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Medical Exoskeleton Market by Component (Hardware (Sensor, Actuator, Control System, Power Source), Software), Type (Powered, Passive), Extremities (Lower, Upper) & Mobility (Mobile, Stationary) - Global Forecast to 2023

Medical Exoskeleton Market by Component (Hardware (Sensor, Actuator, Control System, Power Source), Software), Type (Powered, Passive), Extremities (Lower, Upper) & Mobility (Mobile, Stationary) - Global Forecast to 2023

“The global medical exoskeleton market projected to grow at a CAGR of 37.4%.”
The global medical exoskeleton market is projected to reach USD 571.6 million by 2023 from USD 116.7 million in 2018, at a CAGR of 37.4%. The increasing number of people with physical disabilities and subsequent growth in the demand for effective rehabilitation approaches; agreements and collaborations among companies and research organizations for the development of the exoskeleton technology; and increasing insurance coverage for medical exoskeletons in several countries are the major factors driving the growth of the market. However, the high cost of medical exoskeletons may restrict market growth to a certain extent.

“Mobile medical exoskeletons are projected to grow at the highest CAGR during the forecast period.”
By mobility, the medical exoskeleton market is segmented into mobile and stationary exoskeletons. During the forecast period the mobile exoskeleton segment is estimated to grow with the highest CAGR. The growth of this segment can be attributed to the increasing demand for compact, light-weight mobile medical exoskeletons that can provide mobility assistance to paralyzed patients.

“The powered exoskeletons segment to grow at the highest rate during the forecast period.”
Based on type, the medical exoskeleton market is segmented into powered and passive exoskeletons. The powered exoskeleton segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the presence of sensors and various controlling functions in powered exoskeletons to sense motion, tilt, and speed.

“Asia to witness high growth during the forecast period”
In 2018, North America is projected to account for the largest share of the market followed by Europe. However, Asia is expected to register the highest CAGR during the forecast period. The high growth in Asia is attributed to the growing geriatric and physically disabled population, large population base, and the increase in disposable income in the region.

The primary interviews conducted for this report can be categorized as follows:
By Company Type: Tier 1 - 62%, Tier 2 - 25%, Tier 3 - 13%
By Designation: C-level- 29%, D-level- 25%, others- 46%
By Region: North America-55%, Europe-24%, Asia-15%, RoW-6%

List of companies profiled in the report
Ekso Bionics Holdings, Inc. (US)
ReWalk Robotics Ltd (Israel)
Parker Hannifin Corp (US)
Bionik Laboratories Corp (Canada)
CYBERDYNE Inc. (Japan)
Rex Bionics Ltd. (UK)
B-TEMIA Inc. (Canada)
Hocoma AG (A Subsidiary of DIH Technologies) (Switzerland)
Wearable Robotics SRL (Italy)
Gogoa Mobility Robots SL (Spain)
Bioness Inc. (US)
ExoAtlet, O.O.O. (Russia)

