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Bionic Exoskeletons Market Size, Industry Trends, Leading Players, Market Share and Forecast 2020-2027 – Business


The
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. ....

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