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

By Type;

Powered, and Passive

By Component;

Hardware and Software

By Mobility;

Stationary Medical Exoskeletons and Mobile Medical Exoskeletons

By Extremity;

Lower Extremity Medical Exoskeletons and Upper Extremity Medical Exoskeletons

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn107252849 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Medical Exoskeleton Market (USD Million), 2021 - 2031

Medical Exoskeleton Market was valued at USD 1,374.74 million in the year 2024. The size of this market is expected to increase to USD 12,754.91 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 37.5%.


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

*Market size in USD million

CAGR 37.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)37.5 %
Market Size (2024)USD 1,374.74 Million
Market Size (2031)USD 12,754.91 Million
Market ConcentrationLow
Report Pages335
1,374.74
2024
12,754.91
2031

Major Players

  • Ekso Bionics Holdings, Inc.
  • Cyberdyne, Inc.
  • ReWalk Robotics Ltd.
  • Parker Hannifin Corporation
  • Hyundai Motor Group (Hyundai Motor Company)
  • Bionik Laboratories Corp.
  • Hocoma AG (acquired by DIH International)
  • ATOUN Inc.
  • Fourier Intelligence Co., Ltd.
  • Honda Motor Co., Ltd. (Honda Walking Assist Device)
  • Wearable Robotics SRL
  • US Bionics, Inc. (suitX)
  • Ottobock SE & Co. KGaA
  • MYONIC GmbH
  • Wandercraft SA

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Medical Exoskeleton Market

Fragmented - Highly competitive market without dominant players


The Medical Exoskeleton Market is witnessing steady expansion driven by the rising need for advanced mobility aids among physically impaired individuals. These robotic wearables are increasingly used to restore movement and enhance independence. As awareness grows and disability rates rise, more than 50% of assistive technology users are turning to exoskeletons for improved daily mobility support.

Next-Gen Technologies Fueling Market Growth
Innovations in robotics, AI, and motion sensing are propelling the evolution of medical exoskeletons. Devices are now equipped with real-time adaptive systems and intelligent controls that improve functionality and therapeutic impact. It is estimated that about 45% of the new devices incorporate dynamic feedback systems that personalize treatment and elevate performance.

Boost in Rehabilitation Applications
Medical exoskeletons have become integral to modern rehabilitation programs, offering critical support for patients recovering from strokes, spinal cord damage, and degenerative disorders. Clinics using these devices report enhanced motor learning and engagement, with over 40% of therapy routines integrating robotic assistance to improve patient mobility outcomes.

User-Friendly Design Enhancing Acceptance
Advancements in ergonomic and modular designs are making exoskeletons more appealing and practical for long-term use. Materials that reduce weight and improved interface systems are increasing user compliance. Approximately 38% of therapy users cite design comfort as a deciding factor in their continued use of robotic exoskeletons.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Component
    3. Market Snapshot, By Mobility
    4. Market Snapshot, By Extremity
    5. Market Snapshot, By Region
  4. Global Medical Exoskeleton Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased demand for rehabilitation devices
        2. Growing awareness of exoskeleton therapy benefits
        3. Supportive regulatory environment
        4. Focus on enhancing quality of life
      2. Restraints
        1. Limited reimbursement coverage
        2. Healthcare accessibility disparities
        3. User comfort and usability concerns
      3. Opportunities
        1. Specialized exoskeleton development
        2. Telehealth and remote monitoring adoption
        3. User-centric customization
        4. VR and gamification integration
    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 Medical Exoskeleton Market, By Type, 2021 - 2031 (USD Million)
      1. Powered
      2. Passive
    2. Global Medical Exoskeleton Market, By Component, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
    3. Global Medical Exoskeleton Market, By Mobility, 2021 - 2031 (USD Million)
      1. Stationary Medical Exoskeletons
      2. Mobile Medical Exoskeletons
    4. Global Medical Exoskeleton Market, By Extremity, 2021 - 2031 (USD Million)
      1. Lower Extremity Medical Exoskeletons
      2. Upper Extremity Medical Exoskeletons
    5. Global Medical 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, Inc.
      2. Cyberdyne, Inc.
      3. ReWalk Robotics Ltd.
      4. Parker Hannifin Corporation
      5. Hyundai Motor Group (Hyundai Motor Company)
      6. Bionik Laboratories Corp.
      7. Hocoma AG (acquired by DIH International)
      8. ATOUN Inc.
      9. Fourier Intelligence Co., Ltd.
      10. Honda Motor Co., Ltd. (Honda Walking Assist Device)
      11. Wearable Robotics SRL
      12. US Bionics, Inc. (suitX)
      13. Ottobock SE & Co. KGaA
      14. MYONIC GmbH
      15. Wandercraft SA
  7. Analyst Views
  8. Future Outlook of the Market