Home » Information and Communications Technology » Technology & Media » Wearable Robots Market

Wearable Robots Market By Type (Powered Exoskeletons, Passive Exoskeletons) By Application (Healthcare, Military and Defence, Industries, Other) – Growth, Future Prospects, Competitive Analysis And Forecast 2016 – 2028

Summary
Table Of Content

About this report

The Global Wearable Robots Market report explores the critical analysis of the wearable robots industry using key parameters. The report consists of investment strategies, the need for investments in the wearable robots industry, and the multiple benefits for investors. Importantly, this report sets out major changes in the global technical regulations for the wearable robots industry and how economic and non-economic barriers are helping the market grow. Moreover, the report analyses the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses include Porter’s five forces analysis, PESTEL analysis, value chain analysis, etc.

Key Highlights of the report

How are the major segments performing in the Wearable Robots Market?

The powered exoskeletons segment led the market in terms of type in 2021 and is expected to continue throughout the projection period. Powered exoskeletons are widely used in defense and industrial applications to allow people to move heavy loads with minimal fatigue. These exoskeletons can increase their endurance, enabling military personnel to move for longer as they are expected to endure arduous physical hardships.

The healthcare segment led the market in 2021, owing to the increasing prevalence of walking disabilities, Spinal Cord Injuries (SCIs), and extreme backache issues. Rising awareness of technologically advanced systems and an aging population further drive demand for exoskeleton products in the healthcare sector.

Access crucial information at unmatched prices!

Request your free sample report today & start making informed decisions powered by Credence Research!

Download Free Sample

Which region dominated the Wearable Robots Market?

North America dominated the global wearable robots market in 2021, owing to the presence of industry leaders in the region and rising research and development activities to launch new wearables, which drive the market growth. The North American government’s heavy spending on healthcare and the military and defense sector has also contributed to the market’s growth. Besides, the rapid adoption of technologically advanced devices, combined with massive disposable income, aids the regional growth of the wearable robotic market. Furthermore, increasing R&D activities to develop more technologically advanced and effective products will drive market growth over the forecast period.

What is the competitive environment of the Wearable Robots Market?

The global wearable robot market is competitive and fragmented. Major industry participants constantly implement various growth strategies to maintain a competitive edge. These players use mergers, innovations, collaborations, acquisitions, and partnerships to thrive in a competitive market. The major players in the wearable robots market are constantly focusing on exoskeleton R&D to provide industries with the most effective and cost-effective solutions. For instance, Conklin revealed bullet-resistant wearable robotic exoskeletons in June 2022. The wearable robotic exoskeletons, which come in various colors, resemble ordinary book bags but are lined with sewn-in armor capable of stopping 95% of gun rounds used in gun-related homicides. On the other hand, USWE Sports AB, a wearable robotic exoskeleton company based in Malmo, Sweden, acquired Bend-based Giant Loop LLC in June 2022, a Powersports brand well-known for its innovative off-road motorbike soft luggage designs.

Executive Summary

What are all the technical developments being developed in the Wearable Robots Market?

The enormous potential of the technology has aided in the development of more affordable and efficient wearable robots. The numerous robotics and artificial intelligence research and development projects contribute to expanding the global market. Every industry is moving toward innovation and adopting innovative technologies as the world moves toward continued technological growth. However, the technology has already entered several sectors, particularly healthcare and military services, where it has demonstrated exceptional results. For example, in the military, the device can be used to improve military men’s endurance, mobility, strength, and load-carrying capacity. In addition, companies like Tendo AB have adapted space technology to develop a wearable exoskeleton that meets the urgent needs of paralyzed patients with limited hand function. The product features a patented actuator system with artificial tendons running along the batteries, fingers, and motor. The grip is formed by pulling the tendons. The market has also seen product and technological innovations. For instance, Hilti announced the release of its first exoskeleton, the EXO-O1, in August 2020 to reduce the strain on construction workers. This new wearable, developed in collaboration with biometric company Ottobock, was designed to relieve 47% of the stress caused by users lifting their arms above their heads.

Which are the key investments by the Wearable Robots Market players?

