The North America Smart Bed Market would witness market growth of 4.2% CAGR during the forecast period (2020-2026).
Smart beds utilized in clinics are significantly focused on enhancing the management of the patient and assisting in recovering patients in a better way. The market has gained huge traction in the healthcare area, attributable to consistent progression in Smart bed technologies, which empower the hospitals to deliver improved healthcare service to the patient. The growth in investments from the government in the hospitals to build up the most recent innovation tools, alongside smart beds, may beneficially fuel the market’s development. The segment is expected to develop at a fast pace during the forecast period, attributable to the shift in patient inclination and rise in demand for cutting edge healthcare facilities. An expansion in the frequency of cardiovascular diseases is foreseen to boost the demand for smart beds, as these beds are implanted with coordinated cardio monitoring sensors and tools that raise an alert if a patient has an episode of a heart attack.
Growing eminence for getting a sound sleep through the infusion of sensor-based advanced innovation is the developing demand for smart beds. Additionally, rising infiltration of smart homes across regions is making way for technologically integrated family items, subsequently paving the way for increased development of the market.
Higher occurrences of sleep issues among adults are an essential factor that is drawing a lot of attention towards the idea of quality sleep, in this manner offering high scope for smart beds. For example, pervasive sleep disorders in the U.S. comprise a public health pandemic. As per the Centers for Disease Control and Prevention (CDC), one of every three adults do not get satisfactory sleep. Likewise, as indicated by the University of Pennsylvania, one out of four adults in the U.S. develops sleep deprivation every year.
Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarket/ Hypermarket, Online and Other Distribution Channels. Based on Application, the market is segmented into Residential, Hospital, Hospitality and Other Applications. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sleep Number Corporation, Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation, Paramount Bed Co., Ltd. (Paramount Bed Holdings Co., Ltd.), Ascion, LLC, Responsive Surface Technology LLC (ReST), Hi-Interiors Srl, Ultimate Smart Bed, and Vista Medical, Ltd. (BodiTrak).
Scope of the Study
By Distribution Channels
• Specialty Stores
• Supermarket/ Hypermarket
• Other Distribution Channels
• Other Applications
• Rest of North America
• Sleep Number Corporation
• Stryker Corporation
• Hill-Rom Holdings, Inc.
• Invacare Corporation
• Paramount Bed Co., Ltd. (Paramount Bed Holdings Co., Ltd.)
• Ascion, LLC
• Responsive Surface Technology LLC (ReST)
• Hi-Interiors Srl
• Ultimate Smart Bed
• Vista Medical, Ltd. (BodiTrak)
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