Exoskeletons support occupational heavy lifting. Exoskeletons are poised to play a significant role in
warehouse management, ship building, and manufacturing. Usefulness in occupational markets is being
established. Emerging markets promise to have dramatic and rapid growth.
Industrial workers and warfighters can perform at a higher level when wearing an exoskeleton.
Exoskeletons can enable paraplegics to walk again. Devices have the potential to be adapted further for
expanded use in healthcare and industry. Elderly people benefit from powered human augmentation
technology. Robots assist wearers with walking and lifting activities, improving the health and quality of
life for aging populations.
Exoskeletons are being developed in the U.S., China, Korea, Japan, and Europe. They are useful in
medical markets. They are generally intended for logistical and engineering purposes, due to their short
range and short battery life. Most exoskeletons can operate independently for several hours. Chinese
manufacturers express hope that upgrades to exoskeletons extending the battery life could make them
suitable for frontline infantry in difficult environments, including mountainous terrain.
In the able-bodied field, Ekso, Lockheed Martin, Sarcos / Raytheon, BAE Systems, Panasonic, Honda,
Daewoo, Noonee, Revision Military, and Cyberdyne are each developing some form of exoskeleton for
military and industrial applications. The field of robotic exoskeleton technology remains in its infancy.
View summary of this report @ http://www.radiantinsights.com/research/wearable-robotsindustrial-exoskeletons-market
Robotics has tremendous ability to support work tasks and reduce disability. Disability treatment with
sophisticated exoskeletons is anticipated to providing better outcomes for patients with paralysis due to
traumatic injury. With the use of exoskeletons, patient recovery of function is subtle or non existent, but
getting patients able to walk and move around is of substantial benefit. People using exoskeleton robots
are able to make continued progress in regaining functionality even years after an injury.
Wearable Robots, Exoskeletons at $36.5 million in 2015 are anticipated to reach $2.1 billion by 2021.
All the measurable reve nue in 2015 is from medical exoskeletons. New technology from a range of
vendors provides multiple designs that actually work and will be on the market soon. This bodes well for
market development.
Companies Profiled
Market Leaders
Ekso Bionics
Sarcos / Raytheon
Lockheed Martin