****** Smart Exoskeleton Market to Grow at Colossal Rate through 2024 | TechSci Research

According to TechSci Research report, ****** Smart Exoskeleton Market By Component, By Type, By Body Part, By Application, By Region, Competition, Forecast & Opportunities, 2024, ****** smart exoskeleton market is expected to grow at colossal rate during forecast period on account of growing demand from healthcare sector for robotic rehabilitation. Moreover, factors such as rising geriatric population, increasing cases of paralysis and rising cases of spinal cord injury are anticipated to positively influence ****** smart exoskeleton market through 2024. However, high equipment cost associated with the smart exoskeleton can act as challenge for the growth of the market.

****** smart exoskeleton market can be segmented based on component, type, body part, application and region. On the basis of component, the market can be segmented into sensors, actuators, power source, control system, among others. In 2018, the actuators segment accounted for the largest share and is anticipated to maintain its position during forecast years as well owing to its ability to improve the efficiency of smart exoskeleton through control of errant motions. Based on types, ****** smart exoskeleton market can be bifurcated into soft exoskeleton and rigid exoskeleton, of which the former is expected to grow at the highest rate through 2024 due to its features such as compact size, lightweight and reduced usage of energy.

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ATOUN Inc., Bionik Laboratories Corp., Cyberdyne, Inc., Ekso Bionics, Honda Motor Co. Ltd., ReWalk Robotics, Inc., Rex Bionics Ltd., Sarcos Corp., Technaid. S.L., US Bionics, Inc., etc. are some of the major players operating in ****** smart exoskeleton market. Companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

“North America is at the forefront of ****** smart exoskeleton market and is expected to register significant growth during forecast period as well on account of increasing adoption of exoskeletons in various applications including industrial, military, healthcare, etc., in the region. Moreover, presence of institutions offering funds and grants for the development of advanced products is would further positively influence the growth of North America smart exoskeleton market until 2024.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based ****** management consulting firm.

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****** Smart Exoskeleton Market By Component, By Type, By Body Part, By Application, By Region, Competition, Forecast & Opportunities, 2024 has evaluated the future growth potential of ****** smart exoskeleton market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in ****** smart exoskeleton market.

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TechSci Research is a leading ****** market research firm publishing premium market research reports. Serving 700 ****** clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking ****** and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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