What is Smart Beds Market?
Smart beds come with a variety of features that can improve the user experience in both residential and commercial settings. The adoption of smart beds is being driven by the increasing adoption of technology-driven devices that provide useful information about one's health. Smart beds integrate advanced amenities with technology that allows for comfortable changes and connectivity while sleeping. Sleep monitoring, automatic mattress firmness adjustment, climate control, smart fabric technology, adjustable bases, anti-snoring feature, IoT, and smart home networking are just a few of the features available.
The market study is being classified by Type (Manual, Semi-Automatic and Fully-Automatic), by Application (Residential, Hospital and Hospitality) and major geographies with country level break-up.
Select Comfort Corporation (United States), Invacare Corporation (United States), Lojer (Finland), LINET spol (Czechia), Hetech Hospital Equipments (Turkey), BiHealthcare (China), Paramount Bed (Japan), Beijing Jingdong Technology (China), Balluga Limited (China), A.H. Beard (Australia), Hi-Interiors (Italy) and Responsive Surface Technology (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are ArjoHuntleigh AB (Sweden), Hill Rom Holdings (United States), Stryker Corporation (United States), Besco Medical (China) and PROMA REHA (Czechia).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Smart Beds market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Smart Beds market by Type, Application and Region.
On the basis of geography, the market of Smart Beds has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase in Demand for Smart Bed in the Hospitals
- Rising Expenditure in the Healthcare Sector in Developing Countries
- Surging Awareness about the Benefits of Smart Beds among Customers
- Manufacturers Focusing on Producing New Products for Specific Applications
- High Cost of the Smart Bed
- Rise in Disposable Income in the Developing Countries enables People to Purchase Comfort and Luxury Products
- Increasing Research and Development Investment to Create New Advancements in the Product.
- High Maintenance Cost of the Bed
Market Leaders and some development strategies
In Jul-2020, Responsive Surface Technology, LLC (ReST) collaborated with Purple Innovation. Integrating both smart and comfort technologies, ReST is pioneering a new era in sleep coupling an artificial intelligence-powered smart bed with a science-based material that eliminates pressure by being both soft and supportive as well as comfortably cool.
In Oct 2020, Stryker launches the industry’s first and only completely wireless hospital bed, ProCuity that can connect seamlessly to any nurse call system for every acuity level. ProCuity Bed Series designed to enhance patient and caregiver safety for all acuity levels, reduce in-hospital falls., and In Jan 2019, Global medical-technology provider Hill-Rom has gathered healthcare providers and caregivers in Dubai to witness the launch of the Hill-Rom Centrella Smart+ bed in the UAE.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Emergency Hospital Beds, Suppliers and Distributors of Emergency Hospital Beds, Venture Capitalists and Private Equity Firms and End-Use Industry
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