Data Bridge Market Research

Medical Exoskeleton Market by Top Competitors Analysis CYBERDYNE Inc., Rex Bionics Ltd., B-TEMIA Inc., Hocoma AG, ReWalk Robotics Ltd , Parker Hannifin Corp and Others

Global Medical Exoskeleton Market is expected to reach USD 1084.40 million by 2025, from USD 84.87 million in 2017 growing at a CAGR of 37.5% during the forecast period of 2018 to 2025.

 

Pune, India -- (SBWIRE) -- 02/19/2019 -- Global Medical Exoskeleton Market report provides an in-depth overview of Product Specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. Analysis and discussion of important industry trends, market size, market share estimates are mentioned in the report. Global Medical Exoskeleton Market Report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. The Global Medical Exoskeleton Market report also consists of the all the market drivers and restrains which are derived from SWOT analysis while also giving all the CAGR projections for the historic year 2016 base year 2017 and forecast period of 2018-2025.

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Major Market Drivers and Restraints:

- Due to rising investment and funding in the research and development.
- Government concern and safety towards the patients
- Due to the growing demand of medical insurance
- With increasing demand of robotics
- Rise in the technological advancement

Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports

Global Medical Exoskeleton Market by Segmentation:

Due to the higher demand of compact and weightless medical exoskeleton these mobile segmented is expected to grow in forecast year.

Based on the type, the market is segmented into:-

- Full Body,
- Upper Body And Lower Body.

Whereas, lower body accounts the largest share in the market due to ability to provide stability and demand by the paralyzed and geriatric patients.

Based on the end users, the market is segmented into:-
- Hospitals,
- Patients And
- Healthcare.

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The medical exoskeletons are the wearable machine which may be electrically powered or handled manually to provide strength to the limps for its movement. These medical devices are required by the person who is physically challenged due to paralysis attack, spinal cord injuries and others.

For instance, according to the Paralysis Prevalence and Health Disparities Survey (PPHDS), in 2013, around 5.4 million i.e. 1.7% people suffered from paralysis, in which around three-quarters were of below the age 65.
For instance, according to the, U.S. Department of Health & Human Services National Institutes of Health, in 2016, around $71 million was the expenditure on spinal cord injury. Hence, increasing the expenditure in the health domain of paralysis and spinal cord injuries and investment towards the research of exoskeleton domain are expected the growth of the market in forecast period.

The global medical exoskeleton market is segmented based on:-

- Product,
- Type,
- End User, And
- Geographical Segments.

Based on product, the market is segmented into:-

- stationary and
- mobile.

Global Medical Exoskeleton Market by Major Competitors:

Some of the major players operating in the Global Medical Exoskeleton Market are:-

- Bioness,
- Ekso Bionics Holdings Inc.,
- ReWalk Robotics Ltd,
- Parker Hannifin Corp,
- Bionik Laboratories Corp,
- CYBERDYNE Inc.,
- Rex Bionics Ltd.,
- B-TEMIA Inc.,
- Hocoma AG (A Subsidiary of DIH Technologies),
- Wearable Robotics SRL,
- Gogoa Mobility Robots SL,
- ExoAtlet,
- among others.

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