Bed monitoring systems and baby monitoring systems are employed to track the activities of patients and babies, respectively. These systems utilize various sensors to monitor activities and notify caregivers or parents if there is any deviation from normal behavior, ensuring prompt attention in case of an emergency. The sensors are typically designed to be placed under the mattress of a bed, near the bed frame, and are sealed against contamination, eliminating the need to discard the sensor after a patient is discharged. Ribbon switches, placed between stiff Plexiglas plates in the assembly of the sensor, contribute to the effectiveness of the monitoring system.
The main types of bed monitoring systems and baby monitoring systems include bedsore monitoring solutions, baby monitoring solutions, elderly monitoring solutions, and sleep monitoring solutions. Bedsore monitoring solutions are specifically designed to monitor areas prone to pressure sores or bedsores, which can develop when the skin and soft tissue are pressed against a harder surface for an extended period, such as a bed or chair. These monitoring systems find applications in various settings, including homecare, hospitals, nursing homes, and assisted living facilities.
The bed monitoring system & baby monitoring system market research report is one of a series of new reports that provides bed monitoring system & baby monitoring system market statistics, including bed monitoring system & baby monitoring system industry global market size, regional shares, competitors with a bed monitoring system & baby monitoring system market share, detailed bed monitoring system & baby monitoring system market segments, market trends and opportunities, and any further data you may need to thrive in the bed monitoring system & baby monitoring system industry. This bed monitoring system & baby monitoring system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The bed monitoring system & baby monitoring system market size has grown strongly in recent years. It will grow from $1.84 billion in 2023 to $2.01 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth observed during the historical period in the bed monitoring system and baby monitoring system market can be attributed to several factors. These include the aging population, increased healthcare expenditure, regulatory compliance requirements, initiatives focused on patient safety, and a rise in birth rates. These factors collectively contributed to the expansion and development of the bed monitoring system and baby monitoring system market during the specified historical timeframe.
The bed monitoring system & baby monitoring system market size is expected to see strong growth in the next few years. It will grow to $2.91 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The anticipated growth in the forecast period for the bed monitoring system and baby monitoring system market can be attributed to various factors. These include the increasing emphasis on parental convenience, growing safety concerns, the rise of working parents, and the effects of rapid urbanization. Major trends expected during this period include the integration of telehealth services, the implementation of wireless connectivity, the incorporation of AI-powered insights, advancements in camera technology for monitoring, and the development of features for fall detection and prevention. These trends reflect significant considerations in the market as it adapts to evolving consumer needs and technological advancements.
The bed monitoring system & baby monitoring system market is set to experience significant growth, driven by the increasing investment in healthcare infrastructural development. Governments worldwide are launching initiatives to enhance hospital infrastructure, particularly in underserved areas, creating a heightened demand for bed monitoring systems and baby monitoring systems. An illustrative example is the Build Back Better Act (BBBA) in the United States, allocating over $2 billion to improve basic public health infrastructure and enhance the healthcare system's responsiveness to various health challenges. Notably, the BBBA includes substantial investments in public health efforts, with $100 million allocated in 2022, $150 million in 2023, and $500 million in 2024–2026 for the Centers for Disease Control and Prevention (CDC). This surge in healthcare infrastructure investments is a driving force behind the bed monitoring system & baby monitoring system market's growth.
The growth of the bed monitoring system and baby monitoring system market is anticipated to receive a boost from the increasing geriatric population. As the proportion of individuals aged 65 and older rises, there is a heightened vulnerability to various health issues and chronic conditions among the elderly. Bed monitoring systems play a crucial role in monitoring the health and safety of older individuals, providing real-time information and alerts to caregivers and healthcare professionals. According to a report by the World Health Organization (WHO), the global population aged 60 or older is projected to reach one in six people by 2030. Additionally, by 2050, the global population aged 80 or older is expected to increase by 426 million compared to the current figures. This demographic shift is contributing significantly to the growth of the bed monitoring system and baby monitoring system market.
Technological advancements have emerged as a key trend in the bed monitoring system & baby monitoring system market. Major companies operating in this sector are actively introducing technological innovations to strengthen their market positions. For instance, in August 2023, Dozee and Midmark India collaborated to launch India’s first connected bed platform, automating patient monitoring in hospital beds. This innovative platform, powered by cloud and artificial intelligence technology, utilizes next-generation sensors for comprehensive monitoring of patients in High Dependency Units (HDUs), step-down ICUs, and non-ICU wards. This trend underscores the industry's commitment to leveraging advanced technologies for enhanced patient care and monitoring capabilities.
