As per MRFR analysis, the US Smart Exoskeleton Market Size was estimated at 881.6 (USD Million) in 2023. The US Smart Exoskeleton Market Industry is expected to grow from 953.89 (USD Million) in 2024 to 1,650 (USD Million) by 2035. The US Smart Exoskeleton Market CAGR (growth rate) is expected to be around 5.108% during the forecast period (2025 - 2035).
The US Smart Exoskeleton Market is currently experiencing significant trends driven by advancements in technology and an increasing focus on rehabilitation and assistive devices. The demand for smart exoskeletons is propelled by rising instances of disabilities and injuries, prompting healthcare providers to adopt innovative solutions for enhanced patient mobility and recovery. Federal support and funding, particularly through agencies like the Department of Veterans Affairs and National Institutes of Health, further strengthen the market by promoting research and development in rehabilitation technologies. There are ample opportunities to be explored within the market, particularly in addressing the needs of an aging population and those with mobility impairments.
With over 54 million older adults in the United States, the demand for products that facilitate independence and improve quality of life is critical. Furthermore, industries such as manufacturing and construction recognize the potential benefits of smart exoskeletons to reduce workplace injuries and increase worker efficiency, providing a substantial opportunity for growth. In recent times, there has been a noticeable trend towards personalized exoskeleton solutions that cater to the unique needs of individual users. The integration of smart sensors and artificial intelligence in exoskeletons is enabling real-time adaptations based on user movements, enhancing comfort and usability.
Additionally, the expansion of telehealth services has allowed for remote monitoring and support for users of smart exoskeletons, fostering continuous improvement in user experience. This combination of technological innovation and responsive healthcare solutions is shaping the future landscape of the US Smart Exoskeleton Market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The US Smart Exoskeleton Market Industry is experiencing a significant push due to the rising emphasis on rehabilitation solutions for patients with disabilities and mobility impairments. According to the Centers for Disease Control and Prevention (CDC), approximately 61 million adults in the United States live with a disability, which represents about 26% of the adult population. This growing demographic necessitates advanced rehabilitation tools like smart exoskeletons. Organizations such as the Rehabilitation Engineering and Assistive Technology Society of North America (RESNA) have been actively promoting the integration of technology in rehabilitation, emphasizing the importance of smart exoskeletons in enhancing mobility and independence for these individuals. Moreover, government initiatives in facilitating healthcare access and funding for innovative medical technologies are poised to further boost the adoption of smart exoskeletons for rehabilitation purposes.
The advancement in robotics and artificial intelligence technologies contributes significantly to the growth of the US Smart Exoskeleton Market Industry. The National Institute of Health (NIH) has reported a year-on-year increase in research funding allocated for robotics in healthcare, reaching over USD 1 billion in 2021. This funding supports innovative developments in smart exoskeleton products, enhancing their functionality, affordability, and user-friendliness. Major corporations like Ekso Bionics and ReWalk Robotics are at the forefront of this innovation, continuously integrating AI and improved sensor technologies into their products. This competitive landscape fosters ongoing improvements, thereby increasing consumer interest and adoption rates across various sectors, including rehabilitation, military, and industrial applications.
The aging population in the United States represents a substantial market driver for the Smart Exoskeleton Market Industry. The US Census Bureau indicates that by 2030, one in five residents will be retirement age, contributing to a projected increase in mobility-related health issues. As elderly individuals often experience decreased mobility and related health complications, the demand for supportive technologies such as smart exoskeletons is expected to rise. Companies like Honda and their Segway Robotics have been developing exoskeletons specifically targeting the elderly demographic, aiming to enhance their mobility and assist caregivers. This trend aligns with the increasing demand for assistive devices to support an aging population, strengthening market growth in the coming years.
The US Smart Exoskeleton Market exhibits a diverse landscape segmented by Type, comprising Ultra-Soft Exoskeleton, Soft Exoskeleton, and Rigid Exoskeleton. Each type caters to distinct functionalities and applications, playing a vital role in enhancing mobility and support across various sectors. Ultra-Soft Exoskeletons are designed for close-to-human movement and flexibility, making them ideal for rehabilitation and assistive use, particularly in healthcare where they aid in patient recovery and mobility enhancement. These lightweight devices are revered for their ability to provide support without restricting natural movement, making them favorable for patients undergoing physical therapy. On the other hand, Soft Exoskeletons serve a multifunctional purpose, bridging the gap between rigid structures and traditional assistive devices. These wearables are mainly focused on industrial applications, providing workers with additional support and reducing fatigue during strenuous tasks. They are increasingly valued in manufacturing and logistics, where repetitive motion can lead to injuries over time. This segment demonstrates significant growth potential, propelled by the emphasis on worker safety and productivity enhancement, aligning with the US government's efforts to bolster job security in physically demanding occupations.
