Smart Bed Global Market Report 2023 – By Type (Manual, Semi-Automatic, Automatic), By Application (Healthcare, Hospitality, Residential, Other Applications), By Sales Channel (Supermarket/Hypermarket, Online Stores, Specialty Stores, Other Sales Channels) – Market Size, Trends, And Global Forecast 2023-2032

The bed monitoring system & baby monitoring system are used for tracking the activities of babies. These systems use various sensors to track the activities of the patients and the babies and notify the caregivers or parents if there is any deviation in their normal behaviour to make sure to check on them in case of an emergency. A sensor is designed to be placed under the mattress of a bed, near the bed frame, and is completely sealed against contamination, eliminating the need to discard the sensor after a patient is discharged. Ribbon switches are placed between stiff Plexiglas plates in the assembly of the sensor. The main types of bed monitoring system & baby monitoring system include bedsore monitoring solutions, baby monitoring solutions, elderly monitoring solutions, and sleep monitoring solutions. The bedsore monitoring solutions are used to monitor the areas suffering pressure sores or bed sores. When the skin and soft tissue are pressed against a harder surface for an extended period of time, such as a bed or chair, a pressure ulcer can form. The different end-users include homecare settings, hospitals, nursing homes, and assisted living facilities. The global bed monitoring system and baby monitoring system market is segmented - 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 The global bed monitoring system & baby monitoring system market size grew from $1.65 billion in 2022 to $1.8 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the bed monitoring system & baby monitoring system is expected to grow to $2.49 billion in 2027 at a CAGR of 8.5%. The growing investment in healthcare infrastructural development is expected to propel the growth of the bed monitoring system & baby monitoring system market going forward. Governments across the globe are launching several hospital infrastructure investment initiatives to boost healthcare development in impoverished areas, which would create the demand for bed monitoring systems and baby monitoring systems. For instance, according to the Commonwealth Fund Commission of the United States, the US government introduced the Build Back Better Act (BBBA), which would invest more than $2 billion in basic public health infrastructure and increase the ability of the healthcare system to respond to infectious and chronic diseases and environmental threats. The BBBA is expected to include $100 million in 2022, $150 million in 2023, and $500 million in 2024–2026 for public health efforts at the Centers for Disease Control and Prevention (CDC). Therefore, the growing investment in healthcare infrastructural development is driving the bed monitoring system & baby monitoring system market growth. Major players in the bed monitoring system & baby monitoring system market are Wellsens Inc., XSENSOR Technology Corporation, SensorCare Systems Ltd., Smart Caregiver Corporation, Eight Sleep, Infant Optics, Lenovo Group Limited, Philips Koninklijke Philips N.V., VTech Communications, Inc., Nanit, iBaby Labs, Withings, Hisense Ltd., Motorola Mobility LLC, and Capsule Technologies Inc. Technological advancements have emerged as the key trend gaining popularity in the bed monitoring system & baby monitoring system market. Major companies operating in the bed monitoring system and baby monitoring system sector are focused on introducing technological innovations to reinforce their positions. For instance, in August 2023, Dozee and Midmark India launched India’s first connected bed platform for automating patient monitoring in hospital beds. The new offering is very helpful for monitoring beds in HDU, step down ICUs, and non-ICU wards. It is powered by cloud and artificial intelligence technology and uses next generation sensors to monitor the patient In February 2021, Hill-Rom Holdings Inc., a US-based medical technology provider, acquired contact-free continuous monitoring technology from EarlySense for $30 million. Through this acquisition, Hillrom's commitment to establishing a differentiated suite of connected solutions to improve patient outcomes is underscored which is not expected to have a meaningful impact on the company's financial guidance. EarlySense is an Israel-based medical device company operating in baby monitoring systems. North America was the largest region in the bed monitoring system and baby monitoring system market in 2022. 