Exoskeleton Market Is Supposed to Grow at a CAGR of 45.3% Between 2019 and 2025
Exoskeleton Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.
Los Angeles, CA -- (SBWire) -- 06/20/2019 --An Exoskeleton is a wearable robot that combines human intelligence and machine power. It is widely used for rehabilitation applications such as tendon therapy and physical exercise, and supports finger flexion and extension movements. In the last several years, global market of Exoskeleton developed rapidly, with an average growth rate of 42.91%. In 2017, global revenue of Exoskeleton is nearly 84.96 M USD; the actual sales are about 3395 units.
The classification of Exoskeleton includes lower robots, upper robots, full body robots. And the proportion of lower robots in 2017 is about 63.71%, and the proportion is in increasing trend from 2013 to 2017. The global Exoskeleton market was 110 million US$ in 2018 and is expected to 1520 million US$ by the end of 2025, growing at a CAGR of 45.3% between 2019 and 2025.
This report studies the Exoskeleton market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Exoskeleton in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Cyberdyne
Hocoma
ReWalk Robotics
Ekso Bionics
LockHeed Martin
Parker Hannifin
Panasonic
Myomo
B-TEMIA Inc.
Alter G
By the product type, the market is primarily split into
Lower
Upper
Full Body
By the end users/application, this report covers the following segments
Healthcare
Defense
Industrial
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