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New Study from StrategyR Highlights a $1 8 Billion Global Market for Bed Monitoring Systems and Baby Monitoring Systems by 2026

New Study from StrategyR Highlights a $1 8 Billion Global Market for Bed Monitoring Systems and Baby Monitoring Systems by 2026

New Study from StrategyR Highlights a $1 8 Billion Global Market for Bed Monitoring Systems and Baby Monitoring Systems by 2026

Global Bed Monitoring System and Baby Monitoring System Industry (2020 to 2027)

Share this article Share this article ResearchAndMarkets.com s offering. Amid the COVID-19 crisis, the global market for Bed Monitoring System and Baby Monitoring System estimated at US$ 1.4 Billion in the year 2020, is projected to reach a revised size of US$ 2.1 Billion by 2027, growing at a CAGR of 6.7% over the analysis period 2020-2027. Baby Monitoring, one of the segments analyzed in the report, is projected to record a 6.7% CAGR and reach US$ 910.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Elderly Monitoring segment is readjusted to a revised 6.8% CAGR for the next 7-year period.

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