Market Share of Soft Robotics Industry
The Soft Robotics Market has seen huge investments in the technical front, and new entrants are expected to emerge in the market. Currently, soft robot manufacturers have very specific solutions, and the market is moderately competitive. However, with the advent of big players in the robotics market, venturing into soft robotics is expected to increase the competition.
- June 2022 - Ekso Bionics received FDA 510(k) clearance for its EksoNR exoskeleton. Ekso designed the EksoNR technology for use with Multiple Sclerosis patients. The latest generation of the Ekso Bionics platform, the EksoNR, previously obtained clearance for stroke and spinal cord rehabilitation in 2016, and for acquired brain injury in 2020.
- May 2022 - Scientists at North Carolina State University showcased a soft robot, developed like a caterpillar, competent in moving forward, backward, and squeezing through tight spaces. The movement of this caterpillar-inspired robot is powered by a unique pattern of silver nanowires that utilize heat to regulate its bending, allowing users to direct the robot in any desired direction. The scientists claimed that the next steps would include integrating this approach to soft robot locomotion with sensors or other technologies for use in various applications like search-and-rescue devices.
Soft Robotics Market Leaders
Ekso Bionics Holdings, Inc.
ReWalk Robotics Ltd.
Yaskawa Motoman
Soft Robotics Inc
RightHand Robotics, Inc.
*Disclaimer: Major Players sorted in no particular order
