South America Exoskeleton Robotic System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Lower Body Exoskeleton, Upper Body Exoskeleton, and Full Body Exoskeleton) and Application (Healthcare, Defense, and Industrial)
The South America exoskeleton robotic system market is expected to grow from US$ 51.91 million in 2022 to US$ 182.50 million by 2028; it is estimated to record a CAGR of 23.3% from 2022 to 2028.Inc
Increasing Technological Advancements and Rising Investments to Drive South America Exoskeleton Robotic System Market Growth During Forecast Period
The healthcare industry trends are changing drastically due to constant technological developments and innovations, enhancing healthcare services and quality of care. Various SAM market players are striving hard to acquire a larger market share, followed by rising investments in exoskeleton robotic systems on a region level. For instance, in April 2022, Exoskeleton maker RoboCT Technology Development Co. completed a $ 15.7 million (RMB 100 million) Series A+ financing round. Additionally, the surge in R&D activities by the companies is expected to accelerate the development of advanced systems for diverse application areas such as healthcare, chemical, defense, and commercial. The companies also hold their technology and intellectual property rights (IPR) that help them maintain their market share. For instance, RoboCT Technology Development Co. is involved in the research and development of exoskeleton technology in several fields, such as entertainment, industry, and sports. RoboCT has applied for over 100 intellectual Property Rights (IPRs) and has received more than 20 awards across different fields. Also, constant technological advancements are expected to augment the market growth. The increased adoption of artificial intelligence (AI) and Internet of Things (IoT) in developing smart exoskeleton robotic systems is expected to complement the market growth. As it is providing the data necessary for advance machine learning and cultivating AI applications it becomes unique in the industry. Thus, the increasing technological advancements and rising investments are likely to catalyze the growth of the SAM exoskeleton robotic system market.
South America Exoskeleton Robotic System Market Overview
The South & Central America exoskeleton robotic system market is segmented into Brazil, Argentina, and the Rest of South & Central America. The healthcare industry in the region is developing significantly owing to the increasing investments and surging healthcare expenditure. Moreover, increase in technological advancements and new product launches are further expected to fuel the growth of the exoskeleton robotic system market in South & Central America during the forecast period.
South America Exoskeleton Robotic System Market Revenue and Forecast to 2028 (US$ Million)
Get more information on this report :
South America Exoskeleton Robotic System Market Segmentation
The South America exoskeleton robotic system market is segmented on the basis of type, application, and country. Based on type, the South America exoskeleton robotic system market is segmented into lower body exoskeleton, upper body exoskeleton, and full body exoskeleton. The lower body exoskeleton segment held the largest market share in 2022.
Based on application, the South America exoskeleton robotic system market is segmented into healthcare, defense, and industrial. The healthcare segment held the largest market share in 2022.
Based on country, the South America exoskeleton robotic system market is segmented into Brazil, Argentina, and the Rest of South America. The Rest of South America dominated the market share in 2022.
Lockheed Martin Corp; Cyberdyne Inc.; Panasonic Holdings Corp; Hocoma AG; ReWalk Robotics Inc.; Ekso Bionics Holdings Inc.; Parker Hannifin Corp.; and AlterG Inc. are the leading companies operating in the South America exoskeleton robotic system market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 SAM Exoskeleton Robotic System Market – by Type
1.3.2 SAM Exoskeleton Robotic System Market – by Application
1.3.3 SAM Exoskeleton Robotic System Market – by Country
2. SAM Exoskeleton Robotic System Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Exoskeleton Robotic System Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 SAM PEST Analysis
4.3 Experts’ Opinion
5. SAM Exoskeleton Robotic System Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Incidence of Stroke and Musculoskeletal Disorders
5.1.2 Increasing Strategic Initiatives
5.2 Market Restraints
5.2.1 High Cost of Exoskeleton Robotic Systems and Unfavorable Reimbursement Scenario
5.3 Market Opportunities
5.3.1 Rising Applications in Military & Defense Sector
5.4 Future Trends
5.4.1 Increasing Technological Advancements and Rising Investments
5.5 Impact Analysis
6. Exoskeleton Robotic System Market – SAM Analysis
6.1 SAM Exoskeleton Robotic System Market Revenue Forecast and Analysis
7. SAM Exoskeleton Robotic System Market – by Type
7.1 Overview
7.2 Exoskeleton Robotic System Market Revenue Share, by Type 2021 & 2028 (%)
7.3 Lower Body Exoskeleton
7.3.1 Overview
7.3.2 Lower Body Exoskeleton: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Upper Body Exoskeleton
7.4.1 Overview
7.4.2 Upper Body Exoskeleton: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Full Body Exoskeleton
7.5.1 Overview
7.5.2 Full Body Exoskeleton: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
8. SAM Exoskeleton Robotic System Market – by Application
8.1 Overview
