Exoskeleton Market by Type, Technology and End User - Global Industry Analysis and Forecast to 2023

2018-05-30 / 3800.00 / Pharma & Healthcare / 101 Pages

Description

Industry Outlook and Trend Analysis

The Exoskeleton Market was worth USD 98.67 million in the year of 2014 and is expected to reach approximately USD 2859 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 45.36% during the forecast period. The high development is foreseen by virtue of expanding interest for these systems in military, industrial and healthcare applications. A portion of the developing applications incorporate the usage of exoskeletons in heavy assembling parts, for example, transport building and framework projects. The fast development of elderly populace combined with critical increment of the focused on disease conditions is a key factor boosting the rates of usage. As indicated by gauges distributed by United Nations in 2012, worldwide aged populace was almost 809.4 million and is foreseen to come to an expected populace of more than 2.0 billion. Vast populace over 60 years combined with expanding predominance of paralysis and strokes are foreseen to impel the usage rates.



Type Outlook and Trend Analysis

The market is sectioned on the premise of sort of technology: mobile and stationary. The versatile and stationary exoskeletons are additionally sectioned as passive and active systems. In 2015 mobile exoskeletons held a greater part of the market with a share of the overall industry of more than 63 percent. In mobile, active systems accounted for the most extreme offer of 69 percent. Nonetheless, stationary exoskeletons market is anticipated to develop at a lucrative rate, attributable to the expanding predominance of SCIs, which is driving the usage of stationary systems in the rehabilitation facilities. In the stationary class, the portable systems held a prevailing offer of 59.4 percent.

Technology Outlook and Trend Analysis

On the basis of technology drive system, the market is fragmented as electric servo, pneumatic actuator, shape memory alloy actuator, electric actuator, hydraulic, fuel cell, and fully mechanical. Electric actuator held a huge part of the market in 2015, with an offer of more than 32 percent. The existence of substantial number of popularized products with electric actuators is one of the key elements for the high share of the overall industry. Nonetheless, power device market is anticipated to develop with the most elevated CAGR. Key variables adding to its quick development incorporate expanding awareness about the advantages of power devices over electric actuators. In addition, the executions of a few undertakings in North America, which are gone for giving continuous supply of power devices, are anticipated to decidedly fortify the portions development over the figure time frame.

End User Outlook and Trend Analysis

Social insurance represented the larger part income offer of 54.1 percent in 2015, inferable from the popularity from assisted living, rehabilitation, and elderly care benefits over Canada, United States, Germany, Japan and France. However, mechanical section is anticipated to develop as the quickest developing section over the figure time frame. The development in average age of work force combined with developing business related SCIs is anticipated to decidedly fortify the exoskeleton market development over the gauge time frame.

Regional Outlook and Trend Analysis

In 2015, North America represented the most extreme income share of 49.8 percent and is trailed by Europe. The United States is the most critical market and records for larger part offer of the North American market. In the United States offices, for example, National Aeronautics and Space Administration (NASA), the Defense Advanced Research Projects Agency (DARPA), and the National Institute of Health have altogether contributed on the basis of research financing, technology improvement, and commercialization of the devices. Asia Pacific is anticipated to develop as the quickest developing district over the estimate time frame. Japan is one of the main countries with solid mechanical advancement and higher usage of medicinal and service robots for different applications.

Competitive Insights

The leading companies in the market are Cyberdene, ReWalk, Ekso Bionics and Lockheed Martin. These organizations, owing to high R&D investment and intellectual property rights, have accomplished the advantage of being the first movers in this market. Some of the other leading players are Panasonic ActiveLink, Hocoma, Parker Hannifin Corporation and Rex Bionics.