Wearable robot technology has advanced significantly in recent years. The market has seen an increase in technological investments to improve its functionality. Extensive research and development investments in wearable robots for industrial, medical, and defense applications are expected to impact market growth during the forecast period significantly. Every country heavily invests in upgrading its military structure to ensure future security. For instance, the Defense Research and Development Organization (DRDO) works on a wearable exoskeleton for Indian soldiers operating at high altitudes. Also, Sarcos Robotics, a startup developing defense and industrial robots, raised USD 40 million in equity financing in September 2020, bringing its total venture capital to nearly USD 100 million. The capital would be used to commercialize the Guardian XO, the company’s first full-body, self-powered wearable robots product. Furthermore, several companies are receiving significant funding in this sector to create a hybrid work environment that combines the brains of humans with the strength of robots. Verve Motion raised USD 15 million in July 2021 to deploy exo-suites for the grocery workforce.

Some of the major players in the market are Raytheon Technologies, Lockheed Martin, BAE Systems, Panasonic, Honda, Daewoo, Noonee, Revision Military, China North Industries Group Corporation (NORINCO), Rex Bionics Ltd, Parker Hannifin, Ekso Bionics, Cyberdyne Inc.

What are the Major Driving Factors for the Wearable Robots Market?

The wearable robot market has grown rapidly as machine intelligence has surpassed human intelligence in the defense industry, and there is an increase in demand for exoskeletons for rehabilitation applications, which is expected to grow further with the rapid growth of the senior population. Recent advancements in wearable exoskeleton components and services have enabled wearable robot technology to reach a broader segment of the industry’s consumers. Wearable robots are becoming more common in a variety of industries around the world as technology advances. Technology advancements such as interactive artificial intelligence (AI), the Internet of Things (IoT), interactive learning, virtual guidance, and digital assistants in wearable robots have benefited the logistics, medical, and engineering sectors.

What are the Major Risks for the Wearable Robots Market?

The high initial costs of advanced devices limit the market for wearable robots over the forecast period. Besides, wearable exoskeletons have numerous sensors and motors, which raises the overall cost significantly. Moreover, research into developing appropriate software and hardware for modification and personalized usage raises costs, restraining market growth. Furthermore, many insurance companies continue to limit their coverage by refusing to fund robotics-based therapy. This is primarily due to the high cost of wearable robots, which complicates the development of insurance plans and policies.

Which is the key Application in the Wearable Robots Market?

In 2021, the healthcare segment led the global market in application, and this trend is expected to continue throughout the projection period. Many exoskeleton products have been developed in the healthcare industry for rehabilitation training and to assist those suffering from complete or partial paralysis. Exoskeletons are becoming more common in the medical field, from emergency services to physiotherapy. For example, a robotic support system developed by Delhi-based GenElek Technologies assists people suffering from neurological diseases such as paralysis, spinal cord injury (SCI), and stroke. The exoskeleton assists disabled people in regaining their ability to walk. They will develop self-reliance and independence, which will benefit their physical and emotional health. The large consumer base for exoskeletons in this sector has resulted in increased investments in new product research and development activities, paving the way for the healthcare segment to dominate.

How is the Wearable Robots Market performing in regions?

North America dominated the wearable robots market in 2021 and is expected to maintain its dominance throughout the forecast period. One of the most important robotics markets in North America, as well as a notable innovator and pioneer in the field. Increased use of automated material handling and trends such as lights-out automation, along with increased use of these robots across various industries, are factors driving the regional market’s growth. Market vendors consider North America one of the most promising markets. Some of the most automated industries are found in the region. Regional end-user industries are also early adopters of advanced technologies. Several end-user companies play key roles in the global development of the wearable robotics market. Robot adoption is accelerating in North American industries. North American companies introduced many robots in the first nine months of 2021. They rushed to speed up assembly lines, despite having a limited number of human workers. All of these occurrences contribute to the growth of the regional market.

Besides, Asia Pacific is expected to grow the most during the forecast period, owing to growing awareness of the various benefits of wearable robots in the manufacturing, healthcare, and defense industries, among others. Across the region, China and Japan are the most prominent developers of wearable robots, as they help prevent workplace injuries while allowing aging workers to work for longer periods. Moreover, increased production and use of these devices in the Asia-Pacific defense sector to enhance military capabilities will contribute to regional market growth during the forecast period.

