With the emergence and long-term Impact of COVID-19, Global Wearable Robotic Exoskeleton Market to reach USD 17438.16 million by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Wearable Robotic Exoskeleton Market points towards a potential rise to USD 17438.16 million by 2030. The wearable robotic exoskeleton market refers to the industry involved in the design, development, manufacturing, and deployment of wearable robotic devices that enhance and support human mobility and physical capabilities. Wearable robotic exoskeletons are external mechanical structures worn by individuals to augment their strength, endurance, and mobility for various applications.
The major driving factors for the Global Wearable Robotic Exoskeleton Market are the increasing adoption of exoskeleton devices in medical industry and supportive government initiatives. Moreover, advances in robotics, sensor technologies and an increasing aging population are creating lucrative growth opportunities for the market over the forecast period 2023-2030.
Geographically, the global Wearable Robotic Exoskeleton market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America is a leading market for wearable robotic exoskeletons in 2022. The region is characterized by significant investments in research and development, strong healthcare infrastructure, and a focus on technological advancements. The United States and Canada are the key contributors to the market growth, driven by the demand for exoskeletons in the healthcare, military, and industrial sectors.
The Asia Pacific region is witnessing rapid growth in the wearable robotic exoskeleton market. Countries such Japan, South Korea, and China are at the forefront of adopting exoskeleton technology. The region showcases a strong presence of exoskeleton manufacturers and a growing demand for exoskeletons in industries such as manufacturing, logistics, and healthcare. Increasing investment in research and development and supportive government policies contribute to market growth.
The global Wearable Robotic Exoskeleton market is highly competitive owing to the presence of several key players such as CYBERDYNE, INC. (Japan) Ekso Bionics (U.S.) Hocoma (Switzerland) ReWalk Robotics Inc (U.S.) Bionik Laboratories Corp. (Canada) ExoAtlet (Luxembourg) Lockheed Martin Inc(U.S.) Rex Bionics Pty Ltd. (U.S.) Sarcos Technology and Robotics Corporation Wearable Robotics Srl (Italy), and others.
For further analysis on this or to request a sample copy of this report, please click the link mentioned below:
Key findings of the study suggest:
- Global Wearable Robotic Exoskeleton Market is anticipated to grow with a healthy growth rate of more than 43.60% over the forecast period 2023-2030.
- In the Technology Type, Powered emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth owing to investments in research and development in the region.
- Asia Pacific is expected to grow at higher rate owing to growing demand for exoskeletons in industries such as manufacturing, logistics, and healthcare in the region
Bizwit Research & Consulting has considered following segments for the study:
By Technology Type:
- Powered
- Passive
By Application:
- Healthcare
- Industrial
- Defense & Aerospace
- Others
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
To get a sample of this report or to purchase a copy of the study, you can directly contact us at: sales@bizwitresearch.com
About Us
Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.
Contact US
Global Business Development
Phone: +1 209 498-3066
Email: Sales@bizwitresearch.com
Website: www.bizwitresearch.com
