The fast-growing exoskeleton market is forecast to exceed $5 billion in annual revenue over the next 10 years, according to consultants at ABI Research.
Across a range of applications, exoskeletons are increasingly being introduced to augment human capability; for assistive purposes in the workplace, and for enabling and rehabilitative purposes for the healthcare market.
Though a technology that has been talked about since the Sixties, exoskeletons are only now beginning to demonstrate their practical value. As of 2018, global shipments stand at 7 thousand units with a global hardware revenue of $192 million. [Read more…] about Fast-growing exoskeleton market set to exceed $5 billion in annual revenue, says report