The Exoskeleton Market is segmented as follows-

By Type:


Stationary
Mobile


By Technology:


Electric Servo
Fully Mechanical
Pneumatic Actuator
Electric Actuator
Hydraulic Actuator
Shape Memory Alloy Actuator
Fuel Cell


By End User:


Industrial
Healthcare
Military


By Region


North America



U.S
Canada
Mexico



Europe



Germany
France
UK
Italy
Spain
Rest of Europe



Asia-Pacific



Japan
China
Australia
India
South Korea
Rest of Asia Pacific



Rest of the World



Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others


Some of the key questions answered by the report are:


What was the market size in 2014 and forecast from 2015 to 2023`
What will be the industry market growth from 2015 to 2023`
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast`
What are the major segments leading the market growth and why`
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition`

Table of Content

1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rising prevalence of spinal cord injuries and strokes resulting in disabilities
3.2.1.2. Increasing aged population
3.2.2. Restraints
3.2.3. High costs of the exoskeleton devices restraints the adoption of home use
3.3. Opportunities
4. Exoskeleton Market, By Type
4.1. Introduction
4.2. Exoskeleton Market Assessment and Forecast, By Type, 2014-2023
4.3. Stationary
4.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.4. Mobile
4.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5. Exoskeleton Market, By Technology
5.1. Introduction
5.2. Exoskeleton Market Assessment and Forecast, By Technology, 2014-2023
5.3. Electric Servo
5.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.4. Fully Mechanical
5.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.5. Pneumatic Actuator
5.5.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.6. Electric Actuator
5.6.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.7. Fuel Cell
5.7.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.8. Hydraulic Actuator
5.8.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.9. Shape Memory Alloy Actuator
5.9.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
6. Exoskeleton Market, By End User
6.1. Introduction
6.2. Exoskeleton Market Assessment and Forecast, By Technology, 2014-2023
6.3. Healthcare
6.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
6.4. Industrial
6.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
6.5. Military
6.5.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
7. Exoskeleton Market, By Region
7.1. Introduction
7.2. Exoskeleton Market Assessment and Forecast, By Region, 2014-2023 ($Million)
7.3. North America
7.3.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
7.3.2. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.3.3. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.3.4. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.3.5. U.S.
7.3.5.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.3.5.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.3.5.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.3.6. Canada
7.3.6.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.3.6.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.3.6.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.3.7. Mexico
7.3.7.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.3.7.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.3.7.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.4. Europe
7.4.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
7.4.2. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.4.3. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.4.4. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.4.5. Germany
7.4.5.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.4.5.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.4.5.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.4.6. France
7.4.6.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.4.6.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.4.6.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.4.7. UK
7.4.7.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.4.7.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.4.7.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.4.8. Italy
7.4.8.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.4.8.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.4.8.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.4.9. Spain
7.4.9.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.4.9.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.4.9.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.4.10. Rest of Europe
7.4.10.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.4.10.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.4.10.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.5. Asia-Pacific
7.5.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
7.5.2. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.5.3. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.5.4. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.5.5. Japan
7.5.5.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.5.5.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.5.5.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.5.6. China
7.5.6.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.5.6.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.5.6.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.5.7. Australia
7.5.7.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.5.7.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.5.7.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.5.8. India
7.5.8.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.5.8.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.5.8.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.5.9. South Korea
7.5.9.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.5.9.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.5.9.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.5.10. Rest of Asia-Pacific
7.5.10.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.5.10.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.5.10.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.6. Rest of the World
7.6.1. Market Assessment and Forecast, By Country, 2014-2023 ($Million)
7.6.2. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.6.3. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.6.4. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.6.5. Brazil
7.6.5.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.6.5.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.6.5.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.6.6. Turkey
7.6.6.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.6.6.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.6.6.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.6.7. Saudi Arabia
7.6.7.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.6.7.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.6.7.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.6.8. South Africa
7.6.8.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.6.8.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.6.8.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.6.9. United Arab Emirates
7.6.9.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.6.9.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.6.9.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
7.6.10. Others
7.6.10.1. Market Assessment and Forecast, By Type, 2014-2023 ($Million)
7.6.10.2. Market Assessment and Forecast, By Technology, 2014-2023 ($Million)
7.6.10.3. Market Assessment and Forecast, By End User, 2014-2023 ($Million)
8. Company Profiles
8.1. Lockheed Martin
8.1.1. Business Overview
8.1.2. Product Portfolio
8.1.3. Strategic Developments
8.2. ReWalk
8.2.1. Business Overview
8.2.2. Product Portfolio
8.2.3. Strategic Developments
8.3. Cyberdene
8.3.1. Business Overview
8.3.2. Product Portfolio
8.3.3. Strategic Developments
8.4. Ekso Bionics
8.4.1. Business Overview
8.4.2. Product Portfolio
8.4.3. Strategic Developments


