Precision Business Insights has published a report on the global exoskeleton market, estimating its value at USD 614.3 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 19.8% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/exoskeleton-market 

The exoskeleton market refers to the industry focused on wearable robotic devices designed to augment or assist human movement and physical capabilities. These devices are used across various sectors, including healthcare, defense, industrial applications, and more

Drivers:

• Healthcare Applications: Exoskeletons are increasingly used for rehabilitation, aiding individuals with mobility impairments, spinal cord injuries, or neurological disorders
• Industrial Use: They help reduce workplace injuries by supporting workers in physically demanding tasks, such as heavy lifting or repetitive motions.

The global exoskeleton market segmentation:

1)By Mobility: Mobile, Fixed/Stationary
2)Technology: Powered, non-powered
3)By Extremity: Upper Body, Lower Body, Full Body
4)By End User: Healthcare, Military, Industrial

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Regional Overview:

The report also examines the current concerns and their Future Effects on the exoskeleton market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the exoskeleton market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like ATOUN (Japan), BIONIK (Canada), B-Temia (Canada), CYBERDYNE (Japan), DIH Medical (China), Ekso Bionics (US), Lockheed Martin Corporation (US), MediTouch (Israel), Ottobock (Germany), ReWalk Robotics (US).

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