Healthcare Smart Beds Market Size, Share, Growth Analysis, By Application(Hospitals, Outpatient Clinics, Medical Nursing Homes, Medical Laboratory), By Region - Industry Forecast 2024-2031

Healthcare Smart Beds Market Driver

• Smart beds used in hospitals are primarily concerned with enhancing patient management and assisting patients in recovering more quickly. The market has received substantial momentum in the healthcare industry as a result of constant advancements in smart bed technologies, which enable hospitals to provide better healthcare to patients. The increase in government spending in hospitals to develop cutting-edge technological equipment, such as smart beds to drive healthcare smart beds market growth.
• Rising prevalence of chronic diseases is paving the way for market growth. With this increase, practitioners are trying to cover as many patients as they can and offer them the best quality care they can. This has encouraged them to make use of latest technology like smart beds that can do basic work for the nurses and physicians likes monitoring patients’ health. In line with this, market players are also investing excessively in the development and manufacturing of healthcare smart beds and equipping them with numerous novel features such as a thermostat, blood pressure monitoring device, air pressure, and other gadgets that provide profit potential in the healthcare smart beds market.

• The drastically growing IoT devices with future advancements and innovation will aid in the expansion of the market.The hospital bed has been reimagined, new smart beds monitor up to 35 data points, including a patient’s weight, body temperature, and heartbeat; and include blood, oxygen, and pressure sensors.  The beds will electronically update a patient’s medical record with all data, including how many times the patient left their bed and how often they’ve been turned in bed.  Some smart beds even include verbal alerts that can be triggered, like, “please don’t get up,” and USB ports for patients to charge their mobile devices.These innovations and integration of IoT with the healthcare smart beds will propel the Growth of the market.

Healthcare Smart Beds Market Restraint

• Healthcare smart beds are expensive they are equipped large number advanced features and sensors. Thus, it restricts the demand to high income hospitals or countries where healthcare cost is affordable to consumers. This is why countries in north America and Europe have strong healthcare smart beds market but it lags behind in Asia Pacific, Africa, and Latin America as most of the countries in this region are struggling to offer them basic healthcare facilities.