Major players in the bed monitoring system and baby monitoring system market are strategically introducing innovative products, such as home baby monitoring systems, to cater to broader customer bases, boost sales, and enhance revenue. A home baby monitoring system comprises devices and technology designed to allow parents or caregivers to closely monitor infants or young children while they sleep or play in designated areas within the home. An exemplar in this category is the Masimo Corporation's Stork, launched in May 2023. Noteworthy features of this product include its capacity to offer parents insightful data about their baby's health, fostering a stronger connection. The Masimo Stork includes a high-resolution 2K QHD camera with exceptional nighttime vision, facilitating high-quality two-way audio communication between parents and babies. Additionally, the camera integrates room condition monitoring, providing accurate measurements of temperature, humidity, and noise levels. The Masimo Stork app seamlessly incorporates these components, allowing parents to access monitoring data, review developmental milestones, and share images directly with others.
In a strategic move, Hill-Rom Holdings Inc., a prominent US-based medical technology provider, acquired contact-free continuous monitoring technology from EarlySense for $30 million in February 2021. This acquisition reflects Hillrom's dedication to establishing a distinct suite of connected solutions aimed at improving patient outcomes. The acquisition involved technology from EarlySense, an Israel-based medical device company specializing in baby monitoring systems. This strategic investment aligns with Hillrom's broader vision for connected healthcare solutions.
Major companies operating in the bed monitoring system & baby monitoring system market include Wellsens Inc., XSENSOR Technology Corporation, SensorCare Systems Ltd., Smart Caregiver Corporation, Eight Sleep Inc., Infant Optics Inc., Lenovo Group Limited, Koninklijke Philips N.V., VTech Communications Inc., Nanit Inc., iBaby Labs Inc., Withings Inc., Hisense Ltd., Motorola Mobility LLC, Capsule Technologies Inc., Emfit Ltd., Hisense USA Corporation, EarlySense Inc., Tekscan Inc., Sleep Number Corporation, Fresenius Medical Care Holdings Inc., Angelcare Monitors Inc., Owlet Baby Care Inc., Samsung Electronics Co. Ltd., Summer Infant Inc., Levana LLC, Safety 1st Inc., Mobi Technologies Inc., Graco Children's Products Inc., Lorex Technology Inc., Arlo Technologies Inc., Cocoon Cam Inc., Lollipop Baby Camera Inc., Cubo AI Inc., Snuzy Baby Inc., MonDevices Inc., Bluebell Baby Inc.
North America was the largest region in the bed monitoring system and baby monitoring system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bed monitoring system & baby monitoring system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the bed monitoring system & baby monitoring system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The bed monitoring system & baby monitoring system market consists of sales of audio monitor, video monitor, app monitor, movement monitor, heart and breathing monitor, oxygen measurement monitors and oximeters and monitors for hearing impaired parents. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The main types of bed monitoring systems and baby monitoring systems include bedsore monitoring solutions, baby monitoring solutions, elderly monitoring solutions, and sleep monitoring solutions. Bedsore monitoring solutions are specifically designed to monitor areas prone to pressure sores or bedsores, which can develop when the skin and soft tissue are pressed against a harder surface for an extended period, such as a bed or chair. These monitoring systems find applications in various settings, including homecare, hospitals, nursing homes, and assisted living facilities.
The bed monitoring system & baby monitoring system market research report is one of a series of new reports that provides bed monitoring system & baby monitoring system market statistics, including bed monitoring system & baby monitoring system industry global market size, regional shares, competitors with a bed monitoring system & baby monitoring system market share, detailed bed monitoring system & baby monitoring system market segments, market trends and opportunities, and any further data you may need to thrive in the bed monitoring system & baby monitoring system industry. This bed monitoring system & baby monitoring system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The bed monitoring system & baby monitoring system market size has grown strongly in recent years. It will grow from $1.84 billion in 2023 to $2.01 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth observed during the historical period in the bed monitoring system and baby monitoring system market can be attributed to several factors. These include the aging population, increased healthcare expenditure, regulatory compliance requirements, initiatives focused on patient safety, and a rise in birth rates. These factors collectively contributed to the expansion and development of the bed monitoring system and baby monitoring system market during the specified historical timeframe.
The bed monitoring system & baby monitoring system market size is expected to see strong growth in the next few years. It will grow to $2.91 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The anticipated growth in the forecast period for the bed monitoring system and baby monitoring system market can be attributed to various factors. These include the increasing emphasis on parental convenience, growing safety concerns, the rise of working parents, and the effects of rapid urbanization. Major trends expected during this period include the integration of telehealth services, the implementation of wireless connectivity, the incorporation of AI-powered insights, advancements in camera technology for monitoring, and the development of features for fall detection and prevention. These trends reflect significant considerations in the market as it adapts to evolving consumer needs and technological advancements.
