Report Code: A15146 | Pages: NA | Mar 2023 | 1210 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Wearable Robotic Exoskeleton Market
Request Now !Wearable robotic exoskeletons are wearable electromechanical devices that have been developed as augmentative devices to enhance the physical performance of the wearer or as orthotic devices for gait rehabilitation or locomotion assistance. These devices are extensively used to repair and expand the natural human movements that are lost due to neuromuscular dysfunctions. Moreover, exosuits are extensively capable of assisting any body part for support application. Hence, exosuits are highly used by elderly people and in construction, manufacturing, and logistics industries.
The global wearable market is experiencing significant growth and is expected to rise considerably in the next few years. The wearable robotic exoskeleton is a device developed to enhance the physical performance of an individual or provide locomotion assistance. The emergence of the wearable robotic exoskeleton market has enabled an unmatched level of robotic use as these machines directly align with the human body structures as per requirements. Exoskeleton technologies can profoundly transform the way we live. Wearable robotic exoskeleton devices work in tandem with the user and act as amplifiers that augment, reinforce, or restore human performance. The exoskeleton is also referred to as a robotic suit, powered armor, exo-frame or exosuit, wearable machine, power jacket, and others. The growth in the wearable robotic exoskeleton market is majorly propelled by the rise in demand from the healthcare sector for orthopaedic rehabilitation, the increase in prevalence of stroke, and the growing investment of the military & defense sector.
Report Metric | Details |
 Market Size Available for Years |  2021-2030 |
 Base Year Considered |  2020 |
 Forecast Period |  2021-2030 |
 Forecast Unit |  Value (USD) |
 Segments Covered | Operation Mode, Application, End User, Material, and Region |
 Companies Covered | Honda Motor co. Ltd., Lockheed Martin, Rex Bionics Pty Ltd., Sarsco Corp., Wearable robotics Srl, ExoAtlet, Bionik laboratories Corp., Rewalk Robotics, Hocoma, Esko Bionics, B-Temia Inc., Bionik Laboratories Corp., Cyberdyne Inc., and Daiya Industry Co. |
Â
COVID-19 Impact Analysis
Top Impacting Factors
The wearable robotic exoskeleton can enhance powerlifting, load carrying, and endurance functions. The market has received a series of funding from the department of defense of several nations. The wearable robotic exoskeleton market is exhibiting an upbeat growth outlook which, coupled with growing awareness about these devices in different fields, is attracting more investments in the industry, especially from venture capitalists.
Various exoskeletons developed to date are effectively designed and tested for mechanical structure and support soldiers to augment main body strength. The use of wearable exoskeletons has grown in healthcare sectors due to the increase in the number of people with physical disabilities, especially in the geriatric population.
Market Trends
 Key Benefits of Report
Start reading.
This Report and over 19,601+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers