Exoskeleton Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Exoskeleton Market: By Mobility (Mobile, Fixed/Stationary) Technology (Powered, Non-powered) Extremity (Upper Body, Lower Body, Full Body) End User (Healthcare, Military, Industrial) and Geography

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Report

Description

Exoskeleton Market size is valued at USD 512.8 million in 2021 and is expected to reach a value of USD 1,816.1 million by 2028, growing at a CAGR of 19.8% during the forecast period 2022 to 2028. The global market provides a detailed overview of the exoskeleton market and that can be segmented by mobility, technology, extremity, and end-user. By mobility, the exoskeleton market has been segmented into mobile and fixed/stationary. The mobile segment is likely to be the largest and fastest-growing segment in terms of mobility. Based on technology, the exoskeleton market is segmented into powered and non-powered.  Among these, the powered segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on an extremity, the exoskeleton market is segmented into upper body, lower body, and full body. The upper body segment accounts for the largest share in 2021. The full body segment has the second-largest share during the forecast period 2021-2028. By end-user, the market is segregated into healthcare, military and industrial. The healthcare segment accounted large market share during the estimated period.

Key Developments:

In Jun 2020, Ekso Bionics has acquired FDA approval for the clinical use of the EksoNR robotic exoskeleton in patients with Acquired Brain Injury (ABI).

Exoskeleton Market

MARKET SUMMARY
-
19.8% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 19.8%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market–  North America

Exoskeleton Market

  • The Exoskeleton Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The Exoskeleton Market is segmented based on By Mobility, By Technology, Extremity, End user and Geography.
Key Players
  • ATOUN. (Japan)
  • BIONIK (Canada)
  • B-Temia (Canada)
  • CYBERDYNE (Japan)
  • DIH Medical (China)
  • Ekso Bionics. (US)
DRIVERS

Exoskeleton Market

Exoskeleton market expansion is being aided by increased adoption rates of exoskeletons in the military and industrial sectors. Systems are custom fit according to body parts in these industries and are built of fiberglass, carbon fiber, or aluminum, depending on the strength necessary. Furthermore, they effectively support numerous joints and detect human movements to start suitable exoskeleton actuator responses, increasing product demand in the military and industrial sectors.


Asia Pacific Market Got Significant Share

Exoskeleton Market

By region, the Asia Pacific market is expected to witness the highest market share during the forecast period. The usage of exoskeletons for rehabilitation and personal support applications is expected to rise dramatically in APAC, as the population of elderly and disabled people grows. Furthermore, as APAC is a manufacturing powerhouse for a variety of industries, rising industrial automation in the region would drive up demand for exoskeletons.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The exoskeleton market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The exoskeleton market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The exoskeleton market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The exoskeleton market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The exoskeleton market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Exoskeleton Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The Exoskeleton Market is projected to expand at a CAGR of 19.8% during the forecast period.

The major players in the global exoskeleton market are ATOUN. (Japan), BIONIK (Canada), B-Temia (Canada), CYBERDYNE (Japan), DIH Medical (China), Ekso Bionics. (US), Lockheed Martin Corporation (US), MediTouch (Israel), Ottobock (Germany) and ReWalk Robotics (US).