Rigid Exoskeletons, characterized by their structural support, are heavily utilized in industrial applications and military operations. These exoskeletons can enhance strength and endurance, making them crucial for carrying heavy loads and performing physically demanding tasks. Pioneering advancements in materials and technology are continuously transforming this segment, leading to better ergonomics and efficiency. These wearables not only aim to alleviate physical strain but also support injury prevention, ultimately influencing operational efficiency. With the increasing recognition of these types’ unique advantages, the US Smart Exoskeleton Market is witnessing significant integration of these technologies across various industries.
Factors such as growing aging population, rising awareness of workplace safety, and technological innovation are driving the demand for these smart wearable solutions. As the industry evolves, the distinct features and capabilities of Ultra-Soft, Soft, and Rigid Exoskeletons are intertwining with advancements in automation and robotics, paving the way for enhanced product offerings within the US market. Overall, this diversification within the Type segment reflects a robust framework poised for future growth, as they address not only the physical demands of users but also broader societal trends towards safety, independence, and rehabilitation.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Component segment of the US Smart Exoskeleton Market is pivotal, comprising essential elements such as Hardware and Software that support the functionality and effectiveness of exoskeletal systems. Hardware plays a critical role, incorporating components like sensors, actuators, and energy sources that enable mobility and support for users, particularly in rehabilitation and industrial applications. As the demand for advanced assistive technology continues to rise, innovations in hardware are instrumental in enhancing performance and user experience within the market.
Software is also significant, offering control algorithms and user interfaces that ensure seamless interaction between the exoskeleton and its user. The integration of artificial intelligence in software solutions has the potential to revolutionize this segment, allowing for more intuitive control and personalized user experiences. The advancements in these components reflect a strong trend toward improved versatility and adaptability, addressing the diverse needs of end-users ranging from rehabilitative patients to industrial workers. Furthermore, the ongoing Research and Development efforts in the US are expected to drive substantial improvements, enhancing the functionality and reliability of these critical market components.
The US Smart Exoskeleton Market, particularly within the Application segment, is experiencing notable growth driven by advancements in technology and increasing demand for rehabilitation and assistance devices. The market comprises various applications, including Upper Limbs, Lower Limbs, and Full Body exoskeletons, each addressing specific needs in rehabilitation and mobility enhancement. Upper Limbs exoskeletons play a crucial role in assisting patients recovering from stroke or other injuries, facilitating mobility and strength recovery. Meanwhile, Lower Limbs exoskeletons are gaining attention for their ability to aid individuals with mobility impairments, offering improved independence and quality of life.
Full Body exoskeletons combine the functionality of both upper and lower limb support, making them significant for comprehensive rehabilitation efforts. The expansion of the US Smart Exoskeleton Market is supported by factors such as an aging population, growing awareness concerning assistive technologies, and an increasing focus on industrial applications for worker safety and efficiency. However, challenges remain in terms of cost, adoption rates, and regulatory approval. Despite these obstacles, this segment is poised for continued growth as technology evolves and becomes more accessible. Overall, the diverse applications of smart exoskeletons are expected to play a transformative role in rehabilitation, mobility, and assistance industries.
The US Smart Exoskeleton Market exhibits significant potential across various verticals, notably Industrial, Healthcare, Military, and Others. In the Industrial sector, smart exoskeletons are increasingly utilized to enhance worker safety and productivity, addressing ergonomic challenges and reducing fatigue-related injuries. The Healthcare vertical focuses on rehabilitation and assistive technologies, with exoskeletons aiding mobility for patients with disabilities and facilitating physical therapy. Furthermore, the Military segment uses smart exoskeletons to bolster soldier capabilities, enhancing endurance and load-bearing capacity during operations, thereby improving operational efficiency.
The "Others" category encompasses diverse applications, including logistics, construction, and agriculture, highlighting the versatility of these technologies. As government initiatives and funding focus on advancing wearable robotics, the US Smart Exoskeleton Market revenue is expected to benefit from innovations that cater to these varied applications, ultimately contributing to substantial market growth across all segments. This diversification underscores the importance of addressing unique challenges within each vertical, revealing opportunities for tailored solutions in enhancing human capabilities and safety.
The US Smart Exoskeleton Market is rapidly evolving, driven by advancements in robotics, artificial intelligence, and materials science. Competitive insights highlight a landscape characterized by innovation, strategic partnerships, and a focus on improving mobility and rehabilitation for users. Companies are increasingly investing in research and development to create exoskeletons that offer enhanced functionalities, better user experience, and accessibility for various applications, particularly in healthcare and industrial settings. The market includes both established players and new entrants that are leveraging technology to differentiate their products and gain a competitive edge. This competitive environment is further intensified by the growing demand for assistive devices among an aging population and the rising acknowledgment of exoskeletons as a vital tool for rehabilitation and productivity enhancement.
