From GlobeNewswire: 2024-11-19 09:05:00

The Global Medical Exoskeleton Market is experiencing significant growth due to advancements in robotics, artificial intelligence, and materials science, with a projected value of US$3,200 million by 2031. The market is driven by a growing geriatric population and high growth potential in developing countries, particularly in Asia Pacific.

Market segmentation includes hardware and software components, powered and passive exoskeleton types, and various applications like spinal cord injury and stroke. The market is divided into regions like North America, Europe, and APAC, with a focus on rehabilitation centers and physiotherapy settings as end users.

Key players in the market include Ekso Bionics Holdings Inc., Lifeward Inc., and Cyberdyne Inc., with trending topics like AI integration in rehabilitation and wearable technology in home care. Global headlines highlight the use of exoskeletons in healthcare, showcasing advancements in technology and applications for paralyzed patients.

The rise of the medical exoskeleton market is attributed to wearable robotic devices aiding individuals with disabilities, driven by factors like the aging population, neurological disorders, and advancements in robotics and AI. Key players are focusing on emerging markets in developing countries to improve patient quality of life through advanced rehabilitation solutions.



Read more at GlobeNewswire: Medical Exoskeleton Market Size to Reach USD 3.2 Billion by