Medical Exoskeleton Market
Medical Exoskeleton Market was valued at US$ 0.2 Bn. in 2021. Global Medical Exoskeleton Market size is expected to grow at a CAGR of 36.2 % through the forecast period.
Medical Exoskeleton Market Overview
The Medical Exoskeleton Market Research Report covers a detailed analysis of strategy, micro and macro market trends and scenarios, pricing analysis, and short-term market circumstances, as well as an in-depth look at the main rivals. . The report covers future trends that are expected to drive the development of the Medical Exoskeleton market.
To aid patients with mobility issues recover from their wounds and motor function in their partially or completely paralysed lower extremities, the medical exoskeleton was developed. The technologies can enhance biological capabilities, such as orthotics devices that assist people in regaining their mobility. Thus, this wearable device gives patients greater flexibility, stamina, and endurance. Medical exoskeletons improve the quality of life for those with physical limitations such paralysis, spinal cord injuries, neurological illnesses, and elderly people.
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Medical Exoskeleton Market Report Scope and Research Methodology
The report outlines the present and historical growth patterns of the Medical Exoskeleton market, along with the state of the market CAGR, market size, forecast and revenue share, and trends price. The Medical Exoskeleton market report includes prevailing opportunities, industry-specific challenges, and technical advancements that help key players increase revenue and growth The report includes the competitive landscape along with future technical and financial details of the Medical Exoskeleton industry. Company profiles, capacity, manufacturing, price, cost, revenue and statistics are also included in the Medical Exoskeleton market report. The bottom-up approach has been used to estimate the Medical Exoskeleton market size by value and volume. The Medical Exoskeleton market report is a combination of both primary and secondary data collected from extensive research.
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Medical Exoskeleton Market Regional Insights
The Medical Exoskeleton market study includes company profiles from various regions, as well as information on their business strategies and statistics. The analysis of dynamics and the Medical Exoskeleton market size has been provided at local, regional and global levels.
Medical Exoskeleton Market Segmentation
For inpatient treatment and mobility, some medical exoskeletons are employed in physiotherapy and rehabilitation centres. Additionally, the military and civilians use this technology to improve load handling abilities, troop mobility, and cargo capacity. The device is utilised in the medical industry to train patients who have cognitive-motor impairments and motor nerve deterioration as well as to restore lost abilities and extend patient life.
As an alternative to a specialised exoskeleton, a triboelectric bi-directional sensor can monitor all of the movable joints in the human upper limbs with the least amount of electricity. The corresponding movements, which include wrist-twisting, bending, and shoulder revolutions with two degrees of freedom (DOF), are used to operate the robotic arms and virtual character in real-time.Because the exoskeleton and the human body share many structural similarities, the following kinetic analysis can reveal additional physical features without the use of additional sensors. This exoskeleton sensory system has great potential as a high-tech, low-cost human-machine interface for manipulating objects in the real and virtual worlds, such as in robotic process automation, healthcare, and training. The aforementioned considerations indicate that the sector is anticipated to
Exoskeletons are used in rehabilitation to assist patients with daily activities or to aid patients recovering from severe physical injuries. More than 2,95,000 Americans get catastrophic spinal injuries each year, according to MMR. Around 54% of these persons suffer from paraplegia. According to the National Centre for Biotechnology Information (NCBI), there were 2.1 million people living with limb loss in the US in 2017; by 2050, this number is expected to treble. Many significant players are working on exoskeletons for orthopaedic rehabilitation to help people who are recovering from a stroke or other illness.
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Medical Exoskeleton Market Key Players
- • ReWalk Robotics Ltd. (Israel)
• Lockheed Martin Corporation (U.S.)
• Parker Hannifin Corporation (U.S.)
• Ekso Bionics Holdings, Inc. (U.S.)
• Hyundai Motor Company (South Korea)
• Bionik Laboratories Corporation (U.S.)
• Myomo, Inc. (U.S.)
• Honda Motor Co. Ltd. (Japan)
• Technaid. S.L. (Spain)
• Gogoa Mobility Robots SL (Spain)
• Suitx Inc. (U.S.)
• Otto Bock HealthCare GmbH (Germany)
• Wearable Robotics SRL (Italy)
• DIH Technologies Corporation (Switzerland)
Key questions answered in the Automotive Relay Market are:
- What is Medical Exoskeleton?
- What are the global trends in the Medical Exoskeleton Market?
- What are the major challenges that the Medical Exoskeleton Market could face in the future?
- How is the intervention from regulatory authority is shaping the Medical Exoskeleton Market?
- What growth strategies are the players considering to increase their presence in Automotive Relay Market?
- Who held the largest market share in Medical Exoskeleton Market?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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