Exoskeleton System Market Insight, Size, Revenue, Growth Opportunities, Competitive Analysis, Trends and Demand by 2026 Evertise According to IMARC Group's latest report, titled ' Exoskeleton System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026', the global exoskeleton market exhibited robust growth during 2015-2020 and is expected to grow at a CAGR of around 40% during 2021-2026. An exoskeleton system refers to a wearable man-machine mechanism that provides mechanical strength to the user by amalgamating human intelligence and machine power. It comprises a wearable powered suit that enhances user safety and efficiency to perform particular tasks. It also employs algorithms that adjust and adapt to human body motions, along with various sensors and electrical connections that control the components. Exo-suits help lift heavy materials, reducing the user's back muscles and spine stress. They also assist the elderly to walk and prevent fall-related injuries. As a result, these systems are extensively used across various healthcare, military, and industrial sectors.