Skip to main content

Global Exoskeletons Market to Gain Impetus from High Clinical Efficacy of Exoskeletons, says Fortune Business Insights

Written by Customer Service on . Posted in Mergers And Acquisitions.

Companies profiled in the global exoskeletons market are Cyberdyne Inc., Ekso Bionics, Ottobock, Parker Hannifin Corp., Comau, Lockheed Martin, SkelEx, Lowe’s Innovation Lab, Daewoo Shipbuilding & Marine Engineering and others

Pune, March 04, 2022 (GLOBE NEWSWIRE) — The global Exoskeleton Market is likely to expand in the coming years, due to applications of exoskeleton across diverse industries. According to a report by Fortune Business Insights, titled “Exoskeleton Systems Market Size, Share and Global Trend By Component (Hardware & Software), By Type (Powered & Passive) Exoskeleton, By Mobility (Stationary & Mobile) By Body Part (Lower, Upper, Full Body), By Industry Vertical (Healthcare, Defence, Industrial) and Geography Forecast till 2022-2029,” the market will witness growth in the coming years, with impetus from recent technological advancements.

Exoskeleton systems are wearable devices used by labourers and related personal in an industrial workplace. The exoskeleton system is used to enhance tasks which are carried out manually. These operations mostly require industrial robots for their functioning due to the high accuracy that is involved. Exoskeletons are used to amplify thee human operations. Exoskeletons are also called as robotic suits or powered armour, owing to their exceptional accuracy in enhancing manual labour.

Request a Sample Copy of Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/exoskeleton-systems-market-100205

Companies involved in the global Exoskeleton Market research report are:

  • Cyberdyne Inc.
  • Ekso Bionics
  • Ottobock
  • Parker Hannifin Corp.
  • Comau
  • Lockheed Martin
  • SkelEx
  • Lowe’s Innovation Lab
  • Daewoo Shipbuilding
  • Marine Engineering etc

Exoskeleton Market Forecast:

  • Market Size Forecast: Global Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
  • Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price.

Click here to get the short-term and long-term impact of COVID-19 on this market.

Please visit: https://www.fortunebusinessinsights.com/industry-reports/exoskeleton-systems-market-100205

Increasing Demand from Medical Industry Provokes Several Regulatory Clearances

The exoskeleton is witnessing a high demand in the medical industry, due to uses such as enhanced mobility, restoring movements for people with disabilities, and other such applications. Encouraged by increasing usage approvals, companies are investing more towards research and development of exoskeletons, across the world. In 2019, Rewalk Robotics received CE (European Conformity) mark for its Exosuit Restore. The device was useful in assisting people with walking disabilities. The long awaited approval has cleared the sale of Exosuit Restore o rehabilitation clinics within Europe. The product was manufactured in collaboration with the Wyss Institute in Harvard. The Restore Exosuit is an algorithm based and data –driven device that is used to enhance gait training. The company announced that stock prices soared, soon after the launch of this product. The impact of this device on the business go-about of this company gives clear indications that the Exosuit Restore was welcomed positively by the end users. The clearance for Exosuit Restore will boost the global exoskeleton market in the coming years and is likely to favor growth of the market in the coming years.

Key Industry Development

In March 2017, Ottobock acquired BionX Medical Technologies (US), a manufacturer of active prosthetic foot and ankle solutions. In January 2018, the new CDX joint Exoskeleton was developed to boost the productivity and promote faster movements.

Speak to Our Analyst: https://www.fortunebusinessinsights.com/enquiry/queries/exoskeleton-systems-market-100205

Geographical Regions covered in the report are:

  • North America (USA and Canada)
  • Europe (UK, Germany, France and the rest of Europe)
  • Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
  • Latin America (Brazil, Mexico, and the rest of Latin America)
  • Middle East and Africa (GCC and rest of the Middle East and Africa)

Clinical Efficacy of Exoskeletons Will Create High Demand

Conventionally, people with physical disabilities at the lower half of their bodies used wheelchairs to support movement and commutation. Although wheelchairs sufficed the needs of commute, there were several challenges associated with their use. Some of the imitations were uneven surfaces, climbing and going down the stairs. It was seen that exoskeletons hugely helped overcome these challenges. The increasing efficacy, ease of use, and reducing cost of exoskeletons have to an increase in demand. The increasing demand will have a positive impact on the global exoskeletons market in the forthcoming years.

In the report, Fortune Business Insights assesses several companies that are involved in development of exoskeletons, from across the world. Fortune Business Insights provides a detailed study on various product launches, mergers and acquisitions (M&A), and market entrants in the global exoskeletons market.

Influencing Factors:

  • Market Environment: Government Policies, Technological Changes, Market Risks.
  • Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.

Exoskeleton Market Historic Data:

  • Industry Trends: Global Revenue, Status, and Outlook.
  • Market Segment: By Types, By Applications, By Regions/ Geography.
  • Competitive Landscape: By Manufacturers, Development Trends.
  • Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
  • Sales Revenue: Market Share, Growth Rate, Current Market Analysis.

Pre-Book Exoskeletons Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/100205

Table of Content:

  1. Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  2. Executive Summary
  3. Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  4. Key Insights
    • Value Chain
    • Key Mergers, Acquisitions, Partnerships, etc.
    • Covid-19 Impact on the Market

TOC Continued…!

Have A Look at Other Related Reports:

Cyber Security Market Size, Share & COVID-19 Impact Analysis, By Component (Solution and Services), By Deployment Type (Cloud and On-Premise), By Enterprise Size (Small & Medium Enterprise and Large Enterprise), By Industry (BFSI, IT and Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, Energy and Utilities and Others) and Region Forecast, 2021-2028

Big Data Analytics Market Size, Share and Covid-19 Impact Analysis, By Component (Software, Hardware, and Services), By Application (Data Discovery and Visualization, Advanced Analytics, and Others), By Vertical (BFSI, Government, Retail, Manufacturing, IT & Telecom, Healthcare and Life Sciences, and Others), and Regional Forecast, 2021-2028

Process Mining Software Market Size, Share & COVID-19 Impact Analysis, By Type (Cloud-base, and On-premises), By Enterprise Size (Large Enterprises and Small & Medium Enterprises), By End User (BFSI, Healthcare, Retail, Manufacturing, IT and Telecommunication, Logistics and Transportation, and Others), and Regional Forecast, 2021-2028

Video Streaming Market Size, Share & COVID-19 Impact Analysis, By Component (Hardware, Software, Content Delivery Services), By Streaming Type (Live Video Streaming, On-demand Video Streaming), By Streaming Model (Advertisement-based, Subscription-based, Transactional-based/Rental), By Deployment (On-Premise, Cloud), By End-Use (Commercial, Residential), and Regional Forecast, 2021-2028

Robotic Process Automation Market Size, Share & COVID-19 Impact Analysis, By Deployment (On-Premises, Cloud), By Operation (Rule-Based, Knowledge-Based), By Application (Administration and reporting, Customer Support, Data Migration & Capture Extraction, Analysis, Others), By Industry (Retail, Manufacturing and Logistics Industry, BFSI, Healthcare, IT and Telecom, Hospitality, Others) and Regional Forecasts, 2021-2028

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
9th Floor, Icon Tower,
Baner – Mahalunge Road,
Baner, Pune-411045, Maharashtra, India.

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: sales@fortunebusinessinsights.com

LinkedIn: https://www.linkedin.com/company/fortune-business-insights

Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.