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Smart Pillows Market Size, Share, Growth, Trends, And Forecasts 2020-2027

02-23-2021 10:38 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Smart Pillows Market

Smart Pillows Market

Smart pillows are pillows that have additional features such as snoring control, shape adjustment, sleep tracker, and others. Technological advancements and innovations improve their efficiency; thereby, increasing their demand. Also, its design is comfortable and convenient for patients and old-aged people, which leads to an increase in its sales.

Sleep is essential for refining mental and physical health and improve the quality of life. Surge in awareness among people about the importance of sleep and deprived sleep due to busy lifestyle promotes the utility of products like smart pillows. Smart pillows can detect sleeping patterns and also can measure restlessness, or disturbances if any. In this way, smart pillows can help in dealing with these medical concerns well in advance before they lead to serious health issues in an individual. With this smart pillows have an inbuilt mechanism that can easily detect and control snoring for the user.

Furthermore, poor sleep, harder time falling asleep, and snoring can have a severe impact on the health of old aged people. It gives rise to cognitive problems such as dementia, attention deficiency, cognitive decline, and poor memory, rapidly deteriorating coordination, and mobility. Along with this, sleeping problems lead to the enhancement of heart diseases, weight problems, and diabetes. Thus, the use of smart pillows has experienced growth among the Baby Boomers and Generation X. The geriatricians from all across the globe are also recommending the use of smart pillows to avoid severe health problems.

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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Significant increase in sleep-related issues and a large population of Generation X and Baby Boomers propels the demand for smart pillows. Rapid advancement in innovation and enhanced product efficiency, with the addition of new features boosts the sales of smart pillows. Along with this, increase in demand for hotels and hospitals also propels the growth of the global smart pillow market. A growing number of people are facing obesity, diabetes, heart diseases, which are associated with snoring habits. Hence, this becomes a key driving factor for the global smart pillows market growth. Large investment in research and development by the manufacturers and recommendation of the product by doctors & medical institutions is anticipated to stimulate the demand for smart pillows globally.

However, the high cost of the production of smart pillows hinders its growth to a great extent. Also, the cost of maintenance of smart pillows as compared to conventional pillows is high, which is affecting the smart pillow market growth all over the globe. Another reason that hampers the sales of smart pillows is its high price, which makes it unaffordable for middle-class consumers.

Sleep deprivation causes many chronic illnesses, and smart pillows have proven to be the best solution to prevent disorders related to sleeplessness or improper sleeping habits. Awareness of the product creates lucrative opportunities for smart pillow manufacturers in the coming future. Many untapped markets are expected to open up because of numerous features of smart pillows like meditation guidance, cooling technology, different sleep modes, and others. Advancement in innovation is a huge opportunity to propel the growth of the global smart pillow market.

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Regions covered North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

Companies covered Sunrise Smart Pillow, Sleep Smart Pillow, Dream Pad, Motion Pillow, 10minds, Gio Clavis, Smart Nora, iSense Sleep, Pressure Profile Systems Inc., Advanced Sleep Technologies LLC, and Moona

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About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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