Hybrid assistive limb is a powered exoskeleton designed to support and expand the physical abilities of users who are physical disabled. In addition, this device can be used by elderly population for their daily tasks as well as it can also be utilized by workers in critical conditions such as disaster rescue or construction.
Increase in geriatric and disabled population drive the market. However, high cost associated with hybrid assistive limbs impede the growth of the market. Moreover, technological advancements for cost effective products create lucrative opportunities for key market players.
The Global Hybrid Assistive Limb Market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
As the report focuses on global Hybrid Assistive Limb Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
AlterG, Inc
Assistive Innovations Corp
BionX Medical Technologies, Inc
Bionik Laboratories Corp
Chas.A.Blatchford & Sons Ltd. (Endolite)
Cyberdyne, Inc
Ekso Bionics
Focal Meditech
Freedom Innovations, LLC
Hocoma
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Exoskeletons
MPC Prosthetics
Assistive Robots
In Market segmentation by applications :
Stroke
Orthopedics
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Hybrid Assistive Limb Market for the forecast period 2020 - 2026?
• What are the driving forces in the Hybrid Assistive Limb Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Hybrid Assistive Limb industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?