Exoskeletons are the
wearable devices used to increase the physical fitness of the wearer. It can be
powered with actuators, electric motors, pneumatics, hydraulics, sensors,
levers or a combination of technologies or it can be totally passive. Exoskeleton
robots are an exclusive form of specialized service robots. These robots are deployed
in a wide range of applications, proposed to mimic, enhanced or augment the
body’s own movements. These robots combine human intelligence & machine
power to maintain human joints. They support the mobility to the people which
are suffering from diseases like parkinson’s disease, multiple sclerosis, stroke
and cerebral palsy. Exoskeletons robotics are also be used to access competence
of movement & improve efficiency.
According to
study, “Global Robotic Exoskeletons
Market 2016-2023 by Industrial Vertical, Mobility Type, Product Function, Power
Technology and Region”
some of the major companies that are currently working in the global robotic
exoskeletons market are AlterG, Inc., Cyberdyne, Inc., Bionik Laboratories Corp., Ekso
Bionics Holdings, Daewoo Shipbuilding & Marine Engineering Co. Ltd, Honda
Motor Co. Ltd., Hocoma AG (A Subsidiary of DIH Technologies), China North
Industries Group Corp., Berkeley Robotics Laboratory Exoskeletons, Exoatlet, Panasonic
Corporation (Activelink), B-Temia, Lockheed Martin Corporation, Wearable
Robotics, HEXORR: Hand EXOskeleton Rehabilitation Robot, Myomo, Noonee
Exoskeletons Chairless Chair, Sarcos, Brain-Machine Interface (BMI) Based
Robotic Exoskeleton, RB3D, Reha-Stim Harness, DARPA Funded Exoskeleton, Parker
Hannifin Corporation, Rex Bionics Plc., US Bionics suitX, Gogoa Mobility
Robots, ReWalk Robotics Ltd., U.S. Bionics, Inc. (suitX), Sarcos Corporation.
Based on the
mobility type, global robotic exoskeletons market is segmented into stationary
exoskeletons, mobile exoskeletons and tethered exoskeletons etc. Based on
product function, market is segmented into full body exoskeletons, vertical
body exoskeletons, lower body exoskeletons and upper body exoskeletons etc.
Based on power technology, market is segmented into stationary exoskeleton and
mobile exoskeleton. Stationary & mobile exoskeletons technologies are
defined as the passive exoskeletons and active exoskeletons. Based on drive
system technology, market is segmented into pneumatic actuator, shape memory
alloy actuator, electric actuator, electric servo, fuel cell, fully mechanical,
hydraulic actuator and others. Based on application, market is classified into
mobility aid, manufacture, logistics, rehabilitation, construction and other
applications. Additionally, based on industrial vertical, market is categorized
into military or defense sector, civilian sector, healthcare sector and
industrial sector. Industrial robots helping with the walking, lifting and
sitting.
The global robotic
exoskeleton is driven by huge investment for advanced exoskeleton technology,
followed by increasing advancement in robotic technologies, and increased
penetration of neurological diseases and growing demand from healthcare sector
for robotic rehabilitation etc. In addition, a risk involved with using
exoskeletons (owing to vague safety guidelines) and high cost associated with the
exoskeletons and stringent government regulations adding to a few major
restraint factors of the market.
The global
robotic exoskeletons leads to balanced growth in the market with a value of
over US $3.7 billion including sales, lease, rent, commission fee and other
sources, during the anticipated period 2017-2023. This signifies an exceptional
& accelerating growth with a CAGR of above 40% in terms of annual revenue
across the world.
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
