COVID-19 UPDATE: Global Medical Exoskeleton Market Surprising Growth due to Covid 19 include Major Players US Bionics, Ekso Bionics, ReWalk Robotics, BIONIK, Rex Bionics Ltd., PARKER HANNIFIN CORP
Data Bridge Market Research has recently added a concise research on the Global Medical Exoskeleton Market – Industry Trends and Forecast to 2026. Medical Exoskeleton Market research report has been prepared with a nice combination of industry insight, smart solutions, practical solutions and newest technology to give better user experience. Under market segmentation chapter, research and analysis is done based on several market and industry segments such as application, vertical, deployment model, end user, and geography. To perform this market research study, competent and advanced tools and techniques have been utilized that include the SWOT analysis and Porter’s Five Forces Analysis. Businesses can surely anticipate the reduced risk and failure with the winning Medical Exoskeleton Market research report.
Medical exoskeleton market is expected to account to USD 1,906.05 million by 2027 expanding at a rate of 35.15% in the forecast period of 2020 to 2027. High volume of patients suffering from various physical disabilities and disorders are enhancing the market’s potential for growth in the above mentioned forecasted period.
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The major players covered in the report are CYBERDYNE INC., US Bionics, Ekso Bionics, ReWalk Robotics, BIONIK, Rex Bionics Ltd., PARKER HANNIFIN CORP, Hocoma, Bioness Inc., Wearable Robotics srl, ExoAtlet, Gogoa.eu, Tyromotion GmbH among other players domestic and global. Market Share data is available for Global, North America, Europe, Asia-Pacific, Middle East & Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
The reliable Medical Exoskeleton Market report also explains an in depth description, competitive scenario, wide product portfolio of key vendors and their business strategies with the help of SWOT analysis and porter’s five force analysis. The market drivers and restraints have been explained specifically in the report. The statistics are indicated in graphical format in the report for a clear understanding of facts and figures. The report entails a variety of steps for gathering, recording and analysing data. A persuasive Medical Exoskeleton Market report assesses the potential market for a new product to be introduced in the market.
Medical exoskeleton is the mechanical outer structure designed to provide body support to physically disable patients in their movements and daily operations. This external structure ensures that the wearer can perform enhanced functionalities, more than their conventional capabilities. This structure is generally powered by different energy sources helping provide the optimal support for patient rehabilitation and helping them regain their bodily functions.
Increasing focus of major research organizations and market players to collaborate and advance their technological base for exoskeleton developments along with increasing volume of favourable reimbursements and insurance scenarios for adopting medical exoskeletons in various countries are acting as vital drivers for market growth.
Significantly high product pricing caused by the highly stringent regulatory scenarios for product approval and commercialization, this factor is expected to act as growth restraints for medical exoskeleton market in the forecasted period of 2020 to 2027.
This market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Global Medical Exoskeleton Market By Component (Hardware, Software), Type (Powered Exoskeleton, Passive Exoskeleton), Mobility (Stationary, Mobile), Extremity (Lower Extremity, Upper Extremity), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
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To comprehend Global Medical Exoskeleton Market dynamics in the world mainly, the worldwide Global Medical Exoskeleton Market market is analyzed across major global regions.
- North America: United States, Canada, and Mexico.
- South & Central America: Argentina, Chile, and Brazil.
- Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
- Europe: UK, France, Italy, Germany, Spain, and Russia.
- Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
Medical Exoskeleton Market Scope and Market Size
Medical exoskeleton market is segmented on the basis of component, type, mobility and extremity. Each individual segment’s growth is analysed and these insights are subsequently considered before providing you with the market overview which can help you in understanding and identification of your core applications in the broad market.
On the basis of component, medical exoskeleton market has been segmented into hardware and software. Hardware has been sub-segmented into sensors, actuators, power sources, control systems and others. Actuators are further segmented into pneumatic actuator, hydraulic actuator, electric actuator, mechanical, shape memory alloy actuator and others.
On the basis of type, market has been segmented into powered exoskeleton and passive exoskeleton.
Based on mobility, medical exoskeleton market has been segmented into stationary and mobile.
Medical exoskeleton market has been segmented on the basis of extremity into lower extremity and upper extremity.
Medical Exoskeleton Market Country Level Analysis
Medical exoskeleton market is analysed and market size information is provided by country, component, type, mobility and extremity as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa as a part of Middle East & Africa, Brazil, Argentina and Rest of South America as part of South America.
Medical exoskeleton market is expected to be dominated by North America with increasing levels of consumption for exoskeletons designed for rehabilitation and assist in physical disabilities. Favourable scenarios and consolidation of major market players in the region are also expected to result in this domination.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Medical exoskeleton market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for medical exoskeleton market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical exoskeleton market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Medical Exoskeleton Market Share Analysis
Medical exoskeleton market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to medical exoskeleton market.
In July 2019, Ekso Bionics announced that they had expanded their medical exoskeleton product offerings with the availability of “EksoUE”, with the device capable of combining with other forms of upper extremity rehabilitation device to provide wider capabilities in motion and high endurance levels for rehabilitation sessions.
Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Chapter 2: Executive Summary
Chapter 3: Industry Insights
Technological and innovation landscape
Global Medical Exoskeleton Market report effectively provides required features of the global market for the population and for the business looking people for mergers & acquisitions, making investments, new vendors or concerned in searching for the appreciated global market research facilities. It offers sample on the size, offer, and development rate of the market. The Global Medical Exoskeleton Market report provides the complete structure and fundamental overview of the industry market.
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