Research Coverage:
The report provides an overview of the medical exoskeleton market. It aims at estimating the market size and future growth potential of this market across different segments such as component, type, mobility, extremity, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help market leaders/new entrants by providing them with the closest approximations of revenues for the overall market and its subsegments. This report will help stakeholders to understand the competitive landscape better and gain valuable insights to position their businesses and help companies make suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and will provide them with information regarding key market drivers and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • DATA TRIANGULATION
    • ASSUMPTIONS FOR THE STUDY
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • MEDICAL EXOSKELETON: MARKET OVERVIEW
    • MEDICAL EXOSKELETON MARKET, BY COMPONENT, 2018 VS 2023 (USD MILLION)
    • EUROPE: MEDICAL EXOSKELETON MARKET, BY HARDWARE TYPE & COUNTRY
    • MEDICAL EXOSKELETON MARKET, BY EXTREMITY
    • MEDICAL EXOSKELETON MARKET: GEOGRAPHIC SNAPSHOT
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • OPPORTUNITIES
      • CHALLENGES
        • Table COST OF MEDICAL EXOSKELETONS
  • MEDICAL EXOSKELETON MARKET, BY COMPONENT
    • INTRODUCTION
      • Table MEDICAL EXOSKELETON MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
    • HARDWARE
      • Table MEDICAL EXOSKELETON HARDWARE MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table MEDICAL EXOSKELETON HARDWARE MARKET, BY REGION, 2016–2023 (USD MILLION)
      • SENSORS
        • Table SENSORS MARKET, BY REGION, 2016–2023 (USD MILLION)
      • ACTUATORS
        • Table ACTUATORS MARKET, BY REGION, 2016–2023 (USD MILLION)
      • POWER SOURCES
        • Table POWER SOURCES MARKET, BY REGION, 2016–2023 (USD MILLION)
      • CONTROL SYSTEMS
        • Table CONTROL SYSTEMS MARKET, BY REGION, 2016–2023 (USD MILLION)
      • OTHER HARDWARE COMPONENTS
        • Table OTHER HARDWARE COMPONENTS, BY REGION, 2016–2023 (USD MILLION)
    • SOFTWARE
      • Table MEDICAL EXOSKELETON SOFTWARE MARKET, BY REGION, 2016–2023 (USD MILLION)
  • MEDICAL EXOSKELETON MARKET, BY TYPE
    • INTRODUCTION
      • Table MEDICAL EXOSKELETON MARKET, BY TYPE, 2016–2023 (USD MILLION)
    • POWERED EXOSKELETON
      • Table POWERED EXOSKELETON MARKET, BY REGION, 2016–2023 (USD MILLION)
    • PASSIVE EXOSKELETON
      • Table PASSIVE EXOSKELETON MARKET, BY REGION, 2016–2023 (USD MILLION)
  • MEDICAL EXOSKELETON MARKET, BY MOBILITY
    • INTRODUCTION
      • Table MEDICAL EXOSKELETON MARKET, BY MOBILITY, 2016–2023 (USD MILLION)
    • STATIONARY MEDICAL EXOSKELETONS
      • Table STATIONARY MEDICAL EXOSKELETONS MARKET, BY REGION, 2016–2023 (USD MILLION)
    • MOBILE MEDICAL EXOSKELETONS
      • Table MOBILE MEDICAL EXOSKELETONS MARKET, BY REGION, 2016–2023 (USD MILLION)
  • MEDICAL EXOSKELETON MARKET, BY EXTREMITY
    • INTRODUCTION
      • Table MEDICAL EXOSKELETON MARKET, BY EXTREMITY, 2016–2023 (USD MILLION)
      • Table MEDICAL EXOSKELETON MARKET, BY EXTREMITY, 2016–2023 (UNITS)
    • LOWER EXTREMITY MEDICAL EXOSKELETONS
      • Table LOWER EXTREMITY MEDICAL EXOSKELETONS MARKET, BY REGION, 2016–2023 (USD MILLION)
    • UPPER EXTREMITY MEDICAL EXOSKELETONS
      • Table UPPER EXTREMITY MEDICAL EXOSKELETONS MARKET, BY REGION, 2016–2023 (USD MILLION)
  • MEDICAL EXOSKELETON MARKET, BY REGION
    • INTRODUCTION
      • Table MEDICAL EXOSKELETON MARKET, BY REGION, 2016–2023 (USD MILLION)
      • Table MEDICAL EXOSKELETON MARKET, BY REGION, 2016–2023 (UNITS)
    • NORTH AMERICA
      • Table NORTH AMERICA: MEDICAL EXOSKELETON MARKET, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL EXOSKELETON MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL EXOSKELETON HARDWARE MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL EXOSKELETON MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL EXOSKELETON MARKET, BY MOBILITY, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL EXOSKELETON MARKET, BY EXTREMITY, 2016–2023 (USD MILLION)
      • US
        • Table US: MEDICAL EXOSKELETON MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
        • Table US: MEDICAL EXOSKELETON MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table US : MEDICAL EXOSKELETON MARKET, BY MOBILITY, 2016–2023 (USD MILLION)
        • Table US: MEDICAL EXOSKELETON MARKET, BY EXTREMITY, 2016–2023 (USD MILLION)
      • CANADA
        • Table CANADA: MEDICAL EXOSKELETON MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
