| Product Code: ETC5568556 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Armenia exoskeleton market experienced a decline in imports from 2020 to 2024, with a compound annual growth rate (CAGR) of -2.93%. This decline was particularly notable in 2023-2024, with a year-on-year growth rate of -33.05%, indicating a significant decrease in import volumes during that period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Exoskeleton Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Exoskeleton Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Exoskeleton Market - Industry Life Cycle |
3.4 Armenia Exoskeleton Market - Porter's Five Forces |
3.5 Armenia Exoskeleton Market Revenues & Volume Share, By Component , 2022 & 2032F |
3.6 Armenia Exoskeleton Market Revenues & Volume Share, By Type , 2022 & 2032F |
3.7 Armenia Exoskeleton Market Revenues & Volume Share, By Body Part, 2022 & 2032F |
3.8 Armenia Exoskeleton Market Revenues & Volume Share, By Mobility, 2022 & 2032F |
3.9 Armenia Exoskeleton Market Revenues & Volume Share, By Structure, 2022 & 2032F |
3.10 Armenia Exoskeleton Market Revenues & Volume Share, By Vertical, 2022 & 2032F |
4 Armenia Exoskeleton Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of exoskeleton technology in healthcare for rehabilitation purposes |
4.2.2 Growing awareness about the benefits of exoskeletons in enhancing productivity and reducing workplace injuries |
4.2.3 Technological advancements leading to the development of more efficient and cost-effective exoskeleton solutions |
4.3 Market Restraints |
4.3.1 High initial cost of exoskeletons limiting adoption rates, especially among small and medium enterprises |
4.3.2 Limited reimbursement policies for exoskeletons in healthcare settings, affecting market penetration |
4.3.3 Concerns regarding the long-term durability and reliability of exoskeleton products |
5 Armenia Exoskeleton Market Trends |
6 Armenia Exoskeleton Market Segmentations |
6.1 Armenia Exoskeleton Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Armenia Exoskeleton Market Revenues & Volume, By Hardware, 2022-2032F |
6.1.3 Armenia Exoskeleton Market Revenues & Volume, By Software, 2022-2032F |
6.2 Armenia Exoskeleton Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Exoskeleton Market Revenues & Volume, By Powered, 2022-2032F |
6.2.3 Armenia Exoskeleton Market Revenues & Volume, By Passive, 2022-2032F |
6.3 Armenia Exoskeleton Market, By Body Part |
6.3.1 Overview and Analysis |
6.3.2 Armenia Exoskeleton Market Revenues & Volume, By Lower Extremities, 2022-2032F |
6.3.3 Armenia Exoskeleton Market Revenues & Volume, By Upper Extremities, 2022-2032F |
6.3.4 Armenia Exoskeleton Market Revenues & Volume, By Full Body, 2022-2032F |
6.4 Armenia Exoskeleton Market, By Mobility |
6.4.1 Overview and Analysis |
6.4.2 Armenia Exoskeleton Market Revenues & Volume, By Stationary, 2022-2032F |
6.4.3 Armenia Exoskeleton Market Revenues & Volume, By Mobile, 2022-2032F |
6.5 Armenia Exoskeleton Market, By Structure |
6.5.1 Overview and Analysis |
6.5.2 Armenia Exoskeleton Market Revenues & Volume, By Rigid Exoskeletons, 2022-2032F |
6.5.3 Armenia Exoskeleton Market Revenues & Volume, By Soft Exoskeletons, 2022-2032F |
6.6 Armenia Exoskeleton Market, By Vertical |
6.6.1 Overview and Analysis |
6.6.2 Armenia Exoskeleton Market Revenues & Volume, By Healthcare, 2022-2032F |
6.6.3 Armenia Exoskeleton Market Revenues & Volume, By Defense, 2022-2032F |
6.6.4 Armenia Exoskeleton Market Revenues & Volume, By Industrial, 2022-2032F |
6.6.5 Armenia Exoskeleton Market Revenues & Volume, By Others, 2022-2032F |
7 Armenia Exoskeleton Market Import-Export Trade Statistics |
7.1 Armenia Exoskeleton Market Export to Major Countries |
7.2 Armenia Exoskeleton Market Imports from Major Countries |
8 Armenia Exoskeleton Market Key Performance Indicators |
8.1 Number of research and development partnerships for improving exoskeleton technology |
8.2 Percentage increase in the number of healthcare facilities using exoskeletons for patient rehabilitation |
8.3 Average time taken for exoskeleton manufacturers to bring new products to market |
9 Armenia Exoskeleton Market - Opportunity Assessment |
9.1 Armenia Exoskeleton Market Opportunity Assessment, By Component , 2022 & 2032F |
9.2 Armenia Exoskeleton Market Opportunity Assessment, By Type , 2022 & 2032F |
9.3 Armenia Exoskeleton Market Opportunity Assessment, By Body Part, 2022 & 2032F |
9.4 Armenia Exoskeleton Market Opportunity Assessment, By Mobility, 2022 & 2032F |
9.5 Armenia Exoskeleton Market Opportunity Assessment, By Structure, 2022 & 2032F |
9.6 Armenia Exoskeleton Market Opportunity Assessment, By Vertical, 2022 & 2032F |
10 Armenia Exoskeleton Market - Competitive Landscape |
10.1 Armenia Exoskeleton Market Revenue Share, By Companies, 2025 |
10.2 Armenia Exoskeleton Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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