Global Wearable Soft Robotics Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Application;

Human-Machine Interface and Interaction, Locomotion and Exploration, , Manipulation, Medical and Surgical Applications?, Rehabilitation and Wearable Robots and R&D of Humanoids.

By End Use;

Logistics, Medical and Healthcare, Automotive, Food and Beverages, Advanced Manufacturing, E-Commerce and Retail and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn123166412 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Wearable Soft Robotics Market (USD Million), 2020 - 2030

In the year 2023, the Global Wearable Soft Robotics Market was valued at USD 1,056.41 million. The size of this market is expected to increase to USD 10,719.53 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 39.2%.

The global wearable soft robotics market is at the forefront of innovation, leveraging advancements in soft materials, biomechanics, and robotics to create wearable devices that are flexible, lightweight, and comfortable for users. Unlike traditional rigid exoskeletons, wearable soft robotics utilize soft and stretchable materials, such as textiles and elastomers, to mimic the natural movements of the human body. These wearable devices offer a wide range of applications, from assisting individuals with mobility impairments to augmenting human performance in various industries. As the demand for wearable technologies continues to rise, the wearable soft robotics market is poised for substantial growth and transformation.

Key drivers fueling the expansion of the global wearable soft robotics market include the increasing prevalence of chronic conditions and disabilities, as well as the growing emphasis on aging-in-place and independent living. Wearable soft robotics provide a promising solution for individuals with mobility limitations, offering assistance with activities of daily living and promoting greater autonomy and inclusion. Additionally, in industrial settings, soft wearable robots can enhance worker safety and productivity by reducing the risk of ergonomic injuries and fatigue, while also providing ergonomic support and enhancing physical capabilities. This versatility and adaptability make wearable soft robotics increasingly attractive across various sectors, including healthcare, manufacturing, logistics, and defense.

Moreover, technological advancements are driving innovation in wearable soft robotics, making these devices more comfortable, intuitive, and versatile. The integration of soft materials with sensors, actuators, and control systems enables wearable soft robots to provide natural and seamless assistance to users, enhancing their mobility and quality of life. Furthermore, the development of smart wearable soft robotics equipped with artificial intelligence and machine learning capabilities enables personalized assistance and adaptive control, allowing for real-time adjustments based on the user's needs and preferences. As these technologies continue to evolve, the wearable soft robotics market is expected to witness further growth and penetration into new applications, revolutionizing the way people live, work, and interact with their environment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Global Wearable Soft Robotics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Prevalence of Chronic Conditions
        2. Emphasis on Aging-in-Place
        3. Industrial Safety and Productivity Needs
      2. Restraints
        1. Limited Regulatory Framework
        2. High Development Costs
        3. Technical Challenges in Integration
      3. Opportunities
        1. Expanding Applications in Healthcare
        2. Adoption in Industrial and Military Sectors
        3. Technological Advancements in Materials and Sensors
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Wearable Soft Robotics Market, By Application, 2022 - 2032 (USD Million)
      1. Human-Machine Interface and Interaction
      2. Locomotion and Exploration,
      3. Manipulation
      4. Medical and Surgical Applications
      5. Rehabilitation and Wearable Robots
      6. R&D of Humanoids
    2. Global Wearable Soft Robotics Market, By End Use, 2022 - 2032 (USD Million)
      1. Logistics
      2. Medical and Healthcare
      3. Automotive
      4. Food and Beverages
      5. Advanced Manufacturing
      6. E-Commerce and Retail
      7. Others
    3. Global Wearable Soft Robotics Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ekso Bionics
      2. ReWalk Robotics
      3. Bioservo Technologies AB,
      4. Festo SE & Co. KG,
      5. ROAM ROBOTICS
      6. RightHand Robotics, Inc.,
      7. YASKAWA ELECTRIC CORPORATION.
      8. ABB
      9. Universal Robots,
      10. TECHMAN ROBOT INC.
      11. AUBO Robotics
  7. Analyst Views
  8. Future Outlook of the Market

ReAnIn's Most Viewed Titles:

Information & Communication Technology Software & Services Wearable Technology Component
Global Wearable Technology Component Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Wearable Technology Component Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Information & Communication Technology Software & Services Wearable Technology
Global Wearable Technology Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Wearable Technology Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Semiconductor & Electronics Sensors And Controls Wearable Temperature Sensors
Global Wearable Temperature Sensors Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Wearable Temperature Sensors Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Information & Communication Technology Software & Services Weather Forecasting Systems
Global Weather Forecasting Systems Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

In the year 2023, the Global Weather Forecasting Systems Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...