Exoskeleton Market Trends, Size, Growth Drivers, Demand and Future Opportunities
Exoskeleton Market Growth, Size, Trends Analysis - By Mobility, By Technology, By Extremity, By End Use - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Apr-2025 | Report ID: HLCA25102 | Pages: 1 - 244 | Formats*: |
| Category : Healthcare | |||
Exoskeleton Market Introduction and Overview
According to SPER Market Research, the Global Exoskeleton Market is estimated to reach USD 2326.2 million by 2034 with a CAGR of 16.85%.
The report includes an in-depth analysis of the Global Exoskeleton Market, including market size and trends, Interface mix, Applications, and supplier analysis. Exoskeletons are wearable robotic devices designed to enhance human mobility, strength, and endurance by providing external mechanical support to the body. These powered or passive systems are used in medical rehabilitation, industrial applications, and military settings to assist individuals with mobility impairments, reduce physical strain in labour-intensive jobs, and enhance soldier performance. The market is driven by advancements in robotics, increasing demand for rehabilitation solutions for spinal cord injuries and stroke recovery, and growing adoption in industries to prevent workplace injuries. However, high costs, regulatory challenges, and limited accessibility hinder widespread adoption. Additionally, issues related to battery life, weight, and user adaptability pose significant technological hurdles in achieving seamless integration and mass-market acceptance.
By Mobility Insights
In 2024, the mobile segment dominated the market based on mobility. Over the course of the projected period, the mobile category is expected to see the quickest CAGR. The market is expected to grow because to factors such an increase in R&D activities and a rise in demand for robots with motors that help with human body mechanics.
By Technology Insights
According on technology, the powered segment dominated the market in 2024, because powered exoskeleton solutions are increasingly being used in a variety of industries to improve productivity and personal safety. The benefits of powered technology items include higher strength, force multiplier, smoother lifting action, less physical strain on workers, and increased productivity. There has also been a growth in the introduction of novel products.
By Extremity Insights
According to the extremities, the lower body segment dominated the market in 2024. This was due to growing investments, an increase in the prevalence of lower body disabilities, and the growing use of exoskeleton products by paralyzed patients and geriatric populations for mobility and weight-bearing capabilities. Lower-body solutions are also used by military and defense professionals to assist soldiers or enhance their mobility and quickness.
By End Use Insights
According to end-use, the healthcare sector led the market in 2024. Some of the main driving factors for this market include the growing prevalence of spinal cord injuries (SCIs), the extensive use of these products and solutions in rehabilitation facilities, and the notable increase in the number of treatments. Furthermore, the demand and acceptance rate of exoskeleton goods in the healthcare sector are being driven by an increasing number of regulatory approvals as well as growing awareness of technologically advanced systems.
By Regional Insights
In 2024, North America led the market. This was due to factors such as increased research spending, a rise in the number of disabled people, more partnerships and collaborations among important players, the availability of technologically advanced products, and growing public and private support.
Market Competitive Landscape
Exoskeleton market is highly competitive. Leading companies invest in AI integration, lightweight materials, and user-friendly designs to enhance product performance. Some of the prominent players in Global Exoskeleton Market are ActiveLink, Cyberdyne Inc, Ekso Bionics, Hocoma, Lockheed Martin Corporation, RB3D, ReWalk Robotics, Rex Bionics Plc and Suit X.
Recent Developments:
- In February 2025, during the Spring Festival, Taishan in Shandong province, China, introduced wearable robotic exoskeletons to assist elderly visitors in climbing the mountain, showcasing the potential of exoskeletons in enhancing mobility for the aging population.
- In January 2025, the U.S. Army continued its exploration of powered exoskeletons to enhance soldier strength and endurance. Despite ongoing evaluations, the military has yet to determine clear applications for these technologies in combat scenarios, reflecting the challenges in integrating exoskeletons into active duty.
- In December 2024, Ekso Bionics announced the acquisition of the Human Motion and Control business unit from Parker Hannifin Corporation, including the Indego product line, aiming to expand their exoskeleton offerings and strengthen their position in the rehabilitation market.
- In September 2024, a paralyzed former jockey faced challenges when his exoskeleton became unusable due to an out-of-warranty battery issue. The company initially refused to repair the device, highlighting the importance of accessible maintenance and support for medical exoskeleton users.
- In April 2024, Maxon Group launched a drive systems portfolio tailored for modern robotics applications, including exoskeletons, mobile manipulators, quadrupeds, and humanoids, enhancing the performance and efficiency of these devices.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Mobility, By Technology, By Extremity, By End Use |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | ActiveLink, Cyberdyne Inc, Ekso Bionics, Hocoma, Lockheed Martin Corporation, RB3D, ReWalk Robotics, Rex Bionics Plc, Suit X |
- Key Topics Covered in the Report
- Global Exoskeleton Market Size (FY’2021-FY’2034)
- Overview of Global Exoskeleton Market
- Segmentation of Global Exoskeleton Market By Mobility (Mobile and Fixed/Stationary)
- Segmentation of Global Exoskeleton Market By Technology (Powered and Non-Powered)
- Segmentation of Global Exoskeleton Market By Extremity (Upper Body, Lower Body and Full Body)
- Segmentation of Global Exoskeleton Market By End Use (Healthcare, Military and Industry)
- Statistical Snap of Global Exoskeleton Market
- Expansion Analysis of Global Exoskeleton Market
- Problems and Obstacles in Global Exoskeleton Market
- Competitive Landscape in the Global Exoskeleton Market
- Details on Current Investment in Global Exoskeleton Market
- Competitive Analysis of Global Exoskeleton Market
- Prominent Players in the Global Exoskeleton Market
- SWOT Analysis of Global Exoskeleton Market
- Global Exoskeleton Market Future Outlook and Projections (FY’2025-FY’2034)
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Exoskeleton Market Manufacturing Base Distribution, Sales Area, Interface Type6.2. Mergers & Acquisitions, Partnerships, Interface Launch, and Collaboration in Global Exoskeleton Market
7. Global Exoskeleton Market, By Mobility 2021-2034 (USD Million)
7.1. Mobile7.2. Fixed/Stationary
8. Global Exoskeleton Market, By Technology 2021-2034 (USD Million)
8.1. Powered8.2. Non-Powered
9. Global Exoskeleton Market, By Extremity 2021-2034 (USD Million)
9.1. Upper Body9.2. Lower Body9.3. Full Body
10. Global Exoskeleton Market, By End Use 2021-2034 (USD Million)
10.1. Healthcare10.2. Military10.3. Industry
11. Global Exoskeleton Market, 2021-2034 (USD Million)
11.1. Global Exoskeleton Market Size and Market Share
12. Global Exoskeleton Market, By Region, 2021-2034 (USD Million)
12.1. Asia-Pacific
12.1.1. Australia12.1.2. China12.1.3. India12.1.4. Japan12.1.5. South Korea12.1.6. Rest of Asia-Pacific
12.2. Europe
12.2.1. France12.2.2. Germany12.2.3. Italy12.2.4. Spain12.2.5. United Kingdom12.2.6. Rest of Europe
12.3. Middle East and Africa
12.3.1. Kingdom of Saudi Arabia12.3.2. United Arab Emirates12.3.3. Qatar12.3.4. South Africa12.3.5. Egypt12.3.6. Morocco12.3.7. Nigeria12.3.8. Rest of Middle-East and Africa
12.4. North America
12.4.1. Canada12.4.2. Mexico12.4.3. United States
12.5. Latin America
12.5.1. Argentina12.5.2. Brazil12.5.3. Rest of Latin America
13. Company Profile
13.1. ActiveLink
13.1.1. Company details13.1.2. Financial outlook13.1.3. Interface summary13.1.4. Recent developments
13.2. Cyberdyne Inc
13.2.1. Company details13.2.2. Financial outlook13.2.3. Interface summary13.2.4. Recent developments
13.3. Ekso Bionics
13.3.1. Company details13.3.2. Financial outlook13.3.3. Interface summary13.3.4. Recent developments
13.4. Hocoma
13.4.1. Company details13.4.2. Financial outlook13.4.3. Interface summary13.4.4. Recent developments
13.5. Lockheed Martin Corporation
13.5.1. Company details13.5.2. Financial outlook13.5.3. Interface summary13.5.4. Recent developments
13.6. RB3D
13.6.1. Company details13.6.2. Financial outlook13.6.3. Interface summary13.6.4. Recent developments
13.7. ReWalk Robotics
13.7.1. Company details13.7.2. Financial outlook13.7.3. Interface summary13.7.4. Recent developments
13.8. Rex Bionics Plc
13.8.1. Company details13.8.2. Financial outlook13.8.3. Interface summary13.8.4. Recent developments
13.9. Suit X13.9.1. Company details13.9.2. Financial outlook13.9.3. Interface summary13.9.4. Recent developments
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Exoskeleton Market size is USD 2326.2 billion from 2025 to 2034.
Exoskeleton Market is covered By Mobility, By Technology, By Extremity, By End Use
The North America is anticipated to have the highest Market share in the Pyrethroids Market .
ActiveLink, Cyberdyne Inc, Ekso Bionics, Hocoma, Lockheed Martin Corporation, RB3D, ReWalk Robotics, Rex Bionics Plc, Suit X
The report includes an in-depth analysis of the Global Exoskeleton Market, including market size and trends, Interface mix, Applications, and supplier analysis. Exoskeletons are wearable robotic devices designed to enhance human mobility, strength, and endurance by providing external mechanical support to the body.
Exoskeleton Market is projected to reach USD 2326.2 billion by 2034, growing at a CAGR of 16.85% during the forecast period.
Exoskeleton Market grew in Market size from 2025. The Market is expected to reach USD 2326.2 billion by 2034, at a16.85% during the forecast period.
Exoskeleton Market CAGR of 16.85% during the forecast period.
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