Asia Pacific medical exoskeletons market will grow by 35.4% annually with a total addressable market cap of $11.49 billion over 2023-2032, driven by the increasing number of people with physical disabilities and subsequent growth in the demand for effective rehabilitation approaches, the rising collaborations among vendors for the technological development, and the increasing insurance coverage for medical exoskeletons.
Highlighted with 43 tables and 88 figures, this 160-page report “Asia Pacific Medical Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Mobility (Mobile, Stationary, Tethered), Power (Active/Powered, Passive), Structure (Rigid, Soft), Application (Rehabilitation, Mobility Aid, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific medical exoskeletons market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific medical exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Mobility, Power, Structure, Application, and Country.
Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Sensors
o Actuators
o Power Sources
o Controllers
o Other Hardware
• Software
• Service
Based on Function, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Upper Body Exoskeletons
• Lower Body Exoskeletons
• Full Body Exoskeletons
By Mobility, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Mobile Exoskeletons
• Stationary Exoskeletons
• Tethered Exoskeletons
By Power, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) volume (units) for 2022-2032 included in each section.
• Active/Powered Exoskeletons
o Electric Actuator
o Pneumatic Actuator
o Hydraulic Actuator
o Mechanical Actuator
o Other Types
• Passive Exoskeletons
By Structure, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Rigid Exoskeletons
• Soft Exoskeletons
By Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Rehabilitation
• Mobility Aid
• Other Applications
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) and sales volume (units) are available for 2022-2032. The breakdown of national markets by Function, Mobility, and Application over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
AlterG Inc.
Atoun Inc.
Axosuits SRL
Bionik Laboratiories Corp.
B-Temia Inc.
Cyberdyne Inc.
DIH Technologies Corporation
Ekso Bionics Holdings Inc.
Gogoa Mobility Robots SL
Hocoma AG
Honda Motor Co., Ltd.
Innophys Co., Ltd.
Japet Medical Devices
Lockheed Martin Corp.
Marsi Bionics, S.L.
Myomo Inc.
Panasonic Holdings Corp.
Parker-Hannifin Corp.
ReWalk Robotics Inc.
Rex Bionics Ltd.
US Bionics Inc. (Suitx)
Wearable Robotics SRL
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 24
2.1.2 Impact of COVID-19 on the Market 27
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 29
2.2 Major Growth Drivers 33
2.3 Market Restraints and Challenges 39
2.4 Emerging Opportunities and Market Trends 42
2.5 Porter’s Fiver Forces Analysis 46
3 Segmentation of Asia Pacific Market by Offering 50
3.1 Market Overview by Offering 50
3.2 Hardware 52
3.2.1 Sensors 53
3.2.2 Actuators 54
3.2.3 Power Sources 55
3.2.4 Controllers 56
3.2.5 Other Hardware 57
3.3 Software 58
3.4 Services 59
4 Segmentation of Asia Pacific Market by Function 60
4.1 Market Overview by Function 60
4.2 Upper Body Exoskeletons 64
4.3 Lower Body Exoskeletons 66
4.4 Full Body Exoskeletons 68
5 Segmentation of Asia Pacific Market by Mobility 70
5.1 Market Overview by Mobility 70
5.2 Mobile Exoskeletons 74
5.3 Stationary Exoskeletons 76
5.4 Tethered Exoskeletons 78
6 Segmentation of Asia Pacific Market by Power 80
6.1 Market Overview by Power 80
6.2 Active/Powered Exoskeletons 84
6.2.1 Electric Actuator 86
6.2.2 Pneumatic Actuator 87
6.2.3 Hydraulic Actuator 88
6.2.4 Mechanical Actuator 89
6.2.5 Other Types 90
6.3 Passive Exoskeletons 91
7 Segmentation of Asia Pacific Market by Structure 93
7.1 Market Overview by Structure 93
7.2 Rigid Exoskeletons 97
7.3 Soft Exoskeletons 99
8 Segmentation of Asia Pacific Market by Application 101
8.1 Market Overview by Application 101
8.2 Rehabilitation 105
8.3 Mobility Aid 107
8.4 Other Applications 109
9 Asia-Pacific Market 2022-2032 by Country/Region 111
9.1 Overview of Asia-Pacific Market 111
