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Medical Exoskeleton Market Share

Report ID: GMI9274
Published Date: Apr 2024
Report Format: PDF

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Medical Exoskeleton Market Share

The medical exoskeleton industry is fragmented in nature, with various large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel devices with improved efficiency and cost-effectiveness are key market strategies for medical exoskeleton manufacturers, driving competition and innovation in the industry.

Medical Exoskeleton Market Companies

Some of the eminent market participants operating in the industry include:

B-Temia
CYBERDYNE INC.
Ekso Bionics
ExoAtlet
Hocoma
Honda Motor Co., Ltd.
PARKER HANNIFIN CORP
ReWalk Robotics
Rex Bionics Ltd.
Suit X
Wearable Robotics srl

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size for medical exoskeleton was valued at USD 428.4 million in 2023 and is expected to grow at 30.6% CAGR during 2024-2032, owing to rising prevalence of neurological diseases and injuries.

The hardware segment in the medical exoskeleton industry recorded USD 322.4 billion in 2023, driven by continuous advancements in materials science, biomechanics, and robotic prosthetics.

North America market generated USD 188 million in revenue in 2023, attributed to advanced healthcare infrastructure, including well-equipped hospitals, rehabilitation centers, and research institutions.

B-Temia CYBERDYNE INC., Ekso Bionics, ExoAtlet, Hocoma , Honda Motor Co., Ltd., PARKER HANNIFIN CORP , ReWalk Robotics , Rex Bionics Ltd., Suit X, Wearable Robotics srl B-Temia, CYBERDYNE INC., Ekso Bionics ,ExoAtlet , Hocoma , Honda Motor Co., Ltd., PARKER HANNIFIN CORP , ReWalk Robotics , Rex Bionics Ltd. and Suit X