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Healthcare Wearable Robots Market Share

Report ID: GMI5447
Published Date: Sep 2024
Report Format: PDF

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Healthcare Wearable Robots Market Share

Key players in the market are focusing on several strategic areas to drive growth, innovation, and market penetration. These strategies include advancements in technology, partnerships, product development, and expanding applications of wearable robots in various healthcare settings.

Healthcare Wearable Robots Market Companies

Prominent players operating in the healthcare wearable robots industry include:

ANGEL ROBOTICS
Bioservo Technologies AB
CYBERDYNE INC.
DIH Medical
ExoAtlet
Ekso Bionics Holdings Inc.
Fourier Intelligence
GenElek Technologies Pvt. Ltd.
Myomo, Inc.
Ottobock SE & Co. KGaA
ReWalk Robotics
Reha-Stim Medtec AG
Rex Bionics Ltd.
Wearable Robotics srl
TYROMOTION GMBH

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The healthcare wearable robots industry was valued at USD 443 million in 2023 and is projected to grow at a CAGR of 29.1% from 2024 to 2032, driven by factors such as rising disabilities, increasing focus on patient independence, and growing demand for rehabilitation solutions.

Soft wearable robots, valued at USD 390.2 million in 2023, are increasingly popular due to their lightweight, flexible materials that provide comfort and adaptability. These robots are especially beneficial for patients with neurological conditions such as stroke or Parkinson’s disease, offering better mobility assistance during rehabilitation.

Lower body wearable robots were valued at USD 327.4 million in 2023. These devices are crucial for providing mobility assistance to patients with spinal cord injuries (SCI) and are designed to enhance real-time movement assistance, improving the quality of life for individuals with severe mobility impairments.

The North America market was valued at USD 193.3 million in 2023. Key drivers include the rising incidence of sports injuries, accidents, and workplace incidents.

Prominent players in the healthcare wearable robots industry include ANGEL ROBOTICS, Bioservo Technologies AB, CYBERDYNE INC., DIH Medical, Ekso Bionics Holdings Inc., Fourier Intelligence, Myomo, Inc., ReWalk Robotics, and Ottobock SE & Co. KGaA, among others.