We have an updated report [Version - 2023] available. Kindly sign up to get the sample of the report.
Healthcare and Pharmaceuticals industry

Wearable Robotic Exoskeleton Market Size, Insights, Key Players, Business Opportunities, Covid-19 Impact And Emerging Trends By 2028




 

The latest update of “Global Wearable Robotic Exoskeleton Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Wearable Robotic Exoskeleton Market.

Overview of the Wearable Robotic Exoskeleton Market:

The wearable robotic exoskeleton is a revolutionary device that helps people to move and perform other activities while wearing a hand-held robotic system. This advanced technology was first tested on a monkey in 1996. The wearable robotic exoskeleton is an artificial limb that moves like a human. It works by mimicking the motion of the user's hand muscles. The exoskeleton is controlled by an artificial neural network that is embedded in the limbs. This means that the user's hands are always within reach of the device. It can also be worn at different angles, allowing the user to perform a variety of motions with the exoskeleton. The human-machine interface (HMI) of the exoskeleton is calibrated to fit the operator. The patient sat in a medical chair outside the exoskeleton, which was securely fastened with a custom-made support.

Market Drivers:

Rise in the demand for exoskeletons in military applications is expected to augment growth of the global wearable robotic exoskeleton market during the forecast period. In July 2020, the U.S. Marine Corps revealed the plans to test a wearable full-body robotic exoskeleton suit, Guardian XO Alpha that allows one person to carry out tasks of four to ten people.

Furthermore, growing demand for exoskeletons for assisting in personal mobility of patients with body movements disorders such as stokes, Parkinson’s disease is also expected to propel growth of the global wearable robotic exoskeleton market over the forecast period.

Market Restraints:

Large amount initial investment required for the development of wearable robotic devices and non-coverage of these devices are anticipated to hamper growth of the global wearable robotic exoskeleton market over the forecast period.

Regional Analysis:

North America is projected to witness substantial growth in the global wearable robotic exoskeleton market during the forecast period, owing to strong presence of several key players in the market, robust investments in wearable robotics in the region. Moreover, Asia Pacific is also expected to witness significant growth in the global wearable robotic exoskeleton market over the forecast period due to increasing focus on medical and military applications of wearable robotic devices.

Key Players:

Major players operating in the global wearable robotic exoskeleton market are Wearable Robotics Srl, CYBERDYNE, INC., Sarcos Corp, Ekso Bionics, Rex Bionics Pty Ltd., Hocoma, Lockheed Martin, ReWalk Robotics, ExoAtlet, and Bionik Laboratories Corp.

In March 2021, Astrek Innovations, a healthcare startup working with rehabilitation and assistive robotics announced the plans to commence user trials of wearable robotic exosuit, Huddle in the second quarter of 2021. 

Market Estimation:

The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.

COVID-19 Impact:

The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Wearable Robotic Exoskeleton Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.

Market Competition Assessment:

The Wearable Robotic Exoskeleton Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are

  • CYBERDYNE, INC. (Japan)
  • Ekso Bionics (United States)
  • Hocoma (Switzerland)
  • ReWalk Robotics (United States)
  • Bionik Laboratories Corp. (Canada)
  • ExoAtlet (Luxembourg)
  • Lockheed Martin (United States)
  • Rex Bionics Pty Ltd. (United States)
  • Sarcos Corp. (United States)
  • Wearable Robotics Srl (Italy)

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Wearable Robotic Exoskeleton Market report on the basis of Types, Applications, and Regions.

By Product Type, the market is primarily segmented into:

  • Powered
  • Passive

By Applications, the market is segmented into:

  • Healthcare
  • Industrial
  • Defense & Aerospace
  • Others (Commercial, etc.)

The report covers the following Regions:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Africa
  • Middle East

Primary Research Insights:

The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.

The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:

  1. What can be the best investment choices for venturing into new product and service lines?
  2. Which regions might see the demand maturing in certain segments in near future?
  3. Which government regulations might challenge the status of key regional markets?
  4. What are some of the value-grab opportunities in various segments?
  5. What will be the barrier to entry for new players in the market?