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. The bed monitoring system & baby monitoring system market research report is one of a series of new reports from The Business Research Company 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 intensive care unit (ICU) is a specialized ward of a hospital that provides special medical attention to patients who require critical medical care. The main types of ICU beds on the market are electric beds, semi-electric beds, and manual beds. Electric ICU beds are controlled by a handset or control panel, rather than by medical personnel manually repositioning the bed. The various applications include pediatric intensive care unit, neonatal intensive care unit, psychiatric intensive care unit, cardiac intensive care unit, neurological intensive care unit, trauma intensive care unit, post-operative recovery unit, surgical intensive care unit, and mobile intensive care unit that are used by general and acute care hospitals, specialized hospitals, multi-specialty hospitals, ambulatory surgery centers (ASC), and others. The global ICU beds market is segmented - 1) By Type: Electric Beds, Semi-Electric Beds, Manual Beds 2) By Application: Pediatric Intensive Care Unit, Neonatal Intensive Care Unit, Psychiatric Intensive Care Unit, Cardiac Intensive Care Unit, Neurological Intensive Care Unit, Trauma Intensive Care Unit, Post-Operative Recovery Unit, Surgical Intensive Care Unit, Mobile Intensive Care Unit 3) By End Use: General And Acute Care Hospitals, Specialized Hospitals, Multi-Specialty Hospitals, Ambulatory Surgery Centres (ASC), Other End Uses The global icu beds market will grow from $1.89 billion in 2022 to $2.01 billion in 2023 at a compound annual growth rate (CAGR) of 6.3% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global icu beds market is expected to grow to $2.62 billion in 2027 at a CAGR of 6.9% . The market for ICU beds is experiencing exponential growth. Increasing COVID-19 cases across the globe pressurizing governments of emerging and developed countries to increase their intensive care capacities. Public health systems releasing funds to procure the needed hospital infrastructure, with ICU beds being one of the important requirements. Major players in the ICU beds market are Invacare Corporation, Paramount Bed Holdings Co. Ltd., Medline Industries Inc., Stiegelmeyer GmBH & Co. KG, Gendron Inc., LINET Group SE, Joerns Healthcare LLC., Span-America Medical Systems Inc., Malvestio S.P.A., and Merivaara Corp . The frequent outbreaks of pandemic diseases such as Influenza, Ebola, and the recent COVID-19, has put enormous pressure on healthcare authorities and health services to draft and discuss preparedness plans that includes the increase in number of ICU beds, to accommodate critically ill patients. During pandemics, most patients require ICU admission and this drives the market for ICU beds. Even in most well-developed countries, ICU beds are often close to capacity during such out-breaks. In United States, there are an estimated 34.2 ICU beds per 10,000 people, yet there is a surge in demand during recent COVID-19 pandemic. In Italy, there are about 12.5 ICU beds per 10,000 people. Due to the recent outbreak, with the rate of increase in the number of patients in intensive care with COVID-19, the demand for number of ICU beds continues to change. In China and India, it is only 3.6 and 2.3 beds per 10,000 people respectively, and the demand in such developing countries is huge. Patients with severe COVID-19 disease require approximately 14 days of respiratory support in ICU. Such lengthy treatment time will further stress resources. Therefore, the frequent outbreaks of pandemics are expected to drive the market for ICU beds. Critical care is often described as expensive care that includes high cost of resources. In United States, although ICU beds comprise less than 10% of hospital beds, ICU departments consume 22% of total hospital costs. ICU beds tend to cost threefold higher than a bed in a general ward. ICU beds cost between $25,000 and $30,000, significantly more than other medical/surgical beds, which typically cost $5,000 to $10,000 a bed. Bariatric beds are even more expensive, which are nearly about $35,000 to $40,000 each. The escalating demand for critical care services put financial strain on both health care systems, and also on patients who pay completely or partially out-of-pockets for these services. Therefore, high prices of ICU beds are challenging the growth of this market. The launch of smart beds is the key trend gaining popularity in the ICU beds market. Smart beds help to automate and digitalize patient monitoring, improving overall efficiency. The smart beds are designed to facilitate the patient’s movement and help them regain normal movement faster, with the presence of monitoring systems. For example, in August 2022, Dozee, an India based medical equipment manufacturer, partnered with Midmark India, an India based hospital bed manufacturers, and launched a connected bed platform for non-ICU settings. Dozee's sensor-based technology uses artificial intelligence (AI) to track vital parameters of the patient. North America was the largest region in the ICU beds market in 2022. Western Europe was the second largest region in the global ICU beds market share. The regions covered in the global Intensive Care Unit (ICU) Beds market report analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the ICU beds market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The Intensive Care Unit (ICU) Beds market consists of sales of gatch beds, low air loss beds, motor powered beds, and collapsible hospital beds. 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. The ICU beds market research report is one of a series of new reports from The Business Research Company that provides ICU beds market statistics, including ICU beds industry global market size, regional shares, competitors with a ICU beds market share, detailed ICU beds market segments, market trends and opportunities, and any further data you may need to thrive in the ICU beds industry. This ICU beds 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.

