Global Smart Bed Market 2024-2028
The smart bed market is forecasted to grow by USD 1379.2 mn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the smart bed market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investments in sleep technology, rising demand for improved sleep quality, and increase in online retailing.
Technavio's smart bed market is segmented as below:
By Application
- Healthcare
- Residential
- Hospitality
By Distribution Channel
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the rising adoption of technology-driven devices as one of the prime reasons driving the smart bed market growth during the next few years. Also, growing demand for personalized smart beds and new product launches will lead to sizable demand in the market.
The report on the smart bed market covers the following areas:
- Smart bed market sizing
- Smart bed market forecast
- Smart bed market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart bed market vendors that include Arjo AB, Balluga Ltd., Baxter International Inc., Besco Medical Ltd., Boyd Sleep, CVB Inc., Dires LLC, Eight Sleep Inc., Invacare Corp., IOF srl, Joerns Healthcare LLC, LINET Group SE, PARAMOUNT BED HOLDINGS CO. LTD., ReST, Rize Home, SK Furniture and Decoraters, Sleep Number Corp., Stryker Corp., The Sleep Co., and Ultimate Smart Bed. Also, the smart bed market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.