The growth of this market is driven primarily by factors such as growing investments in healthcare infrastructural development, increasing elderly population, rising adoption of unobtrusive monitoring solutions, increasing focus on reducing the treatment cost of pressure ulcer & fall injuries and increasing online availability & purchase of products.
The Bed Monitoring System market is expected to grow from USD 1.3 billion in 2019 to USD 1.9 billion by 2024, at a CAGR of 7.9%
Report Objectives
+ To define, describe, and forecast the bed monitoring system & baby monitoring system market based on type, end user, and region.
+ To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market.
+ To forecast the market size of market segments with respect to three main regions: North America, Europe, Asia Pacific, GCC Countries, and the Rest of the World (RoW).
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“Baby monitoring segment accounted for the largest share of the bed monitoring system & baby monitoring system market in 2018”
The bed monitoring system & baby monitoring system market is divided into baby monitoring, elderly monitoring, bedsore monitoring, and sleep monitoring. The baby monitoring segment accounted for the largest share of the bed monitoring system & baby monitoring system market in 2018. The large share of this segment is attributed the availability of new products, increasing awareness among parents, and growing adoption of baby monitors in homecare settings.
“The homecare settings end-user segment is expected to grow in the near future”
The bed monitoring system & baby monitoring system market is segmented into homecare settings, hospitals, nursing home, and assisted living facilities. The homecare settings segment dominated the bed monitoring system & baby monitoring system market in 2018.
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https://www.marketsandmarkets.com/PressReleases/bed-baby-monitoring-system.asp
