Global Exoskeleton Market Size & Outlook, 2023-2030

The exoskeleton industry worldwide is expected to reach a projected revenue of US$ 403.4 million by 2030. A compound annual growth rate of 15% is expected of the worldwide exoskeleton industry from 2024 to 2030.
Revenue, 2023 (US$M)
$151.7
Forecast, 2030 (US$M)
$403.4
CAGR, 2024 - 2030
15%
Report Coverage
Worldwide

Global exoskeleton market highlights

  • The global exoskeleton market generated a revenue of USD 151.7 million in 2023 and is expected to reach USD 403.4 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 15% by 2030.
  • In terms of segment, lower body accounted for a revenue of USD 64.0 million in 2023.
  • Upper Body is the most lucrative extremities segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 151.7 million
Market revenue in 2030USD 403.4 million
Growth rate15% (CAGR from 2023 to 2030)
Largest segmentLower body
Fastest growing segmentUpper Body
Historical data covered2016 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationUpper Body, Lower Body, Full Body

Other key industry trends

  • In terms of revenue, the North America accounted for 49.6% of the global exoskeleton market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Norway is the fastest growing regional market and is projected to reach USD 3.8 million by 2030.

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Exoskeleton Market Companies

Name Profile # Employees HQ Website

Global exoskeleton market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to exoskeleton market will help companies and investors design strategic landscapes.


Lower body was the largest segment with a revenue share of 42.19% in 2023. Horizon Databook has segmented the Global exoskeleton market based on upper body, lower body, full body covering the revenue growth of each sub-segment from 2016 to 2030.


  • Global Exoskeleton Extremities Outlook (Revenue, USD Million, 2016-2030)
    • Upper Body
    • Lower Body
    • Full Body
    • MPC Prosthetics
    • Myoelectrical Prosthetics

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Horizon Databook provides a detailed overview of global-level data and insights on the Global exoskeleton market , including forecasts for subscribers. This global databook contains high-level insights into Global exoskeleton market from 2016 to 2030, including revenue numbers, major trends, and company profiles.

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Global exoskeleton market size, by region, 2016-2030 (US$M)

Top 10 countries: Exoskeleton market size, 2023 (US$M)

Global exoskeleton market share, by extremities, 2023 & 2030 (%, US$M)

Exoskeleton market: Opportunity assessment by country

Global exoskeleton market, by region, 2023 (US$M)

Global exoskeleton market size, by region, 2016-2030 (US$M)

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