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Globe and Mail
14-07-2025
- Business
- Globe and Mail
Piper Sandler Expands Technology Investment Banking Team with the Addition of Anson Tsai
Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Anson Tsai as a managing director to its technology investment banking team. He will be based in the Burlingame office. 'We are excited to welcome Anson to Piper Sandler. Anson's sector experience and deep client relationships will have an immediate impact on our fast-growing team. We look forward to seeing his contributions to the firm and our clients,' said Steven Schmidt, co-head of technology investment banking at Piper Sandler. Prior to joining the firm, Tsai spent ten years with Bank of America Securities on their technology investment banking team. He focused on front-office software coverage, sourcing and executing M&A, IPO, equity and debt financing transactions for both public and private software companies. Before investment banking, he spent nearly eight years in front-office related roles, including sales and marketing management consulting, e-commerce marketing and business development, and event management and marketing. Tsai received a bachelor's degree in electrical engineering and computer sciences from the University of California at Berkeley and earned his Master of Business Administration degree from Cornell University. 'Anson is highly respected across the industry and brings with him tremendous expertise. During his career, Anson has advised on some of the industry's most strategic transactions across the front-office software space. His wealth of knowledge and significant experience will allow us to better serve our clients,' said Brian White, co-head of technology investment banking at Piper Sandler. ABOUT PIPER SANDLER Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Sandler & Co., member SIPC and NYSE; in the U.K. through Piper Sandler Ltd., authorized and regulated by the U.K. Financial Conduct Authority; in the EU through Aviditi Capital Advisors Europe GmbH, authorized and regulated by BaFin as a tied agent of AHP Capital Management GmbH; and in Hong Kong through Piper Sandler Hong Kong Limited, authorized and regulated by the Securities and Futures Commission. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates.
Yahoo
14-07-2025
- Business
- Yahoo
Blood Flow Measurement Devices Market to Surpass USD 1,652.1 Million by 2032, Driven by Rising Demand for Non-Invasive Diagnostics
Burlingame, CA, July 14, 2025 (GLOBE NEWSWIRE) -- The global Blood Flow Measurement Devices Market is estimated to be valued at USD 886.0 Mn in 2025 and is expected to reach USD 1,652.1 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 9.3% from 2025 to 2032. The demand for blood flow measurement devices is projected to rise steadily, driven by several key factors. These include a growing elderly population, an increasing prevalence of cardiovascular diseases, and a rising preference for minimally invasive surgical procedures. Technological advancements particularly in Doppler ultrasound systems are enhancing the accuracy and efficiency of blood flow detection and analysis, further propelling market expansion. However, the high cost of these advanced devices may pose a challenge and potentially limit broader adoption. Request Sample Report: Global Blood Flow Measurement Devices Market Key Takeaways According to Coherent Market Insights (CMI), the global blood flow measurement devices market size is expected to grow significantly during the forecast period, reaching USD 886 Mn in 2025 and USD 1,652.1 Mn by 2032. Global demand for blood flow measurement devices is projected to increase at a CAGR of 9.3% between 2025 and 2032. Laser Doppler blood flowmeters are expected to remain the top-selling product type, generating market revenue of about USD 314.5 Mn in 2025. Based on application, cardiovascular disease segment is expected to account for 45.5% of the global blood flow measurement devices market share in 2025. North America is set to remain the undisputed leader in the blood flow measurement devices industry, accounting for more than two-fifths of the global market share in 2025 Asia Pacific is expected to emerge as a hotbed for blood flood measurement device manufacturers during the assessment period. This is due to rising incidence of cardiovascular diseases and favorable government support. Rising Chronic Disease Burden Spurring Market Growth Coherent Market Insights' latest blood flow measurement devices market