Exoskeleton Market by End-user, Mobility Type and Geography - Forecast And Analysis 2023-2027

Published: Oct 2023 Pages: 153 SKU: IRTNTR75959

Exoskeleton Market Forecast 2023-2027

The global exoskeleton market size is estimated to grow by USD 1.85 billion at a Compound annual growth rate (CAGR) of 35.98% between 2022 and 2027. 

To safeguard from spinal cord injury, there is a growing demand for rehabilitation and assistive devices, such as exoskeletons is growing to stabilize and aid interlimb-coordinated movements in patients with SCIs at levels T7 to L5 and T4 to T6.  The rising incidence of SCIs will increase the demand for exoskeletons across the globe. Moreover, as per the Organisation for Economic Co-operation and Development (OCED), in 2021, more than 50 million people were injured due to road accidents globally.  Furthermore, incidences of SCIs are higher among people over 65 years as aging causes deterioration in gait changes, decrease in strength, reaction time, and fine motor skills, increase in cystic changes in the spinal cord; increase in neuropathic pain; and increase in nerve entrapment. The increasing number of aging people increases the chances of SCI incidences, thereby driving the growth of the market.

What will be the Size of the Market During the Forecast Period?

To learn more about this report, Request Free Sample

Market Segmentation

This report provides a detailed analysis of the market by End-user (Healthcare, Military, and Industry ), Mobility Type (Mobile and Fixed/Stationary ), and Geography (North America, Europe, Asia, and Rest of World (ROW)).

Application Analysis

The market share growth by the healthcare segment will be significant during the forecast period. An exoskeleton is an innovative wearable device that provides external support to the user's body and enhances physical performance. These devices are gaining popularity in the healthcare industry owing to their potential to improve patient outcomes, aid rehabilitation, and reduce physical strain on healthcare workers. Exoskeleton technology enables people with neurological and musculoskeletal disorders, such as stroke and spinal cord injury, to regain mobility and improve their quality of life.

Get a glance at the market contribution of various segments View a PDF Sample

The healthcare segment was valued at USD 77.11 million in 2017Exoskeletons help patients relearn motor skills, strengthen muscles, and improve overall physical performance by assisting movement. The healthcare industry also uses exoskeletons to support medical workers during physically demanding tasks. Physical strain from manual lifting and repetitive motion can cause musculoskeletal injuries in healthcare workers. To combat this problem, exoskeletons are deployed to provide assistance and reduce the risk of injury. Exoskeletons have the potential to revolutionize surgical techniques, making procedures safer and more efficient. Hence, such factors will boost the growth of the the segment in exoskeleton market during the forecast period.

Mobility Type Analysis

An exoskeleton is an innovative wearable device that provides external support to the user's body and enhances physical performance. These devices are gaining popularity in the healthcare industry due to their potential to improve patient outcomes, aid rehabilitation, and reduce physical strain on healthcare workers. In addition, exoskeletons also play an important role in the field of care for the disabled. Moreover, exoskeletons reduce the risk of secondary health problems associated with prolonged sitting or immobility, such as pressure sores and cardiovascular disease. This technology provides greater control and accuracy, reduces the risk of complications, and improves surgical outcomes. Exoskeletons have the potential to revolutionize surgical technology and make surgery safer and more efficient. Hence, these factors will boost the growth of the segment in the exoskeleton market during the forecast period. 

Regional Analysis

For more insights about the market share of various regions View PDF Sample now!

North America is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that will shape the market during the forecast period. The presence of advanced medical facilities, increasing disability from spinal cord injuries, and high demand for self-assisting exoskeletons make the US the largest contributor to the North American market. In addition, the existence of the American Spinal Cord Injury Association (ASIA), a favorable policy on coverage and reimbursement of third-party commercial payers of medical exoskeletons, aims to raise awareness of available treatment options for patients with SCI. The presence of major market players such as Ekso Bionics Holdings and Parker-Hannifin Corp. (Parker-Hannifin), offering exoskeletons in the region drives the market growth.