Table of Figures

Table 1.Exoskeleton Market, By Type ($Million), 2014-2023
Table 2.Stationary Market, By Region ($Million), 2014-2023
Table 3.Mobile By Region ($Million), 2014-2023
Table 5.ups and Lids Market, By Technology ($Million), 2014-2023
Table 6.Pneumatic Actuator Market, By Region ($Million), 2014-2023
Table 7.Electric Servo Market, By Region ($Million), 2014-2023
Table 8.Fully Mechanical Market, By Region ($Million), 2014-2023
Table 9. Hydraulic Actuator Market, By Region ($Million), 2014-2023
Table 10.Shape Memory Alloy Actuator Market, By Region ($Million), 2014-2023
Table 11.Electric Actuator Market, By Region ($Million), 2014-2023
Table 12. Fuel Cell Market, By Region ($Million), 2014-2023
Table 13.Other Technology Market, By Region ($Million), 2014-2023
Table 14.Exoskeleton Market, By End User ($Million), 2014-2023
Table 15. Healthcare Market, By Region ($Million), 2014-2023
Table 16. Industrial Market, By Region ($Million), 2014-2023
Table 17. Military Market, By Region ($Million), 2014-2023
Table 18.Other End User Market, By Region ($Million), 2014-2023
Table 19.Exoskeleton Market, By Region ($Million), 2014-2023
Table 20.North America Exoskeleton Market, By Country, 2014-2023 ($Million)
Table 21.North America Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 22.North America Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 23.North America Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 24.U.S. Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 25.U.S. Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 26.U.S. Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 27.Canada Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 28.Canada Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 29.Canada Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 30.Mexico Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 31.Mexico Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 32.Mexico Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 33.Europe Exoskeleton Market, By Country, 2014-2023 ($Million)
Table 34.Europe Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 35.Europe Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 36.Europe Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 37.Germany Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 38.Germany Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 39.Germany Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 40.France Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 41.France Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 42.France Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 43.UK Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 44.UK Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 45.UK Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 46.Italy Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 47.Italy Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 48.Italy Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 49.Spain Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 50.Spain Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 51.Spain Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 52.Rest of Europe Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 53.Rest of Europe Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 54.Rest of Europe Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 55.Asia-Pacific Exoskeleton Market, By Country, 2014-2023 ($Million)
Table 56.Asia-Pacific Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 57.Asia-Pacific Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 58.Asia-Pacific Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 59.Japan Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 60.Japan Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 61.Japan Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 62.China Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 63.China Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 64.China Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 65.Australia Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 66.Australia Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 67.Australia Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 68.India Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 69.India Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 70.India Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 71.South Korea Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 72.South Korea Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 73.South Korea Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 74.Rest of Asia-Pacific Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 75.Rest of Asia-Pacific Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 76.Rest of Asia-Pacific Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 77.Rest of the World Exoskeleton Market, By Country, 2014-2023 ($Million)
Table 78.Rest of the World Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 79.Rest of the World Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 80.Rest of the World Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 81.Brazil Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 82.Brazil Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 83.Brazil Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 84.Turkey Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 85.Turkey Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 86.Turkey Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 87.Saudi Arabia Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 88.Saudi Arabia Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 89.Saudi Arabia Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 90.South Africa Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 91.South Africa Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 92.South Africa Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 93.United Arab Emirates Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 94.United Arab Emirates Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 95.United Arab Emirates Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 96.Others Exoskeleton Market, By Type, 2014-2023 ($Million)
Table 97.Others Exoskeleton Market, By Technology, 2014-2023 ($Million)
Table 98.Others Exoskeleton Market, By End User, 2014-2023 ($Million)
Table 99.ReWalk: Key Strategic Developments, 2015-2017
Table 100.Cyberdene: Key Strategic Developments, 2015-2017
Table 101.Lockheed Martin Key Strategic Developments, 2015-2017
Table 102.Ekso Bionics: Key Strategic Developments, 2015-2017

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