The global smart bed market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period. Smart beds are innovative technologically advanced bed that allows users to expand the capabilities of their beds beyond their basic functionalities by automatically adjusting the settings of the beds. The facilities users get from the smart bed, drive the growth of the smart bed market across the globe. For instance, in January 2022, Sleep Company Elev8 Smart Bed for sound, restful sleep has been launched. The special thing about this bed is that it has zero gravity mode, automatic massage, and anti-snoring mode. However, the lack of expert manufacturers in the smart bed market is restraining the growth of the global smart bed market during the forecast period. Due to a lack of expertise manufacturers, the availability of smart beds is also low which also restrains the global smart bed market.
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During COVID-19 there was a complete shutdown due to government strict rules and regulations to stop the spread of the virus due to which the global smart beds market witnessed declined growth. The production of non-essential products was closed for some time which impacted the lack of availability of smart beds worldwide due to which the growth of the global smart beds market decreased during COVID-19.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Smart Bed Market by Product Type
- Manual
- Semi-Automatic
- Fully-Automatic
Global Smart Bed Market by End-User
- Residential
- Hospital
- Others
Global Smart Bed Market by Distribution Channel
- Online
- Offline
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Arjo AB (publ)
- GhostBed
- Hill-Rom Holdings, Inc.
- IOF Srl
- Joerns Healthcare
- Johnson & Johnson Services, Inc.
- PARAMOUNT BED CO., LTD.
- ReST
- Sleep Number Corp.
- Stryker Corp.
- Tempur Sealy International, Inc.
- Vista Medical LTD.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global smart bed market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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