Why You Should Buy This Report:

  • The report provides an all-inclusive environment of the analysis for the market
  • In-depth secondary research and primary interviews
  • Impact of various social, political, and economic factors
  • Porter’s Five Forces Analysis
  • Competitive Landscape

Available Customizations:

Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

Table of Content

 

1 Report Overview

 

1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Wearable Robotic Exoskeleton Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Wearable Robotic Exoskeleton Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Wearable Robotic Exoskeleton Market
1.6.1 How the Covid-19 is Affecting the Wearable Robotic Exoskeleton Market
1.6.1.1 Wearable Robotic Exoskeleton Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Wearable Robotic Exoskeleton Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered

 

2 Global Growth Trends by Regions

 

2.1 Wearable Robotic Exoskeleton Market Perspective (2015-2028)
2.2 Wearable Robotic Exoskeleton Market Growth Trends by Regions
2.2.1 Wearable Robotic Exoskeleton Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Wearable Robotic Exoskeleton Market Historic Market Share by Regions (2015-2021)
2.2.3 Wearable Robotic Exoskeleton Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Wearable Robotic Exoskeleton Market Growth Strategy
2.3.6 Primary Interviews with Key Wearable Robotic Exoskeleton Market Players (Opinion Leaders)

 

3 Competition Landscape by Key Players

 

3.1 Global Top Wearable Robotic Exoskeleton Market Players by Market Size
3.1.1 Global Top Wearable Robotic Exoskeleton Market Players by Revenue (2015-2021)
3.1.2 Global Wearable Robotic Exoskeleton Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Wearable Robotic Exoskeleton Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Wearable Robotic Exoskeleton Market Concentration Ratio
3.2.1 Global Wearable Robotic Exoskeleton Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Wearable Robotic Exoskeleton Market Revenue in 2019
3.3 Wearable Robotic Exoskeleton Market Key Players Head office and Area Served
3.4 Key Players Wearable Robotic Exoskeleton Market Product Solution and Service
3.5 Date of entering into Wearable Robotic Exoskeleton Market
3.6 Mergers & Acquisitions, Expansion Plans

 

4 Breakdown Data by Type (2015-2028)

 

4.1 Global Wearable Robotic Exoskeleton Market Historic Market Size by Type (2015-2021)
4.2 Global Wearable Robotic Exoskeleton Market Forecasted Market Size by Type (2021-2028)

 

5 Wearable Robotic Exoskeleton Market Breakdown Data by Application (2015-2028)

 

5.1 Global Wearable Robotic Exoskeleton Market Size by Application (2015-2021)
5.2 Global Wearable Robotic Exoskeleton Market Forecasted Market Size by Application (2021-2028)

 

6 North America

 

6.1 North America Wearable Robotic Exoskeleton Market Size (2015-2021)
6.2 Wearable Robotic Exoskeleton Market Key Players in North America (2019-2021)
6.3 North America Wearable Robotic Exoskeleton Market Size by Type (2015-2021)
6.4 North America Wearable Robotic Exoskeleton Market Size by Application (2015-2021)

 

7 Europe

 

7.1 Europe Wearable Robotic Exoskeleton Market Size (2015-2021)
7.2 Wearable Robotic Exoskeleton Market Key Players in Europe (2019-2021)
7.3 Europe Wearable Robotic Exoskeleton Market Size by Type (2015-2021)
7.4 Europe Wearable Robotic Exoskeleton Market Size by Application (2015-2021)

 

8 China

 

8.1 China Wearable Robotic Exoskeleton Market Size (2015-2021)
8.2 Wearable Robotic Exoskeleton Market Key Players in China (2019-2021)
8.3 China Wearable Robotic Exoskeleton Market Size by Type (2015-2021)
8.4 China Wearable Robotic Exoskeleton Market Size by Application (2015-2021)

 

9 Japan

 

9.1 Japan Wearable Robotic Exoskeleton Market Size (2015-2021)
9.2 Wearable Robotic Exoskeleton Market Key Players in Japan (2019-2021)
9.3 Japan Wearable Robotic Exoskeleton Market Size by Type (2015-2021)
9.4 Japan Wearable Robotic Exoskeleton Market Size by Application (2015-2021)

 

10 Southeast Asia

 

