The Exoskeleton Market size was valued at USD 333.5 million in 2022 and is expected to grow to USD 1155.15 million by 2030 and grow at a CAGR of 16.8% over the forecast period of 2023-2030.
An exoskeleton is a mechanical apparatus worn by a person for particular uses. In general, an exoskeleton is viewed as a rigid mechanical frame with joints that let human operator movement. Other exoskeleton kinds, supported by the internal skeleton of the human person, are softer and worn on the body. In this manner, the body can receive the forces generated by the associated actuators. According to their kind, frames in this class can either be anthropomorphic or pseudo-anthropomorphic, depending on how much they resemble the human body. Exoskeletons can also be divided into motorized and passive types. Any form of actuator can be used in a motorized frame, including hydraulic, electric, pneumatic, and others.
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A passive exoskeleton, on the other hand, lacks any kind of motor and functions to support individuals mechanically whether they are sitting or standing for extended periods of time, or to facilitate movement by storing energy in a spring. Although passive exoskeletons don't directly boost human capacities, they can be claimed to assist humans in physically demanding activities. Powered exoskeletons, however, can be either augmenting or helpful. Due to their independence, people with disabilities can walk with the aid of assistive frames. The purpose of assistive exoskeletons is to lessen the physical strain of a certain task, they can supply a portion of the energy required to walk, requiring the user to exert walking takes less effort. This is similar to the idea behind electric bicycles, which assist the user on inclines so they can peddle with the same force as on flat ground. When it comes to exoskeletons that increase power, its purpose is mainly focused on boosting the user's strength so they can, for instance, effortlessly carry big objects. By walking for longer lengths of time or working with heavy objects for longer amounts of time, they can also aid to increase physical stamina, motorized exoskeletons might be totally autonomous or coupled to a control computer and a hydraulic system.
KEY DRIVERS:
The growing population of aging individuals across the globe
Increasing cases of muscle-related diseases
Technological advancements in sensor technologies
Due to the increased demand, various startups have emerged that specialize in exoskeleton technology and offer solutions for rehabilitation. Additionally, the rapidly expanding exoskeleton market is pressuring market participants to create or establish creative development activities in order to increase adoption over the future years. ShieldX, for instance, was introduced by suitX in 2021. Health professionals who frequently experience neck and back pain and who wear bulky anti-radiation aprons can make use of this exoskeleton.
RESTRAIN:
High Equipment cost
OPPORTUNITY:
Rising demand for exoskeleton in military and defense
Invention in AI based devices
Exoskeletons made of AI are employed in a variety of settings, including hospitals, factories, workplaces, and even the military. The adoption of exosuits aids in boosting productivity as well as raising proficiency and supporting further market expansion.
CHALLENGES:
Advancement in robotic technology
Growing demand for preventive devices to reduce worker tiredness and injury is a key driver fueling the expansion of this market. Exoskeletons are employed in the healthcare sector to help with duties including lifting patients into and out of beds, carrying heavy medical equipment, and transferring patients from one person to another. Injuries like back discomfort, shoulder strain, and other musculoskeletal conditions can also be avoided with exoskeletons. The development of cutting-edge technology and distribution through devices, together with significant investments in both, are key factors in this segment's increasing revenue.
These exoskeletons have not yet been spotted on a battlefield. The Russian military will most certainly incorporate exoskeleton technology in their military communications campaign as the battle goes on, though. Exoskeletons are futuristic in nature and have been depicted in science fiction; regardless of their utility, troops would find them appealing. Exoskeleton use would therefore boost Russian soldiers' morale, which is important considering the low morale that permeates the Russian ranks right now. These exoskeletons could improve Russia's reputation as a top-tier defense technology development on a more strategic level technology.
