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A Deep Dive into Bed Monitoring System & Baby Monitoring System Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
Bed Monitoring System & Baby Monitoring System Market
Anticipated expansion in healthcare facilities is believed to accelerate the bed monitoring system & baby monitoring system market's growth. Multiple global governments are initiating infrastructure investment projects in healthcare to enhance healthcare provision in underserved regions, thereby escalating the demand for bed and baby monitoring systems. As reported by the Commonwealth Fund Commission of the United States, the Build Back Better Act (BBBA) was implemented by the U.S government. This act is set to allocate more than $2 billion to basic public health structures, improving the health system's capacity to deal with communicable and chronic illnesses and environmental hazards. The provisions of the BBBA include dedicating $100 million in 22, $150 million in 23, and $500 million across 24-26 towards public health initiatives at the Centers for Disease Control and Prevention (CDC). As such, this increasing investment in healthcare infrastructure enhancement fuels the growth of the bed monitoring system & baby monitoring system market.
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What is the projected compound annual growth rate (CAGR) of the bed monitoring system & baby monitoring system market from 25 to 2034, and what factors influence it?
The market size for bed and baby monitoring systems has seen robust growth over the recent years. The market value is projected to escalate from $2.03 billion in 24 to $2.2 billion in 25, with an 8.8% compound annual growth rate (CAGR). Factors such as an increase in the elderly population, elevation in healthcare spending, regulatory conformity, patient safety measures, and a surge in birth rates have contributed to this growth in the past.
In the coming years, the market size for bed monitoring systems and baby monitoring systems is set to witness accelerated growth. Projected to reach $3.27 billion by 29, the sector's compound annual growth rate (CAGR) is set at 10.3%. Factors contributing to this predicted growth during the forecast period include the convenience they offer to parents, safety considerations, an increase in the number of working parents, and swift urbanization. Noteworthy trends during the forecast period comprise integration with telehealth, wireless connectivity, the utilization of AI for insights, advanced camera technology, and fall detection and prevention mechanisms.
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How are the latest trends influencing the growth of the bed monitoring system & baby monitoring system market?
Progress in technology is becoming the dominant trend in the bed monitoring system and baby monitoring system market. Most firms in this sector are working on technological breakthroughs to consolidate their standing. As an example, Dozee and Midmark India inaugurated India's first networked bed platform in August 23, which automates patient monitoring in hospital beds. This novel product significantly aids monitoring beds in HDU, step down ICUs, and non-ICU wards. It relies on cloud and artificial intelligence technology, using cutting-edge sensors to monitor the patient.
What are the major segments of the bed monitoring system & baby monitoring system market and their role in driving growth?
The bed monitoring system & baby monitoring system market covered in this report is segmented -
1) By Type: Bedsore Monitoring Solutions, Baby Monitoring Solutions, Elderly Monitoring Solutions, Sleep Monitoring Solutions
2) By End-User: Homecare Settings, Hospitals, Nursing Home, Assisted Living Facilities
Subsegments:
1) By Edsore Monitoring Solutions: Pressure Mapping Systems, Wearable Sensors, Smart Mattresses
2) By Baby Monitoring Solutions: Video Baby Monitors, Audio Baby Monitors, Wearable Baby Monitors
3) By Elderly Monitoring Solutions: Fall Detection Systems, Health Monitoring Wearables, Remote Monitoring Systems
4) By Sleep Monitoring Solutions: Sleep Trackers, Smart Mattresses, Sleep Apnea Monitors
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Which regions are key players in the growth of the bed monitoring system & baby monitoring system market?
North America was the largest region in the bed monitoring system and baby monitoring system market in 24. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bed monitoring system & baby monitoring system market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the key firms paving the way for growth in the bed monitoring system & baby monitoring system market?
Major companies operating in the bed monitoring system & baby monitoring system market include Wellsens Inc., XSENSOR Technology Corporation, SensorCare Systems Ltd., Smart Caregiver Corporation, Eight Sleep Inc., Infant Optics Inc., Koninklijke Philips N.V., VTech Communications Inc., Nanit Inc., iBaby Labs Inc., Withings Inc., Hisense Ltd., Motorola Mobility LLC., Emfit Ltd., EarlySense Inc., Tekscan Inc., Sleep Number Corporation, Angelcare Monitors Inc., Owlet Baby Care Inc., Samsung Electronics Co. Ltd., Summer Infant Inc., Levana LLC, Safety 1st Inc., Mobi Technologies Inc., Graco Children's Products Inc., Lorex Technology Inc., Arlo Technologies Inc., Cocoon Cam Inc., Lollipop Baby Camera Inc., Cubo AI Inc., MonDevices Inc., Bluebell Baby Inc.
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What Is Covered In The Bed Monitoring System & Baby Monitoring System Global Market Report?
•Market Size Forecast: Examine the bed monitoring system & baby monitoring system market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the bed monitoring system & baby monitoring system market for a structured understanding.
•Key Players Overview: Analyze major players in the bed monitoring system & baby monitoring system market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the bed monitoring system & baby monitoring system market.
•Segment Contributions: Evaluate how different segments drive overall growth in the bed monitoring system & baby monitoring system market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the bed monitoring system & baby monitoring system market.
•Industry Challenges: Identify potential risks and obstacles affecting the bed monitoring system & baby monitoring system market.
•Competitive Landscape: Review strategic developments in the bed monitoring system & baby monitoring system market, including expansions, agreements, and new product launches.
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