Passive Robotic Exoskeleton Market

Global Passive Robotic Exoskeleton Market Size, Trends & Analysis - Forecasts to 2028 By Application (Load-Bearing Exoskeletons/Walking Assist Exoskeleton; Shoulder Support Exoskeletons; Back Support Exoskeletons), By End-User (Healthcare; Industrial; Defense & Aerospace; Others), By Region (North America, Asia Pacific, Central and South America, Europe, Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and Competitor Analysis

Category Healthcare

Format

This report was recently updated on July 20 2024 with the latest and most recent market numbers

Global Passive Robotic Exoskeleton Market Size

The Global Passive Robotic Exoskeleton Market is projected to grow at a CAGR of 19.9% from 2023 to 2028.

The passive exoskeleton can be defined as a human interface that helps to record motions of the upper body i.e. the arm and upper shoulder and the lower body i.e. the legs and feet in order to enable natural teleoperation of highly sophisticated robotic systems. These devices are different than active or powered exoskeleton robotic gears as they are not motorized and mostly used for ergonomic support to avoid repetitive injuries to the upper or lower body. Whereas, active exoskeleton robotic gears help in lifting procedure. Some of the main factors driving the market's expansion include the world's rapidly expanding elderly population, increased medical device acceptance rates across a variety of industries, including the automotive, military, defence, and construction sectors, and an increase in stroke occurrence.

The launch of various passive wearable robotic exoskeletons has made it possible to use robots to an unprecedented extent because these products perfectly complement the structure of the human body. These robotic gears help consumers perform basic tasks properly. Furthermore, wearable robots are being employed in a range of sectors, including construction, industry, military and war fighters among others. As they become a part of ordinary work culture, these robots can significantly aid the economy and also offer new degrees of employment needs in the coming years.

Elastic materials are used by passive exoskeletons manufacturers in order to store and release energy during lifting tasks. Instead of relying on a power source, they store energy using materials, springs, or dampers, then release it when needed. A few passive exoskeletons have reached the marketing phase, including Happyback, Personal Lifting Assist Device (PLAD), Laevo, and Bendezy. It has been demonstrated that they drastically lessen lower back muscle activity. A chest harness, waist belt, and leg units attach fibreglass rods that make up Happyback to one another. The elastic components that make up PLAD support some of the weight of the upper body when it bends down.

Laevo is a flexible exoskeleton that supports the back and chest while distributing some of the weight to the legs and chest. Bendezy is composed of a back unit, straps over the shoulders, back, and legs, and portion of the weight is supported by springs. Most of these passive exoskeletons just protect the muscles in the lower back and pay no attention to how tired the arm muscles become during lifting. Sadly, there is limited information on the local pain the exoskeleton causes.

global passive robotic exoskeleton market

Global Passive Robotic Exoskeleton Market: By Application

The passive robotic exoskeleton market based on application is segmented into load-bearing exoskeletons/walking assist exoskeleton; shoulder support exoskeletons; and back support exoskeletons. The load-bearing exoskeletons/walking assist exoskeleton segment is expected to be the largest segment in the market from 2023-2028. Considering the benefits offered by shoulder based exoskeleton gears, rising disability cases across geriatric patients, and rising awareness amongst patients regarding walking assist which is non-powered and yet pocket friendly, is driving the market growth.

Global Passive Robotic Exoskeleton Market: By End-User

The healthcare segment is anticipated to have the largest share in the market from 2023-2028. The prevalence of spinal cord injuries (SCIs), the widespread usage of these products and solutions in rehabilitation centres, and a noteworthy growth in the number of patients receiving treatment are the main causes of this. The demand for and adoption rate of exoskeleton goods in the healthcare sector are also being driven by an increase in the number of regulatory approvals and an increase in public awareness of technologically advanced systems.

asia pacific passive robotic exoskeleton market

Global Passive Robotic Exoskeleton Market: By Region

The passive robotic exoskeleton market based on geography is segmented into North America, Asia Pacific, Central and South America, Europe, and the Middle East and Africa. North America is expected to be the largest market during the forecast period.