IMPACT OF ONGOING RECESSION
At least temporarily, the Russia-Ukraine war hampered the possibilities of a global economic recovery from the COVID-19 epidemic. The war between these two countries has resulted in economic sanctions on a number of countries, an increase in commodity prices, and disruptions in the supply chain, which have increased the cost of goods and services and had an effect on many global markets. At a CAGR of 13.5%, the military exoskeleton market is anticipated to reach $1.61 billion in 2027.Exoskeletons used by the military are computer-controlled apparatuses that boost a soldier's mobility, physical endurance, and capacity for hauling loads while reducing joint stress. By increasing their strength, stamina, safety, and mobility on the battlefield, it is employed to increase a soldier's ergonomics.
By Type
Powered
Passive
By Component
Hardware
Sensors
Gyroscopes
Microphones
Accelerometers
Tilt Sensors
ForcelTorque Sensors
Position Sensors
Others
Electric
Pneumatic
Hydraulic
Piezoelectric
Power Sources
Control Systems/Controllers
Others
Software
By Body Part
Lower Extremities
Upper Extremities
Full Body
By Mobility
Stationary
Mobile
By Structure
Rigid Exoskeletons
Soft Exoskeletons
By Vertical
Healthcare
Defense
Industrial
Others
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The North American exoskeleton market generated the most money in 2022. Significant investments in research activities, an increase in partnerships and collaborations among important players, and an increase in the prevalence of disabled people are the main drivers of this market's revenue growth. Other significant drivers of the market revenue growth include advancing technology, greater use of human augmentation in the industrial and military sectors, and rising demand for robotic rehabilitation in the healthcare industry. Due to the advent of soft actuators and the swift uptake of Al-enabled products in the US, the market there accounted for the biggest revenue share.
In 2022, the Asia Pacific exoskeleton market had the second-largest revenue share. One of the main factors propelling the market revenue growth in this area is the rising demand for exoskeleton suits for carrying ammunition in the defense industry. For instance, China unveiled a powered exoskeleton suit for military use that can be used for carrying ammunition after a previous type of non-powered exoskeleton suit entered service with People's Liberation Army (PLA) border defense troops in late 2020 for missions like supply delivery, patrol, and sentry duty.
In terms of revenue share, Europe's exoskeleton market ranked third in 2022. The healthcare industry's significant investments have a significant impact on the market's revenue growth. Another important element driving the expansion of the market in this region is the growing awareness of the use of smart exoskeletons. Exoskeletons with intelligence help the elderly and others with disabilities avoid accidents.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The Exoskeleton Companies is dominated by a few globally established players such as CYBERDYNE INC. (Japan), Lockheed Martin Corporation (US), Otto bock (Germany), Ekso Bionics (US), DIH Medical (China), Sarcos Technology and Robotics Corporation (US), BIONIK (US), and B-Temia (Canada)and other players are listed in a final report.
Lockheed Martin Corporation (US)-Company Financial Analysis
Parker Hannifin Corporation's Human Motion and Control business segment was acquired by Ekso Bionics in December 2022. The items from the Indego lower limb exoskeleton range as well as the upcoming creation of robotically assisted orthotic and prosthetic devices are included in the acquisition. This complementary purchase increases Ekso's innovation pipeline, broadens its product offering across the continuum of care to home and community usage markets, and adds strategic partnerships with important business and research partners, including Vanderbilt University.
The release of Ottobock Shoulder, a new generation exoskeleton, was announced by Ottobock in April 2022. It offers assistance during demanding over-the-shoulder tasks in handicraft, production, maintenance, and logistics. The Paexo Shoulder has been improved upon in the latest exoskeleton. Ottobock announced the acquisition of 100% of the shares in November 2021.
Ottobock announced in November 2021 that it had acquired all of the shares of suitX. Ottobock and suitX pooled their knowledge and offerings to revolutionize the exoskeleton business and promote their use across the globe.
| Report Attributes | Details |
| Market Size in 2022 | US$ 0.71 Bn |
| Market Size by 2030 | US$ 9.72 Bn |
| CAGR | CAGR of 38.7 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Powered, Passive) • By Component (Hardware, Software) • By Body Part (Lower Extremities, Upper Extremities, Full Body) • By Mobility (Stationary, Mobile) • By Structure (Rigid Exoskeletons, Soft Exoskeletons) • By Vertical (Healthcare, Defense, Industrial, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | CYBERDYNE INC. (Japan), Lockheed Martin Corporation (US), Otto bock (Germany), Ekso Bionics (US), DIH Medical (China), Sarcos Technology and Robotics Corporation (US), BIONIK (US), and B-Temia (Canada) |
| Key Drivers | • The growing population of aging individuals across the globe • Increasing cases of muscle-related diseases • Technological advancements in sensor technologies |
| Market Restraints | • High Equipment cost |
Ans: Exoskeleton Market is anticipated to expand by 16.8% from 2023 to 2030.
