The report includes forecast and analysis for the Bionic Exoskeletons market on a global and regional level. The research gives important data of 2015, 2016 and 2017 along with a projection from 2018 to 2026 based on revenue. The study covers drivers and limitations of the Bionic Exoskeletons market along with the impact they have on the trade over the forecast period. Additionally, the report covers the study of possibilities available in the Bionic Exoskeletons market on a global level. View further details about this report : http://www.researchcorridor.com/bionic-exoskeletons-market/ The report aims to present a study of Global Bionic Exoskeletons Market…
Ottobock announces the acquisition of 100% of the shares of suitX, a US-based company that specializes in the research and development of occupational and medical exoskeletons.
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global bionic exoskeletons market size was accounted for USD 1,176 million in 2020 and expected to grow at a significant CAGR of 7.8% during the forecast period 2021 to 2027 and projected to reach around USD 2 billion by 2027. The growing number of limb amputations globally is a key factor to drive the market growth. Furthermore, increasing investment by the defense to enhance bionic exoskeletons technology is another factor to propel the market over the forecast period.
The global bionic exoskeletons market is segmented by type, end-user, and geography. On the basis of type, the market is further divided into stationary and mobile. The stationary segment held the largest market share of bionic exoskeletons. The segment growth is attributed to its ergonomic feature which is capable to provide power and strength to the weakened organs and make the body part stronger.