The global smart bed market was valued at USD 3.44 billion in 2024 and is projected to grow from USD 3.64 billion in 2025 to USD 6.05 billion by 2032, reflecting a CAGR of 7.54% over the forecast period. North America led the global market with a dominant 31.68% share in 2024.
Smart beds are rapidly gaining popularity due to their ability to enhance health, comfort, and sleep quality. With features such as climate control, sleep tracking, and anti-snoring functions, these beds offer a highly personalized experience. Their integration with smartphones and other smart devices further increases their appeal, providing detailed insights into sleep patterns and overall wellness.
Some of the major players shaping the smart bed industry include:
Hi-Interiors Srl (Milano, Italy)
Hill-Rom Holdings Inc. (Chicago, Illinois, U.S.)
Johnson & Johnson Inc. (Elyria, Ohio, U.S.)
Paramount Bed Holdings Co., Ltd. (Tokyo, Japan)
Joerns Healthcare LLC (North Carolina, U.S.)
Sleep Number Corporation (Minnesota, U.S.)
Stryker Corporation (Michigan, U.S.)
Arjo AB (Malmo, Sweden)
ReST (Atlanta, U.S.)
BodiTrak (Vista Medical Ltd.) (Canada, U.S.)
This market report delivers a comprehensive blend of qualitative and quantitative research, derived from primary interviews with industry leaders and secondary sources such as press releases, SEC filings, and paid databases. A top-down and bottom-up approach was employed to estimate the revenue, market size, and positioning of key players.
By Application:
Healthcare
Residential
Hospitality
By Distribution Channel:
Offline
Online
By Region:
North America
Europe
Asia Pacific
Middle East & Africa
South America
Drivers:
Increasing demand for intelligent, connected devices to enhance user comfort and wellbeing.
Expanding product portfolios and strategic innovation by leading companies.
Rising popularity of smart solutions in healthcare and hospitality post-pandemic.
In 2020, smart product sales in Europe surged by 24% compared to the previous year, driven by increased consumer interest in home automation across countries like the U.K., Germany, Italy, France, and Spain.
Restraints:
The presence of counterfeit products, especially across online marketplaces, poses a significant challenge to market growth.
North America:
With smart bed market revenue reaching USD 0.90 billion in 2020, the region continues to benefit from technological advancements and increased renovation activities. Strong demand for IoT-integrated solutions across the U.S. and Canada fuels regional expansion.
Asia Pacific:
The region is poised for robust growth fueled by urbanization, digital transformation, and rising consumer purchasing power in countries like China, India, and Japan. Hong Kong alone reported USD 12.3 billion in investments in the ICT sector in 2019, highlighting the appetite for digital solutions.
Europe:
An increase in healthcare spending has created fertile ground for smart bed adoption. Germany, for instance, reported EUR 410.8 billion in healthcare expenditure in 2019. Governments across Germany, the U.K., and Italy are further promoting smart medical technologies.
The market is highly competitive, with major players engaging in M&As, R&D, and global expansion strategies to maintain their edge. Investment in product innovation and smart technology is expected to remain a key focus.
Notable Development:
April 2022: U.S.-based Sleep Number Corporation launched its Climate360 smart bed, featuring temperature control and a smart adjustable base to enhance user experience.