Global Medical Exoskeleton Market, By Component (Hardware and Software), Type (Powered Exoskeleton and Passive Exoskeleton), Mobility (Stationary and Mobile), Extremity (Lower Extremity, Upper Extremity, and Full Body) – Industry Trends and Forecast to 2031.
According to the WHO, an estimated 1.3 million people, which is about 1645.3% of the global population, are experiencing significant disability. This number is on the rise, partly due to population aging and an increase in the prevalence of non-communicable diseases. This growing population of individuals with physical disabilities has fueled the expansion of the global medical exoskeleton market. Medical exoskeletons are used to assist individuals with disabilities, injuries, or vulnerabilities resulting from various medical conditions such as spinal cord injuries (SCI), neuropathy, major trauma such as stroke, and cerebral palsy. These devices are typically employed in controlled environments such as hospitals and rehabilitation centers under the supervision of medical professionals.
The global medical exoskeleton market size was valued at USD 450 million in 2023 and is projected to reach USD 894 million by 2031, with a CAGR of 45.3% during the forecast period of 2024 to 2031.
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**Segments**
- **Product:** The medical exoskeleton market can be segmented based on products into passive exoskeletons and powered exoskeletons. Passive exoskeletons provide support to the user by redistributing weight or assisting with specific movements. On the other hand, powered exoskeletons use motors to provide assistance and enhance the user's strength and endurance.
- **Application:** In terms of application, the medical exoskeleton market can be categorized into rehabilitation exoskeletons and assistive exoskeletons. Rehabilitation exoskeletons are designed to help patients regain mobility and improve motor functions after an injury or surgery. Assistive exoskeletons, on the other hand, are meant to assist users in their daily activities, especially those with mobility impairments.
- **End-User:** The end-user segment of the medical exoskeleton market includes hospitals, rehabilitation centers, and home healthcare settings. Hospitals are significant users of exoskeletons for post-surgery rehabilitation, while rehabilitation centers use these devices to aid patients in regaining mobility. The increasing adoption of exoskeletons in home healthcare settings is also propelling market growth as it offers convenience to patients.
**Market Players**
- **Ekso Bionics:** Ekso Bionics is a prominent player in the medical exoskeleton market, known for its innovative exoskeleton solutions for rehabilitation and assistive purposes. The company offers a range of powered exoskeletons that cater to different needs of patients.
- **Cyberdyne, Inc.:** Cyberdyne, Inc. is another key player in the market, specializing in robotic exoskeletons that assist patients in rehabilitation and daily activities. The company's products are designed to improve the quality of life for individuals with mobility impairments.
- **ReWalk Robotics:** ReWalk Robotics is a leading provider of powered exoskeletons for individuals with spinal cord injuries. The company's exoskeletons enable users to standEkso Bionics is a key player in the medical exoskeleton market, known for its cutting-edge technology and innovative solutions that cater to both rehabilitation and assistive purposes. The company's powered exoskeletons have gained significant traction in the market due to their advanced capabilities in enhancing mobility and improving the quality of life for patients. Ekso Bionics' focus on developing user-friendly and adaptable devices has positioned them as a top choice for healthcare providers looking to implement exoskeleton technology in their facilities.
Cyberdyne, Inc. is a prominent player in the medical exoskeleton market, with a specialization in robotic exoskeletons designed to assist patients in rehabilitation and daily activities. The company's products have garnered attention for their ability to seamlessly integrate technology with human movement, providing users with greater independence and functionality. Cyberdyne's commitment to enhancing the overall well-being of individuals with mobility impairments has solidified its position as a leading provider of exoskeleton solutions globally.
ReWalk Robotics is a key player in the medical exoskeleton market, renowned for its powered exoskeletons tailored specifically for individuals with spinal cord injuries. The company's innovative technology enables users to stand, walk, and perform daily tasks with greater ease and autonomy. ReWalk Robotics' focus on enhancing mobility and promoting physical activity among individuals with spinal cord injuries has propelled them to the forefront of the market, with their devices being widely utilized in rehabilitation centers and hospitals worldwide.
Overall, the medical exoskeleton market is experiencing rapid growth and expansion, driven by increasing awareness about the benefits of exoskeleton technology in enhancing patient outcomes and quality of life. As more healthcare providers integrate exoskeletons into their rehabilitation programs and daily care routines, market players such as Ekso Bionics, Cyberdyne, Inc., and ReWalk Robotics are poised to capitalize on this growing demand. With ongoing research and development efforts focused on improving exoskeleton functionality and user experience, the market is projected to**Global Medical Exoskeleton Market**
- **Component (Hardware and Software):** The global medical exoskeleton market is segmented based on components into hardware and software. Hardware components include the physical structure of the exoskeletons, such as sensors, actuators, and frames, while software components involve the programming and control systems that govern the exoskeleton's movements and functionality.
- **Type (Powered Exoskeleton and Passive Exoskeleton):** The market can also be categorized by the type of exoskeletons, distinguishing between powered exoskeletons and passive exoskeletons. Powered exoskeletons utilize motors and electronics to provide active assistance and support to users, while passive exoskeletons rely on mechanical components to enhance mobility and assist with specific movements.
- **Mobility (Stationary and Mobile):** Another significant segment in the global medical exoskeleton market is mobility, which classifies exoskeletons into stationary and mobile categories. Stationary exoskeletons are typically used in clinical and rehabilitation settings, while mobile exoskeletons are designed for more dynamic and versatile applications, allowing users to move freely in various environments.
- **Extremity (Lower Extremity, Upper Extremity, and Full Body):** The market is further segmented based on the extremity targeted by the exoskeletons, including lower extremity, upper extremity, and full-body exoskeletons. Lower extremity exoskeletons are focused
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Medical Exoskeleton Market Landscape
Part 04: Global Medical Exoskeleton Market Sizing
Part 05: Global Medical Exoskeleton Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Medical Exoskeleton Key Benefits over Global Competitors:
- The report provides a qualitative and quantitative analysis of the Medical Exoskeleton Market trends, forecasts, and market size to determine new opportunities.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- Top impacting factors & major investment pockets are highlighted in the research.
- The major countries in each region are analyzed and their revenue contribution is mentioned.
- The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients
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