North America Medical Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Mobility (Mobile, Stationary, Tethered)

North America medical exoskeletons market is projected to grow by 31.8% annually in the forecast period and reach $3.73 billion by 2032, driven by the increasing number of people with physical disabilities and subsequent growth in the demand for effective rehabilitation approaches, the rising collaborations among vendors for the technological development, and the increasing insurance coverage for medical exoskeletons.

Highlighted with 36 tables and 85 figures, this 154-page report “North America Medical Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Mobility (Mobile, Stationary, Tethered), Power (Active/Powered, Passive), Structure (Rigid, Soft), Application (Rehabilitation, Mobility Aid, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America medical exoskeletons market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

 

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure 

• Growth Drivers 

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Fiver Forces

The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America medical exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Mobility, Power, Structure, Application, and Country. 

 

Based on Offering, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. 

• Hardware

o Sensors

o Actuators

o Power Sources

o Controllers 

o Other Hardware

• Software

• Service

 

Based on Function, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section. 

• Upper Body Exoskeletons

• Lower Body Exoskeletons

• Full Body Exoskeletons

 

By Mobility, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section. 

• Mobile Exoskeletons

• Stationary Exoskeletons

• Tethered Exoskeletons

 

By Power, the North America market is segmented into the following sub-markets with annual revenue ($ mn) volume (units) for 2022-2032 included in each section. 

• Active/Powered Exoskeletons

o Electric Actuator 

o Pneumatic Actuator 

o Hydraulic Actuator 

o Mechanical Actuator

o Other Types

• Passive Exoskeletons

 

By Structure, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section. 

• Rigid Exoskeletons

• Soft Exoskeletons

 

By Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section. 

• Rehabilitation

• Mobility Aid

• Other Applications

 

Geographically, the following national/local markets are fully investigated:

• U.S.

• Canada

• Mexico 

For each key country, detailed analysis and data for annual revenue ($ mn) and sales volume (units) are available for 2022-2032. The breakdown of national markets by Function, Mobility, and Application over the forecast years are also included.

 

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players: 

AlterG Inc.

Atoun Inc.

Axosuits SRL

Bionik Laboratiories Corp.

B-Temia Inc.

Cyberdyne Inc.

DIH Technologies Corporation

Ekso Bionics Holdings Inc.

Gogoa Mobility Robots SL

Hocoma AG

Honda Motor Co., Ltd.

Innophys Co., Ltd.

Japet Medical Devices

Lockheed Martin Corp.

Marsi Bionics, S.L.

Myomo Inc.

Panasonic Holdings Corp.

Parker-Hannifin Corp.

ReWalk Robotics Inc.

Rex Bionics Ltd.

US Bionics Inc. (Suitx)

Wearable Robotics SRL 

(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

 