The bed monitoring system & baby monitoring system market is set to experience significant growth, driven by the increasing investment in healthcare infrastructural development. Governments worldwide are launching initiatives to enhance hospital infrastructure, particularly in underserved areas, creating a heightened demand for bed monitoring systems and baby monitoring systems. An illustrative example is the Build Back Better Act (BBBA) in the United States, allocating over $2 billion to improve basic public health infrastructure and enhance the healthcare system's responsiveness to various health challenges. Notably, the BBBA includes substantial investments in public health efforts, with $100 million allocated in 2022, $150 million in 2023, and $500 million in 2024–2026 for the Centers for Disease Control and Prevention (CDC). This surge in healthcare infrastructure investments is a driving force behind the bed monitoring system & baby monitoring system market's growth.
The growth of the bed monitoring system and baby monitoring system market is anticipated to receive a boost from the increasing geriatric population. As the proportion of individuals aged 65 and older rises, there is a heightened vulnerability to various health issues and chronic conditions among the elderly. Bed monitoring systems play a crucial role in monitoring the health and safety of older individuals, providing real-time information and alerts to caregivers and healthcare professionals. According to a report by the World Health Organization (WHO), the global population aged 60 or older is projected to reach one in six people by 2030. Additionally, by 2050, the global population aged 80 or older is expected to increase by 426 million compared to the current figures. This demographic shift is contributing significantly to the growth of the bed monitoring system and baby monitoring system market.
Technological advancements have emerged as a key trend in the bed monitoring system & baby monitoring system market. Major companies operating in this sector are actively introducing technological innovations to strengthen their market positions. For instance, in August 2023, Dozee and Midmark India collaborated to launch India’s first connected bed platform, automating patient monitoring in hospital beds. This innovative platform, powered by cloud and artificial intelligence technology, utilizes next-generation sensors for comprehensive monitoring of patients in High Dependency Units (HDUs), step-down ICUs, and non-ICU wards. This trend underscores the industry's commitment to leveraging advanced technologies for enhanced patient care and monitoring capabilities.
Major players in the bed monitoring system and baby monitoring system market are strategically introducing innovative products, such as home baby monitoring systems, to cater to broader customer bases, boost sales, and enhance revenue. A home baby monitoring system comprises devices and technology designed to allow parents or caregivers to closely monitor infants or young children while they sleep or play in designated areas within the home. An exemplar in this category is the Masimo Corporation's Stork, launched in May 2023. Noteworthy features of this product include its capacity to offer parents insightful data about their baby's health, fostering a stronger connection. The Masimo Stork includes a high-resolution 2K QHD camera with exceptional nighttime vision, facilitating high-quality two-way audio communication between parents and babies. Additionally, the camera integrates room condition monitoring, providing accurate measurements of temperature, humidity, and noise levels. The Masimo Stork app seamlessly incorporates these components, allowing parents to access monitoring data, review developmental milestones, and share images directly with others.
In a strategic move, Hill-Rom Holdings Inc., a prominent US-based medical technology provider, acquired contact-free continuous monitoring technology from EarlySense for $30 million in February 2021. This acquisition reflects Hillrom's dedication to establishing a distinct suite of connected solutions aimed at improving patient outcomes. The acquisition involved technology from EarlySense, an Israel-based medical device company specializing in baby monitoring systems. This strategic investment aligns with Hillrom's broader vision for connected healthcare solutions.
Major companies operating in the bed monitoring system & baby monitoring system market include Wellsens Inc., XSENSOR Technology Corporation, SensorCare Systems Ltd., Smart Caregiver Corporation, Eight Sleep Inc., Infant Optics Inc., Lenovo Group Limited, Koninklijke Philips N.V., VTech Communications Inc., Nanit Inc., iBaby Labs Inc., Withings Inc., Hisense Ltd., Motorola Mobility LLC, Capsule Technologies Inc., Emfit Ltd., Hisense USA Corporation, EarlySense Inc., Tekscan Inc., Sleep Number Corporation, Fresenius Medical Care Holdings Inc., Angelcare Monitors Inc., Owlet Baby Care Inc., Samsung Electronics Co. Ltd., Summer Infant Inc., Levana LLC, Safety 1st Inc., Mobi Technologies Inc., Graco Children's Products Inc., Lorex Technology Inc., Arlo Technologies Inc., Cocoon Cam Inc., Lollipop Baby Camera Inc., Cubo AI Inc., Snuzy Baby Inc., MonDevices Inc., Bluebell Baby Inc.
