Press release
Smart Exoskeleton Market Outlook to 2025 by key players ATOUN, BIONIK, CYBERDYNE, Ekso Bionics, Honda Motor, ReWalk Robotics, Rex Bionics, Sarcos Corp., Technaid and U.S. Bionics
The global smart exoskeleton market was valued at $125.6 million in 2017, and is projected to reach $1,896.8 million by 2025, registering a CAGR of 41.3% from 2018 to 2025. Increased demand in gait rehabilitation and surge in demand for elderly safety body parts are the factors expected to drive the growth of the smart exoskeleton market during the forecast period. However, affordability issues are anticipated to restrain the market growth.The key players analyzed in this report are ATOUN Inc., BIONIK, CYBERDYNE, INC., Ekso Bionics, Honda Motor Co., Ltd., ReWalk Robotics, Rex Bionics Ltd., Sarcos Corp., Technaid. S.L., and U.S. Bionics, Inc.
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Further the global smart exoskeleton market is segmented based on component, type, body part, region. On the basis of component, the market is fragmented into sensors, actuators, power source, control system, and others. By type, it is classified into upper body, lower body, and full body. Depending on body part, it is classified as industries, healthcare, military and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
North America dominated the market, followed by Europe. Increase in health needs across North America and rise in number of demand from paraplegics have significantly contributed toward the growth of the smart exoskeleton market in this region.
Key Findings of the Smart Exoskeleton Market:
Based on component, the actuators segment led the global smart exoskeleton market in 2017.
North America is expected to account for the highest revenue in the global market throughout the forecast period.
By application, the healthcare segment dominated the market in 2017.
Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
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Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Global Smart Exoskeleton Market, By Component
Chapter 5: Smart Exoskeleton Market, By Type
Chapter 6: Smart Exoskeleton Market, By Body Part
Chapter 7: Smart Exoskeleton, By Region
Chapter 8: Company Profile
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