Report Content
Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Research design
1.2.1 Research approach
1.2.2 Data collection methods
1.3 Base estimates & calculations
1.3.1 Base year calculation
1.3.2 Key trends for market estimation
1.4 Forecast model
1.5 Primary research and validation
1.5.1 Primary sources
1.5.2 Data mining sources
Chapter 2 Executive Summary
2.1 Industry 3600 synopsis
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.1.1 Growing cases of Parkinson’s and other muscle-related diseases
3.2.1.2 Increasing investment in the development of exoskeleton technology
3.2.1.3 Technological advancements in wearable robots
3.2.2 Industry pitfalls & challenges
3.2.2.1 High cost of equipment
3.3 Growth potential analysis
3.4 Regulatory landscape
3.4.1 North America
3.4.2 Europe
3.4.3 Asia Pacific
3.4.4 Latin America
3.4.5 MEA
3.5 Technology & innovation landscape
3.5.1 Thought control in exoskeleton
3.5.2 4D material for exosuits
3.5.3 Structured functional textiles based multi-joint-soft-exosuit
3.6 Pricing analysis
3.7 Reimbursement scenario
3.8 Porter's analysis
3.9 PESTEL analysis
3.10 Future market trends
3.11 Gap analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company matrix analysis
4.3 Company market share analysis
4.4 Competitive analysis of major market players
4.5 Competitive positioning matrix
4.6 Strategy dashboard
Chapter 5 Market Estimates and Forecast, By Product Type, 2021 – 2032 ($ Mn)
5.1 Key trends
5.2 Powered devices
5.2.1 Hybrid
5.2.2 Electric actuator
5.2.3 Pneumatic actuator
5.2.4 Hydraulic actuator
5.2.5 Other powered devices
5.3 Passive devices
Chapter 6 Market Estimates and Forecast, By Structure, 2021 – 2032 ($ Mn)
6.1 Key trends
6.2 Soft
6.3 Rigid
Chapter 7 Market Estimates and Forecast, By Material, 2021 – 2032 ($ Mn)
7.1 Key trends
7.2 Combination
7.3 3D printed
7.4 Metal
7.5 Plastic
7.6 Other materials
Chapter 8 Market Estimates and Forecast, By Body Part, 2021 – 2032 ($ Mn)
8.1 Key trends
8.2 Lower body
8.3 Upper body
8.4 Full body
Chapter 9 Market Estimates and Forecast, By Application, 2021 – 2032 ($ Mn)
9.1 Key trends
9.2 Stroke
9.3 Spinal cord injury
9.4 Traumatic brain injury
9.5 Other applications
Chapter 10 Market Estimates and Forecast, By End Use, 2021 – 2032 ($ Mn)
10.1 Key trends
10.2 Institutional
10.3 Homecare
Chapter 11 Market Estimates and Forecast, By Region, 2021 – 2032 ($ Mn)
11.1 Key trends
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Spain
11.3.5 Italy
11.3.6 Netherlands
11.3.7 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 Australia
11.4.5 South Korea
11.4.6 Rest of Asia Pacific
11.5 Latin America
11.5.1 Brazil
11.5.2 Mexico
11.5.3 Argentina
11.5.4 Rest of Latin America
11.6 Middle East and Africa
11.6.1 South Africa
11.6.2 Saudi Arabia
11.6.3 UAE
11.6.4 Rest of Middle East and Africa
Chapter 12 Company Profiles
12.1 ANGEL ROBOTICS
12.2 Bioservo Technologies AB
12.3 CYBERDYNE INC.
12.4 DIH Medical
12.5 ExoAtlet
12.6 Ekso Bionics Holdings Inc.
12.7 Fourier Intelligence
12.8 GenElek Technologies Pvt. Ltd.
12.9 Myomo, Inc.
12.10 Ottobock SE & Co. KGaA
12.11 ReWalk Robotics
12.12 Reha-Stim Medtec AG
12.13 Rex Bionics Ltd.
12.14 Wearable Robotics srl
12.15 TYROMOTION GMBH
Healthcare Wearable Robots Market Size
The healthcare wearable robots market was valued at USD 443 million in 2023 and is expected to exhibit growth at a CAGR of 29.1% from 2024 to 2032. High market growth can be primarily attributed to rising incidence of disabilities, increasing focus on patient independence, supportive government initiatives and funding, and growing interest in exoskeletons.
