Overview

The global wearable robotic exoskeleton market is forecasted to value over US$ 4 billion by the end of 2026 and record a CAGR of 43.1% during the forecast period of 2019-2026. 

The demand for robots and machines for effective rehabilitation therapy has surged the growth of wearable robotic exoskeleton market. 
These devices are extensively utilised to repair and expand the natural human movements that are lost due to neuromuscular dysfunctions. Moreover, the exosuits are extensively capable of assisting any body parts support application, hence the exosuits are highly utilised by elderly people and by construction, manufacturing, and logistics industries. 
Although the wearable robotic technology is still in its developing phase it is anticipated to have high adoption by various e end-user industries across the globe. In the last three years, the industry has observed numerous research and development activities and product launches. The continuing advancements and improvements indicate a transformation in the wearable robotics industry with exoskeletons rising as the next huge thing for assistive and rehabilitation treatments. 

 

                                           

 

Wearable Robotic Exoskeleton Market Segmentation 
By Mode of Operation: 
+ Passive  
+ Active/Powered

By End-User:
+ Healthcare
+ Industrial
+ Defence
+ Commercial

By Application 
+ Rehabilitation
+ Assistive
+ Body Parts Support
+ Sports

By Material 
+ Hard Exoskeleton
+ Soft Exoskeleton

By Region:
+ Europe 
+ North America 
+ APAC 
+ Latin America
+ Rest of World

Competitive Landscape: 
+ Tier 1 players- established companies in the market with a major market share 
+ Tier 2 players
+ Emerging players which are growing rapidly
+ New Entrants  

FutureWise Takeaways 
+ Growth prospects 
+ SWOT analysis
+ Key trends
+ Key data points affecting market growth 

Objectives of the Study:
+ To provide an exhaustive analysis on the global wearable robotic exoskeleton market by mode of operation, by end-user,  by application, by material and region
+ To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
+ To evaluate and forecast micro-markets and the overall market 
+ To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East.
+ To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
+ Profiling of companies to evaluate their market shares, strategies, financials and core competencies 

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