United States smart exoskeleton market
is expected to grow at a significant rate during the forecast period. Increase in geriatric population suffering from musculoskeletal
injuries and neurological disorders is contributing to the smart exoskeleton
market growth due to high demand for effective rehabilitation tools. Advantages
of smart exoskeleton over the traditional exoskeleton such as ability to move
the body according to the needs of real time environment. Smart exoskeletons
consume less amount of energy as it can measure the amount of energy required
for functioning of the body by monitoring the breathing patterns and adjusting
the body by minimizing the human energy expenditure. United States has a strong
economic presence and well-developed healthcare infrastructure which is further
fueling the smart exoskeleton market growth. Supportive government policies to
promote the healthcare sector by proving reimbursement policies to expand the
reach of healthcare services to every sector of the society. Rise in
reimbursement medical coverage for medical exoskeleton and increase in number
of people suffering from physical disabilities is expected to foster the demand
of smart exoskeleton market in United States. Increase in especially abled
people and occurrence of weakness of limbs in people either due to spinal cord
injuries or traumatic brain injuries is boosting the demand for smart exoskeletons
to assist people to walk again.
United
States smart exoskeleton market is segmented into component, type, product type,
body part, application, regional distribution, and company. Based on component, market is
further divided into sensors, actuators, power source, control system and others.
The actuators segment is expected to account for major market share for the
forecast period, 2023-2027. Actuator is the most common type of component used
in exoskeleton thereby is in high demand in the market.
The major players operating in the
United States smart exoskeleton market are Ekso Bionics
Holdings Inc., ReWalk Robotics, Inc., Sarcos Corp., U.S. Bionics, Inc., Otto
Bock USA, Lockheed Martin Corporation, Raytheon Company, Parker Hannifin Corporation,
American Honda Motor Company, Inc., Myomo, Inc., among others. Major
companies are developing advanced technologies and launching new services to
stay competitive in the market. Other competitive strategies include mergers
& acquisitions and new service developments.
Objective of the Study:
- To analyze the historical growth of the market
size of United States smart exoskeleton market from 2017 to 2020.
- To estimate and forecast the market size of United
States smart exoskeleton market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast United States smart
exoskeleton market based on component, type, product type, body part,
application, regional distribution, and company.
- To identify dominant region or segment in the United
States smart exoskeleton.
- To identify drivers and challenges for United
States smart exoskeleton market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in United
States smart exoskeleton market.
- To identify and analyze the profile of leading
players operating in United States smart exoskeleton market.
- To identify key sustainable strategies adopted
by market players in United States smart exoskeleton market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers who
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of United States smart exoskeleton market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Smart exoskeleton manufacturing
companies
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums, and
alliances related to smart exoskeleton market.
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
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Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historical Years
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2017 – 2020
|
|
Estimated Year
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2022E
|
|
Forecast Period
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2023F – 2027F
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Quantitative Units
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Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
|
|
Report Coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments Covered
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·
Component
·
Type
·
Body Type
·
Product Type
|
|
Region Scope
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South-Region, West-Region, Mid-West Region & Northeast-Region
|
|
Key Companies Profiled
|
Ekso Bionics Holdings Inc., ReWalk Robotics, Inc., Sarcos
Corp., U.S. Bionics, Inc., Otto Bock USA, Lockheed Martin Corporation,
Raytheon Company, Parker Hannifin Corporation, American Honda Motor Company,
Inc., Myomo, Inc.
|
|
Customization Scope
|
10% free report customization with purchase. Addition or
alteration to regional & segment scope.
|
|
Pricing and Purchase Options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase
options
|
|
Delivery Format
|
PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
|
Report Scope:
In this report, United States smart
exoskeleton market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
·
United States Smart Exoskeleton Market,
By Component:
- Sensors
- Actuators
- Power Source
- Control System
- Others
- United States Smart Exoskeleton Market, By Type:
- Soft Exoskeleton
- Rigid Exoskeleton
- United States Smart Exoskeleton Market, By Body
Part:
- Upper body
- Lower body
- Full body
- United States Smart Exoskeleton Market, By Product
Type:
- Healthcare
- Military
- Industrial
- Others
- United States Smart Exoskeleton Market, By Region:
- South
- West
- Mid-West
- North East
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in United States smart exoskeleton market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling
of additional market players (up to five).
United States smart exoskeleton market is an upcoming report to be
released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at [email protected]