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 size was valued at USD 2.99 billion in 2019 and is poised to grow from USD 3.16 billion in 2023 to USD 5.25 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).

The frequency and duration of hospital stays have been growing as the incidence of chronic illnesses and the number of life-saving procedures have increased. Furthermore, the COVID-19 epidemic has created a considerable demand for smart beds in hospitals all over the world.

Smart beds are linked to electronic medical records (EMR) or electronic health records (EHR), which provide a wealth of medical data, including personal statistics such as weight, body temperature, heartbeat, blood, oxygen, and other vital signs, medication, laboratory test results, allergies, and immunisation status. This helps healthcare practitioners decide the best course of action based on pertinent facts about a patient's medical history. Moreover, nursing staff can use the provided data to enhance patient care.The frequency and duration of hospital stays have been growing as the incidence of chronic illnesses and the number of life-saving procedures has increased. Furthermore, the COVID-19 epidemic has created a considerable demand for smart beds in hospitals all over the world.Health care smart beds can increase patients’ safety by automatically transferring all data in real-time over the wireless network, allowing medical teams to instantly review and monitor patients’ vitals. Besides, these beds can send alerts to the medical team if there are any sudden changes in a patient’s health or movement, allowing medical personnel to intervene before the patient’s health deteriorates.

US Healthcare Smart Beds Market is poised to grow at a sustainable CAGR for the next forecast year.