Dublin, Feb. 21, 2025 (GLOBE NEWSWIRE) — The “Medical Exoskeleton – Global Strategic Business Report”has been added to ResearchAndMarkets.com’s offering.
The global market for Medical Exoskeleton was valued at US$2.1 Billion in 2024 and is projected to reach US$6.5 Billion by 2030, growing at a CAGR of 20.3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the medical exoskeleton market is driven by several factors, including the increasing prevalence of neurological and mobility disorders, advancements in robotics and AI, and rising demand for rehabilitation technologies. As the global population ages, the incidence of mobility impairments is rising, driving demand for assistive technologies like exoskeletons.
Advances in robotics and motion control systems are making these devices more effective and accessible, further boosting market growth. Additionally, the growing focus on improving patient outcomes through rehabilitation and the increasing availability of insurance coverage for medical exoskeletons are contributing to the market’s expansion.
Report Scope
The report analyzes the Medical Exoskeleton market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.
Segments
Component (Hardware, Software); Type (Powered, Passive); Mobility (Mobile, Stationary).
Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Exoskeleton Hardware segment, which is expected to reach US$3.2 Billion by 2030 with a CAGR of a 17.6%. The Exoskeleton Software segment is also set to grow at 23.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $633 Million in 2024, and China, forecasted to grow at an impressive 18.4% CAGR to reach $914.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Bionik Laboratories Corp, B-TEMIA Inc., Cyberdyne Inc., Ekso Bionics Holdings, Inc., ExoAtlet and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Questions Answered:
- How is the Global Medical Exoskeleton Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 34 major companies featured in this Medical Exoskeleton market report include:
- Bionik Laboratories Corp
- B-TEMIA Inc.
- Cyberdyne Inc.
- Ekso Bionics Holdings, Inc.
- ExoAtlet
- Gogoa Mobility Robots SL
- Hocoma AG (A Subsidiary of DIH Technologies)
- Parker Hannifin Corp
- ReWalk Robotics Ltd
- Rex Bionics Ltd.
- Tyromotion GmbH
- US Bionics
- Wearable Robotics SRL
Key Attributes
Report Attribute | Details |
No. of Pages | 89 |
Forecast Period | 2024-2030 |
Estimated Market Value (USD) in 2024 | $2.1 Billion |
Forecasted Market Value (USD) by 2030 | $6.5 Billion |
Compound Annual Growth Rate | 20.3% |
Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Medical Exoskeleton – Global Key Competitors Percentage Market Share in 2025 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
MARKET TRENDS & DRIVERS
- Rising Demand for Rehabilitation and Mobility Assistance Drives Growth in Medical Exoskeleton Market
- Technological Advancements in Wearable Exoskeletons Strengthen Business Case for Adoption
- Growing Focus on Improving Mobility in Patients with Disabilities Expands Addressable Market for Exoskeletons
- Expansion of Medical Exoskeletons in Physical Therapy and Neurological Rehabilitation Fuels Market Growth
- Increasing Adoption of Powered Exoskeletons for Spinal Cord Injury Patients Expands Market Opportunities
- Technological Innovations in Lightweight and Battery-Powered Exoskeletons Propel Market Expansion
- Rising Focus on Enhancing Patient Independence and Quality of Life Drives Demand for Medical Exoskeletons
- Growing Use of Medical Exoskeletons in Stroke Recovery and Gait Training Expands Market Potential
- Focus on Reducing Rehabilitation Time and Improving Therapy Outcomes Strengthens Demand for Exoskeletons
- Rising Adoption of Medical Exoskeletons in Elderly Care and Assisted Living Facilities Expands Addressable Market
- Technological Advancements in AI-Enabled and Smart Exoskeleton Systems Propel Market Growth
- Rising Demand for Pediatric Exoskeletons for Mobility Assistance Expands Market Opportunities
For more information about this report visit https://www.researchandmarkets.com/r/cqe6xh
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- Medical Exoskeleton Market