Exoskeleton Market Analysis & Data Acquisition Research Report Study, it’s Trends, and Growth by 2028

Data Bridge Market Research analyses the exoskeleton market will be exhibit a CAGR of 41.7% in the forecast period of 2022-2029.The rising occurrence of stroke and growing geriatric population are some of the important factors expected to impact market revenue growth over the forecast period. The global demand for robotic rehabilitation has increased due to a rise in the number of handicapped and geriatric persons. Geriatric population has contributed to an increase in demand for physical therapy services in recent years. The increased percentage of survival using advanced technologies from diseases such as stroke and paralysis has highlighted the significance of exoskeleton in healthcare. Robotic rehabilitation and assistive technology assures reduced stress on physiotherapy personnel and limit costs while improving patients’ quality of life. As the prevalence of handicaps increases globally, there has been an increase in demand for these robotic rehabilitation devices. According to data published by WHO in 2018, over a billion people were estimated to have some sort of disability, accounting for around 15% of the world population. Between 110 million (2.2 percent) and 190 million (3.8 percent) of persons aged 15 and above have major functional impairments. Moreover, manufacturers’ increased emphasis on adding smart technology in exoskeletons to benefit patients will fuel product demand..

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