Listen to this article
Powered human exoskeletons are wearable robotic devices that enhance human physical capabilities, such as strength, endurance, and mobility.
These devices are used in a variety of applications, including military, medical, and industrial settings.
The market for powered human exoskeleton service robots is expected to grow in the coming years, driven by increasing demand for assistive technologies to support people with mobility impairments, and by the growing interest of industries in enhancing the physical capabilities of their workers.
Currently, the global market for powered human exoskeleton service robots is dominated by North America, which accounted for more than half of the sales in 2021. This is due to the presence of major players in the region, such as Ekso Bionics and ReWalk Robotics, and the high level of investment in research and development in the field of robotics.
Europe is the second largest market for powered human exoskeleton service robots, accounting for around one-third of the sales in 2021. The region is home to several leading companies in the field, such as Cyberdyne and Gogoa Mobility Robots, and has a well-established healthcare sector, which is a major application area for powered exoskeletons.
Asia Pacific is expected to be the fastest-growing market for powered human exoskeleton service robots in the coming years, driven by the increasing demand for assistive technologies in countries with aging populations, such as Japan and China. The region is also home to several emerging players in the field, such as Wandercraft and Fourier Intelligence.
In terms of application areas, the healthcare sector is the largest market for powered human exoskeleton service robots, accounting for more than half of the sales in 2021. This is due to the increasing prevalence of mobility impairments among the aging population, and the growing interest of healthcare providers in using powered exoskeletons for rehabilitation and assistive purposes.
The industrial sector is the second-largest application area for powered human exoskeletons, accounting for around one-third of the sales in 2021. The use of exoskeletons in industrial settings is driven by the need to enhance the physical capabilities of workers, reduce the risk of work-related injuries, and increase productivity.
In conclusion, the market for powered human exoskeleton service robots is expected to continue to grow in the coming years, driven by the increasing demand for assistive technologies and the growing interest of industries in enhancing the physical capabilities of their workers. North America currently dominates the global market, followed by Europe and Asia Pacific, with the healthcare sector being the largest application area.
Source: Statista