What is the regulatory landscape for the Wearable Robots Market?

Wearable robots have proven to be useful in various scenarios across industries. The technology’s outputs are of exceptional quality; thus, it has piqued the interest of many organizations to invest in the technology and make it more affordable to increase the consumer database. Many governments are also funding these economic expansion developments, which are expected to provide ample growth opportunities in the global market. For any product to be used in the medicinal or healthcare sector, it must first receive multiple approvals from regulatory bodies that determine whether or not the product will cause unintended consequences. Wearable robots are considered hardware machines, so there are strict government regulations approving the monitoring of their use. These factors may limit the growth of the global market since it might take years for approvals to be granted before a product can be used in practice, deterring many enterprises from investing in the technology unless regulatory agencies develop systems that can speed up the approval process.

What is the Market Size of the Wearable Robots Market regarding value?

The global wearable robots market is anticipated to grow at a substantial CAGR of XX% in the upcoming years. The global wearable robots industry was estimated to be worth USD XX million in 2021 and was expected to be worth USD XX million by 2028.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Customize Now

What are major players planning for the future of the Wearable Robots Market?

Due to the rapid advancements in radiography techniques, several companies have upgraded their services to increase their market potential and solidify their positions. Developing new, cutting-edge wearable robotic exoskeleton care tools that reduce patient discomfort is a major focus of wearable robotic exoskeleton radiology equipment manufacturers’ research and development (R&D) spending. Several players in the industry have already tested exoskeletons for their manufacturing capabilities and are ready to deploy them, which will likely augment the market in the future. For instance, Ford, an automobile company, planned to use exoskeletons in fifteen assembly plants worldwide and adopted the EksoVest. The arms of workers performing repetitive overhead tasks are elevated and supported by this exoskeleton. During the trial period, the use of EksoVests reduced workplace injuries by 83%.

Segmentation of Global Wearable Robots Market –

Global Wearable Robots Market – By Type

Powered Exoskeletons
Passive Exoskeletons

Global Wearable Robots Market – By Application

Healthcare
Military and Defence
Industries
Other

Global Wearable Robots Market – By Region

North America
- The U.S.
- Canada
Europe
- Germany
- France
- The U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Wearable Robots Market
2.2. Global Wearable Robots Market, By Type
2.3. Global Wearable Robots Market, By Application
2.4. Global Wearable Robots Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Wearable Robots Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Market Drivers
3.2.3. Market Restraints
3.2.4. Market Opportunities
3.2.5. Major Industry Challenges
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Application
3.3.3. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Value Chain Analysis
4.4. Technology Analysis
4.5. Marketing Strategy Analysis
4.5.1. Direct Marketing
4.5.2. Indirect Marketing
4.5.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2021
5.1. Company market share of key players, 2021
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. COVID-19 Impact Analysis
6.1. Global Wearable Robots Market Pre Vs Post COVID 19, 2019 – 2028
6.2. Impact on Import & Export
6.3. Impact on Demand & Supply

7. Global Wearable Robots Market
7.1. Global Wearable Robots Market, by Type, 2016-2028(US$ Bn)
7.1.1. Overview
7.1.2. Global Wearable Robots Market, By Type, 2021 vs 2028 (in%)
7.1.3. Global Wearable Robots Market, By Powered Exoskeletons, 2016-2028 (US$ Bn)
7.1.4. Global Wearable Robots Market, By Passive Exoskeletons, 2016-2028 (US$ Bn)
7.2. Global Wearable Robots Market, by Application, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Global Wearable Robots Market, By Application, 2021 vs 2028 (in%)
7.2.3. Global Wearable Robots Market, By Healthcare, 2016-2028 (US$ Bn)
7.2.4. Global Wearable Robots Market, By Military and Defence, 2016-2028 (US$ Bn)
7.2.5. Global Wearable Robots Market, By Industries, 2016-2028 (US$ Bn)
7.2.6. Global Wearable Robots Market, By Other, 2016-2028 (US$ Bn)

