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.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022E

Forecast Period

2023F – 2027F

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Component

·         Type

·         Body Type

·         Product Type

Region Scope

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]

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on United States Smart Exoskeleton Market

4.    Executive Summary

5.    Voice of Customers

6.    United States Smart Exoskeleton Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Component (Sensors, Actuators, Power Source, Control System, Others)

6.2.2.     By Type (Soft Exoskeleton v/s Rigid Exoskeleton)

6.2.3.     By Product Type (Active v/s Passive)

6.2.4.     By Body Part (Upper body, Lower body, Full body)

6.2.5.     By Application (Healthcare, Military, Industrial, Others)

6.2.6.     By Region

6.2.7.     By Company (2021)

6.3.  Product Market Map

7.    United States Active Exoskeleton Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Component

7.2.2.     By Type

7.2.3.     By Body Part

7.2.4.     By Application

8.    United States Passive Exoskeleton Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Component

8.2.2.     By Type

8.2.3.     By Body Part

8.2.4.     By Application

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  Import-Export Analysis

13.  United States Economic Profile

14.  Competitive Landscape

14.1.              Competition Outlook

14.2.              Company Profiles

14.2.1.  Ekso Bionics Holdings Inc.

14.2.2.  ReWalk Robotics, Inc.

14.2.3.  Sarcos Corp.

14.2.4.  U.S. Bionics, Inc.

14.2.5.  Otto Bock USA

14.2.6.  Lockheed Martin Corporation

14.2.7.  Raytheon Company

14.2.8.  Parker Hannifin Corporation

14.2.9.  American Honda Motor Company, Inc.

14.2.10.                Myomo, Inc.

 15. Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]