"Smart Strategies, Giving Speed to your Growth Trajectory"

Exoskeleton Systems Market Size, Share and Global Trend By Component (Hardware & Software), By Type (Powered & Passive) Exoskeleton, By Mobility (Stationary & Mobile) By Body Part (Lower, Upper, Full Body), By Industry Vertical (Healthcare, Defence, Industrial) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI100205 | Status : Ongoing




Exoskeleton Systems are mechanical devices or soft materials worn by operators or workers and are used as a capabilities amplifier, assistive device, haptic controller, or for rehabilitation. Exoskeleton technology bridges the gap between fully manual, non-technology enabled tasks, to those operations that demand traditional industrial robots.

Exoskeleton systems are placed on the user’s body to act as amplifiers to augment, reinforce or restore human performance.  Exoskeletons are also referred to as robotic suit, powered armor, exo-frame or exosuit, wearable machine, power jacket, etc.

To gain extensive insights into the market, Request for Customization

The growing demand from the Medical Industry or the Health care sector has been a primary driver for the Exoskeleton  Systems Market backed by the need of load bearing and load shifting in industries preventing injuries and assuring the safety of employees. The rising number of aging population and health disorders such as paralysis, muscular dystrophy and general fatigue create the most demand for Exoskeleton systems.

High costs associated with Exoskeleton devices and stringent government regulations pertaining to the use of exoskeletons in the medical sector are likely to be limiting factors for market growth. A powered exoskeleton has a very high cost if compared to unpowered exoskeleton which could act as a hindrance for the growth in demand for powered Exoskeletons. Implementation of exoskeletons and associated technologies in commercial health insurance plans by insurance providers presents a huge opportunity for market growth.


Some of the major companies that are present in the global gene therapy market are Cyberdyne Inc., Ekso Bionics, Ottobock, Parker Hannifin Corp., Comau, Lockheed Martin, SkelEx, Lowe's Innovation Lab, Daewoo Shipbuilding & Marine Engineering etc.



Segmentation of the Global Exoskeleton Systems Market.

By Component

·      Hardware

·      Software

By Type

·      Powered Exoskeleton

·      Passive Exoskeleton

By Mobility

· Stationery

·      Mobile

By Body Part

·      Lower

·      Upper

·      Full Body

By Industry Vertical

·      Healthcare

·      Defence

·      Industrial

By Geography

·      North America (USA and Canada)

·      Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

·      Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

·      Latin America (Brazil, Mexico and Rest of Latin America)

·      Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



At present, Increased adoption of Exoskeletons in Industrial and Military Sectors backed by the introduction of Soft Actuators would result in the growth of demand for both active and passive Exoskeletons. Furthermore, owing to these factors the sales of Exoskeletons have increased significantly from 5.5 thousand units in 2017 to 7 thousand units in 2018.



 The global gene therapy market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America followed by Europe are the two largest markets for Exoskeleton systems at present owing to the high rate to technological advancements and early adoption of these systems. However, the Asia Pacific region is expected to dominate the market after 2020 due to the presence of the high number of major players and ongoing industrial, medical and defense advancements in the region would also create a huge demand for the Exoskeleton systems market in Asia Pacific. 

Key Industry Developments

·In March 2017, Ottobock acquired BionX Medical Technologies (US), a manufacturer of active prosthetic foot and ankle solutions.

·In January 2018, the new CDX joint Exoskeleton was developed to boost the productivity and promote faster movements.

·In May 2018, Sarcos Robotics secured US$ 30 Mn in series B funding to boost the production of a new full body Exoskeleton design to boost up the productivity and assure  safety of user. .

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Information & Technology Clients

Bain & Company

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.