8. North America Wearable Robots Market Analysis
8.1. North America Wearable Robots Market, by Type, 2016-2028(US$ Bn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Wearable Robots Market, by Application, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Wearable Robots Market, by Country, 2016-2028 (US$ Bn)
8.3.1. U.S.
8.3.1.1. U.S. Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.3.1.2. U.S. Wearable Robots, By Type, 2016-2028 (US$ Bn)
8.3.1.3. U.S. Wearable Robots, By Application, 2016-2028 (US$ Bn)
8.3.2. Canada
8.3.2.1. Canada Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.3.2.2. Canada Wearable Robots, By Type, 2016-2028 (US$ Bn)
8.3.2.3. Canada Wearable Robots, By Application, 2016-2028 (US$ Bn)

9. Europe Wearable Robots Market Analysis
9.1. Europe Wearable Robots Market, by Type, 2016-2028(US$ Bn)
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Europe Wearable Robots Market, by Application, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Europe Wearable Robots Market, by Country, 2016-2028 (US$ Bn)
9.3.1. Germany
9.3.1.1. Germany Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.1.2. Germany Wearable Robots, By Type, 2016-2028 (US$ Bn)
9.3.1.3. Germany Wearable Robots, By Application, 2016-2028 (US$ Bn)
9.3.2. France
9.3.2.1. France Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.2.2. France Wearable Robots, By Type, 2016-2028 (US$ Bn)
9.3.2.3. France Wearable Robots, By Application, 2016-2028 (US$ Bn)
9.3.3. UK
9.3.3.1. UK Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.3.2. UK Wearable Robots, By Type, 2016-2028 (US$ Bn)
9.3.3.3. UK Wearable Robots, By Application, 2016-2028 (US$ Bn)
9.3.4. Italy
9.3.4.1. Italy Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.4.2. Italy Wearable Robots, By Type, 2016-2028 (US$ Bn)
9.3.4.3. Italy Wearable Robots, By Application, 2016-2028 (US$ Bn)
9.3.5. Spain
9.3.5.1. Spain Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.5.2. Spain Wearable Robots, By Type, 2016-2028 (US$ Bn)
9.3.5.3. Spain Wearable Robots, By Application, 2016-2028 (US$ Bn)
9.3.6. Rest of Europe
9.3.6.1. Rest of Europe Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.3.6.2. Rest of Europe Wearable Robots, By Type, 2016-2028 (US$ Bn)
9.3.6.3. Rest of Europe Wearable Robots, By Application, 2016-2028 (US$ Bn)

10. Asia Pacific Wearable Robots Market Analysis
10.1. Asia Pacific Wearable Robots Market, by Type, 2016-2028(US$ Bn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Wearable Robots Market, by Application, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Wearable Robots Market, by Country, 2016-2028 (US$ Bn)
10.3.1. China
10.3.1.1. China Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.1.2. China Wearable Robots, By Type, 2016-2028 (US$ Bn)
10.3.1.3. China Wearable Robots, By Application, 2016-2028 (US$ Bn)
10.3.2. Japan
10.3.2.1. Japan Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.2.2. Japan Wearable Robots, By Type, 2016-2028 (US$ Bn)
10.3.2.3. Japan Wearable Robots, By Application, 2016-2028 (US$ Bn)
10.3.3. India
10.3.3.1. India Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.3.2. India Wearable Robots, By Type, 2016-2028 (US$ Bn)
10.3.3.3. India Wearable Robots, By Application, 2016-2028 (US$ Bn)
10.3.4. South Korea
10.3.4.1. South Korea Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.4.2. South Korea Wearable Robots, By Type, 2016-2028 (US$ Bn)
10.3.4.3. South Korea Wearable Robots, By Application, 2016-2028 (US$ Bn)
10.3.5. South-East Asia
10.3.5.1. South-East Asia Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.5.2. South-East Asia Wearable Robots, By Type, 2016-2028 (US$ Bn)
10.3.5.3. South-East Asia Wearable Robots, By Application, 2016-2028 (US$ Bn)
10.3.6. Rest of Asia Pacific
10.3.6.1. Rest of Asia Pacific Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.3.6.2. Rest of Asia Pacific Wearable Robots, By Type, 2016-2028 (US$ Bn)
10.3.6.3. Rest of Asia Pacific Wearable Robots, By Application, 2016-2028 (US$ Bn)

11. Latin America Wearable Robots Market Analysis
11.1. Latin America Wearable Robots Market, by Type, 2016-2028(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Wearable Robots Market, by Application, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Wearable Robots Market, by Country, 2016-2028 (US$ Bn)
11.3.1. Brazil
11.3.1.1. Brazil Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.3.1.2. Brazil Wearable Robots, By Type, 2016-2028 (US$ Bn)
11.3.1.3. Brazil Wearable Robots, By Application, 2016-2028 (US$ Bn)
11.3.2. Mexico
11.3.2.1. Mexico Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.3.2.2. Mexico Wearable Robots, By Type, 2016-2028 (US$ Bn)
11.3.2.3. Mexico Wearable Robots, By Application, 2016-2028 (US$ Bn)
11.3.3. Rest of Latin America
11.3.3.1. Rest of Latin America Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.3.3.2. Rest of Latin America Wearable Robots, By Type, 2016-2028 (US$ Bn)
11.3.3.3. Rest of Latin America Wearable Robots, By Application, 2016-2028 (US$ Bn)

12. Middle East and Africa Wearable Robots Market Analysis
12.1. Middle East and Africa Wearable Robots Market, by Type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Wearable Robots Market, by Application, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Wearable Robots Market, by Country, 2016-2028 (US$ Bn)
12.3.1. GCC Countries
12.3.1.1. GCC Countries Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.3.1.2. GCC Countries Wearable Robots, By Type, 2016-2028 (US$ Bn)
12.3.1.3. GCC Countries Wearable Robots, By Application, 2016-2028 (US$ Bn)
12.3.2. South Africa
12.3.2.1. South Africa Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.3.2.2. South Africa Wearable Robots, By Type, 2016-2028 (US$ Bn)
12.3.2.3. South Africa Wearable Robots, By Application, 2016-2028 (US$ Bn)
12.3.3. Rest of Middle East and Africa
12.3.3.1. Rest of Middle East and Africa Wearable Robots Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.3.3.2. Rest of Middle East and Africa Wearable Robots, By Type, 2016-2028 (US$ Bn)
12.3.3.3. Rest of Middle East and Africa Wearable Robots, By Application, 2016-2028 (US$ Bn)

13. Company Profiles
13.1. Raytheon Technologies
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2021)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. Lockheed Martin
13.3. BAE Systems
13.4. Panasonic
13.5. Honda
13.6. Daewoo
13.7. Noonee
13.8. Revision Military
13.9. China North Industries Group Corporation (NORINCO)
13.10. Rex Bionics Ltd
13.11. Parker Hannifin
13.12. Cyberdyne Inc
13.13. Ekso Bionics

List of Figures

FIG. 1 Global Wearable Robots Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Wearable Robots Market Segmentation
FIG. 4 Global Wearable Robots Market, by Type, 2021 (US$ Bn)
FIG. 5 Global Wearable Robots Market, by Application, 2021 (US$ Bn)
FIG. 6 Global Wearable Robots Market, by Geography, 2021 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Type, 2021
FIG. 8 Attractive Investment Proposition, by Application, 2021
FIG. 9 Attractive Investment Proposition, by Geography, 2021
FIG. 10 Global Market Share Analysis of Key Wearable Robots Market Manufacturers, 2021
FIG. 11 Global Market Positioning of Key Wearable Robots Market Manufacturers, 2021
FIG. 12 Global Wearable Robots Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 13 Global Wearable Robots Market, by Powered Exoskeletons, Value, 2016-2028 (US$ Bn)
FIG. 14 Global Wearable Robots Market, by Passive Exoskeletons, Value, 2016-2028 (US$ Bn)
FIG. 15 Global Wearable Robots Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 16 Global Wearable Robots Market, by Healthcare, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Wearable Robots Market, by Military and Defence, Value, 2016-2028 (US$ Bn)
FIG. 18 Global Wearable Robots Market, by Industries, Value, 2016-2028 (US$ Bn)
FIG. 19 Global Wearable Robots Market, by Other, Value, 2016-2028 (US$ Bn)
FIG. 20 U.S. Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 21 Canada Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 22 Germany Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 23 France Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 24 U.K. Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 25 Italy Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 26 Spain Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 27 Rest of Europe Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 28 China Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 29 Japan Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 30 India Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 31 South Korea Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 32 Southeast Asia Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 33 Rest of Asia Pacific Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 34 Latin America Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 35 Brazil Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 36 Mexico Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 37 Rest of Latin America Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 38 Middle East & Africa Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 39 GCC Countries Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 40 South Africa Wearable Robots Market, 2016-2028 (US$ Bn)
FIG. 41 Rest of Middle East and Africa Wearable Robots Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Wearable Robots Market
TABLE 2 Global Wearable Robots Market, by Competitive Benchmarking, 2021
TABLE 3 Global Wearable Robots Market, by Geographical Presence Analysis, 2021
TABLE 4 Global Wearable Robots Market, by Key Strategies Analysis, 2021
TABLE 5 Global Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 6 Global Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 7 Global Wearable Robots Market, by Geography, 2016-2028 (US$ Bn)
TABLE 8 North America Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 9 North America Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 10 North America Wearable Robots Market, by Country, 2016-2028 (US$ Bn)
TABLE 11 US Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 12 US Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 13 Canada Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 14 Canada Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 15 Europe Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 16 Europe Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 17 Europe Wearable Robots Market, by Country, 2016-2028 (US$ Bn)
TABLE 18 Germany Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 19 Germany Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 20 France Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 21 France Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 22 UK Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 23 UK Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 24 Italy Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 25 Italy Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 26 Spain Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 27 Spain Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 28 Rest of Europe Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 29 Rest of Europe Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 30 Asia Pacific Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 31 Asia Pacific Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 32 Asia Pacific Wearable Robots Market, by Country, 2016-2028 (US$ Bn)
TABLE 33 China Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 34 China Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 35 Japan Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 36 Japan Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 37 India Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 38 India Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 39 South Korea Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 40 South Korea Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 41 South East Asia Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 42 South East Asia Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 43 Rest of Asia Pacific Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 44 Rest of Asia Pacific Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 45 Latin America Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 46 Latin America Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 47 Latin America Wearable Robots Market, by Country, 2016-2028 (US$ Bn)
TABLE 48 Brazil Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 49 Brazil Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 50 Mexico Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 51 Mexico Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 52 Rest of Latin America Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 53 Rest of Latin America Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 54 Middle East and Africa Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 55 Middle East and Africa Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 56 Middle East and Africa Wearable Robots Market, by Country, 2016-2028 (US$ Bn)
TABLE 57 GCC Countries Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 58 GCC Countries Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 59 South Africa Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 60 South Africa Wearable Robots Market, by Application, 2016-2028 (US$ Bn)
TABLE 61 Rest of Middle East and Africa Wearable Robots Market, by Type, 2016-2028 (US$ Bn)
TABLE 62 Rest of Middle East and Africa Wearable Robots Market, by Application, 2016-2028 (US$ Bn)

Frequently Asked Questions

How has COVID-19 impacted the global wearable robots market?

The Covid-19 pandemic has negatively impacted the wearable robots market due to extended production halts and sharply rising raw material costs. The pandemic forced companies to postpone product launches and meet client demands.

Which is the leading market for the global wearable robots market?

North America accounted for the highest share in the global wearable robots market regarding value and volume.

What are the key drivers for the growth of the global wearable robots market?

Increased investment in research and development activities to launch wearable devices for the healthcare, military, and defense domains drives the wearable robots market. Furthermore, the growing number of people with disabilities due to spinal cord injuries, strokes, and other causes is expected to boost demands for wearable robotic exoskeletons.

Which is the major segment in the wearable robots market by Type?

The powered exoskeletons segment had a major share in 2021, with more than 60% of the market revenue. Besides, the passive exoskeletons segment is projected to witness the fastest growth.

Which is the major segment in the wearable robots market by Application?

The healthcare segment had a major share in the global market in 2021 and is projected to continue its dominance over the forecast period.

Purchase Options

Request Free Sample

Have a question?

Don’t settle for less – trust Mitul to help you find the best solution.

Call: +91 6232 49 3207

EMAIL MITUL

Report delivery within 24 to 48 hours

– Other Info –

–What people say?-

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –