Global Mortuary Equipment market overview 2024, Forecast To 2033
6 Feb, 2024
The mortuary equipment market has exhibited strong growth, progressing from $1.05 billion in 2023 to $1.14 billion in 2024, indicating a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period is attributed to healthcare infrastructure, population growth, the funeral industry, regulatory compliance, and natural disasters. Envisaging rapid growth in the next few years, the market size is expected to reach $1.67 billion in 2028, supported by an expected CAGR of 10.1%. This growth in the forecast period is linked to the aging population, military and law enforcement, cremation services, cultural diversity, and pandemic preparedness. Major trends in the forecast period include green burial practices, digital records and management, remote autopsies, sustainable practices, and smart mortuary equipment.
Global Mortuary Equipment Market Key Driver
The mortuary equipment market is poised for growth with the increase in mortality rates, as measured by the death rate. The demand for mortuary equipment, including body bags and autopsy tables, rises alongside the mortality rate. In the United States, the age-adjusted death rate increased by 5.3% from 2020 to 2021, reaching 879.7 deaths per 100,000 standard population, according to the Centres for Disease Control and Prevention. The mortality-driven demand for mortuary equipment is expected to propel the growth of the mortuary equipment market, with projected market sizes in 2023, 2024, and 2028.
Get A Free Sample Of The Global Mortuary Equipment Market ReportGlobal Mortuary Equipment Market Segments
The global mortuary equipment market covered in this report is segmented –
1) By Product Type: Refrigerators And Freezers, Autopsy And Dissection Tables, Cadaver Lifts, Cadaver Trolleys, Other Types
2) By Application: Manual, Automated
3) By End User: Hospitals, Academic Institutions, Research Organizations, Forensic Laboratories, Other End-Users
By Geography: The regions covered in the Mortuary Equipment market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
North Americawas the largest region in the mortuary equipment market in 2023. Asia-Pacificis expected to be the fastest-growing region in the forecast period. The regions covered in the mortuary equipment market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major Mortuary Equipment Industry Players
Ferno-Washington Inc., Flexmort, LEEC Limited, Mortech Manufacturing Company Inc., Kugel Medical GmbH & Co. KG, EIHF Isofroid, Hygeco, S.M. Scientific Instruments Pvt. Ltd., Mopec Inc., Barber of Sheffield Ltd., C.F. di Ciro Fiocchetti & C. s.n.c., Mortuary Lift Company, Funeralia GmbH, Span Surgical Co., Thalheimer Kühlung GmbH & Co. KG, Roftek Ltd., Thermo Fisher Scientific Inc., Hickey & Co., SOVA Motion, Shandon Inc., Mortuary & Cemetery Supply Co., Jiangsu Saikang Medical Equipment Co. Ltd., American Crematory Equipment Co., B&L Cremation Systems Inc., C.F. Weber Co. Inc., Coldspring, Crescent Memorial, Custom Air Trays, DFW Europe, Eckels, Funeral Source One, GEM Scientific Inc.
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Mortuary Equipment Market Overview
Mortuary equipment includes instruments and materials used in morgues and mortuaries to preserve dead bodies until they are transferred to a cemetery or funeral home, as well as cadavers for study and education.
Mortuary Equipment Global Market Report 2023 provides data on the global mortuary equipment market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The mortuary equipment market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.