Global Smart Bed Market Size & Outlook, 2019-2027
Global smart bed market, 2016-2027 (US$M)
Related Markets
Global smart bed market highlights
- The global smart bed market generated a revenue of USD 2,168.5 million in 2019 and is expected to reach USD 3,089.4 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 4.5% by 2027.
- In terms of segment, residential accounted for a revenue of USD 1,561.9 million in 2019.
- Hospital is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2019.
- Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 2,168.5 million |
| Market revenue in 2027 | USD 3,089.4 million |
| Growth rate | 4.5% (CAGR from 2019 to 2027) |
| Largest segment | Residential |
| Fastest growing segment | Hospital |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Hospital, Hospitality |
Other key industry trends
- In terms of revenue, the North America accounted for 60.2% of the global smart bed market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 106.5 million by 2027.
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Smart Bed Market Scope
Smart Bed Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global smart bed market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart bed market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 72.03% in 2019. Horizon Databook has segmented the Global smart bed market based on residential, hospital, hospitality covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Smart Bed Application Outlook (Revenue, USD Million, 2016-2027)
- Residential
- Hospital
- Hospitality
- Others
- Global Smart Bed Distribution channel Outlook (Revenue, USD Million, 2016-2027)
- Supermarkets/Hypermarkets
- Specialty stores
- Online
- Others
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Our clientele includes a mix of smart bed market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart bed market , including forecasts for subscribers. This global databook contains high-level insights into Global smart bed market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global smart bed market size, by regions, 2016-2027 (US$M)
Top 10 countries: Smart bed market size, 2019 (US$M)
Global smart bed market share, by application, 2019 & 2027 (%, US$M)
Smart bed market: Opportunity assessment by country
Global smart bed market, by region, 2019 (US$M)
| Application | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,241.7 | 1,258.3 | 1,279.6 | 1,305.5 | 1,323.1 | 1,364.3 | 1,413.1 | 1,473.1 | 1,545.4 | 1,629.5 | 1,724.3 | 1,827.7 | 4.3% |
| Europe | 434.9 | 442.9 | 452.6 | 464.1 | 472.7 | 489.8 | 509.9 | 534.1 | 563.1 | 596.7 | 634.6 | 676.0 | 4.8% |
| Asia Pacific | 222.2 | 228.1 | 235.0 | 242.9 | 249.3 | 260.4 | 273.1 | 288.3 | 306.2 | 326.9 | 350.2 | 375.7 | 5.6% |
| Latin America | 90.2 | 90.7 | 91.6 | 92.8 | 93.4 | 95.6 | 98.3 | 101.7 | 105.9 | 110.8 | 116.3 | 122.3 | 3.5% |
| MEA | 60.5 | 61.2 | 62.1 | 63.3 | 64.1 | 66.0 | 68.3 | 71.1 | 74.5 | 78.4 | 82.9 | 87.7 | 4.2% |
| Overall | 2,049.3 | 2,081.3 | 2,121.1 | 2,168.5 | 2,202.6 | 2,276.2 | 2,362.7 | 2,468.3 | 2,595.1 | 2,742.3 | 2,908.2 | 3,089.4 | 4.5% |
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