Europe exoskeleton market will exhibit a CAGR of 39.55% for the forecast period of 2022-2029 and is likely to reach the USD 8,529.8 million by 2029.Exoskeleton is a wearable device that works in combination with the person and amplifiers to enhance, repair, and reinforce human performance. Robotics suits, powered armor, exo-frames, power jackets and wearable machines are some of the terms used to describe them. An international Europe Exoskeleton Market report guides to stay up to date on the market as a whole and give a holistic view of the market allowing the benchmarking of all the companies in the industry, not just the ones that are focused. Such third-party report is more unbiased and hence provides a better picture of what’s really happening in the market. Exoskeletons solutions are being widely adopted across industries to support reduce accidents and boost productivity. The rising demand has led to the development of several startups that are expertizing in the exoskeleton technology and providing solutions for rehabilitation.
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Employing Europe Exoskeleton Market report is the best way to stay on the right path because the data and realities of the industry get the focus. This universal market report is comprehensive and opens a door of international market for the products. Businesses get armed with information produced by sound research methods which offers more accurate understanding of the market landscape, issues that will affect the industry in the future, and how to best position specific brands. All of these market insights will lead to actionable ideas and better decision-making.
- On the basis of component, the exoskeleton market is segmented into hardware and software.
- Based on mobility, the exoskeleton market is segmented into stationary and mobile.
- Based on type, the exoskeleton market is segmented into powered and passive.
- The exoskeleton market is also segmented on the basis of end user into healthcare, defence/military, industrial and others
- Based on body part, the exoskeleton market is segmented into lower extremities, upper extremities, and full body.
These are some of the driving forces boosting the adoption of exoskeleton solutions owing to the benefits associated with exoskeleton technology such as augmenting or assisting user’s physical activity or capability, improving users’ health productivity, and reducing fatigue experienced by the industrial workers.However, the growth and development of exoskeleton market is restrained by the limited technological advancements and low per capita income in emerging economies and under-developed countries. Companies in under-developed nations face several challenges in the form of lack of funding and the lack of accessibility to these novel technologies for the patients. For instance, lack of adequate healthcare services in emerging economies has restricted access to rehabilitation therapies for disabled communities. Furthermore, these developing countries heavily depend on medical device imports which make these devices more expensive and restrict access, thereby challenging the development and growth of the market.
Highlight of Table of Content:
- Chapter 1: Market overview
- Chapter 2: Europe Exoskeleton Market Analysis
- Chapter 3: Regional analysis of the Europe Exoskeleton Market
- Chapter 4: Market segmentation based on types and applications
- Chapter 5: Revenue analysis based on types and applications
- Chapter 6: Market share
- Chapter 7: Competitive Landscape
- Chapter 8: Drivers, Restraints, Challenges, and Opportunities
- Chapter 9: Gross Margin and Price Analysis
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Some of the major players operating in the Europe exoskeleton market are Ekso Bionics, Hocoma, ReWalk Robotics, Raytheon Technologies Corporation, PARKER HANNIFIN CORP, OTTOBOCK, Fourier Intelligence, DIH Medical, B-Temia Inc., CYBERDYNE INC., Lockheed Martin Corporation, GoGoA1, Honda Motor Co., Ltd., among others.
Profound Questions Answered in this Report:
- What is the growth rate of various stages in the value chain of the industry?
- Which region has the highest growth rate and size of the emerging market by value in 2022?
- Who are the competitive players inEurope Exoskeleton Market?
- Which region has the largest share and degree of competition in the industry?
- What is the CAGR of the market during the forecast period 2022 to 2029?
- Which region is expected to hold the highest market share for the market?
- What is the main driver of the Europe Exoskeleton Market?
- What is sales volume, revenue, and price analysis of top players of the market?
- What are the market opportunities and threats faced by the vendors in the industry?
- What has been the impact of COVID-19 on the Europe Exoskeleton Market?
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