An exoskeleton is a robotic suit that is worn by a human to provide them with extra strength and endurance. The first exoskeletons were developed for military use, but they are now being used in a variety of industries, including construction, manufacturing, and healthcare.

Exoskeletons use a variety of technologies to provide their users with extra strength, including hydraulic actuators, electric motors, and pneumatics. They often have sensors that feedback information to the user, and some models even include artificial intelligence to help the user optimize their performance.

Report Coverage

Report Attribute	Details
Historic Period	2015-2020
Forecast Period	2022-2031
Base Year	2021
Segments Covered	Mobility, Technology, Extremity, End-Use
Key Companies	Ekso Bionics, Hocoma, Lockheed Martin Corporation, U.S. Bionics, Inc., Rex Bionics, RB3D, ReWalk Robotics Ltd, Cyberdyne Inc., ActiveLink, Ottobock
Regional Scope	North America, Europe, Asia Pacific, Central & South America, Middle East & Africa
Analysis Coverage	Market Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments

Key Trends and Drivers

One trend is the increasing use of exoskeletons in industrial and construction settings. There are a number of companies that are now offering products that are specifically designed for these industries, and they are seeing good uptake. This is likely to continue as the benefits of using exoskeletons in these industries become more widely recognized.

Another trend is the development of lighter and more comfortable exoskeletons. As the technology develops, exoskeletons are becoming lighter and more comfortable to wear, which is making them more practical for use in a wider range of settings.

Finally, there is an increasing focus on using exoskeletons to improve the health and wellbeing of workers. There is growing evidence that using an exoskeleton can help to reduce musculoskeletal injuries, and this is leading to more companies incorporating exoskeletons into their health and safety programs.

Restraints & Challenges

The major restraints in the growth of the exoskeleton market are the high cost of exoskeleton devices and the lack of awareness about the benefits of using exoskeletons.

The major challenges in the growth of the exoskeleton market are the lack of standardization and the lack of trained personnel to operate exoskeletons. The lack of standardization in the design and manufacture of exoskeletons is a major challenge in the growth of the exoskeleton market. In addition, the lack of trained personnel to operate exoskeletons is another major challenge in the growth of the exoskeleton market.

Market Segments

By Mobility

• Mobile
• Fixed/Stationary

By Technology

• Powered
• Non-powered

By Extremity

• Upper Body
• Lower Body
• Full Body

By End-Use

• Healthcare
• Military
• Industry

Key Players

• Ekso Bionics
• Hocoma
• Lockheed Martin Corporation
• U.S. Bionics, Inc.
• Rex Bionics
• RB3D
• ReWalk Robotics Ltd
• Cyberdyne Inc.
• ActiveLink
• Ottobock
• DIH Medical
• Cyberdyne