Exoskeleton Market - Global Opportunity Analysis and Industry Forecast (2024-2031)
Meticulous Research ® —a leading global market research company, published a research report titled, ‘ Exoskeleton Market by Product (Soft, Rigid, Hybrid), Power Type (Powered, Passive), Body Type (Complete Body, Upper & Lower Extremities), Mobility (Stationary, Mobile), End-use (Industrial, Healthcare, Military, Others), Geography - Global Forecast to 2031.’ According to this latest publication from Meticulous Research ® , the exoskeleton market is projected to reach $11.90 billion by 2031 , at a CAGR of 36.8% from 2024 to 2031. The growth of this market is mainly driven by factors such as the growing demand for exoskeletons for orthopedic rehabilitation, the increasing prevalence of stroke and associated disabilities, and growing investments in exoskeletons by the military & defense sectors. In addition, the replacement of conventional prosthetics with exoskeleton technology and the rising adoption of human augmentation technology in manufactur...