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Global Exoskeleton Robots Business Report 2024-2030: As Defense Departments Lean towards Advanced Technologies, Opportunities Galore for Military Exoskeleton Robots

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DUBLIN, Feb. 23, 2024 /PRNewswire/ — The “Exoskeleton Robots – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

Global Exoskeleton Robots Market to Reach $4.6 Billion by 2030

The global market for Exoskeleton Robots estimated at US$489.9 Million in the year 2022, is projected to reach a revised size of US$4.6 Billion by 2030, growing at a CAGR of 32.2% over the analysis period 2022-2030. Hardware, one of the segments analyzed in the report, is projected to record 30.2% CAGR and reach US$3.2 Billion by the end of the analysis period. Growth in the Software segment is estimated at 38.4% CAGR for the next 8-year period.

The report heralds the arrival of the age of robotics, highlighting exciting new technologies driving growth, particularly in the realm of exoskeleton robots. It explores the future of human augmentation, bridging science fiction with reality through wearable machines designed to augment human strength.

An overview of active and passive exoskeletons is provided, along with key applications across various sectors. Amidst a global economic update, the report underscores the shift towards an endemic COVID-19 strategy and its implications for managing future pandemics, alongside the impact of inflationary pressures driven by geopolitical tensions.

COVID-19 is identified as a major catalyst for the deployment of full-body, powered exoskeletons, particularly in senior care facilities and military training, despite disruptions. This has led to a surge in demand, particularly for mobile exoskeletons, with high adoption rates observed in medical and military applications. The report also offers a glance at select exoskeletons across various sectors and provides insights into recent market activities, as well as influencer, product, and technology insights, shaping the trajectory of the exoskeleton robotics market.

 The U.S. Market is Estimated at $210.3 Million, While China is Forecast to Grow at 40.9% CAGR

North America is highlighted as the most lucrative market for exoskeleton robots. The competitive landscape is examined, including key competitors’ market share percentages and their presence in the market.

The Exoskeleton Robots market in the U.S. is estimated at US$210.3 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$783 Million by the year 2030 trailing a CAGR of 40.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.8% and 33.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 31.3% CAGR.

MARKET TRENDS & DRIVERS

The Growing World of Human Augmentation Bodes Well for Exoskeleton Designs for Enhancing Human PerformanceWhy Exoskeleton Robots Hold RelevanceAdvancing Technology for Human Augmentation Paving the Way for New Design Concepts in ExoskeletonsHow AI Technology is Revolutionizing Robotic ExoskeletonsRecent Technological Advancements in Exoskeleton Robots Fuel Growth ProspectsInnovations in Exoskeleton Robots Opening New Avenues for Jaw RehabilitationResearchers Develop Wearable Robot to Support WalkingAI-Based Exoskeleton Holds Capability to Estimate User IntentionsSarcos Robotics Unveils Guardian XOInnovative Robotic Boot Turns Heads with Incredible Improvement in Walking SpeedHealthcare Sector Steers Momentum in the Exoskeleton Robots MarketRehabilitation Exoskeleton Robots Set to Make Big GainsPotential Implications of Exoskeleton Robots for Physical RehabilitationExoskeleton Robots Helping Paraplegics to Walk AgainIncreasing Incidence of Neurological, Musculoskeletal and Chronic Medical Conditions to Steer AdoptionImportance of Physical Therapy for Stroke Survivors Bodes WellSelect Arm and Hand Robotic DevicesSelect Leg and Foot Robotic DevicesRising Incidence of Physical Disabilities Steers Importance of Rehabilitation RobotsGrowing Geriatric Population & Parallel Rise in Prevalence of Age-Related Conditions: Strong Business Case for Rehabilitation Exoskeleton RobotsRising Care Costs & Shortage of Home Care Workers for Disabled and Elderly Turn Focus onto Rehabilitation RobotsResolving Prevailing Issues & Challenges: Critical for Future Success of Rehabilitation Exoskeleton RobotsExoskeleton Robots Poised to Transform Industrial SectorExoskeleton Robots to Play a Vital Role in Transforming Industries and SocietyWhy Robotic Exoskeletons are a Huge Draw for Modern Industrial Landscape?Industrial Exoskeleton Robots Promise Increased Worker Productivity & Reduced Workplace InjuriesCurrent Trends in Industrial Automation & Industry 4.0 Favor UptakeAs Defense Departments Lean towards Advanced Technologies, Opportunities Galore for Military Exoskeleton RobotsNew Range of Military Exoskeletons Come to the Fore to Address Stringent Requirements of Infantry SquadsEmphasis on Soldier Protection & Strengthening Infantry Capabilities Widen the Business CaseExoskeleton Robots Augment Military Wearable TechnologyAI Steps into Reinforce Military Exoskeleton RobotsUS Marines Test Real-Life Exoskeleton RobotsConstruction Sector: A Niche Domain for Exoskeleton RobotsAdvancements in Exoskeleton Technology for Construction IndustryExoskeleton Suits Make Big Inroads in Automotive Industry to Lighten Worker LoadMovers Move without Pauses with Robotic Exoskeleton TechnologySmart Exoskeleton Market Poised to Witness Robust GrowthSmart Textiles to Play an Important Role in the Development of Smart ExoskeletonsMajor Challenges Associated with Exoskeleton RobotsLack of Standards Holding Back Exoskeleton Adoption

