Exoskeletons Market Key Trends, Vendor Strategies, Industry Analysis and Forecast to 2015

Exoskeletons Market Size, Share, Trends, Company Profiles, Demand,

Insights, Analysis, Research, Report, Opportunities, Segmentation and

Forecast To 2015

Exoskeletons allow for better human automation and control. Significant technological advances

in recent times are leading to higher adoption of exoskeletons in various fields such as

healthcare, commercial, military and industry.

Exoskeletons play a huge role in patient rehabilitation. They help victims of spinal cord injury,

brain trauma, and stroke to get back up on their feet and move. These devices support repetitive

motion which builds neurological pathways in the brain that facilitate use of the muscles. This

speeds up recovery time. Immense opportunities exist for use of exoskeletons in the area of

homecare equipment. Demand is anticipated to accelerate as affordability increases.

Exoskeletons contribute to higher endurance and safety in industrial activities. They also impart

new capabilities to combat forces. Steel is used as the main building material when strength is

the main requirement. Chromoly is preferred when flexibility and responsiveness is desired.

The robotic exoskeletons market was worth USD 69 million in 2014. It is expected to grow at a

CAGR of 40% till 2025. Of all the various applications, medical segment held the maximum

market share in 2014. However, strongest growth will occur in the commercial sector.

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Exoskeletons are of great use in the construction industry and agriculture. They assist in tasks

that demand extended standing, bending, squatting or walking. They also make lifting of heavy

objects easier. Exoskeletons are expected to play a crucial role in ship building, warehouse

management and manufacturing.

Extensive research and development have led to the emergence of commercially viable

exoskeleton equipment. However, the market is still at a nascent...