Furthermore, Mexico is another cleading revenue contributor to the market in North America. The Maxios government increased government and private hospital budgets due to an increase in the incidence of spinal cord injuries in its aging population, and increase the number of hospitals and rehabilitation centers using exoskeletons to move patients, thus boosting the North American market. In addition, researchers focusing on developing affordable exoskeletons are also contributing to the market growth during the forecast period.

Market Dynamics and Customer Landscape

The global exoskeleton market is witnessing significant growth, driven by technological advancements and increasing demand across various sectors like healthcare, military, and industrial. Innovations like Bionic’s Cray X and soft actuators are revolutionizing human augmentation equipment, enhancing physical capabilities and mobility. Merger and acquisition activities, along with government regulations and reimbursement policies, play pivotal roles in shaping the market landscape. Despite challenges like high equipment costs and regulatory hurdles, the industry is propelled forward by the introduction of powered lower-limb exoskeletons and wearable robots. Market players like Ekso Bionics and Parker Hannifin Corporation are leading the charge, focusing on improving materials, software technologies, and overall product affordability to expand market penetration and address musculoskeletal injuries effectively.

Significant Market Trends

The prevailing trend in the market is the increasing adoption of exoskeletons integrated with both established and emerging technologies. There's a growing emphasis on leveraging exoskeletons equipped with Functional Electrical Stimulation (FES) and Brain-Computer Interface (BCI) for rehabilitating upper and lower extremities in patients with neuromotor disorders. FES facilitates coordinated muscle movement activation, aiding individuals in maintaining optimal physical function. Controlled by a BCI system within the MATLAB and Simulink environment, the FES exoskeleton device monitors brain electrical activity, utilizing advanced signal processing algorithms to control locomotion.

Furthermore, incorporating innovative approaches like FES and BCI into exoskeletons has the potential to significantly reduce healthcare expenses and enhance quality of life, particularly for individuals with spinal cord injuries, paraplegia, and paralysis. This increasing focus on integrating existing and emerging technologies into exoskeletons is poised to drive substantial growth in the market, shaping market trends during the forecast period.

Major Market Challenges

Well-trained caregivers' requirement post-treatment is the major challenge that affects the growth of the market. Using a medical exoskeleton in a hospital, rehabilitation center, or home care facility requires the assistance of a well-trained caregiver who can assist in walking with the exoskeleton. However, the availability of such dedicated caregivers to support patients with spinal cord injuries and locomotion impairments is limited. Recruitment of well-trained caregivers is limited by factors such as human resources shortages, lack of standardization in training curricula and accreditation policies, and poor patient-caregiver coordination during exoskeleton ambulation.

Therefore, well-trained and certified exoskeleton trainers with hands-on training are required to support the use of medical exoskeletons in spinal cord injury patients. Companies such as ReWalk Robotics offer extensive training on the use of exoskeletons through the ReWalk Training Center (Exoskeletons). Considering all these factors, the shortage of well-trained caregivers is the major challenge and will impede the growth of the global exoskeleton market during the forecast period.

Buy Now Full Report and Discover More

Customer Landscape

The market trends and analysis report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market growth analysis report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Exoskeleton Market Customer Landscape

Buy Now Full Report and Discover More

Key Exoskeleton Market Players 

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Bionik Laboratories Corp.: The company offers exoskeleton such as ARKE lower body exoskeleton.

  • Cyberdyne Inc.
  •  DIH Group
  •  Ekso Bionics Holdings Inc.
  • German Bionic Systems Gmbh
  • Honda Motor Co. Ltd.
  • Hyundai Motor Co.
  •  Lockheed Martin Corp.
  • Marsi Bionics SL
  • Myomo Inc.
  • Ottobock SE and Co. KGaA
  • Panasonic Holdings Corp.
  • Parker Hannifin Corp.
  • Press Brake Safety
  • RB3D
  • ReWalk Robotics Ltd.
  • Rex Bionics Ltd.
  • Sarcos Technology and Robotics Corp.
  • Watercraft

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market  Analyst Overview

The market is experiencing significant growth, driven by various factors such as technological advancements and an aging population. With applications spanning medical, automotive, defense, and construction industries, exoskeletons offer solutions for spinal cord injuries (SCI) and occupational disorders like repetitive strain injury (RSI). Innovations like Bionic’s Cray X and Wandercraft SAS's Atalante X showcase the industry's progress, while regulatory frameworks ensure safety and quality standards. Despite challenges like high costs and regulatory hurdles, the market is witnessing expansion, particularly in emerging economies. Advancements in materials, sensors, actuators, and control systems have led to the development of lightweight, portable exoskeletons, revolutionizing human augmentation and industrial applications alike. As research and development activities continue and investment grows, the market is poised for further evolution and adoption worldwide.

