Bed Monitoring System & Baby Monitoring System Market Synopsis

Bed Monitoring System & Baby Monitoring System Market Size Was Valued at USD 1.2 Billion in 2023, and is Projected to Reach USD 2.1 Billion by 2032, Growing at a CAGR of 6.6% From 2024-2032.

A Bed Monitoring System is an interactive health care device made with an aim of observing and documenting different features of an individual who is lying on the bed most probably aimed at improving the health of a patient in the hospital, or helping in the care of the elderly. It uses motion detectors and sometimes video records movement, heart, and respiratory rates, and sleep-wake cycles. It can be helpful in reporting any drastic or suspicious changes that may occur on the patient’s side, like staying still for long or developing peculiar heart rates, among others, thereby improving on safety.

A Baby Monitoring System defines as one type of device that has targets on the baby’s safety and security especially during sleeping period. This feature may include audio-video where the parents or caregivers can be able to hear or see the baby from another room. The sophisticated models may also have monitoring devices to monitor the baby’s movements, breathing, and the temperature in the room and it alarms if it notices any irregularities. These systems give the parents consolation as they can monitor their children all through and or respond to any problem anytime it arises.

•  The market for Bed Monitoring System has been growing at a rapid pace over the years mainly due to the rising need for improving the patient as well as elder care. An increasingly elderly population together with an increase in chronic conditions has created demand for such systems in hospitals, nursing homes and home care. Other factors have also contributed to the development of the market such as the convergence of artificial intelligence and IoT that has enhanced precise and heightened monitoring services. Further, the increasing knowledge on the medical facets of preventive health care and fall control has helped widen the market. Currently the largest markets are North America and Europe but as health facilities and expenditures continue to enhance in the region more especially Asia-Pacific appears to be the quickest growing region.
•  The market for Baby Monitoring System is also growing at a good pace and with the advancement in technology, and more working parents, special attention to the safety of their babies, and the use of smart products in homes. Modern parents seek to use seven types of features in baby monitors, including video in HD quality, two-way audio, motion and breathing detectors, and the ability to connect the device to a smartphone. Such a trend portrays the availability of products to fit the different needs and financial capabilities of the clients. The market is still very much saturated and there is significant rivalry amongst the industry players to provide better functionalities and easier interface among the users. North America holds a lion share in the market due to factors such as high per capita income and technological awareness of the customers while Asia Pacific is likely to emerge as the most favorable market due to the broad population and the urbanization factor.

Bed Monitoring System & Baby Monitoring System Market Trend Analysis

Increasing integration of artificial intelligence (AI) and machine learning (ML) technologies

• In the markets of both the products, such as the Bed Monitoring System and Baby Monitoring System, the AI and ML technologies are becoming more integrated. AI and ML are improving the capacity of these systems by providing more predictive monitoring. In the case of Bed Monitoring Systems, then it is possible to use AI algorithms to analyze the data in reference to such factors as falls or even the likelihood of contracting conditions such as sleep apnea among other complications. In the same way, AI can be useful in Baby Monitoring Systems, analyzing various motions or breaths which might be indicators of some problems facing the parents in real-time.
•  Besides, the use of AI integrated into analytics boosts the executive potential of recommendations given for better caregiving to every user. Not only does this skew make these kinds of monitoring systems more efficient and credible, but it also makes them more utilized by a growing number of diverse organizations and individuals.

Development and integration of wearable technology

• Concerning the further development of the Bed Monitoring System and Baby Monitoring System, it can be concluded that an emerging market in itself is the use of wearable technologies. Smartwatches or clothes with integrated sensors are perfect to constantly monitor vital signs and movements of a patient without having to restrict him to an immobile bed, which is traditional in many monitoring systems. In Bed Monitoring Systems, the technology could complement mobility of the patient, besides facilitating continuous monitoring of patient’s health especially in home care and outpatient department.
•  In the context of the Baby Monitoring System, wearable devices ensure the tracking of the child’s vitals and movements without any physical connection or the need for fixed equipment of space, giving the parents relief and more mobility. This is further supported by the increasing use of wearable health technology and enhanced accuracy of the sensors together with the lifetime of batteries that makes wearables as the most suitable tool for health and safety monitoring.

Bed Monitoring System & Baby Monitoring System Market Segment Analysis:

Bed Monitoring System & Baby Monitoring System Market Segmented on the basis of type and end-users.

