Market Overview:

The Smart Beds Market size is estimated to reach $3.6 Billion by 2031, growing at a CAGR of 4.2% during the forecast period 2025-2031, according to a recent report published by IndustryARC, titled, “Smart Beds Market - Smart Beds Market - By Product Type (Manual Smart Beds, Semi-Automatic Smart Beds, Fully Automatic Smart Beds), By Features (Sleep Monitoring & Tracking, Temperature & Climate Control, Automatic Position Adjustment, Massage & Relaxation Features, Smart Home Connectivity, Others), By Technology (Sensor-Based Smart Beds, IoT enabled Smart Beds, AI integrated Smart Beds)By Application (Residential, Healthcare, Hospitality, Others), By Distribution Channel (Offline, Online), By Geography - Opportunity Analysis & Industry Forecast, 2025-2031

The smart bed market is booming, driven by growing sleep health awareness, seamless smart home connections, and the needs of an aging demographic. Technological advances, space-saving designs for urban living, and the pursuit of luxurious comfort are also key catalysts.

North America dominates the market in 2024:

North America dominates the smart beds market with a market share of 32% in 2024.  According to Sleep Doctor Holdings, LLC, residual effects affect a large majority with 79% of adults relying on prescription sleep medication. This alarming statistic highlights the growing need for innovative sleep solutions that can aid in early detection and management of sleep-related disorders. In response, North American consumers are increasingly drawn to smart home devices that offer convenience, comfort, and an enhanced quality of life. This preference extends to bedroom furnishings, where smart beds have emerged as a transformative solution. Equipped with features such as sleep tracking, personalized comfort settings and seamless integration with other smart home systems, smart beds can play a crucial role in identifying irregular sleep patterns that may indicate conditions like OSA. As awareness of health and wellness continues to rise, consumers are prioritizing technologies that not only improve comfort but also contribute to overall well-being.

Smart Beds Market: Key Takeaways

Health and Wellness Focus

The global smart bed market is witnessing robust growth, significantly driven by the increasing consumer focus on health and wellness. As awareness grows about the crucial role sleep plays in overall well-being, consumers are investing more in technologies that enhance sleep quality and provide valuable health insights. A study using Sleep Number smart bed data and a sleeper survey revealed that untreated sleep disorders strongly correlate with daytime sleepiness, regardless of sleep schedule or duration. This highlights the importance of treating sleep disorders to combat sleepiness, and the positive impact of consistent, healthy sleep habits for those without such disorders. The convergence of health and wellness priorities with advancements in smart bed technology is propelling market growth, with consumers increasingly investing in smart beds not only for improved sleep quality but also for proactive health monitoring.

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Aging population boosts healthcare use

The global smart bed market is experiencing significant growth, driven in part by the aging population's increased healthcare needs. As the number of older adults rises, so does the demand for advanced healthcare solutions, including smart beds that offer enhanced monitoring and comfort features. In July 2024, Prisma Health invested $41 million to enhance patient care by replacing outdated beds with 1,500 new Hillrom smart beds across its system. The aging global population is significantly boosting healthcare utilization, leading to increased demand for smart beds equipped with technologies that address the specific needs of older adults.

Scope of the Report: 

        Report Metric

                          Details

Base Year Considered

2024

Forecast Period

2025–2031

CAGR

4.2%

Market Size in 2031

$3.6 Billion

Segments Covered

By Product Type, By Features, By Technology, By Application, By Distribution Channel and By Geography
 

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).
 

Key Market Players
  1. Sleep Number Corporation
  2. Tempur-Pedic
  3. Eight Sleep
  4. Whitestone Home Furnishings
  5. PARAMOUNT BED CO., LTD
  6. Ascion, LLC.
  7. LINET SPOL. S R.O.
  8. Baxter International
  9. Arjo AB
  10. Kingsdown

Recent Development

•    In October 2024, Sleep Number Corporation launched the new ClimateCool smart bed. The smart bed that actively cools and effortlessly adjusts to both sleepers—ideal for couples with different sleep needs and preferences.

•    In November 2023, Xiaomi, collaborated with 8H, has launched the Xiaomi 8H Find Smart Electric Bed on Youpin. This innovative bed, offered in 1.5m and 1.8m sizes, blends advanced technology with comfort, starting at $394.

Smart Beds Market: Competitive Landscape

Key companies profiled in the Smart Beds Market are Sleep Number Corporation, Tempur-Pedic, Eight Sleep, Whitestone Home Furnishings, PARAMOUNT BED CO., LTD, Ascion, LLC., LINET SPOL. S R.O., Baxter International, Arjo AB, Kingsdown and others.

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