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Exoskeleton Market Share

Report ID: GMI1946
Published Date: May 2022
Report Format: PDF

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Exoskeleton Market Share

Key participants operating in the market include:

Bionik Laboratories Corp.
B-Temia
Cyberdyne Inc.
Ekso Bionics
Gogoa
Hocoma
Hyundai Motor Company
Levitate Technologies, Inc.
Lockheed Martin Corporation
Noonee
Ottobock SE & Co. KGaA
Parker Hannifin
ReWalk Robotics
REX Bionics
Sarcos

These leaders are proactively focusing on new product developments and launches to gain a competitive advantage.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of exoskeleton had crossed USD 500 million in 2021 and is poised to record a 30% CAGR through 2030, due to the increasing adoption of AI and IoT-powered exosuits for rehabilitation purposes across the medical sector.

The industry share from the passive technology segment could record a CAGR of over 25% through 2030, ascribed to the thriving need for affordability, no power consumption, and increased efficiency.

The annual revenue for the mobile segment was over USD 400 million in 2021 and will grow with the rising demand in the industrial sector.

The North America market will expand at a CAGR of over 30% through 2030 owing to the higher adoption of smart exosuits in military & defense applications.

Hocoma, Cyberdyne Inc, Ekso Bionics, Rewalk Robotics, and US Bionics, are some of the well-known companies in the market.