The new report by Expert Market Research titled, 'Global Exoskeleton Market, Share,  Size, Price, Growth, Report and Forecast 2022-2027', gives an in-depth analysis of the global  exoskeleton market,  assessing the market based on its segments like treatment types, product types, body part types, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. market based on the SWOT and Porter's Five Forces models.

Request a free sample copy in PDF or view the report summary@  https://www.expertmarketresearch.com/reports/exoskeleton-market/requestsample

The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027):17.2%

The rapidly growing global geriatric population, rising adoption rates of medical devices in various industries such as automobile, military, defence, and construction, and rising incidence of stroke are some of the primary drivers responsible for the global market’s growth. The global exoskeleton market growth can also be attributed to the rising adoption of AI and IoT-powered exosuits for rehabilitation purposes in the medical sector. Further, the growing incidence rate of spinal cord injuries (SCI) is expected to drive the demand for exoskeletons across global markets. Moreover, rising disposable income, availability of public and private investors, the widespread presence of key market players, and growing human augmentation in industry and military verticals are driving the market growth.

Industry Definition and Major Segments

Exoskeleton robots have heralded the dawn of a new era in modern neuromuscular rehabilitation engineering and assistive technology research. The technology has showed substantial potential in improving upper-limb capabilities required for daily activities. Upper limb exoskeletons are electromechanical systems that interact with the user to increase power, aid, or replace motor function.

By type, the global exoskeleton market is segmented into:

• Augmentation
• Rehabilitation

Based on product type, the market is classified into:

• Stationary
• Mobile

By body part type, the market is classified into:

• Lower Body
• Upper Body

On the basis of region, the market is segmented into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Trends

Exoskeleton systems are increasingly being used across industries to improve employee health and productivity. The increased demand has resulted in the establishment of various startups with expertise in exoskeleton technology and rehabilitation solutions. Also, the constantly evolving exoskeleton market is driving market players to devise innovative product development strategies to increase the adoption rate over the forthcoming years.

The growing prevalence of disabled individuals, rising expenditure on research activities, increasing number of partnerships and collaborations amongst key participants, and availability of technologically advanced products are the major factors driving the market growth. Rising advancements in active and semi-passive technology are one of the primary factors influencing the exosuit demand.

Key Market Players

The major players in the marketare Ekso Bionics Holdings, Inc., ReWalk Robotics Ltd., BIONIK Laboratories Corp., Ottobock SE Co. KGaA, and Lockheed Martin Corporation, among others. Expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read more: 

Lithium-Ion Battery Manufacturers: https://www.expertmarketresearch.com/articles/top-lithium-ion-battery-companies

Automotive Fuel Cell Market- https://www.expertmarketresearch.com/reports/automotive-fuel-cell-market

Autotransfusion Devices Market- https://www.expertmarketresearch.com/reports/autotransfusion-devices-market

Chip Resistor Market - https://www.expertmarketresearch.com/reports/chip-resistor-market

Chocolate Confectionery Market - https://www.expertmarketresearch.com/reports/chocolate-confectionery-market

About Us:

Expert Market Research (EMR) is a leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions. and strengthen their position in the market.

EMR customizes syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact

Company Name: Claight Corporation
Contact Person: Ana John, Corporate Sales Specialist – USA
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street , Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com