FOCUS ON SELECT PLAYERS (Total 100 Featured) 

AiTreat Pte. Ltd.Cyberdyne, Inc.BIONIK Laboratories CorporationEkso Bionics Holdings, Inc.HandyRehabKUKA AGLockheed Martin CorporationOttobock SE & Co. KGaASarcos CorporationTyromotion GmbH

For more information about this report visit https://www.researchandmarkets.com/r/lafw4e

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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SOURCE Research and Markets

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Function Now Connects to Meta’s Muse, Allowing Members to Bring Their Personal Health Data to the New AI Agent

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Members can securely bring their Function health data into Muse to better understand their health and personalize their AI experience.

AUSTIN, Texas, Sept. 8, 2026 /PRNewswire/ — Function today announced that members can securely connect their Function health data to Muse, Meta’s new personal AI agent. Muse joins ChatGPT, Claude, and Perplexity in Function’s growing network of AI connectors, giving members the ability to bring their personal health data into the AI experiences they choose to use.

Muse can use a member’s Function insights as personal context to help them understand their health, build and adapt plans around their goals, track progress, and follow through over time, while members remain in control of their data.

“Your AI should know your biology,” said Jonathan Swerdlin, CEO and Co-founder of Function. “By connecting Function health data to Muse, people can bring a living picture of their health into the AI platforms they use every day. We are entering a world where people understand their bodies in far greater detail and increasingly rely on AI to make decisions. Bringing those together makes AI dramatically more useful.”

How it works

Members authorize the connection from inside Meta, through the same account controls they already use to manage their account data. Once connected, Muse draws on their lab results and clinician-reviewed summaries to inform the goals and tasks a member brings to it.

Ask Muse how a lab result compares to a member’s optimal range before deciding whether to act on itHave Muse build or adjust a plan toward a health goal, using a member’s own Function insights as contextLet Muse flag when it’s time to schedule a member’s next Function lab visit, and follow up until it’s on the calendar

The Function health connector will roll out in the coming weeks. To learn more about Function or become a member, visit www.functionhealth.com.

About Function

Function is on a mission to enable everyone to live 100 healthy years. A groundbreaker in its category, Function has changed the game by making lab testing, MRI and CT, and longitudinal health data accessible, understandable, and actionable—serving millions. Function’s Medical Intelligence Lab™ (MI Lab™) is leveraging a dedicated clinical team to develop a continuous learning system that helps its members see, understand, and act on their biology over time. Members receive access to 160+ lab tests—including biannual testing—for just $365/year, equivalent to $1 per day, covering the heart, hormones, thyroid, liver, kidneys, heavy metal exposures, nutrient levels, inflammation, potential cancer signals, and more. Each member’s results are integrated into an intelligent, personalized interface designed to support powerfully informed decision-making. Function members can also access (for an additional cost) MRI and CT that are designed to see signs of cancer and hundreds of other conditions. Function believes everyone should have the power to own their health.

View original content to download multimedia:https://www.prnewswire.com/news-releases/function-now-connects-to-metas-muse-allowing-members-to-bring-their-personal-health-data-to-the-new-ai-agent-302872964.html

SOURCE Function Health

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Teletrac Navman Appoints Ricardo Buranello as CEO

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Alain Samaha to Continue Serving on Board of Directors

SYDNEY, Sept. 9, 2026 /PRNewswire/ — Teletrac Navman, a leading global provider of intelligent fleet and asset management solutions, today announced that it has named current Chief Financial and Operating Officer Ricardo Buranello as Teletrac Navman’s next Chief Executive Officer, effective October 1, 2026. Mr Buranello succeeds Alain Samaha, who will continue in the CEO role through September 30, 2026, to ensure a seamless transition. Mr Samaha will remain a member of Teletrac Navman’s Board of Directors and continue supporting the Company’s long-term vision and strategic planning.