analysis offers insights into major factors driving industry growth. One such prominent growth driver is the increasing incidence of chronic diseases. Growing prevalence of cardiovascular and peripheral vascular diseases like atherosclerosis and hypertension is significantly driving demand for blood flow measurement devices. These devices enable real-time monitoring of blood circulation, which is essential for early detection, diagnosis, and timely medical intervention. Immediate Delivery Available | Buy This Premium Research Report: High Cost of Advanced Devices Limiting Market Growth The future blood flow measurement devices market outlook appears optimistic. However, high cost of advanced blood flow measurement devices is a significant barrier to widespread market expansion. Cutting-edge blood flow measurement systems like Doppler and electromagnetic flowmeters are quite expensive. This high cost deters small and medium-sized hospitals and clinics from adopting these technologies, leading to reduced overall blood flow measurement devices market demand. Rising Preference for Non-Invasive Diagnostic Tools Creating Growth Opportunities There is a growing preference for non-invasive and painless methods for measuring blood flow in the modern world. This is expected to uplift demand for advanced blood flow measurement devices, opening lucrative growth prospects for industry players. Increasing geriatric population is also creating growth opportunities for manufacturers of blood flow measurement devices. This is because elderly people are more susceptible to vascular disorders and diabetes, which require blood flow assessments. Impact of AI on the Blood Flow Measurement Devices Market Artificial Intelligence (AI) is becoming a powerful tool in the blood flow measurement devices market. It significantly enhances diagnostic precision, enables real-time monitoring, and expands these tools into wearable and telehealth applications. Advanced analytics powered by AI and machine learning help detect subtle changes in blood flow that human observers might miss. This results in improved accuracy and predictiveness. IoT and cloud integration enable remote monitoring and timely clinician alerts for vascular issues. Key players are developing smart ultrasound and PPG systems with edge AI for cuffless, low-power measurements in wearables and point-of-care devices. Emerging Blood Flow Measurement Devices Market Trends Technological advancements in blood flow measurement systems are breathing new life into the market. Companies are constantly developing advanced Doppler ultrasound and electromagnetic blood flowmeters to improve accuracy, sensitivity, and efficiency of diagnostic procedures. Portable and wearable blood flow measurement devices are gaining immense traction in clinical and homecare settings. Rising adoption of these compact and user-friendly solutions is expected to foster growth of the blood flow measurement devices market in the coming years. Increasing number of surgical and diagnostic procedures is also contributing to rising sales of blood flow measurement devices. These devices are being widely used for blood flow monitoring during vascular surgeries, organ transplants, and reconstructive procedures for better outcomes. Growing number of surgical and diagnostic procedures is contributing to rising sales of blood flow measurement devices. These devices are increasingly used during vascular surgeries, organ transplants, and reconstructive procedures to monitor blood flow and ensure optimal patient outcomes. Request for Customization: Analyst's View said senior analyst Komal Dighe. Current Events and Their Impact on the Blood Flow Measurement Devices Market Event Description and Impact Rising Cardiovascular Complications Linked to Long COVID and Post-COVID Conditions Description: Recent studies highlight a significant increase in vascular complications in post-COVID patients, especially microvascular dysfunction. Impact: This is pushing hospitals and research centers to invest in advanced blood flow measurement tools like laser Doppler and perfusion imaging to track subtle circulatory anomalies in recovering patients. AI Integration in Hemodynamic Monitoring Devices Description: Leading blood flow measurement device companies are launching AI-enabled Doppler and transit-time flow meters that automatically interpret flow data and flag anomalies in real time. Impact: These innovations are reducing clinician burden and enhancing early diagnosis, leading to faster adoption in both high-end