Smart Bed Market 2022-2028

Description

List of Tables

Title:Global Smart Bed Market Size, Share &Trends Analysis Report by Product (Manual, Semi-automatic, and Fully-automatic), by End User (Residential, Hospital, and Other End Users), by Distribution Channel (Online and Offline) Forecast (2022-2028).

The global smart bed market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period. The increasing demand for smart home tech devices for comfort is driving the growth of the smart bed market across the globe. The comfort and facility that user gets from a smart is a reason for the high demand for a smart bed among people. For instance, in December 2019, Xiaomi launched 8HMilan Smart Electric Bed. Smart Electric Bed features a dual-motor mechanism that allows users to control both the upper and lower half of the bed independently. Users can also control the Smart Electric Bed with the help of buttons and voice controls.

The global smart bed market is segmented based on product, end-user, and distribution channel. Based on the product, the market is segmented into manual, semi-automatic, and fully automatic. Based on the application segment, the market is sub-segmented into the residential, hospital, and other end users. Based on the distribution channel, the market is sub-segmented into online and offline. Based on the product type segment, fully-automatic smart beds are the most demanded product among the people. For instance, in December 2021, Ergomotion launched premier Non-contact health sensors on display in-person and virtually at Consumer Technology Association's (CTA). Ergomotion's Non-contact Health Sensors monitor subtle body movements while users sleep. Sensors efficiently and non-invasively capture users' core sleep issues such as heart rate, respiratory patterns and more.

Geographically market is segmented into: North America, Europe, Asia Pacific, and the Rest of the World. The Europe region is expected to hold a prominent market share in the global smart bed market during the forecast period due to increased healthcare expenditure in this region. According to European Union, among the EU member states, Germany (11.7 %) and France (11.1 %) had the highest healthcare expenditure relative to GDP in 2019. The rising investment and expenditure on healthcare sector is driving the growth of global smart beds market in this region during the forecast period.

The major companies serving the global smart bed market include Johnson & Johnson Services, Inc., Paramount Bed Co., Ltd., GhostBed, Hill-Rom Holdings, Inc., Tempur Sealy International, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in May 2022, KeepItFly launched a natural and reusable hair extension brand for women of color.

Research Methodology

The market study of the global smart bed market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of the market size and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Smart bed Market Research and Analysis by Hair Type.
Global Smart bed Market Research and Analysis by End-User.
Global Smart bed Market Research and Analysis by Distribution Channel.

The Report Covers:

Comprehensive research methodology of the global Smart bed market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global Smart bed market.
Insights about market determinants that are stimulating the global Smart bed market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026639

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Smart Bed Market
Recovery Scenario of Global Smart Bed Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global Smart Bed Market by Product Type
- 4.1.1. Manual
- 4.1.2. Semi-Automatic
- 4.1.3. Fully-Automatic
4.2. Global Smart Bed Market by End-User
- 4.2.1. Residential
- 4.2.2. Hospital
- 4.2.3. Others
4.3. Global Smart Bed Market by Distribution Channel
- 4.3.1. Online
- 4.3.2. Offline

5. Regional Analysis

5.1. North America
- 5.1.1. US
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Arjo AB (publ)
6.2. GhostBed
6.3. Hill-Rom Holdings, Inc.
6.4. IOF Srl
6.5. Joerns Healthcare
6.6. Johnson & Johnson Services, Inc.
6.7. PARAMOUNT BED CO., LTD.
6.8. ReST
6.9. Sleep Number Corp.
6.10. Stryker Corp.
6.11. Tempur Sealy International, Inc.
6.12. Vista Medical LTD.