What is Exoskeleton Robots Market Scope?
An exoskeleton robot is a wearable ambulatory machine. For limb movement with high strength and endurance, it is powered by combination of various technologies includes electric motors, pneumatic, levers, hydraulics. Of late, various countries including United States, Japan South Korea and others have succeed in the development of exoskeleton robot in numerous fields such as medical, logistical and engineering purposes because of their short range and battery life. Increasing investment in the advancement in technologies by top market players helps in introduction of new application areas, this will lead to significant growth in exoskeleton robot market in the upcoming years.
The Exoskeleton Robots market study is being classified by Type (Lower, Upper and FulláBody), by Application (Healthcare, Defense, Industrial and Other) and major geographies with country level break-up.
Research Analyst at AMA predicts that Players from United States will contribute to the maximum growth of Global Exoskeleton Robots market throughout the predicted period.
Cyberdyne (Japan), Hocoma (Switzerland), Intuitive Robots (France), ReWalk Robotics (Israel), Ekso Bionics (United States), LockHeed Martin (United States), Parker Hannifin (United States), Interactive Motion Technologies (United States), Panasonic (Japan), Myomo (United States) and B-TEMIA Inc. (Canada) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Alter G (United States) and US Bionics (United States).
Analyst at AMA have segmented the market study of Global Exoskeleton Robots market by Type, Application and Region.
On the basis of geography, the market of Exoskeleton Robots has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
On 15th July 2019, Intuitive, the pioneer and a global leader in robotic-assisted, minimally invasive surgery and manufacturer of da Vinci surgical systems, announced the acquisition of Sch÷lly Fiberopticĺs robotic endoscope business. Intuitive is acquiring the robotic endoscope portion of Sch÷lly Fiberopticĺs business. This acquisition will integrate Sch÷llyĺs robotic endoscope manufacturing line, and two Sch÷lly sites into Intuitive operations: the robotic-related manufacturing line from Denzlingen, Germany; the manufacturing site in Biebertal, Germany; and the repair site in Worcester, Mass., USA.
Influencing Market Trend
- Rapid Technological Advancements in Artificial Intelligence and Robotics for More Energy-efficient and Variable Prototype
- Growing Demand for Exoskeleton for Rehabilitation Therapy
- Increasing Geriatric Population who Requires Therapy
- Increasing Adoption of Human Augmentation in Industrial and Military Sectors
- Rise in Investment in Enhancement of Exoskeleton Technologies
- Strict Government Regulation
- Most of the Devices are Limited to Laboratory Testing and a Very Few of them are Available for Human Use
- High Equipment Cost in the Production of Exoskeleton Robots
Key Target AudienceExoskeleton Robots Manufacturers, Exoskeleton Robots International Traders, Exoskeleton Robots Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research & Media features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.