Home bedding refers to a flat or fitted bed sheet that covers the mattress and is typically included with a bedding set to provide aesthetic appeal and comfort for people living in homes. Home beddings are washable materials that are placed above the bed for comfort, beauty, warmth, and hygiene. Home beddings are also known as bedclothes or bed linen. The main types of home bedding are mattress, bed linen, pillows, blankets, and others. The mattress is a big cushion for supporting the reclining body, used as or on a bed, and comprised of a quilted or similarly secured case, usually of thick cloth, stuffed with cotton, foam rubber, and other materials. The various applications of home bedding are personal, hotel, and others. Home bedding products are mainly distributed through online and offline channels. The global home bedding market is segmented - 1) By Type: Mattress, Bed Linen, Pillows, Blankets, Other Types 2) By Distribution: Offline, Online 3) By Application: Personal, Hotel, Other Applications The global home bedding market size grew from $78.84 billion in 2022 to $85.65 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The home bedding market size is expected to grow to $119.12 billion in 2027 at a CAGR of 8.6%. The increase in consumer expenditure on home furnishing is significantly driving the growth of the home bedding market. Since home furnishing enhances the décor, comfort, hygiene and warmth of the house, consumers are increasing their spending on home furnishings to provide a more sophisticated and hygienic appearance of their houses. As per Mastercard's SpendingPulse report published in February 2021, the home furniture and furnishings categories have seen the most recent growth compared to other sectors. The report further delineates that in comparison to 2019 sales, the home furniture and furnishings category had the most gain, with total spending up by 16.2%. Additionally, the home furnishings category grew 31% online, and the home improvement segment was also up by 14.1%. Therefore, the increasing consumer expenditure on home furnishing is expected to propel the growth of the home bedding market going forward. Major players in the home bedding market are American Textile Company, Beaumont & Brown Ltd., Boll & Branch, Westpoint Home, Pacific Coast Feather Company, Hollander Sleep Products, Portico, Crane and Canopy, Bombay Dyeing, Serta Simmons Bedding, Frette, Beaumont & Brown Ltd., Peacock Alley, SFERRA, DOWNLITE, SAMPEDRO, Bellino Fine Linens, D’décor, and Beaumont & Brown Ltd. Developing customizable mattresses and bed linens is a key trend gaining popularity in the home bedding market. Major companies operating in the home bedding sector are focused on developing customizable mattresses and bed linens to strengthen their position. For instance, in October 2021, Brooklyn Bedding, a US-based manufacturer of mattresses, introduced Brooklyn Custom, the industry's most customizable mattress, built to fit individual sleep needs. The Brooklyn Custom mattress is offered in three sizes: queen, king, and Cal king, and is made to order. Firmness, comfort, and top fabric are among the options available to buyers. In October 2021, Cerberus, a global leader in alternative investing based in the USA, acquired Brooklyn Bedding and Helix Sleep for an undisclosed amount and combined them to create a premier direct-to-consumer mattress platform. This acquisition provides combined skills and an extensive array of great services, better and more engaging mattress-buying experience. Helix is an innovative direct-to-consumer brand platform that operates a portfolio of sleep and home goods brands based in the United States. Brooklyn Bedding is an American mattress manufacturer with exclusive craftsmanship. Asia-Pacific was the largest region in the home bedding market in 2022. Asia-Pacific is also expected to be the fastest-growing region in the forecast period. The regions covered in the home bedding market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the home bedding market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The home bedding market consists of sales of rugs, sheets, duvets, quilts, and comforters, including fitted sheets, flat sheets, pillowcases, comforters, shams, quilts, and bed skirts. 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. The home bedding market research report is one of a series of new reports from The Business Research Company that provides home bedding market statistics, including home bedding industry global market size, regional shares, competitors with a home bedding market share, detailed home bedding market segments, market trends and opportunities, and any further data you may need to thrive in the home bedding industry. This home bedding 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.

