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deshpandeisha · 3 months ago

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The Rise of Exoskeletons: Transforming Mobility and Productivity in Various Industries

The exoskeleton market refers to the development and production of wearable devices that support and augment the human body, particularly in the areas of mobility and strength. Exoskeletons have become increasingly prevalent in recent years, with a wide range of applications in healthcare, military, industrial, and consumer sectors. The global exoskeleton market size reached USD 334.5 Million in 2022 and is expected to register a revenue CAGR of 16.4% during the forecast period, according to latest analysis by Emergen Research. The market for exoskeletons is driven by a variety of factors, including technological advancements, increasing investment in research and development, and growing demand for assistive devices for elderly and disabled individuals.

One of the primary drivers of the exoskeleton market is the increasing adoption of new technologies. Recent advancements in material sciences, robotics, and artificial intelligence have paved the way for the development of more advanced and effective exoskeletons. These devices are now capable of providing greater support and mobility, as well as enabling more precise control and feedback mechanisms.

Another factor driving the exoskeleton market is the growing investment in research and development. Governments and private organizations around the world are increasingly investing in exoskeleton technology, recognizing the potential benefits for a range of applications. This has led to a significant increase in funding for exoskeleton research, with a focus on developing new materials, sensors, and control mechanisms to improve the performance and effectiveness of these devices.

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Competitive Terrain:

The global Exoskeleton industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Ekso Bionics, Hocoma, Lockheed Martin Corporation, Suitx, Rex Bionics Ltd., RB3D, ReWalk Robotics, Cyberdyne, Inc., Panasonic Corporation, Sarcos Technology, and Robotics Corporation

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Exoskeleton market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Exoskeleton market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Exoskeleton market.

Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now)@ https://www.emergenresearch.com/request-discount/1924

Market Segmentations of the Exoskeleton Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Exoskeleton market on the basis of product, application, and region:

Segments Covered in this report are:

Mobility Outlook (Revenue, USD Million; 2019-2032)

Mobile

Fixed/Stationary

Technology Outlook (Revenue, USD Million; 2019-2032)

Powered

Non-Powered

End-Use Outlook (Revenue, USD Million; 2019-2032)

Healthcare

Military

Others

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/exoskeleton-market

Major Geographies Analyzed in the Report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

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communicationblogs · 4 months ago

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Neurorehabilitation Devices Market — Forecast(2024–2030)

Neurorehabilitation Devices Market Overview

Projected to reach USD 5.63 billion by 2030, growing at a CAGR of 14.32% from 2024 to 2030.Neurorehabilitation is a complex medical process that aims to aid the recovery from a nervous system injury and minimize the functional alterations resulting from it. Neurorehabilitation Devices are designed to help and treat patients with the nervous system or neurological diseases. The use of neurorehabilitation devices enhances the intensity and quality of the neurorehabilitation process and ensures optimal rehabilitation of patients with neurological disorders. Technological advancements in transcranial magnetic stimulation and brain computer interface, increasing demand for the appropriate and efficient neuro-rehab devices for Cerebral palsy, growing demand for neuro-robotic devices to provide different ways of treatment depending on the specific function to be restored, increase in the demand for prosthetics devices in the treatment of various diseases and rise in the number of patients suffering from movement disabilities are all the factors that are set to drive the growth of the global Neurorehabilitation Devices Market for the period 2024–2030.

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Neurorehabilitation Devices Market Report Coverage

The report: “Neurorehabilitation Devices Market Forecast (2024–2030)”, by Industry ARC covers an in-depth analysis of the following segments of the Neurorehabilitation Devices Market.

By Product Type: Neurorobotics, Brain Computer Interface, Wearable Devices, and Non-invasive Stimulators. By Disease: Stroke, Multiple Sclerosis, Cerebral Palsy, Parkinson’s Disease, and Others. By Geography- North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and the Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Colombia, and Rest of South America), and Rest of the World (the Middle East, and Africa).

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Key Takeaways

Geographically, North America Neurorehabilitation Devices Market accounted for the highest revenue share in 2021 and it is poised to dominate over the period 2024–2030 owing to the technological advancements in electrostimulation for the treatment of spinal cord injuries and an increase in the demand for prosthetics devices.

The recent developments in the form of exoskeletons to provide body support to physically disabled and traumatized patients are driving the growth of the neurorobotics segment. However, the Lack of effective training modalities for the robotic devices is one of the major factors that is said to reduce the growth of the Neurorehabilitation Devices Market.

A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Neurorehabilitation Devices Market Report.

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Neurorehabilitation Devices Market Segmentation Analysis- By Product Type :

The Neurorehabilitation Devices Market-based on the Product Type can be further segmented into Neurorobotics, Brain Computer Interface, Wearable Devices, and Non-invasive Stimulators. The Neurorobotics segment held the largest share in 2021 owing to the growing investments by the manufacturers to develop novel systems and platforms. Neurorobotics have the potential for accurate assessment of motor function to assess the patient status, measure the therapy progress, and give the patient and therapist real-time feedback on movement performance. The recent developments in neurorobotics in the form of exoskeletons to provide body support to the physically disabled and traumatized patients are driving the growth of the Neurorehabilitation Devices Market.

Brain Computer Interface is estimated to be the fastest-growing segment with a CAGR of 16.7% over the period 2024–2030. This is owing to the rise in technological developments facilitating communication and movement in paralytic patients. The ability to acquire signals, analyze, and translates them into commands that are relayed to an output device to carry out the desired action is further propelling the demand for brain computer interface devices, which in turn is driving the growth of the market.

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Neurorehabilitation Devices Market Segmentation Analysis- By Disease

The Neurorehabilitation Devices Market-based by Disease can be further segmented into Stroke, Multiple Sclerosis, Cerebral Palsy, Parkinson’s Disease, and Others. The Stroke segment held the largest share in 2021 and is also estimated to be the fastest-growing segment with a CAGR of 16.5% over the period 2024–2030. The growth in this segment is owing to the factors such as the growing focus by the healthcare companies to develop new solutions for the treatment of stroke, the rise in the prevalence of stroke among the people suffering from lifestyle diseases, and the growing aging population. Growing guidelines by the health commissions for developing advanced technologies for treating the people suffering from strokes is driving the growth of the Neurorehabilitation Devices Market. Parkinson’s disease segment held the second-largest share in 2021 owing to the factors such as the increase in the government funding for research and development activities for developing new technologies for the treatment of the Parkinson’s disease, rising healthcare awareness among the patients, and growing prevalence of Parkinson’s disease in the developed nations.

Neurorehabilitation Devices Market Segmentation Analysis- By Geography

The Neurorehabilitation Devices Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. North America held a dominant market share of 36% in the year 2021. The growth in this segment is owing to factors such as the growing incidence rate of neurological diseases, the rise in the number of patients suffering from movement disabilities, and technological advancements in electrostimulation and transcranial magnetic stimulation for the treatment of spinal cord injuries. The presence of major players in the region is driving the growth of the market.

Asia-Pacific is estimated to be the fastest-growing segment over the period 2024–2030. The growth in this segment is owing to the factors such as an increase in the awareness coupled with constantly improving healthcare infrastructure, growing strategic initiatives by the key players to expand the operations in the region, increasing incidences of Alzheimer’s and Parkinson’s disease, and the rise in the investment for the research and development activities.

Neurorehabilitation Devices Market Drivers

Technological Advancements in Electrostimulations is a Key Factor in Market Growth.

According to the National Center for Biotechnology Information (NCBI) research in 2019, adding advanced electrostimulation to Standard Wound Care in all wound types increases efficiency by an extra 26.7%. New technologies in electrostimulation for the treatment of spinal cord injuries are enhancing the growth of the neurorehabilitation devices market. Researchers across the world are developing a new multi-electrode to stimulate the spinal cord at different points to improve the patient’s quality of life. This new electrode is capable of deploying diversified electric messages to different fibers of the cord in a targeted and independent manner, which is driving the growth of the Neurorehabilitation Devices Market.

Rise in the Demand for Neuro-robotic Devices is Propelling the Market Growth.

According to The IEEE Robotics and Automation Magazine, the behavior control ability of neuro-robotic devices was approximately 20,000 neurons and nearly 5,00,000 synaptic connections, and also all of the are updated in real-time to keep up with the active sensors. Neuro-robotic devices combined with neuroscience and rehabilitation became the standard method in the treatment of neurological disorders as it provides different ways of treatment, depending on the specific function to be restored. The technological advancements in robotics and its combination with neuroscience have led to the emergence of next-generation rehabilitation techniques, which is further propelling the growth of the Neurorehabilitation Devices Market.

Neurorehabilitation Devices Market Challenges

Lack of Effective Training Modalities in the Robotic Devices Is Hampering the Growth of the Neurorehabilitation Devices Market.

According to the Journal of NeuroEngineering and Rehabilitation, Passive training modalities are very less for acute than for chronic subjects with only 24% of the groups of acute trained with these modalities in 2019. Robotic neurorehabilitation is gaining prominence in the neurorehabilitation devices market. With the launch of novel technologies, the key companies are enhancing the capabilities of robots to offer cost-effective solutions in clinical practice. However, the lack of effective training modalities for these robotic devices is acting as a major challenge for the healthcare companies to design robotic devices, which is estimated to reduce the growth of the Neurorehabilitation devices Market.

Neurorehabilitation Devices Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Neurorehabilitation Devices Market. The top 10- Neurorehabilitation Devices Market companies are-

Biometrics Ltd

Bionik Laboratories

Bioxtreme Robotics Rehabilitation

Bioness Inc

Ekso Bionics

Ectron Ltd

Kinestica

Medtronic PLC

Kinova Robotics

Hocoma AG

Recent Developments

In February 2022, MindMaze, a neurotherapeutics company secured a USD 105 million financing round to accelerate its commercial growth plans, enhance ongoing R&D and consolidate the clinical development pipeline of its digital therapeutic solutions for various neurological diseases.

In November 2019, Ekso Bionics Holdings has launched the EksoNR, the next generation of its EksoGT robotic exoskeleton, developed for neurorehabilitation purposes. It is an intuitive exoskeleton that empowers patients recovering from stroke and other conditions to learn to walk again with a more natural gait. These features and software enhancements are aimed to get more out of rehabilitation sessions.

In January 2019, Bionik Laboratories has launched InMotion Connect to target the clinical need and improve technology and update the traditional neurorehabilitation process to increase the return on assets. These systems are used for the clinical rehabilitation of stroke survivors. These improved generation InMotion ARM/HAND were developed based on the same principles of neuroplasticity.

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#marketing #digital marketing #reseach marketing #japan #Neurorehabilitation #healthcare #medicine

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nehamarketing · 4 months ago

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omshinde5145 · 5 months ago

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Human Augmentation Market Size, Revenue Share, Drivers & Trends Analysis, 2024–2030

The Global Human Augmentation Market was valued at USD 171.4 billion in 2023 and is projected to reach USD 719.7 billion by 2030, growing at a CAGR of 22.8% from 2024 to 2030. Human augmentation refers to the use of technology, biological interventions, or other enhancements to improve or extend the physical, cognitive, or sensory capabilities of the human body. The goal of human augmentation is to enhance human performance, overcome physical or cognitive limitations, and potentially enable individuals to achieve tasks or experiences beyond its natural ability. This can involve the integration of wearable devices, exoskeleton, or other technologies to augment and enhance various aspects of human functioning.