Fujisoft has positioned itself as a notable entity within the US Smart Exoskeleton Market, focusing on development and innovation tailored specifically for the needs of users in rehabilitation and industrial applications. The company leverages its expertise in robotics to create smart exoskeleton solutions that enhance user mobility and support recovery processes, which distinguishes it from competitors. Fujisoft’s strength lies in its advanced technological capabilities, as well as its ongoing commitment to improving the design and functionality of its products. The company's presence in the US market has been marked by strategic collaborations with healthcare providers that amplify its reach and impact, ensuring that its cutting-edge products can effectively meet the diverse needs of users seeking mobility assistance or rehabilitation complements.
Parker Hannifin is a significant player in the US Smart Exoskeleton Market, known for its strong engineering capabilities and innovative product lines that enhance user experience in both industrial and medical environments. The company offers a range of exoskeleton solutions tailored for various applications, including workplace ergonomics and rehabilitation support. Parker Hannifin’s strengths lie in its robust research and development framework, allowing for continuous innovation in smart exoskeleton technology. The company has also engaged in strategic mergers and acquisitions, which have augmented its technological expertise and market presence in the US. With a focus on high-quality engineering and a commitment to sustainability, Parker Hannifin continues to strengthen its footprint in the smart exoskeleton sector, positioning itself as a leader in providing cutting-edge solutions that meet the demands of modern mobility and productivity challenges.
The US Smart Exoskeleton Market has recently seen significant developments, particularly with companies such as Ekso Bionics and ReWalk Robotics making strides in rehabilitation technologies. In August 2023, Ekso Bionics received FDA clearance for its Ekso NR device, which enhances mobility and rehabilitation potential for patients with lower limb disabilities. ReWalk Robotics introduced upgrades to its wearable exoskeleton systems, catering to a growing demand for mobility solutions in the healthcare sector. In addition, in July 2023, Parker Hannifin announced an alliance with Human Engineering to enhance collaborative robotics systems, further integrating exoskeletons into industrial applications. Although merger and acquisition activities in this sector have been sparse recently, a notable partnership occurred between SuitX and Cure Medical in June 2023, enhancing their technological capabilities. The market valuation of companies like BrainCo and Bionik Laboratories has also shown positive growth due to increased investment in Research and Development, primarily driven by innovation and regulatory support from government agencies aiming to boost assistive technology. These advancements reflect a strong alignment between technology development and healthcare needs in the US, paving the way for future growth in the smart exoskeleton field.
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 881.6 (USD Million) |
| MARKET SIZE 2024 | 953.89 (USD Million) |
| MARKET SIZE 2035 | 1650.0 (USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.108% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Fujisoft, Parker Hannifin, Lockheed Martin, Human Engineering, Augmedics, Ekso Bionics, ReWalk Robotics, BrainCo, Bionik Laboratories, University of California Berkeley, Skywalker Robotics, Honda, SuitX, Sarcos Technology and Robotics Corporation, Cure Medical |
| SEGMENTS COVERED | Type, Component, Application, Vertical |
| KEY MARKET OPPORTUNITIES | Increased elderly mobility solutions, Rehabilitation and physical therapy enhancements, Military and defense applications growth, Workforce productivity and safety improvements, Advanced robotics integration in industries |
| KEY MARKET DYNAMICS | growing elderly population, increasing mobility impairments, advancements in robotics technology, rising demand for rehabilitation solutions, expanding industrial applications |
| COUNTRIES COVERED | US |
Frequently Asked Questions (FAQ) :
The US Smart Exoskeleton Market is expected to be valued at approximately 953.89 million USD in 2024.
By 2035, the US Smart Exoskeleton Market is projected to reach a value of 1650.0 million USD.
The expected compound annual growth rate (CAGR) for the US Smart Exoskeleton Market from 2025 to 2035 is estimated to be 5.108%.
In 2024, the Soft Exoskeleton is projected to have the largest market size, valued at approximately 350.0 million USD.
The market size for Rigid Exoskeleton is expected to reach approximately 650.0 million USD by 2035.
Key players in the US Smart Exoskeleton Market include Fujisoft, Parker Hannifin, Lockheed Martin, and Ekso Bionics among others.
Key applications of smart exoskeletons include rehabilitation, industrial support, and military use.
The market value for Ultra-Soft Exoskeleton is expected to reach approximately 400.0 million USD by 2035.
Key trends driving growth include advancements in robotics technology and increasing demand for mobility assistance.
Challenges faced by the market include high development costs and regulatory hurdles.
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