Smart textiles refer to smart systems that can recognize and process the wearer's condition as well as perceive or transmit the environmental conditions. They can be found using a variety of detection methods, including magnetic, mechanical, chemical, electrical, and thermal. Smart textiles can detect changes in the environment and adapt and respond automatically to mechanical, chemical, magnetic, electrical, and thermal manipulations to protect the wearer from environmental risks. The main types of products in smart textiles are passive, active, and ultra-smart. Passive smart textiles are first-generation electronics textiles materials or systems that contain only sensors that can only sense the stimuli and changes in environmental conditions. The different functions include energy harvesting, sensing, thermoelectricity, luminescent, and others and are used in various areas such as fashion and entertainment, sports and fitness, medical, transportation, protection and military, and architecture. The global smart textiles market is segmented – 1) By Type: Passive, Active, Ultra-Smart 2) By Function: Energy Harvesting, Sensing, Thermoelectricity, Luminescent, Other Functions 3) By End-User: Fashion And Entertainment, Sports And Fitness, Medical, Transportation, Protection And Military, Architecture, Other End-Users The global smart textiles market size grew from $3.41 billion in 2022 to $4.53 billion in 2023 at a compound annual growth rate (CAGR) of 32.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of smart textiles is expected to grow to $12.01 billion in 2027 at a CAGR of 27.6%. Surging demand for smart wearable devices is expected to propel the growth of the smart textiles market going forward. Smart wearable devices are electronic devices powered by microprocessors that are integrated into clothing, worn as accessories, and implanted in the body to send and receive data via the internet. Smart wearable devices include smart jackets, smart glasses, smart shirts, smart jewelry, smart watches, and others. There is a surge in demand for smart wearable devices as they provide real-time information on users’ well-being and are the future of portable energy systems, high-tech sportswear, health monitoring systems, workwear, and military camouflages. For instance, according to Cisco Systems, a US-based networking hardware company, the number of connected wearable devices is expected to reach 1,105 million by 2022, up from 593 million in 2021. Therefore, the surging demand for smart wearable devices is promoting the growth of the smart textiles market. Major players in the smart textiles market are DuPont, AiQ Smart Clothing, Interactive Wear AG, SchoellerTextil AG, Sensoria Inc., Adidas AG, Outlast Technologies LLC, Ohmatex, Vista Medical Ltd., Google Inc., Noble Biomaterials, Koninklijke Ten Cate BV, DiPole Materials, Thermosoft International Corporation, and Chronolife. Technological advancements are shaping the smart textiles market. Major companies operating in the smart textiles sector are focused on developing advanced technological solutions for smart textiles to strengthen their position in the market. For instance, in May 2021, Nextiles, Inc., a US-based technology company specializing in the development of smart technologies for human fabrics, launched smart fabric based on smart thread technology. This technology is a low-power wireless radio protocol for the smart home that enables direct communication between devices. These smart fabrics can capture real-time streaming of biometric and biomechanical data over Bluetooth to monitor force, bending, stretching, velocity, and pressure due to human activities. In February 2021, DuPont, a US-based technology company, acquired Tex Tech’s Core Matrix Technology for an undisclosed amount. DuPont’s purchase of this globally recognized and unique Core Matrix Technology expands the firm’s existing extensive portfolio of life-saving solutions, allowing the most adaptable, lightweight ballistic solutions to meet new National Institute of Justice (NIJ) standards for increased durability. Tex Tech Industries is a US-based company that provides smart textiles. North America was the largest region in the smart textiles market in 2022. The regions covered in the smart textiles market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart textiles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart textiles market consists of sales in aesthetics, data processing, and smart fabrics. 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. The smart textiles market research report is one of a series of new reports from The Business Research Company that provides smart textiles market statistics, including smart textiles industry, global smart textiles market size, regional shares, competitors with a smart textiles market share, detailed smart textiles market segments, market trends and opportunities, and any further data you may need to thrive in the smart textiles industry. This smart textiles market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Smart pills are used to deliver medication and are equipped with electronic sensors that emit signals to be captured by patches or smartphones when they are swallowed. These pills ensure drug regimen compliance and help track medication adherence of patients. The main applications of smart pills are capsule endoscopy, patient monitoring, and drug delivery, patient monitoring involves the repeated or continuous observations or measurements of the patient parameters. These pills are used to target the esophagus, stomach, small intestine, and large intestine to treat diseases such as esophageal diseases, colon diseases, small bowel diseases, and others. Smart pills are used by various end-users such as hospitals, diagnostic centres, and research institutes. The global smart pills market is segmented - 1) By Application: Capsule Endoscopy, Patient Monitoring, Drug Delivery 2) By End User: Hospital, Diagnostic Center, Research Institute 3) By Target Area: Esophagus, Stomach, Small Intestine, Large Intestine 4) By Disease Indication: Esophageal Diseases, Colon Diseases, Small bowel Diseases, and Other Disease Indications The global smart pills market size will grow from $4.48 billion in 2022 to $4.98 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global smart pills market size is expected to grow to $7.61 billion in 2027 at a CAGR of 11.2%. The growing preference for non-invasive procedures is driving the smart pills market. The non-invasive procedures are diagnostic and treatment procedures that do not require an incision on the body or removal of tissues for the treatment or diagnosis. Smart pill is a wireless, ingestible capsule that can be easily swallowed and has a wide range of applications in capsule endoscopy, drug delivery, and patient monitoring. For instance, smart pills have key applications in diagnostic imaging such as capsule endoscopy. The capsule endoscopy is a diagnostic procedure in which a smart pill (capsule enclosed micro-camera) is swallowed and images of the esophagus, stomach, and small intestine can be taken as the device pass through your gastrointestinal (GI) tract. Smart pills have revolutionized the diagnosis of gastrointestinal disorders and could replace conventional diagnostic techniques such as endoscopy. Therefore, non-invasive procedures are driving the smart pills market during the period. Major players in the smart pills market are Medtronic PLC., Olympus Medical Technology, CapsoVision, Inc., Novartis AG, Proteus Pharmaceuticals, Philips Healthcare, Microchips, Bio-Images Drug Delivery (BDD) Limited, Given Imaging, Inc., and Vitality. The high cost of smart pills associated with technological advancement will act as a restraint to the market growth. The utilization of advanced technologies including software up-gradation and innovative systems, and the integration of microchips contribute to the high manufacturing costs of the smart pills. Smart pills are a combination of drug and device technology. A smart pill is an innovative method of drug delivery, which involves the use of sensors and cameras embedded into tiny edible devices. Such medical devices ensure better diagnostics, monitoring, and treatment of life-threatening medical conditions by allowing doctors to monitor their patients’ body functions in real-time. However, the high cost of smart pills led to the limited utilization of products in underdeveloped countries. Thus, the high cost is considered as one of the factors that restrain the small pills market growth. Extensive research and development are being carried out on the use of miniature chips such as Addressable Transmitters Operated as Magnetic Spins (ATOMS) which can be used as smart pills. ATOMS are silicon chip devices that use the principle of magnetic resonance imaging (MRI) to determine the location of atoms in a patient’s body using magnetic fields. ATOMS can be used in ingestible smart pills to diagnose and treat diseases from within the body. The devices can be used to monitor a patient’s gastrointestinal tract, blood, or brain. They also could measure factors that indicate the health of a patient such as pH, temperature, pressure, and sugar concentrations, and relay that information to doctors. The devices could even be instructed to release drugs. For instance, scientists at Caltech (California Institute of Technology) have developed a miniature medical chip that can be used as a smart pill. North America was the largest region in the smart pills market in 2022. Western Europe was the second-largest region in the global smart pills market analysis. The regions covered in the global smart pills market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the smart pills market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The smart pills market consists of sales of instruments that are used in applications such as capsule endoscopy, drug delivery, and patient monitoring. 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. The smart pills market research report is one of a series of new reports from The Business Research Company that provides smart pills market statistics, including smart pills industry global market size, regional shares, competitors with a smart pills market share, detailed smart pills market segments, market trends and opportunities, and any further data you may need to thrive in the smart pills industry. This smart pills 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.

