Soft Robotics Market Top Key Players, Drivers, Trends, Industry Segments Analysis and Forecast 2023

The global soft robotics market size was valued at $573.8 million in 2019, and is projected to reach $3.41 billion by 2027, registering a CAGR of 30.7% from 2020 to 2027

Soft Robotics Market by Type (Soft Grippers, Cobots, Inflated Robotics, and Exoskeleton), Component (Hardware and Software), and End User (Healthcare, Advanced Manufacturing, Food & Beverage, Logistics, and Others): Opportunity Analysis and Industry Forecast, 2020–2027

The global soft robotics market size was valued at $573.8 million in 2019, and is projected to reach $3.41 billion by 2027, registering a CAGR of 30.7% from 2020 to 2027

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As per the report published by Allied Market Research, the global Soft Robotics Market is estimated to showcase significant growth from 2021 to 2027. As per AMR, the recent developments in technology have an instrumental effect on the growth of the market.

The study offers a comprehensive analysis of the driving and restraining factors, lucrative opportunities, market segmentation, and study of major market players. The report includes a detailed analysis of the impact of the Covid-19 pandemic on the global Soft Robotics Market.

The global Soft Robotics Market report includes an overview of the market and highlights market definition and scope along with major factors that shape the Soft Robotics Market.

The study outlines the major market trends and driving factors that boost the growth of the Soft Robotics Market. The report includes an in-depth study of sales, market size, sales analysis, and prime drivers, challenges, and opportunities.

The report offers a comprehensive study of market trends, major market players, and top investment pockets that help make strategic and informed decisions. The study includes a detailed analysis of the top impacting factors and investment pockets that affect the market growth and influence new opportunities in the future.

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Soft Robotics Market Competitive Analysis:

Leading market players profiled in the global Soft Robotics Market report include Bioservo Technologies AB, Cyberdyne Inc., Ekso Bionics Holdings, Inc., F&P robotics AG, Festo AG, Rewalk Robotics Ltd., Righthand Robotics Inc., Roam Robotics, Soft Robotics Inc., and Yaskawa Electric Corporation

These players have adopted several strategies including joint ventures, expansions, mergers & acquisitions, collaborations, and new product launches to strengthen their position in the industry.

Covid-19 Impact on the Global Soft Robotics Market:

The Soft Robotics Market report includes an in-depth analysis of the impact of the Covid-19 outbreak on the market. The prolonged lockdown and restriction on international trade have a significant impact on the global Soft Robotics Market. The Covid-19 pandemic has resulted in a disrupted supply chain and shortage of raw materials, which has affected the market growth. The report includes consumer trends, preferences, and budget impact on the market due to the pandemic. Moreover, the report highlights the opportunity window and key strategic decisions taken by the market players during such unprecedented times.

COVID-19 Scenario:

  • Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on research and development of new products.
  • However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of products in certain locations.

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Soft Robotics Market Segmentation:

The research provides an in-depth segmentation of the global Soft Robotics Market based on the product, type, end-user, and geography. It also presents a comprehensive examination of sales, revenue, growth rate, and market share of each for the historic period and the forecast period.

The global Soft Robotics Market report provides a detailed study of drivers, challenges, restraints, and opportunities in the market. The comprehensive analysis of the major drivers helps new market entrants to understand the current market scenario. The challenges and restraints are essential to comprehend the growth of the market during the forecast period and formulate strategic business plans accordingly. The analysis of the recent and upcoming market trends helps understand the market demand and futuristic opportunities in the market.

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Soft Robotics Market Regional Analysis:                                                       

The report offers a region-wise analysis of the market along with the competitive landscape in each region. The study covers regions including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). These insights assist to formulate strategies and create new opportunities to accomplish remarkable outcomes.

Key Market Segments

By Type

  • Soft Grippers
  • Cobots
  • Inflated Robots
  • Exoskeleton

By Components

  • Hardware
  • Software

By End User

  • Healthcare
  • Advanced Manufacturing
  • Food & Beverages
  • Logistics
  • Others


Q1. At what CAGR, the Soft Robotics Market would grow from 2021 – 2025?

Q2. What will be the revenue of Global industry by the end of 2025?

Q3. How can I get sample report of Soft Robotics Market?

Q4. Which are the factors that drives global industry Growth?

Q5. Who are the leading players in the Soft Robotics Market?

Q6. How can I get company profiles of frontrunners of global market?

Q7. What are the segments of Soft Robotics Market?

Q8. What are the major development strategies of Soft Robotics Market Players?

Q9. By product, which segment would showcase the highest CAGR during the forecast period?

Q10. By Region, which segment holds a lead position in 2020?

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


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