Medical Exoskeleton is a device which is extensively used by physically disabled people and are mostly present in clinics, at home, hospital & others. The global medical Exoskeleton market was valued at $XX billion in 2017 and expected to reach $XX billion by 2025 with a CAGR of XX% during the forecast period from 2019-2025. The critical factors like increase in development of the exoskeleton technology by company & organisations collaborations, increasing number of people with physical disabilities are creating demand for effective rehabilitation approaches & increasing insurance coverage for medical exoskeletons in several countries are driving the market growth. The factors like high costs of the exoskeleton devices restraints the adoption of home use & lack of reimbursements are hampering the market growth. Introduction of the soft actuator is creating an opportunity for market growth.
Research Study Objectives:
- Define, estimate, and forecast the Medical Exoskeleton market statistics by component, by type, by mobility, by extremity and regions concerning the individual growth drivers, market trends and their contribution toward the Medical Exoskeleton market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Medical Exoskeleton Market Analysis
- Analysis and conclusions on the future Medical Exoskeleton market outlook.
Top-down and bottom-up approaches are used to validate the Medical Exoskeleton Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are
identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The
Medical Exoskeleton Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the
Medical Exoskeleton market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Medical Exoskeleton market segmentation is as follows:
By Component
- Hardware
- Sensors
- Actuators
- Power Sources
- Control Systems
- Other Hardware Components
- Software
- Others
By Type
- Powered Exoskeleton
- Passive Exoskeleton
By Mobility
- Stationary Medical Exoskeletons
- Mobile Medical Exoskeletons
By Extremity
- Lower Extremity Medical Exoskeletons
- Upper Extremity Medical Exoskeletons
Geographical Analysis:
Medical Exoskeleton Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia,
Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Medical Exoskeleton Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Medical Exoskeleton Market Research Report Includes:
- An executive summarycondensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on year–on–year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Medical Exoskeleton market players, such as
- Cyberdyne Inc.
- Bionik Laboratories Corp.
- Hocoma AG
- Wearable Robotics
- Gogoa Mobility Robots
- Along with these companies, many other companies are considered in the report while analysing the Global Medical Exoskeleton competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
