The latest report from Reports and Data reveals that in 2022, the global Healthcare Smart Beds Market reached a size of USD 2.43 Billion and is anticipated to achieve a revenue Compound Annual Growth Rate (CAGR) of 7% throughout the forecast period.
Smart beds are interconnected with Electronic Medical Records (EMR) or Electronic Health Records (EHR), enabling the collection of a wide range of medical data, including weight, body temperature, heartbeat, blood, oxygen levels, and other crucial indicators, as well as information on medication, laboratory test results, allergies, and immunization status. This surge in demand for healthcare smart beds is primarily being fueled by the pursuit of cost-effective healthcare solutions and the increased healthcare expenditure in developing nations.
Access Free sample PDF Copy of the Report @
Moreover, the market revenue of smart beds is poised for substantial expansion due to their expanding usage in home healthcare settings. The demand for home healthcare services is steadily increasing, primarily driven by the aging population and the growing prevalence of chronic illnesses. Additionally, the incorporation of Artificial Intelligence (AI) and Machine Learning (ML) technologies into smart beds holds significant promise in delivering personalized care, monitoring vital signs, and tracking sleep patterns. These advancements play a pivotal role in enhancing the overall quality of life for patients.
According to research conducted by AARP, over 19 million seniors aged 65 and above in the United States currently utilize adjustable beds for their daily sleep routines.
Key players in the Healthcare Smart Beds Market:
- Stryker Corporation
- Hill-Rom Holdings, Inc.
- Linet Group SE
- Invacare Corporation
- Getinge AB
- Medline Industries, Inc.
- Paramount Bed Co., Ltd.
- Span-America Medical Systems, Inc.
- Stiegelmeyer GmbH & Co. KG
- Joerns Healthcare LLC
Some Key Highlights in the Report:
- The global healthcare smart beds market witnessed dominant revenue generation from fully automatic smart beds during the forecast period. This can be attributed to the array of features integrated into these beds, including pressure sensing, bedside controls, alarms, and safety measures, all conveniently adjustable and monitorable through remote controls. Fully automatic smart beds possess self-adjusting capabilities, effortlessly adapting to patients’ changing needs. These beds prove especially advantageous for elderly patients requiring continuous monitoring and assistance. Moreover, healthcare providers prefer fully automatic smart beds as they reduce nursing staff’s workload, enabling them to concentrate on other critical tasks.
- In 2022, the hospitals segment experienced the highest growth rate in revenue within the global healthcare smart beds market. This growth can be attributed to the increasing adoption of technology in healthcare, a rising patient population, and growing demand for enhanced patient care. Smart beds play a pivotal role in assisting hospitals in improving patient outcomes by reducing the risk of pressure ulcers, falls, and other immobility-related issues. Additionally, these beds facilitate patient tracking and monitoring, allowing medical practitioners to respond promptly to changes in their condition.
- The North American market held the largest share of revenue in the global healthcare smart beds market in 2022. This is primarily due to the widespread use of face recognition technology across various industries, including government, law enforcement, and retail. Furthermore, the rising demand for surveillance and security systems in public spaces, coupled with the presence of major face recognition technology providers such as IBM, Amazon, and Microsoft, is expected to drive revenue growth in this region.
- During the forecast period, the Asia Pacific market is projected to witness the highest revenue growth rate in the global healthcare smart beds market. This is attributed to the increasing adoption of face recognition technology in the retail sector. The utilization of face recognition technology in retail establishments enables faster customer identification and enhances personalized shopping experiences. Additionally, the substantial population in countries like China and India, coupled with a growing demand for advanced security and surveillance systems in public areas such as airports and railway stations, is expected to fuel revenue growth in this region.
