Emergen Research's Comprehensive Global Medical Exoskeleton Market Research Report, added to its ever-expanding collection, contains insights into the Medical Exoskeleton Market and its key components. Accurately predicting the keyword market for the coming years, the report looks at both the current situation and past data. In addition, the report provides a comprehensive assessment of the factors that are likely to support or hinder market expansion in the coming years. The overall impact of the pandemic on the Medical Exoskeleton Market and its key segments is comprehensively estimated in the report. In addition, the report discusses the impact of the pandemic on different market sectors. Additionally, it provides an assessment of the current and future impact of the pandemic on the keyword market. The report is the result of extensive primary and secondary research and has been compiled with the aim of giving readers and businesses a competitive edge over their industry peers. The report provides insights into the industry's growth factors Medical Exoskeletons, opportunities, lucrative business prospects, promising growth areas, and estimated growth rates through 2030. Aside from revenue growth drivers & restraints, production & consumption patterns, changing consumer preferences, and stringent regulatory standards, this report also examines other key aspects of regional markets. As per the report, the current pandemic is one of the major contributing elements for the potential decline of the market in the coming years. The business sector has been drastically affected by the pandemic, which has adversely altered the market dynamics and demand trends. Financial difficulties brought by the pandemic have delayed the progress rate of various businesses and disrupted the global supply chains.
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 report further divides the Medical Exoskeleton market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Medical Exoskeleton market.
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report also studies the key companies of the Medical Exoskeleton market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.
Some players analyzed in the report are:
Cyberdyne Inc., Ekso Bionics, ReWalk Robotics, Bionik, Rex Bionics Ltd., Parker Hannifin Corp., B-Temia, Bioventus, Hocoma, and Wearable Robotics srl
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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.
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
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Medical Exoskeleton market?
What are the key product types and applications of the Medical Exoskeleton industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Medical Exoskeleton market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Medical Exoskeleton Market by 2027?
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