Wearable Robotic Exoskeleton Market - Global Industry Analysis

Global Wearable Robotic Exoskeleton Market By Type (Passive and Powered), By Application (Industrial, Military, Healthcare, Aerospace, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028

Published Date: 16-Aug-2022 Category: Technology & Media Report Format : PDF Pages: 269 Report Code: ZMR-7045 Status : Published

The global wearable robotic exoskeleton market size was worth around USD 665 million in 2021 and is predicted to grow to around USD 11.86 billion by 2028 with a compound annual growth rate (CAGR) of roughly 44.37% between 2022 and 2028.

Description

Industry Prospective:

The global wearable robotic exoskeleton market size was worth around USD 665 million in 2021 and is predicted to grow to around USD 11.86 billion by 2028 with a compound annual growth rate (CAGR) of roughly 44.37% between 2022 and 2028. The report analyzes the global wearable robotic exoskeleton market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the wearable robotic exoskeleton market.

Wearable Robotic Exoskeleton Market: Overview

A robotic exoskeleton is a wearable device that runs on electromechanics and augments the wearer’s physical motion abilities like walking, arm movements, bending, etc. The general principle behind wearable robotic exoskeleton is the involvement of hardware substance to aid human motion.

These technologies can be used post-surgery or for rehab purposes. Since they can be programmed depending on the requirement, the wearable robotic exoskeleton has wide applications across industrial sectors. With the recent advancements, robotic wearables can take up behavioral, verbal, or other forms of input and deliver the desired outcome.

The main aim of any robotic device is to enhance human capabilities and capacities. In the same way, wearable electromagnetic-run systems are capable of enhancing various human motions in different scenarios. The applications range from use in trauma and rehabilitation centers to personal care robots, movement assistance for disabled people, and raising security standards to name a few.

The immense potential of the technology has aided the rising trend of developing more efficient and affordable robotic exoskeleton; however, there are several designs, control, and modeling-related challenges involved that utilize the technology to its full potential.

Some of the potential benefits of wearable robotic exoskeleton include increased independence amongst users, reduced energy requirement amongst users for joining the movement, and the ability to provide long, repetitive, and exhaustive therapy sessions without increasing the burden on therapists and the patient.

The device is also capable of providing scalable information about the dynamic and kinematic parameters of users’ limb movement that act as performance indicators like smoothness, velocity, and range of motion.

Secondary benefits of using robotic technology are that it provides improved bladder control, reduced spasticity, decreases chronic pain, and also aids in increased bone marrow density

Global Wearable Robotic Exoskeleton Market

To know more about this report, request a free sample copy.

Key Insights

  • As per the analysis shared by our research analyst, the global wearable robotic exoskeleton market is estimated to grow annually at a CAGR of around 44.37% over the forecast period (2022-2028).
  •  In terms of revenue, the global wearable robotic exoskeleton market size was valued at around USD 665 million in 2021 and is projected to reach USD 11.86 billion, by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • Based on type segmentation, powered wearable robotic exoskeletons were predicted to show maximum market share in the year 2021
  • Based on application segmentation, healthcare had the leading revenue-generating applications in 2021.
  • On the basis of region, North America was the leading revenue generator in 2021

Covid-19 Impact

The global market cap suffered losses due to the restrictions laid down as precautionary measures during the initial phase of Covid-19. Owing to various transportation regulations, the global market faced issues in the availability of raw materials, and the supply chain. The demand for the products also took a dip owing to the various financial uncertainties that arose as a consequence of the virus.

Wearable Robotic Exoskeleton Market: Growth Drivers

Technological advancements to aid market growth during the projection period

The global wearable robotic exoskeleton market is anticipated to grow owing to the various research & development activities carried out in the field of robotic processes and artificial intelligence. Since the world is moving towards further technological growth, every sector is moving towards innovation and adopting innovative technologies. Not until long ago, robotic exoskeletons existed only as prototypes or seemed impossible for actual use.

However, the technology has already entered multiple segments especially, the healthcare and military services where it is showing exceptional outcomes. For instance, in military services, the device can be used to increase the endurance level, strength, mobility, and load-carrying capacity of military men. Every country is investing heavily in upgrading its military structure for future protection.

The US military spending was around USD 801 billion in 2021, and as per the latest reports by the Stockholm International Peace Research Institute, the global value of military spending has crossed USD 2 trillion as of 2022. These high numbers indicate the intensive measures undertaken by various military services to stay ahead in the game and upgrade the protection quotient.

The global market cap is expected to benefit from the rising trend and popularity of industrial body parts owing to the programming flexibility offered by the product. Since wearable robotic exoskeleton can be manufactured with varying types of raw material like fiberglass, carbon fiber, aluminum, etc., and can be custom-made as per the industrial requirement, its demand in the global industrial market is skyrocketing especially in manufacturing units where there is a constant need for heavy-loads pick-up facilities.

Wearable Robotic Exoskeleton Market: Restraints

Initial high cost step up to restrict the market growth

Even though there are numerous advancements in technology, they come with a high initial price tag rendering them unaffordable for many business units since it may affect the budgeting of the organizations. As of 2021, the price range of some of the wearable robotic exoskeletons in the medical sector was around USD 80,000 whereas the ones with the lower price bracket cost as much as USD 30,000.

There are numerous efforts being made in the line of reducing the cost but there is still a long way to go and until then, the global market is expected to witness restricted growth owing to the high expenses associated with the initial cost along with the maintenance of the technology in the long run

Wearable Robotic Exoskeleton Market: Opportunities

High-quality deliverables to provide market growth opportunities.

Wearable robotic exoskeletons have proven to be effective in many scenarios across industries. The outputs delivered by the technology are of exceptional quality and hence it has managed to generate the interest of many business organizations to invest in the technology and make it more affordable in order to increase the consumer database.

Many governments are also funding these developments for economic growth which is anticipated to provide ample growth opportunities for the global market during the projection period.

Wearable Robotic Exoskeleton Market: Challenges

Stringent government regulations in the healthcare sector to challenge the market expansion

For any product to be used in the medicinal or healthcare sector, it requires multiple approvals from regulatory bodies that determine if the product leads to any unwanted repercussions while being used. Since wearable robotic exoskeletons are hardware machines, there are stringent government regulations in place approving the monitoring of the use of this technology.

These factors may challenge global market expansion since approvals may take years before the product can be used for practical purposes discouraging many businesses willing to invest in the technology unless regulatory authorities create systems that can smoothen the approval process.

Wearable Robotic Exoskeleton Market: Segmentation

The global wearable robotic exoskeleton market is segmented based on type, application, and region.

Based on type, the global market segments are passive and powered. The global market is expected to be dominated by the powered wearable robotic exoskeleton since they have higher applications in the military, industrial, and healthcare sectors. Even though the technology is fairly new, it has already been extensively used to help patients suffering from extreme weakness to walk on their own.

The segmental growth may be attributed to the rising number of stroke patients. Almost 30 to 40% of stroke survivors lose their movement ability and in such cases, robotic technology can be used to assist the survivors with body movements.

Based on application, the global market is segmented into industrial, military, healthcare, aerospace, and others. The leading user of the technology is the healthcare sector because of the increasing number of strokes and other neurological disorders rendering patient immobility in many cases.

As per the World Health Organization, more than 1 billion people are affected by disorders like Alzheimer's, epilepsy, stroke, and others every year. More than 15 million people suffered from neurological cases in 2019 which is the equivalent of 1 in every 6 people.

Recent Developments:

  • In June 2022, scholars at the Italian Worker’s Compensation Authority (INAIL), and the IIT-Istituto Italiano di Tecnologia were successful in designing and realizing innovative prototypes of wearable robotic exoskeletons to be used in industrial set-ups. The prototypes are expected to enhance safety at industrial and manufacturing centers. The product works on artificial intelligence algorithms and motors and will help workers continue doing the most labor-intensive work with absolute ease.
  • In March 2021, engineers were able to combine wearable cameras and AI in self-walking robotic exoskeletons. The system works by combining AI algorithms and computer vision to replicate how an able-bodied person walks by analyzing the surrounding environment. The product is expected to eliminate the need for manual control of robotic exoskeletons thus empowering patients and taking a step further towards higher independence.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Wearable Robotic Exoskeleton Market: Regional Analysis

North America to lead the global market by 2028 in terms of expansion

The global wearable robotic exoskeleton market is anticipated to be dominated by North America during the forecast period owing to the fact that the USA has the presence of multiple billion-dollar organizations working towards developing and upgrading the already existing market of wearable robotic exoskeletons.

The increased number of R & D activities aided by rising resource support by private and government institutes is expected to propel regional growth. US-based organizations are constantly focusing on innovations and eliminating the restrictions in various technical fields.

The forward-thinking approach is what aids the region in staying ahead in the game. For instance, California-based Ekso Bionics managed to raise over USD 34 million, in 2017, for funding the development and commercialization of robotic skeletons designed for industrial use.

In Europe, the global market is anticipated to grow owing to the increasing construction, aeronautical, industrial, and healthcare sectors that have wide applications of the technology. Asia Pacific is steadily growing towards a higher CAGR because of innovations in countries like China, South Korea, India, and Japan.

Wearable Robotic Exoskeleton Market: Competitive Analysis

The global wearable robotic exoskeleton market is led by players like Myomo Inc., Bionik Laboratories Corp., ATOUN Inc, Cyberdyne Inc., Lockheed Martin Corporation, Parker Hannifin Corporation, Mitsubishi Heavy Industries, Ltd., Ekso Bionics Holdings, Inc., Daiya Industry Co., Ltd., B-Temia Inc., and P&S Mechanics Co. Ltd.

The global wearable robotic exoskeleton market is segmented as follows:

By Type

  • Passive
  • Powered

By Application

  • Industrial
  • Military
  • Healthcare
  • Aerospace
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Wearable Robotic Exoskeleton Market, (2022 - 2028) (USD Million)
    • 2.2 Global Wearable Robotic Exoskeleton Market : snapshot
  • Chapter 3. Global Wearable Robotic Exoskeleton Market - Industry Analysis
    • 3.1 Wearable Robotic Exoskeleton Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Technological advancements to aid market growth during the projection period
    • 3.3 Market Restraints
      • 3.3.1. Initial high cost step up to restrict the market growth
    • 3.4 Market Opportunities
      • 3.4.1. High-quality deliverables to provide market growth opportunities
    • 3.5 Market Challenges
      • 3.5.1. Stringent government regulations in the healthcare sector to challenge the market expansion
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Type
      • 3.7.2 Market attractiveness analysis By Application
  • Chapter 4. Global Wearable Robotic Exoskeleton Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Wearable Robotic Exoskeleton Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Wearable Robotic Exoskeleton Market - Type Analysis
    • 5.1 Global Wearable Robotic Exoskeleton Market overview: By Type
      • 5.1.1 Global Wearable Robotic Exoskeleton Market share, By Type, 2021 and 2028
    • 5.2 Passive
      • 5.2.1 Global Wearable Robotic Exoskeleton Market by Passive, 2022 - 2028 (USD Million)
    • 5.3 Powered
      • 5.3.1 Global Wearable Robotic Exoskeleton Market by Powered, 2022 - 2028 (USD Million)
  • Chapter 6. Global Wearable Robotic Exoskeleton Market - Application Analysis
    • 6.1 Global Wearable Robotic Exoskeleton Market overview: By Application
      • 6.1.1 Global Wearable Robotic Exoskeleton Market share, By Application, 2021 and 2028
    • 6.2 Industrial
      • 6.2.1 Global Wearable Robotic Exoskeleton Market by Industrial, 2022 - 2028 (USD Million)
    • 6.3 Military
      • 6.3.1 Global Wearable Robotic Exoskeleton Market by Military, 2022 - 2028 (USD Million)
    • 6.4 Healthcare
      • 6.4.1 Global Wearable Robotic Exoskeleton Market by Healthcare, 2022 - 2028 (USD Million)
    • 6.5 Aerospace
      • 6.5.1 Global Wearable Robotic Exoskeleton Market by Aerospace, 2022 - 2028 (USD Million)
    • 6.6 Others
      • 6.6.1 Global Wearable Robotic Exoskeleton Market by Others, 2022 - 2028 (USD Million)
  • Chapter 7. Wearable Robotic Exoskeleton Market - Regional Analysis
    • 7.1 Global Wearable Robotic Exoskeleton Market Regional Overview
    • 7.2 Global Wearable Robotic Exoskeleton Market Share, by Region, 2021 & 2028 (USD Million)
    • 7.3. North America
      • 7.3.1 North America Wearable Robotic Exoskeleton Market, 2022 - 2028 (USD Million)
        • 7.3.1.1 North America Wearable Robotic Exoskeleton Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 North America Wearable Robotic Exoskeleton Market, by Type, 2022 - 2028
      • 7.4.1 North America Wearable Robotic Exoskeleton Market, by Type, 2022 - 2028 (USD Million)
    • 7.5 North America Wearable Robotic Exoskeleton Market, by Application, 2022 - 2028
      • 7.5.1 North America Wearable Robotic Exoskeleton Market, by Application, 2022 - 2028 (USD Million)
    • 7.4. Europe
      • 7.4.2 Europe Wearable Robotic Exoskeleton Market, 2022 - 2028 (USD Million)
        • 7.4.2.1 Europe Wearable Robotic Exoskeleton Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 Europe Wearable Robotic Exoskeleton Market, by Type, 2022 - 2028
