Smart Bed Market on Track for $6.73 Billion by 2033 With 7% CAGR

In 2023, the smart bed market is projected to be valued US$3.42 billion globally. True.According to MR's research, sales of smart consumer appliances—including smart beds—will be fueled by the growing popularity and trend of smart homes. Global sales of smart beds are predicted to increase at a 7% CAGR to US$ 3.73 billion by 2033.

The rise of automation and cutting-edge patient care technologies is driving a surge in smart bed use across hospitals. This trend, combined with the global advancement of healthcare facilities and government backing for healthcare initiatives, is turning smart beds into a must-have for hospitals everywhere.

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Counting sheep is a thing of the past! Smart beds, also known as connected beds or intelligent mattresses, are like having your own personal sleep scientist tucked into the mattress. These cutting-edge sleep systems use sensors and special features to analyze your sleep and automatically adjust settings for maximum comfort throughout the night. Most even connect to the internet (like other smart devices) so they can work with other gadgets in your smart home, creating a completely connected sleep oasis. Imagine a personalized sleep sanctuary that helps you fall asleep faster and wake up feeling refreshed. That's the power of smart beds!

Key Companies Profiled:

• Invacare Corporation
• Paramount Bed Co.
• Stryker Corporation
• BodiTrak
• Hill Rom Holdings Inc.
• Ultimate Smart Bed
• Arjo AB
• Sleep Number Corporation
• Tempur Sealy International, Inc.
• Serta Simmons Bedding, LLC
• Ergomotion Inc.
• Kingsdown, Inc.
• Select Comfort Corporation
• Reverie
• Leggett & Platt, Inc.
• Hi-Interiors Srl
• Hilding Anders International AB
• Luna
• iSense Sleep
• Levitas Design LLC
• Balluga Limited
• Responsive Surface Technology, LLC
• A.H. Beard
• Magniflex S.p.A.
• Beddit, Inc.
• Nightingale
• ZEEQ Smart Pillow

Imagine a bed that tracks your sleep, adjusts settings to your preferences, and even wakes you up gently. With smart beds, this is all possible! Plus, you can control everything remotely through a handy app, perfect for caregivers and those with limited mobility.

But that's not all! Smart beds are getting even smarter thanks to artificial intelligence and machine learning. These technologies analyze your sleep data and preferences to create a personalized sleep oasis, ultimately leading to a better night's rest.

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Competitive Landscape:

Top players in the smart bed market include Invacare Corporation, Paramount Bed Co., Stryker Corporation, BodiTrak, and Hill Rom Holdings Inc. These industry leaders are heavily investing in R&D to develop innovative smart beds, incorporating features like AI-powered sleep tracking, adjustable firmness, temperature control, and integration with smart home systems to appeal to tech-savvy consumers.

In December 2021, Reverie, a prominent smart bed manufacturer, announced a partnership with Eight Sleep, a leading sleep technology company. Together, they introduced a groundbreaking line of smart mattresses equipped with advanced sleep tracking and biometric monitoring technology. These mattresses offer personalized sleep pattern analysis and tailored recommendations to users.

Leading manufacturers are ensuring compatibility with popular smart voice systems like Amazon Alexa, Google Assistant, and Apple HomeKit. This integration enables seamless control of bed settings alongside other connected devices.

Key Segments of Smart Bed Industry Research:

• By Product Type :
• Manual
• Semi-automatic
• Fully-automatic
• By End User :
• Residential
• Hospitals
• Hospitality
• By Distribution Channel :
• Supermarkets/Hypermarkets
• Specialty Stores
• Online
• By Region :
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA

In healthcare settings, smart beds are being widely adopted for patients with mobility issues or specific medical requirements. These beds often feature integrated medical equipment to assist caregivers in analyzing and managing patients’ movements. Moreover, luxury hotels and resorts are embracing smart beds to provide guests with a premium and customizable sleep experience.