With rising healthcare expenditures and increased demand for innovative rehabilitation solutions, healthcare organizations are increasingly adopting exoskeletons. This trend has encouraged greater investment from both public and private sectors to advance technologies that improve mobility and patient outcomes. For instance, in June 2024, Ekso Bionics Holdings, Inc. announced that it has signed a research partnership with Shepherd Center, a rehabilitation hospital in Atlanta, U.S. This partnership will enable the company to incorporate its Ekso Indego and EksoNR devices across all rehabilitation and community network centers to provide improved patient support.
Additionally, patients with Parkinson’s and other muscle-related diseases often require long-term rehabilitation to manage symptoms and improve mobility. Wearable robots offer an innovative solution for rehabilitation, as they provide physical support and allow patients to participate in more effective and intensive rehabilitation exercises. The demand for rehabilitation services is growing as the number of patients with these diseases increases, leading to higher adoption of wearable robotic devices.
Healthcare wearable robots are advanced robotic devices that are worn on the body to assist with movement, rehabilitation, or support for individuals with mobility impairments or muscle-related conditions. These robots are typically designed in the form of exoskeletons or robotic suits, which enhance or restore physical capabilities for patients with disabilities, injuries, or neurodegenerative diseases such as Parkinson’s, stroke, or spinal cord injuries.
Healthcare Wearable Robots Market Trends
The technological advancements have led to more effective, personalized, and widely adopted healthcare wearable robots, improving patient outcomes in mobility assistance and rehabilitation settings.
Healthcare Wearable Robots Market Analysis
Based on product type, the market is classified into powered devices and passive devices. The powered devices segment generated the highest revenue of USD 365.9 million in 2023.
Based on structure, the healthcare wearable robots market is categorized into soft and rigid. The soft segment accounted for dominating share and was valued at USD 390.2 million in 2023.
Based on material, the healthcare wearable robots market is categorized into combination, 3D printed, metal, plastic, and other materials. The combination segment accounted for leading revenue share and was valued at USD 123 million in 2023.
Based on body part, the healthcare wearable robots market is categorized into lower body, upper body and full body. The lower body segment accounted for majority market share and was valued at USD 327.4 million in 2023.
Based on application, the healthcare wearable robots market is categorized into stroke, spinal cord injury, traumatic brain injury, and other applications. The stroke segment accounted for dominating share and was valued at USD 235.3 million in 2023.
Based on end-use, the healthcare wearable robots market is segmented into institutional and homecare. The homecare segment held significant share and is anticipated to witness higher growth at a CAGR of 29.5% over the forecast period.
North America healthcare wearable robots market accounted for USD 193.3 million market revenue in 2023 and is anticipated to grow at CAGR of 28.4% between 2024 and 2032 period.
U.S. healthcare wearable robots market accounted for USD 174.6 million market revenue in 2023 and is estimated to hold substantial growth between 2024 and 2032.
UK healthcare wearable robots market is projected to grow remarkably in the coming years.
Japan holds a dominant position in the Asia Pacific healthcare wearable robots market.
Healthcare Wearable Robots Market Share
Key players in the market are focusing on several strategic areas to drive growth, innovation, and market penetration. These strategies include advancements in technology, partnerships, product development, and expanding applications of wearable robots in various healthcare settings.
Healthcare Wearable Robots Market Companies
Prominent players operating in the healthcare wearable robots industry include:
Healthcare Wearable Robots Industry News:
The healthcare wearable robots market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments:
Market, By Product Type
Market, By Structure
Market, By Material
Market, By Body Part
Market, By Application
Market, By End-use
The above information is provided for the following regions and countries: