Exoskeleton Market Exhibiting A CAGR Of 58.4% For Projected Period From 2018 To 2025: Grand View Research Inc.
San Francisco, 26 July 2019: The Report Exoskeleton Market Size, Share & Trends Analysis Report By Type (Mobile, Stationary), By Drive Type, By End-use (Healthcare, Military, Industrial), And Segment Forecasts, 2018 – 2025 The global exoskeleton market is expected to reach USD 3.3 billion by 2025, according to a new report published by Grand View Research. Key factors driving the market expansion include the increasing number of U.S. FDA products, growing demand for exoskeletons in rehabilitation, assisted walking, military applications, and industrial applications. The market is evolving rapidly due to the increasing adoption of exoskeleton technology in the developed regions. The growing geriatric population coupled with increasing number of people suffering with paraplegia, tetraplegia, and other spinal cord injuries are major factors boosting the usage rates of exoskeletons. The exoskeleton market has gained high momentum after the launch of products such as ReWalk