GLOBAL MEDICAL EXOSKELETON MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Global Medical Exoskeleton Market, By Type (Lower Body Exoskeletons, Upper Body Exoskeletons, Full Body Exoskeletons, Others (Soft Exoskeletons, Active Exoskeletons, Passive Exoskeletons)), By Mobility(Mobile Exoskeletons, Stationary Exoskeletons, Fixed Exoskeletons), By End User (Rehabilitation Centers, Hospitals, Long Term Care Centers, Homecare Settings, Others (Industrial Sites, Military)), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Global Medical Exoskeleton Market Regional Insights:

North America is expected to be the largest market for the global medical exoskeleton market during the forecast period, accounting for over 38% of the market share in 2022. The growth of the market in North America is attributed to the rising incidences of mobility disabilities, the presence of key players, and increasing investments in exoskeleton research and development
The Europe market is expected to be the second-largest market for the global medical exoskeleton market, accounting for over 28% of the market share in 2022. The growth of the market in Europe is attributed to favorable government initiatives, an increasing geriatric population, and the rising adoption of connected exoskeletons.

The Asia Pacific market is expected to be the fastest-growing market for the global medical exoskeleton market, with a CAGR of over 27% during the forecast period. The growth of the market in Asia Pacific is attributed to improving healthcare infrastructure, increasing healthcare expenditure, and growing awareness about exoskeletons.