hospitals and outpatient care settings. Regulatory Approvals and Reimbursements Description: Recent FDA and CE approvals for innovative blood flow measurement systems (e.g., laser Doppler flowmetry, transit-time flow meters) improve market trust. Impact: Such approvals strengthen commercialization prospects and encourage new product launches by key market players. Competitor InsightsKey companies listed in the blood flow measurement devices market report include: Medistim ASA Cook Medical Inc. Perimed AB Transonic Systems Inc. Atys Medical Getinge Group Deltex Medical Group PLC Biopac Systems Inc. ADInstruments Fluke Biomedical Compumedics Moor Instruments Ltd. ArjoHuntleigh Inc. SONOTEC GmbH NDS Surgical Imaging Cheetah Medical Koven Technology D.E. Hokie & Associates Nihon Kohden Corporation GSI Group Key Developments In July 2024, Getinge introduced Pulsiocare, a cutting-edge hemodynamic monitoring platform built on its award-winning standard user interface. The new advanced device offers a modern and intuitive-to-use platform for hemodynamic assessment and patient monitoring. In October 2024, Researchers at the California Institute created a laser-based, head‑worn device that noninvasively monitors cerebral blood flow and volume using speckle contrast optical spectroscopy (SCOS). This novel device offers a direct method of assessing stroke risk based on physiological markers. Market Segmentation: By Product Type Laser Doppler Blood Flowmeters Ultrasonic Doppler Blood Flowmeters Electromagnetic Blood Flowmeters By Application Cardiovascular Disease Tumor Monitoring Gastroenterology Diabetes Dermatology Others By End User Hospital Clinics Ambulatory Surgical Centers Specialty Centers Others Region: North America Europe Asia Pacific Latin America Middle East Africa Read More Report:Blood Clot Retrieval Devices Market Analysis and Forecast for 2025-2032Blood Glucose Monitoring Market Size, Share & Trend Analysis Report for 2025-2032Blood Pressure Monitoring Devices Market Size, Share, Trends & Opportunities for 2025-2032 Our Trusted Partners:Worldwide Market Reports, Coherent MI, Stratagem Market InsightsGet Recent News: CONTACT: About Us: Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviors, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries. Contact Us: Mr. Shah Coherent Market Insights 533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States US: + 12524771362 UK: +442039578553 AUS: +61-2-4786-0457 India: +91-848-285-0837 Email: sales@ Website: For Latest Update Follow Us: LinkedIn | Facebook | Twitter
Wall Street Journal
05-07-2025
- Business
- Wall Street Journal
Lithium Startup to Raise More Cash For Battery That Makes Battery Materials
The next big thing in the production of battery minerals? Batteries. That is the hope of Eric McShane and Evan Gardner, co-founders of Electroflow Technologies, a Burlingame, Calif.-based startup that wants to use battery cathodes to capture lithium ions directly from salty water.
Yahoo
02-07-2025
- Automotive
- Yahoo
Automotive Bumper Market to Experience Significant Growth, Forecast to Reach USD 28.37 Billion by 2032
Burlingame, CA, July 02, 2025 (GLOBE NEWSWIRE) -- The global automotive bumper market is estimated to be valued at USD 21.27 Bn in 2025 and is expected to reach USD 28.37 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 4.2% from 2025 to 2032. The growth of the automotive bumper market is driven by the increasing global production of automobiles. Rising concerns over passenger safety are further fueling demand for automotive bumpers. Additionally, advancements in bumper design and materials aimed at improving aesthetics and enhancing damage resistance during low-speed collisions are expected to support market expansion. The rising sales of electric vehicles, along with a focus on reducing vehicle body weight, are also set to create new opportunities for lightweight bumpers in the market. Request Sample Report: Global Automotive Bumper Market Key Takeaways According to Coherent Market Insights (CMI), the global automotive bumper market size is estimated to be valued at USD 21.27 Bn in 2025 and USD 28.37 Bn by 2032. Global demand for automotive bumpers is anticipated to grow at a moderate CAGR of 4.2% during the forecast period. By material type, plastic segment dominates the industry, holding a market share of 46.7% in 2025. Based on vehicle type, passenger vehicles category is set to account for nearly three-fifths of the global automotive bumper market share in 2025. Standard bumper segment is projected