Exoskeleton Market Research and Global Forecast Report 2025-2030: Powered Exoskeletons Lead Growth with Robust Investment Activities, Industrial Adoption Amplifies Expansion
The exoskeleton market is projected to grow from USD 0.56 billion in 2025 to USD 2.03 billion by 2030, with a CAGR of 29.4%. Exoskeletons enhance mobility for those with physical impairments and reduce industrial workers' strain, boosting demand in healthcare and manufacturing. The rise in the elderly population and home rehabilitation heightens this need. Technological advancements, including AI and improved materials, are enhancing exoskeleton functionality and availability. Significant investments, such as those in German Bionic and Verve Motion, highlight the industry's growth potential. Key players include Ekso Bionics, Ottobock, and CYBERDYNE Inc.
Exoskeleton Market
Dublin, June 12, 2025 (GLOBE NEWSWIRE) -- The "Exoskeleton Market by Component (Sensors, Actuators, Power Systems, Controllers, Software), Functionality (Assistive, Rehabilitative, Augmentative, Preventive), Type (Powered, Passive, Hybrid), Body Part (Lower, Upper, Full Body) - Global Forecast to 2030" has been added to ResearchAndMarkets.com's offering.
The exoskeleton market is anticipated to grow significantly, from USD 0.56 billion in 2025 to USD 2.03 billion by 2030, with a robust CAGR of 29.4%
This surge is driven by its expanding integration into healthcare and manufacturing sectors, aiding mobility for physically impaired individuals while reducing industrial workers' physical strain. An aging population and increased home care rehabilitation further propel the demand. The evolution of technology, including AI, sensors, and lightweight materials, enhances the affordability, accessibility, and performance of exoskeletons. Investment from both public and private sectors will continue to bolster product innovation and market growth.
Key players in the market include Ekso Bionics (US), Ottobock (Germany), DIH Medical (Switzerland), Comau (Italy), Myomo Inc. (US), CYBERDYNE Inc. (Japan), Lifeward Ltd. (Israel), Hyundai Motor Group Robotics LAB. (South Korea), B-Temia (Canada), Rex Bionics Ltd. (New Zealand), among others.Powered Exoskeletons Gaining Momentum
The powered exoskeleton sector is witnessing robust growth, exemplified by the strategic investments and increased investor confidence in its commercial viability. German Bionic, an innovator in electrically powered exoskeletons, secured over USD 16.3 million in an extended Series A funding round in December 2023. This investment aims to enhance collaboration with Mubea and scale production for better market deployment.
Additionally, Verve Motion, a Cambridge-based startup specializing in robotic exosuits, raised USD 20 million in a Series B funding round to further its market reach. These developments highlight the strategic investment in powered exoskeleton technology, poised to revolutionize industrial automation, injury prevention, and workforce enhancement.Industrial Sector's Rapid Adoption
The industrial sector is increasingly adopting exoskeletons to boost worker safety, mitigate fatigue, and enhance productivity. They are essential in industries such as manufacturing, logistics, and assembly lines, where repetitive tasks are prevalent. Exoskeletons help mitigate musculoskeletal injuries by supporting the lower back, shoulders, and legs, thereby reducing the occupational health costs and improving productivity.Germany Leading Europe
Germany leads the European exoskeleton market with strong industrial demand and innovation in healthcare, supported by significant private investments. Its robust manufacturing and logistics sectors actively integrate exoskeletons to enhance workforce efficiency and reduce musculoskeletal injuries. Companies like German Bionic are at the forefront, raising over USD 16.3 million to advance their product offerings, with models like Apogee and Apogee+ significantly impacting logistics, retail, and healthcare sectors with their ergonomic benefits.Detailed Insights Include:
Analysis of market drivers, restraints, opportunities, and challenges.
Insights into upcoming technologies, R&D activities, and product launches.
Comprehensive information on lucrative markets.
In-depth competitive assessments and strategic analysis of leading players.
Key Attributes:
Report Attribute
Details
No. of Pages
255
Forecast Period
2025 - 2030
Estimated Market Value (USD) in 2025
$0.56 Billion
Forecasted Market Value (USD) by 2030
$2.03 Billion
Compound Annual Growth Rate
29.4%
Regions Covered
Global
Market Dynamics
Drivers
Rising Demand for Robotic Rehabilitation Solutions From Healthcare Sector
Increased Adoption in Industrial and Manufacturing Sectors
Increased FDA Approvals for Medical Exoskeletons
Challenges
High Cost of Ownership
Comfort and Movement Interference for Workers
Power Supply Limitations and Operational Downtime
Opportunities
Integration of Exoskeletons With AI and IoT Technologies
Increasing Adoption of Exoskeletons in Military and Defense Sectors
Case Studies
Enhancing Worker Ergonomics and Productivity At John Deere With Comau's Mate-Xt Wearable Exoskeleton
Enhancing Logistics Operations and Worker Well-Being At Fiege Group With German Bionic AI-Powered Exoskeleton Technology
Enhancing Worker Safety and Productivity in Tunnel Construction At Granite Construction With Levitate Technologies Exoskeletons
Reducing Physical Strain in Truck Maintenance At Man Truck & Bus With Help of Suitx Technology by Ottobock
Ford Motor Company Enhances Worker Safety and Reduces Injuries With Ekso Bionics Eksovest
Company Profiles
Ekso Bionics
Ottobock
DIH Medical
Comau
Myomo Inc.
Cyberdyne Inc.
Lifeward Ltd.
Hyundai Motor Group Robotics Lab.
B-Temia
Rex Bionics Ltd.
Able Human Motion
Laevo Exoskeletons
German Bionic Systems GmbH
Levitate Technologies, Inc.
Fourier
Trexo Robotics
Wandercraft
Agade
Europe Technologies
Gogoa.Eu
Archelis Inc.
P&S Mechanics Co., Ltd.
Rb3D
Japet Medical Devices
Proteso S.R.L.
For more information about this report visit https://www.researchandmarkets.com/r/bqbv7m
About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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Exoskeleton Market
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