Global Soft Exoskeleton Market – Industry Trends and Forecast to 2028

Semiconductors and Electronics


Global Soft Exoskeleton Market – Industry Trends and Forecast to 2028

  • Semiconductors and Electronics
  • Upcoming Report
  • Jul 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Soft Exoskeleton By Product Type (Full Body, Upper Body and Lower Body), Application (Industrial, Military, Healthcare and Sports), Mobility (Stationary and Mobile), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028

Soft Exoskeleton Market Market Analysis and Insights of Soft Exoskeleton Market

Data Bridge Market Research analyses that the soft exoskeleton market will exhibit a CAGR of around 20.6% for the forecast period of 2021-2028. Growing focus of the manufacturers on technological advancements and innovations, increasing application of full body soft exoskeleton in industrial processes, and rising application of soft exoskeleton for a wide range of applications such as industrial, military, healthcare, sports, mining, construction, manufacturing and others are the major factors attributable to the growth of soft exoskeleton market. Therefore, in terms of market value, the soft exoskeleton would rocket up to USD 2.91 million by 2028.  

The soft exoskeleton is a wearable device which is designed with lightweight material. Soft exoskeleton is a wearable robotic design that uses pneumatics or cable transmission. Soft exoskeleton assists in walking by providing a support to hip joints and ankles. Also referred to as robotic suit, exo-frame, or exosuit, soft exoskeleton is used as haptic controller, assistive device, and capabilities amplifier. Soft exoskeleton is a result of limitations of traditional industrial robots.

Increasing demand for robotic rehabilitation by the healthcare sector coupled with increased expenditure in the development of healthcare infrastructure, especially in the developing economies, is one of the major factors fostering the growth of soft exoskeleton market. Rising focus on the technological advancements in the field of robotic technologies coupled with induced investments for research and development proficiencies in robotics by the major players are some other indirect soft exoskeleton market growth determinants. Growing awareness by regulatory approval for industrial usage of exoskeletons will further generate lucrative soft exoskeleton market growth opportunities. Upsurge in the demand for soft exoskeleton for construction and automotive applications coupled with growth and expansion of various end user verticals will also carve the way for the growth of market.

However, high costs associated with initial investment and maintenance will act as soft exoskeleton market growth restraint. Stringent regulations imposed on the approval of soft exoskeleton for medical applications will further derail the market growth rate. Lack of skilled expertise or trained personnel will further pose challenges for the soft exoskeleton market growth.

This soft exoskeleton market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on soft exoskeleton market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Soft Exoskeleton Market Scope and Market Size

The soft exoskeleton market is segmented on the basis of product type, application, and mobility. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

  • On the basis of product type, the soft exoskeleton market is segmented into full body, upper body, and lower body.
  • On the basis of application, the soft exoskeleton market is segmented into industrial, military, healthcare and sports. Industrial segment is sub-segmented into mining, construction, manufacturing and others.
  • On the basis of mobility, the soft exoskeleton market is segmented into stationary and mobile.

Soft Exoskeleton Market Country Level Analysis

The soft exoskeleton market is analysed and market size insights and trends are provided by country, product type, application, and mobility as referenced above.

The countries covered in the soft exoskeleton market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America region dominates the market and will continue to flourish its trend of dominance during the forecast period. Prevalence of advanced healthcare technologies, presence of large number of private and public organizations and increased expenditure for research and development proficiencies in the field of robotics are the major factors fostering the market growth rate in this region. Asia-Pacific, on the other hand, is projected to score the highest CAGR for the forecast period owing to the rising economic growth and fast industrialization. Increased application by the various end user verticals in the regions is carving the way for market growth.

The country section of the soft exoskeleton market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Soft Exoskeleton Market Share Analysis

The soft exoskeleton market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to soft exoskeleton market.

The major players covered in the soft exoskeleton market report are Knots Plus Ltd., ATOUN Inc., Ekso Bionics Holdings Inc., Panasonic Corporation, CYBERDYNE INC., ReWalk Robotics, Rex Bionics Ltd., Lockheed Martin Corporation, U.S Bionics, Inc., RB3D, Hocoma, B-Temia., DIH Medical, Wearable Robotics srl, OTTOBOCK, suitx,, Technaid, Honda Motor Co., Ltd., Myomo Inc. and BIONIK among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo
Free Sample Report


  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.


Client Testimonials