Advancement in various technologies such as AI, automation, robotics has played a significant role in driving the human augmentation market. These technological developments have contributed to the evolution and integration of innovative solutions aimed at enhancing human capabilities across different domains. However, high cost of these technologies has impacted the growth of this market.

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Key Drivers

Technological Advancements: Breakthroughs in artificial intelligence, machine learning, and biotechnology are enabling the development of more sophisticated and user-friendly augmentation devices. Innovations such as neural implants and smart contact lenses are becoming increasingly viable.

Healthcare Applications: Human augmentation technologies are transforming healthcare by providing new solutions for rehabilitation, disability management, and chronic disease treatment. Exoskeletons, for example, are helping patients with mobility impairments regain independence.

Workplace Productivity: Augmentation tools are enhancing productivity and safety in various industries. Wearable devices that monitor worker health and performance are becoming standard in sectors like construction, manufacturing, and logistics.

Consumer Adoption: Growing consumer interest in health and wellness is driving the adoption of wearable technologies. Fitness trackers, smart glasses, and other personal augmentation devices are becoming mainstream.

Challenges and Opportunities

Despite its potential, the human augmentation market faces several challenges. Ethical concerns, privacy issues, and regulatory hurdles are significant barriers to widespread adoption. However, these challenges also present opportunities for companies to innovate and develop solutions that address these concerns.

Market Segments

Wearable Devices: Including fitness trackers, smartwatches, and health monitoring devices.

Exoskeletons: Used in both healthcare and industrial applications to assist with mobility and strength.

Prosthetics and Orthotics: Advanced prosthetic limbs and supportive orthotic devices that enhance physical capabilities.

Brain-Computer Interfaces (BCIs): Technologies that enable direct communication between the brain and external devices, opening new possibilities for controlling technology and augmenting cognitive functions.

Key Players

Several leading technology and healthcare companies are at the forefront of the human augmentation market. Companies such as Google, Apple, and Medtronic are investing heavily in R&D to develop next-generation augmentation technologies. Start-ups and academic institutions are also playing a critical role in driving innovation and expanding the market landscape.

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Future Outlook

The future of the human augmentation market looks promising, with continued advancements expected to make these technologies more accessible and effective. Collaboration between industry stakeholders, policymakers, and ethicists will be crucial in navigating the challenges and unlocking the full potential of human augmentation.

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Intent Market Research (IMR) is designed to offer unique market insights, with a core focus on sustainable and inclusive growth of our clients. We offer comprehensive market research reports and consulting services to help our clients to take data driven business decisions.

Our market intelligence reports offer fact-based and relevant insights across range of industries including chemicals & materials, healthcare, food & beverage, automotive & transportation, energy & power, packaging, industrial equipment, building & construction, aerospace & defence, semiconductor & electronics to name few.

Our approach is deeply collaborative, working closely with clients to drive transformative change that benefits all stakeholders and have positive impacts. With a strong emphasis on innovation, we’re here to help businesses grow, build sustainable advantages, and bring remarkable changes.

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#Human Augmentation #Human enhancement

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globalgrowthinsights · 5 months ago

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Blockchain in Telecom Market Size, Share, Growth, Trends [2032]

Blockchain in Telecom Market provides in-depth analysis of the market state of Blockchain in Telecom manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Blockchain in Telecom in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Blockchain in Telecom Market Report:

The report offers a comprehensive and broad perspective on the global Blockchain in Telecom Market.

The market statistics represented in different Blockchain in Telecom segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Blockchain in Telecom are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Blockchain in Telecom.

Major stakeholders, key companies Blockchain in Telecom, investment feasibility and new market entrants study is offered.

Development scope of Blockchain in Telecom in each market segment is covered in this report. The macro and micro-economic factors affecting the Blockchain in Telecom Market

Advancement is elaborated in this report. The upstream and downstream components of Blockchain in Telecom and a comprehensive value chain are explained.

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credenceresearchdotblog · 5 months ago

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The gait rehabilitation system market is currently valued at USD 356.28 million in 2024 and is poised for robust growth. It is forecast to reach a valuation of US$ 473.69 million by 2032. This growth trajectory represents a compound annual growth rate (CAGR) of 3.62% from 2024 to 2032, indicating a steady and significant expansion in the market over this period. Gait rehabilitation systems have emerged as a pivotal technology in the medical field, offering innovative solutions for patients with gait abnormalities due to various conditions, such as stroke, cerebral palsy, multiple sclerosis, and spinal cord injuries. The market for these systems is witnessing significant growth, driven by advancements in technology, increasing prevalence of gait disorders, and a growing aging population.

Browse the full report at https://www.credenceresearch.com/report/gait-rehabilitation-system-market

Market Dynamics

Increasing Prevalence of Gait Disorders

The prevalence of gait disorders is on the rise globally, largely due to the increasing incidence of neurological disorders and aging-related conditions. According to the World Health Organization (WHO), approximately 15 million people suffer from stroke each year, with many experiencing long-term mobility issues. Similarly, diseases such as Parkinson's, multiple sclerosis, and cerebral palsy significantly contribute to gait abnormalities, creating a substantial demand for effective rehabilitation solutions.

Technological Advancements

Advancements in technology have revolutionized gait rehabilitation systems. Modern systems incorporate robotics, virtual reality (VR), and artificial intelligence (AI) to enhance patient outcomes. Robotic exoskeletons, for example, provide support and assistance to patients during walking exercises, enabling repetitive and precise movements that are crucial for neuroplasticity and recovery. VR-based gait training systems create immersive environments that motivate patients and provide real-time feedback, improving engagement and effectiveness.

Aging Population

The global aging population is another key driver of the gait rehabilitation system market. As people age, the likelihood of experiencing mobility issues increases, necessitating effective rehabilitation solutions. The United Nations projects that the number of people aged 60 and above will double by 2050, reaching over 2 billion. This demographic shift is expected to significantly boost the demand for gait rehabilitation systems in the coming years.

Market Segmentation

The gait rehabilitation system market can be segmented based on product type, end-user, and region.

Product Type

1. Exoskeletons: These wearable devices support and enhance the movements of individuals with mobility impairments. They are widely used in rehabilitation centers and have shown promising results in improving gait patterns. 2. Treadmills and Gait Trainers: These devices are equipped with various features such as body weight support and speed adjustment, aiding in the recovery of walking abilities.

3. Motion Analysis Systems: These systems utilize sensors and cameras to analyze the gait of patients, providing detailed data that helps in designing personalized rehabilitation programs.

End-User

1. Hospitals and Clinics: These settings are primary users of gait rehabilitation systems, as they offer specialized care and rehabilitation services. 2. Rehabilitation Centers: Dedicated rehabilitation centers are increasingly adopting advanced gait rehabilitation systems to enhance patient outcomes.

3. Home Care Settings: With the growing trend of home-based care, many patients prefer using portable gait rehabilitation devices at home for convenience and continuous therapy.

Regional Insights

The gait rehabilitation system market is geographically diverse, with significant growth observed in North America, Europe, Asia-Pacific, and Latin America.

1. North America: This region dominates the market, driven by high healthcare expenditure, advanced healthcare infrastructure, and the presence of key market players. The increasing prevalence of neurological disorders and a supportive regulatory environment further propel market growth.

2. Europe: Europe holds a substantial share of the market, attributed to the rising aging population and growing adoption of advanced rehabilitation technologies. Countries like Germany, France, and the UK are major contributors.

3. Asia-Pacific: This region is expected to witness the highest growth rate, owing to the increasing awareness about rehabilitation, improving healthcare infrastructure, and a rising number of stroke cases. Japan and China are leading markets within this region.

4. Latin America: The market in Latin America is growing steadily, with countries like Brazil and Mexico investing in advanced healthcare solutions to cater to the increasing patient population with mobility issues.

Challenges and Opportunities

Despite the promising growth, the gait rehabilitation system market faces certain challenges. High costs associated with advanced rehabilitation systems and limited awareness in developing regions are significant barriers. Additionally, the need for skilled professionals to operate these systems can limit their adoption in some areas.

However, opportunities abound. Continuous advancements in technology, coupled with increasing investments in healthcare infrastructure, are expected to mitigate these challenges. Collaborations between healthcare providers and technology companies can also drive innovation and accessibility, expanding the reach of gait rehabilitation systems to a broader patient population.

Key Players

DIH Medical

Meditouch

HIWIN Corporation

BAMA teknoloji

Restorative Therapies, Inc.

Zebris Medical GmbH

Reha Technology AG

Groupe WINNCARE

PRODROMUS S.A.

Meden-Inmed Sp. z o.o.

Segmentation

By Application

Orthopaedic Disorders

Neurological Disorders

Amputation

Others

By Product Type

Treadmill System

Exoskeleton

Gait Trainer Walker

By End Users

Clinics,

Hospitals,

Nursing Home,

Rehabilitation Centers

By Age

Paediatric

Adult

By Connectivity

Wired

Wireless

Artificial intelligence

Offering

Technology

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#Gait Rehabilitation

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trendingreportz · 6 months ago

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Robotic Exoskeleton Market - Forecast(2024 - 2030)

Robotic Exoskeleton Market Overview

Robotic Exoskeleton Market generated revenue of $447.95 M in 2020 and is estimated to reach $852.26 by 2026, growing at CAGR of 13.1% during the forecast period of 2021-2026. Robotic exoskeletons are electromechanical wearable robotic units controlled by computer boards to power a system of pneumatics, hydraulics, and motors. It involve actuators, algorithms, sensors, and mechanical structures of acquiring information to execute a motor function. Robotic exoskeletons are designed to increase versatility and safety and are a unique form of professional services robot. These robotic exoskeletons provide essential support for human motions, with potential uses ranging from consumer products to military deployment. Increasing demand of exoskeleton in military and medical applications and rapid technological advancements in artificial intelligence and robotics are projected to boost the market growth.

Report Coverage

The report: “Robotic Exoskeleton Market Report– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Robotic Exoskeleton Market

By Product Type: Stationary, Mobile

By Body Part: Full Body, Upper Body, Lower Body

By Power: Passive, Powered

By Application: Medical, Military, Industrial and Others

By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle East and Africa)

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Key Takeaways

By Body Part, Upper Body accounted for the major share in 2020 and generated a revenue of $236.84 M in 2020 and is expected to be growing at a CAGR of 12.5% during the forecast period 2021-2026. This is owing to the fact that it can assist patients in simulating normal people's footsteps and exercising leg muscles. It is comprised with steps posture controlling system and weight alleviation controlling mechanism.

Robotic exoskeletons are essentials in medical industry owing to the growing adoption of medical devices to support and actuate body movements. Technological advancements leading to the growth of robotic exoskeleton and rising prevalence of strokes and spinal cord injury.

Bulk purchases cost lesser as compared to individual purchase. Also many players offer their products in subscriptions to retain their consumers as well as the consumers get the product at a lower price than if they have to buy a single time.

Robotic Exoskeleton Market Segment Analysis - By Product Type

By Product Type, Mobile accounted for major share in 2020. This segment generated a revenue of $329.02 M in 2020 and is forecast to be growing at a CAGR of 13.7% during the forecast period 2021-2026. This segment is projected to generate revenue of $644.23 M by 2026 owing to the increasing use of devices to enhance the physical performance of the wearer or as orthotic devices for gait rehabilitation or locomotion assistance. Powered Products generated revenue of $266.95 M in 2020 and is projected to grow at a CAGR of 13.7% during the forecast period 2021-2026. This segment is forecast to reach revenue of $521.58 M by 2026. Moreover, Passive segment is projected to grow at a CAGR of 12.4% during the forecast period of 2021-2026.

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Robotic Exoskeleton Market Segment Analysis - By Application

By Application, Medical segment is dominating the Robotic Exoskeleton Market in 2020 and is estimated to grow at a CAGR of 12.5% during the forecast period 2021-2026 owing to the increasing patients with body movement disorders such as Parkinson’s disease, multiple sclerosis, and stroke. Hence this is propelling the segment growth. Military will witness a robust growth rate of 14.4% during the forecast period 2021-2026. This is owing to the growing importance of exoskeleton in military operations as it helps in assisting injured soldiers and lifting heavy objects. Industry will also witness increase in demand attributed to the increasing work-related injuries and growing awareness about the benefits of exoskeleton technology in industrial applications. Moreover, the growing need for advanced technologies to empower people in various sectors, such as construction, manufacturing, and distribution, is another factor increasing the adoption of the robotic exoskeleton in industrial applications.

Robotic Exoskeleton Market Segment Analysis - By Geography

North America is the major region dominating the Robotic Exoskeleton Market with revenue of $184.54 M in 2020 and is forecast to grow at a CAGR of 13.3% during the forecast period of 2021-2026 to generate a revenue of $353.26 M in 2025. U.S in North America region is dominating the Robotic Exoskeleton Market generating a revenue of $147.56 M in 2020. This is owing to the rising prevalence of stroke and increasing usage of robotic exoskeleton in industries such as construction and automobile. Asia Pacific (APAC) region is projected to be the fastest growing region with a CAGR of 12.6% during the forecast period 2021-2026. This is owing to growing focus of the manufacturers on the development of smart technologies.

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Robotic Exoskeleton Market Drivers

Increasing Demand of Exoskeleton in Military and Medical Application

A robotic exoskeleton supports the mobility of people suffering from diseases such as multiple sclerosis, stroke, and cerebral palsy, Parkinson’s disease. There is growing importance of exoskeleton in military operations as it helps in assisting injured soldiers and lifting heavy objects which is driving the growth of this market. Exoskeleton technologies helps to improve stamina and safety and also provides new ability to fighting forces. Companies such as Lockheed Martin are working on new powered lower-body exoskeleton, ONYX, which has demonstrated its ability to increase mobility and reduce fatigue. This technology helps to reduce effort in walking and climbing that can help soldiers to carry a mission-essential equipment and also helps to go extra mile. Rising military spending on the development of innovative equipment to strengthen the armed forces capability is increasing the demand of this market. In July 2015, the Australian Department of Defence developed a fully-passive system capable of reducing compression forces on the lower portion of the body. The US government are working on TALOS project in 2019 for developing a mobile exoskeleton to be used by Special Forces. Governments are investing in robotic exoskeletons for military purposes which are driving the growth of this segment. In August 2018, Rostec increases the physical abilities of a soldier and protects joints and the spine by developing its third-generation Ratnik infantry combat suite, a passive exoskeleton which increases the demand of exoskeleton in military application. In 23 January 2018, Cyberdyne, the Japanese robotics company got approval from the U.S. Food and Drug Administration (FDA) for its HAL (Hybrid Assistive Limb) lower body exoskeleton designed to help people with lower limb disabilities for walking on their own which increases the demand of robotic exoskeleton thus contributing to the market growth.

Increasing Prevalence of Spinal Cord Injuries

Increasing number of disabled people and growing prevalence of spinal cord injury are some factors driving the growth of this market. According to the National Spinal Cord Injury Statistical Center (NSCISC), about 17,730 number of cases are suffering from spinal cord injury in 2018. Approximately 363,000 people are living with these injuries in 2019 which increases the demand of stationary exoskeleton and are boosting the growth of this market. In 30 April 2019, Reha Technology launches the latest generation of its G-EOS that helps to the needs of everyday life, such as forwards and backwards walking on level ground, walking on slopes, climbing and descending stairs. According to U.S. Department of Health, in 2020 about 2 million people are suffering from lower limb impairment which increases the demand of exoskeleton and are increasing the growth of this market. In April 2016, Ekso Bionics received FDA approval on 'Ekso GT Robotic Exoskeleton’ for patients who are suffering from stroke and spinal cord injury which are increasing the growth of this market.

Robotic Exoskeleton Market Challenges

High Cost

High cost associated with exoskeleton are challenging the market growth of Robotic Exoskeleton. Incorporation of multiple sensors and motors into the exoskeletons contribute significantly toward increasing the overall product cost. Moreover, research regarding the development of appropriate software and hardware for adjustment and customized usage further increase the cost that are challenging the growth of this market. The cost of exoskeleton is approximately $77,000 which is too expensive for injured person that are challenging the growth of Robotic Exoskeleton Market. Currently, each exoskeleton costs around $100,000 which is only sold to rehabilitation centers and hospitals and only those with adequate insurance can use the exoskeleton at hospitals and rehabilitation centers which are challenging the growth of this market.

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Robotic Exoskeleton Market Landscape

The Robotic Exoskeleton Market is consolidated with key players accounting for about 77.5% of the market revenue. Furthermore, the key players are adopting strategies such as product approval and agreement with other players to gain competitive advantage in the market. The top players include Lockheed Martin, Parker Hannifin, Sarcos, Honda, and Hyundai among others.

Acquisitions/Product Launches

In April 2019, Ottobock Healthcare GMBH has launched Paexo Thumb, new exoskeletons for ergonomic workplaces. The product is smallest exoskeleton in the world. Paexo thumb is lightweight exoskeleton that relieves the thumb by up to 70% by redirecting forces to the entire hand.