A smart robot is a computerized reasoning (AI) device that is capable of observing its environment and context and producing its skills in the light of the comprehensive learning process. Smart robots are used for research, manufacturing and even human applications. The main types of smart robots are professional service robots, personal service robots, and collaborative robots. A professional service robot is a smart robot used for commercial tasks. These include cleaning robots for public places, delivery robots in offices or hospitals, fire-fighting robots, rehabilitation robots and surgery robots in hospitals. A personal service robot is a smart robot that is used for a non-commercial task, and these include domestic servant robots, automated wheelchairs, personal mobility assist robots and pet exercising robots. Smart robots are used in manufacturing, healthcare, defence, energy and utility, and other industries. The global smart robots market is segmented – 1) By Component: Hardware, Software, Services 2) By Product: Professional Service Robots, Personal Service Robots, Collaborative Robots 3) By End-User: Industrial, Residential, Commercial 4) By Application: Manufacturing, Healthcare, Defense, Energy and Utility, Other Applications The global smart robots market size grew from $10.93 billion in 2022 to $13.79 billion in 2023 at a compound annual growth rate (CAGR) of 26.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of smart robots is expected to grow to $35.14 billion in 2027 at a CAGR of 26.3%. The increasing penetration of smart robots in industries is predicted to boost the growth of the smart robot market over the coming years. Smart robots are a mix of advanced technology and efficient hardware that uses smart sensor technology (such as ultrasonic, light and touch sensors) to communicate with the physical world surrounding them. In Industry 4.0, modern robots are employed in production operations that often work around the clock without human supervision. According to the recent World Robotics 2020 report by the International Federation of Robotics (IFR), revealed that around 2.7 million industrial robots are working in industries across the globe, a rise of 12%. Furthermore, in June 2021, according to the figures from the International Federation of Robotics (IFR), a Germany-based non-profit organisation, Europe experienced double-digit growth of 15%, with 78,000 units installation of robots. Therefore, the increasing penetration of smart robots in industries drives the growth of the smart robots market. Major players in the smart robots market are iRobot, SoftBank Robotics Group, ABB, KUKA, FANUC, Hanson Robotics, Yaskawa Electric Corporation, Rethink Robotics, Blue Frog Robotics, Universal Robots, DeLaval, Intuitive Surgical, Aethon, Samsung Electronics, GeckoSystems, Honda Motor Company Ltd., Omron Adept Technologies, Inc., GreyOrange pte Ltd., Kongsberg Maritime, ECA GROUP, Neato robotics, Bluefin Robotics, Puresight Systems Pvt. Ltd., AIBRAIN Inc., Brain Corporation, Cyberdyne Inc., Epson America Inc., Lely, OTC Daihen Inc., and F&P Personal Robotics. Smart robots are now used in various applications including agriculture and this is a key trend gaining popularity in the smart robots market. Companies operating in the smart robots market are focusing on developing smart robots that can be used in agriculture. For instance, in 2020, Farmwise, a US-based robotics company, is creating autonomous agricultural robots to provide farmers with higher yields, more income, and a healthier climate. The company begins with an advanced weeding robot that can collect weeds from farms efficiently, reducing or removing the necessity for chemical pesticides. According to FarmWise, the robots have effectively eliminated weeds from more than 10 million plants. In April 2021, Hitachi Ltd., a Japan-based conglomerate corporation, acquired 96% shares of Kyoto Robotics Corporation for an undisclosed amount. With the acquisition of Kyoto Robotics, Hitachi could deliver one-stop and rapid robotic system integration for a whole automated line in logistics and factory automation. Kyoto Robotics Corporation is a Japan-based manufacturer of intelligent robotic systems, 3D vision systems, control systems. North America was the largest region in the smart robots market in 2022. Asia Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the smart robots market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the smart robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart robots market consists of sales of sensors, actuators, power sources. 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. The smart robots market research report is one of a series of new reports from The Business Research Company that provides smart robots market statistics, including smart robots industry, global smart robots market size, regional shares, competitors with a smart robots market share, detailed smart robots market segments, market trends and opportunities, and any further data you may need to thrive in the smart robots industry. This smart robots 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.

