The global exoskeleton robotics market is expected to experience significant growth between 2023 and 2030. The market has been steadily growing, and with the adoption of strategies by key players, it is projected to rise even further in the coming years. The COVID-19 pandemic has had an impact on the market, but it is estimated to recover and reach a revised size of millions by 2028 with a substantial CAGR during the forecast period.
The healthcare, defense, and industrial sectors are the key areas driving the growth of the exoskeleton robotics market. The demand for exoskeleton robotics in these applications has been increasing globally. Lower, upper, and full-body exoskeleton robotics are the major types available in the market, with lower exoskeleton robotics holding the largest market share in 2023.
North America and Europe are leading the exoskeleton robotics market, with the Asia-Pacific region also showing significant growth. Countries like Japan and South Korea are notable markets in Asia, with a projected CAGR for the next six years.
Major manufacturers in the global exoskeleton robotics market include Cyberdyne, Hocoma, ReWalk Robotics, Ekso Bionics, and Parker Hannifin. These companies hold a significant market share in terms of revenue.
The research report on the exoskeleton robotics market provides insights into the factors driving its growth, including the increasing demand in various sectors. It also analyzes the market trends, applications, and volume of production by region and type. The report includes pricing analysis, market restraints, and strategic planning to capitalize on market opportunities.
In conclusion, the future of the exoskeleton robotics market looks promising. With the demand for exoskeleton robotics growing in healthcare, defense, and industrial applications, the market is expected to witness significant growth in the coming years.
Sources:
– “Exoskeleton Robotics Market” Market Size, Share and Industry Trends Analysis Report By Applications (Healthcare, Defense, Industrial), Types (Lower, Upper, Full Body), By Regional Outlook and Forecast, 2023-2030. Precision Reports
– Exoskeleton Robotics Market Research/Analysis Report. Precision Reports