The global smart bed market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period. The rising young population and increasing disposable income are driving the growth of the global smart bed market. Young people get influenced by technology and its benefits which make them use the smart devices more which contribute to the growth of the global smart beds market. With the changing trends people want their homes to be advanced and upgraded and due to increasing disposable income, they can afford the technologically advanced devices for their home which boosts the growth of the smart bed market across the globe.
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For instance, Serta America launched an innovative product in the Indian market with ERGO Bed. These beds come with an adjustable base mechanism and the mattresses are made of superior 5 Zone pin core latex with high-grade specifications for optimal body support and comfort. Moreover, some companies are also providing smart beds for rent so that people can get relaxed from their health issues. For instance, in July 2021, Mbed Care, a one-stop solution center for electric hospital beds, wheelchairs, and other mobility requirements, has launched automatic electric beds on rent for bedridden patients and those facing age-related issues at a daily rent of Rs 199.
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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
Global Smart Bed Market Report Segment
By Product Type
- Manual
- Semi-Automatic
- Fully Automatic
By End-User
- Residential
- Hospital
- Other
By Distribution Channel
- Online
- Offline
Global Smart Bed Market Report Segment by Region
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
- Latin America
- Middle East & Africa
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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