Smart diapers refer to the use of sensors in diapers that are connected to mobile applications and allow for the effective care of infants and the elderly, in which the sensors in the diapers warn the user as soon as they detect a leak. Smart diapers are integrated with sensors which sense wetness in the baby's diaper and transmit a signal to a nearby receiver, which subsequently sends an alert to the parent or caregiver. The main product types in smart diapers are babies and adults. Adult diapers are designed to help people who are elderly and have daily issues, such as dementia, urinary/faecal incontinence, diarrhoea, or mobility limitation. The different applications include universal care, community care, and clinical care and are distributed through various channels such as online and retail. The global smart diapers market is segmented – 1) By Product Type: Babies, Adults 2) By Application: Universal Care, Community Care, Clinical Care 3) By Distribution Channel: Online, Retail The global smart diapers market size grew from $8.73 billion in 2022 to $9.41 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of smart diapers is expected to grow to $12.21 billion in 2027 at a CAGR of 6.7%. The increase in birth rates are expected to propel the growth of the smart diapers market going forward. The birth rate is defined as the number of live births per thousand people in a given year. Smart diapers help to identify certain health problems such as constipation, skin rashes, other allergies, and incontinence in children. According to Macotrends, a premier research platform, the United States' current birth rate in 2021 is 12.001 births per 1000 people, up 0.09% from 2020. Therefore, the high birth rates are driving the growth of the smart diapers market. Major players in the smart diapers market are Smartipants, Indiegogo Inc., Abena Holding A/S, Simativa, Opro9, MONIT CORP., SINOPULSAR, Pixie Scientific, ElderSens, Alphabet Verily, Fit Assist Medical Inc., Sensassure, and DigiSense. Technological advancements have emerged as the key trend gaining popularity in the smart diapers market. Smart diaper technology comprises wireless or Bluetooth-enabled moisture sensors affixed to the diaper's exterior, as well as hefty batteries to power long-range internet connections. For example, in February 2020, Massachusetts Institute of Technology researchers developed a smart diaper with RFID (radio frequency identification) technology that will notify caregivers when a diaper is wet. When the system senses moisture in the diaper, it transmits the signal to a nearby receiver, which could then send alerts to a smartphone or computer. The sensor's passive frequency identification (RFID) tag is hidden beneath a layer of highly absorbent polymer, a type of hydrogel commonly used to absorb moisture in diapers. In October 2020, Kimberly-Clark, a US-based producer of paper-based consumer products, acquired Softex Indonesia for a deal amount of $1.2 billion. With this acquisition, Kimberly aimed to produce even more long-term shareholder value and accelerate its growth in Southeast Asia. Softex Indonesia PT is an Indonesia-based company that manufactures sanitary paper products and smart diapers. North America was the largest region in the smart diapers market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart diapers market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the smart diapers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart diaper market consists of sales of Bluetooth sensors and radio-frequency identification. 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. The smart diapers market research report is one of a series of new reports from The Business Research Company that provides smart diapers market statistics, including smart diapers industry global market size, regional shares, competitors with a smart diapers market share, detailed smart diapers market segments, market trends and opportunities, and any further data you may need to thrive in the smart diapers industry. This smart diapers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Smart toys refer to intelligent and technologically advanced toys that have the ability to behave in accordance with predetermined patterns and can alter their behaviour in response to outside stimuli and are designed to configure and connect to the existing Internet, using a wireless network such as Wi-Fi or Bluetooth technology. The main types of smart toys include robots, interactive games, and educational robots. The robots includes smart robotic toys products that refers to a type of toy containing motors to interact intelligently with their environment. The robotic toy