        • Table CANADA: MEDICAL EXOSKELETON MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table CANADA: MEDICAL EXOSKELETON MARKET, BY MOBILITY, 2016–2023 (USD MILLION)
        • Table CANADA: MEDICAL EXOSKELETON MARKET, BY EXTREMITY, 2016–2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: MEDICAL EXOSKELETON MARKET, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table EUROPE: MEDICAL EXOSKELETON MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table EUROPE: MEDICAL EXOSKELETON HARDWARE MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table EUROPE: MEDICAL EXOSKELETON MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table EUROPE: MEDICAL EXOSKELETON MARKET, BY MOBILITY, 2016–2023 (USD MILLION)
      • Table EUROPE: MEDICAL EXOSKELETON MARKET, BY EXTREMITY, 2016–2023 (USD MILLION)
      • UK
        • Table UK: MEDICAL EXOSKELETON MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
        • Table UK: MEDICAL EXOSKELETON MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table UK: MEDICAL EXOSKELETON MARKET, BY MOBILITY, 2016–2023 (USD MILLION)
        • Table UK: MEDICAL EXOSKELETON MARKET, BY EXTREMITY, 2016–2023 (USD MILLION)
      • GERMANY
        • Table GERMANY: MEDICAL EXOSKELETON MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
        • Table GERMANY: MEDICAL EXOSKELETON MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table GERMANY: MEDICAL EXOSKELETON MARKET, BY MOBILITY, 2016–2023 (USD MILLION)
        • Table GERMANY: MEDICAL EXOSKELETON MARKET, BY EXTREMITY, 2016–2023 (USD MILLION)
      • FRANCE
        • Table FRANCE: MEDICAL EXOSKELETON MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
        • Table FRANCE: MEDICAL EXOSKELETON MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table FRANCE: MEDICAL EXOSKELETON MARKET, BY MOBILITY, 2016–2023 (USD MILLION)
        • Table FRANCE: MEDICAL EXOSKELETON MARKET, BY EXTREMITY, 2016–2023 (USD MILLION)
      • REST OF EUROPE (ROE)
        • Table ROE: MEDICAL EXOSKELETON MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
        • Table ROE: MEDICAL EXOSKELETON MARKET, BY TYPE, 2016–2023 (USD MILLION)
        • Table ROE: MEDICAL EXOSKELETON MARKET, BY MOBILITY, 2016–2023 (USD MILLION)
        • Table ROE: MEDICAL EXOSKELETON MARKET, BY EXTREMITY, 2016–2023 (USD MILLION)
    • ASIA
      • Table ASIA: MEDICAL EXOSKELETON MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table ASIA: MEDICAL EXOSKELETON HARDWARE MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table ASIA: MEDICAL EXOSKELETON MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table ASIA: MEDICAL EXOSKELETON MARKET, BY MOBILITY, 2016–2023 (USD MILLION)
      • Table ASIA: MEDICAL EXOSKELETON MARKET, BY EXTREMITY, 2016–2023 (USD MILLION)
    • REST OF THE WORLD
      • Table ROW: MEDICAL EXOSKELETON MARKET, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table ROW: MEDICAL EXOSKELETON HARDWARE MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table ROW: MEDICAL EXOSKELETON MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table ROW: MEDICAL EXOSKELETON MARKET, BY MOBILITY, 2016–2023 (USD MILLION)
      • Table ROW: MEDICAL EXOSKELETON MARKET, BY EXTREMITY, 2016–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE RANKING
      • Table MARKET RANKING: MEDICAL EXOSKELETON MARKET (2017)
    • COMPETITIVE SITUATIONS AND TRENDS
      • PRODUCT LAUNCHES, ENHANCEMENTS, AND APPROVALS
      • AGREEMENTS, COLLABORATIONS, ALLIANCES, JOINT VENTURES, CONTRACTS, AND PARTNERSHIPS
      • MERGERS AND ACQUISITIONS
      • EXPANSIONS
  • COMPANY PROFILES
    • CYBERDYNE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EKSO BIONICS HOLDINGS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • REWALK ROBOTICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BIONIK LABORATORIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • REX BIONICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • PARKER HANNIFIN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • B-TEMIA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BIONESS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • HOCOMA AG (A SUBSIDIARY OF DIH TECHNOLOGIES)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • WEARABLE ROBOTICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • GOGOA MOBILITY ROBOTS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • EXOATLET
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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