Global Soft Exoskeleton Market By Product Type (Full Body, Upper Body, Lower Body), Application (Industrial, Military, Healthcare, Sports), Mobility (Stationary, Mobile), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa). – Industry Trends and Forecast to 2026
Market Analysis: Global Soft Exoskeleton Market
Global soft exoskeleton market is expected to grow with the healthy CAGR of 28.5% in the forecast period of 2019 to 2026. The report contains data from the historic year of 2017, base year of 2018. Increasing exosuits for healthcare applications are the major factor for the growth of the market.
Market Definition: Global Soft Exoskeleton Market
Soft exoskeleton can rely on the skeleton structure of wearer to transmit the forces through actuated joints. The soft exoskeleton is designed with light weight material and uses pneumatics or cable transmission which is a new approach of development of wearable robot design. The soft exoskeleton or exosuit is a new trend in soft wearable robot design used for the hip joints and ankle assistance while walk. The soft exosuit is used for several industrial applications in mining, manufacturing assistance and militants safety purposes. Growing funding for the safety of defense sector by the governments enhances the utilization and modification in the mobile exoskeletons.