“Smart Bed Global Market Report 2022” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global smart bed market.
This report focuses on smart bed market which is experiencing strong growth. The report gives a guide to the smart bed market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
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Where is the largest and fastest growing market for the smart bed? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The Smart Bed market global report” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider smart bed market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The smart bed market section of the report gives context. It compares the smart bed market with other segments of the smart bed market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, smart bed indicators comparison.
Scope
Markets Covered:
- 1) By Type: Manual; Semi-Automatic; Automatic
- 2) By Application: Healthcare; Hospitality; Residential; Other Applications
- 3) By Sales Channel: Supermarket/Hypermarket; Online Stores; Specialty Stores; Other Sales Channels
- Companies Mentioned: Besco Medical; BodiTrak; Hi-Interiors SRL; Hill Rom Holdings Inc.; Invacare Corporation
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Executive Summary
Major players in the smart bed market are: Besco Medical, BodiTrak, Hi-Interiors SRL, Hill Rom Holdings Inc., Invacare Corporation, Paramount Bed Co., Responsive Surface Technology, Sleep Number Corporation, Stryker Corporation, Ultimate Smart Bed, Arjo, BAM Labs Inc, Eight, iNyx, Joerns Healthcare LLC, LINET spol. s r.o., Vista Medical Ltd., and Balluga Limited.
The global smart bed market is expected to grow from $2.81 billion in 2021 to $3.06 billion in 2022 at a compound annual growth rate (CAGR) of 8.93%. The smart bed market is expected to reach $3.99 billion in 2026 at a CAGR of 6.09%.
The smart bed market consists of sales of smart beds by entities (organizations, sole traders, partnerships) of smart beds that uses sensors technology to gather data about the sleeping patterns of a person which can also be transferred to smartphones to offer tips on how to sleep better. Smart beds are a emerging technology that helps in improving sleep patterns, and they come with a wide range of features such as sleep tracking, temperature control, air chambers, app integration, position control, audio playback, self-making, extra furniture, and others.
The main types of smart beds are manual, semi-automatic and automatic. An automatic smart bed is one that collects data about your sleeping habits using sensors and other technology. This data is used to self-adjust and optimise your sleep. The application of smart beds is in healthcare, hospitality, residential and other industries. Smart beds are sold in various channels such as supermarket or hypermarket, online stores, specialty stores and other sales channel.
North America was the largest region in the smart bed market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart bed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Rapid expansion in the hospitality industry is driving the growth of the smart bed market. The hospitality industry is a broad group of businesses such as restaurants, hotels, casinos, amusement parks, resorts, cruises, and others that are involved in providing services to customers. Companies in the hospitality industry are increasingly investing in innovative products to enhance the experience of customers by providing better sleep and maintaining a clean and hygienic environment. According to the study conducted by Expedia Group in 2019, an American Online Travel Agency, on more than 1,200 hoteliers, more than 77% of chain hotels are focused on increasing their technology investments, while independent hoteliers are focusing on room renovations. Therefore, rapid expansion in the hospitality industry is expected to boost the smart bed market during the forecast period.
Technological innovations are the key trends gaining popularity in the smart beds market. The companies operating in the smart med sector, are constantly developing new products with advanced technologies and features to increase the quality and sleep time of customers. For instance, in January 2020, Sleep Number Corporation, a USA-based manufacturer of technologically advanced or smart beds launched a new 360 smart bed with advanced sensing capabilities to proactively monitor and improve the quality and sleep time.
In Sep 2021, Baxter international Inc., an American multinational health care company acquired Hill-Rom Holdings, Inc. for $10.5 billion total equity value. This acquisition by Baxter adds smart hospital beds to its existing product portfolio of patient monitoring and diagnostic products. Hill-Rom Holdings, Inc. is a medical device provider based in USA.
The countries covered in the smart bed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Table of Contents
1. Executive Summary
2. Smart Bed Market Characteristics
3. Smart Bed Market Trends And Strategies
4. Impact Of COVID-19 On Smart Bed
5. Smart Bed Market Size And Growth
- 5.1. Global Smart Bed Historic Market, 2016-2021, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Smart Bed Forecast Market, 2021-2026F, 2031F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Smart Bed Market Segmentation
- 6.1. Global Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Manual
- Semi-Automatic
- Automatic
- 6.2. Global Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Healthcare
- Hospitality
- Residential
- Other Applications
- 6.3. Global Smart Bed Market, Segmentation By Sales Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Supermarket/Hypermarket
- Online Stores
- Specialty Stores
- Other Sales Channels
7. Smart Bed Market Regional And Country Analysis
- 7.1. Global Smart Bed Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 7.2. Global Smart Bed Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Smart Bed Market
- 8.1. Asia-Pacific Smart Bed Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 8.3. Asia-Pacific Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Smart Bed Market
- 9.1. China Smart Bed Market Overview
- 9.2. China Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
- 9.3. China Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Smart Bed Market
- 10.1. India Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 10.2. India Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Smart Bed Market
- 11.1. Japan Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 11.2. Japan Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Smart Bed Market
- 12.1. Australia Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 12.2. Australia Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Smart Bed Market
- 13.1. Indonesia Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 13.2. Indonesia Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Smart Bed Market
- 14.1. South Korea Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 14.2. South Korea Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Smart Bed Market
- 15.1. Western Europe Smart Bed Market Overview
- 15.2. Western Europe Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 15.3. Western Europe Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Smart Bed Market
- 16.1. UK Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 16.2. UK Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Smart Bed Market
- 17.1. Germany Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 17.2. Germany Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Smart Bed Market
- 18.4. France Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 18.5. France Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Smart Bed Market
- 19.1. Eastern Europe Smart Bed Market Overview
- 19.2. Eastern Europe Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 19.3. Eastern Europe Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Smart Bed Market
- 20.1. Russia Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 20.2. Russia Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Smart Bed Market
- 21.1. North America Smart Bed Market Overview
- 21.2. North America Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 21.3. North America Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Smart Bed Market
- 22.1. USA Smart Bed Market Overview
- 22.2. USA Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 22.3. USA Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Smart Bed Market
- 23.1. South America Smart Bed Market Overview
- 23.2. South America Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 23.3. South America Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Smart Bed Market
- 24.1. Brazil Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 24.2. Brazil Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Smart Bed Market
- 25.1. Middle East Smart Bed Market Overview
- 25.2. Middle East Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 25.3. Middle East Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Smart Bed Market
- 26.1. Africa Smart Bed Market Overview
- 26.2. Africa Smart Bed Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- 26.3. Africa Smart Bed Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Smart Bed Market Competitive Landscape And Company Profiles
- 27.1. Smart Bed Market Competitive Landscape
- 27.2. Smart Bed Market Company Profiles
- 27.2.1. Besco Medical
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. BodiTrak
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Hi-Interiors SRL
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Hill Rom Holdings Inc.
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Invacare Corporation
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Smart Bed Market
29. Smart Bed Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Research Inquiries
- 30.4. The Business Research Company
- 30.5. Copyright And Disclaimer