Europe Passive Exoskeleton Market was valued at USD 0.7 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 21% from 2024 to 2030.
The Europe Passive Exoskeleton Market is evolving rapidly, driven by the increasing demand for enhanced worker safety, efficiency, and productivity. As industries like healthcare, manufacturing, and logistics seek innovative solutions to improve ergonomics and reduce physical strain, passive exoskeletons have emerged as a promising technological advancement. These wearable devices, which support the body without active mechanical assistance, offer significant benefits to workers in physically demanding environments. The market for passive exoskeletons in Europe is expected to grow significantly as various industries recognize their value in promoting worker well-being and improving operational performance.
Several industries are increasingly adopting passive exoskeletons, primarily for their ability to alleviate strain during repetitive tasks. In healthcare, where caregivers and medical professionals are at risk of back injuries from lifting and assisting patients, exoskeletons can provide crucial support. The exoskeleton’s passive nature ensures that it does not require active power sources or intricate mechanical components, making it easier to maintain and use for extended periods.
In the manufacturing and logistics sectors, workers are exposed to physically strenuous tasks that involve lifting, carrying, and bending, leading to long-term health issues like musculoskeletal disorders. Passive exoskeletons assist in reducing the load on the body, providing support for the back, arms, and legs. This functionality is particularly beneficial in industries where workers are exposed to repetitive movements for extended periods, reducing downtime and enhancing productivity.
One key requirement from industries regarding passive exoskeletons is their adaptability. These devices must cater to workers of various body types and be adjustable to ensure comfort and maximum support. Additionally, ease of use and lightweight designs are crucial factors for widespread adoption. The ability of passive exoskeletons to integrate seamlessly into existing work environments without causing disruptions is a primary consideration for industries seeking to incorporate them into their operations.
The demand for passive exoskeletons in Europe is also influenced by increasing regulations around workplace safety. As companies strive to comply with stricter safety standards, the implementation of passive exoskeletons is seen as an investment in reducing injury rates and improving overall worker health. Moreover, technological advancements in materials and design are making these devices more cost-effective and accessible, which is further fueling their adoption across industries.
Overall, the future of the Europe Passive Exoskeleton Market is promising, with numerous industries set to benefit from these devices. Their role in enhancing safety, boosting productivity, and reducing workplace injuries will continue to drive market growth, making passive exoskeletons a key technology in various industrial sectors.
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Bionik Laboratories (Canada)
B-Temia (Canada)
CYBERDYNE (Japan)
Ekso Bionics (US)
Focal Meditech (Netherlands)
DIH Technologies (China)
Hyundai Motor (South Korea)
Lockheed Martin (US)
Meditouch (Israel)
Ottobock (Germany)
ReWalk Robotics (Israel)
Exhauss (France)
Fourier Intelligence (China)
GOGOA Mobility Robots (Spain)
P&S Mechanics (South Korea)
suitX (US)
ATOUN (Japan)
Daiya Industry Co. (Japan)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Passive Exoskeleton Market
Lower-Limb Exoskeletons
Upper-Limb Exoskeletons
Full-Body Exoskeletons
Adaptive Exoskeletons
Active Passive
Fully Passive
Healthcare
Manufacturing
Construction
Aerospace
Military and Defense
Metal
Polymer
Composite Materials
Below 100 kg
100-200 kg
Above 200 kg
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe Passive Exoskeleton Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Passive Exoskeleton Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Passive Exoskeleton Market, By Type
6. Europe Passive Exoskeleton Market, By Application
7. Europe Passive Exoskeleton Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Passive Exoskeleton Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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