      • 7.4.1 Europe Wearable Robotic Exoskeleton Market, by Type, 2022 - 2028 (USD Million)
    • 7.5 Europe Wearable Robotic Exoskeleton Market, by Application, 2022 - 2028
      • 7.5.1 Europe Wearable Robotic Exoskeleton Market, by Application, 2022 - 2028 (USD Million)
    • 7.5. Asia Pacific
      • 7.5.3 Asia Pacific Wearable Robotic Exoskeleton Market, 2022 - 2028 (USD Million)
        • 7.5.3.1 Asia Pacific Wearable Robotic Exoskeleton Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 Asia Pacific Wearable Robotic Exoskeleton Market, by Type, 2022 - 2028
      • 7.4.1 Asia Pacific Wearable Robotic Exoskeleton Market, by Type, 2022 - 2028 (USD Million)
    • 7.5 Asia Pacific Wearable Robotic Exoskeleton Market, by Application, 2022 - 2028
      • 7.5.1 Asia Pacific Wearable Robotic Exoskeleton Market, by Application, 2022 - 2028 (USD Million)
    • 7.6. Latin America
      • 7.6.4 Latin America Wearable Robotic Exoskeleton Market, 2022 - 2028 (USD Million)
        • 7.6.4.1 Latin America Wearable Robotic Exoskeleton Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 Latin America Wearable Robotic Exoskeleton Market, by Type, 2022 - 2028
      • 7.4.1 Latin America Wearable Robotic Exoskeleton Market, by Type, 2022 - 2028 (USD Million)
    • 7.5 Latin America Wearable Robotic Exoskeleton Market, by Application, 2022 - 2028
      • 7.5.1 Latin America Wearable Robotic Exoskeleton Market, by Application, 2022 - 2028 (USD Million)
    • 7.7. The Middle-East and Africa
      • 7.7.5 The Middle-East and Africa Wearable Robotic Exoskeleton Market, 2022 - 2028 (USD Million)
        • 7.7.5.1 The Middle-East and Africa Wearable Robotic Exoskeleton Market, by Country, 2022 - 2028 (USD Million)
    • 7.4 The Middle-East and Africa Wearable Robotic Exoskeleton Market, by Type, 2022 - 2028
      • 7.4.1 The Middle-East and Africa Wearable Robotic Exoskeleton Market, by Type, 2022 - 2028 (USD Million)
    • 7.5 The Middle-East and Africa Wearable Robotic Exoskeleton Market, by Application, 2022 - 2028
      • 7.5.1 The Middle-East and Africa Wearable Robotic Exoskeleton Market, by Application, 2022 - 2028 (USD Million)
  • Chapter 8. Company Profiles
    • 8.1 Myomo Inc.
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 Bionik Laboratories Corp.
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 ATOUN Inc
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Cyberdyne Inc.
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 Lockheed Martin Corporation
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 Parker Hannifin Corporation
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 Mitsubishi Heavy Industries Ltd.
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 Ekso Bionics Holdings Inc.
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 Daiya Industry Co. Ltd.
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 B-Temia Inc.
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments
    • 8.11 P&S Mechanics Co. Ltd.
      • 8.11.1 Overview
      • 8.11.2 Financials
      • 8.11.3 Product Portfolio
      • 8.11.4 Business Strategy
      • 8.11.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Wearable Robotic Exoskeleton Market, 2022 - 2028 (USD Million)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Wearable Robotic Exoskeleton Market attractiveness, By Type
  • 6. Global Wearable Robotic Exoskeleton Market attractiveness, By Application
  • 7. Global Wearable Robotic Exoskeleton Market share by Type, 2022 and 2028 (USD Million)
  • 8. Global Wearable Robotic Exoskeleton Market by Passive, 2022 - 2028 (USD Million)
  • 9. Global Wearable Robotic Exoskeleton Market by Powered, 2022 - 2028 (USD Million)
  • 10. Global Wearable Robotic Exoskeleton Market share by Application, 2022 and 2028 (USD Million)
  • 11. Global Wearable Robotic Exoskeleton Market by Industrial, 2022 - 2028 (USD Million)
  • 12. Global Wearable Robotic Exoskeleton Market by Military, 2022 - 2028 (USD Million)
  • 13. Global Wearable Robotic Exoskeleton Market by Healthcare, 2022 - 2028 (USD Million)
  • 14. Global Wearable Robotic Exoskeleton Market by Aerospace, 2022 - 2028 (USD Million)
  • 15. Global Wearable Robotic Exoskeleton Market by Others, 2022 - 2028 (USD Million)
  • 16. Global Wearable Robotic Exoskeleton Market share, by Region, 2022 and 2028
  • 17. North America Wearable Robotic Exoskeleton Market, 2022 - 2028 (USD Million)
  • 18. Europe Wearable Robotic Exoskeleton Market, 2022 - 2028 (USD Million)
  • 19. Asia Pacific Wearable Robotic Exoskeleton Market, 2022 - 2028 (USD Million)
  • 20. Latin America Wearable Robotic Exoskeleton Market, 2022 - 2028 (USD Million)
  • 21. The Middle-East and Africa Wearable Robotic Exoskeleton Market, 2022 - 2028 (USD Million)

