A recent market report estimates the size of the wearable robots and exoskeletons market to be $2.1 billion by 2021.

Their functionality is evolving rapidly, per the report, including tasks such as assisting personal mobility and supporting occupational heavy lifting.

Exoskeletons are poised to play a significant role in warehouse management, ship building, and manufacturing. As well, they have the potential to be adapted further for expanded use in healthcare and industry, according to a release from Research and Markets.

For more information, visit Research and Markets.

[Source(s): Research and Markets, Business Wire]