In March 2019, Sarcos Corporation has partnered with U.S. Navy, Puget Sound Naval Shipyard (PSNS) & Intermediate Maintenance Facility (IMF) to evaluate and deploy Powered Full-Body Exoskeletons for use in naval shipyards.

#Robotic Exoskeleton Market #Robotic Exoskeleton Market Share #Robotic Exoskeleton Market Size #Robotic Exoskeleton Market Forecast #Robotic Exoskeleton Market Report #Robotic Exoskeleton Market Growth

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snehalg123 · 9 months ago

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Wearable Robotic Exoskeleton Market Growth, Analysis Report, Share, Trends And Overview 2024-2033

A wearable robotic exoskeleton is a powered device that is worn over the body to provide support and assistance with movement. The most common type of exoskeleton is a full-body suit that covers the legs, arms, and torso. These devices are used to help people with mobility impairments or paralysis to walk and move their limbs.

To Know More: https://www.globalinsightservices.com/reports/wearable-robotic-exoskeleton-market/?utm_id=Snehalkast

Market Outlook

There are four key trends in wearable robotic exoskeleton technology:

1. Lighter weight and more portable designs: One of the key challenges with exoskeletons has been their weight and bulkiness, which can make them difficult to use for extended periods of time. However, recent advances in materials and manufacturing techniques have led to the development of lighter-weight and more portable exoskeleton designs.

2. Improved power sources: Another key challenge with exoskeletons has been their power requirements. Early exoskeletons were often tethered to a power source, which limited their mobility. However, newer exoskeletons are being powered by batteries, which significantly improves their mobility.

One of the key drivers of the wearable robotic exoskeleton market is the increasing number of people suffering from physical disabilities. According to the World Health Organization, there are over 1 billion people worldwide who suffer from some form of disability. This number is expected to increase in the coming years as the population ages.

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Major Players

The key market players in the Wearable Robotic Exoskeleton Market are CYBERDYNE, INC (Japan), Ekso Bionics (US), Hocoma (Switzerland), ReWalk Robotics (Germany), Bionik Laboratories Corp. (US), ExoAtlet (Japan), Lockheed Martin (US), Rex Bionics Pty Ltd. (New Zealand), Sarcos Corp. (US) and Wearable Robotics Srl (Italy).

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imarcmarketreport · 11 months ago

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Super Soldier Wearable Technology Market Growth, Trends, Demand And Forecast 2024-2032

IMARC Group's report titled "Super Soldier Wearable Technology Market Report by Type (Headwear, Bodywear, Hearables, Connectivity Devices), Application (Personal Protection, Communication and Navigation, Situational Awareness, Power and Energy Management, Training and Simulation), End User (Infantry, Special Forces, Air Force), and Region 2024-2032", offers a comprehensive analysis of the industry, which comprises insights on the global super soldier wearable technology market growth. The global market size reached US$ 7.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 19.2 Billion by 2032, exhibiting a growth rate (CAGR) of 10.21% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/super-soldier-wearable-technology-market/requestsample

Factors Affecting the Growth of the Super Soldier Wearable Technology Industry:

Growing Threats and Conflicts:

The evolving nature of modern warfare, characterized by asymmetric threats, unconventional tactics, and non-state actors, underscores the importance of advanced wearable technologies for military personnel. As conflicts become increasingly complex and dynamic, there is a heightened need for wearable devices that can enhance the capabilities and effectiveness of soldiers on the battlefield. Integrated sensors, biometric monitoring systems, and real-time health diagnostics enable soldiers to monitor their vital signs and physical condition, ensuring optimal performance and reducing the risk of injuries or health-related issues. Additionally, exoskeletons and protective gear provide soldiers with increased mobility, agility, and survivability in hostile environments, mitigating the impact of threats, such as ballistic projectiles, explosives, and chemical agents.

Increasing Military Expenditure:

The increasing military expenditure worldwide is impelling the growth of the market. Governments and defense agencies across the globe are allocating substantial budgets toward modernizing their armed forces and equipping soldiers with cutting-edge technology. This focus on enhancing military capabilities is driving the demand for innovative solutions like super soldier wearables, which can provide soldiers with enhanced performance, protection, and survivability in diverse operational environments. With geopolitical tensions and security threats persisting globally, nations are prioritizing investments in defense technologies, including wearable devices, to maintain a competitive edge and ensure the safety of their military personnel.

Technological Advancements:

Breakthroughs in various scientific domains, including nanotechnology, robotics, and materials science, are pivotal in pushing the boundaries of wearable technology capabilities. Nanotechnology allows for the development of ultra-lightweight yet robust materials that can enhance the performance of wearable devices without compromising mobility. Robotics integration enables the creation of exoskeletons and powered suits that augment soldier strength and endurance, while advanced sensors and communication systems enhance situational awareness and coordination on the battlefield. Furthermore, advancements in energy storage and management systems contribute to the development of wearable devices with extended operational capabilities, lowering the logistical burden on soldiers.

Leading Companies Operating in the Global Super Soldier Wearable Technology Industry:

3M Company

AirBorn Inc.

Avon Protection plc

BAE Systems plc

Collins Aerospace (Raytheon Technologies Corporation)

Elbit Systems Ltd.

Honeywell International Inc.

L3harris Technologies Inc.

Super Soldier Wearable Technology Market Report Segmentation:

By Type:

Headwear

Helmet

Eyewear

Respiratory Protective Equipment (RPE)

Bodywear

Exoskeleton

Vest

Jetpack

Battery Pack

Wearable Computers

Hearables

Tactical Radio

Tactical Headset

Connectivity Devices

Rectangular Connectors

Circular Connectors

Radio Frequency Connectors

Harness Connectors

Hearables exhibit a clear dominance in the market as they combine traditional audio functionality with advanced sensors, wireless connectivity, and smart features, offering users a range of benefits and capabilities beyond conventional headphones.

By Application:

Personal Protection

Communication and Navigation

Situational Awareness

Power and Energy Management

Training and Simulation

Communication and navigation represent the largest segment due to their effectiveness in guiding soldiers on the battlefields.

By End User:

Infantry

Special Forces

Air Force

Infantry accounts for the majority of the market share owing to the increasing focus on safety and survivability of infantry soldiers.

Regional Insights:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

North America's dominance in the super soldier wearable technology market is attributed to the increasing investments in strengthening the military and defense sector.

Global Super Soldier Wearable Technology Market Trends:

Super soldier wearable technology plays a crucial role in enhancing mission effectiveness for military operations. These advanced wearables offer soldiers improved communication capabilities, enabling seamless coordination and information sharing among team members in real-time. Integrated navigation systems and situational awareness tools provide soldiers with accurate data regarding their surroundings, facilitating better decision-making and operational planning. Furthermore, wearable sensors and monitoring devices offer valuable insights into environmental conditions, enemy movements, and potential threats, allowing for more informed and strategic engagements on the battlefield. By equipping soldiers with state-of-the-art wearables, military forces can enhance their overall effectiveness, achieve mission objectives more efficiently, and reduce the risk to personnel.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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#Super Soldier Wearable Technology Market

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sufferfly1 · 1 year ago

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An In-Depth Look at the Market Medical Exoskeleton Market : Navigating the Landscape of Opportunities

“According to the research report published by Polaris Market Research, the Global Medical Exoskeleton Market Size Is Expected To Reach USD4,676.61 Billion By 2030, at a CAGR of 44.8% during the forecast period.” Polaris Market Research has unveiled an updated report on Medical Exoskeleton Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software); By Type (Powered, Passive); By Application (Spinal Cord Injury, Multiple Sclerosis, Cerebral Palsy, Stroke, Others); By End-Use; By Region; Segment Forecast, 2022 - 2030, that provides a thorough analysis of the market status with the best facts and figures, definitions, applications, and the latest developments across the globe. The report assesses the industry structure based on Medical Exoskeleton Market size, segments, source, distribution channel, and major regions. It scrutinizes the latest trends in the industry and studies their impact on the overall market environment. The market has evolved swiftly in recent years and has made a remarkable contribution to global finances in terms of growth rate, Medical Exoskeleton Market share, and revenue generation.

Get Sample PDF with Report Insight @ https://www.polarismarketresearch.com/industry-analysis/medical-exoskeleton-market/request-for-sample

Key Market Dynamics This analytical study report provides information on significant aspects of the market, such as dynamics, key demand and price, technology trends, and detailed profiles of key players, industry revenue, and regional segments analyzing the Medical Exoskeleton Market based on SWOT and Porter's Five Forces models. Details of segment markets by type, application, and region have been covered in this report, with historical data presented in metrics of sales volume, revenue, and growth rate.

Key Offerings:

Industry Dynamics

Medical Exoskeleton Market Segmentation

Market Size in terms of Value and Volume: Current, Historical, and Projected Data

Industrial Trends and Developments

Competitive Landscape

Opportunities in the market

Strategies and Products offerings of Major Players

Strategic Recommendations for the new entrants

Production and Consumption Analysis by Regions

Growth Prospects with Revenue Estimations

Main Findings and Insights

The next section gives a detailed description of the key drivers, restraints, growth opportunities, challenges, and risks in the market. Further, the development status and future [KEYWORD] trends are tracked in the report. The supply chain and cost analysis in the report are both explained in-depth. Through technological innovation and advancement, the product's performance will be further optimized, expanding its use in downstream applications. Additionally, readers will find market dynamics and consumer behavior studies as essential data for understanding the market. Top Key Players:

Bionik Laboratories

Bioventus

B-TEMIA Inc

Cyberdyne Inc.

Ekso Bionics

Gogoa Mobility Robots

Lockheed Martin Corporation

Parker Hannifin Corp

Rewalk Robotics

Rex Bionics

Suit X

Wearable Robotics

Medical Exoskeleton Market key players are presented along with their expansion plans, share, strategies, and business overview. In addition to this, their company profiles, sales figures, profit margins, and product and service portfolios are evaluated in the report. The chapter sheds light on the business expansion strategies employed by these players, such as mergers and acquisitions, product launches, collaborations, M&A, contracts, partnerships, and joint ventures.

Inquire your Questions If any Before Purchasing this Report @ https://www.polarismarketresearch.com/industry-analysis/medical-exoskeleton-market/inquire-before-buying

How Will This Report Help you?

The report delivers extensive analysis in the form of figures, tables, charts, and graphs combined with an in-depth study of current and future Medical Exoskeleton Market prospects. It further allows readers to comprehend the competitive regional pattern by comparing the sales volume and revenue of the world's key regions. Import volume and export volume are evaluated on a regional level. Key statistical insights are presented in a straightforward manner that will users grasp the market's development patterns, crucial factors, and other loopholes which are expected to affect the market expansion.

Key Regions Covered By Report:

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and the rest of South America)

The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)

The entire market industrial chain is examined in the research, from the important upstream raw materials and their suppliers to the midstream distributors and downstream customers, while taking the effects of global inflation into account. Finally, it predicts the market's future trends from the perspectives of various types, uses, and significant geographical areas. This study is a trustworthy source for market research that will greatly accelerate the growth of your business and increase its presence in the Medical Exoskeleton Market. Browse Additional Details on "Medical Exoskeleton Market" @ https://www.polarismarketresearch.com/industry-analysis/medical-exoskeleton-market

Reasons to Purchase This Report

This research includes a thorough worldwide and regional analysis of the market.

