An exoskeleton is a wearable robot that combines human intelligence and machine power. It is widely used for rehabilitation applications such as tendon therapy and physical exercise, and supports finger flexion and extension movements. People suffering from hip or knee weakness can use these robots to prevent common accidents, including slipping. In addition, exoskeletons provide efficient therapy causing minimal fatigue in individuals, and enhance the therapy beyond the practitioner's abilities. They are also used for military, industrial, construction, and personal use applications.
Technavio’s analysts forecast the global exoskeleton robots market to grow at a CAGR of 50.85% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global exoskeleton robots market for 2016-2020. To calculate the market size, the report considers revenue generated from the below-mentioned models. - Lease or rent - Sales - Treatment commission of fee sharing
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Exoskeleton Robots Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendorsoperating in this market.
Other prominent vendors - Alter G - Daewoo Shipbuilding and Marine Engineering - Hocoma - Honda - Interactive Motion Technologies - LockHeed Martin - Myomo - Panasonic - Parker Hannifin - Sacros - Toyota Motors - US Bionics
Market driver - Advances in technology - For a full, detailed list, view our report
Market challenge - High cost of product - For a full, detailed list, view our report
Market trend - Rise in use of exoskeletons for military and industrial applications - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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By Asia Market Information & Development Company
• Feb 2021
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