Medical Exoskeleton Market Recent Technology, Comprehensive Analysis and Outlook 2027 | Wearable Robotics, Parker Hannifin, ReWalk Robotics, US Bionics, Tyromotion

“Medical Exoskeleton Market” study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.

The market is estimated to grow with a CAGR of 29.4% from 2019-2027. The report highlights the trends prevalent in the global medical exoskeleton market and the factors driving the market along with those that act as challenges to its growth.

This market research report provides a comprehensive picture on “Medical Exoskeleton Market”, from the global viewpoint, offering a forecast and statistic in terms of revenue during the forecast period. The report covers a descriptive analysis with detailed segmentation, complete research and development history, latest news and press releases. Furthermore, the study explains the future opportunities and a sketch of key players operating in the “Medical Exoskeleton Market”.

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The market for medical exoskeleton is expected to grow significantly due to factors such as increase in the number of orthopaedic surgeries, rise in the geriatric population and growing incidences of road accidents. However, the factor such as high cost of the product and regulatory concerns are likely to act as challenges for the growth of the market during the forecast period.

Companies Mentioned:-

  • Bioness Inc.
  • B-Temia Inc.
  • Hocoma AG
  • Wearable Robotics srl
  • Parker Hannifin Corporation
  • ReWalk Robotics
  • US Bionics, Inc.
  • Tyromotion GmbH
  • CYBERDYNE INC
  • Ekso Bionics Holdings, Inc

MARKET SEGMENTATION

Global medical exoskeleton market was segmented by drive type, type, extremity, application and end user. On the basis of the drive type the market is segmented as pneumatic actuator, hydraulic actuator, electric actuator, mechanical, shape memory alloy actuator, other actuator. Based on the type the medical exoskeleton market is segmented into powered exoskeleton, passive exoskeleton); extremity (lower body exoskeleton, upper body exoskeleton. Based on the application the market was segmented into spinal cord injury, multiple sclerosis, cerebral palsy, stroke and others. On the basis of the end user the market was segmented as rehabilitation centers, physiotherapy centers, physiotherapy centers, mining, others.

Asia Pacific is the fastest growing geographic market and it is expected to be the fastest revenue contributor throughout the forecast period. Asia Pacific is recognized as a developing market for the medical devices. The market growth is expected due to the rising developments by the Chinese, Japanese, South Korean and Indian companies in the market of medical exoskeleton. In addition, the market for medical exoskeleton in Australia is expected to grow due to the development in the healthcare system.

Also, it is expected that rising numbers of spinal cord injury across Australia are likely to add for the growth of market. The major factor that is likely to contribute the growth of the medical exoskeleton market is the growing geriatric population in the Japan, China, South Korea and India. 

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Key Benefits:-

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Medical Exoskeleton Market

- Highlights key business priorities in order to assist companies to realign their business strategies

- The key findings and recommendations highlight crucial progressive industry trends in the Medical Exoskeleton Market, thereby allowing players across the value chain to develop effective long term strategies

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

- Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense. 

Contact Us:

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Posted by on Friday November 29 2019, 2:59 PM EST. All trademarks acknowledged. Filed under Biotechnology, Diagnostics, Healthcare, Life Sciences, Medical Devices, Pharmaceuticals. Comments and Trackbacks are open. Follow responses: RSS 2.0

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