Medical Exoskeleton Market Scope and Analysis by 2031
Medical Exoskeleton Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 374.91 million |
Market Size by 2031 | US$ 3,206.74 million |
Global CAGR (2023 - 2031) | 30.8% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Drive Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Medical Exoskeleton Market News and Recent Developments
The medical exoskeleton market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the medical exoskeleton market are listed below:
- Ekso Bionics acquired the Human Motion and Control business unit from Parker Hannifin Corporation, a global leader in motion and control technologies. The acquisition includes the Indego lower limb exoskeleton line of products and the planned development of robotic-assisted orthotic and prosthetic devices. The acquisition expands Ekso’s product offering across the continuum of care to home and community use markets, expands the company’s product pipeline, and enhances strategic relationships with key commercial and research partners. (Source: Ekso Bionics Holdings Inc, Company Website, December 2022)
- ReWalk Robotics Ltd. unveiled its new corporate name, Lifeward Inc., a global market leader delivering life-changing solutions to revolutionize what is possible in rehabilitation, recovery, and pursuing life’s passions in the face of physical limitation or disability. The transformation of ReWalk Robotics into Lifeward focuses on the broader goal of the company to be the driving force to elevate the standard of care in overcoming physical limitations and disabilities. (Source: Lifeward, Inc, Company Website, January 2024)
Medical Exoskeleton Market Report Coverage and Deliverables
The “Medical Exoskeleton Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Medical exoskeleton market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Medical exoskeleton market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Medical exoskeleton market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the medical exoskeleton market
- Detailed company profiles