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The medical exoskeleton market size is forecast to increase by USD 2.87 billion at a CAGR of 55.77% between 2023 and 2028. The market is experiencing significant growth due to the increasing number of individuals diagnosed with neurological disorders such as multiple sclerosis and strokes, leading to a higher demand for assistive ambulatory devices and exoskeleton. These devices offer mobility assistance for individuals with lower limb paralysis and upper limb weakness. The launch of technologically advanced medical exoskeletons is a key market trend, as these devices provide greater independence and improved quality of life for patients. However, the requirement for well-trained caregivers to operate and maintain these devices presents a challenge for market growth. The market for medical exoskeletons is expected to continue expanding, driven by the rising prevalence of spinal cord injuries and the need for more effective mobility solutions beyond traditional assistive devices like wheelchairs and crutches. The global medical exoskeleton market is experiencing substantial growth, driven by the increasing prevalence of neurological disorders like multiple sclerosis and stroke. These conditions significantly impact mobility, necessitating assistive devices. Medical exoskeletons, advanced wearable robotic systems, offer a promising solution by providing support and enhancing the independence of individuals with lower limb paralysis and upper limb weakness.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Mobility Type
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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