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Comprehensive Bed Monitoring System & Baby Monitoring System Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Bed Monitoring System & Baby Monitoring System
Bed Monitoring System & Baby Monitoring System Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for bed and baby monitoring systems has seen robust growth in the past few years. The market size is projected to escalate from $2.03 billion in 2024, reaching $2.2 billion in 2025, with an 8.8% compound annual growth rate (CAGR). Factors such as the increasing aging population, higher TH*Care spending, regulatory adherence, initiatives for patient safety, and a surge in birth rates have contributed to growth in the historical period.
Bed Monitoring System & Baby Monitoring System Market Size Forecast: What's the Projected Valuation by 2029?
The market of bed and baby monitoring systems is predicted to expand swiftly in the coming years, reaching $3.27 billion by 2029 with a compound annual growth rate (CAGR) of 10.3%. The anticipated escalation for this period is influenced by factors such as the convenience for parents, safety worries, the increase in the number of working parents, and fast-paced urbanization. Key trends that will stand out in the projected period encompass the integration of telehealth, wireless connectivity, AI-driven findings, advanced camera technology, and the detection and prevention of falls.
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What Are the Drivers Transforming the Bed Monitoring System & Baby Monitoring System Market?
The surge in funding for the development of TH*Care infrastructure is anticipated to drive the expansion of the bed monitoring system & baby monitoring system market in the future. Worldwide, numerous governments are initiating investment schemes in hospital infrastructure to aid TH*Care growth in underprivileged regions, thus increasing the need for bed and baby monitoring systems. For instance, the Commonwealth Fund Commission of the United States reported that the US government rolled out the Build Back Better Act (BBBA), committing over $2 billion towards fundamental public health infrastructure. This investment aims to enhance the TH*Care system's capabilities to tackle infectious, chronic diseases, and environmental hazards. Provisions under the BBBA include allocations of $100 million in 2022, $150 million in 2023, and $500 million between 2024 and 2026 towards public health ventures at the Centers for Disease Control and Prevention (CDC). As a result, the escalating investment in the enhancement of TH*Care infrastructure is propelling the growth of the bed monitoring system & baby monitoring system market.
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What Long-Term Trends Will Define the Future of the Bed Monitoring System & Baby Monitoring System Market?
The rise of technology has stood out as the prevalent trend accumulating traction in the bed monitoring system & baby monitoring system market. Leading firms within the bed monitoring system and baby monitoring system industry are keen on revealing technological advancements to fortify their status. For example, Dozee and Midmark India in August 2023, unveiled India's inaugural connected bed platform devised to automate patient monitoring in hospital beds. The novel solution is tremendously beneficial for observing beds in HDU, step down ICUs, and non-ICU departments. It operates on cloud and artificial intelligence technology and leverages cutting-edge sensors to keep track of the patient.
Which Segments in the Bed Monitoring System & Baby Monitoring System Market Offer the Most Profit Potential?
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 Firms Dominate the Bed Monitoring System & Baby Monitoring System Market by Market Share and Revenue in 2025?
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.
Which Regions Offer the Highest Growth Potential in 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 2024. 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.
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