- Bedsore Monitoring Solutions
- Baby Monitoring Solutions
- Elderly Monitoring Solutions
- Sleep Monitoring Solutions
The global bed monitoring system & baby monitoring system market was valued US$ 1.1 Bn in 2021 and poised to grow at significant CAGR of 8.1% over 2022-2028. Rising adoption of unobtrusive monitoring solutions, growing elderly population, enlarged investments in healthcare infrastructure development and rising prevalence of sleeping disorders are some key factors influencing the market growth. Also, increasing online availability and purchase of products are other major factors responsible for the market growth. However, factors such as limited acceptance of the products in emerging countries and lack of awareness regarding the systems are hampering the market growth. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global bed monitoring system & baby monitoring system products.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Sleep disorders are conditions that stop a person from getting restful sleep and, as a result, can cause daytime sleepiness and dysfunction. There are approximately eighty different types of sleep disorders. A sleep disorder can disturb complete health, safety and quality of life. Lack of sleep can affect ability to drive safely and increase risk of other health problems. About 70 million Americans suffer from them. However, lifestyle and environmental factors are gradually causing problems in sleeping. Sleep disturbance is frequently considered the most serious consequence of environmental noise. Rising prevalence of sleeping disorders such as sleep apnea, insomnia and anxiety disorder will augment demand for sleep monitoring devices.
North America accounted for larger revenue share in global bed monitoring system & baby monitoring system market with considerable CAGR. The growth in this region is due to rapidly growing middle-class population together with increasing purchasing power, rising investments in infrastructural development and rapid growth in the healthcare industry. US is the major contributor for the growth of the market in the region. Asia Pacific held substantial market share during estimated period owing to increasing government expenditure on development and up gradation of healthcare industry.
Latin America
Europe
Asia Pacific
Middle East
North America
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.