Medical Devices - Rehabilitation Technology & Exoskeletons
Strategic Profile
The company was formerly known as ReWalk Robotics Ltd. and changed its name to Lifeward Ltd. in September 2024, reflecting its expanded portfolio beyond exoskeletons. The company markets and sells its products directly to institutions and individuals, as well as through third-party distributors. The rebranding positions Lifeward as a comprehensive rehabilitation and recovery solutions provider across clinical and home-use settings.
Cyborg Score Rationale
For 2024, Lifeward reported record revenue of $25.7 million (85% increase), driven by strong performance in AlterG Anti-Gravity systems and ReWalk Personal Exoskeleton. The company completed a three-year research program with Israel's HRI Consortium examining AI integration with exoskeletons. However, the company remains small with limited profitability and operates in a highly regulated market.
Top Insights
2024 saw record revenue of $25.7M (85% YoY growth) driven by AlterG and ReWalk product lines
2025 revenue guidance of $28-30M with 47-49% gross margins and significantly lower operating expenses
Completed AI integration research with Israel Innovation Authority's HRI Consortium for next-gen ReWalk exoskeletons
Company operates with 80 full-time employees based in Yokneam Illit, Israel
Named Competitors
MyoCycle FES Systems — Implantable functional electrical stimulation for stroke rehabilitation
ReWalk Alternatives — Other exoskeleton and rehabilitation robotics solutions
Anti-Gravity Treadmill Systems — Competitive unweighting and rehabilitation platforms
Recent Developments
(December 2025) Bob Marshall appointed as Chairman of the Board
(May 2025) Completed three-year AI research program with Israeli Human-Robot Interaction Consortium
(September 2024) Completed formal corporate rebranding from ReWalk Robotics to Lifeward Ltd.
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