How big is the Soft Robotics Market?

The Soft Robotics Market size is expected to reach USD 1.49 billion in 2024 and grow at a CAGR of 34.45% to reach USD 6.53 billion by 2029. Read More

What is the current Soft Robotics Market size?

In 2024, the Soft Robotics Market size is expected to reach USD 1.49 billion. Read More

Who are the key players in Soft Robotics Market?

Ekso Bionics Holdings, Inc., ReWalk Robotics Ltd., Yaskawa Motoman, Soft Robotics Inc and RightHand Robotics, Inc. are the major companies operating in the Soft Robotics Market. Read More

Which is the fastest growing region in Soft Robotics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Soft Robotics Market?

In 2024, the North America accounts for the largest market share in Soft Robotics Market. Read More

What years does this Soft Robotics Market cover, and what was the market size in 2023?

In 2023, the Soft Robotics Market size was estimated at USD 0.98 billion. The report covers the Soft Robotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Soft Robotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Soft Robotics Market - Trends, Analysis & Growth

Soft Robotics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Soft Robotics Market Demand and Share. The Market is Segmented by Application (Human-Machine Interface and Interaction, Locomotion and Exploration, Manipulation, Medical and Surgical Applications, Rehabilitation and Wearable Robots), and by Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The Market Sizes and Forecasts are in Terms of Value (USD) for all the Above Segments

Soft Robotics Industry Overview

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.

February 2024 - RightHand Robotics, one of the leaders in autonomous AI robotic picking solutions for order completion, announces a multi-year agreement with Staples Inc., one of the Americas leaders in workspace products and solutions. The agreement allows Staples to deploy and install the RightPick item-handling system to automate operations for higher service levels and Next-Day Delivery to over 98% of the United States.
December 2023 - ReWalk Robotics, Ltd., one of the leading providers of innovative technologies that enable mobility and wellness in rehabilitation and daily life for individuals with neurological conditions, announced the successful demonstration of a proof-of-concept next-generation exoskeleton.