to hold nearly half of the global automotive bumper market revenue share in 2025. Asia Pacific remains at the epicenter of automotive bumper market growth, holding a prominent share of 38.3% in 2025. This is attributable to booming automotive sector and increasing demand for passenger vehicles. Increasing Production and Sales of Vehicles Spearheading Market Growth Coherent Market Insights' latest automotive bumper market research report provides major factors driving the industry's growth. One such key growth driver is the rising production and sales of vehicles. The global vehicle fleet is expanding at a steady pace. According to the U.S. Energy Information Administration (EIA), global light-duty vehicle (LDV) fleet is projected to reach around 2.21 billion vehicles by 2050. This surge in passenger and commercial vehicles is expected to significantly boost demand for automotive bumpers. Demand will remain particularly high in emerging markets like China and India due to increasing vehicle ownership and rapid urbanization. Immediate Delivery Available | Buy This Premium Research Report: High Cost of Raw Materials Limiting Market Growth The prospective automotive bumper market outlook looks promising. However, high cost of raw materials used in automotive bumper production remains a barrier to wider market expansion. Automotive bumpers are mostly made from plastics, aluminium, and steel. Fluctuations in the prices of these raw materials increase production costs, creating a significant barrier to automotive bumper market growth, particularly in low- and middle-income regions. Rising Emphasis on Vehicle Safety Creating Lucrative Growth Opportunities Governments and regulatory bodies worldwide are continuously implementing stricter crash safety standards. These regulations are encouraging automotive manufacturers to invest in advanced bumper systems designed to absorb impact more effectively and minimize injury risk. As a result, demand for innovative bumper technologies is rising, creating lucrative growth opportunities for automotive bumper manufacturers. To capitalize on these opportunities and comply with regulations, manufacturers of automotive bumpers are focusing on developing advanced bumper systems. These novel systems are designed to absorb impact efficiently and reduce the risk of injury. Expanding aftermarket industry is also expected to open revenue-generation streams for automotive bumper manufacturers. There is a growing demand for bumper replacements due to high rates of vehicle collisions and accidents. Impact of AI on the Automotive Bumper Market Artificial intelligence (AI) is becoming a powerful tool in the automotive bumper industry. It helps companies streamline manufacturing processes, enhance quality control, and enable advanced design optimization. AI-driven systems are being used to detect defects in real time during production, thereby reducing waste and improving product consistency. Similarly, AI-powered predictive analytics assist in forecasting demand and material requirements, minimizing downtime and inventory costs. AI also supports the development of lightweight, impact-resistant materials tailored for enhanced vehicle safety and fuel efficiency. As automakers shift to autonomous vehicles, AI is set to drive sensor and smart system integration in bumpers, opening new avenues for innovation. Emerging Automotive Bumper Market Trends Growing demand for durable and lightweight car bumpers is a key growth-shaping trend. Automakers are increasingly opting for lightweight bumpers made from materials like thermoplastics and carbon fiber to reduce vehicle weight, improve fuel efficiency, and meet strict emission regulations. Rising popularity of electric and hybrid vehicles is positively impacting growth of the automotive bumper market. To capitalize on this trend, leading automotive bumper companies are investing in R&D to develop advanced bumper systems tailored to the needs of electric and hybrid vehicles. Rapid shift towards autonomous vehicles is expected to boost demand for bumpers integrated with advanced technologies. Modern bumpers are increasingly being equipped with sensors, cameras, and radar systems to support Advanced Driver Assistance Systems (ADAS). Customization trend is also playing a key role in boosting the automotive bumper market value. Modern consumers are showing a keen inclination toward vehicle personalization. For instance, they are replacing standard bumpers with sportier and more premium designs to enhance their vehicle