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| Exoskeleton Market size worth $ 12,207.82 Million, Globally, by 2028 at 48.2% CAGR: Verified Market Research™ | ||
| By: PR Newswire Association LLC. - 22 Jul 2021 | Back to overview list |
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JERSEY CITY, N.J., July 22, 2021 /PRNewswire/ -- Verified Market Research recently published a report, "Exoskeleton Market" By Component (Hardware, Software), By Body Part (Lower Extremities, Upper Extremities, Full Body), By Mobility (Stationary, Mobile), By Verticals (Healthcare, Defense, Industrial, Others), and By Geography. According to Verified Market Research, the Global Exoskeleton Market size was valued at USD 517.01 million in 2020 and is projected to reach USD 12,207.82 Million by 2028, growing at a CAGR of 48.2% from 2021 to 2028.  Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=3560 Browse in-depth TOC on "Exoskeleton Market" 202 - Pages Global Exoskeleton Market Overview Robotic treatment is becoming increasingly popular in the healthcare industry and result is driving the growth of the market. Robot-assisted therapy systems are increasingly being used in rehabilitation processes because they offer numerous benefits such as performing repetitive movements during goal-directed tasks, evaluating different physiological and functional parameters during rehabilitation exercises, improving motivation, and assisting with home exercises and training. Robots are widely employed to assist people recovering from strokes and other serious neurological illnesses. The market for rehabilitation robots is quickly rising. According to the IFR's World Robotics 2019 - Service Robots, 2,400 rehabilitation robots were sold in 2018, an increase of 83% over 2017. The advantage of robot devices over therapist-guided rehabilitation exercises is that the robot device ensures that the movement is done in the same way each time, training the brain to allow muscles to carry out the movements on their own. The number of repetitions each session is also larger with robot-assisted rehabilitation. The robots capture data on the patient's performance, allowing therapists and doctors to accurately analyze improvement. According to several studies, the ability of the robot to aid in very accurate, repetitive movements indicates that patients recover faster with robot-assisted therapy than with un-assisted therapy. The process is also safer for both the patient and the therapist because the therapist does not have to support the patient and may perform more precise, targeted training sessions with better results which drives the growth of the market. The usage of exoskeletons for such purposes has grown in part due to an increase in the number of people with physical limitations, particularly among the elderly. Key Developments in Exoskeleton Market
The major players in the market are Ottobock (Germany), DIH Medical (China), CYBERDYNE (Japan), Ekso Bionics. (US), Lockheed Martin Corporation (US), ATOUN. (Japan), BIONIC (Canada), B-Tamia (Canada), MediTouch (Israel), ReWalk Robotics (US). Verified Market Research has segmented the Global Exoskeleton Market On the basis of Component, Body Part, Mobility, Verticals, and Geography.
Browse Related Reports: Medical Exoskeleton Market By Extremity (Lower Extremity Medical Exoskeletons and Upper Extremity Medical Exoskeletons), By Type (Powered Exoskeleton and Passive Exoskeleton), By Geography, Forecast, 2020-2027 Consumer Robotics Market By Application (Household Robots, Social Robots, Entertainment Robots, Educational Robots, and Others), By Connectivity (Wi-Fi, Bluetooth, and Others), By Type (Autonomous and Semi-Autonomous), By Geography, Forecast, 2020-2027 Automotive Robotics Market By Type (SCARA, Cylindrical, Cartesian, and Articulated), By Application (Welding, Painting, Material Handling, and Cutting), By Component (Sensors, Robotic Arms, End Effector, Drive, and Controller), By Geography, Forecast, 2020-2027 Robotic Rehabilitation And Assistive Technologies Market Size By Type (Assistive Robots and Rehabilitation Robots), By Portability (Standalone and Mobile), By Application (Post-Surgery, Cognitive and Motor Skill Therapy), By Geography, Forecast, 2020-2027 6 major types of industrial robots engineered to offer limitless possibilities Visualize Exoskeleton Market using Verified Market Intelligence:-: Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future. VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market. About Us Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions. Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research. We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries. Contact Us Mr. Edwyne Fernandes
SOURCE Verified Market Research 
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