9.2 Japan 116
9.3 China 119
9.4 Australia 121
9.5 India 123
9.6 South Korea 125
9.7 Rest of APAC Region 127
10 Competitive Landscape 129
10.1 Overview of Key Vendors 129
10.2 New Product Launch, Partnership, Investment, and M&A 134
10.3 Company Profiles 137
AlterG Inc. 137
Atoun Inc. 139
Axosuits SRL 140
Bionik Laboratiories Corp. 141
B-Temia Inc. 142
Cyberdyne Inc. 143
DIH Technologies Corporation 144
Ekso Bionics Holdings Inc. 145
Gogoa Mobility Robots SL 146
Hocoma AG 147
Honda Motor Co., Ltd. 148
Innophys Co., Ltd. 149
Japet Medical Devices 150
Lockheed Martin Corp. 151
Marsi Bionics, S.L. 152
Myomo Inc. 153
Panasonic Holdings Corp. 154
Parker-Hannifin Corp. 155
ReWalk Robotics Inc. 156
Rex Bionics Ltd. 157
US Bionics Inc. (Suitx) 158
Wearable Robotics SRL 159
RELATED REPORTS 160
List of Tables:
Table 1. Snapshot of Asia Pacific Medical Exoskeletons Market in Balanced Perspective, 2022-2032 19
Table 2. World Economic Outlook, 2021-2031 25
Table 3. World Economic Outlook, 2021-2023 26
Table 4. Scenarios for Economic Impact of Ukraine Crisis 30
Table 5. World Health Spending by Region, $ bn, 2013-2020 38
Table 6. Main Product Trends and Market Opportunities in Asia Pacific Medical Exoskeletons Market 42
Table 7. Asia Pacific Medical Exoskeletons Market by Offering, 2022-2032, $ mn 50
Table 8. Asia Pacific Medical Exoskeletons Market: Hardware by Type, 2022-2032, $ mn 52
Table 9. Asia Pacific Medical Exoskeletons Market by Function, 2022-2032, $ mn 60
Table 10. Asia Pacific Medical Exoskeletons Market by Function, 2022-2032, units 62
Table 11. Asia Pacific Medical Exoskeletons Market by Mobility, 2022-2032, $ mn 70
Table 12. Asia Pacific Medical Exoskeletons Market by Mobility, 2022-2032, units 72
Table 13. Asia Pacific Medical Exoskeletons Market by Power, 2022-2032, $ mn 80
Table 14. Asia Pacific Medical Exoskeletons Market by Power, 2022-2032, units 82
Table 15. Asia Pacific Medical Exoskeletons Market: Active/Powered Exoskeletons by Type, 2022-2032, $ mn 85
Table 16. Asia Pacific Medical Exoskeletons Market by Structure, 2022-2032, $ mn 93
Table 17. Asia Pacific Medical Exoskeletons Market by Structure, 2022-2032, units 95
Table 18. Asia Pacific Medical Exoskeletons Market by Application, 2022-2032, $ mn 101
Table 19. Asia Pacific Medical Exoskeletons Market by Application, 2022-2032, units 103
Table 20. APAC Medical Exoskeletons Market by Country/Region, 2022-2032, $ mn 112
Table 21. APAC Medical Exoskeletons Market by Country/Region, 2022-2032, units 114
Table 22. Japan Medical Exoskeletons Market by Function, 2022-2032, $ mn 118
Table 23. Japan Medical Exoskeletons Market by Mobility, 2022-2032, $ mn 118
Table 24. Japan Medical Exoskeletons Market by Application, 2022-2032, $ mn 118
Table 25. China Medical Exoskeletons Market by Function, 2022-2032, $ mn 120
Table 26. China Medical Exoskeletons Market by Mobility, 2022-2032, $ mn 120
Table 27. China Medical Exoskeletons Market by Application, 2022-2032, $ mn 120
Table 28. Australia Medical Exoskeletons Market by Function, 2022-2032, $ mn 122
Table 29. Australia Medical Exoskeletons Market by Mobility, 2022-2032, $ mn 122
Table 30. Australia Medical Exoskeletons Market by Application, 2022-2032, $ mn 122
Table 31. India Medical Exoskeletons Market by Function, 2022-2032, $ mn 124
Table 32. India Medical Exoskeletons Market by Mobility, 2022-2032, $ mn 124
Table 33. India Medical Exoskeletons Market by Application, 2022-2032, $ mn 124
Table 34. South Korea Medical Exoskeletons Market by Function, 2022-2032, $ mn 126
Table 35. South Korea Medical Exoskeletons Market by Mobility, 2022-2032, $ mn 126
Table 36. South Korea Medical Exoskeletons Market by Application, 2022-2032, $ mn 126
Table 37. Medical Exoskeletons Market in Rest of APAC by Country/Region, 2022-2032, $ mn 128
Table 38. Breakdown of World Market by Key Vendor, 2022, % 131
Table 39. Main Vendors and Product Offerings 132
Table 40. Recent Development and Activities 135
Table 41. AlterG Inc.: Company Snapshot 137
Table 42. AlterG Inc.: Business Segmentation 138
Table 43. AlterG Inc.: Product Portfolio 138