By Type, Baby Monitor segment is expected to dominate the market during the forecast period

• Out of the aforementioned segments, it is believed that the Baby Monitor segment would claim the largest market share in the forecast period on account of several factors. The two primary factors, which are growing consciousness regarding infants’ safety and the rising population of working parents, are contributing to the expansion of baby monitoring systems’ demand. It has been the recipient of subsequent innovations including the development of a high definition video, two way communication, real time health monitoring among others due to the increasing demand of the technological societies’ parents aiming at optimizing security.
•  Also the factor of connectivity provided by smartphones and remote access can also help the parents to monitor their babies hence making the segment more attractive. Another upcoming factor that also contributes to the growth of the market is the trend in smart homes where equipment is connected and have efficient monitoring. Thus, the segment Baby Monitor will have high growth rates and will take a greater market share as compared with the other segments.

By End User, Homecare settings segment expected to held the largest share

• The homecare settings segment is anticipated to represented the largest market for the Bed Monitoring System and Baby Monitoring System due to the following reasons. Thus, the trend for home-based care with reference to the growth of age and frequency of chronic diseases has led to a growing demand for such monitoring systems. Since homecare involves the familiar home environment as the locus, it provides better patient experiences than hospitals resulting to better overall gains for the patient and lower costs of health care in the long run than if they were admitted in hospital.
•  Also, due to improvement in IT gadgets, caregivers find it easier to monitor patients’ health status and safety from a distant place. In the case of baby monitoring, the comfort and welfare that parents get from monitoring the state of their infant while they are at home is beyond describable. There is evidence of the continuous movement toward homecare, which, coupled with trends such as telehealth and remote monitoring, sustains the ongoing dominance of the homecare settings segment in these markets.

Bed Monitoring System & Baby Monitoring System Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period

• It can be explained that the Asia-Pacific region will have the largest share in the Bed Monitoring System and Baby Monitoring System markets in the forecast period because of certain reasons. This increase in the population base and AGI along with growing urbanization and higher disposable income is driving higher need of better and improved healthcare and nursery safety needs in the region. Governments of countries like China, India and Japan is also actively participating in establishing the health care centers which is fueling the growth of the market.
•  Also, more extensive use of smart technologies that integrate monitoring solutions and a higher usage of the internet and smartphones are contributing to the improved accessibility and cost-efficiency of monitoring systems. This region’s consumer population is also technologically advanced and receptive to new technologies that embrace and elevate the health and safety levels. Furthermore, increased health consciousness and child safeguarding consciousness among the middle-income group to ensure management for better health is also driving the market’s growth. Therefore, Asia-Pacific will be established as the most influential region for such markets with a great potential for growth to manufacturers and investors.

Active Key Players in the Bed Monitoring System & Baby Monitoring System Market

• Angelcare Monitors Inc. (Canada)
• BabySense (Hisense Ltd.) (Israel)
• EarlySense Ltd. (Israel)
• Fresenius Medical Care AG & Co. KGaA (Germany)
• GE Healthcare (United States)
• Hill-Rom Holdings, Inc. (United States)
• iBaby Labs, Inc. (United States)
• Koninklijke Philips N.V. (Netherlands)
• Medtronic plc (Ireland)
• Motorola Solutions, Inc. (United States)
• Nanit (United States)
• Owlet Baby Care, Inc. (United States)
• Smart Caregiver Corporation (United States)
• Stryker Corporation (United States)
• VTech Holdings Ltd. (Hong Kong)
• Other key Players

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Bed Monitoring System & Baby Monitoring System Market by Type
 4.1 Bed Monitoring System & Baby Monitoring System Market Snapshot and Growth Engine
 4.2 Bed Monitoring System & Baby Monitoring System Market Overview
 4.3 Baby Monitor
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Baby Monitor: Geographic Segmentation Analysis
 4.4 Pressure Ulcer
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Pressure Ulcer: Geographic Segmentation Analysis
 4.5 Elderly Monitor (Fall Prevention)
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Elderly Monitor (Fall Prevention): Geographic Segmentation Analysis
 4.6 Sleep Monitor
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Sleep Monitor: Geographic Segmentation Analysis

Chapter 5: Bed Monitoring System & Baby Monitoring System Market by End User
 5.1 Bed Monitoring System & Baby Monitoring System Market Snapshot and Growth Engine
 5.2 Bed Monitoring System & Baby Monitoring System Market Overview
 5.3 Homecare settings
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Homecare settings: Geographic Segmentation Analysis
 5.4 Hospitals
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Hospitals: Geographic Segmentation Analysis
 5.5 Nursing homes
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Nursing homes: Geographic Segmentation Analysis
 5.6 Assisted living facilities
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Assisted living facilities: Geographic Segmentation Analysis

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Benchmarking
  6.1.2 Bed Monitoring System & Baby Monitoring System Market Share by Manufacturer (2023)
  6.1.3 Industry BCG Matrix
  6.1.4 Heat Map Analysis
  6.1.5 Mergers and Acquisitions
  
 6.2 ANGELCARE MONITORS INC. (CANADA)
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Role of the Company in the Market
  6.2.5 Sustainability and Social Responsibility
  6.2.6 Operating Business Segments
  6.2.7 Product Portfolio
  6.2.8 Business Performance
  6.2.9 Key Strategic Moves and Recent Developments
  6.2.10 SWOT Analysis
 6.3 BABYSENSE (HISENSE LTD.) (ISRAEL)
 6.4 EARLYSENSE LTD. (ISRAEL)
 6.5 FRESENIUS MEDICAL CARE AG & CO. KGAA (GERMANY)
 6.6 GE HEALTHCARE (UNITED STATES)
 6.7 HILL-ROM HOLDINGS
 6.8 INC (UNITED STATES)
 6.9 IBABY LABS
 6.10 INC (UNITED STATES)
 6.11 KONINKLIJKE PHILIPS N.V. (NETHERLANDS)
 6.12 MEDTRONIC PLC (IRELAND)
 6.13 MOTOROLA SOLUTIONS
 6.14 INC. (UNITED STATES)
 6.15 NANIT (UNITED STATES)
 6.16 OWLET BABY CARE
 6.17 INC (UNITED STATES)
 6.18 SMART CAREGIVER CORPORATION (UNITED STATES)
 6.19 STRYKER CORPORATION (UNITED STATES)
 6.20 VTECH HOLDINGS LTD (HONG KONG)
 6.21 OTHER KEY PLAYERS

Chapter 7: Global Bed Monitoring System & Baby Monitoring System Market By Region
 7.1 Overview
 7.2. North America Bed Monitoring System & Baby Monitoring System Market
  7.2.1 Key Market Trends, Growth Factors and Opportunities
  7.2.2 Top Key Companies
  7.2.3 Historic and Forecasted Market Size by Segments
  7.2.4 Historic and Forecasted Market Size By Type
   7.2.4.1 Baby Monitor
   7.2.4.2 Pressure Ulcer
   7.2.4.3 Elderly Monitor (Fall Prevention)
   7.2.4.4 Sleep Monitor
  7.2.5 Historic and Forecasted Market Size By End User
   7.2.5.1 Homecare settings
   7.2.5.2 Hospitals
   7.2.5.3 Nursing homes
   7.2.5.4 Assisted living facilities
  7.2.6 Historic and Forecast Market Size by Country
   7.2.6.1 US
   7.2.6.2 Canada
   7.2.6.3 Mexico
 7.3. Eastern Europe Bed Monitoring System & Baby Monitoring System Market
  7.3.1 Key Market Trends, Growth Factors and Opportunities
  7.3.2 Top Key Companies
  7.3.3 Historic and Forecasted Market Size by Segments
  7.3.4 Historic and Forecasted Market Size By Type
   7.3.4.1 Baby Monitor
   7.3.4.2 Pressure Ulcer
   7.3.4.3 Elderly Monitor (Fall Prevention)
   7.3.4.4 Sleep Monitor
  7.3.5 Historic and Forecasted Market Size By End User
   7.3.5.1 Homecare settings
   7.3.5.2 Hospitals
   7.3.5.3 Nursing homes
   7.3.5.4 Assisted living facilities
  7.3.6 Historic and Forecast Market Size by Country
   7.3.6.1 Bulgaria
   7.3.6.2 The Czech Republic
   7.3.6.3 Hungary
   7.3.6.4 Poland
   7.3.6.5 Romania
   7.3.6.6 Rest of Eastern Europe
 7.4. Western Europe Bed Monitoring System & Baby Monitoring System Market
  7.4.1 Key Market Trends, Growth Factors and Opportunities
  7.4.2 Top Key Companies
  7.4.3 Historic and Forecasted Market Size by Segments
  7.4.4 Historic and Forecasted Market Size By Type
   7.4.4.1 Baby Monitor
   7.4.4.2 Pressure Ulcer
   7.4.4.3 Elderly Monitor (Fall Prevention)
   7.4.4.4 Sleep Monitor
  7.4.5 Historic and Forecasted Market Size By End User
   7.4.5.1 Homecare settings
   7.4.5.2 Hospitals
   7.4.5.3 Nursing homes
   7.4.5.4 Assisted living facilities
  7.4.6 Historic and Forecast Market Size by Country
   7.4.6.1 Germany
   7.4.6.2 UK
   7.4.6.3 France
   7.4.6.4 Netherlands
   7.4.6.5 Italy
   7.4.6.6 Russia
   7.4.6.7 Spain
   7.4.6.8 Rest of Western Europe
 7.5. Asia Pacific Bed Monitoring System & Baby Monitoring System Market
  7.5.1 Key Market Trends, Growth Factors and Opportunities
  7.5.2 Top Key Companies
  7.5.3 Historic and Forecasted Market Size by Segments
  7.5.4 Historic and Forecasted Market Size By Type
   7.5.4.1 Baby Monitor
   7.5.4.2 Pressure Ulcer
   7.5.4.3 Elderly Monitor (Fall Prevention)
   7.5.4.4 Sleep Monitor
  7.5.5 Historic and Forecasted Market Size By End User
   7.5.5.1 Homecare settings
   7.5.5.2 Hospitals
   7.5.5.3 Nursing homes
   7.5.5.4 Assisted living facilities
  7.5.6 Historic and Forecast Market Size by Country
   7.5.6.1 China
   7.5.6.2 India
   7.5.6.3 Japan
   7.5.6.4 South Korea
   7.5.6.5 Malaysia
   7.5.6.6 Thailand
   7.5.6.7 Vietnam
   7.5.6.8 The Philippines
   7.5.6.9 Australia
   7.5.6.10 New Zealand
   7.5.6.11 Rest of APAC
 7.6. Middle East & Africa Bed Monitoring System & Baby Monitoring System Market
  7.6.1 Key Market Trends, Growth Factors and Opportunities
  7.6.2 Top Key Companies
  7.6.3 Historic and Forecasted Market Size by Segments
  7.6.4 Historic and Forecasted Market Size By Type
   7.6.4.1 Baby Monitor
   7.6.4.2 Pressure Ulcer
   7.6.4.3 Elderly Monitor (Fall Prevention)
   7.6.4.4 Sleep Monitor
  7.6.5 Historic and Forecasted Market Size By End User
   7.6.5.1 Homecare settings
   7.6.5.2 Hospitals
   7.6.5.3 Nursing homes
   7.6.5.4 Assisted living facilities
  7.6.6 Historic and Forecast Market Size by Country
   7.6.6.1 Turkey
   7.6.6.2 Bahrain
   7.6.6.3 Kuwait
   7.6.6.4 Saudi Arabia
   7.6.6.5 Qatar
   7.6.6.6 UAE
   7.6.6.7 Israel
   7.6.6.8 South Africa
 7.7. South America Bed Monitoring System & Baby Monitoring System Market
  7.7.1 Key Market Trends, Growth Factors and Opportunities
  7.7.2 Top Key Companies
  7.7.3 Historic and Forecasted Market Size by Segments
  7.7.4 Historic and Forecasted Market Size By Type
   7.7.4.1 Baby Monitor
   7.7.4.2 Pressure Ulcer
   7.7.4.3 Elderly Monitor (Fall Prevention)
   7.7.4.4 Sleep Monitor
  7.7.5 Historic and Forecasted Market Size By End User
   7.7.5.1 Homecare settings
   7.7.5.2 Hospitals
   7.7.5.3 Nursing homes
   7.7.5.4 Assisted living facilities
  7.7.6 Historic and Forecast Market Size by Country
   7.7.6.1 Brazil
   7.7.6.2 Argentina
   7.7.6.3 Rest of SA

Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies

Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research