8.2 Exoskeleton Robotic System Market, by Application 2021 & 2028 (%)
8.3 Healthcare
8.3.1 Overview
8.3.2 Healthcare: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Defense
8.4.1 Overview
8.4.2 Defense: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Industrial
8.5.1 Overview
8.5.2 Industrial: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
9. SAM Exoskeleton Robotic System Market – by Country Analysis
9.1 South & Central America Exoskeleton Robotic System Market
9.1.1 Overview
9.1.2 South & Central America: Exoskeleton Robotic System Market, by Country, 2021 & 2028 (%)
9.1.2.1 Brazil: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Overview
9.1.2.1.2 Brazil: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.3 Brazil: Exoskeleton Robotic System Market, by Type, 2019–2028 (US$ Million)
9.1.2.1.4 Brazil: Exoskeleton Robotic System Market, by Application, 2019–2028 (US$ Million)
9.1.2.2 Argentina: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 Overview
9.1.2.2.2 Argentina: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.3 Argentina: Exoskeleton Robotic System Market, by Type, 2019–2028 (US$ Million)
9.1.2.2.4 Argentina: Exoskeleton Robotic System Market, by Application, 2019–2028 (US$ Million)
9.1.2.3 Rest of South & Central America: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Overview
9.1.2.3.2 Rest of South & Central America: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.3 Rest of South & Central America: Exoskeleton Robotic System Market, by Type, 2019–2028 (US$ Million)
9.1.2.3.4 Rest of South & Central America: Exoskeleton Robotic System Market, by Application, 2019–2028 (US$ Million)
10. Exoskeleton Robotic System Market – Industry Landscape
10.1 Overview
10.2 Growth Strategies in Exoskeleton Robotic System Market
10.3 Organic Growth Strategies
10.3.1 Overview
10.4 Inorganic Growth Strategies
10.4.1 Overview
11. Company Profiles
11.1 Lockheed Martin Corp
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Cyberdyne Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Panasonic Holdings Corp
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Hocoma AG
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 ReWalk Robotics Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Ekso Bionics Holdings Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Parker Hannifin Corp
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 AlterG Inc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. Brazil Exoskeleton Robotic System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil Exoskeleton Robotic System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 3. Argentina Exoskeleton Robotic System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Argentina Exoskeleton Robotic System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. Rest of South & Central America Exoskeleton Robotic System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Rest of South & Central America Exoskeleton Robotic System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Recent Organic Growth Strategies in Exoskeleton Robotic System Market
Table 8. Recent Inorganic Growth Strategies in the Exoskeleton Robotic System Market
Table 9. Glossary of Terms
LIST OF FIGURES
Figure 1. SAM Exoskeleton Robotic System Market Segmentation
Figure 2. SAM Exoskeleton Robotic System Market, by Country
Figure 3. SAM Exoskeleton Robotic System Market Overview
Figure 4. Lower Body Exoskeleton Segment Held Largest Share of Type Segment in Exoskeleton Robotic System Market
Figure 5. Rest of SAM Expected to Show Remarkable Growth During Forecast Period
Figure 6. SAM: PEST Analysis
Figure 7. SAM Experts’ Opinion
Figure 8. SAM Exoskeleton Robotic System Market: Impact Analysis of Drivers and Restraints
Figure 9. SAM Exoskeleton Robotic System Market – Revenue Forecast and Analysis – 2020–2028
Figure 10. SAM Exoskeleton Robotic System Market Revenue Share, by Type 2021 & 2028 (%)
Figure 11. Lower Body Exoskeleton: SAM Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Upper Body Exoskeleton: SAM Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Full Body Exoskeleton: SAM Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. SAM Exoskeleton Robotic System Market, by Application 2021 & 2028 (%)
Figure 15. Healthcare: SAM Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Defense: SAM Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Industrial: SAM Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. South & Central America: Exoskeleton Robotic System Market, by Key Country – Revenue (2021) (US$ Million)
Figure 19. South & Central America: Exoskeleton Robotic System Market, by Country, 2021 & 2028 (%)
Figure 20. Brazil: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Argentina: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Rest of South & Central America: Exoskeleton Robotic System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Growth Strategies in Exoskeleton Robotic System Market
- Lockheed Martin Corp
- Cyberdyne Inc.
- Panasonic Holdings Corp
- Hocoma AG
- ReWalk Robotics Inc.
- Ekso Bionics Holdings Inc.
- Parker Hannifin Corp.
- AlterG Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South America exoskeleton robotic system market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the South America exoskeleton robotic system market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South America market trends and outlook coupled with the factors driving the South America exoskeleton robotic system market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution