Ekso Bionics Holdings Inc (EKSO)

[Rhetorical]

Exoskeleton Robots Market to Grow at 50.85% CAGR to 2020 Driven by Advances Technology

http://empowerednews.net/exoskeleton-robots-market-to-grow-at-50-85-cagr-to-2020-driven-by-advances-technology/18101696/

"According to the exoskeleton robots market report, advances in material technologies, control systems and sensors, software, and electrical and electronics engineering has helped in the development of new and advanced exoskeletons in the market. The availability of ultra-low-power exoskeleton technology has led to the development of robotic suits that enable anthropomorphic movements, which ensures that the robot does not need external power to operate.

In exoskeleton robots market research report analysts, have estimated the Americas to be the largest market for exoskeleton robots and is estimated to account for a market share of approximately 39% by 2020. Factors like a large number of people suffering from spinal cord injuries, traumatic brain surgeries, stroke, multiple sclerosis, and cerebral palsy have led to a steep rise in the number of rehabilitation centres across the US. The establishment of such rehab centres is expected to drive the exoskeleton robots market in this region.

The global exoskeleton robots market is in the nascent stage, but there is intense competition in terms of product features, price, clinical outcomes, and services. Very few vendors offer exoskeletons that are used in industrial and military applications as this market is still in the developmental and testing phase.
Global Exoskeleton Robots Market: Cyberdyne, Ekso Bionics, ReWalk Robotics, and Rex Bionics.Other Prominent Vendors in the market are: Alter G, Daewoo Shipbuilding and Marine Engineering, Hocoma, Honda, Interactive Motion Technologies, LockHeed Martin, Myomo, Panasonic, Parker Hannifin, Sacros, Toyota Motors, and US Bionics.
Further, the report states that one of the major challenges faced by the global exoskeleton robots market is high cost."