Exoskeleton Market - Growth Drivers and Challenges
Growth Drivers
- Rising demand in healthcare & rehabilitation: The continuously increasing demand in healthcare & rehabilitation is prompting a profitable business environment for the exoskeleton market. The exoskeletons are utilized to help patients with spinal cord injuries, stroke recovery, neurological disorders, and age-associated mobility impairments. Testifying to this, the article published by WHO in April 2024 revealed that spinal cord injury affects more than 15 million people across the globe and is a result of traumatic causes, such as falls and road traffic injuries, or non-traumatic causes, which include tumors, infections, as well as degenerative conditions. It also stated that the condition can lead to partial or complete loss of motor, sensory, and autonomic functions, often causing long-term disability and secondary health complications. Furthermore, timely medical care, rehabilitation,a and widespread availability of assistive technologies are critical factors supporting the continued adoption in the market.
- Industrial applications: Industries such as manufacturing, logistics, construction, and warehousing are opting for these exoskeletons to reduce worker fatigue, prevent injuries facilitate stronger adoption in the exoskeleton market. SUITX by Ottobock in November 2025 announced that it is launching the IX BACK VOLTON, which is an intelligent exoskeleton especially designed for industrial tasks such as order picking and loading, thereby reducing back strain by up to 17 kg per lift and weighing only 4.8 kg. It is equipped with precise motor technology, intelligent sensors, and a Bosch AMPShare battery system, which lasts up to eight hours, and it provides targeted support without restricting any natural movement throughout an entire work shift. Further, it is developed for dynamic workplaces, wherein the exoskeleton aims to improve employee health, prevent musculoskeletal disorders.
- Technological advancements: The aspects of robotics, AI, sensors, and lightweight materials are improving performance, whereas AI and IoT enable data-driven control, fueling progress in the exoskeleton market. In this context, ReWalk Robotics, in November 2023, demonstrated a next-generation exoskeleton prototype by integrating advanced sensors and AI for autonomous decision-making, which efficiently enables the device to detect and react to changes in terrain. This product was developed under Israel’s MAGNET program through the human robot interaction consortium, wherein the prototype aims to make exoskeletons safer, easier to use, and applicable to a broader range of daily activities. In addition, by collaborating with universities and leveraging robotics and human-computer interaction research, ReWalk is advancing human-exoskeleton interaction to improve usability and expand adoption.
Challenges
- Technological limitations: There have been continued improvements in technology, despite which the exoskeleton market still faces restraints in reliability, adaptability, and performance. Most of the systems struggle to synchronize with natural human movement, which causes inefficiencies or discomfort. On the other hand, concerns such as limited battery life, heavy components, restricted mobility, and slow response times reduce practical usability. In addition, adaptation of these exoskeletons to different body types, tasks, and environments is also challenging. Furthermore, the existence of technical failures can raise safety concerns among users, particularly in industrial or medical settings, representing reliability as a major factor hindering widespread adoption in this field.
- User comfort, training, and acceptance: User acceptance is yet another obstacle for the progression of the exoskeleton market. Besides, most of the devices are bulky, heavy, or uncomfortable when worn for longer time periods, thereby limiting their practicality in real-world instances. Therefore, proper training is required to ensure safe and effective use, which in turn increases implementation time and costs for employers and healthcare providers. Simultaneously, the aspects of resistance to change, fear of dependency, and concerns about job displacement in industrial environments also affect adoption in this market. In addition, without intuitive design, ergonomic comfort, and clear user benefits, exoskeletons may struggle to gain long-term acceptance among end users.
Exoskeleton Market Size and Forecast:
|
Base Year |
2025 |
|
Forecast Period |
2026-2035 |
|
CAGR |
17.1% |
|
Base Year Market Size (2025) |
USD 584.5 million |
|
Forecast Year Market Size (2035) |
USD 2.41 billion |
|
Regional Scope |
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of the Exoskeleton market was over USD 584.5 million.
The market size for the exoskeleton market is projected to reach USD 2.41 billion by the end of 2035, expanding at a CAGR of 17.1% during the forecast period, i.e., between 2026-2035.
The major players in the market are Ekso Bionics Holdings, Inc., ReWalk Robotics Ltd., Cyberdyne Inc., Lockheed Martin Corporation, Panasonic Corporation, Hocoma AG, and others.
In terms of mobility, the mobile segment is anticipated to garner the largest market share of 65.7% by 2035 and display lucrative growth opportunities during 2026-2035.
The market in North America is projected to hold the largest market share of 49.3% by the end of 2035 and provide more business opportunities in the future.