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Exoskeleton Robots Market Outlook 2017-2026 | Hocoma, Interactive Motion Technologies, Parker Hannifin Corporation, Toyota Motor Corporation, Ekso Bionics, Daewoo Shipbuilding & Marine Engineering Co., Ltd, Honda Motor Co., Ltd., Panasonic, Lockheed Marti
Increasing demand from the healthcare industry for robotic rehabilitation and technology advancements in robotics are some of the key factors propelling market growth. However, the high buying price of mechanical exoskeletons and strict governmental regulations are hindering the growth of the market.Exoskeletons are generally utilized at rehabilitation centers for therapies and are used by people with disability for personal help. Rehabilitation robotic systems consist of prosthetics exoskeletons, orthotics, and assistive robots. By Product Function, Lower body exoskeleton is a robotic tool that fixes to the lower body. Its intention is to balance the consumer's strength by adding additional force to the user's lower extremity physical activities. These products are used to restore movement of disabled persons.
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By Geography, North America is anticipated to dominate the market due to huge demand from healthcare and military applications. The Asia Pacific is the fastest-growing market owing to rising expenditure on healthcare and awareness about industrial robotics in the manufacturing area.
Some of the key players in Exoskeleton Robots market include Rex Bionics Plc, ReWalk Robotics, Cyberdyne Inc., AlterG, Inc., Hocoma, Interactive Motion Technologies, Parker Hannifin Corporation, Toyota Motor Corporation, Ekso Bionics, Daewoo Shipbuilding & Marine Engineering Co., Ltd, Honda Motor Co., Ltd., Panasonic, Lockheed Martin, Sarcos Robotics, Bionik Laboratories Corp. and Myomo.
Mobility Types Covered:
- Stationary Exoskeletons
- Mobile Exoskeletons
- Tethered Exoskeletons
Product Functions Covered:
- Lower body Exoskeletons
- Upper body Exoskeletons
- Full body Exoskeletons
Power Technologies Covered:
- Passive Exoskeletons
- Active Exoskeletons
End Users Covered:
- Construction
- Military
- Healthcare
- Industrial
- Logistics
- Manufacture
- Civilian
- Rehabilitation
- Other End Users
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