North America is the fastest-growing region for Exoskeleton Market


Report

Table Of Content

1. Executive Summary
2. Global Exoskeleton Market Introduction
2.1. Global Exoskeleton Market – Taxonomy
2.2. Global Exoskeleton Market –Definitions
2.2.1. By Mobility
2.2.2. By Technology
2.2.3. By Extremity
2.2.4. By End User
2.2.5. By Region
3. Global Exoskeleton Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Exoskeleton Market Dynamic Factors – Impact Analysis
3.6. Global Exoskeleton Market – Competition Landscape
4. Global Exoskeleton Market Analysis,2017-2021 and Forecast, 2022-2028
4.1. Market Analysis,2017-2021 and Forecast, 2022-2028(Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Exoskeleton Market, By Mobility, 2017-2021and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Mobile
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) nalysis (%) and Market Share Analysis (%)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Fixed/Stationary
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Exoskeleton Market, By Technology, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. Powered
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Non-powered
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global Exoskeleton Market, By Extremity, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Upper Body
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Lower Body
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Full Body
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Exoskeleton Market, By End User, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. Healthcare
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Military
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Industrial
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Others
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
9. Global Exoskeleton Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Exoskeleton Market – Opportunity Analysis Index, By Mobility, Technology, Extremity, End User, and Region, 2022-2028
10. North America Exoskeleton Market Analysis,2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
10.1. Mobility Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Mobile
10.1.2. Fixed/Stationary
10.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Powered
10.2.2. Non-powered
10.3. Extremity Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Upper Body
10.3.2. Lower Body
10.3.3. Full Body
10.4. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Healthcare
10.4.2. Military
10.4.3. Industrial
10.4.4. Others
10.5. Country Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Exoskeleton Market – Opportunity Analysis Index, By Mobility, Technology, Extremity, End User, and Country, 2022-2028
10.7. North America Exoskeleton Market Dynamics – Trends
11. Europe Exoskeleton Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
11.1. Mobility Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Mobile
11.1.2. Fixed/Stationary
11.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Powered
11.2.2. Non-powered
11.3. Extremity Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Upper Body
11.3.2. Lower Body
11.3.3. Full Body
11.4. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Healthcare
11.4.2. Military
11.4.3. Industrial
11.4.4. Others
11.5. Country Analysis 2017-2021and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Rest of Europe
11.6. Europe Exoskeleton Market – Opportunity Analysis Index, By Mobility, Technology, Extremity, End User, and Country, 2022-2028
11.7. Europe Exoskeleton Market Dynamics – Trends
12. Asia-Pacific Exoskeleton Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
12.1. Mobility Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Mobile
12.1.2. Fixed/Stationary
12.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Powered
12.2.2. Non-powered
12.3. Extremity Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Upper Body
12.3.2. Lower Body
12.3.3. Full Body
12.4. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Healthcare
12.4.2. Military
12.4.3. Industrial
12.4.4. Others
12.5. Country Analysis2017-2021and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. China
12.5.2. India
12.5.3. Japan
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Exoskeleton Market – Opportunity Analysis Index, By Mobility, Technology, Extremity, End User, and Country,2022-2028
12.7. Asia-Pacific Exoskeleton Market Dynamics – Trends
13. Latin America Exoskeleton Market Analysis,2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
13.1. Mobility Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Mobile
13.1.2. Fixed/Stationary
13.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Powered
13.2.2. Non-powered
13.3. Extremity Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Upper Body
13.3.2. Lower Body
13.3.3. Full Body
13.4. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Healthcare
13.4.2. Military
13.4.3. Industrial
13.4.4. Others
13.5. Country Analysis 2017-2021and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Exoskeleton Market – Opportunity Analysis Index, By Mobility, Technology, Extremity, End User, and Country, 2022-2028
13.7. Latin America Exoskeleton Market Dynamics – Trends
14. Middle East and Africa Exoskeleton Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
14.1. Mobility Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Mobile
14.1.2. Fixed/Stationary
14.2. Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.2.1. Powered
14.2.2. Non-powered
14.3. Extremity Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Upper Body
14.3.2. Lower Body
14.3.3. Full Body
14.4. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Healthcare
14.4.2. Military
14.4.3. Industrial
14.4.4. Others
14.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. South Africa
14.5.3. Rest of MEA
14.6. MEA Exoskeleton Market – Opportunity Analysis Index, By Mobility, Technology, Extremity, End User, and Country, 2022-2028
14.7. MEA Exoskeleton Market Dynamics – Trends
15. Competition Landscape
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. ATOUN. (Japan)
15.2.2. BIONIK (Canada)
15.2.3. B-Temia (Canada)
15.2.4. CYBERDYNE (Japan)
15.2.5. DIH Medical (China)
15.2.6. Ekso Bionics. (US)
15.2.7. Lockheed Martin Corporation (US)
15.2.8. MediTouch (Israel)
15.2.9. Ottobock (Germany)
15.2.10. ReWalk Robotics (US)
16. Research Methodology
17. Key Assumptions and Acronyms

Report

Company Profile

  • ATOUN. (Japan)
  • BIONIK (Canada)
  • B-Temia (Canada)
  • CYBERDYNE (Japan)
  • DIH Medical (China)
  • Ekso Bionics. (US)
  • Lockheed Martin Corporation (US)
  • MediTouch (Israel)
  • Ottobock (Germany)
  • ReWalk Robotics (US)

Description

Exoskeleton Market size is valued at USD 512.8 million in 2021 and is expected to reach a value of USD 1,816.1 million by 2028, growing at a CAGR of 19.8% during the forecast period 2022 to 2028. The global market provides a detailed overview of the exoskeleton market and that can be segmented by mobility, technology, extremity, and end-user. By mobility, the exoskeleton market has been segmented into mobile and fixed/stationary. The mobile segment is likely to be the largest and fastest-growing segment in terms of mobility. Based on technology, the exoskeleton market is segmented into powered and non-powered.  Among these, the powered segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on an extremity, the exoskeleton market is segmented into upper body, lower body, and full body. The upper body segment accounts for the largest share in 2021. The full body segment has the second-largest share during the forecast period 2021-2028. By end-user, the market is segregated into healthcare, military and industrial. The healthcare segment accounted large market share during the estimated period.

Key Developments:

In Jun 2020, Ekso Bionics has acquired FDA approval for the clinical use of the EksoNR robotic exoskeleton in patients with Acquired Brain Injury (ABI).

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