Global Exoskeleton Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Treatment Type;

Rehabilitation and Augmentation

By Mode of Operation;

Powered, Passive, and Hybrid

By Form;

Rigid and Soft

By Product Type;

Stationary and Mobile

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn348095384 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Exoskeleton Market (USD Million), 2021 - 2031

Exoskeleton Market was valued at USD 5,770.60 million in the year 2024. The size of this market is expected to increase to USD 34,118.60 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 28.9%.


Global Exoskeleton Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 28.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)28.9 %
Market Size (2024)USD 5,770.60 Million
Market Size (2031)USD 34,118.60 Million
Market ConcentrationLow
Report Pages389
5,770.60
2024
34,118.60
2031

Major Players

  • Ekso Bionics Holdings
  • Rewalk Robotics
  • Cyberdyne
  • Bionik Laboratories
  • Bioness Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Exoskeleton Market

Fragmented - Highly competitive market without dominant players


The Exoskeleton Market is rapidly expanding as wearable robotics become integral to mobility support, injury prevention, and physical augmentation. These systems are transforming the way individuals recover from injuries and how workers perform in labor-intensive environments. With growing awareness and integration, the market is experiencing a sharp upward trend in demand for smart, supportive exosuits.

Technological Advancements
Breakthroughs in machine learning algorithms, real-time feedback systems, and adaptive materials have elevated the appeal of exoskeletons. Their performance has improved by over 40%, making them more precise and responsive. Continuous innovation has made these devices lighter and more user-centric, encouraging widespread adoption in healthcare and defense.

Rehabilitation Sector Growth
The need for advanced rehabilitation tools is driving demand for medical exoskeletons, which have seen usage increase by more than 35%. These solutions are vital for supporting recovery from stroke, spinal cord injuries, and degenerative diseases. Rehabilitation clinics are investing in these technologies to offer faster and more effective recovery for patients.

Industrial and Military Utilization
Adoption of exoskeletons in industrial and military settings has expanded significantly—up by over 30%—to meet demands for injury reduction, endurance enhancement, and load handling. These wearable devices are enabling a safer and more productive workforce, particularly in environments requiring repetitive motion or heavy lifting.

Strategic Investments and Adoption Trends
Ongoing investments and government-backed programs have fueled a 25% rise in development and deployment efforts across multiple industries. With better cost-efficiency and usability, the next phase of growth will be marked by personalized, AI-powered exoskeletons that cater to both individual users and enterprise demands.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Treatment Type
    2. Market Snapshot, By Mode of Operation
    3. Market Snapshot, By Form
    4. Market Snapshot, By Product Type
    5. Market Snapshot, By Region
  4. Global Exoskeleton Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand in Healthcare

        2. Increasing Industrial Applications

        3. Military and Defense Applications

      2. Restraints
        1. High Cost of Exoskeleton Systems

        2. Limited Reimbursement Policies

        3. Regulatory Hurdles and Safety Concerns

      3. Opportunities
        1. Healthcare Sector Integration

        2. Use In Industrial And Workplace Injury Prevention

        3. Development Of Pediatric And Elderly Assistive Models

    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 Exoskeleton Market, By Treatment Type, 2021 - 2031 (USD Million)
      1. Rehabilitation

      2. Augmentation

    2. Global Exoskeleton Market, By Mode of Operation, 2021 - 2031 (USD Million)
      1. Powered
      2. Passive
      3. Hybrid.
    3. Global Exoskeleton Market, By Form, 2021 - 2031 (USD Million)
      1. Rigid
      2. Soft
    4. Global Exoskeleton Market, By Product Type, 2021 - 2031 (USD Million)
      1. Stationary

      2. Mobile

    5. Global Exoskeleton Market, By Geography, 2021 - 2031 (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 Holdings
      2. Rewalk Robotics
      3. Cyberdyne
      4. Bionik Laboratories
      5. Bioness Inc.
  7. Analyst Views
  8. Future Outlook of the Market