ABI Research forecasts the robotic exoskeleton market to reach $1.8 billion in 2025, compared to $68 million in 2014. This year, about 6,000 such suits will be sold, mainly for rehabilitation. By 2025, ABI expects to see about 2.6 million suits on the market.
"...this will help keep us healthy and working longer with less fatigue and pain than we would unassisted. The applications are manifold and insurance claims and health care costs certainly reduced..."
suitX, a California-based robotics company designing and manufacturing medical and industrial exoskeletons, today announced it has been voted a Gold Winner for innovation at the 2017 Edison Awards taking place at the Capitale in New York City.
You may not have heard of Homayoon Kazerooni, the roboticist responsible for the burgeoning exoskeleton renaissance. But he knows who you are, and he wants to change your life.
Maker of the Phoenix and MAX Exoskeletons Earns ISO 13485 and ISO 9001 Certifications
Being recognized with an Edison Award has become one of the highest accolades a company can receive in the name of innovation and business.
After years of tinkering and military adventures, the first exoskeleton suits are finally walking out of the lab and into the market.