Medical Exoskeleton Market by Mobility Type, Technology and Geography - Forecast and Analysis 2023-2027

  • Published: Dec 2022
  • Pages: 156
  • SKU: IRTNTR40722

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Medical Exoskeleton market growth will increase by $974.84 million during 2023-2027.
The medical exoskeleton market is expected to grow at a CAGR of 36.43% during 2023-2027.
Technavio has segmented the medical exoskeleton market by mobility type (Mobile exoskeleton and Stationary exoskeleton) ,technology (Powered exoskeletons and Passive exoskeletons) , and geography (North America, Europe, Asia, and Rest of World (ROW)).
Bionik Laboratories Corp., B-Temia, Cyberdyne Inc., DIH Group, Ekso Bionics Holdings Inc., Exoatlet Global SA, Focal Meditech, GOGOA Mobility Robots SL, Honda Motor Co. Ltd, Marsi Bionics SL, Myomo Inc., Ottobock SE and Co. KGaA, P and S Mechanics Co. Ltd., Parker Hannifin Corp., Rehab-Robotics Co. Ltd., ReWalk Robotics Ltd., Rex Bionics Ltd., Sarcos Corp., Wandercraft, Wearable Robotics Srl are a few of the key vendors in the medical exoskeleton market.
North America will register the highest growth rate of 41.08% among the other regions. Therefore, the medical exoskeleton market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the medical exoskeleton market growth are:
  • Increasing incidences of SCIs
  • Launch of technologically advanced products
The medical exoskeleton market vendors should focus on grabbing business opportunities from the Mobile exoskeleton segment as it accounted for the largest market share in the base year.
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