Smart Bed Market Forecasted to Achieve US$ 6.73 Billion by 2033, with 7% CAGR

In 2023, the smart bed market is projected to be valued US$3.42 billion globally. True.According to MR's research, sales of smart consumer appliances-including smart beds-will be fueled by the growing popularity and trend of smart homes. Global sales of smart beds are predicted to increase at a 7% CAGR to US$ 3.73 billion by 2033.

Hospitals are using more smart beds as a result of growing automation and advancements in patient care technologies, which is propelling the smart bed market's expansion. The swift progress in healthcare facilities across many regions, coupled with the governments' supportive healthcare efforts, is driving the global installation of smart beds.

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Smart beds, alternatively referred to as connected beds or intelligent mattresses, are sophisticated sleep systems that integrate a range of sensors, actuators, and connectivity features to observe and regulate sleep-related variables. These beds typically possess IoT (Internet of Things) capabilities, enabling them to interface with other smart devices and platforms, facilitating seamless integration within a smart home setup.

Key Companies Profiled:
• Invacare Corporation
• Paramount Bed Co.
• Stryker Corporation
• BodiTrak
• Hill Rom Holdings Inc.
• Ultimate Smart Bed
• Arjo AB
• Sleep Number Corporation
• Tempur Sealy International, Inc.
• Serta Simmons Bedding, LLC
• Ergomotion Inc.
• Kingsdown, Inc.
• Select Comfort Corporation
• Reverie
• Leggett & Platt, Inc.
• Hi-Interiors Srl
• Hilding Anders International AB
• Luna
• iSense Sleep
• Levitas Design LLC
• Balluga Limited
• Responsive Surface Technology, LLC
• A.H. Beard
• Magniflex S.p.A.
• Beddit, Inc.
• Nightingale
• ZEEQ Smart Pillow

Smart beds are becoming increasingly popular due to their ability to address concerns about sleep deprivation and promote healthier lifestyles. They come equipped with various features, including sleep tracking, personalized adjustments, smart alarms, and more.

Many of these beds allow users to monitor and adjust settings remotely through mobile apps, which is especially beneficial for caregivers and those with limited mobility. Additionally, artificial intelligence and machine learning technologies are being incorporated to optimize sleep patterns based on user data and preferences, ultimately leading to improved sleep quality.

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Competitive Landscape:

Top players in the smart bed market include Invacare Corporation, Paramount Bed Co., Stryker Corporation, BodiTrak, and Hill Rom Holdings Inc. These industry leaders are heavily investing in R&D to develop innovative smart beds, incorporating features like AI-powered sleep tracking, adjustable firmness, temperature control, and integration with smart home systems to appeal to tech-savvy consumers.

In December 2021, Reverie, a prominent smart bed manufacturer, announced a partnership with Eight Sleep, a leading sleep technology company. Together, they introduced a groundbreaking line of smart mattresses equipped with advanced sleep tracking and biometric monitoring technology. These mattresses offer personalized sleep pattern analysis and tailored recommendations to users.

Leading manufacturers are ensuring compatibility with popular smart voice systems like Amazon Alexa, Google Assistant, and Apple HomeKit. This integration enables seamless control of bed settings alongside other connected devices.

Key Segments of Smart Bed Industry Research:

• By Product Type :
o Manual
o Semi-automatic
o Fully-automatic
• By End User :
o Residential
o Hospitals
o Hospitality
• By Distribution Channel :
o Supermarkets/Hypermarkets
o Specialty Stores
o Online
• By Region :
o North America
o Latin America
o Europe
o East Asia
o South Asia & Oceania
o MEA

In healthcare settings, smart beds are being widely adopted for patients with mobility issues or specific medical requirements. These beds often feature integrated medical equipment to assist caregivers in analyzing and managing patients' movements. Moreover, luxury hotels and resorts are embracing smart beds to provide guests with a premium and customizable sleep experience.

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This release was published on openPR.