Selbyville, Delaware, June 08, 2022 (GLOBE NEWSWIRE) —
Exoskeleton Market is projected to surpass USD 5 billion by 2030, according to the latest research analysis by Global Market Insights Inc. The market growth is credited to the growing cases of Parkinson’s diseases across the globe.
The demand for semi-passive exosuits is driven by their increasing adoption in the healthcare sector. They offer several high-end features compared to passive & active technology such as joint angle sensors for measuring body flexion, energy efficiency, and novel active mechanism, among others. Semi-passive exosuits are ideal for patients with mobility impairments as they use a motor to change the assistance force between springs to reduce muscle activity.
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The military & defense segment growth is attributed to the rising usage of exosuit in defense to cover the arms and legs of the soldiers. They also assist soldiers to go an extra mile while carrying mission-essential equipment, by reducing efforts in climbing, lifting, and walking. The increasing acceptance of military exosuits in Canada, the U.S., China, and Germany is expected to boost the market during the forecast period.
The Europe exoskeleton market is witnessing an upsurge due to the increasing advancements in construction, aerospace, and other sectors. Several market participants in the region are focusing on developing…
