Smart Bed Market
The global Smart Bed Market size is expected to reach USD 6496.8 Million by 2026 according to a new study by WhipSmart MI Research. The report “Smart Bed Market by Mode (Manual, Semi-automatic, Automatic); By End-user (Residential, Healthcare, Hospitality, Transportation) By Regions, Segments & Forecast, 2019 - 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.
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Growth in global population coupled with aging population trends will further support the smart bed market. Changing demographic trends along with improving disposable incomes are among key trends supporting the industry growth.
The growing young population and rise in income are mainly driving the expansion of the market. However, lack of experience in manufacturing smart beds in various regions may be a drawback for market growth. The low availability of those beds within the stores and fewer production rate are restraining the market growth.
In the global Smart Bed Market, Strong outlook for smart beds residential as well as healthcare applications has enhanced the regional demand in the recent years. Earlier adoption of the smart beds along with presence of major manufacturers in the region provides a positive outlook for market expansion. High healthcare spending along with appreciable expenditure on residential beds are among key factors driving the industry demand.
The key players in the market Paramount Bed Co., Stryker Corporation, BodiTrak, ArjoHuntleigh AB, Hill Rom Holdings Inc., Sleepnumber, Invacare Corporation, Responsive Surface Technology, Hi-Interiors SRL, Balluga Limited etc. among others. Development of distribution channels, novel product development and aggressive marketing campaigning are some of the success factors in the industry.
WhipSmart MI Market research has segmented the Smart Bed Market report on the basis of mode, end-user and region
Smart Bed Mode Outlook (Revenue, USD Million, 2019 – 2026)
Smart Bed End-User Outlook (Revenue, USD Million, 2019 – 2026)
Smart Bed Regional Outlook (Revenue, USD Million, 2019 – 2026)
Middle East & Africa
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