10.1 Southeast Asia Wearable Robotic Exoskeleton Market Size (2015-2021)
10.2 Wearable Robotic Exoskeleton Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Wearable Robotic Exoskeleton Market Size by Type (2015-2021)
10.4 Southeast Asia Wearable Robotic Exoskeleton Market Size by Application (2015-2021)

 

11 India

 

11.1 India Wearable Robotic Exoskeleton Market Size (2015-2021)
11.2 Wearable Robotic Exoskeleton Market Key Players in India (2019-2021)
11.3 India Wearable Robotic Exoskeleton Market Size by Type (2015-2021)
11.4 India Wearable Robotic Exoskeleton Market Size by Application (2015-2021)

 

12 Central & South America

 

12.1 Central & South America Wearable Robotic Exoskeleton Market Size (2015-2021)
12.2 Wearable Robotic Exoskeleton Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Wearable Robotic Exoskeleton Market Size by Type (2015-2021)
12.4 Central & South America Wearable Robotic Exoskeleton Market Size by Application (2015-2021)

 

13 Key Players Profiles

 

13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Wearable Robotic Exoskeleton Market Introduction
13.4 Wearable Robotic Exoskeleton Market Business (2015-2021)
13.5 Recent Development

 

14 Analyst's Viewpoints/Conclusions

 

15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details

 

List of Table

 

Table 1. Wearable Robotic Exoskeleton Market Key Market Segments
Table 2. Key Players Covered: Ranking by Wearable Robotic Exoskeleton Market Revenue
Table 3. Ranking of Global Top Wearable Robotic Exoskeleton Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Wearable Robotic Exoskeleton Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Wearable Robotic Exoskeleton Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Wearable Robotic Exoskeleton Market Players to Combat Covid-19 Impact
Table 10. Global Wearable Robotic Exoskeleton Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Wearable Robotic Exoskeleton Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Wearable Robotic Exoskeleton Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Wearable Robotic Exoskeleton Market Share by Regions (2015-2021)
Table 14. Global Wearable Robotic Exoskeleton Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Wearable Robotic Exoskeleton Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Wearable Robotic Exoskeleton Market Growth Strategy
Table 20. Main Points Interviewed from Key Wearable Robotic Exoskeleton Market Players
Table 21. Global Wearable Robotic Exoskeleton Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Wearable Robotic Exoskeleton Market Share by Players (2015-2021)
Table 23. Global Top Wearable Robotic Exoskeleton Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Wearable Robotic Exoskeleton Market as of 2019)
Table 24. Global Wearable Robotic Exoskeleton Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Wearable Robotic Exoskeleton Market Product Solution and Service
Table 27. Date of entering into Wearable Robotic Exoskeleton Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Wearable Robotic Exoskeleton Market Size by Type (2015-2021) (Million US$)
Table 30. Global Wearable Robotic Exoskeleton Market Size Share by Type (2015-2021)
Table 31. Global Wearable Robotic Exoskeleton Market Revenue Market Share by Type (2021-2028)
Table 31. Global Wearable Robotic Exoskeleton Market Size Share by Application (2015-2021)
Table 33. Global Wearable Robotic Exoskeleton Market Size by Application (2015-2021) (Million US$)
Table 34. Global Wearable Robotic Exoskeleton Market Size Share by Application (2021-2028)
Table 35. North America Key Players Wearable Robotic Exoskeleton Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Wearable Robotic Exoskeleton Market Share (2019-2021)
Table 37. North America Wearable Robotic Exoskeleton Market Size by Type (2015-2021) (Million US$)
Table 38. North America Wearable Robotic Exoskeleton Market Share by Type (2015-2021)
Table 39. North America Wearable Robotic Exoskeleton Market Size by Application (2015-2021) (Million US$)
Table 40. North America Wearable Robotic Exoskeleton Market Share by Application (2015-2021)
Table 41. Europe Key Players Wearable Robotic Exoskeleton Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Wearable Robotic Exoskeleton Market Share (2019-2021)
Table 43. Europe Wearable Robotic Exoskeleton Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Wearable Robotic Exoskeleton Market Share by Type (2015-2021)
Table 45. Europe Wearable Robotic Exoskeleton Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Wearable Robotic Exoskeleton Market Share by Application (2015-2021)
Table 47. China Key Players Wearable Robotic Exoskeleton Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Wearable Robotic Exoskeleton Market Share (2019-2021)
Table 49. China Wearable Robotic Exoskeleton Market Size by Type (2015-2021) (Million US$)
Table 50. China Wearable Robotic Exoskeleton Market Share by Type (2015-2021)
Table 51. China Wearable Robotic Exoskeleton Market Size by Application (2015-2021) (Million US$)
Table 52. China Wearable Robotic Exoskeleton Market Share by Application (2015-2021)
Table 53. Japan Key Players Wearable Robotic Exoskeleton Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Wearable Robotic Exoskeleton Market Share (2019-2021)
Table 55. Japan Wearable Robotic Exoskeleton Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Wearable Robotic Exoskeleton Market Share by Type (2015-2021)
Table 57. Japan Wearable Robotic Exoskeleton Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Wearable Robotic Exoskeleton Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Wearable Robotic Exoskeleton Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Wearable Robotic Exoskeleton Market Share (2019-2021)
Table 61. Southeast Asia Wearable Robotic Exoskeleton Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Wearable Robotic Exoskeleton Market Share by Type (2015-2021)
Table 63. Southeast Asia Wearable Robotic Exoskeleton Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Wearable Robotic Exoskeleton Market Share by Application (2015-2021)
Table 65. India Key Players Wearable Robotic Exoskeleton Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Wearable Robotic Exoskeleton Market Share (2019-2021)
Table 67. India Wearable Robotic Exoskeleton Market Size by Type (2015-2021) (Million US$)
Table 68. India Wearable Robotic Exoskeleton Market Share by Type (2015-2021)
Table 69. India Wearable Robotic Exoskeleton Market Size by Application (2015-2021) (Million US$)
Table 70. India Wearable Robotic Exoskeleton Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Wearable Robotic Exoskeleton Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Wearable Robotic Exoskeleton Market Share (2019-2021)
Table 73. Central & South America Wearable Robotic Exoskeleton Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Wearable Robotic Exoskeleton Market Share by Type (2015-2021)
Table 75. Central & South America Wearable Robotic Exoskeleton Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Wearable Robotic Exoskeleton Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Wearable Robotic Exoskeleton Market Business (2015-2021) (Million US$)
Table 81. Recent Development

