Sep 18, 2023

Immediate Delivery Available, Buy Now @  https://www.consegicbusinessintelligence.com/secure-checkout/1268 Soft Robotics Market Growth Drivers: Growing healthcare sector is spurring the market growth. Rising utilization of soft robotics in food & beverage sector is driving the market growth. Restraints Opportunities Rising adoption of industrial automation fueled by Industry 4.0 is expected to promote potential opportunities for market growth. Global Soft Robotics Market Segmentation Details: Based on type, the wearable robots segment contributed the largest shares to the market growth in 2022. The benefits of wearable robots including lightweight, increased functionality and mobility, ease of wear and removal, constant adaptability to evolving consumer needs, and others are key aspects driving the growth of the segment. Further, the increasing utilization of wearable robots in healthcare and other industrial sectors is driving the growth of the wearable robots segment. Based on end-user, the healthcare segment accounted for the maximum revenue share in the year 2022. Soft robotics is utilized in the healthcare sector for several applications including rehabilitation, diagnostic, and surgical procedures among others. Factors including the growth trend in healthcare expenditure, increasing investments in advanced medical equipment, and rising incidence of diagnostics and surgical procedures are among the key prospects fostering the growth of the healthcare segment. Get Sample Report@  https://www.consegicbusinessintelligence.com/request-sample/1268 Based on region, North American region accounted for the largest revenue share in the year 2022. The growth of multiple industries including food & beverage, logistics, healthcare, and other sectors is driving the growth of soft robotics market in North America. Further, the rising investments in retail & e-commerce and logistics sectors among others are expected to boost the growth of the market in the North American region during the forecast period. Recent Developments In May 2019, Bioservo Technologies launched its new version of Ironhand, a soft robotic muscle strengthening system. The new version of Ironhand includes significant refinements including increased robustness, improved performance, and enhanced comfort and user-friendliness. Key Market Highlights Globally, soft robotic market is divided based on the type into soft grippers, inflated robots, wearable robots, and others. In the context of end-user, the market is separated into healthcare, retail & e-commerce, food & beverage, logistics, and others. The market is geographically divided into five regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. North America and Asia-Pacific are estimated to support the market growth during the forecast period in terms of the large presence of market players combined with high expenditures on advancements in soft robotic market. Browse Full Report & TOC @  https://www.consegicbusinessintelligence.com/soft-robotics-market List of Major Global Soft Robotics Market Players The market research report examines various market factors to determine the key drivers, limitations, and opportunities affecting market players. The report includes a SWOT analysis, regional analysis, and segment analysis to give a complete view of the market situation. This evaluation helps to identify possible growth opportunities through the implementation of technology, product utilization, business strategies, and the launch of new products. The following are major market players operating in the market environment — • Soft Robotics Inc. By Type What is soft robotics? Soft robotics refers to the subset of robotics that primarily emphasizes technologies that closely resemble the physical features of living organisms. Soft robotics involves the design, control, and fabrication of robots that are composed of compliant materials rather than rigid links. What is the dominating segment in the soft robotic market by type? In 2022, the wearable robots segment accounted for the highest market share of 45.4% in the overall soft robotic market. Based on current market trends and future predictions, which geographical region will have the largest impact on the soft robotic growth in the coming years? North America accounted for the largest revenue share in the year 2022. The increasing demand for soft robotics from multiple industries including food & beverage, logistics, and healthcare among others is driving the growth of the regional market. Which region/country is anticipated to witness the highest CAGR during the forecast period, 2023-2030? Asia-Pacific is anticipated to register the fastest CAGR growth during the forecast period due to rapid pace of industrialization and growth of multiple industries such as retail & e-commerce, healthcare, and others. Our Other Research Reports here:-