Segment Overview

The market research and growth report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook 
    • Healthcare
    • Military
    • Industry
  • Mobility Type Outlook 
    • Mobile
    • Fixed/Stationary
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India 
    • Rest of the World (ROW)
      • Brazil 
      • Argentina
      • Australia

Exoskeleton Market Scope

Report Coverage

Details

Page number

153

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 35.98%

Market growth 2023-2027

USD 1.85 billion

Market structure

Concentrated

YoY growth 2022-2023(%)

34.14

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 40%

Key countries

US, Germany, UK, China, and Japan

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Bionik Laboratories Corp., Cyberdyne Inc., DIH Group, Ekso Bionics Holdings Inc., German Bionic Systems GmbH, Honda Motor Co. Ltd., Hyundai Motor Co., Lockheed Martin Corp., Marsi Bionics SL, Myomo Inc., Ottobock SE and Co. KGaA, Panasonic Holdings Corp., Parker Hannifin Corp., Press Brake Safety, RB3D, ReWalk Robotics Ltd., Rex Bionics Ltd., Sarcos Technology and Robotics Corp., and Wandercraft

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our market report forecasting report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View Sample PDF at your Fingertips

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the exoskeleton market between 2023 and 2027
  • Precise estimation of the exoskeleton market size and its contribution of the market in focus to the parent market
  • Detailed analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria 
  • Companies landscape comparing criticality of inputs and factors of differentiation
  • Exclusive Matrix on companies position and classification
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, Asia, and Rest of World (ROW)
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of exoskeleton market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Mobility Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global exoskeleton market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global exoskeleton market 2017 - 2021 ($ million)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.3 Mobility Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Mobility Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Healthcare - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
    • 6.4 Military - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Military - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Military - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Military - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Military - Year-over-year growth 2022-2027 (%)
    • 6.5 Industry - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Industry - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Industry - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Industry - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Industry - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by End-user
      • Exhibit 46: Market opportunity by End-user ($ million)
      • Exhibit 47: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Mobility Type

    • 7.1 Market segments
      • Exhibit 48: Chart on Mobility Type - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on Mobility Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Mobility Type
      • Exhibit 50: Chart on Comparison by Mobility Type
      • Exhibit 51: Data Table on Comparison by Mobility Type
    • 7.3 Mobile - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Mobile - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Mobile - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Mobile - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Mobile - Year-over-year growth 2022-2027 (%)
    • 7.4 Fixed/Stationary - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Fixed/Stationary - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Fixed/Stationary - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Fixed/Stationary - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Fixed/Stationary - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Mobility Type
      • Exhibit 60: Market opportunity by Mobility Type ($ million)
      • Exhibit 61: Data Table on Market opportunity by Mobility Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 Asia - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on Asia - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Asia - Year-over-year growth 2022-2027 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
    • 9.7 US - Market size and forecast 2022-2027
      • Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.8 Germany - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.9 UK - Market size and forecast 2022-2027
      • Exhibit 91: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Bionik Laboratories Corp.
              • Exhibit 111: Bionik Laboratories Corp. - Overview
              • Exhibit 112: Bionik Laboratories Corp. - Product / Service
              • Exhibit 113: Bionik Laboratories Corp. - Key offerings
            • 12.4 Cyberdyne Inc.
              • Exhibit 114: Cyberdyne Inc. - Overview
              • Exhibit 115: Cyberdyne Inc. - Product / Service
              • Exhibit 116: Cyberdyne Inc. - Key offerings
            • 12.5 DIH Group
              • Exhibit 117: DIH Group - Overview
              • Exhibit 118: DIH Group - Product / Service
              • Exhibit 119: DIH Group - Key news
              • Exhibit 120: DIH Group - Key offerings
            • 12.6 Ekso Bionics Holdings Inc.
              • Exhibit 121: Ekso Bionics Holdings Inc. - Overview
              • Exhibit 122: Ekso Bionics Holdings Inc. - Business segments
              • Exhibit 123: Ekso Bionics Holdings Inc. - Key offerings
              • Exhibit 124: Ekso Bionics Holdings Inc. - Segment focus
            • 12.7 Honda Motor Co. Ltd.
              • Exhibit 125: Honda Motor Co. Ltd. - Overview
              • Exhibit 126: Honda Motor Co. Ltd. - Business segments
              • Exhibit 127: Honda Motor Co. Ltd. - Key news
              • Exhibit 128: Honda Motor Co. Ltd. - Key offerings
              • Exhibit 129: Honda Motor Co. Ltd. - Segment focus
            • 12.8 Hyundai Motor Co.
              • Exhibit 130: Hyundai Motor Co. - Overview
              • Exhibit 131: Hyundai Motor Co. - Business segments
              • Exhibit 132: Hyundai Motor Co. - Key news
              • Exhibit 133: Hyundai Motor Co. - Key offerings
              • Exhibit 134: Hyundai Motor Co. - Segment focus
            • 12.9 Lockheed Martin Corp.
              • Exhibit 135: Lockheed Martin Corp. - Overview
              • Exhibit 136: Lockheed Martin Corp. - Business segments
              • Exhibit 137: Lockheed Martin Corp. - Key news
              • Exhibit 138: Lockheed Martin Corp. - Key offerings
              • Exhibit 139: Lockheed Martin Corp. - Segment focus
            • 12.10 Marsi Bionics SL
              • Exhibit 140: Marsi Bionics SL - Overview
              • Exhibit 141: Marsi Bionics SL - Product / Service
              • Exhibit 142: Marsi Bionics SL - Key offerings
            • 12.11 Myomo Inc.
              • Exhibit 143: Myomo Inc. - Overview
              • Exhibit 144: Myomo Inc. - Product / Service
              • Exhibit 145: Myomo Inc. - Key offerings
            • 12.12 Ottobock SE and Co. KGaA
              • Exhibit 146: Ottobock SE and Co. KGaA - Overview
              • Exhibit 147: Ottobock SE and Co. KGaA - Product / Service
              • Exhibit 148: Ottobock SE and Co. KGaA - Key offerings
            • 12.13 Parker Hannifin Corp.
              • Exhibit 149: Parker Hannifin Corp. - Overview
              • Exhibit 150: Parker Hannifin Corp. - Business segments
              • Exhibit 151: Parker Hannifin Corp. - Key news
              • Exhibit 152: Parker Hannifin Corp. - Key offerings
              • Exhibit 153: Parker Hannifin Corp. - Segment focus
            • 12.14 RB3D
              • Exhibit 154: RB3D - Overview
              • Exhibit 155: RB3D - Product / Service
              • Exhibit 156: RB3D - Key offerings
            • 12.15 ReWalk Robotics Ltd.
              • Exhibit 157: ReWalk Robotics Ltd. - Overview
              • Exhibit 158: ReWalk Robotics Ltd. - Product / Service
              • Exhibit 159: ReWalk Robotics Ltd. - Key news
              • Exhibit 160: ReWalk Robotics Ltd. - Key offerings
            • 12.16 Sarcos Technology and Robotics Corp.
              • Exhibit 161: Sarcos Technology and Robotics Corp. - Overview
              • Exhibit 162: Sarcos Technology and Robotics Corp. - Product / Service
              • Exhibit 163: Sarcos Technology and Robotics Corp. - Key offerings
            • 12.17 Wandercraft
              • Exhibit 164: Wandercraft - Overview
              • Exhibit 165: Wandercraft - Product / Service
              • Exhibit 166: Wandercraft - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 167: Inclusions checklist
                • Exhibit 168: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 169: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 170: Research methodology
                • Exhibit 171: Validation techniques employed for market sizing
                • Exhibit 172: Information sources
              • 13.5 List of abbreviations
                • Exhibit 173: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              exoskeleton market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis