Exoskeleton Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

By: HDIN Research Published: 2025-05-18 Pages: 89
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Exoskeleton Market Summary
Introduction
Exoskeletons are wearable robotic devices that enhance human strength, mobility, or endurance, used in healthcare for rehabilitation, military for load-carrying, and industry for ergonomic support. The market is driven by rising disability rates, an aging population, occupational health needs, and military modernization. Technological advancements, such as AI-driven gait analysis and lightweight materials, improve functionality and affordability. The global exoskeleton market is projected to reach between USD 350 million and USD 600 million in 2025, with a compound annual growth rate (CAGR) of 12.2% to 17.7% through 2030.

Regional Analysis
 North America: The U.S. leads due to advanced healthcare and military applications, with Canada focusing on rehabilitation.
 Europe: Germany, France, and the UK drive demand with industrial and medical exoskeletons, supported by ergonomic regulations.
 Asia Pacific: China and Japan dominate with healthcare and industrial applications, while India expands in affordable rehabilitation devices.
 Rest of the World: Brazil invests in medical exoskeletons, and the Middle East focuses on military applications.

Application Analysis
 Healthcare: Expected growth of 12.5%-18.0%, driven by rehabilitation needs. Trends focus on AI-enhanced mobility support.
 Military: Projected growth of 12.0%-17.5%, linked to soldier augmentation. Developments emphasize load-bearing capacity.
 Industry: Anticipated growth of 12.3%-17.8%, tied to ergonomic solutions. Advances prioritize lightweight, flexible designs.

Type Analysis
 Mobile: Expected growth of 12.4%-17.9%, valued for rehabilitation and military use. Trends highlight portable, battery-efficient designs.
 Fixed/Stationary: Projected growth of 12.0%-17.5%, used in industrial and clinical settings. Advances focus on modular, customizable systems.

Key Market Players
 Ekso Bionics, specializing in rehabilitation exoskeletons;
 Hocoma, focusing on medical robotics;
 ARMASTEC PTE, targeting industrial applications;
 Lockheed Martin Corporation, innovating in military exoskeletons;
 Rex Bionics, offering mobility solutions;
 RB3D, emphasizing ergonomic designs;
 Suit X, providing lightweight industrial suits;
 ReWalk Robotics, advancing rehabilitation;
 Panasonic ActiveLink, focusing on industrial support.
 Cyberdyne, leading in AI-driven exoskeletons.

Porter's Five Forces Analysis
 Threat of New Entrants: Moderate, due to high R&D costs and regulatory barriers, though innovative startups can disrupt.
 Threat of Substitutes: Low, as exoskeletons offer unique functionality for specific applications.
 Bargaining Power of Buyers: Moderate, with hospitals and industries seeking cost-effective solutions, but specialized needs limit options.
 Bargaining Power of Suppliers: Moderate, given specialized components like carbon fiber.
 Competitive Rivalry: High, with firms competing on technology, affordability, and application versatility.

Market Opportunities and Challenges
Opportunities:
 A global disability population of 1.3 billion, including 80 million needing mobility aids, drives healthcare exoskeleton demand.
 An aging population, projected to reach 2.1 billion by 2050, increases rehabilitation needs.
 Industrial exoskeletons address 40% of occupational injuries related to musculoskeletal disorders, with 2.8 million annual workplace injuries.
 Military budgets, reaching USD 2.2 trillion in 2022, fuel exoskeleton development for soldier enhancement.
 Technological advancements, like Cyberdyne’s HAL with AI gait analysis, improve functionality by 20%.
 Emerging markets offer growth potential.
Challenges:
 High costs, with exoskeletons priced above USD 50,000, limit adoption in developing regions.
 Regulatory approvals, requiring extensive clinical trials, delay market entry.
 Limited battery life and bulky designs hinder user adoption.
 Competition from alternative mobility aids, like wheelchairs, persists in cost-sensitive markets.
 Lack of trained professionals for exoskeleton operation slows deployment.

Market News
 In December 2022, Ekso Bionics acquired Parker Hannifin’s Indego exoskeleton line, expanding its rehabilitation offerings.
 In June 2022, CYBERDYNE Inc. formed alliances with LIFESCAPES Inc. and Malaysia’s SOCSO, enhancing rehabilitation access for paralysis patients using HAL technology.
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Exoskeleton Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Exoskeleton Market in North America (2020-2030)
8.1 Exoskeleton Market Size
8.2 Exoskeleton Market by End Use
8.3 Competition by Players/Suppliers
8.4 Exoskeleton Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Exoskeleton Market in South America (2020-2030)
9.1 Exoskeleton Market Size
9.2 Exoskeleton Market by End Use
9.3 Competition by Players/Suppliers
9.4 Exoskeleton Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Exoskeleton Market in Asia & Pacific (2020-2030)
10.1 Exoskeleton Market Size
10.2 Exoskeleton Market by End Use
10.3 Competition by Players/Suppliers
10.4 Exoskeleton Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Exoskeleton Market in Europe (2020-2030)
11.1 Exoskeleton Market Size
11.2 Exoskeleton Market by End Use
11.3 Competition by Players/Suppliers
11.4 Exoskeleton Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Exoskeleton Market in MEA (2020-2030)
12.1 Exoskeleton Market Size
12.2 Exoskeleton Market by End Use
12.3 Competition by Players/Suppliers
12.4 Exoskeleton Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Exoskeleton Market (2020-2025)
13.1 Exoskeleton Market Size
13.2 Exoskeleton Market by End Use
13.3 Competition by Players/Suppliers
13.4 Exoskeleton Market Size by Type
Chapter 14 Global Exoskeleton Market Forecast (2025-2030)
14.1 Exoskeleton Market Size Forecast
14.2 Exoskeleton Application Forecast
14.3 Competition by Players/Suppliers
14.4 Exoskeleton Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 Ekso Bionics
15.1.1 Company Profile
15.1.2 Main Business and Exoskeleton Information
15.1.3 SWOT Analysis of Ekso Bionics
15.1.4 Ekso Bionics Exoskeleton Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Hocoma
15.2.1 Company Profile
15.2.2 Main Business and Exoskeleton Information
15.2.3 SWOT Analysis of Hocoma
15.2.4 Hocoma Exoskeleton Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 ARMASTEC PTE
15.3.1 Company Profile
15.3.2 Main Business and Exoskeleton Information
15.3.3 SWOT Analysis of ARMASTEC PTE
15.3.4 ARMASTEC PTE Exoskeleton Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Lockheed Martin Corporation
15.4.1 Company Profile
15.4.2 Main Business and Exoskeleton Information
15.4.3 SWOT Analysis of Lockheed Martin Corporation
15.4.4 Lockheed Martin Corporation Exoskeleton Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 Rex Bionics
15.5.1 Company Profile
15.5.2 Main Business and Exoskeleton Information
15.5.3 SWOT Analysis of Rex Bionics
15.5.4 Rex Bionics Exoskeleton Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 RB3D
15.6.1 Company Profile
15.6.2 Main Business and Exoskeleton Information
15.6.3 SWOT Analysis of RB3D
15.6.4 RB3D Exoskeleton Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 Suit X
15.7.1 Company Profile
15.7.2 Main Business and Exoskeleton Information
15.7.3 SWOT Analysis of Suit X
15.7.4 Suit X Exoskeleton Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Abbreviation And Acronyms
Table Research Scope Of Exoskeleton Report
Table Data Sources Of Exoskeleton Report
Table Major Assumptions Of Exoskeleton Report
Table Exoskeleton Classification
Table Exoskeleton Applications
Table Drivers Of Exoskeleton Market
Table Restraints Of Exoskeleton Market
Table Opportunities Of Exoskeleton Market
Table Threats Of Exoskeleton Market
Table Raw Materials Suppliers
Table Different Production Methods Of Exoskeleton
Table Cost Structure Analysis Of Exoskeleton
Table Key End Users
Table Latest News Of Exoskeleton Market
Table Merger And Acquisition
Table Planned/Future Project Of Exoskeleton Market
Table Policy Of Exoskeleton Market
Table 2020-2030 North America Exoskeleton Market Size
Table 2020-2030 North America Exoskeleton Market Size By Application
Table 2020-2025 North America Exoskeleton Key Players Revenue
Table 2020-2025 North America Exoskeleton Key Players Market Share
Table 2020-2030 North America Exoskeleton Market Size By Type
Table 2020-2030 United States Exoskeleton Market Size
Table 2020-2030 Canada Exoskeleton Market Size
Table 2020-2030 Mexico Exoskeleton Market Size
Table 2020-2030 South America Exoskeleton Market Size
Table 2020-2030 South America Exoskeleton Market Size By Application
Table 2020-2025 South America Exoskeleton Key Players Revenue
Table 2020-2025 South America Exoskeleton Key Players Market Share
Table 2020-2030 South America Exoskeleton Market Size By Type
Table 2020-2030 Brazil Exoskeleton Market Size
Table 2020-2030 Argentina Exoskeleton Market Size
Table 2020-2030 Chile Exoskeleton Market Size
Table 2020-2030 Peru Exoskeleton Market Size
Table 2020-2030 Asia & Pacific Exoskeleton Market Size
Table 2020-2030 Asia & Pacific Exoskeleton Market Size By Application
Table 2020-2025 Asia & Pacific Exoskeleton Key Players Revenue
Table 2020-2025 Asia & Pacific Exoskeleton Key Players Market Share
Table 2020-2030 Asia & Pacific Exoskeleton Market Size By Type
Table 2020-2030 China Exoskeleton Market Size
Table 2020-2030 India Exoskeleton Market Size
Table 2020-2030 Japan Exoskeleton Market Size
Table 2020-2030 South Korea Exoskeleton Market Size
Table 2020-2030 Southeast Asia Exoskeleton Market Size
Table 2020-2030 Australia Exoskeleton Market Size
Table 2020-2030 Europe Exoskeleton Market Size
Table 2020-2030 Europe Exoskeleton Market Size By Application
Table 2020-2025 Europe Exoskeleton Key Players Revenue
Table 2020-2025 Europe Exoskeleton Key Players Market Share
Table 2020-2030 Europe Exoskeleton Market Size By Type
Table 2020-2030 Germany Exoskeleton Market Size
Table 2020-2030 France Exoskeleton Market Size
Table 2020-2030 United Kingdom Exoskeleton Market Size
Table 2020-2030 Italy Exoskeleton Market Size
Table 2020-2030 Spain Exoskeleton Market Size
Table 2020-2030 Belgium Exoskeleton Market Size
Table 2020-2030 Netherlands Exoskeleton Market Size
Table 2020-2030 Austria Exoskeleton Market Size
Table 2020-2030 Poland Exoskeleton Market Size
Table 2020-2030 Russia Exoskeleton Market Size
Table 2020-2030 Mea Exoskeleton Market Size
Table 2020-2030 Mea Exoskeleton Market Size By Application
Table 2020-2025 Mea Exoskeleton Key Players Revenue
Table 2020-2025 Mea Exoskeleton Key Players Market Share
Table 2020-2030 Mea Exoskeleton Market Size By Type
Table 2020-2030 Egypt Exoskeleton Market Size
Table 2020-2030 Israel Exoskeleton Market Size
Table 2020-2030 South Africa Exoskeleton Market Size
Table 2020-2030 Gulf Cooperation Council Countries Exoskeleton Market Size
Table 2020-2030 Turkey Exoskeleton Market Size
Table 2020-2025 Global Exoskeleton Market Size By Region
Table 2020-2025 Global Exoskeleton Market Size Share By Region
Table 2020-2025 Global Exoskeleton Market Size By Application
Table 2020-2025 Global Exoskeleton Market Share By Application
Table 2020-2025 Global Exoskeleton Key Vendors Revenue
Table 2020-2025 Global Exoskeleton Key Vendors Market Share
Table 2020-2025 Global Exoskeleton Market Size By Type
Table 2020-2025 Global Exoskeleton Market Share By Type
Table 2025-2030 Global Exoskeleton Market Size By Region
Table 2025-2030 Global Exoskeleton Market Size Share By Region
Table 2025-2030 Global Exoskeleton Market Size By Application
Table 2025-2030 Global Exoskeleton Market Share By Application
Table 2025-2030 Global Exoskeleton Key Vendors Revenue
Table 2025-2030 Global Exoskeleton Key Vendors Market Share
Table 2025-2030 Global Exoskeleton Market Size By Type
Table 2025-2030 Exoskeleton Global Market Share By Type

Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Exoskeleton Picture
Figure 2020-2030 North America Exoskeleton Market Size And Cagr
Figure 2020-2030 South America Exoskeleton Market Size And Cagr
Figure 2020-2030 Asia & Pacific Exoskeleton Market Size And Cagr
Figure 2020-2030 Europe Exoskeleton Market Size And Cagr
Figure 2020-2030 Mea Exoskeleton Market Size And Cagr
Figure 2020-2025 Global Exoskeleton Market Size And Growth Rate
Figure 2025-2030 Global Exoskeleton Market Size And Growth Rate

Research Methodology

  • Market Estimated Methodology:

    Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.

1)Top-down & Bottom-up Approach

Top-down approach uses a general market size figure and determines the percentage that the objective market represents.

Bottom-up approach size the objective market by collecting the sub-segment information.

2)Supply & Demand Approach

Supply approach is based on assessments of the size of each competitor supplying the objective market.

Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.

  • Forecasting Methodology
  • Numerous factors impacting the market trend are considered for forecast model:
  • New technology and application in the future;
  • New project planned/under contraction;
  • Global and regional underlying economic growth;
  • Threatens of substitute products;
  • Industry expert opinion;
  • Policy and Society implication.
  • Analysis Tools

1)PEST Analysis

PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.

  • Benefits of a PEST analysis:
  • It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
  • It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
  • It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
  • It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.

2)Porter’s Five Force Model Analysis

The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.

  • Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
  • Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
  • Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
  • Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
  • Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.

3)Value Chain Analysis

Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.

4)SWOT Analysis

SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.

  • Strengths describe what the player excels at and separates it from the competition
  • Weaknesses stop the player from performing at its optimum level.
  • Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
  • Threats refer to factors that have the potential to harm the player.
  • Data Sources
Primary Sources Secondary Sources
Face to face/Phone Interviews with market participants, such as:
Manufactures;
Distributors;
End-users;
Experts.
Online Survey
Government/International Organization Data:
Annual Report/Presentation/Fact Book
Internet Source Information
Industry Association Data
Free/Purchased Database
Market Research Report
Book/Journal/News

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