Smart Beds Market Achieves $3.73 Billion Value with 7% CAGR

Cupertino, August 17, 2023

<p>Rockville, Aug. 17, 2023 (GLOBE NEWSWIRE) -- The latest study from <b>Fact.MR</b>, a provider of market research and competitive intelligence, estimates that the global <b>Smart Bed</b> market is valued at US$3.42 billion by 2023 and is expected to will increase at a CAGR of 7% from 2023 to 2033. Smart beds, also referred to as connected beds or intelligent mattresses, are technologically advanced mattresses or sleep systems that contain various sensors, actuators and connectivity features to monitor and adjust factors that affect sleep to fit. These beds are often equipped with IoT (Internet of Things) capabilities, allowing them to connect to other smart devices and platforms for seamless integration into a smart home ecosystem. For more market insights, request a sample of this report: <a href=""></a> Smart beds are gaining popularity as they address growing concerns about sleep deprivation and healthy lifestyles . They offer various features such as sleep tracking, personalized adjustments, smart alarms and more. Many smart beds allow users to monitor and adjust bed settings remotely through smart mobile apps. Such features are especially useful for caregivers and people with limited mobility. Artificial intelligence and machine learning technologies are also being integrated into smart beds to optimize sleep patterns based on user data and preferences, leading to better sleep outcomes. Leading smart bed manufacturers are integrating compatibility with smart voice systems such as Amazon Alexa, Google Assistant and Apple HomeKit. This integration allows users to seamlessly control their bed's settings along with other connected devices. Hospitals and rehabilitation centers are widely integrating smart beds for patients with mobility issues or specific medical needs. Smart beds with integrated medical equipment or devices help healthcare providers analyze and manage patients' body movements. Luxury hotels and resorts are also using smart beds to provide guests with a premium and customizable sleeping experience. Key Market Research Findings The global smart bed market is expected to reach $6.73 billion by the end of 2033. High adoption of smart home technologies and increasing prevalence of sleep disorders are driving the demand for smart beds in the United States. Rising trend of smart homes and a growing preference for premium sleeping solutions are driving sales of smart beds in Germany. Fully automatic smart beds are widely used in the healthcare sector due to their remote monitoring capabilities. “The growing trend of smart homes and the desire for interconnected devices is encouraging more customers to incorporate smart beds into their home automation setups,” says a Fact.MR analyst. Competitive landscape To build new and advanced smart beds, the top companies invest significantly in research and development. To entice tech-savvy customers, they regularly introduce new features like AI-powered sleep tracking, adjustable firmness, temperature management, and connectivity to smart home ecosystems. In December 2021, Reverie, a leading manufacturer of smart beds, unveiled a partnership with Eight Sleep, a leading sleep technology company, to create an innovative range of smart mattresses. The mattresses are equipped with advanced sleep tracking and biometric monitoring technology that provides users with personalized analysis of their sleep patterns and tailored suggestions. Key Companies Profiled Invacare CorporationParamount Bed Co.Stryker CorporationBodiTrakHill Rom Holdings Inc.Ultimate Smart BedArjo ABSleep Number CorporationTempur Sealy International, Inc.Serta Simmons Bedding, LLCErgomotion Inc.Kingsdown, Inc.Select Comfort CorporationReverieLeggett & Platt, Inc.Hi-Interiors SrlHilding Anders International ABLunaiSense SleepLevitas Design LLCBalluga LimitedResponsive Surface Technology, LLCA.H. BeardMagniflex SpABeddit, Inc.NightingaleZEEQ Smart Pillow Get tailored in this report for specific research solutions:<a href=""></a> Winning Strategies Offering personalized solutions to customers is a powerful way to to hold out on the market. Key market players offer customization options such as mattress firmness preferences, insights into sleep tracking data and tailored sleep recommendations to meet individual needs and earn more. They also focus on collaborations and partnerships to increase their customer base. In September 2021, Serta Simmons Bedding, LLC, a leading manufacturer of smart beds, unveiled a significant partnership with Hologenix, LLC. This collaboration aimed to pioneer a new smart bed technology by integrating infrared energy into the mattress fabric. Smart Bed Industry Research Key Segments By Product Type: ManualSemi-AutomaticFully Automatic By End User: ResidentialHospitalsHospitality By Distribution Channel: Supermarkets/HypermarketsSpecialty StoresOnline More Valuable Supply Insights In its new offering, Fact.MR presents an unbiased analysis of the global smart bed market, including historical demand data (2018 to 2022) and forecast statistics for the period (2023 to 2033). The research reveals key market insights based on product type (manual, semi-automatic, fully automatic), end-user (residential, hospital, hospitality) and distribution channel (grocery/hypermarket, specialty, online), across five major regions of the world (North America, Europe, Asia Pacific, Latin America and MEA). See more related studies published by Fact.MR Research: Incontinence Bedding and Furniture Protection Market: The global consumption of incontinence bedding and furniture protection products is expected to increase at a CAGR of 4.9% between 2022 and 2032. The market is expected to surpass a valuation of US$1 billion by the end of 2032. Adjustable beds and mattresses market: The global adjustable beds and mattresses market had a market value of US$6.87 billion by 2022 and is expected to reach a market value of US$16.26 billion by recording a CAGR of 9% over the forecast period 2022-2032. Camping Beds and Mats Market: Camping beds and mats also known as sleeping pads used for outdoor adventures, camping trips, etc. Due to their convenient nature and floating property, camping beds and mats gain the great appeal of consumers, further leading to growth of the camping beds and mats market worldwide. About Us: We are a trusted research partner to 80% of Fortune 1000 companies around the world. We are constantly growing in the field of market research with over 1000 reports published each year. The dedicated team of more than 400 analysts and consultants is committed to achieving the highest level of customer satisfaction. Contact Person:Sales Office USA:11140 Rockville PikeSuite 400Rockville, MD 20852United StatesTel: +1 (628) 251-1583Sales Team: sales@factmr.comFollow Us: LinkedIn | Twitter | YouTube</p>

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