Smart Exoskeleton Market to Register Significant CAGR of 9.94% through 2026
Increasing demand for robotic technologies across various sectors is driving the global smart exoskeleton market until 2026. According to TechSci Research report, “ Global Smart Exoskeleton Market By Component (Actuators, Power Source, Control System, Sensors, Others), By Type (Rigid v/s Soft), By Product Type (Active v/s Passive), By Body Part (Upper body, Lower body, Full body), By Application (Healthcare, Industrial, Military, Others), By Region, Competition, Forecast & Opportunities, 2026 ” , the global smart exoskeleton market stood at USD147.12 million in 2020 and is anticipated to grow at an impressive rate of around 9.94% during the forecast period owing to the increasing geriatric population suffering from problems such as paralysis, muscular dystrophy, among others. Additionally, growing demand in gait rehabilitation is further expected to support the market growth over the next few years. Furthermore, increasing demand for industrial body pa...