Mr Buranello is a seasoned executive with more than two decades of international experience across telematics, IoT, and high-growth technology businesses. Having served as Chief Financial and Operating Officer since joining Teletrac Navman, he brings deep financial and operational expertise, a strong strategic orientation, and an intimate knowledge of the business that make him ideally suited to lead the Company into its next chapter. Mr Buranello previously held leadership roles at Telit Cinterion, Siemens and Totvs.

“This represents an ideal time for Teletrac’s next phase of leadership, and we’re confident that Ricardo is the right person for the job,” said Jonathan Olefson, Chairman of the Board at Teletrac Navman. “Ricardo is a proven, mission-oriented leader who understands our business from the inside out. We look forward to what he and the entire team will accomplish.”

“Alain helped transform Teletrac into a global leader in telematics and fleet management solutions. We are grateful for his vision, passion, and many contributions, and look forward to working with him on the Board,” continued Olefson.

Mr Samaha stated, “Leading Teletrac has been one of the great privileges of my professional life. I am proud of what we have done together, and I am equally excited about what lies ahead for Teletrac. Ricardo is the right leader for this moment. His strategic clarity and deep understanding of our business will serve Teletrac, our customers, and our employees well into the future.”

Mr Buranello added, “I am honoured by the trust the Board has placed in me and energised by the opportunities ahead. Our customers, employees, and partners can count on the same dedication to innovation, excellence, and delivering meaningful results that has been at the core of Teletrac since the beginning.”

Under Mr Buranello’s leadership, Teletrac Navman will continue advancing its cloud-based, AI-powered connected mobility platform while building on the growth, stability, and customer focus that have long defined the Company.

About Teletrac Navman

Teletrac Navman empowers the industries that transform and sustain our futures with simple and intelligent solutions that enhance the efficiency, safety, and sustainability of their operation. As a connected mobility platform for industries that manage vehicle and equipment assets, Teletrac Navman simplifies the complex so that its customers can transform the way they work through cloud-based solutions that leverage AI to unlock the power of operational insight. The company operates globally, with offices worldwide and headquarters in Northbrook, IL. For more information visit https://www.teletracnavman.com.au/.

About Respida

Respida is a software-focused private equity firm with decades of combined investing and operating experience. The firm partners with management teams at growth-oriented software and software-enabled companies, bringing hands-on operational rigor and financial discipline to drive growth and build durable market leaders. For more information, visit https://respida.com/.

View original content:https://www.prnewswire.com/apac/news-releases/teletrac-navman-appoints-ricardo-buranello-as-ceo-302872980.html

SOURCE Teletrac Navman

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Coda welcomes Bombay High Court judgment in its favor

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SINGAPORE, Sept. 8, 2026 /PRNewswire/ — Coda welcomed the Bombay High Court’s judgment on 2 September 2026 allowing the appeal by Coda Payments India and setting aside the orders that had kept its bank accounts and payment accounts frozen.

The judgment is a significant and positive outcome for Coda. We have been clear and consistent in our position throughout the proceedings and welcome the Court’s decision.

Coda has cooperated fully with the relevant authorities and respects the legal process. We now look forward to the judgment being implemented expeditiously and in full.

Coda remains committed to meeting all applicable legal and regulatory requirements in every market in which it operates.

The Bombay High Court’s judgment relates to the freeze on Coda Payments India’s bank accounts and payment accounts. Other related proceedings remain ongoing.

About Coda

Coda is a global leader in monetization, distribution, and commerce, trusted by the biggest names in gaming, entertainment, and technology, including Activision, Electronic Arts, Riot Games, Ubisoft, and Moonton. Founded in 2011 and headquartered in Singapore, Coda operates with 670+ employees worldwide, with core hubs in Asia and Europe. Coda combines payments, commerce, distribution, and rewards to drive global revenue growth for brands and publishers.

Coda’s products include Codapay, which provides access to 400+ payment methods across 80+ markets through a single API integration; Coda Webstore, which powers fully customized direct-to-consumer storefronts; Coda Consumer Platforms, including Codashop, Recharge.com, and Startselect.com; Coda Distribution, which extends reach through a network of commerce partners; and Giftcloud, a UK-based rewards business serving enterprise customers across Europe.

Coda is backed by Apis Partners, Insight Partners, Smash Capital, and GIC, and has been named an APAC High Growth Company (2023) by Financial Times, one of Granite Asia’s NextGenTech 30 (2024), a payments leader on Fortune’s Fintech Innovation Asia list (2024), and listed among The Straits Times Fastest Growing Fintechs (2024). For more on Coda, visit coda.co.

Press Contact
Coda:
Liz Adam
VP, Corporate Affairs
liz.adam@coda.co 

View original content:https://www.prnewswire.com/apac/news-releases/coda-welcomes-bombay-high-court-judgment-in-its-favor-302872984.html

SOURCE Coda

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