It gives thorough coverage of every sector of the market in order to assess prospective trends, growth plans, and industry size projections.

The firm profiles of each industry player examine the industry portfolio, sales income, SWOT analysis, and current advancements.

Comprehension of the market's drivers, restrictions, and key small markets.

Analysis of collaboration and authorizing transaction trends can be used to identify commercial prospects in the market sales scenario.

The research analyzes how specific industry structures, ideas, or technological advancements may help with player promotion.

About Us

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.

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deshpandeisha · 3 months ago

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The Evolution of Exoskeleton Technology: From Sci-Fi to Reality

Get Download Pdf Sample Copy of this Report@ https://www.emergenresearch.com/request-sample/1924

Competitive Terrain:

The leading market contenders listed in the report are:

Ekso Bionics, Hocoma, Lockheed Martin Corporation, Suitx, Rex Bionics Ltd., RB3D, ReWalk Robotics, Cyberdyne, Inc., Panasonic Corporation, Sarcos Technology, and Robotics Corporation

Key market aspects studied in the report:

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Market Segmentations of the Exoskeleton Market

Segments Covered in this report are:

Mobility Outlook (Revenue, USD Million; 2019-2032)

Mobile

Fixed/Stationary

Technology Outlook (Revenue, USD Million; 2019-2032)

Powered

Non-Powered

End-Use Outlook (Revenue, USD Million; 2019-2032)

Healthcare

Military

Others

Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/exoskeleton-market

Major Geographies Analyzed in the Report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

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bharat059 · 1 year ago

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Contract Logistics Market 2023-2031 Increasing Demand With SWOT Analysis and Growth Strategies by Top Companies

Contract Logistics Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading 20 Countries covers and analyzes the potential of the global Contract Logistics industry, providing statistical information about market dynamics, growth factors, major challenges, PEST analysis and market entry strategy Analysis, opportunities and forecasts. The biggest highlight of the report is to provide companies in the industry with a strategic analysis of the impact of COVID-19. At the same time, this report analyzed the market of leading 20 countries and introduce the market potential of these countries. “Contract Logistics market was estimated at USD 282542.93 million, and it’s anticipated to reach USD 425815.91 million in 2031, with a CAGR of 4.66% during the forecast years.”

Get a Sample Copy of the Report at –

Segment by Type

Outsourcing

Insourcing

Which growth factors drives the Contract Logistics market growth?

Increasing use of is expected to drive the growth of the Contract Logistics Market.

Segment by Application

Aerospace

Automotive

High-Tech

Pharma & Healthcare

Retail

Others

Market Segment by Region/Country Including: -

North America (United States, Canada, and Mexico)

Europe (Germany, UK, France, Italy, Russia and Spain, etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.)

South America (Brazil, Argentina, Colombia, etc.)

Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.)

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john9028 · 1 year ago

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Exoskeleton Market by application,idustrial vertical and segmentation analysis 2033

Exoskeletons are wearables that are controlled by a combination that consists of pneumatics, electric motors, hydraulics, levers as well as a blend of technology that provides greater endurance and strength in the movement of limbs. Exoskeleton robots are a kind of service robot for professionals which is utilized in various applications to replicate, enhance or improve the body's natural movement. They provide crucial support for human movements and have potential applications that range from consumer items up to deployment in the military. The exoskeleton assists with the shoulders, waist, and thigh, as well as aid in lifting and grasping of large items and reduce back strain. Exoskeleton robots are becoming increasingly popular in various industries across the globe owing to their advanced technical abilities. The medical, logistics, and engineering sectors have all benefited from the development of technologies like interactivity Internet of Things (IoT) and artificial intelligence (AI) and interactive learning.

Read More: https://wemarketresearch.com/reports/exoskeleton-market/19

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delvenservices · 1 year ago

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Medical Exoskeleton Market Forecast: 2028

Medical Exoskeleton Market, By Component (Hardware (Sensor, Actuator, Control System, Power Source), Software), Type (Powered, Passive), Extremities (Lower, Upper) & Mobility (Mobile, Stationary) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Global Medical Exoskeleton market is anticipated to reach USD 138.6 million in 2021 growing at a CAGR of 45.2% during the forecasting period, 2021-2028.

Medical exoskeleton are the devices that are designed to restore and help the patient to regain the motility of the affected part. Examples include ankle exos for foot drop disease, hip exos for rehab. With the technological advancements occuring in the sector the exos have become lighter and more user friendly. Their application is not only restricted to medical industry but they also find use in warehouses, robotics and military.

Increasing orthopaedic disease cases and foot and ankle disorders are some of the factors that have supported long-term expansion for Medical Exoskeleton industry.

Get the Free Sample Copy: https://www.delvens.com/get-free-sample/medical-exoskeleton-market-trends-forecast-till-2028

Key Findings

Global Medical Exoskeleton market is segmented into Component, Type, Extremities, Mobility and geography.

Component segment is segmented into Hardware (Sensor, Actuator, Control System, Power Source), Software

Type segment is segmented into Powered, Passive

Extremities segment is segmented into Lower, Upper

Mobility segment is segmented into Mobile, Stationary

Geographically, global Medical Exoskeleton market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

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Competitive Landscape

Key players in global Medical Exoskeleton market are Ekso Bionics Holdings, Inc. (US), ReWalk Robotics Ltd (Israel), Parker Hannifin Corp (US), Bionik Laboratories Corp (Canada), CYBERDYNE Inc. (Japan), Rex Bionics Ltd. (UK), B-TEMIA Inc. (Canada), Hocoma AG (A Subsidiary of DIH Technologies) (Switzerland), Wearable Robotics SRL (Italy), Gogoa Mobility Robots SL (Spain), and ExoAtlet, (Russia) among others.

Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Medical Exoskeleton market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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