PRESS RELEASE
Published June 5, 2023
The latest report by IMARC Group, titled “Smart Bed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the global smart bed market report. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global smart bed market is expected to exhibit a growth rate (CAGR) of 5.2% during 2023-2028. A smart bed is a technologically advanced bed that generally incorporates various features to improve the sleep experience. These mattresses collect data regarding an individual's sleep habits, including heart rate, breathing, and body temperature, using sensors, machine learning, and other cutting-edge technologies. After analysis, the settings of the bed are changed in real-time to provide the consumer with the best possible sleeping conditions. Typically, smart beds include movable bases so that the user can move the bed into their desired sleeping position. A voice assistant or smartphone app can be used to operate the built-in speakers, ambient lighting, and temperature control systems that are present in many smart beds. Additionally, some smart beds include built-in massage devices that may ease stress and relieve aching muscles.
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Smart Bed Market Trends:
Significant growth in the healthcare industry majorly drives the global market. This can be supported by the rising utilization of smart beds in the healthcare sector due to the increasing preference for automation and advanced patient room. Along with this, the growing installation of smart beds is significantly supporting the market, coupled with the increasing investments in the healthcare sector by governing agencies across the globe. In addition, the widespread adoption of smart beds on account of their benefits, such as smart fabric technology, automatic mattress firmness adjustments, anti-snoring features, adjustable bases, and smart-home connectivity is positively influencing the market. Furthermore, key players are investing in research and development (R&D) to introduce new features, such as thermostats and blood pressure and air pressure measuring technology, creating a positive market outlook. Some of the other factors driving the market include rapid urbanization and continual improvements in the healthcare infrastructure.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Some of these key players include:
- Arjo
- Ascion Llc
- Hi-Interiors srl
- Hill-Rom Holdings Inc.
- Invacare Corporation
- Paramount Bed Co. Ltd.
- Responsive Surface Technology LLC
- Sleep Number Corporation
- Stryker Corporation
- Ultimate Smart Bed
- Vista Medical Ltd.
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Key Market Segmentation:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
- Others
Breakup by Type:
- Manual
- Semi-Automatic
- Fully Automatic
Breakup by End Use:
- Residential
- Hospital
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.
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