Portland, OR, Feb. 27, 2023 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global medical exoskeleton market generated $232.5 million in 2021, and is estimated to reach $3.04 billion by 2031, witnessing a CAGR of 29.4% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.
Download a Free Sample of the Report- https://www.alliedmarketresearch.com/request-sample/11548
Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $232.5 million |
| Market Size in 2031 | $3.04 billion |
| CAGR | 29.4% |
| No. of Pages in Report | 264 |
| Segments Covered | Type, Mobility, Component, Application, and Region |
| Drivers | Rise in the prevalence of neurological disorders such as Parkinson's disease and multiple sclerosis |
| Increase in the prevalence of spinal cord injuries and traumatic brain injuries | |
| Surge in the adoption of medical exoskeleton devices | |
| Opportunities | Rise in the number of product launches and approvals |
| Restraints | The negative impact of Covid-19 outbreak |
Covid-19 Scenario:
- The demand for medical exoskeleton devices declined as a result of the lockdown during the COVID-19 pandemic, which negatively affected the market growth.
- However, as soon as the global situation started recovering, the market also got back on track.
Procure Complete Report (264 Pages PDF with Insights, Charts, Tables, and Figures)
https://www.alliedmarketresearch.com/checkout-final/medical-exoskeleton-market
The report offers a detailed segmentation of the global medical exoskeleton market based on type, mobility, component, application, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.
Based on type, the powered exoskeleton segment accounted for the highest share in 2021, garnering more than four-fifths of the global medical exoskeleton market, and would maintain its dominance in terms of revenue through 2031. However, the passive exoskeleton segment is estimated to witness the fastest CAGR of 30.0% from 2022 to 2031.
Based on mobility, the stationary segment held the highest share in 2021, accounting for more than four-fifths of the global medical exoskeleton market, and is expected to continue its leadership status through 2031. The mobile segment, however, is anticipated to register the highest CAGR of 30.3% from 2022 to 2031.
Based on component, the hardware segment accounted for the highest share in 2021, contributing to more than three-fourths of the global medical exoskeleton market, and is expected to maintain its lead in terms of revenue through 2031. However, the software segment is expected to manifest the highest CAGR of 29.9% from 2022 to 2031.
Based on application, the spinal cord injury segment accounted for the highest share in 2021, accounting for more than three-fifths of the global medical exoskeleton market, and is expected to continue its lead position, in terms of revenue, through 2031. However, the same segment is expected to register the fastest CAGR of 29.9% from 2022 to 2031. The stroke and others segments were also assessed in the study.
For Purchase Inquiry- https://www.alliedmarketresearch.com/purchase-enquiry/11548
Based on region, the market in North America was the largest in 2021, accounting for around two-fifths of the global medical exoskeleton market, and is projected to maintain its dominant share in terms of revenue through 2031. However, the market in Asia-Pacific region is expected to manifest the highest CAGR of 30.6% from 2022 to 2031. The other regions analyzed in the study include Europe and LAMEA.
Leading players of the global medical exoskeleton market analyzed in the research include Ekso Bionics, CYBERDYNE INC., Human Motion Technologies LLC, Rewalk Robotics, Ottobock SE & Co., B-Temia, Ergosante, Wearable Robotics srl, DIH Medical, KGaA (suit X), ExoAtlet.
The report analyzes these key players in the global medical exoskeleton market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments of every market player.
Similar Research Reports for Information, Communication and Technology:
Ophthalmic Drugs Market - Global Opportunity Analysis and Industry Forecast, 2021–2030
Spine Biologics Market - Global Opportunity Analysis and Industry Forecast, 2021–2030
Regenerative Medicine Market - Global Opportunity Analysis and Industry Forecast, 2021–2030
Autoinjectors Market - Global Opportunity Analysis and Industry Forecast, 2021–2030
Surgical Imaging Market - Global Opportunity Analysis and Industry Forecast, 2021–2030
AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
