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The Global Exoskeleton Market is expected to reach USD 5.2 billion in 2030 from USD 0.8  in 2023 billion with a compound annual growth rate CAGR of 39.8% throughout the forecast period (2025-2030).

A hard covering that supports and protects a skeleton that is on the exterior of an animal to both support the body shape and protect the internal organs is known as an exoskeleton. Rising adoption rates of medical devices in different industries and global geriatric population are some of the key driving factors responsible for the market growth. Also the growing incidence rate of spinal cord injuries (SCI) is anticipated to drive the demand across global markets. However, the main constraint of the Exoskeleton Market is the high equipment cost during the forecast period.

Browse 64 market data Tables and 40 Figures spread through 197 Pages and in-depth TOC on Exoskeleton Market By Mobility (Stationary and Mobile), By Technology (Powered and Passive), By Extremity (Upper, Lower and Full body), By Enduse (Defense, Healthcare, Industrial and Others) and By Geography (North America, Asia-Pacific, Europe and Rest of the World) - Global Forecast to 2030.

Global Exoskeleton Market Segmentation and Key Players

By mobility, mobile dominate the global exoskeleton market.

Based on the mobility, the Exoskeleton Market is segregated into stationary and mobile. The mobile segment led the market with the largest revenue share over the forecast period. Factors such as rise in research and development activities and a surge in demand for motor-equipped robots aiding human body mechanics are attributed to market growth.

“North America is anticipated to register the fastest CAGR during the forecast period, i.e., 2025-2030 in the global exoskeleton market”

North America dominated the market during the forecast period, owing to the rising expenditure on research activities, growing prevalence of disabled individuals, availability of technologically advanced products, increasing number of partnerships & collaborations and growing public & private support. Asia Pacific is also anticipated to register the fastest CAGR during the forecast period owing to growing patients who require rehabilitation support. Government support & funding, developing & advancing healthcare infrastructure are too driving the development & market growth in Asia Pacific.

Some of the key players of the global Exoskeleton Market are Lockheed Martin Corporation, Lifeward Inc., Parker Hannifin Corporation, Ekso Bionics, Hocoma, Hyundai Motor Company, ReWalk Robotics, Rex Bionics Plc., Wandercraft SAS, Cyberdyne, Inc.,  ActiveLink (Panasonic Corporation)

Recent Devlopment by Key Players

Rehab Technologies has launched its new robotic exoskeleton - Twin which is designed for lower limbs to allow patients with spinal cord injuries to walk independently. 

Global exoskeleton market coverage (By Value)

• Mobility Insight and Forecast 2025-2030  
  • Stationary
  • Mobile

• Technology Insight and Forecast 2025-2030
  • Powered
  • Passive
• Extremity Insight and Forecast 2025-2030
  • Upper
  • Lower
  • Full body
• Enduse Insight and Forecast 2025-2030
  • Defense
  • Healthcare
  • Industrial
  • Others

Geographical Segmentation

Global Exoskeleton Market by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
• Rest of the World
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E
  • Other Countries