Ans: USD 1155.15 million is expected to grow by 2030.
Ans: Exoskeleton Market size was valued at USD 333.5 million in 2022
Ans: The growing population of aging individuals across the globe, Increasing cases of muscle-related diseases and Technological advancements in sensor technologies
Ans: Rising demand for exoskeleton in military and defence and Invention in AI based devices
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine war
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Exoskeleton Market Segmentation, By Type
8.1 Powered
8.2 Passive
9. Exoskeleton Market Segmentation, By Component
9.1 Hardware
9.1.1 Sensors
9.1.1.1 Gyroscopes
9.1.1.2 Microphones
9.1.1.3 Accelerometers
9.1.1.4 Tilt Sensors
9.1.1.5 ForcelTorque Sensors
9.1.1.6 Position Sensors
9.1.1.7 Others
9.1.2 Actuators
9.1.2.1 Electric
9.1.2.2 Pneumatic
9.1.2.3 Hydraulic
9.1.2.4 Piezoelectric
9.1.3 Power Sources
9.1.4 Control Systems/Controllers
9.1.5 Others
9.2 Software
10. Exoskeleton Market Segmentation, By Body Part
10.1 Lower Extremities
10.2 Upper Extremities
10.3 Full Body
11. Exoskeleton Market Segmentation, By Mobility
11.1 Stationary
11.2 Mobile
12. Exoskeleton Market Segmentation, By Structure
12.1 Rigid Exoskeletons
12.2 Soft Exoskeletons
13. Exoskeleton Market Segmentation, By Vertical
13.1 Healthcare
13.2 Defense
13.3 Industrial
13.4 Others
14. Regional Analysis
14.1 Introduction
14.2 North America
14.2.1 North America Exoskeleton Market by Country
14.2.2 North America Exoskeleton Market by Type
14.2.3 North America Exoskeleton Market by Component
14.2.4 North America Exoskeleton Market by Body Part
14.2.5 North America Exoskeleton Market by Mobility
14.2.6 North America Exoskeleton Market by Structure
14.2.7 North America Exoskeleton Market by Vertical
14.2.8 USA
14.2.8.1 USA Exoskeleton Market by Type
14.2.8.2 USA Exoskeleton Market by Component
14.2.8.3 USA Exoskeleton Market by Body Part
14.2.8.4 USA Exoskeleton Market by Mobility
14.2.8.5 USA Exoskeleton Market by Structure
14.2.8.6 USA Exoskeleton Market by Vertical
14.2.9 Canada
14.2.9.1 Canada Exoskeleton Market by Type
14.2.9.2 Canada Exoskeleton Market by Component
14.2.9.3 Canada Exoskeleton Market by Body Part
14.2.9.4 Canada Exoskeleton Market by Mobility
14.2.9.5 Canada Exoskeleton Market by Structure
14.2.9.6 Canada Exoskeleton Market by Vertical
14.2.10 Mexico
14.2.10.1 Mexico Exoskeleton Market by Type
14.2.10.2 Mexico Exoskeleton Market by Component
14.2.10.3 Mexico Exoskeleton Market by Body Part
14.2.10.4 Mexico Exoskeleton Market by Mobility
14.2.10.5 Mexico Exoskeleton Market by Structure
14.2.10.6 Mexico Exoskeleton Market by Vertical
14.3 Europe
14.3.1 Eastern Europe
14.3.1.1 Eastern Europe Exoskeleton Market by Country
14.3.1.2 Eastern Europe Exoskeleton Market by Type
14.3.1.3 Eastern Europe Exoskeleton Market by Component
14.3.1.4 Eastern Europe Exoskeleton Market by Body Part
14.3.1.5 Eastern Europe Exoskeleton Market by Mobility
14.3.1.6 Eastern Europe Exoskeleton Market by Structure
14.3.1.7 Eastern Europe Exoskeleton Market by Vertical
13.3.1.8 Poland
14.3.1.8.1 Poland Exoskeleton Market by Type
14.3.1.8.2 Poland Exoskeleton Market by Component
14.3.1.8.3 Poland Exoskeleton Market by Body Part
14.3.1.8.4 Poland Exoskeleton Market by Mobility
14.3.1.8.5 Poland Exoskeleton Market by Structure
14.3.1.8.6 Poland Exoskeleton Market by Vertical
14.3.1.9 Romania
14.3.1.9.1 Romania Exoskeleton Market by Type
14.3.1.9.2 Romania Exoskeleton Market by Component
14.3.1.9.3 Romania Exoskeleton Market by Body Part
14.3.1.9.4 Romania Exoskeleton Market by Mobility
14.3.1.9.5 Romania Exoskeleton Market by Structure
14.3.1.9.6 Romania Exoskeleton Market by Vertical
14.3.1.10 Hungary
14.3.1.10.1 Hungary Exoskeleton Market by Type
14.3.1.10.2 Hungary Exoskeleton Market by Component
14.3.1.10.3 Hungary Exoskeleton Market by Body Part
14.3.1.10.4 Hungary Exoskeleton Market by Mobility
14.3.1.10.5 Hungary Exoskeleton Market by Structure
14.3.1.10.6 Hungary Exoskeleton Market by Vertical
14.3.1.11 Turkey
14.3.1.11.1 Turkey Exoskeleton Market by Type
14.3.1.11.2 Turkey Exoskeleton Market by Component
14.3.1.11.3 Turkey Exoskeleton Market by Body Part
14.3.1.11.4 Turkey Exoskeleton Market by Mobility
14.3.1.11.5 Turkey Exoskeleton Market by Structure
14.3.1.11.6 Turkey Exoskeleton Market by Vertical
14.3.1.12 Rest of Eastern Europe
14.3.1.12.1 Rest of Eastern Europe Exoskeleton Market by Type
14.3.1.12.2 Rest of Eastern Europe Exoskeleton Market by Component
14.3.1.12.3 Rest of Eastern Europe Exoskeleton Market by Body Part
14.3.1.12.4 Rest of Eastern Europe Exoskeleton Market by Mobility
14.3.1.12.5 Rest of Eastern Europe Exoskeleton Market by Structure
14.3.1.12.6 Rest of Eastern Europe Exoskeleton Market by Vertical
14.3.2 Western Europe
14.3.2.1 Western Europe Exoskeleton Market by Country
14.3.2.2 Western Europe Exoskeleton Market by Type
14.3.2.3 Western Europe Exoskeleton Market by Component
14.3.2.4 Western Europe Exoskeleton Market by Body Part
14.3.2.5 Western Europe Exoskeleton Market by Mobility
14.3.2.6 Western Europe Exoskeleton Market by Structure
14.3.2.7 Western Europe Exoskeleton Market by Vertical
14.3.2.8 Germany
14.3.2.8.1 Germany Exoskeleton Market by Type
14.3.2.8.2 Germany Exoskeleton Market by Component
14.3.2.8.3 Germany Exoskeleton Market by Body Part
14.3.2.8.4 Germany Exoskeleton Market by Mobility
14.3.2.8.5 Germany Exoskeleton Market by Structure
14.3.2.8.6 Germany Exoskeleton Market by Vertical
14.3.2.9 France
14.3.2.9.1 France Exoskeleton Market by Type
14.3.2.9.2 France Exoskeleton Market by Component
14.3.2.9.3 France Exoskeleton Market by Body Part
14.3.2.9.4 France Exoskeleton Market by Mobility
14.3.2.9.5 France Exoskeleton Market by Structure
14.3.2.9.6 France Exoskeleton Market by Vertical
14.3.2.10 UK
14.3.2.10.1 UK Exoskeleton Market by Type
14.3.2.10.2 UK Exoskeleton Market by Component
14.3.2.10.3 UK Exoskeleton Market by Body Part
14.3.2.10.4 UK Exoskeleton Market by Mobility
14.3.2.10.5 UK Exoskeleton Market by Structure
14.3.2.10.6 UK Exoskeleton Market by Vertical
14.3.2.11 Italy
14.3.2.11.1 Italy Exoskeleton Market by Type
14.3.2.11.2 Italy Exoskeleton Market by Component
14.3.2.11.3 Italy Exoskeleton Market by Body Part
14.3.2.11.4 Italy Exoskeleton Market by Mobility
14.3.2.11.5 Italy Exoskeleton Market by Structure
14.3.2.11.6 Italy Exoskeleton Market by Vertical
14.3.2.12 Spain
14.3.2.12.1 Spain Exoskeleton Market by Type
14.3.2.12.2 Spain Exoskeleton Market by Component
14.3.2.12.3 Spain Exoskeleton Market by Body Part
14.3.2.12.4 Spain Exoskeleton Market by Mobility
14.3.2.12.5 Spain Exoskeleton Market by Structure
14.3.2.12.6 Spain Exoskeleton Market by Vertical
14.3.2.13 The Netherlands
14.3.2.13.1 Netherlands Exoskeleton Market by Type
14.3.2.13.2 Netherlands Exoskeleton Market by Component
14.3.2.13.3 Netherlands Exoskeleton Market by Body Part
14.3.2.13.4 Netherlands Exoskeleton Market by Mobility
14.3.2.13.5 Netherlands Exoskeleton Market by Structure
14.3.2.13.6 Netherlands Exoskeleton Market by Vertical
14.3.2.14 Switzerland
14.3.2.14.1 Switzerland Exoskeleton Market by Type
14.3.2.14.2 Switzerland Exoskeleton Market by Component
14.3.2.14.3 Switzerland Exoskeleton Market by Body Part
14.3.2.14.4 Switzerland Exoskeleton Market by Mobility
14.3.2.14.5 Switzerland Exoskeleton Market by Structure
14.3.2.14.6 Switzerland Exoskeleton Market by Vertical
14.3.2.15 Austria
14.3.2.15.1 Austria Exoskeleton Market by Type
14.3.2.15.2 Austria Exoskeleton Market by Component
14.3.2.15.3 Austria Exoskeleton Market by Body Part
14.3.2.15.4 Austria Exoskeleton Market by Mobility
14.3.2.15.5 Austria Exoskeleton Market by Structure
14.3.2.15.6 Austria Exoskeleton Market by Vertical
14.3.2.16 Rest of Western Europe
14.3.2.16.1 Rest of Western Europe Exoskeleton Market by Type
14.3.2.16.2 Rest of Western Europe Exoskeleton Market by Component
14.3.2.16.3 Rest of Western Europe Exoskeleton Market by Body Part
14.3.2.16.4 Rest of Western Europe Exoskeleton Market by Mobility
14.3.2.16.5 Rest of Western Europe Exoskeleton Market by Structure
14.3.2.16.5 Rest of Western Europe Exoskeleton Market by Vertical
14.4 Asia-Pacific
14.4.1 Asia Pacific Exoskeleton Market by Country
14.4.2 Asia Pacific Exoskeleton Market by Type
14.4.3 Asia Pacific Exoskeleton Market by Component
14.4.4 Asia Pacific Exoskeleton Market by Body Part
14.4.5 Asia Pacific Exoskeleton Market by Mobility
14.4.6 Asia Pacific Exoskeleton Market by Structure
14.4.7 Asia Pacific Exoskeleton Market by Vertical
14.4.8 China
14.4.8.1 China Exoskeleton Market by Type
14.4.8.2 China Exoskeleton Market by Component
14.4.8.3 China Exoskeleton Market by Body Part
14.4.8.4 China Exoskeleton Market by Mobility
14.4.8.5 China Exoskeleton Market by Structure
14.4.8.6 China Exoskeleton Market by Vertical
14.4.9 India
14.4.9.1 India Exoskeleton Market by Type
14.4.9.2 India Exoskeleton Market by Component
14.4.9.3 India Exoskeleton Market by Body Part
14.4.9.4 India Exoskeleton Market by Mobility
14.4.9.5 India Exoskeleton Market by Structure
14.4.9.6 India Exoskeleton Market by Vertical
14.4.10 Japan
14.4.10.1 Japan Exoskeleton Market by Type
14.4.10.2 Japan Exoskeleton Market by Component
14.4.10.3 Japan Exoskeleton Market by Body Part
14.4.10.4 Japan Exoskeleton Market by Mobility
14.4.10.5 Japan Exoskeleton Market by Structure
14.4.10.6 Japan Exoskeleton Market by Vertical
14.4.11 South Korea
14.4.11.1 South Korea Exoskeleton Market by Type
14.4.11.2 South Korea Exoskeleton Market by Component
14.4.11.3 South Korea Exoskeleton Market by Body Part
14.4.11.4 South Korea Exoskeleton Market by Mobility
14.4.11.5 South Korea Exoskeleton Market by Structure
14.4.11.6 South Korea Digital Experience Platform by Vertical
14.4.12 Vietnam
14.4.12.1 Vietnam Exoskeleton Market by Type
14.4.12.2 Vietnam Exoskeleton Market by Component
14.4.12.3 Vietnam Exoskeleton Market by Body Part
14.4.12.4 Vietnam Exoskeleton Market by Mobility
14.4.12.5 Vietnam Exoskeleton Market by Structure
14.4.12.6 Vietnam Exoskeleton Market by Vertical
14.4.13 Singapore
14.4.13.1 Singapore Exoskeleton Market by Type
14.4.13.2 Singapore Exoskeleton Market by Component
14.4.13.3 Singapore Exoskeleton Market by Body Part
14.4.13.4 Singapore Exoskeleton Market by Mobility
14.4.13.5 Singapore Exoskeleton Market by Structure
14.4.13.6 Singapore Exoskeleton Market by Vertical
14.4.14 Australia
14.4.14.1 Australia Exoskeleton Market by Type
14.4.14.2 Australia Exoskeleton Market by Component
14.4.14.3 Australia Exoskeleton Market by Body Part
14.4.14.4 Australia Exoskeleton Market by Mobility
14.4.14.5 Australia Exoskeleton Market by Structure
14.4.14.6 Australia Exoskeleton Market by Vertical
14.4.15 Rest of Asia-Pacific
14.4.15.1 APAC Exoskeleton Market by Type
14.4.15.2 APAC Exoskeleton Market by Component
14.4.15.3 APAC Exoskeleton Market by Body Part
14.4.15.4 APAC Exoskeleton Market by Mobility
14.4.15.5 APAC Exoskeleton Market by Structure
14.4.15.6 APAC Exoskeleton Market by Vertical
14.5 The Middle East & Africa
14.5.1 Middle East
14.5.1.1 Middle East Exoskeleton Market by country
14.5.1.2 Middle East Exoskeleton Market by Type
14.5.1.3 Middle East Exoskeleton Market by Component
14.5.1.4 Middle East Exoskeleton Market by Body Part
14.5.1.5 Middle East Exoskeleton Market by Mobility
14.5.1.6 Middle East Exoskeleton Market by Structure
14.5.1.7 Middle East Exoskeleton Market by Vertical
14.5.1.8 UAE
14.5.1.8.1 UAE Exoskeleton Market by Type
14.5.1.8.2 UAE Exoskeleton Market by Component
14.5.1.8.3 UAE Exoskeleton Market by Body Part
14.5.1.8.4 UAE Exoskeleton Market by Mobility
14.5.1.8.5 UAE Exoskeleton Market by Structure
14.5.1.8.6 UAE Exoskeleton Market by Vertical
14.5.1.9 Egypt
14.5.1.9.1 Egypt Exoskeleton Market by Type