offers many educational opportunities which are very helpful to use for kids. A robot toy is basically a machine that can be designed to operate different tasks independently of a human, with many even demonstrating different personalities. The technologies used include Wi-Fi, bluetooth and other technologies (NFC and RFID) and are distributed by channels such as online market, speciality stores and toy shops. The various interfacing device include smartphone-connected toys, tablet-connected toys, console-connected toys and app-connected drones. Smart toys are used by toddlers, pre-schoolers, school-going and stripling. The global smart toys market is segmented – 1) By Technology: Wi-Fi, Bluetooth, Other Technologies (NFC And RFID) 2) By Distribution Channel: Online Market, Speciality Stores, Toy Shops 3) By Type: Robots, Interactive Games, Educational Robots 4) By Interfacing Device: Smartphone-Connected Toys, Tablet-Connected Toys, Console-Connected Toys, App-Connected Drones 5) By End User: Toddlers, Pre-Schoolers, School-Going, Stripling The global smart toys market size grew from $14.11 billion in 2022 to $16.65 billion in 2023 at a compound annual growth rate (CAGR) of 18.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of smart toys is expected to grow to $35.11 billion in 2027 at a CAGR of 20.5%. The increase in awareness of technology-led education in the smart toys market is expected to propel the growth of the smart toys market in the forecast period. Technology-led education refers to the integration of instructional technology into the learning environment of schools. This type of technology education will make learning fun and help children to learn more. Education value associated with such toys has increased participants to introduce more e-learning technologies with more advanced voice recognition features and hardware sensors that make the product more intelligent, interactive, and dynamic. E-learning is one of the biggest revolutions in the smart toys Industry. For instance, in the year 2021, according to think impact.com, an Australia-based non-profit organization, nearly 75% of schools are planning to operate online, 57% of all US students were equipped with digital tools, and 80% of schools have purchased or are preparing to purchase additional technology for students. An increase in awareness of technology-led education will help the children increase IQ and promote problem-solving skills. Thus due to an increase in technology-led education, there will be growth in the smart toys market. Major players in the smart toys market are KNEX Industries Inc., The Lego Group, Mattel Inc., Hasbro Inc., JAKKS Pacific Inc., Robofi LLC, Primo Toys, Leapfrog Enterprises Inc., Sega Toys Co. Ltd., Pillar Learning, Dream International, and Leapfrog Entertainment. Technological advancement is a key trend gaining popularity in the smart toys market. Major companies operating in the smart toys sector are focused on developing new technological solutions to strengthen their position. For instance, in September 2020, PlayShifu launched a new augmented reality (AR) globe Orboot Dinos. This new toy, when used with the supported app by using AR technology, will superimpose animals from the prehistoric world. The dinosaurs will come alive in 3D, by scanning the globe with the app. It will include games with 500+ incredible facts to interacting with the walking-talking dinosaurs. These technological innovations will help the smart toy market to grow faster. In October 2021, Goliath, a US-based manufacturer and distributor of toys and games, acquired Endless Games, for an undisclosed amount. With this acquisition, Goliath aims to fully integrate Endless Games into its distribution network by Q1 2022. Endless Games is a Turkey-based game development company. North America was the largest region in the smart toys market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart toys market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the smart toys market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The smart toys market consists of sales of intelligent toys, connected toys, gaming toys, construction toys, and creative toys.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. The smart toys market research report is one of a series of new reports from The Business Research Company that provides smart toys market statistics, including smart toys industry, regional shares, competitors with a smart toys market share, detailed smart toys market segments, market trends and opportunities, and any further data you may need to thrive in the smart toys industry. This smart toys 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.