The Medical Exoskeletons Market was valued at USD 0.2 Billion in 2022,registering a CAGR of 35.65% during the forecast period of 2023 to 2030.
Market Overview
The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Medical Exoskeletons Market .Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Medical Exoskeletons Market . In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner. The global market for medical exoskeletons is expanding rapidly and is expected to expand even further in the coming years. Wearable electromechanical devices called medical exoskeletons have been developed as external frames worn by the body to aid in the rehabilitation of injured patients and the enhancement of their biological capabilities, such as orthotics for gait rehabilitation or movement assistance. Therefore, this apparatus allows for greater range of motion, strength, and stamina in the limb. Sales volume (in thousands of units) and revenue (in millions of U.S. dollars) projections for the medical exoskeletons market are provided for the years 2017 through 2030, with 2022 serving as the base year. The market for Medical Exoskeletons around the world is broken down in great detail in this report. Regional product market shares by category, use case, and key player are also provided. We accounted for the influence of COVID-19 and other global crises when calculating the potential size of the market. Research into the drivers, restraints, opportunities, and challenges facing the global Medical Exoskeletons market has been conducted in detail. This worldwide study was compiled using data collected from numerous market segments and sub-segments.
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Segment Analysis
It encompasses the most important key players in the world’s various regions and contains them. In this research report, several different techniques that high-level industries have utilised to achieve their goals are discussed. In order to obtain a more in-depth analysis of a number of different businesses, player profiles of the most important top players have been developed. It is beneficial to have an understanding of the worldwide competition on both the domestic and international platforms.
It provides a detailed description of the drivers and opportunities in the Medical Exoskeletons Market , which assists current customers and potential customers in gaining a clear vision and making decisions that are most effective for them. In order to discover the desired facts regarding the target market, various types of analysis models, such as Medical Exoskeletons Market , are utilised. In addition to this, it includes a variety of different techniques for strategic planning, which encourages the way to define and develop the framework of the various industries. The exoskeleton industry is broken down into two distinct subsets: powered exoskeletons and passive exoskeletons. Due to an increase in the number of product launches and product approvals for powered medical exoskeleton devices, the powered exoskeletons segment dominated the market in 2021 and is expected to maintain its dominance throughout the forecast period. The market can be broken down into the hardware sector and the software sector. In 2021, the software segment accounted for the majority of the market, and this trend is anticipated to continue throughout the forecast period. This is attributable to the increasing prevalence of exoskeletons in the healthcare industry and the public’s growing understanding of the importance of the software that powers them. The marketplace is segmented into fixed and moveable components. Due to an increase in the number of market participants who produce mobile medical exoskeleton devices, the mobile segment dominated the market in 2021 and is expected to maintain its dominance throughout the forecast period. Market segments include spinal cord injury, stroke, and others. Due to increasing rates of both motor vehicle accidents and fall injuries, as well as technological advancements in the healthcare sector, spinal cord injuries are expected to continue their dominance of the market throughout the forecast period.
Based on types, the Medical Exoskeletons Market is segmented into:
- Powered Exoskeletons
- Passive Exoskeletons
Based on application, the Medical Exoskeletons Market is segmented into:
- Upper Extremity Medical Exoskeletons
- Lower Extremity Medical Exoskeletons
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Regional Analysis
North America, Latin America, the Middle East, Asia-Pacific, Africa, Europe, and India are just some of the geographical segments that have been studied for the global Medical Exoskeletons market. The worldwide market for medical exoskeletons is expected to increase its share of the industry in the years to come. Because of its large and growing elderly population, North America is a leading market for medical exoskeletons. Market expansion in this area will be boosted by the rising interest in exoskeletons designed to help people do things for themselves. The increasing incidence of stroke in Asia-Pacific is a key factor in the region’s projected expansion during the forecast period.
Regional Medical Exoskeletons Market coverage (Regional Status, Demand Forecast, Country Trends, etc.):
- North America, Europe, China, Japan, Southeast Asia, India.
- North America (USA, Canada, and Mexico).
- Europe (Germany, France, UK, Russia and, Italy).
- Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).
Key segments covered in the Medical Exoskeletons Market include:
- Medical Exoskeletons Market Growth Drivers and Barriers.
- Market Trends, Market Opportunities, Porter’s Five Forces Analysis.
- Market Overview, Industry Development, Market Maturity, Value Chain Analysis.
- Regional and Country Level Analysis.
- Trends and Forecasts for Market Segments.
- Market Analysis and Various Recommendations.
- Key market forces.
Report Customization:
This report will be customized to your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.
https://www.contrivedatuminsights.com/product-report/medical-exoskeletons-market-20457Key Market Participants in the Medical Exoskeletons Market :
Cyberdyne, Ekso Bionics, Rewalk Robotics, Bionik Laboratories, Rex Bionics, Parker Hannifin, B-Temia, Bioness, Hocoma, Wearable Robotics, Gogoa Mobility Robots, Exoatlet, and others.
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