14.5.1.9.2 Egypt Exoskeleton Market by Component
14.5.1.9.3 Egypt Exoskeleton Market by Body Part
14.5.1.9.4 Egypt Exoskeleton Market by Mobility
14.5.1.9.5 Egypt Exoskeleton Market by Structure
14.5.1.9.6 Egypt Exoskeleton Market by Vertical
14.5.1.10 Saudi Arabia
14.5.1.10.1 Saudi Arabia Exoskeleton Market by Type
14.5.1.10.2 Saudi Arabia Exoskeleton Market by Component
14.5.1.10.3 Saudi Arabia Exoskeleton Market by Body Part
14.5.10.4 Saudi Arabia Exoskeleton Market by Mobility
14.5.10.5 Saudi Arabia Exoskeleton Market by Structure
14.5.10.6 Saudi Arabia Exoskeleton Market by Vertical
14.5.1.11 Qatar
14.5.1.11.1 Qatar Exoskeleton Market by Type
14.5.1.11.2 Qatar Exoskeleton Market by Component
14.5.1.11.3 Qatar Exoskeleton Market by Body Part
14.5.1.11.4 Qatar Exoskeleton Market by Mobility
14.5.1.11.5 Qatar Exoskeleton Market by Structure
14.5.1.11.6 Qatar Exoskeleton Market by Vertical
14.5.1.12 Rest of Middle East
14.5.1.12.1 Rest of Middle East Exoskeleton Market by Type
14.5.1.12.2 Rest of Middle East Exoskeleton Market by Component
14.5.1.12.3 Rest of Middle East Exoskeleton Market by Body Part
14.5.1.12.4 Rest of Middle East Exoskeleton Market by Mobility
14.5.1.12.5 Rest of Middle East Exoskeleton Market by Structure
14.5.1.12.6 Rest of Middle East Exoskeleton Market by Vertical
14.5.2 Africa
14.5.2.1 Africa Exoskeleton Market by Country
14.5.2.2 Africa Exoskeleton Market by Type
14.5.2.3 Africa Exoskeleton Market by Component
14.5.2.4 Africa Exoskeleton Market by Body Part
14.5.2.5 Africa Exoskeleton Market by Mobility
14.5.2.6 Africa Exoskeleton Market by Structure
14.5.2.7 Africa Exoskeleton Market by Vertical
14.5.2.8 Nigeria
14.5.2.8.1 Nigeria Exoskeleton Market by Type
14.5.2.8.2 Nigeria Exoskeleton Market by Component
14.5.2.8.3 Nigeria Exoskeleton Market by Body Part
14.5.2.8.4 Nigeria Exoskeleton Market by Mobility
14.5.2.8.5 Nigeria Exoskeleton Market by Structure
14.5.2.8.6 Nigeria Exoskeleton Market by Vertical
14.5.2.9 South Africa
14.5.2.9.1 South Africa Exoskeleton Market by Type
14.5.2.9.2 South Africa Exoskeleton Market by Component
14.5.2.9.3 South Africa Exoskeleton Market by Body Part
14.5.2.9.4 South Africa Exoskeleton Market by Mobility
14.5.2.9.5 South Africa Exoskeleton Market by Structure
14.5.2.9.6 South Africa Exoskeleton Market by Vertical
14.5.2.10 Rest of Africa
14.5.2.10.1 Rest of Africa Exoskeleton Market by Type
14.5.2.10.2 Rest of Africa Exoskeleton Market by Component
14.5.2.10.3 Rest of Africa Exoskeleton Market by Body Part
14.5.2.10.4 Rest of Africa Exoskeleton Market by Mobility
14.5.2.10.5 Rest of Africa Exoskeleton Market by Structure
14.5.2.10.6 Rest of Africa Exoskeleton Market by Vertical
14.6 Latin America
14.6.1 Latin America Exoskeleton Market by Country
14.6.2 Latin America Exoskeleton Market by Type
14.6.3 Latin America Exoskeleton Market by Component
14.6.4 Latin America Exoskeleton Market by Body Part
14.6.5 Latin America Exoskeleton Market by Mobility