Asia Pacific is analyzed to be the fastest growing segment in the market from 2023-2028, mainly due to rapidly growing patient base requiring assistance with rehabilitation.

Global Passive Robotic Exoskeleton Market Share and Competitor Analysis

Exhauss, Gobio Robot, Lockheed Martin, StrongArmTech, IUVO, Japet, Laevo, Levitate, Maroon Assistive Technologies, Mawashi Science & Technology, MEBSTER s.r.o., MechLab, Ottobock, Skelex, and suitX among others, are some of the key players in the global passive robotic exoskeleton market.

Please note: This is not an exhaustive list of companies profiled in the report.

1 STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1 Strategic Opportunity & Attractiveness Analysis

1.1.1 Hot Revenue Pockets

1.1.2 Market Attractiveness Score

1.1.3 Revenue Impacting Opportunity

1.1.4 High Growing Region/Country

1.1.5 Competitor Analysis

1.1.6 Consumer Analysis

1.2 Global Market Estimates' View

1.3 Strategic Insights across Business Functions

1.3.1 For Chief Executive Officers

1.3.2 For Chief Marketing Officers

1.3.3 For Chief Strategy Officers

1.4 Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2 TECHNOLOGICAL TRENDS

2.1 Technological Adoption Rate

2.2 Current Trend Impact Analysis

2.3 Future Trend Impact Analysis

2.4 Data Metrics on Feed Stocks

3 GLOBAL MARKET OUTLOOK

3.1 Market Pyramid Analysis

3.1.1 Introduction

3.1.2 Adjacent Market Opportunities

3.1.3 Ancillary Market Opportunities

3.2 Demand Side Analysis

3.2.1 Market Drivers: Impact Analysis

3.2.2 Market Restraints: Impact Analysis

3.2.3 Market Opportunities: Impact Analysis

3.2.4 Market Challenges: Impact Analysis

3.3 Supply Side Analysis

3.3.1 Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2 SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3 Value Chain Analysis

3.3.4 Trend Analysis

3.3.5 Gap Analysis

3.3.6 Cost Analysis

4 GLOBAL PASSIVE ROBOTIC EXOSKELETON MARKET, BY APPLICATION

4.1 Introduction

4.2 Passive Robotic Exoskeleton Market: Application Scope Key Takeaways

4.3 Revenue Growth Analysis, 2022 & 2028

4.4 Load-Bearing Exoskeletons/Walking Assist Exoskeleton

4.4.1 Load-Bearing Exoskeletons/Walking Assist Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

4.5 Shoulder Support Exoskeletons

4.5.1 Shoulder Support Exoskeletons Market Estimates and Forecast, 2020-2028 (USD Million)

4.6 Back Support Exoskeletons

4.6.1 Back Support Exoskeletons Market Estimates and Forecast, 2020-2028 (USD Million)

5 GLOBAL PASSIVE ROBOTIC EXOSKELETON MARKET, BY END USE

5.1 Introduction

5.2 Passive Robotic Exoskeleton Market: End Use Scope Key Takeaways

5.3 Revenue Growth Analysis, 2022 & 2028

5.4 Healthcare

5.4.1 Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)

