Exoskeleton Market to Receive Overwhelming Hike in Revenues by 2030 - PowerPoint PPT Presentation

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Exoskeleton Market to Receive Overwhelming Hike in Revenues by 2030

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The global exoskeleton market size was USD 484.8 Million in 2021, and is expected to register a revenue CAGR of 45.9% during the forecast period. A major factor expected to drive market revenue growth is increasing incidence of stroke owing to rapid growth in elderly population across the globe. Rising Medical Device adoption rates in various industries such as car, military, defense, and construction are one of the primary drivers behind the market revenue growth. – PowerPoint PPT presentation

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Title: Exoskeleton Market to Receive Overwhelming Hike in Revenues by 2030


1
  • The global exoskeleton market size was USD 484.8
    Million in 2021, and is expected to register a
    revenue CAGR of 45.9 during the forecast period.
    A major factor expected to drive market revenue
    growth is increasing incidence of stroke owing to
    rapid growth in elderly population across the
    globe. Rising Medical Device adoption rates in
    various industries such as car, military,
    defense, and construction are one of the primary
    drivers behind the market revenue growth.
    Furthermore, rising number of Spinal Cord
    Injuries (SCI) is expected to drive demand in
    global markets. According to the National Spinal
    Cord Injury Statistical Center (NSCISC), there
    were 17,730, 17,810, and 10,9000 SCI cases in
    2019, 2020, and 2021, respectively. Furthermore,
    roughly 296,000 Americans have SCIs of some kind.
  • Moreover, as the global population with
    impairments grows, there is a rise in the need
    for robotic rehabilitation equipment.
    Musculoskeletal injuries and disorders such as
    Repetitive Strain Injury (RSI), Cumulative Trauma
    Disorders (CTD), and Occupational Overuse
    Syndromes (OOS) are expected to drive revenue
    growth of the market. According to World Health
    Organization statistics from February 2021,
  • billion people worldwide suffer from
    musculoskeletal disorders. According to data
    released by the Health and Safety Executive (HSE)
    in November 2020, 480,000 employees in the U.K.
    suffered from work-related musculoskeletal
    ailments in 2019-20, with a rate of 2,020 cases
    per 100,000 workers in the construction industry.
  • Request a sample report of Exoskeleton Market _at_
    https//www.reportsanddata.com/download-free-
    sample/1428
  • In the pharmaceutical and healthcare sectors,
    there is rapid change. As cell and gene therapies
    become increasingly available, patients are
    finding appropriate treatments for previously
    incurable diseases.
  • Machine learning and artificial intelligence (AI)
    technologies are making it possible for more
    inventive, faster, and cheaper therapy
    development to take place. By utilizing
    data-driven projects, manufacturing,
  • the supply chain, and the entire healthcare
    ecosystem can benefit. It is clear that consumer
    attitudes and behaviors are shifting, ranging
    from a greater use of technology and data sharing
    to a willingness to use tools to make
    prescriptions and treatment decisions. Pharma and
    healthcare markets are expected to grow in the
    next few years as a result of such factors.
  • Robot-assisted therapy systems are getting
    familiar in rehabilitation as they provide a
    number of benefits, including conducting
    repetitive motions during goal-directed
    activities, monitoring different physiological
    and functional parameters during rehabilitation
    exercises, enhancing motivation, and aiding with
    home exercises and training. An increase in the
    number of people with physical restrictions,
    particularly among the elderly, and usage of
    exoskeletons for such purposes has contributed to
    the market revenue growth.
  • Key Players covered in this report are
  • Lockheed Martin Corporation, ReWalk Robotics,
    Parker Hannifin Corp., Rex Bionics Ltd., Ekso
    Bionics, Cyberdyne Inc., ATOUN Inc., BIONIK,
    Hocoma, Honda Motor Co. Ltd., Wandercraft, and
    Ottobock.
  • Segments Covered in the report
  • By Product Type Outlook
  • Powered

2
Passive
By Component Type Outlook Hardware Electric Actuator Pneumatic Actuator Hydraulic Control Systems/Controllers Electric Servo Others Software
By Anatomy Type Outlook Lower Extremities Upper Extremities Full Body
  • Read the full report _at_ https//www.reportsanddata.
    com/report-detail/exoskeleton-market Based on
    Region market is segmented into
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East Africa
  • Major Points covered in this report are as below
  • An analysis of Exoskeleton industry development
    trends and marketing channels, as well as an
    assessment of the feasibility of new investment
    projects, is presented in the study.
  • In addition to providing key statistics on the
    industry, the report provides valuable guidance
    and direction for companies and individuals
    interested in this market through tables and
    figures.
  • In addition to developing policies and plans,
    this report analyzes manufacturing processes and
    cost structures. It also provides information
    about import/export demand, costs, prices,
    revenues, and gross margins.

3
  • This report provides information on the market
    status of Exoskeleton manufacturers and provides
    valuable insight into the market for companies
    and individuals.
  • Request a customization of the report _at_
    https//www.reportsanddata.com/request-customizati
    on- form/1428
  • We can also provide the customized data for
    separate regions like North America, United
    States, Canada, Mexico, Asia-Pacific, China,
    India, Japan, South Korea, Australia, Indonesia,
    Singapore, Rest of Asia-Pacific, Europe, Germany,
    France, UK, Italy, Spain, Russia, Rest of Europe,
    Central South America, Brazil, Argentina, Rest
    of South America, Middle East Africa, Saudi
    Arabia, Turkey, Rest of Middle East
  • Africa
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  • About Reports and Data
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