Table Of Tables

  • 1. Global Wearable Robotic Exoskeleton Market: Snapshot
  • 2. Drivers of the Wearable Robotic Exoskeleton Market: impact analysis
  • 3. North America Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 4. North America Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 5. U.S. Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 6. U.S. Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 7. Canada Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 8. Canada Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 9. Europe Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 10. Europe Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 11. Germany Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 12. Germany Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 13. France Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 14. France Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 15. U.K. Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 16. U.K. Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 17. Italy Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 18. Italy Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 19. Spain Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 20. Spain Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 21. Rest of Europe Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 22. Rest of Europe Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 23. Asia Pacific Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 24. Asia Pacific Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 25. China Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 26. China Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 27. Japan Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 28. Japan Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 29. India Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 30. India Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 31. South Korea Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 32. South Korea Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 33. South-East Asia Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 34. South-East Asia Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 35. Rest of Asia Pacific Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 36. Rest of Asia Pacific Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 37. Latin America Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 38. Latin America Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 39. Brazil Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 40. Brazil Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 41. Mexico Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 42. Mexico Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 43. Rest of Latin America Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 44. Rest of Latin America Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 45. The Middle-East and Africa Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 46. The Middle-East and Africa Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 47. GCC Countries Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 48. GCC Countries Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 49. South Africa Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 50. South Africa Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)
  • 51. Rest of Middle-East Africa Wearable Robotic Exoskeleton Market revenue, By Type, 2022 - 2028 (USD Million)
  • 52. Rest of Middle-East Africa Wearable Robotic Exoskeleton Market revenue, By Application, 2022 - 2028 (USD Million)

Methodology

Choose License Type

Request the coronavirus impact analysis across industries and markets

FrequentlyAsked Questions

The global wearable robotic exoskeleton market is anticipated to grow owing to the various research & development activities carried out in the field of robotic processes and artificial intelligence.

According to Zion Market Research, the global wearable robotic exoskeleton market size was worth around USD 665 million in 2021 and is predicted to grow to around USD 11.86 billion by 2028 with a compound annual growth rate (CAGR) of roughly 44.37% between 2022 and 2028.

The global wearable robotic exoskeleton market is anticipated to be dominated by North America during the forecast period owing to the fact that the USA has the presence of multiple billion-dollar organizations working towards developing and upgrading the already existing market of wearable robotic exoskeletons

The global wearable robotic exoskeleton market is led by players like Myomo Inc., Bionik Laboratories Corp., ATOUN Inc, Cyberdyne Inc., Lockheed Martin Corporation, Parker Hannifin Corporation, Mitsubishi Heavy Industries, Ltd., Ekso Bionics Holdings, Inc., Daiya Industry Co., Ltd., B-Temia Inc., and P&S Mechanics Co. Ltd.

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • paypal
  • amazon
  • visa
  • master card

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed