According to the MarkNtel Advisors’ research report, "Global Wearable Robotic Exoskeleton Market Analysis, 2021," the market is likely to grow at a CAGR of 42% during 2021-26 due to the surging focus of market players for developing the robotics industry to deliver consistent & proper movement therapy. Further, the increasing adoption of wearable robotic exoskeleton enhances endurance & safety in industrial settings and offers a new opportunity for the fighting forces. Additionally, it increases the productivity of manufacturing units and reduces injury risks. Therefore, these factors facilitate the demand for the wearable robotic exoskeleton market across the world.
Key questions answered in the study
1. What are the current and future trends in the Global Wearable Robotic Exoskeleton market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Global Wearable Robotic Exoskeleton market?
5. What are the customer orientation, purchase behavior, and expectations from the Global Wearable Robotic Exoskeleton market service providers across various regions?
Get the sample copy of the market report: https://www.marknteladvisors.com/query/request-sample/global-wearable-robotic-exoskeleton-market.html
Impact of COVID-19
With the number of Covid-19 cases increasing globally, the demand also increases for essential life-saving devices and other essential medical supplies providing good care to infected individuals. However, due to lockdown imposition and the temporary shutdown of manufacturing units, the growth of the Wearable Robotic Exoskeleton market became stagnant. However, as the lockdown has uplifted, the demand for exoskeletons shall increase in the forecast period.
“Global Wearable Robotic Exoskeleton Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Wearable Robotic Exoskeleton providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.
Lower Limb Segment Dominate the Market
Based on the Limb Segmentation, the market bifurcates into Upper Limb, Lower Limb, and Full Body. Among these segments, Lower Limb accounted for the largest share in the Global Wearable Robotic Exoskeleton Market in the previous year as proper walking recovery is the primary priority for leading an active lifestyle. Additionally, it also helps restore legged mobility and reduces secondary health issues. Therefore, the segment contributes to the growth of the Global Wearable Robotic Exoskeleton Market in the forecast period, reveals MarkNtel Advisors in their research report, "Global Wearable Robotic Exoskeleton Market Analysis, 2021."
According to MarkNtel Advisors, the major leading players in the Global Wearable Robotic Exoskeleton Market are ATOUN Inc., B-Temia Inc., Bionik Laboratories Corporation, Cyberdyne Inc., Daiya Industry Co., Ltd., Ekso Bionics, Focal Meditech BV, Hocoma AG, Hyundai Motor Company, Honda Motor Co., Ltd., Lockheed Martin, Mitsubishi Heavy Industries Ltd., Myomo Inc., P&S Mechanics Co. Ltd., Parker Hannifin Corporation, ReWalk Robotics Ltd., and Rex Bionics PLC.
Market Segmentation:
1. By Type (Fixed Exoskeleton, Mobile Exoskeleton)
2. By Operation (Active Exoskeleton, Passive Exoskeleton)
3. By Form (Hard Exoskeleton, Soft Exoskeleton)
4. By Limb (Upper Limb, Lower Limb, Full Body)
5. By Sales Channel (Subscription, Direct Purchase, Resell and Upgrade)
6. By Component (Hardware, Software)
7. By End User (Defense, Healthcare, Industrial, Commercial)
8. By Region (North America, Latin America, Europe, Asia-Pacific, Middle East & Africa)
9. By Country (U.S, Canada, Brazil, Mexico, Germany, France, The U.K, Russia, China, India, Japan, UAE, Israel)
10. By Competitors (ATOUN Inc., B-Temia Inc., Bionik Laboratories Corporation, Cyberdyne Inc., Daiya Industry Co., Ltd., Ekso Bionics, Focal Meditech BV, Hocoma AG, Hyundai Motor Company, Honda Motor Co., Ltd., Lockheed Martin, Mitsubishi Heavy Industries Ltd., Myomo Inc., P&S Mechanics Co. Ltd., Parker Hannifin Corporation, ReWalk Robotics Ltd., Rex Bionics PLC)