Press release
Global Smart Bed Market Projected to Grow at 8.9% CAGR, Reaching $4.62 Billion by 2029
Smart Bed
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What Will the Smart Bed Industry Market Size Be by 2025?_x000D_
Over the past years, the size of the smart bed market has consistently expanded. The market, valued at $3.19 billion in 2024, is projected to increase to $3.29 billion in 2025, registering a compound annual growth rate (CAGR) of 3.0%. Several factors contributed to growth in the historic period, like the need for tailored comfort, the aging population, sleep disorders, the rise in home healthcare and wellness, knowledge about the significance of proper sleep, and the wider availability of adjustable beds._x000D_
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What's the Long-Term Growth Forecast for the Smart Bed Market Size Through 2029?_x000D_
The market for smart beds is anticipated to experience robust expansion in the upcoming years, with a projection to reach $4.62 billion by 2029 at a compound annual growth rate (CAGR) of 8.9%. This growth during the forecasting stage is credited to factors such as synchronization with sleep monitoring apps and wearables, increase in telehealth and remote patient observation, tailored sleep solutions for persistent ailments, the need for ergonomic and pressure-alleviating beds, and the worldwide advance of smart home technology. Other contributing factors include remote and application-regulated bed modifications. Key trends predicted during the forecast period encompass AI-powered sleep regulation and coaching, smart beds equipped with temperature and humidity management, AI and voice-operated sleep aids, detection and therapy integration for sleep disorders, bed configurations suited for co-sleeping and pairs, and sleeping surfaces with biometric tracking._x000D_
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https://www.thebusinessresearchcompany.com/report/smart-bed-global-market-report_x000D_
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What Are the Key Growth Drivers Fueling the Smart Bed Market Expansion?_x000D_
The smart bed market boom is being fueled by the swift growth in the hospitality sector. This industry encompasses a wide array of services including restaurants, hotels, casinos, theme parks, resorts, cruises, and more, all dedicated to delivering services to clients. To enhance customer experience through improved sleep and immaculate, hygienic surroundings, firms within the hospitality industry are progressively turning to innovative products. Portfolio Photo Online, an online platform from Poland, stated that in 2022, the US had an 8.3% rise in the number of hotels and motels from the previous year with the count at 132,228 in June 2023. Hence, the predicted escalation in the hospitality industry is set to stimulate the smart bed market over the projection period._x000D_
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What Are the Key Trends Driving Smart Bed Market Growth?_x000D_
The primary trend observed in the smart bed market is driven by technological advancements. Companies engaged in the smart med realm are incessantly introducing new items equipped with cutting-edge technology to enhance customers' sleep quality and duration. For instance, in January 2022, The Sleep Company, a firm based in India that focuses on sleep-related merchandise unveiled their new product, the elev8 smart adjustable bed. This smart bed is designed to offer extensive comfort by integrating smart technology to boost health and overall wellness. It is equipped with unique features like TV mode, a dual-zone massager for profound relaxation, an anti-snore posture to enhance air circulation, zero gravity mode for balanced body comfort, and more, which are all just a button click away._x000D_
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How Is the Smart Bed Market Segmented?_x000D_
The smart bed market covered in this report is segmented - _x000D_
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1) By Type: Manual, Semi-Automatic, Automatic _x000D_
2) By Application: Healthcare, Hospitality, Residential, Other Applications _x000D_
3) By Sales Channel: Supermarket/Hypermarket, Online Stores, Specialty Stores, Other Sales Channels_x000D_
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Subsegments:_x000D_
1) By Manual: Adjustable Manual Beds, Fixed Manual Beds_x000D_
2) By Semi-Automatic: Beds with Manual Controls and Limited Automation, Beds with Integrated Adjustment Features_x000D_
3) By Automatic: Fully Automated Adjustable Beds, Smart Beds with Sleep Tracking and Adjustment Features, Beds with Integrated Sleep Therapy Systems_x000D_
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Which Companies Are Leading the Charge in Smart Bed Market Innovation?_x000D_
Major companies operating in the smart bed market include Besco Medical Ltd., BodiTrak Inc., Hi-Interiors SRL, Hill-Rom Holdings Inc., Invacare Corporation, Paramount Bed Co. Ltd., Responsive Surface Technology LLC, Sleep Number Corporation, Eight Sleep Inc., Stryker Corporation, Ultimate Smart Bed Inc., BAM Labs Inc., iNyx Inc., Joerns Healthcare LLC, Linet Spol s.r.o., Vista Medical Ltd., Balluga Ltd., Ascion LLC, Ergomotion Inc., Luna Innovations Inc., Retail Employees Superannuation Trust, Kingsdown Inc., Simmons Bedding Company LLC, Tempur Sealy International Inc., Leggett & Platt Inc., Hilding Anders International AB, A.H. Beard Pty Ltd., Silentnight Group, Arjo AB _x000D_
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Which Regions Are Leading the Global Smart Bed Market in Revenue?_x000D_
North America was the largest region in the smart bed market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart bed market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa._x000D_
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