Exoskeleton Market Size, Share & Trends Report

Exoskeleton Market Size, Share & Trends Analysis Report By Mobility (Mobile, Fixed/Stationary), By Technology (Powered, Non-powered), By Extremity, By Structure, By End-use, By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-1-68038-071-2
  • Number of Pages: 150
  • Format: Electronic (PDF)
  • Historical Range: 2018 - 2022
  • Industry: Healthcare

Market Segmentation

  • Exoskeleton Mobility Outlook (Volume, Revenue, USD Million, 2018 - 2030)
    • Mobile
    • Fixed/Stationary
  • Exoskeleton Technology Outlook (Volume, Revenue, USD Million, 2018 - 2030)
    • Powered
    • Non-powered
  • Exoskeleton Extremity Outlook (Volume, Revenue, USD Million, 2018 - 2030)
    • Upper Body
    • Lower Body
    • Full Body
  • Exoskeleton Structure Outlook (Volume, Revenue, USD Million, 2018 - 2030)
    • Rigid Exoskeletons
    • Soft Exoskeletons
  • Exoskeleton End-Use Outlook (Volume, Revenue, USD Million, 2018 - 2030)
    • Healthcare
    • Military
    • Industry
  • Exoskeleton Regional Outlook (Volume, Revenue, USD Million, 2018 - 2030)
    • North America
      • North America Exoskeleton Market, By Mobility
        • Mobile
        • Fixed/Stationary
      • North America Exoskeleton Market, By Technology
        • Powered
        • Non-powered
      • North America Exoskeleton Market, By Extremity
        • Upper Body
        • Lower Body
        • Full Body
      • North America Exoskeleton Market, By Structure
        • Rigid Exoskeletons
        • Soft Exoskeletons
      • North America Exoskeleton Market, By End-Use
        • Healthcare
        • Military
        • Industry
      • U.S.
        • U.S. Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • U.S. Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • U.S. Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • U.S. Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • U.S. Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • Canada
        • Canada Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Canada Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Canada Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Canada Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Canada Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
    • Europe
      • Europe Exoskeleton Market, By Mobility
        • Mobile
        • Fixed/Stationary
      • Europe Exoskeleton Market, By Technology
        • Powered
        • Non-powered
      • Europe Exoskeleton Market, By Extremity
        • Upper Body
        • Lower Body
        • Full Body
      • Europe Exoskeleton Market, By Structure
        • Rigid Exoskeletons
        • Soft Exoskeletons
      • Europe Exoskeleton Market, By End-Use
        • Healthcare
        • Military
        • Industry
      • Germany
        • Germany Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Germany Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Germany Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Germany Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Germany Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • U.K.
        • U.K. Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • U.K. Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • U.K. Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • U.K. Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • U.K. Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • Spain
        • Spain Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Spain Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Spain Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Spain Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Spain Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • Italy
        • Italy Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Italy Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Italy Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Italy Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Italy Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • France
        • France Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • France Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • France Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • France Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • France Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • Denmark
        • Denmark Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Denmark Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Denmark Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Denmark Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Denmark Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • Norway
        • Norway Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Norway Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Norway Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Norway Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Norway Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • Sweden
        • Sweden Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Sweden Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Sweden Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Sweden Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Sweden Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
    • Asia Pacific
      • Asia Pacific Exoskeleton Market, By Mobility
        • Mobile
        • Fixed/Stationary
      • Asia Pacific Exoskeleton Market, By Technology
        • Powered
        • Non-powered
      • Asia Pacific Exoskeleton Market, By Extremity
        • Upper Body
        • Lower Body
        • Full Body
      • Asia Pacific Exoskeleton Market, By Structure
        • Rigid Exoskeletons
        • Soft Exoskeletons
      • Asia Pacific Exoskeleton Market, By End-Use
        • Healthcare
        • Military
        • Industry
      • Japan
        • Japan Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Japan Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Japan Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Japan Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Japan Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • China
        • China Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • China Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • China Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • China Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • China Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • India
        • India Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • India Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • India Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • India Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • India Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • Australia
        • Australia Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Australia Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Australia Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Australia Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Australia Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • Thailand
        • Thailand Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Thailand Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Thailand Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Thailand Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Thailand Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • South Korea
        • South Korea Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • South Korea Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • South Korea Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • South Korea Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • South Korea Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
    • Latin America
      • Latin America Exoskeleton Market, By Mobility
        • Mobile
        • Fixed/Stationary
      • Latin America Exoskeleton Market, By Technology
        • Powered
        • Non-powered
      • Latin America Exoskeleton Market, By Extremity
        • Upper Body
        • Lower Body
        • Full Body
      • Latin America Exoskeleton Market, By Structure
        • Rigid Exoskeletons
        • Soft Exoskeletons
      • Latin America Exoskeleton Market, By End-Use
        • Healthcare
        • Military
        • Industry
      • Brazil
        • Brazil Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Brazil Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Brazil Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Brazil Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Brazil Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • Mexico
        • Mexico Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Mexico Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Mexico Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Mexico Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Mexico Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • Argentina
        • Argentina Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Argentina Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Argentina Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Argentina Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Argentina Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
    • MEA
      • MEA Exoskeleton Market, By Mobility
        • Mobile
        • Fixed/Stationary
      • MEA Exoskeleton Market, By Technology
        • Powered
        • Non-powered
      • MEA Exoskeleton Market, By Extremity
        • Upper Body
        • Lower Body
        • Full Body
      • MEA Exoskeleton Market, By Structure
        • Rigid Exoskeletons
        • Soft Exoskeletons
      • MEA Exoskeleton Market, By End-Use
        • Healthcare
        • Military
        • Industry
      • South Africa
        • South Africa Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • South Africa Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • South Africa Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • South Africa Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • South Africa Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • Saudi Arabia
        • Saudi Arabia Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Saudi Arabia Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Saudi Arabia Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Saudi Arabia Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Saudi Arabia Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • UAE
        • UAE Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • UAE Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • UAE Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • UAE Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • UAE Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry
      • Kuwait
        • Kuwait Exoskeleton Market, By Mobility
          • Mobile
          • Fixed/Stationary
        • Kuwait Exoskeleton Market, By Technology
          • Powered
          • Non-powered
        • Kuwait Exoskeleton Market, By Extremity
          • Upper Body
          • Lower Body
          • Full Body
        • Kuwait Exoskeleton Market, By Structure
          • Rigid Exoskeletons
          • Soft Exoskeletons
        • Kuwait Exoskeleton Market, By End-Use
          • Healthcare
          • Military
          • Industry

