The smart exoskeleton is a device that acts as an amplifier that augments and restores human performance. Automatic adjustments are done in the exoskeleton according to body movements with the help of an advanced algorithm is used in the smart exoskeleton. Smart Exoskeleton is used to offer more endurance while walking, help a stroke patient walk again and improve athletic performance. New technological advancements allow smart exoskeletons to measure the sum of energy by monitoring breathing.
MARKET DYNAMICS
An increase in demand for the use of smart exoskeletons in the rehabilitation of people suffering from neurological disorders and physical disabilities is the significant factor driving the growth of the global smart exoskeleton market. However, anxieties related to the affordability of smart exoskeletons are the major factor restraining the growth of the smart exoskeletons market. Nevertheless, the rise in investments to develop lightweight, innovative, and energy-efficient exoskeletons across the globe is anticipated to generate new opportunities for the growth of the smart exoskeleton market.
MARKET SCOPE
The "Global Smart Exoskeleton Market Analysis to 2028" is a specialized and in-depth study of the smart exoskeleton market with a special focus on the global market trend analysis. The report aims to provide an overview of smart exoskeleton market with detailed market segmentation by component, type, body part, application. The global smart exoskeleton market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart exoskeleton market players and offers key trends and opportunities in the smart exoskeleton market.
MARKET SEGMENTATION
The global smart exoskeleton market is segmented on the basis of component, type, body part, application. On the basis of component, the market is segmented as sensors, actuators, power source, control system, others. On the basis of type, the market is segmented as soft exoskeleton, rigid exoskeleton. On the basis of body part, the market is segmented as upper body, lower body, full body. On the basis of application, the market is segmented as industrial, healthcare, military, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart exoskeleton market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The smart exoskeleton market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting smart exoskeleton market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Smart exoskeleton market in these regions.
MARKET PLAYERS
The reports cover key developments in the smart exoskeleton market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from smart exoskeleton market are anticipated to lucrative growth opportunities in the future with the rising demand for smart exoskeleton market. Below mentioned is the list of few companies engaged in the smart exoskeleton market.
The report also includes the profiles of key smart exoskeleton market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ATOUN Inc.
- Bionik, Inc
- CYBERDYNE, INC.
- Ekso Bionics
- Gogoa.eu
- ReWalk Robotics
- Rex Bionics Ltd
- Technaid. S.L.
- US Bionics, Inc.
- Wearable Robotics srl
The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.