Global Bionic Exoskeletons Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3600/- USD | Published Date: January 11, 2021 |

The global bionic exoskeletons market size was accounted for USD 1,176 million in 2020 and expected to grow at a significant CAGR of 7.8% during the forecast period 2021 to 2027 and projected to reach around USD 2 billion by 2027. The growing number of limb amputations globally is a key factor to drive the market growth. Furthermore, increasing investment by the defense to enhance bionic exoskeletons technology is another factor to propel the market over the forecast period. As per latest research study published by WHO (World Health Organization), the 50000 people are suffering from spinal cord injuries each year which resulting in permanent paralysis of the lower extremities.

Market Segment Insights:

The global bionic exoskeletons market is segmented by type, end-user, and geography. On the basis of type, the market is further divided into stationary and mobile. The stationary segment held the largest market share of bionic exoskeletons. The segment growth is attributed to its ergonomic feature which is capable to provide power and strength to the weakened organs and make the body part stronger. An increase recorded in the demand from homecare settings and rehabilitation centers to assist standing and walking with spinal cord injuries. In contrast, the mobile segment is accounted to grow at a variant growth rate over the forecast period due to its increasing demand from the defense sector.

By end-user, the global bionic exoskeletons market is divided into healthcare, military, and other end-users. The healthcare segment dominated the market in 2020. The segment growth is attributed to the increasing incidence of traumatic accidents and workplace hazardous activities which result limb amputation across the globe. According to the latest research study provided by IDF (International Diabetes Federation), it is estimated that over 1 million limb amputation occurs every year across the globe.

The bionic exoskeletons comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2020 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Global bionic exoskeletons market size and forecast were obtained by using “Bottom-up” and “Top-down” approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions.

The bionic exoskeletons market research report presents the analysis of each segment from 2018 to 2027 considering 2019 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2020 to 2027.

Historical & Forecast Period

  • 2018 – Historical Year
  • 2019 – Base Year
  • 2020-2027 – Forecast Period

Global Bionic Exoskeletons Market Segmentation:

By Type:

  • Stationary
  • Mobile

By End-User:

  • Healthcare
  • Military
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Global Bionic Exoskeletons Market by End User

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Geographic Coverage:

Geographically, the bionic exoskeletons market report comprises dedicated sections centering on the regional market revenue and trends. The bionic exoskeletons market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The bionic exoskeletons market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Bionic exoskeletons market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2020 – 2027.

Market Competition Assessment:

Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Key players operating in the global bionic exoskeletons market are Ottobock, Inc., DJO Global, Inc., Ossur Corporate, Ekso Bionics Holdings, Inc., and ReWalk Robotics. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Ottobock, Inc.
  • DJO Global, Inc.
  • ReWalk Robotics
  • Ossur Corporate.
  • Rex Bionics Ltd.
  • Raytheon
  • Ekso Bionics Holdings, Inc.
  • AlterG, Inc.
  • AXOSUITS SRL
  • Bionic Power, Inc.

Key Questions Answered by Bionic Exoskeletons Market Report:

  • Global bionic exoskeletons market forecasts from 2021-2027
  • Regional bionic exoskeletons market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Bionic exoskeletons submarket forecasts from 2021-2027 covering the market by type, by function, by end-use, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to bionic exoskeletons market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level bionic exoskeletons markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the bionic exoskeletons market

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Bionic Exoskeletons Market Portraiture
2.2. Global Bionic Exoskeletons Market, by Type, 2020 (USD Mn)
2.3. Global Bionic Exoskeletons Market, by End User, 2020 (USD Mn)
2.4. Global Bionic Exoskeletons Market, by Geography, 2020 (USD Mn)

 

3. Global Bionic Exoskeletons Market Analysis


3.1. Bionic Exoskeletons Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis

 

4. Global Bionic Exoskeletons Market By Type, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Stationary
4.3. Mobile

 

5. Global Bionic Exoskeletons Market By End User, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Healthcare
5.3. Military
5.4. Others

 

6. Global Bionic Exoskeletons Market, By Geography, 2018 – 2027 (USD Mn)


6.1. Introduction
6.2. North America
6.2.1. Overview
6.2.2. North America Bionic Exoskeletons Market by Type (2018-2027 USD Mn)
6.2.3. North America Bionic Exoskeletons Market by End User (2018-2027 USD Mn)
6.2.4. North America Bionic Exoskeletons Market by Country (2018-2027 USD Mn)
6.2.4.1. U.S.
6.2.4.2. Canada
6.3. Europe
6.3.1. Overview
6.3.2. Europe Bionic Exoskeletons Market by Type (2018-2027 USD Mn)
6.3.3. Europe Bionic Exoskeletons Market by End User (2018-2027 USD Mn)
6.3.4. Europe Bionic Exoskeletons Market by Country (2018-2027 USD Mn)
6.3.4.1. Germany
6.3.4.2. U.K.
6.3.4.3. France
6.3.4.4. Italy
6.3.4.5. Rest of Europe
6.4. Asia Pacific
6.4.1. Overview
6.4.2. Asia Pacific Bionic Exoskeletons Market by Type (2018-2027 USD Mn)
6.4.3. Asia Pacific Bionic Exoskeletons Market by End User (2018-2027 USD Mn)
6.4.4. Asia Pacific Bionic Exoskeletons Market by Country (2018-2027 USD Mn)
6.4.4.1. China.
6.4.4.2. Japan
6.4.4.3. Rest of Asia Pacific
6.5. Latin America (LATAM)
6.5.1. Overview
6.5.2. Latin America Bionic Exoskeletons Market by Type (2018-2027 USD Mn)
6.5.3. Latin America Bionic Exoskeletons Market by End User (2018-2027 USD Mn)
6.5.4. Latin America Bionic Exoskeletons Market by Country (2018-2027 USD Mn)
6.5.4.1. Brazil
6.5.4.2. Mexico
6.5.4.3. Rest of Latin America
6.6. Middle East and Africa
6.6.1. Overview
6.6.2. MEA Bionic Exoskeletons Market by Type (2018-2027 USD Mn)
6.6.3. MEA Bionic Exoskeletons Market by End User (2018-2027 USD Mn)
6.6.4. Middle East and Africa Bionic Exoskeletons Market, by Country (2018-2027 USD Mn)
6.6.4.1. GCC
6.6.4.2. Rest of MEA

 

7. Company Profiles


7.1. Ottobock, Inc.
7.1.1. Business Description
7.1.2. Financial Health and Budget Allocation
7.1.3. Product Positions/Portfolio
7.1.4. Recent Development
7.1.5. SWOT Analysis
7.2. DJO Global, Inc.
7.2.1. Business Description
7.2.2. Financial Health and Budget Allocation
7.2.3. Product Positions/Portfolio
7.2.4. Recent Development
7.2.5. SWOT Analysis
7.3. ReWalk Robotics
7.3.1. Business Description
7.3.2. Financial Health and Budget Allocation
7.3.3. Product Positions/Portfolio
7.3.4. Recent Development
7.3.5. SWOT Analysis
7.4. Ossur Corporate.
7.4.1. Business Description
7.4.2. Financial Health and Budget Allocation
7.4.3. Product Positions/Portfolio
7.4.4. Recent Development
7.4.5. SWOT Analysis
7.5. Rex Bionics Ltd.
7.5.1. Business Description
7.5.2. Financial Health and Budget Allocation
7.5.3. Product Positions/Portfolio
7.5.4. Recent Development
7.5.5. SWOT Analysis
7.6. Raytheon
7.6.1. Business Description
7.6.2. Financial Health and Budget Allocation
7.6.3. Product Positions/Portfolio
7.6.4. Recent Development
7.6.5. SWOT Analysis
7.7. Ekso Bionics Holdings, Inc.
7.7.1. Business Description
7.7.2. Financial Health and Budget Allocation
7.7.3. Product Positions/Portfolio
7.7.4. Recent Development
7.7.5. SWOT Analysis
7.8. AlterG, Inc.
7.8.1. Business Description
7.8.2. Financial Health and Budget Allocation
7.8.3. Product Positions/Portfolio
7.8.4. Recent Development
7.8.5. SWOT Analysis
7.9. AXOSUITS SRL
7.9.1. Business Description
7.9.2. Financial Health and Budget Allocation
7.9.3. Product Positions/Portfolio
7.9.4. Recent Development
7.9.5. SWOT Analysis
7.10. Bionic Power, Inc.
7.10.1. Business Description
7.10.2. Financial Health and Budget Allocation
7.10.3. Product Positions/Portfolio
7.10.4. Recent Development
7.10.5. SWOT Analysis

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List of Tables:

TABLE 1 Market Snapshot: Global Bionic Exoskeletons Market

TABLE 2 Impact Indicators

TABLE 3 Impact Analysis of Drivers and Challenges

TABLE 4 Global Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 5 Global Bionic Exoskeletons Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 6 North America Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 7 North America Bionic Exoskeletons Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 8 North America Bionic Exoskeletons Market Value, By Country, 2018 - 2027 (US$ Mn)

TABLE 9 U.S. Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 10 U.S. Bionic Exoskeletons Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 11 Canada Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 12 Canada Bionic Exoskeletons Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 13 Europe Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 14 Europe Bionic Exoskeletons Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 15 Europe Bionic Exoskeletons Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 16 Germany Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 17 Germany Bionic Exoskeletons Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 18 U.K. Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 19 U.K. Bionic Exoskeletons Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 20 France Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 21 France Bionic Exoskeletons Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 22 Italy Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 23 Italy Bionic Exoskeletons Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 24 Rest of Europe Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 25 Rest of Europe Bionic Exoskeletons Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 26 Asia Pacific Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 27 Asia Pacific Bionic Exoskeletons Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 28 Asia Pacific Bionic Exoskeletons Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 29 Japan Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 30 Japan Bionic Exoskeletons Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 31 China Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 32 China Bionic Exoskeletons Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 33 Rest of Asia Pacific Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 34 Rest of Asia Pacific Bionic Exoskeletons Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 35 Latin America Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 36 Latin America Bionic Exoskeletons Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 37 Latin America Bionic Exoskeletons Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 38 Brazil Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 39 Brazil Bionic Exoskeletons Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 40 Mexico Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 41 Mexico Bionic Exoskeletons Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 42 Rest of Latin America Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 43 Rest of Latin America Bionic Exoskeletons Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 44 Middle East & Africa Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 45 Middle East & Africa Bionic Exoskeletons Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 46 Middle East & Africa Bionic Exoskeletons Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 47 GCC Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 48 GCC Bionic Exoskeletons Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 49 Rest of MEA Bionic Exoskeletons Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 50 Rest of MEA Bionic Exoskeletons Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 51 Ottobock, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 52 DJO Global, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 53 ReWalk Robotics: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 54 Ossur Corporate.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 55 Rex Bionics Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 56 Raytheon: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 57 Ekso Bionics Holdings, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 58 AlterG, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 59 AXOSUITS SRL: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 60 Bionic Power, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

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List of Figures:

FIG. 1 Global Bionic Exoskeletons: Market Segmentation

FIG. 2 Global Bionic Exoskeletons Market: Research Methodology

FIG. 3 Top-Down and Bottom-up Approach

FIG. 4 Global Bionic Exoskeletons Market, by Type, 2019 (US$ Mn)

FIG. 5 Global Bionic Exoskeletons Market, by End-User, 2019 (US$ Mn)

FIG. 6 Global Bionic Exoskeletons Market, by Geography, 2019 (US$ Mn)

FIG. 7 Global Bionic Exoskeletons Market Value and Growth, 2018 – 2027, (US$ Mn) (Y-o-Y %)

FIG. 8 Attractive Investment Proposition, by Geography, 2017

FIG. 9    Market Positioning of Key Bionic Exoskeletons Providers, 2019

FIG. 10 Global Bionic Exoskeletons Market Value Share, by Type, 2018 & 2027 (%)

FIG. 11 Global Bionic Exoskeletons Market Value for Stationary, 2018 - 2027, (US$ Mn)

FIG. 12 Global Bionic Exoskeletons Market Value for Mobile 2018 - 2027, (US$ Mn)

FIG. 13 Global Bionic Exoskeletons Market Value Share, by End-User, 2018 & 2027 (Value %)

FIG. 14 Global Bionic Exoskeletons Market Value for Healthcare, 2018 - 2027 (US$ Mn)

FIG. 15 Global Bionic Exoskeletons Market Value for Military, 2018 - 2027 (US$ Mn)

FIG. 16 Global Bionic Exoskeletons Market Value for Others, 2018 - 2027 (US$ Mn)

FIG. 17 North America Bionic Exoskeletons Market Value, 2018 - 2027, (US$ Mn)

FIG. 18 Europe Bionic Exoskeletons Market Value, 2018 - 2027, (US$ Mn)

FIG. 19 Asia Pacific Bionic Exoskeletons Market Value, 2018 - 2027, (US$ Mn)

FIG. 20 LATIN America Bionic Exoskeletons Market Value, 2018 - 2027, (US$ Mn)

FIG. 21 Middle East & Africa Bionic Exoskeletons Market Value, 2018 - 2027, (US$ Mn)
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