Bed Monitoring System & Baby Monitoring System Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026

Report ID: GMI3624

Summary Methodology

Bed Monitoring System & Baby Monitoring System Market size is expected to grow significantly from 2019 to 2025.

Increasing adoption of monitoring solution will prove beneficial for market growth. Companies are taking efforts to manufacture technologically advanced bed and baby monitoring system to provide care, protection to babies and aged people. Monitoring solutions are smartly and innovatively designed that includes Internet of Things assisting to have attention on minute details such as humidity, temperature, cry detecting sensor and live video surveillance. These user-friendly features embedded in monitoring systems will augment demand of such devices that will propel business growth.

Increasing elderly population susceptible to chronic conditions such as cardiovascular diseases and degenerative diseases globally will surge demand for monitoring system in order protect them from falling. Elderly people may suffer from pressure ulcers, sleep apnea and risk of getting felled from bed. Bed monitoring devices are ultra-thin that doesn’t interfere to normal actions and provide accurate response to users. It helps in providing every detail to care takers that will result in delivering superior quality care. However, lack of acceptance of the products in developing and underdeveloped regions may hamper business growth up to some extent.

Sleep monitoring segment is estimated to witness lucrative growth in analysis timeframe. Significant growth is attributed to increasing awareness amongst people pertaining to regulating and monitoring of their sleeping patterns. Rising prevalence of sleeping disorders such as sleep apnea, insomnia and anxiety disorder will augment demand for sleep monitoring devices.  Moreover, rising geriatric population will surge demand for sleep monitoring devices as they suffer sleeping disorders due to chronic diseases that disrupts their normal breathing patterns. Aforementioned factors will escalate demand for sleep monitoring devices that will exceed segment growth.

Homecare settings had substantial revenue in 2018 and it is anticipated to enormously increase in coming years. Lucrative revenue is attributed to rising installation of bed and baby monitoring systems. Increasing awareness of unobtrusive solutions and benefits offered by these systems is encouraging consumers to adopt baby and bed monitoring devices in homecare settings. Furthermore, rising use of baby monitors and pressure ulcer monitoring devices in homecare settings simplifies the job of care givers. As a result, increasing installation of baby and bed monitoring devices in healthcare settings will positively stimulate segment growth.

Asia Pacific bed monitoring system & baby monitoring system market is estimated to foresee robust growth in near future. Increasing government expenditure on development and upgradation of healthcare industry will result in installation of advanced equipment in hospitals. Moreover, rising disposable income amongst middle-class population increases their buying power to install healthcare devices in homecare settings.  As a result, increasing healthcare expenditure coupled with rising disposable income will accelerate regional market growth.

Notable industry players operating in the Bed Monitoring System & Baby Monitoring System market are Smart Caregiver Corporation, Early Sense, Eight Sleep, EMFIT, Wellsense, Tekscan, Lenovo Group and Sleep Number Corporation. For instance, in 2018, EarlySense partnered with Hill-Rom to establish integrated continuous monitoring as a new standard of care. This strategy will enable company to cater wide range of patients in coming years that will increase its revenue share.

Bed Monitoring System & Baby Monitoring System Market by type, 2014-2025 (USD Million)

  • Baby monitoring
    • Sensor
    • Wearable
  • Elderly monitoring
  • Pressure ulcer monitoring
  • Sleep monitoring

Bed Monitoring System & Baby Monitoring System Market by end-user, 2014-2025 (USD Million)

  • Homecare settings
  • Hospitals
  • Nursing home
  • Assisted living facilities

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
  • Latin America
    • Mexico
    • Brazil
    • Argentina
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • UAE
    • Qatar

Company Profiles:

  • Smart Caregiver Corporation
  • Early Sense
  • Eight Sleep
  • Wellsense
  • Tekscan
  • Lenovo Group
  • Sleep Number Corporation

What Information does this report contain?

Historical data coverage: 2015 to 2019; Growth Projections: 2020 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Customize this Report

Pre Book Now

Single User: $5,150 Access to only 1 person; cannot be shared; cannot be printed
Multi User: $7,150 Access for 2 to 5 users only within same department of one company
Enterprise User: $9,150 Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Connect with our sales team

GMIPulse Subscription Trial

Take a free trial of GMIPuse, our report store; designed to provide clients a range of market research services, all on a single platform.

Start Your Free Trial

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X