Get in detailed Research Study @ https://www.reportsanddata.com/report-detail/healthcare-smart-beds-market
For the purpose of this report, Reports and Data has segmented the global healthcare smart beds market on the basis of Product Type Outlook, Application Outlook, Technology Outlook, and Regional Outlook:
Product Type Outlook (Revenue, USD Billion; 2022 – 2032)
- Fully Automatic
Application Outlook (Revenue, USD Billion; 2022 – 2032)
- Outpatient Clinics
- Medical Nursing Homes
- Medical Laboratory & Research
Technology Outlook (Revenue, USD Billion; 2022 – 2032)
- Non-sensor based
Download Summary @ https://www.reportsanddata.com/download-summary-form/6368
Regional Outlook (Revenue, USD Billion; 2022-2032)
- North America
- Rest of Europe
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
Ask for Customize Research Report @ https://www.reportsanddata.com/request-customization-form/6368
Some points on how the report benefits stakeholders:
- The reports include historical (2020–2021) and forecast (2022–2032) data points, revenues, and CAGR in table, figure, and chart formats, with detailed and qualitative, supporting written information for each.
- Revenue break-up is provided for each segment in these formats for global, regional, and for each country in the respective region for each year between 2019 and 2030.
- The report contains insights regarding growth drivers, restraints, opportunities, trends, company profiles, strategic developments, expansion details, product launches, and various other aspects related to the market.
- The report contains data and information on customers, competitors, vendors/distributors, and other players and in the global marketplace.
- Market research analysis is vital for all crucial business strategies and can aid in numerous ways and to provide a clearer understanding about strategies being deployed by competitors, product launches, competitive analysis, technological advancements and various other factors that enhance sales of a firm or perhaps provide insights to focus on merger and acquisition as a strategy or enter into strategic agreements or joint ventures etc.
- The report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, geographical reach, market footprint, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.
Explore Latest Trending Research Reports By Reports and Data’s
Laser Marking Machine Market By Product Type (Fiber, CO2, YAG, and Others), By End-use Industry (Automotive, Aerospace, Electronics, Medical, and Others), and By Region Forecast to 2032
MiRNA Sequencing Assay Market, By Product Type (Library Preparation Kits, Sequencing Services, Reagents & Consumables, Instruments, Software & Services), By Technology (SBS, Ion Semiconductor Sequencing, SMRT Sequencing, Nanopore Sequencing, Others), By End-use, By Region Forecast to 2032
Uterine Manipulation Devices Market, By Product Type (Manual Uterine Manipulators, Electronic Uterine Manipulators, Reusable Uterine Manipulators, and Disposable Uterine Manipulators), By End-use [Hospitals, Clinics, Ambulatory Surgical Centers (ASCs)], and By Region Forecast to 2032
Veterinary Dietary Supplements Market, By Animal Type (Companion Animals and Livestock Animals), By Ingredient Type (Vitamins, Minerals, Amino Acids, Enzymes, and Others), By Distribution Channel (Veterinary Hospitals, Online Pharmacies, and Retail Pharmacies), and By Region Forecast to 2032
Vital Signs Monitoring Market, By Product (Blood Pressure Monitors, Pulse Oximeters, Temperature Monitoring Equipment, and Others) By End-Use (Hospitals and Clinics, Home Care Settings, and Others), and By Region Forecast To 2032
Ophthalmic Therapeutics Drugs Market, By Drug Type (Anti-Inflammatory Drugs, Anti-Infective Drugs, Anti-Glaucoma Drugs, and Others), By Indication (Dry Eye Syndrome, Glaucoma, Retinal Disorders, and Others), and By Region Forecast to 2032
Personalized Medicine Market by Product Type (Diagnostic Tests, Therapeutics, and Personalized Medical Care), By Application (Oncology, Neurology, Cardiology, Infectious Diseases, and Others), and By Region Forecast to 2032
Wearable Patch Market, By Type (Smart Patches, Passive Patches), By Application (Health Monitoring, Drug Delivery, Temperature Monitoring, and Others), and By Region Forecast to 2032
Acromegaly Treatment Market By Type (Drug Therapy, Surgery, Radiation Therapy), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Region Forecast to 2032
Acute Lymphocytic-Lymphoblastic Leukemia (ALL) Therapeutics Market By Therapy Type (Chemotherapy, Radiation Therapy, Immunotherapy, Targeted Therapy, Others), By End-use (Hospitals, Clinics, Others), By Region Forecast to 2032
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
(Head of Business Development)
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports
Browse More Latest Reports @ https://www.reportsanddata.com/report
Read Latest Press Release @ https://www.reportsanddata.com/press-release/global-healthcare-smart-beds-market