What is the size of the Soft Robotics Market?

The Soft Robotics Market was valued at USD 1.51 billion in 2023 and is projected to reach a market size of USD 12.15 billion by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 34.7%.

What are the Soft Robotics Market drivers?

Key drivers include the increasing demand for minimally invasive surgical procedures, the growth of human-robot collaboration in manufacturing, rising interest in bioinspired design, and the demand for assistive technologies in the aging population.

What are the segments under the Soft Robotics Market by Type?

The Soft Robotics Market is segmented into Soft grippers, Co-robots, Inflated robots, Wearable robots, Edible robots, and Others.

Which region dominates the Soft Robotics Market?

North America is set to maintain its dominance in the global Soft Robotics market, with the United States showcasing a surge in per capita wealth, driving increased demand for both durable and non-durable goods.

Who are the leading players in the Soft Robotics Market?

Key players include Parrot Drones SAS and GeckoSystems Intl. Corp., KUKA AG, DJI, OMRON Corporation, Honda Motor Co., Ltd., Intuitive Surgical, Stryker, ECOVACS, and many others.