The exoskeletons that are being used in
healthcare are also known as a wearable robot, it is a robotic machine suite
which worn by humans as substitute to the limbs for complementing, and
enhancing the human functions. It also helps in the physical movements being
offered by the increased strength and endurance activities. The healthcare
exoskeletons may further be used in restoring the locomotion and improvement in
the physical activity thereby increasing the standing and walking time for
patients with muscular affected by the impairments. It is further benefited to
patients with paraplegia and paralysis thereby improving in their endurance,
bowel, and bladder control, bone density and reducing the overall chances of
developing the urinary tract infections. Additionally, it also improves
cardiovascular and metabolic functions of the body and also assist in better
circulation, the increased oxygen intake, and improvement in the sitting
posture.
According to study, “North
America Healthcare Exoskeletons Market by Application, Mobility Type,
Product Function, Power Technology, and Country 2018-2023: Growth Opportunity
and Business Strategy” the key companies operating in the North-America
Healthcare exoskeleton market are AlterG, Inc., Honda Motor Co., Ltd., Bionik
Laboratories Corp., Hocoma, Cyberdyne, Inc., Panasonic Corporation
(Activelink), Ekso Bionics, ReWalk Robotics Ltd., Myomo, U.S. Bionics, Inc.
(suitX), Parker Hannifin Corporation, Rex Bionics Plc. The manufacturers are
also focusing on adding upgrading the advanced hardware into the overall design
for enhancing the capability of healthcare exoskeletons as making them smarter
and interactive.
Based on type, North-America Healthcare
exoskeleton market is bifurcated into passive healthcare exoskeleton and
powered healthcare exoskeleton. Based on component type, market is bifurcated
into hardware (power sources, sensors, control system, actuators and other
hardware components) and software. Based on mobility, market is bifurcated into
mobile healthcare exoskeleton and stationary healthcare exoskeleton. Mobile
healthcare segment is expected to witness significantly higher CAGR owing to
high demand for compact, light-weight mobile healthcare exoskeletons offering
mobility assistance to paralyzed patients during the forecast period. Based on
extremity, market is bifurcated into upper extremity healthcare exoskeleton and
lower extremity healthcare exoskeleton. The lower extremity based healthcare
exoskeleton are widely used in the rehabilitation of lower body parts such as
providing mobility and also helping in sustaining the overall body weight
boosting the customer preference. Based on application, market is segmented
into spinal cord injury, cerebral palsy, multiple sclerosis, stroke and others.
In addition, based on end-user, market is segmented into physiotherapy centers,
rehabilitation centers, physiotherapy centers, and others.
The North-America Healthcare exoskeleton
market is driven by growth in elderly population, followed by increase in
stroke rates, rise in demand for self-supporting exoskeleton, increase in
spinal cord injury (SCI) and rise in awareness & favorable government
support. However, the high cost of the healthcare exoskeleton may impact the
market.
It is estimated that future of the North-America
Healthcare exoskeleton market will be bright as a result of presence of
advanced healthcare facilities, high demand for self-assistive healthcare
exoskeletons and increase in incidences of physical disabilities during the
forecast period. It is expected that the market will be reached slightly above
US $ 400 million by 2023 owing to growth in adoption of all types of
exoskeletons in the region.
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