 

List of Figures

 

Figure 1. Global Wearable Robotic Exoskeleton Market Share by Type: 2021 VS 2028
Figure 2. Global Wearable Robotic Exoskeleton Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Wearable Robotic Exoskeleton Market Report Years Considered
Figure 8. Global Wearable Robotic Exoskeleton Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Wearable Robotic Exoskeleton Market Share by Regions: 2021 VS 2028
Figure 10. Global Wearable Robotic Exoskeleton Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Wearable Robotic Exoskeleton Market Share by Players in 2019
Figure 13. Global Top Wearable Robotic Exoskeleton Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Wearable Robotic Exoskeleton Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Wearable Robotic Exoskeleton Market Revenue in 2019
Figure 15. North America Wearable Robotic Exoskeleton Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Wearable Robotic Exoskeleton Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Wearable Robotic Exoskeleton Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Wearable Robotic Exoskeleton Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Wearable Robotic Exoskeleton Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Wearable Robotic Exoskeleton Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Wearable Robotic Exoskeleton Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed

 



Frequently Asked Questions

The report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry.
The report efficiently evaluates the current market size and provides industry forecast. The market was valued at xx Million US$ in 2019, and is expected to grow at a CAGR of xx% during the period 2020-2027.
The report efficiently evaluates the current market size and provides forecast for the industry in terms of Value (US$ Mn) and Volume (Mn Units).
Market is segmented by Product Types, Drug Class, Indication, Applications, Services Types, End-users, Distribution channel, and Regions.
The report presents the current market size, and market forecast, market opportunities, key drivers and restraints, pipeline Analysis, incidence rate, epidemiology analysis, prevalence rate, regulatory scenario, industry trend, PESTLE analysis, PORTER’s analysis, new product approvals/launch, promotion and marketing initiatives, pricing analysis, export-import analysis, trade analysis, competitive landscape which help businesses in decision making. The analysis data is based on current and historical market trends which help in investment related decisions.
Custom research is crucial components of the business strategy which helps any organization to gain insight into specific business sector, aligned with specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

Get In Touch

In search of customized market research solution? We are here to help you. Contact us.