Upcoming Opportunities in Medical Exoskeleton Market to witness Huge Growth by 2027

Medical Exoskeleton Market research report delivers a comprehensive study on production capacity, consumption, import and export for all major regions across the world. Report provides is a professional inclusive study on the current state for the market. Analysis and discussion of important industry like market trends, size, share, growth estimates are mentioned in the report.

The global medical exoskeleton market accounted to US$ 96.7 Mn in 2018 and is expected to grow at a CAGR of 29.4% during the forecast period 2019 – 2027, to account to US$ 1,023.0 Mn by 2027.

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Our expert team is consistently working on updated data and information on the key player’s related business processes that value the market. For future strategies and predictions, we provide a special section regarding the COVID-19 situation.

The List of Companies – Medical Exoskeleton Market:

  • Bioness Inc.
  • B-Temia Inc.
  • BIONIK Laboratories Corp
  • CYBERDYNE INC
  • Ekso Bionics Holdings, Inc
  • EXOATLET
  • GOGOA Mobility Robots
  • Hocoma AG
  • Wearable Robotics srl
  • Parker Hannifin Corporation
  • ReWalk Robotics
  • US Bionics, Inc.
  • Tyromotion GmbH

Asia Pacific is the fastest growing geographic market and it is expected to be the fastest revenue contributor throughout the forecast period. Asia Pacific is recognized as a developing market for the medical devices. The market growth is expected due to the rising developments by the Chinese, Japanese, South Korean and Indian companies in the market of medical exoskeleton. In addition, the market for medical exoskeleton in Australia is expected to grow due to the development in the healthcare system.

Also, it is expected that rising numbers of spinal cord injury across Australia are likely to add for the growth of market. The major factor that is likely to contribute the growth of the medical exoskeleton market is the growing geriatric population in the Japan, China, South Korea and India.

Extremity Insights:

The global medical exoskeleton market by extremity segments was led by lower body exoskeleton segment. In 2018, the lower body exoskeleton segment held a largest market share of 68.1% of the medical exoskeleton market, by extremity. However, the upper body exoskeleton segment is expected to be the fastest growing segments of the market in 2027 owing to increasing incidences of the shoulder pain, neck pain and other upper extremity among the working class which is expected to become the major factor for the growth of the medical exoskeleton market.

Strategic Insights:

Organic and inorganic growth strategies were observed in global medical exoskeleton industry. The organic strategies which were conducted more compared to the inorganic strategies for the Medical Exoskeleton. For instance, in June, 2019, ReWalk Robotics announced that it has received U.S. Food and Drug Administration approval for its ReStore soft exo-suit system. The approval has helped in the sales of the product to the rehabilitation centers across the United States. Thus, the organic strategy has enabled the company to grow its business in the market.

Medical Exoskeleton Market Segmental Overview:

The report specifically highlights the Medical Exoskeleton Market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the market to help the new entrants understand the market scenario better.

The report specifically highlights the Medical Exoskeleton Market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the market to help the new entrants understand the market scenario better.

To comprehend global Medical Exoskeleton Market dynamics in the world mainly, the worldwide market is analyzed across major global regions: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina), Middle East & Africa (Saudi Arabia, UAE, Egypt and South Africa)

Our Sample Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology

Table of Contents:

  • Introduction
  • Key Takeaways
  • Research Methodology
  • Medical Exoskeleton Market Landscape
  • Medical Exoskeleton Market – Key Market Dynamics
  • Medical Exoskeleton Market – Global Market Analysis
  • Medical Exoskeleton Market – Revenue and Forecasts to 2027 – Product Type
  • Medical Exoskeleton Market – Revenue and Forecasts to 2027 – Application
  • Medical Exoskeleton Market – Revenue and Forecasts to 2027 – Compound
  • Medical Exoskeleton Market Revenue and Forecasts to 2027 – Geographical Analysis
  • Industry Landscape
  • Medical Exoskeleton Market, Key Company Profiles
  • Appendix

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Reasons to Buy this Report are as follows:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Medical Exoskeleton Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global Medical Exoskeleton Market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global Medical Exoskeleton Market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution

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