Exoskeleton Market Dynamics

Driver: Increasing incidences of spinal cord injuries

Increasing incidence of Spinal Cord Injury (SCI) is boosting the growth of exoskeleton market, as patients are recommended to use exoskeletons to improve their condition. Traumatic causes, such as vertebral fractures, and non-traumatic causes, such as vascular damage, congenital deformities, & infections, result in SCI, which may lead to physical and psychological dysfunction. This has become a major driver for adoption of exoskeletons by patients as well as healthcare providers. According to WHO, around 250,000 to 500,000 people suffer an SCI every year globally, and this increase in the number of patients is resulting in rise in the use of exoskeletons. Moreover, the Middle East and North Africa region recorded the highest incidence of SCIs. The global Years Lived with Disability (YLD) due to SCIs in 2019 stood at 6.2 million and Age-standardized YLD Rate (ASYR) was 76 per 100,000 individuals.

The demand for exoskeletons is increasing, as they provide various benefits, such as allowing an individual with SCI to experience walking and standing at a low metabolic cost. According to ClinicalTrials.gov, exoskeletons can be beneficial in improving bowel movement and decreasing spasticity while assisting in walking. In addition, the level of physical activity, as well as psychological parameters, are improved with the continued use of exoskeletons. Previous studies have reported that using an exoskeleton two to three times or more per week for 1 to 2 hours is beneficial in rehabilitation of people with SCI. As per a clinical trial study initiated in 2018 and updated in 2022, sponsored by McGuire Research Institute, exoskeleton training for around 12 weeks is beneficial in enhancing physical activity and energy expenditure in a person with tetraplegia.

Driver: Technological product advancements

Rapid technological advancements in this market are expected to boost the demand for exoskeletons. Increasing popularity and growing adoption of exoskeletons by companies are expected to contribute to growth. Also, increasing adoption of exoskeletons in manufacturing, logistics, automotive, and construction sectors is another factor fueling market growth

Furthermore, key players are continuously working on developing newer exoskeleton technologies. For instance, in October 2018, Hyundai Motor Group developed an exoskeleton technology, the Vest Exoskeleton, to reduce pressure on workers' backs & necks. The company began testing this offering in its North America Hyundai-KIA factory. In another example, in 2020, Hilti partnered with Ottobock SE and launched the first product in this collaboration, a passive exoskeleton called EXO-01. This exoskeleton aims to reduce worker stress and mishaps in construction industry. Major companies such as IKEA and BMW have been familiar with German Bionic’s fifth generation Cray X, an AI-enabled, powered exoskeleton with the capacity of lifting additional 70 pounds, thus reducing the risk of repetitive stress and back injuries. Such advancements are likely to boost market growth in the coming years.

Restraint: High development and maintenance costs

The cost of exoskeletons is high, which includes cost of this device, its maintenance, standard care hospitalization, and trainers who can operate an exoskeleton. These costs combined with other costs make exoskeletons expensive for consumers. The minimum cost of exoskeleton is much higher than a wheelchair, which is considered to be an alternative. In addition, mechanical features and techniques to follow human movements drive up the cost, which is a major factor restraining growth of exoskeleton market.

Many companies developing exoskeletons focus mainly on rehabilitation centers and hospitals. Owing to such high costs, adoption of exoskeleton devices for clinical and home use has been considerably low. Some companies also lease out their robots on contracts. For example, Cyberdyne’s Robot Suit HAL is accessible to medical and welfare facilities on lease or rental contracts. However, companies are striving hard to develop cost-effective exoskeleton to boost its adoption and penetration. In addition, increasing production of exoskeletons is expected to reduce prices and lead to its increased adoption.

What Does This Report Include?

This section will provide insights into the contents included in this exoskeleton market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

exoskeleton market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

exoskeleton market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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