Soft Exoskeleton Market Insights Video

According to Cognitive Market Research, the global Soft Exoskeleton market size was USD 2154.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 23.50% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 861.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 21.7% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 646.35 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 495.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 25.5% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 107.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.9% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 43.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 23.2% from 2024 to 2031.
• Healthcare segment is the dominant category in the soft exoskeleton market, accounting for the largest share of demand. This growth is driven by the increasing need for assistive devices to support the rehabilitation of patients with mobility impairments