5.5 Industrial

5.5.1 Industrial Market Estimates and Forecast, 2020-2028 (USD Million)

5.5 Defense & Aerospace

5.5.1 Defense & Aerospace Market Estimates and Forecast, 2020-2028 (USD Million)

5.5 Others

5.5.1 Others Market Estimates and Forecast, 2020-2028 (USD Million)

6 GLOBAL PASSIVE ROBOTIC EXOSKELETON MARKET, BY REGION

6.1 Introduction

6.2 North America Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.1 By Application

6.2.2 By End Use

6.2.3 By Country

6.2.3.1 U.S. Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.1.1 By Application

6.2.3.1.2 By End Use

6.2.3.2 Canada Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.2.1 By Application

6.2.3.2.2 By End Use

6.2.3.3 Mexico Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.3.1 By Application

6.2.3.3.2 By End Use

6.3 Europe Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.1 By Application

6.3.2 By End Use

6.3.3 By Country

6.3.3.1 Germany Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.1.1 By Application

6.3.3.1.2 By End Use

6.3.3.2 U.K. Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.2.1 By Application

6.3.3.2.2 By End Use

6.3.3.3 France Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.3.1 By Application

6.3.3.3.2 By End Use

6.3.3.4 Italy Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.4.1 By Application

6.3.3.4.2 By End Use

6.3.3.5 Spain Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.5.1 By Application

6.3.3.5.2 By End Use

6.3.3.6 Netherlands Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.6.1 By Application

6.3.3.6.2 By End Use

6.3.3.7 Rest of Europe Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.6.1 By Application

6.3.3.6.2 By End Use

6.4 Asia Pacific Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.1 By Application

6.4.2 By End Use

6.4.3 By Country

6.4.3.1 China Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.1.1 By Application

6.4.3.1.2 By End Use

6.4.3.2 Japan Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.2.1 By Application

6.4.3.2.2 By End Use

6.4.3.3 India Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.3.1 By Application

6.4.3.3.2 By End Use

6.4.3.4 South Korea Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.4.1 By Application

6.4.3.4.2 By End Use

6.4.3.5 Singapore Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.5.1 By Application

6.4.3.5.2 By End Use

6.4.3.6 Malaysia Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.6.1 By Application

6.4.3.6.2 By End Use

6.4.3.7 Thailand Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.6.1 By Application

6.4.3.6.2 By End Use

6.4.3.8 Indonesia Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.7.1 By Application

6.4.3.7.2 By End Use

6.4.3.9 Vietnam Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.8.1 By Application

6.4.3.8.2 By End Use

6.4.3.10 Taiwan Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.10.1 By Application

6.4.3.10.2 By End Use

6.4.3.11 Rest of Asia Pacific Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.11.1 By Application

6.4.3.11.2 By End Use

6.5 Middle East & Africa Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.1 By Application

6.5.2 By End Use

6.5.3 By Country

6.5.3.1 Saudi Arabia Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.1.1 By Application

6.5.3.1.2 By End Use

6.5.3.2 U.A.E. Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.2.1 By Application

6.5.3.2.2 By End Use

6.5.3.3 Israel Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.3.1 By Application

6.5.3.3.2 By End Use

6.5.3.4 South Africa Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.4.1 By Application

6.5.3.4.2 By End Use

6.5.3.5 Rest of Middle East & Africa Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.5.1 By Application

6.5.3.5.2 By End Use

6.6 Central & South America Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.1 By Application

6.6.2 By End Use

6.6.3 By Country

6.6.3.1 Brazil Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.1.1 By Application

6.6.3.1.2 By End Use

6.6.3.2 Argentina Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.2.1 By Application

6.6.3.2.2 By End Use

6.6.3.3 Chile Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.3.1 By Application

6.6.3.3.2 By End Use

6.6.3.3 Rest of Central & South America Passive Robotic Exoskeleton Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.3.1 By Application

6.6.3.3.2 By End Use

7 COMPETITIVE LANDCAPE

7.1 Company Market Share Analysis

7.2 Four Quadrant Positioning Matrix

7.2.1 Market Leaders

7.2.2 Market Visionaries

7.2.3 Market Challengers

7.2.4 Niche Market Players

7.3.4 Rest of the World

7.4 Company Profiles

7.4.1 Exhauss

7.4.1.1 Business Description & Financial Analysis

7.4.1.2 SWOT Analysis

7.4.1.3 Products & Services Offered

7.4.1.4 Strategic Alliances between Business Partners

7.4.2 Gobio Robot

7.4.2.1 Business Description & Financial Analysis

7.4.2.2 SWOT Analysis

7.4.2.3 Products & Services Offered

7.4.2.4 Strategic Alliances between Business Partners

7.4.3 Lockheed Martin

7.4.3.1 Business Description & Financial Analysis

7.4.3.2 SWOT Analysis

7.4.3.3 Products & Services Offered

7.4.3.4 Strategic Alliances between Business Partners

7.4.4 StrongArmTech

7.4.4.1 Business Description & Financial Analysis

7.4.4.2 SWOT Analysis

7.4.4.3 Products & Services Offered

7.4.4.4 Strategic Alliances between Business Partners

7.4.5 IUVO

7.4.5.1 Business Description & Financial Analysis

7.4.5.2 SWOT Analysis

7.4.5.3 Products & Services Offered

7.4.5.4 Strategic Alliances between Business Partners

7.4.6 JAPET

7.4.6.1 Business Description & Financial Analysis

7.4.6.2 SWOT Analysis

7.4.6.3 Products & Services Offered

7.4.6.4 Strategic Alliances between Business Partners

7.4.7 Laevo

7.4.7.1 Business Description & Financial Analysis

7.4.7.2 SWOT Analysis

7.4.7.3 Products & Services Offered

7.4.7.4 Strategic Alliances between Business Partners

7.4.8 Levitate

7.4.8.1 Business Description & Financial Analysis

7.4.8.2 SWOT Analysis

7.4.8.3 Products & Services Offered

7.4.8.4 Strategic Alliances between Business Partners

7.4.9 Maroon Assistive Technologies

7.4.9.1 Business Description & Financial Analysis

7.4.9.2 SWOT Analysis

7.4.9.3 Products & Services Offered

7.4.9.4 Strategic Alliances between Business Partners

7.4.10 Mawashi Science & Technology

7.4.10.1 Business Description & Financial Analysis

7.4.10.2 SWOT Analysis

7.4.10.3 Products & Services Offered

7.4.10.4 Strategic Alliances between Business Partners

7.4.11 Other Companies

7.4.11.1 Business Description & Financial Analysis

7.4.11.2 SWOT Analysis

7.4.11.3 Products & Services Offered

7.4.11.4 Strategic Alliances between Business Partners

8 RESEARCH METHODOLOGY

8.1 Market Introduction

8.1.1 Market Definition

8.1.2 Market Scope & Segmentation

8.2 Information Procurement

8.2.1 Secondary Research

8.2.1.1 Purchased Databases

8.2.1.2 GMEs Internal Data Repository

8.2.1.3 Secondary Resources & Third Party Perspectives

8.2.1.4 Company Information Sources

8.2.2 Primary Research

8.2.2.1 Various End Use of Respondents for Primary Interviews

8.2.2.2 Number of Interviews Conducted throughout the Research Process

8.2.2.3 Primary Stakeholders

8.2.2.4 Discussion Guide for Primary Participants

8.2.3 Expert Panels

8.2.3.1 Expert Panels Across 30+ Industry

8.2.4 Paid Local Experts

8.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

8.3 Market Estimation

8.3.1 Top-Down Approach

8.3.1.1 Macro-Economic Indicators Considered

8.3.1.2 Micro-Economic Indicators Considered

8.3.2 Bottom Up Approach

8.3.2.1 Company Share Analysis Approach

8.3.2.2 Estimation of Potential Product Sales

8.4 Data Triangulation

8.4.1 Data Collection

8.4.2 Time Series, Cross Sectional & Panel Data Analysis

8.4.3 Cluster Analysis

8.5 Analysis and Output

8.5.1 Inhouse AI Based Real Time Analytics Tool

8.5.2 Output From Desk & Primary Research

8.6 Research Assumptions & Limitations

8.6.1 Research Assumptions

8.6.2 Research Limitations

LIST OF TABLES

1 Global Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

2 Load-Bearing Exoskeletons/Walking Assist Exoskeleton Market, By Region, 2020-2028 (USD Mllion)

3 Shoulder Support Exoskeletons Market, By Region, 2020-2028 (USD Mllion)

4 Back Support Exoskeletons Market, By Region, 2020-2028 (USD Mllion)

5 Global Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

6 Healthcare Market, By Region, 2020-2028 (USD Mllion)

7 Industrial Market, By Region, 2020-2028 (USD Mllion)

8 Defense & aerospace Market, By Region, 2020-2028 (USD Mllion)

9 others Market, By Region, 2020-2028 (USD Mllion)

10 Regional Analysis, 2020-2028 (USD Mllion)

11 North America Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

12 North America Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

13 U.S. Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

14 U.S. Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

15 Canada Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

16 Canada Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

17 Mexico Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

18 Mexico Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

19 Europe Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

20 Europe Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

21 Germany Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

22 Germany Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

23 U.K. Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

24 U.K. Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

25 France Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

26 France Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

27 Italy Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

28 Italy Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

29 Spain Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

30 Spain Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

31 Netherlands Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

32 Netherlands Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

33 Rest Of Europe Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

34 Rest Of Europe Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

35 Asia Pacific Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

36 Asia Pacific Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

37 China Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

38 China Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

39 Japan Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

40 Japan Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

41 India Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

42 India Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

43 South Korea Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

44 South Korea Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

45 Singapore Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

46 Singapore Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

47 Thailand Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

48 Thailand Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

49 Malaysia Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

50 Malaysia Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

51 Indonesia Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

52 Indonesia Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

53 Vietnam Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

54 Vietnam Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

55 Taiwan Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

56 Taiwan Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

57 Rest of APAC Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

58 Rest of APAC Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

59 Middle East & Africa Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

60 Middle East & Africa Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

61 Saudi Arabia Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

62 Saudi Arabia Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

63 UAE Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

64 UAE Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

65 Israel Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

66 Israel Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

67 South Africa Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

68 South Africa Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

69 Rest Of Middle East & Africa Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

70 Rest Of Middle East & Africa Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

71 Central & South America Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

72 Central & South America Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

73 Brazil Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

74 Brazil Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

75 Chile Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

76 Chile Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

77 Argentina Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

78 Argentina Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

79 Rest Of Central & South America Passive Robotic Exoskeleton Market, By Application, 2020-2028 (USD Mllion)

80 Rest Of Central & South America Passive Robotic Exoskeleton Market, By End Use, 2020-2028 (USD Mllion)

81 Exhauss: Products & Services Offering

82 Gobio Robot: Products & Services Offering

83 Lockheed Martin: Products & Services Offering

84 StrongArmTech: Products & Services Offering

85 IUVO: Products & Services Offering

86 JAPET: Products & Services Offering

87 Laevo : Products & Services Offering

88 Levitate: Products & Services Offering

89 Maroon Assistive Technologies, Inc: Products & Services Offering

90 Mawashi Science & Technology: Products & Services Offering

91 Other Companies: Products & Services Offering

LIST OF FIGURES

1 Global Passive Robotic Exoskeleton Market Overview

2 Global Passive Robotic Exoskeleton Market Value From 2020-2028 (USD Mllion)

3 Global Passive Robotic Exoskeleton Market Share, By Application (2022)

4 Global Passive Robotic Exoskeleton Market Share, By End Use (2022)

5 Global Passive Robotic Exoskeleton Market, By Region (Asia Pacific Market)

6 Technological Trends In Global Passive Robotic Exoskeleton Market

7 Four Quadrant Competitor Positioning Matrix

8 Impact Of Macro & Micro Indicators On The Market

9 Impact Of Key Drivers On The Global Passive Robotic Exoskeleton Market

10 Impact Of Challenges On The Global Passive Robotic Exoskeleton Market

11 Porter’s Five Forces Analysis

12 Global Passive Robotic Exoskeleton Market: By Application Scope Key Takeaways

13 Global Passive Robotic Exoskeleton Market, By Application Segment: Revenue Growth Analysis

14 Load-Bearing Exoskeletons/Walking Assist Exoskeleton Market, By Region, 2020-2028 (USD Mllion)

15 Shoulder Support Exoskeletons Market, By Region, 2020-2028 (USD Mllion)

16 Back Support Exoskeletons Market, By Region, 2020-2028 (USD Mllion)

17 Global Passive Robotic Exoskeleton Market: By End Use Scope Key Takeaways

18 Global Passive Robotic Exoskeleton Market, By End Use Segment: Revenue Growth Analysis

19 Healthcare Market, By Region, 2020-2028 (USD Mllion)

20 Industrial Market, By Region, 2020-2028 (USD Mllion)

21 Defense & Aerospace Market, By Region, 2020-2028 (USD Mllion)

22 Others Market, By Region, 2020-2028 (USD Mllion)

23 Regional Segment: Revenue Growth Analysis

24 Global Passive Robotic Exoskeleton Market: Regional Analysis

25 North America Passive Robotic Exoskeleton Market Overview

26 North America Passive Robotic Exoskeleton Market, By Application

27 North America Passive Robotic Exoskeleton Market, By End Use

28 North America Passive Robotic Exoskeleton Market, By Country

29 U.S. Passive Robotic Exoskeleton Market, By Application

30 U.S. Passive Robotic Exoskeleton Market, By End Use

31 Canada Passive Robotic Exoskeleton Market, By Application

32 Canada Passive Robotic Exoskeleton Market, By End Use

33 Mexico Passive Robotic Exoskeleton Market, By Application

34 Mexico Passive Robotic Exoskeleton Market, By End Use

35 Four Quadrant Positioning Matrix

36 Company Market Share Analysis

37 Exhauss: Company Snapshot

38 Exhauss: SWOT Analysis

39 Exhauss: Geographic Presence

40 Gobio Robot: Company Snapshot

41 Gobio Robot: SWOT Analysis

42 Gobio Robot: Geographic Presence

43 Lockheed Martin: Company Snapshot

44 Lockheed Martin: SWOT Analysis

45 Lockheed Martin: Geographic Presence

46 StrongArmTech: Company Snapshot

47 StrongArmTech: Swot Analysis

48 StrongArmTech: Geographic Presence

49 IUVO: Company Snapshot

50 IUVO: SWOT Analysis

51 IUVO: Geographic Presence

52 JAPET: Company Snapshot

53 JAPET: SWOT Analysis

54 JAPET: Geographic Presence

55 Laevo : Company Snapshot

56 Laevo : SWOT Analysis

57 Laevo : Geographic Presence

58 Levitate: Company Snapshot

59 Levitate: SWOT Analysis

60 Levitate: Geographic Presence

61 Maroon Assistive Technologies, Inc.: Company Snapshot

62 Maroon Assistive Technologies, Inc.: SWOT Analysis

63 Maroon Assistive Technologies, Inc.: Geographic Presence

64 Mawashi Science & Technology: Company Snapshot

65 Mawashi Science & Technology: SWOT Analysis

66 Mawashi Science & Technology: Geographic Presence

67 Other Companies: Company Snapshot

68 Other Companies: SWOT Analysis

69 Other Companies: Geographic Presence

The Global Passive Robotic Exoskeleton Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Passive Robotic Exoskeleton Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

We value your investment and offer free customization with every report to fulfil your exact research needs.

This website is secure and your personal details are safe. Privacy

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

What is the projected market size of the passive robotic exoskeleton market?

The passive robotic exoskeleton market is projected to grow at a CAGR of 19.9% from 2023 to 2028.

Who are the major vendors in the passive robotic exoskeleton market?

What are the opportunities prevailing in the global passive robotic exoskeleton market?

Passive robotic exoskeleton markets opportunity are rising demand from the medical industry or the health care sector, and increasing awareness regarding non-powered exoskeleton gears across military & defense sector. The market is further anticipated to grow owing to rising ageing population and rising prevalence of health conditions such as paralysis, muscular dystrophy, and general tiredness.

What are the major drivers in the passive robotic exoskeleton market?

Some of the main factors driving the markets expansion include the worlds rapidly expanding elderly population, increased medical device acceptance rates across a variety of industries, including the automotive, military, defence, and construction sectors, and an increase in stroke occurrence.