Reportstack has announced a new market research report on the Global Exoskeleton System Market is expected to post a CAGR of 72.51 percent from 2014-2019.
An exoskeleton system is a human-machine system that combines human intelligence and machine power. They are widely used in the healthcare sector for rehabilitation, specifically for patients with orthopedic disorders.
These disorders affect the musculoskeletal system, causing severe long-term pain and physical disability. Exoskeletons are used to aid orthopedic disorder patients, enabling them to move and walk again.
“Vendors like ReWalk Robotics have developed several exoskeletons that are used in rehabilitation centers, which has had a positive impact on the overall market growth,”.
The report also emphasizes increased development of exoskeletons for military purposes. The market is witnessing an increase in demand for exoskeletons from the US military, and several exoskeleton R&D project contracts are being given to various robotic companies and research institutes in the Americas.
“An exoskeleton called TALOS is undergoing development by Ekso Bionics in collaboration with SOCOM, which is a combat suit with innovative armor, power and health-monitoring display,”
To access full report with TOC, please visit Global Exoskeleton System Market 2015-2019