14.6.6 Latin America Exoskeleton Market by Structure
14.6.7 Latin America Exoskeleton Market by Vertical
14.6.8 Brazil
14.6.8.1 Brazil Exoskeleton Market by Type
14.6.8.2 Brazil Africa Exoskeleton Market by Component
14.6.8.3Brazil Exoskeleton Market by Body Part
14.6.8.4 Brazil Exoskeleton Market by Mobility
14.6.8.5 Brazil Exoskeleton Market by Structure
14.6.8.5 Brazil Exoskeleton Market by Vertical
14.6.9 Argentina
14.6.9.1 Argentina Exoskeleton Market by Type
14.6.9.2 Argentina Exoskeleton Market by Component
14.6.9.3 Argentina Exoskeleton Market by Body Part
14.6.9.4 Argentina Exoskeleton Market by Mobility
14.6.9.5 Argentina Exoskeleton Market by Structure
14.6.9.6 Argentina Exoskeleton Market by Vertical
14.6.10 Colombia
14.6.10.1 Colombia Exoskeleton Market by Type
14.6.10.2 Colombia Exoskeleton Market by Component
14.6.10.3 Colombia Exoskeleton Market by Body Part
14.6.10.4 Colombia Exoskeleton Market by Mobility
14.6.10.5 Colombia Exoskeleton Market by Structure
14.6.10.6 Colombia Exoskeleton Market by Vertical
14.6.11 Rest of Latin America
14.6.11.1 Rest of Latin America Exoskeleton Market by Type
14.6.11.2 Rest of Latin America Exoskeleton Market by Component
14.6.11.3 Rest of Latin America Exoskeleton Market by Body Part
14.6.11.4 Rest of Latin America Exoskeleton Market by Mobility
14.6.11.5 Rest of Latin America Exoskeleton Market by Structure
14.6.11.6 Rest of Latin America Exoskeleton Market by Vertical
15 Company Profile
15.1 CYBERDYNE INC. (Japan)
15.1.1 Company Overview
15.1.2 Financials
15.1.3 Product/Services Offered
15.1.4 SWOT Analysis
15.1.5 The SNS View
15.2 Lockheed Martin Corporation (US)
15.2.1 Company Overview
15.2.2 Financials
15.2.3 Product/Services Offered
15.2.4 SWOT Analysis
15.2.5 The SNS View
15.3 Otto bock (Germany)
15.3.1 Company Overview
15.3.2 Financials
15.3.3 Product/Services Offered
15.3.4 SWOT Analysis
15.3.5 The SNS View
15.4 Ekso Bionics (US)
15.4.1 Company Overview
15.4.2 Financials
15.4.3 Product/Services Offered
15.4.4 SWOT Analysis
15.4.5 The SNS View
15.5 DIH Medical (China)
15.5.1 Company Overview
15.5.2 Financials
15.5.3 Product/Services Offered
15.5.4 SWOT Analysis
15.5.5 The SNS View
15.6 Sarcos Technology and Robotics Corporation (US)
15.6.1 Company Overview
15.6.2 Financials
15.6.3 Product/Services Offered
15.6.4 SWOT Analysis
15.6.5 The SNS View
15.7 BIONIK (US)
15.7.1 Company Overview
15.7.2 Financials
15.7.3 Product/Services Offered
15.7.4 SWOT Analysis
15.7.5 The SNS View
15.8 B-Temia (Canada)
15.8.1 Company Overview
15.8.2 Financials
15.8.3 Product/Services Offered
15.8.4 SWOT Analysis
15.8.5 The SNS View
16. Competitive Landscape
16.1 Competitive Bench marking
16.2 Market Share Analysis
16.3 Recent Developments
16.3.1 Industry News
16.3.2 Company News
16.3.3 Mergers & Acquisitions
17. USE Cases and Best Practices
18. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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