aesthetics. There is also a growing trend of using bio-based composites and recycled plastics in bumper designs to enhance sustainability. Similarly, companies are exploring smart materials like self-healing polymers that can regain their original shape after minor impacts. Request For Customization: Analyst's View said Ameya Thakkar, a senior analyst at CMI. Current Events and Their Impact on the Automotive Bumper Market Event Description and Impact 2025 Surge in Global EV Production Capacity Description: Top EV automakers like Tesla, BYD, Hyundai, and Volkswagen have significantly ramped up global EV production in Q1–Q2 2025, especially in North America, China, and Europe. Impact: This is expected to drive demand for lightweight composite and aerodynamic bumper designs optimized for electric vehicles. Stricter ADAS Regulations in the EU Description: The European Union has mandated enhanced Advanced Driver Assistance Systems (ADAS) in all new vehicles sold across the EU. Impact: This is creating demand for bumpers with integrated sensor housings, cameras, and radar equipment. China's EV Export Boom Amid Trade Tensions Description: Despite U.S. and EU tariffs, China continues to export record numbers of NEVs to emerging markets in Asia, the Middle East, and South America in 2025. Impact: This rise in vehicle export is increasing demand for locally-produced bumpers meeting local and international safety and environmental standards. Competitor Insights Key companies listed in the automotive bumper market report: Toyoda Gosei Faurecia Plastic Omnium Futaba Industrial Co., Ltd. Magna International Hyundai Mobis Flex-N-Gate Corporation SMP Deutschland GmbH Valeo Warn Industries, Inc. JAC Products Tong Yang Group MONTAPLAST GmbH OPmobility (Burelle SA) TOYOTA BOSHOKU CORPORATION Key Developments In June 2024, MBA Polymers UK launched a new state-of-the-art facility in Wimblington, Cambridgeshire to recycle car bumpers from end-of-life vehicles. This initiative aims to advance the company's plans to create a fully circular economy for car bumpers in the United Kingdom. In September 2024, Toyoda Gosie announced plans to expand production of bumpers and instrument panels at its existing Park Plant in India. Market Segmentation Material Insights (Revenue, USD Bn, 2020 - 2032) Plastic Metal Fiber and Composite Materials Vehicle Type Insights (Revenue, USD Bn, 2020 - 2032) Passenger Vehicles Commercial Vehicles Bumper Type Insights (Revenue, USD Bn, 2020 - 2032) Standard Bumper Deep Drop Bumper Roll Pan Bumper Step Bumper Tube Bumper Regional Insights (Revenue, USD Bn, 2020 - 2032) North America U.S. Canada Latin America Brazil Argentina Mexico Rest of Latin America Europe Germany U.K. Spain France Italy Russia Rest of Europe Asia Pacific China India Japan Australia South Korea ASEAN Rest of Asia Pacific Middle East GCC Countries Israel Rest of Middle East Africa South Africa North Africa Central Africa Related Reports:Automotive Rubber Parts Market Analysis and Forecast for 2025-2032Plastic Component Market Size, Share, Trends & Opportunities for 2025-2032Aftermarket Automotive Parts Market Size, Share & Trend Analysis Report (2025-2032) Our Trusted Partners:Worldwide Market Reports, Coherent MI, Stratagem Market Insights Get Recent News: CONTACT: About Us: Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviours, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries. Contact Us: Mr. Shah Senior Client Partner – Business Development Coherent Market Insights 533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States Phone: US: + 12524771362 UK: +442039578553 AUS: +61-2-4786-0457 India: +91-848-285-0837 Email: sales@ Website: For Latest Update Follow Us: LinkedIn | Facebook | TwitterError while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
02-07-2025
- Business
- Yahoo
Medical Exoskeleton Market Poised for Growth, Estimated to Hit USD 2,267.2 Million by 2032
