Global Medical Exoskeleton Market Report 2019-2025: Market Expected to be Driven by a Compounded Growth of 36.6% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 2, 2019--
The “Medical Exoskeleton - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.
The Medical Exoskeleton market worldwide is projected to grow by US$889 Million, driven by a compounded growth of 36.6%.
Hardware, one of the segments analyzed and sized in this study, displays the potential to grow at over 36.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$762.8 Million by the year 2025, Hardware will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 40.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$26.2 Million to the region’s size and clout in the next 5 to 6 years. Over US$41.1 Million worth of projected demand in the region will come from the rest of the European markets.
In Japan, Hardware will reach a market size of US$49.2 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 35% over the next couple of years and add approximately US$146.7 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Bioness Inc.
- Bionik Laboratories Corporation
- B-Temia Inc.
- Cyberdyne, Inc.
- Ekso Bionics
- Exoatlet Asia
- Gogoa Mobility Robots
- Hocoma AG
- Parker Hannifin Corporation
- Rewalk Robotics Ltd.
- Rex Bionics Ltd.
- Wearable Robotics srl
For more information about this report visit https://www.researchandmarkets.com/r/z3bcww
View source version on businesswire.com:https://www.businesswire.com/news/home/20191202005741/en/
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INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 12/02/2019 12:01 PM/DISC: 12/02/2019 12:01 PM