Wearable Exoskeletons Market Forecast by End-use Industry 2018 to 2028Posted by ankush Nikam on October 2nd, 2019 Wearable Exoskeletons Market – Introduction Wearable exoskeletons are mobile machines that are powered using electric motors, hydraulics, levers, and pneumatics, which underpin the body movement with endurance and enhanced strength. Wearable exoskeletons can ensure the overall health of a patient and assist them in the restoration of their motor controls. Sales of wearable exoskeletons reached a value of US$ 90 Mn in 2017 and are estimated to grow incessantly in the forthcoming years. With the increased dissemination of information apropos of their medical applications, numerous hospitals and therapists have begun capitalizing on the technology to stay at the top of the survival game in the healthcare vicinity. This has further expanded the scope of wearable exoskeletons in the healthcare industry to help the nurses lift patients and carry them. Elderly care and rehab centers are some of the surplus areas where wearable exoskeletons find emerging applications, which will further add value to the growing size of the wearable exoskeletons market in the upcoming years. Wearable Exoskeletons Market – Novel Developments Recognizing the rising popularity of the units, manufacturers of the wearable exoskeletons have been striving to enhance the functionalities of their products to increase their desirability among the end-users. This has fueled the trends of hefty investments in the research and development activities. As a part of the expansion, strategic mergers and acquisitions, productive collaborations, and partnerships are witnessed in the wearable exoskeletons market. Key partakers devising innovation in the wearable exoskeletons market consist of ATOUN Co., Ltd., Bionik Laboratories Corp., B-Temia Inc., Cyberdyne Inc., Hocoma AG, Ekso Bionics Holdings Inc., Rex Bionics Plc, ReWalk Robotics Ltd., Parker Hannifin Corporation, Myomo Inc., Lockheed Martin, BAE Systems, Sarcos/Raytheon, Honda, Panasonic, Daewoo, Revision Military, Noonee, ExoAtlet, O.O.O., Gogoa Mobility Robots SL, Wearable Robotics SRL, Daiya Industry Co., Focal Meditech BV, Mitsubishi Heavy Industries, Ltd., P&S Mechanics Co. Ltd., China North Industries Group Corporation, Sarcos, Rostec, and AlterG. Request Sample Report@ https://www.factmr.com/connectus/sample?flag=S&rep_id=3436
Wearable Exoskeletons Market – Dynamics Growing Number of Physically Challenged Individuals to Propel the Demand for Wearable Exoskeletons Prevalence of stroke, injuries from trauma, and the rising number of road hazards have resulted in a number of physical disabilities among people, which is expected to sustain the demand for wearable exoskeletons in the near future. In addition, the surging number of the geriatric population across the world have made them prone to severe conditions such as musculoskeletal injuries and strokes, which ultimately results in poor motor skills. Increasing number of aged people implies that the number of caretakers will decrease, which has further provided the required boost to the growth of the wearable exoskeletons market. Reliable Insurance Policies to Increase the Affinity of Consumers Towards Wearable Exoskeletons Assistive devices are gradually gaining a crucial stance as an integral part of the healthcare industry. With the recognition of growing disabled population across the world, governments of numerous countries have been funding the healthcare expenditures of the individuals, which is predicted to amplify the adoption rate of these units. Rise in the domestic income and an imperative inclination towards enhanced lifestyle have boosted the spending capacity of the individuals, which is expected to deliver promising growth opportunities to the wearable exoskeletons market in the coming years. Financial cushion provided by healthcare insurances of consumers is yet another growth propeller of the wearable exoskeletons market. Wearable Exoskeletons Market – Segmentation The wearable exoskeletons market can be bifurcated on the basis of:
Wearable Exoskeletons Market Segmentation – By Component Type Depending on the component type, the wearable exoskeletons market can be fragmented into:
Wearable Exoskeletons Market Segmentation – By Type Based on the type, the wearable exoskeletons market can be segmented into:
Wearable Exoskeletons Market Segmentation – By Mobility On the basis of the mobility, the wearable exoskeletons market can be classified into:
Wearable Exoskeletons Market Segmentation – By Extremity Based on the extremity, the wearable exoskeletons market can be bifurcated into:
The research report presents a comprehensive assessment of the wearable exoskeletons market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to wearable exoskeletons market segments such as geographies, application and industry. Wearable exoskeletons market report covers exhaustive analysis on:
Wearable exoskeletons market regional analysis includes:
The wearable exoskeletons market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with wearable exoskeletons market attractiveness as per segments. The report also maps the qualitative impact of various market factors on wearable exoskeletons market segments and geographies.
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