Market by Mobility
13.3.5. Western Europe Exoskeleton Market by Body Part
13.3.6. Western Europe Exoskeleton Market by End User
13.3.7. Western Europe Exoskeleton Market by Country
13.3.7.1. Germany
13.3.7.2. UK
13.3.7.3. France
13.3.7.4. Spain
13.3.7.5. Italy
13.3.7.6. Benelux
13.3.7.7. Nordic
13.3.7.8. Rest of Western Europe
13.4. Eastern Europe Exoskeleton Market Analysis and Forecast 2023-2030
13.4.1. Regional Market Overview and Key Takeaways
13.4.2. Eastern Europe Exoskeleton Market by Type
13.4.3. Eastern Europe Exoskeleton Market by Component
13.4.4. Eastern Europe Exoskeleton Market by Mobility
13.4.5. Eastern Europe Exoskeleton Market by Body Part
13.4.6. Eastern Europe Exoskeleton Market by End User
13.4.7. Eastern Europe Exoskeleton Market by Country
13.4.7.1. Russia
13.4.7.2. Poland
13.4.7.3. Rest of Eastern Europe
13.5. Asia Pacific Exoskeleton Market Analysis and Forecast 2023-2030
13.5.1. Regional Market Overview and Key Takeaways
13.5.2. Asia Pacific Exoskeleton Market by Type
13.5.3. Asia Pacific Exoskeleton Market by Component
13.5.4. Asia Pacific Exoskeleton Market by Mobility
13.5.5. Asia Pacific Exoskeleton Market by Body Part
13.5.6. Asia Pacific Exoskeleton Market by End User
13.5.7. Asia Pacific Exoskeleton Market by Country
13.5.7.1. China
13.5.7.2. Japan
13.5.7.3. India
13.5.7.4. South Korea
13.5.7.5. Australia
13.5.7.6. ASEAN
13.5.7.7. Rest of Asia-Pacific
13.6. Middle East & Africa Exoskeleton Market Analysis and Forecast 2023-2030
13.6.1. Regional Market Overview and Key Takeaways
13.6.2. Middle East & Africa Exoskeleton Market by Type
13.6.3. Middle East & Africa Exoskeleton Market by Component
13.6.4. Middle East & Africa Exoskeleton Market by Mobility
13.6.5. Middle East & Africa Exoskeleton Market by Body Part
13.6.6. Middle East & Africa Exoskeleton Market by End User
13.6.7. Middle East & Africa Exoskeleton Market by Country
13.6.7.1. GCC
13.6.7.2. South Africa
13.6.7.3. Turkey
13.6.7.4. Rest of the Middle East & Africa
14. Competitive Landscape
14.1. Competition Dashboard
14.1.1. Global and Regional Market Share Analysis
14.1.2. Market Structure
14.2. Competitive Benchmarking
14.3. Key Strategy Analysis
14.4. Company Profiles
14.4.1. Ottobock SE & Co. KGaA
14.4.1.1. Company Overview
14.4.1.2. Product/Service Offerings
14.4.1.3. Financials
14.4.1.4. Recent Developments
14.4.2. DIH Medical
14.4.2.1. Company Overview
14.4.2.2. Product/Service Offerings
14.4.2.3. Financials
14.4.2.4. Recent Developments
14.4.3. Cyberdyne Inc.
14.4.3.1. Company Overview
14.4.3.2. Product/Service Offerings
14.4.3.3. Key Financials
14.4.3.4. Recent Developments
14.4.4. Ekso Bionics Holdings Inc.
14.4.4.1. Company Overview
14.4.4.2. Product/Service Offerings
14.4.4.3. Key Financials
14.4.4.4. Recent Developments
14.4.5. Lockheed Martin Corporation
14.4.5.1. Company Overview
14.4.5.2. Product/Service Offerings
14.4.5.3. Financials
14.4.5.4. Recent Developments
14.4.6. U.S.BIONICS INC (SuitX)
14.4.6.1. Company Overview
14.4.6.2. Product/Service Offerings
14.4.6.3. Financials
14.4.6.4. Recent Developments
14.4.7. Parker Hannifin Corporation
14.4.7.1. Company Overview
14.4.7.2. Product/Service Offerings
14.4.7.3. Financials
14.4.7.4. Recent Developments
14.4.8. Myomo Inc.
14.4.8.1. Company Overview
14.4.8.2. Product/Service Offerings
14.4.8.3. Financials
14.4.8.4. Recent Developments
14.4.9. ReWalk Robotics, Inc.
14.4.9.1. Company Overview
14.4.9.2. Product/Service Offerings
14.4.9.3. Financials
14.4.9.4. Recent Developments
14.4.10. ATOUN Inc.
14.4.10.1. Company Overview
14.4.10.2. Product/Service Offerings
14.4.10.3. Financials
14.4.10.4. Recent Developments
14.4.11. BIONIK Inc.
14.4.11.1. Company Overview
14.4.11.2. Product/Service Offerings
14.4.11.3. Financials
14.4.11.4. Recent Developments
14.4.12. B-Temia Inc.
14.4.12.1. Company Overview
14.4.12.2. Product/Service Offerings
14.4.12.3. Financials
14.4.12.4. Recent Developments
14.4.13. MediTouch Ltd.
14.4.13.1. Company Overview
14.4.13.2. Product/Service Offerings
14.4.13.3. Financials
14.4.13.4. Recent Developments
A comprehensive list of exoskeleton brands/manufacturers by country will be provided along with geographical reach, employee count, revenue, product capacities, and their capabilities.
15. Disclaimer





List of Figures

Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.

In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.

This research methodology has been segmented into following types:

Primary Research:

It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.

Secondary Research:

The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.

Qualitative Research:

It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.

Quantitative Research:

It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.

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