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Rehabilitation Robot Market Next Big Thing : Major Giants Bionik, Ekso Bionics, Myomo
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Rehabilitation Robot Market Next Big Thing : Major Giants Bionik, Ekso Bionics, Myomo
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“Exoskeleton Market”
[201 Pages] Exoskeleton Market categrizes the Global market by Type (Powered, Passive), Component (Hardware, Software), Mobility, Body Part (Lower Extremities, Upper Extremities, Full Body), Vertical (Healthcare, Defense, Industrial) and Region. COVID-19 Impact on Exoskeleton Industry.
According to a research report
“Exoskeleton Market with COVID-19 Impact by Type (Powered, Passive), Component (Hardware, Software), Mobility, Body Part (Lower Extremities, Upper Extremities, Full Body), Vertical (Healthcare, Defense, Industrial) and Region – Global Forecast to 2026″ published by MarketsandMarkets,the exoskeleton market is valued at USD 499 million in 2021 and is projected to reach USD 3,340 million by 2026; it is expected to grow at a CAGR of 46.2% from 2021 to 2026.
Exoskeleton Market worth $3,340 million by 2026
iCrowd Newswire
According to a research report Exoskeleton Market with COVID-19 Impact by Type (Powered, Passive), Component (Hardware, Software), Mobility, Body Part (Lower Extremities, Upper Extremities, Full Body), Vertical (Healthcare, Defense, Industrial) and Region - Global Forecast to 2026 , published by MarketsandMarkets™, the Exoskeleton Market is valued at USD 499 million in 2021 and is projected to reach USD 3,340 million by 2026; it is expected to grow at a CAGR of 46.2% from 2021 to 2026.
Factors such as the increasing adoption of human augmentation in industrial and military sectors, the introduction of soft actuators, and growing insurance coverage for exoskeletons are likely to provide opportunities for market growth.
Overview
Rehabilitation robot, a mechanically operate medical device, designed to automate the process for rehabilitation or to improve the movements of individuals with physical impaired functioning. It consists of a wide range of portable and stationary electromechanical assisted training robots to improvise the lost body function of patients. In the United States, stroke affects more than 795,000 people per year, as per Centres for Disease Control and Prevention (CDC) facts & statistics. This, in turn, the growth in the adoption of a rehabilitation robot across the country.
This research is categorized differently considering the various aspects of this market. It also evaluates the upcoming situation by considering project pipelines of company, long term agreements to derive growth estimates. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Global Rehabilitation Robot Market research report include SWOT analysis.
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