Top 40 Industries Exoskeleton Applications (2025–2035): Expert View by Spherical Insights

Description

According to a research report published by Spherical Insights & Consulting, The Global Exoskeleton Market Size is projected to Grow from USD 551.2 Million in 2024 to USD 3450.3 Million by 2035, at a CAGR of 18.14% during the forecast period 2025–2035. The exoskeleton market's expansion is the world's rapidly ageing population, the rate at which medical devices are being used by many industries, including the automotive, military, defence, and construction sectors, as well as the rising prevalence of stroke.

 

Introduction

The exoskeleton market is the industry that develops, manufactures, and sells wearable robotic suits that improve human strength, movement, and endurance for medical, industrial, and military uses. The growing prevalence of musculoskeletal illnesses and spinal cord injuries (SCI) is propelling the worldwide exoskeleton market's notable expansion. There is a high demand for rehabilitation solutions in the United States due to the approximately 17,730 new SCIS that are diagnosed each year and the 291,000 people who already have one. Exoskeletons are commonly used in industries to improve worker productivity and health and to lessen weariness, as well as in healthcare to aid in patient rehabilitation. Adoption is further accelerated by common industrial ailments, such as cumulative trauma disorders and repetitive strain, especially in the manufacturing, logistics, construction, and automotive industries. AI-powered exoskeletons and other technological innovations are expanding capabilities, enabling users to carry large objects securely and boosting physical performance. Innovative solutions, such as FDA-approved industrial support and rehabilitation equipment, are being implemented by companies such as IKEA, BMW, and Ekso Bionics. Healthcare demands, industrial uses, and continuous product development are propelling market growth and establishing exoskeletons as vital instruments for enhancing human mobility, security, and productivity in a variety of industries throughout the world.

 

Navigate Future Markets with Confidence: Insights from Spherical Insights LLP

The insights presented in this blog are derived from comprehensive market research conducted by Spherical Insights LLP, a trusted advisory partner to leading global enterprises. Backed by in-depth data analysis, expert forecasting, and industry-specific intelligence, our reports empower decision-makers to identify strategic growth opportunities in fast-evolving sectors. Clients seeking detailed market segmentation, competitive landscapes, regional outlooks, and future investment trends will find immense value in the full report. By leveraging our research, businesses can make informed decisions, gain a competitive edge, and stay ahead in the transition toward sustainable and profitable solutions.

 

Unlock exclusive market insights-Download the Brochure now and dive deeper into the future of the Exoskeleton Market.

 

Exoskeleton Market Size & Statistics

• The Market Size for Exoskeleton Was Estimated to be worth USD 551.2 Million in 2024.
• The Market Size is Going to Expand at a CAGR of 18.14% between 2025 and 2035.
• The Global Exoskeleton Market Size is anticipated to reach USD 3450.3 Million by 2035.
• North America is expected to generate the highest demand during the forecast period in the Exoskeleton Market
• Asia Pacific is expected to grow the fastest during the forecast period in the Exoskeleton Market.

Regional growth and demand

Asia Pacific is expected to grow the fastest during the forecast period in the exoskeleton market. An increasing number of patients in need of rehabilitation assistance, Asia Pacific is expected to develop at the fastest rate during the projection period. The exoskeleton market in the Asia Pacific is expanding and growing due to the availability of government funding and assistance, as well as the advancement of healthcare infrastructure. It is anticipated that sustained economic expansion in nations like China, Japan, and India, along with supportive public and private backing, will promote this progress. With an emphasis on increasing strength and mobility, the China exoskeleton business is developing quickly. As evidence of China's dedication to innovation in this area, engineers there are currently working on developing exoskeleton suits to help astronauts.

 

North America is expected to generate the highest demand during the forecast period in the exoskeleton market. The growing number of disabled people, rising research expenditures, growing partnerships and collaborations among major market players, growing public and private support, and the availability of technologically advanced products, North America is leading the market with a 47% market share. In addition, a growing number of important market players, rising disposable income, an ageing population, the availability of both public and private investors, and the growing human augmentation of industry and military segments are all contributing elements to the market's overall growth. A growing number of people with disabilities, more research funding, greater collaborations amongst important stakeholders, the availability of cutting-edge technologies, and robust support from the public and commercial sectors

 

Top 10 trends in the Exoskeleton Market

1. Rapid market growth
2. Advancements in AI and robotics
3. Increased adoption in healthcare
4. Expansion in industrial applications
5. Military and defense integration
6. Focus on lower-cost solutions
7. Development of soft and lightweight designs
8. Integration with cloud computing
9. Regulatory approvals and reimbursement policies
10. Global expansion and market penetration

 

1. Rapid market growth

The growing need for exoskeletons in industrial, military, and healthcare applications is driving the market's rapid expansion. Along with technology developments, growing awareness of mobility solutions, workplace safety, and rehabilitation requirements is propelling notable revenue growth and drawing in new market participants worldwide.

 

2. Advancements in AI and robotics

Exoskeletons can adjust to users' motions in real time thanks to the integration of robotics and artificial intelligence. Exoskeletons are now more responsive, efficient, and user-friendly thanks to intelligent motion control, predictive algorithms, and machine learning, which also improve performance, offer individualised rehabilitation, and increase industrial efficiency.

 

3. Increased adoption in healthcare

Exoskeletons are increasingly used in medical rehabilitation for spinal cord injuries, strokes, and neurological disorders. They improve mobility, facilitate physical therapy, accelerate recovery, enhance patient independence, and allow healthcare providers to deliver more effective and targeted rehabilitation programs.

 

4. Expansion in industrial applications

Industries such as manufacturing, logistics, and construction use exoskeletons to reduce strain, prevent musculoskeletal injuries, and enhance productivity. Wearable support devices allow workers to lift heavy loads safely, minimize fatigue, and maintain efficiency during repetitive or physically demanding tasks.

 

5. Military and defense integration

Defense organizations are adopting exoskeletons to enhance soldier endurance, strength, and mobility. These wearable devices reduce fatigue, increase load-carrying capacity, and improve operational efficiency in challenging environments, with ongoing research and trials for field deployment. 

 

Empower your strategic planning:

Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the exoskeleton market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report. 

 

Top 12 Companies Leading the Exoskeleton Market

1. Hocoma
2. Ekso Bionics
3. Cyberdyne, Inc.
4. ARMASTEC PTE. LTD
5. Lockheed Martin Corporation
6. Suit X
7. Rex Bionics Plc.
8. RB3D
9. ReWalk Robotics
10. ActiveLink (Panasonic Corporation)
11. DIH Medical
12. Others

 

1. Hocoma

Headquarters: Volketswil, Switzerland

Hocoma AG, founded in 1996, is a leading global medical technology company specializing in robotic and sensor-based rehabilitation solutions for neurological and musculoskeletal conditions. The company is best known for its devices such as Lokomat®, Armeo®, Erigo®, and Valedo®, which support patient mobility and functional recovery. Hocoma drives innovation by combining advanced robotics, evidence-based therapy, and data analytics to enhance rehabilitation outcomes. The company fosters collaboration with clinics, therapists, and researchers worldwide. Committed to improving patient care and accessibility, Hocoma continually develops technology-driven solutions to advance rehabilitation practices globally.

 

2. Ekso Bionics

Headquarters: Richmond, California, United States

Ekso Bionics Holdings, Inc. is a cutting-edge technology business that specialises in wearable bionic devices and robotic exoskeletons for industrial and medical purposes. Products like EksoNR® and EksoVest®, which support rehabilitation and increase human strength, are the company's most well-known offerings. Ekso Bionics promotes innovation by enhancing mobility, productivity, and workplace safety through data analytics, AI integration, and sophisticated robotics. The business works with researchers, healthcare professionals, and business partners all over the world. Ekso Bionics is dedicated to improving human performance and accessibility by creating innovative solutions that promote injury prevention, rehabilitation, and effective workforce operations globally.

 

3. Cyberdyne, Inc.

Headquarters: Tsukuba, Ibaraki, Japan

Cyberdyne, Inc., founded in 2004, is a leading robotics and healthcare technology company specializing in exoskeletons and wearable robotic systems. The company is best known for its HAL® (Hybrid Assistive Limb) devices, which support rehabilitation, mobility assistance, and industrial applications. Cyberdyne advances innovation through robotics, AI, and bioengineering to enhance human capabilities and improve patient outcomes. The company collaborates with hospitals, research institutions, and industry partners globally. Committed to safety, accessibility, and technological advancement, Cyberdyne develops solutions that empower individuals, support rehabilitation, and promote human augmentation worldwide.

 

4. ARMASTEC PTE. LTD

Headquarters: Singapore

ARMASTEC PTE. LTD., established in 2021, is a deep-tech firm that specialises in fabric-based exoskeletons that improve workplace safety and lessen physical strain. The company's most well-known product is the AireLevateTM suit, which uses special air-regulated fabric muscles to support the lower back up to 55% when performing hard labour. ARMASTEC addresses musculoskeletal ailments that are common in sectors including manufacturing, shipping, and healthcare by emphasising innovation, ergonomics, and cost-effectiveness. To increase worker productivity and well-being, the corporation works with groups like SATS and SingHealth. ARMASTEC is dedicated to empowering the human body by creating wearable technology that promotes efficiency and safety while blending in smoothly with regular work routines.

 

5. Lockheed Martin Corporation

Headquarters: Bethesda, Maryland, United States

Lockheed Martin Corporation, founded in 1995, is a leading global aerospace, defense, and security company. The company is best known for its advanced technologies in military aircraft, missile systems, space exploration, and cybersecurity solutions. Lockheed Martin operates through four primary divisions: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The company serves a diverse customer base, including the U.S. Department of Defense, NASA, and international governments. Under the leadership of James D. Taiclet Jr., Lockheed Martin continues to drive innovation, ensuring national security and advancing scientific discovery worldwide.

 

Are you ready to discover more about the Exoskeleton market?

The report provides an in-depth analysis of the leading companies operating in the global exoskeleton market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes

 

Company Profiles

1. Hocoma

• Business Overview
• Company Snapshot
• Products Overview
• Company Market Share Analysis
• Company Coverage Portfolio
• Financial Analysis
• Recent Developments
• Merger and Acquisitions
• SWOT Analysis

1. Ekso Bionics
2. Cyberdyne, Inc.
3. ARMASTEC PTE. LTD
4. Lockheed Martin Corporation
5. Suit X
6. Rex Bionics Plc.
7. RB3D
8. ReWalk Robotics
9. ActiveLink (Panasonic Corporation)
10. DIH Medical
11. Others

 

Conclusion

The Global Exoskeleton Market Size is expanding rapidly, driven by increased demand for mobility solutions, rehabilitation equipment, and workplace safety advancements. AI, robotics, and lightweight materials are examples of technological developments that improve usefulness, comfort, and user acceptance. The rising prevalence of spinal cord injuries, musculoskeletal problems, and industrial strain injuries propels both healthcare and industrial uses. Collaborations between manufacturers, healthcare providers, and research institutes help to speed innovation. Despite hurdles like as high costs and regulatory constraints, the market is positioned for long-term growth, particularly in emerging nations, as exoskeletons become indispensable instruments for rehabilitation, productivity, and human enhancement.

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

CONTACT US:

For More Information on Your Target Market, Please Contact Us Below:    

Phone: +1 303 800 4326 (the U.S.)

Phone: +91 90289 24100 (APAC)

Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com

Contact Us: https://www.sphericalinsights.com/contact-us

Follow Us: LinkedIn | Facebook | Twitter