1 Introduction 8

1.1 Industry Definition and Research Scope 8

1.1.1 Industry Definition 8

1.1.2 Research Scope 10

1.2 Research Methodology 13

1.2.1 Overview of Market Research Methodology 13

1.2.2 Market Assumption 14

1.2.3 Secondary Data 14

1.2.4 Primary Data 14

1.2.5 Data Filtration and Model Design 15

1.2.6 Market Size/Share Estimation 16

1.2.7 Research Limitations 17

1.3 Executive Summary 18

2 Market Overview and Dynamics 21

2.1 Market Size and Forecast 21

2.1.1 Impact of COVID-19 on World Economy 24

2.1.2 Impact of COVID-19 on the Market 27

2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 29

2.2 Major Growth Drivers 33

2.3 Market Restraints and Challenges 39

2.4 Emerging Opportunities and Market Trends 42

2.5 Porter’s Fiver Forces Analysis 46

3 Segmentation of North America Market by Offering 50

3.1 Market Overview by Offering 50

3.2 Hardware 52

3.2.1 Sensors 53

3.2.2 Actuators 54

3.2.3 Power Sources 55

3.2.4 Controllers 56

3.2.5 Other Hardware 57

3.3 Software 58

3.4 Services 59

4 Segmentation of North America Market by Function 60

4.1 Market Overview by Function 60

4.2 Upper Body Exoskeletons 64

4.3 Lower Body Exoskeletons 66

4.4 Full Body Exoskeletons 68

5 Segmentation of North America Market by Mobility 70

5.1 Market Overview by Mobility 70

5.2 Mobile Exoskeletons 74

5.3 Stationary Exoskeletons 76

5.4 Tethered Exoskeletons 78

6 Segmentation of North America Market by Power 80

6.1 Market Overview by Power 80

6.2 Active/Powered Exoskeletons 84

6.2.1 Electric Actuator 86

6.2.2 Pneumatic Actuator 87

6.2.3 Hydraulic Actuator 88

6.2.4 Mechanical Actuator 89

6.2.5 Other Types 90

6.3 Passive Exoskeletons 91

7 Segmentation of North America Market by Structure 93

7.1 Market Overview by Structure 93

7.2 Rigid Exoskeletons 97

7.3 Soft Exoskeletons 99

8 Segmentation of North America Market by Application 101

8.1 Market Overview by Application 101

8.2 Rehabilitation 105

8.3 Mobility Aid 107

8.4 Other Applications 109

9 North America Market 2022-2032 by Country 111

9.1 Overview of North America Market 111

9.2 U.S. 116

9.3 Canada 119

9.4 Mexico 121

10 Competitive Landscape 123

10.1 Overview of Key Vendors 123

10.2 New Product Launch, Partnership, Investment, and M&A 128

10.3 Company Profiles 131

AlterG Inc. 131

Atoun Inc. 133

Axosuits SRL 134

Bionik Laboratiories Corp. 135

B-Temia Inc. 136

Cyberdyne Inc. 137

DIH Technologies Corporation 138

Ekso Bionics Holdings Inc. 139

Gogoa Mobility Robots SL 140

Hocoma AG 141

Honda Motor Co., Ltd. 142

Innophys Co., Ltd. 143

Japet Medical Devices 144

Lockheed Martin Corp. 145

Marsi Bionics, S.L. 146

Myomo Inc. 147

Panasonic Holdings Corp. 148

Parker-Hannifin Corp. 149

ReWalk Robotics Inc. 150

Rex Bionics Ltd. 151

US Bionics Inc. (Suitx) 152

Wearable Robotics SRL 153

RELATED REPORTS 154

 

List of Tables:

 

Table 1.  Snapshot of North America Medical Exoskeletons Market in Balanced Perspective, 2022-2032 19

Table 2. World Economic Outlook, 2021-2031 25

Table 3. World Economic Outlook, 2021-2023 26

Table 4. Scenarios for Economic Impact of Ukraine Crisis 30

Table 5. World Health Spending by Region, $ bn, 2013-2020 38

Table 6.  Main Product Trends and Market Opportunities in North America Medical Exoskeletons Market 42

Table 7. North America Medical Exoskeletons Market by Offering, 2022-2032, $ mn 50

Table 8. North America Medical Exoskeletons Market: Hardware by Type, 2022-2032, $ mn 52

Table 9. North America Medical Exoskeletons Market by Function, 2022-2032, $ mn 60

Table 10. North America Medical Exoskeletons Market by Function, 2022-2032, units 62

Table 11. North America Medical Exoskeletons Market by Mobility, 2022-2032, $ mn 70

Table 12. North America Medical Exoskeletons Market by Mobility, 2022-2032, units 72

Table 13. North America Medical Exoskeletons Market by Power, 2022-2032, $ mn 80

Table 14. North America Medical Exoskeletons Market by Power, 2022-2032, units 82

Table 15. North America Medical Exoskeletons Market: Active/Powered Exoskeletons by Type, 2022-2032, $ mn 85

Table 16. North America Medical Exoskeletons Market by Structure, 2022-2032, $ mn 93

Table 17. North America Medical Exoskeletons Market by Structure, 2022-2032, units 95

Table 18. North America Medical Exoskeletons Market by Application, 2022-2032, $ mn 101

Table 19. North America Medical Exoskeletons Market by Application, 2022-2032, units 103

Table 20. North America Medical Exoskeletons Market by Country, 2022-2032, $ mn 112

Table 21. North America Medical Exoskeletons Market by Country, 2022-2032, units 114

Table 22. U.S. Medical Exoskeletons Market by Function, 2022-2032, $ mn 118

Table 23. U.S. Medical Exoskeletons Market by Mobility, 2022-2032, $ mn 118

Table 24. U.S. Medical Exoskeletons Market by Application, 2022-2032, $ mn 118

Table 25. Canada Medical Exoskeletons Market by Function, 2022-2032, $ mn 120

Table 26. Canada Medical Exoskeletons Market by Mobility, 2022-2032, $ mn 120

Table 27. Canada Medical Exoskeletons Market by Application, 2022-2032, $ mn 120

Table 28. Mexico Medical Exoskeletons Market by Function, 2022-2032, $ mn 122

Table 29. Mexico Medical Exoskeletons Market by Mobility, 2022-2032, $ mn 122

Table 30. Mexico Medical Exoskeletons Market by Application, 2022-2032, $ mn 122

Table 31. Breakdown of World Market by Key Vendor, 2022, % 125

Table 32.  Main Vendors and Product Offerings 126

Table 33. Recent Development and Activities 129

Table 34. AlterG Inc.: Company Snapshot 131

Table 35. AlterG Inc.: Business Segmentation 132

Table 36. AlterG Inc.: Product Portfolio 132

 

 

 

 

 

List of Figures:

 

Figure 1.  Exemplary Pictures of Medical Exoskeletons 9

Figure 2. Research Method Flow Chart 13

Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 16

Figure 4. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 18

Figure 5. Industry Value Chain Analysis 21

Figure 6. North America Medical Exoskeletons Market by Revenue, 2022-2032, $ mn 22

Figure 7. North America Medical Exoskeletons Market by Shipment, 2022-2032, units 23

Figure 8. North America ASP of Medical Exoskeletons, 2022-2032, thousand USD/unit 23

Figure 9. Impact of COVID-19 on Business 27

Figure 10. Primary Drivers and Impact Factors of North America Medical Exoskeletons Market 33

Figure 11. World Smart Factory Market, 2019-2026, $ mn 36

Figure 12.  Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 37

Figure 13. World Population 65 and Over, % of Total Population, 1950-2060 37

Figure 14. Primary Restraints and Impact Factors of North America Medical Exoskeletons Market 39

Figure 15. Investment Opportunity Analysis 43

Figure 16. Porter’s Fiver Forces Analysis of North America Medical Exoskeletons Market 46

Figure 17. Breakdown of North America Medical Exoskeletons Market by Offering, 2022-2032, % of Revenue 51

Figure 18. North America Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 51

Figure 19. North America Medical Exoskeletons Market by Offering: Hardware, 2022-2032, $ mn 52

Figure 20. North America Medical Exoskeletons Market by Hardware: Sensors, 2022-2032, $ mn 53

Figure 21. North America Medical Exoskeletons Market by Hardware: Actuators, 2022-2032, $ mn 54

Figure 22. North America Medical Exoskeletons Market by Hardware: Power Sources, 2022-2032, $ mn 55

Figure 23. North America Medical Exoskeletons Market by Hardware: Controllers, 2022-2032, $ mn 56

Figure 24. North America Medical Exoskeletons Market by Hardware: Other Hardware, 2022-2032, $ mn 57

Figure 25. North America Medical Exoskeletons Market by Offering: Software, 2022-2032, $ mn 58

Figure 26. North America Medical Exoskeletons Market by Offering: Services, 2022-2032, $ mn 59

Figure 27. Breakdown of North America Medical Exoskeletons Market by Function, 2022-2032, % of Sales Revenue 61

Figure 28. North America Addressable Market Cap in 2023-2032 by Function, Value ($ mn) and Share (%) 61

Figure 29. Breakdown of North America Medical Exoskeletons Market by Function, 2022-2032, % of Shipment 63

Figure 30. North America Addressable Market Cap in 2023-2032 by Function, Shipment (units) and Share (%) 63

Figure 31. North America Medical Exoskeletons Market by Function: Upper Body Exoskeletons, 2022-2032, $ mn 64

Figure 32. North America Medical Exoskeletons Market by Function: Upper Body Exoskeletons, 2022-2032, units 65

Figure 33. North America Medical Exoskeletons Market by Function: Lower Body Exoskeletons, 2022-2032, $ mn 66

Figure 34. North America Medical Exoskeletons Market by Function: Lower Body Exoskeletons, 2022-2032, units 67

Figure 35. North America Medical Exoskeletons Market by Function: Full Body Exoskeletons, 2022-2032, $ mn 68

Figure 36. North America Medical Exoskeletons Market by Function: Full Body Exoskeletons, 2022-2032, units 69

Figure 37. Breakdown of North America Medical Exoskeletons Market by Mobility, 2022-2032, % of Sales Revenue 71

Figure 38. North America Addressable Market Cap in 2023-2032 by Mobility, Value ($ mn) and Share (%) 71

Figure 39. Breakdown of North America Medical Exoskeletons Market by Mobility, 2022-2032, % of Shipment 73

Figure 40. North America Addressable Market Cap in 2023-2032 by Mobility, Shipment (units) and Share (%) 73

Figure 41. North America Medical Exoskeletons Market by Mobility: Mobile Exoskeletons, 2022-2032, $ mn 74

Figure 42. North America Medical Exoskeletons Market by Mobility: Mobile Exoskeletons, 2022-2032, units 75

Figure 43. North America Medical Exoskeletons Market by Mobility: Stationary Exoskeletons, 2022-2032, $ mn 76

Figure 44. North America Medical Exoskeletons Market by Mobility: Stationary Exoskeletons, 2022-2032, units 77

Figure 45. North America Medical Exoskeletons Market by Mobility: Tethered Exoskeletons, 2022-2032, $ mn 78

Figure 46. North America Medical Exoskeletons Market by Mobility: Tethered Exoskeletons, 2022-2032, units 79

Figure 47. Breakdown of North America Medical Exoskeletons Market by Power, 2022-2032, % of Revenue 80

Figure 48. North America Addressable Market Cap in 2023-2032 by Power, Value ($ mn) and Share (%) 81

Figure 49. Breakdown of North America Medical Exoskeletons Market by Power, 2022-2032, % of Shipment 82

Figure 50. North America Addressable Market Cap in 2023-2032 by Power, Shipment (units) and Share (%) 83

Figure 51. North America Medical Exoskeletons Market by Power: Active/Powered Exoskeletons, 2022-2032, $ mn 84

Figure 52. North America Medical Exoskeletons Market by Power: Active/Powered Exoskeletons, 2022-2032, units 85

Figure 53. North America Medical Exoskeletons Market by Active/Powered Exoskeletons: Electric Actuator, 2022-2032, $ mn 86

Figure 54. North America Medical Exoskeletons Market by Active/Powered Exoskeletons: Pneumatic Actuator, 2022-2032, $ mn 87

Figure 55. North America Medical Exoskeletons Market by Active/Powered Exoskeletons: Hydraulic Actuator, 2022-2032, $ mn 88

Figure 56. North America Medical Exoskeletons Market by Active/Powered Exoskeletons: Mechanical Actuator, 2022-2032, $ mn 89

Figure 57. North America Medical Exoskeletons Market by Active/Powered Exoskeletons: Other Types, 2022-2032, $ mn 90

Figure 58. North America Medical Exoskeletons Market by Power: Passive Exoskeletons, 2022-2032, $ mn 91

Figure 59. North America Medical Exoskeletons Market by Power: Passive Exoskeletons, 2022-2032, units 92

Figure 60. Breakdown of North America Medical Exoskeletons Market by Structure, 2022-2032, % of Revenue 93

Figure 61. North America Addressable Market Cap in 2023-2032 by Structure, Value ($ mn) and Share (%) 94

Figure 62. Breakdown of North America Medical Exoskeletons Market by Structure, 2022-2032, % of Shipment 95

Figure 63. North America Addressable Market Cap in 2023-2032 by Structure, Shipment (units) and Share (%) 96

Figure 64. North America Medical Exoskeletons Market by Structure: Rigid Exoskeletons, 2022-2032, $ mn 97

Figure 65. North America Medical Exoskeletons Market by Structure: Rigid Exoskeletons, 2022-2032, units 98

Figure 66. North America Medical Exoskeletons Market by Structure: Soft Exoskeletons, 2022-2032, $ mn 99

Figure 67. North America Medical Exoskeletons Market by Structure: Soft Exoskeletons, 2022-2032, units 100

Figure 68. Breakdown of North America Medical Exoskeletons Market by Application, 2022-2032, % of Sales Revenue 102

Figure 69. North America Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 102

Figure 70. Breakdown of North America Medical Exoskeletons Market by Application, 2022-2032, % of Shipment 104

Figure 71. North America Addressable Market Cap in 2023-2032 by Application, Shipment (units) and Share (%) 104

Figure 72. North America Medical Exoskeletons Market by Application: Rehabilitation, 2022-2032, $ mn 105

Figure 73. North America Medical Exoskeletons Market by Application: Rehabilitation, 2022-2032, units 106

Figure 74. North America Medical Exoskeletons Market by Application: Mobility Aid, 2022-2032, $ mn 107

Figure 75. North America Medical Exoskeletons Market by Application: Mobility Aid, 2022-2032, units 108

Figure 76. North America Medical Exoskeletons Market by Application: Other Applications, 2022-2032, $ mn 109

Figure 77. North America Medical Exoskeletons Market by Application: Other Applications, 2022-2032, units 110

Figure 78. Breakdown of North America Medical Exoskeletons Market by Country, 2022 and 2032, % of Revenue 112

Figure 79. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 113

Figure 80. Breakdown of North America Medical Exoskeletons Market by Country, 2022 and 2032, % of Shipment 114

Figure 81. Contribution to North America 2023-2032 Cumulative Market by Country, Shipment (units) and Share (%) 115

Figure 82. U.S. Medical Exoskeletons Market, 2022-2032, $ mn 117

Figure 83. Canada Medical Exoskeletons Market, 2022-2032, $ mn 119

Figure 84.  Medical Exoskeletons Market in Mexico, 2022-2032, $ mn 121

Figure 85. Growth Stage of North America Medical Exoskeletons Industry over the Forecast Period 123