North America was the largest region in the bed monitoring system and baby monitoring system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bed monitoring system & baby monitoring system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the bed monitoring system & baby monitoring system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The bed monitoring system & baby monitoring system market consists of sales of audio monitor, video monitor, app monitor, movement monitor, heart and breathing monitor, oxygen measurement monitors and oximeters and monitors for hearing impaired parents. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Bed Monitoring System & Baby Monitoring System Market Characteristics3. Bed Monitoring System & Baby Monitoring System Market Trends And Strategies31. Global Bed Monitoring System & Baby Monitoring System Market Competitive Benchmarking32. Global Bed Monitoring System & Baby Monitoring System Market Competitive Dashboard33. Key Mergers And Acquisitions In The Bed Monitoring System & Baby Monitoring System Market
4. Bed Monitoring System & Baby Monitoring System Market - Macro Economic Scenario
5. Global Bed Monitoring System & Baby Monitoring System Market Size and Growth
6. Bed Monitoring System & Baby Monitoring System Market Segmentation
7. Bed Monitoring System & Baby Monitoring System Market Regional And Country Analysis
8. Asia-Pacific Bed Monitoring System & Baby Monitoring System Market
9. China Bed Monitoring System & Baby Monitoring System Market
10. India Bed Monitoring System & Baby Monitoring System Market
11. Japan Bed Monitoring System & Baby Monitoring System Market
12. Australia Bed Monitoring System & Baby Monitoring System Market
13. Indonesia Bed Monitoring System & Baby Monitoring System Market
14. South Korea Bed Monitoring System & Baby Monitoring System Market
15. Western Europe Bed Monitoring System & Baby Monitoring System Market
16. UK Bed Monitoring System & Baby Monitoring System Market
17. Germany Bed Monitoring System & Baby Monitoring System Market
18. France Bed Monitoring System & Baby Monitoring System Market
19. Italy Bed Monitoring System & Baby Monitoring System Market
20. Spain Bed Monitoring System & Baby Monitoring System Market
21. Eastern Europe Bed Monitoring System & Baby Monitoring System Market
22. Russia Bed Monitoring System & Baby Monitoring System Market
23. North America Bed Monitoring System & Baby Monitoring System Market
24. USA Bed Monitoring System & Baby Monitoring System Market
25. Canada Bed Monitoring System & Baby Monitoring System Market
26. South America Bed Monitoring System & Baby Monitoring System Market
27. Brazil Bed Monitoring System & Baby Monitoring System Market
28. Middle East Bed Monitoring System & Baby Monitoring System Market
29. Africa Bed Monitoring System & Baby Monitoring System Market
30. Bed Monitoring System & Baby Monitoring System Market Competitive Landscape And Company Profiles
34. Bed Monitoring System & Baby Monitoring System Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Bed Monitoring System & Baby Monitoring System Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on bed monitoring system & baby monitoring system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for bed monitoring system & baby monitoring system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Type: Bedsore Monitoring Solutions; Baby Monitoring Solutions; Elderly Monitoring Solutions; Sleep Monitoring Solutions 2) By End-User: Homecare Settings; Hospitals; Nursing Home; Assisted Living Facilities
- Companies Mentioned: Wellsens Inc.; XSENSOR Technology Corporation; SensorCare Systems Ltd.; Smart Caregiver Corporation; Eight Sleep Inc.
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Wellsens Inc.
- XSENSOR Technology Corporation
- SensorCare Systems Ltd.
- Smart Caregiver Corporation
- Eight Sleep Inc.
- Infant Optics Inc.
- Lenovo Group Limited
- Koninklijke Philips N.V.
- VTech Communications Inc.
- Nanit Inc.
- iBaby Labs Inc.
- Withings Inc.
- Hisense Ltd.
- Motorola Mobility LLC
- Capsule Technologies Inc.
- Emfit Ltd.
- Hisense USA Corporation
- EarlySense Inc.
- Tekscan Inc.
- Sleep Number Corporation
- Fresenius Medical Care Holdings Inc.
- Angelcare Monitors Inc.
- Owlet Baby Care Inc.
- Samsung Electronics Co. Ltd.
- Summer Infant Inc.
- Levana LLC
- Safety 1st Inc.
- Mobi Technologies Inc.
- Graco Children's Products Inc.
- Lorex Technology Inc.
- Arlo Technologies Inc.
- Cocoon Cam Inc.
- Lollipop Baby Camera Inc.
- Cubo AI Inc.
- Snuzy Baby Inc.
- MonDevices Inc.
- Bluebell Baby Inc.
Methodology
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