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Smart Bed Market 2021-2026: Size, Share, Growth, Outlook, Trends and Forecast
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The smart bed market is set to grow at a 5% CAGR by 2026, driven by rising sleep disorders and technological advancements.
According to the latest report by IMARC Group, titled “Smart Bed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global smart bed market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global smart bed market to grow at a CAGR of around 5% during 2021-2026. Smart bed refers to a furniture item that is equipped with sensors and other technologies for collecting data about the sleeping patterns of an individual. It also helps in tracking the sleep duration, heart rate, breathing patterns and body movements during sleep. Smart bed delivers this information to a smartphone and provides various tips on improving sleep, which further aids in enhancing the cognitive performance of the individual.
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Market Trends:
The growing prevalence of sleeping disorders, along with the rising geriatric population, who are more prone to such ailments, is primarily driving the growth of the global smart beds market. Furthermore, the increasing investments in the healthcare sector by governments of several countries have also escalated the installation of smart beds in numerous hospitals and clinics. These beds provide various benefits, including smart fabric technology, anti-snoring features, automatic mattress firmness adjustments, adjustable bases, and smart-home connectivity, which is further driving the overall sales of smart beds. Besides this, the key market players are investing in R&D activities to introduce innovative products with several new features, such as thermostats and blood pressure measuring technology. This is expected to propel the global smart beds market in the coming years.
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Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Breakup by Distribution Channel:
Breakup by Type:
Breakup by End Use:
Breakup by Region:
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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The article discusses the growth, trends, and forecast of the global smart bed market from 2021 to 2026.
Growth is driven by rising sleep disorders, geriatric population, and technological advancements in smart beds.
Key players include Arjo, Ascion LLC, Hi-Interiors srl, Hill-Rom Holdings Inc., and Sleep Number Corporation.
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