The Medical Exoskeleton Market presents strong opportunities due to growing demand for rehabilitation solutions, rising spinal cord injury cases, advances in robotic technology, and increased adoption in elderly care and physical therapy settings Burlingame, CA, July 02, 2025 (GLOBE NEWSWIRE) -- The Global Medical Exoskeleton Market is estimated to be valued at USD 538.4 Mn in 2025 and is expected to reach USD 2,267.2 Mn in 2032, exhibiting a compound annual growth rate (CAGR) of 22.8% from 2025 to 2032. Medical exoskeletons are wearable systems designed to support movement and enhance physical strength. These devices assist individuals with mobility challenges such as muscle weakness or spinal injuries in walking, standing, lifting, and participating in rehabilitation or work-related tasks. Market growth is fueled by the rising number of spinal cord injuries, increasing orthopaedic conditions, and the expanding elderly population. Request Sample Report: Global Medical Exoskeleton Market Key Takeaways According to Coherent Market Insights (CMI), the global medical skeleton market size is expected to grow more than fourfold, from USD 538.4 Mn in 2025 to USD 2,267.2 Mn by 2032. Global demand for medical exoskeletons is anticipated to increase at a prolific CAGR of 22.8% during the forecast period. Based on type, lower body exoskeletons segment is expected to dominate the industry, holding a market share of 43.2% in 2025. North America is projected to account for nearly two-fifths of the global medical exoskeleton market share in 2025. Europe medical exoskeleton market is estimated to be valued at around USD 150. 75 Mn by 2025. Asia Pacific is poised to record fastest growth during the assessment period. This is due to rising incidence of mobility impairments and disabilities, as well as increasing acceptance and adoption of medical exoskeletons. Get Instant Access! Purchase Research Report and Receive a 25% Discount: Rising Prevalence of Disabilities and Neurological Disorders Fueling Market Growth Coherent Market Insights' latest global medical exoskeleton market research report provides insights into key factors driving the industry's growth. One such key growth driver is the increasing incidence of neurological disorders and physical disabilities. According to the World Health Organization (WHO), over 3 billion people worldwide are living with a neurological condition. This rise in neurological disorders like stroke, multiple sclerosis, Parkinson's disease, and cerebral palsy is expected to boost demand for medical exoskeletons. Medical exoskeletons are designed to assist or enhance human movement. They have the tendency to support rehabilitation by assisting weakened muscles. These wearable mechanical devices consist of structural components, control systems, sensors, motors, and actuators that work together to mimic human motion. High Cost and Regulatory Hurdles Limiting Market Growth The global medical exoskeleton market outlook indicates strong future growth. However, high cost of medical exoskeletons and regulatory challenges are expected to limit market expansion to some extent. Advanced medical exoskeletons are quite expensive, costing thousands of dollars. This high cost deters patients with disabilities from opting for medical exoskeletons, leading to reduced market demand. Similarly, medical exoskeletons must undergo rigorous and often lengthy regulatory approval processes. These processes can delay product launches and increase development costs, potentially hindering the global medical exoskeleton market growth. Ongoing Innovations Creating Lucrative Growth Opportunities Innovation remains a prime area of focus for medical exoskeleton companies to capitalize on emerging opportunities. Leading industry players are constantly integrating AI, IoT, sensors, and lightweight materials in their products to enhance functionality, comfort, and adaptability of medical exoskeletons. Similarly, advancements in battery technologies and wearable designs are making medical exoskeletons more attractive, accessible, and user-friendly. These innovations are expected to play a key role in boosting the overall global medical exoskeleton market value during the forecast period. Impact of AI on the Global Medical Exoskeleton Market Artificial intelligence (AI) is creating strides in the global medical exoskeleton market. This advanced technology is transforming rigid assistive devices into adaptive, intelligent companions. AI enables exoskeletons to anticipate users' intentions as well as deliver real-time motion adjustments and reduce fall risk. This heightened responsiveness is particularly beneficial in rehabilitation. AI-enabled remote monitoring and cloud integration allow clinicians to track progress and adjust protocols virtually. This technology helps extend rehabilitation and mobility support beyond traditional healthcare settings, thereby unlocking new growth opportunities in the medical exoskeleton market. Emerging Global Medical Exoskeleton Market Trends Increasing geriatric population is expected to uplift demand for medical exoskeletons, as older adults are more susceptible to mobility impairments and musculoskeletal conditions like osteoporosis and arthritis. This demographic shift is increasing the need for effective rehabilitation solutions and mobility assistance technologies. Rising cases of spinal cord injuries is positively impacting sales of medical exoskeletons. As more people suffer from spinal cord injuries, they need assistive and rehabilitative technologies like medical exoskeletons. These technologies play a crucial role in supporting mobility, enhancing rehabilitation outcomes, and improving quality of life for individuals with spinal cord injuries. There is a rapid transition from stationary exoskeletons to mobile ones. Companies are striving to develop mobile medical exoskeletons to meet evolving needs and preferences of end users. Leading companies are also focusing on developing exoskeletons for home care settings. This will likely contribute to the expansion of the global medical exoskeleton industry in the coming years. Get Customization on this Report: Analyst's View said Manisha Vibhute, a senior analyst at CMI. Current Events and Their Impact on the Global Medical Exoskeleton Market Event Description and Impact U.S. Department of Veterans Affairs Expands Exoskeleton Coverage Description: The U.S. Department of Veterans Affairs has expanded reimbursement eligibility for powered exoskeletons used in spinal cord injury rehabilitation. Impact: This move is expected to open a significant reimbursement pathway, increasing accessibility for U.S. veterans and encouraging wider adoption of exoskeletons in hospitals and rehabilitation centers. Breakthroughs in Exoskeleton Technologies Description: In February 2025, Chulalongkorn University introduced its 'Exoskeleton Wheelchair,' a hybrid robotic suit designed to assist elderly individuals and people with mobility challenges in sitting, standing, and walking. Impact: Such technological advancements are likely to accelerate innovation and fuel market growth in the medical exoskeleton industry. European Union's AI Act Implementation Begins Description: The EU started phased enforcement of the AI Act, with medical AI-powered devices classified under strict regulatory scrutiny. Impact: Companies developing AI-integrated exoskeletons must comply with rigorous transparency and safety criteria. Competitor Insights Key companies listed in the global medical exoskeleton market report: BIONIK ReWalk Robotics Ekso Bionics Suit X PARKER HANNIFIN CORP Rex Bionics Ltd B-Temia CYBERDYNE INC. ExoAtlet Wandercraft Key Developments In April 2025, Lifeward Ltd. announced the U.S. launch of the ReWalk 7 Personal Exoskeleton for people with spinal cord injuries. The new device, featuring enhanced features, is designed to provide a more functional and personalized walking experience. In February 2025, Wandercraft initiated a new clinical trial for its groundbreaking Personal Exoskeleton at the James J. Peters VA Medical Center in the Bronx, NY. It is the world's first self-balancing exoskeleton developed for personal use. In December 2024, researchers at the Korea Advanced Institute of Science and Technology developed a lightweight wearing robot for paraplegic patients. The new Iron Man Robot, named WalkON Suit F1, can approach paraplegic patients and lock itself onto them, enabling them to walk, climb staircases, and maneuver obstacles. Global Medical Exoskeleton Market Segmentation: By Type Lower Body Exoskeletons Upper Body Exoskeletons Full Body Exoskeletons Others (Soft Exoskeletons, Active Exoskeletons, Passive Exoskeletons) By Mobility Mobile Exoskeletons Stationary Exoskeletons Fixed Exoskeletons By End User Rehabilitation Centers Hospitals Long Term Care Centers Homecare Settings Others (Industrial Sites, Military) By Region North America Europe Asia Pacific Latin America Middle East and Africa Read More Reports: Bionic Prosthetics Market Size, Share & Trend Analysis Report (2025-2032)Exoskeleton Market Size, Share, Trends & Opportunities for 2025 to 2032Military Exoskeleton Market Analysis and Forecast for 2025-2032 Our Trusted Partners:Worldwide Market Reports, Coherent MI, Stratagem Market InsightsGet Recent News: CONTACT: About Us: Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviors, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries. Contact Us: Mr. Shah Coherent Market Insights 533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States US: + 12524771362 UK: +442039578553 AUS: +61-2-4786-0457 India: +91-848-285-0837 Email: sales@ Website: For Latest Update Follow Us: LinkedIn | Facebook | Twitter
