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How Global Mortuary Equipment Market Players Should Strategize For 2022-2031

16 Sep, 2022

The global mortuary equipment market size is expected to grow from $0.88 billion in 2021 to $0.95 billion in 2022 at a compound annual growth rate (CAGR) of 7.8%. The global mortuary equipment market size is expected to grow to $1.25 billion in 2026 at a CAGR of 7.0%.

What is the Global Mortuary Equipment Market?

The mortuary equipment market consists of sales of mortuary equipment by entities (organizations, sole traders, and partnerships) that are used for the preservation, moving, and storage of deceased bodies. 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.

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What drives the Global Mortuary Equipment Market?

The increasing mortality rates are expected to propel the growth of the mortuary equipment market going forward. The mortality rate, commonly known as the death rate, is a measure of the number of deaths in a certain location or period. As the death rate rises, so does the demand for mortuary equipment such as body bags, mortuary stretchers, lifting carts, mortuary washing units, and autopsy tables, which are used to preserve and store deceased people also increases. For instance, according to a Centers for Disease Control and Prevention report, the 2020 death rate in the United States climbed 15.9% from 2019 to 2020, from 715.2 deaths per 100,000 individuals to 828.7 deaths per 100,000 individuals. Therefore, the increasing mortality rates drive the growth of the mortuary equipment market.

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Global Mortuary Equipment Market Segments
The global mortuary equipment market is segmented:
By Product Type: Refrigerators and Freezers, Autopsy and Dissection Tables, Cadaver Lifts, Cadaver Trolleys, Others
By Application: Manual, Automated
By End-User: Hospitals, Academic Institutions, Research Organizations, Forensic Laboratories, Others
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.

Mortuary Equipment Global Market Report 2022provides market size and growth forecasts for the global mortuary equipment market, global mortuary equipment market share, mortuary equipment market segments and geographies, mortuary equipment market competitive landscape including leading competitors’ revenues, profiles and market shares. The mortuary equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Mortuary Equipment Industry Playersinclude Ferno-Washington Inc., Flexmort, LEEC Limited, Mortech Manufacturing Inc., Kugel Medical GmbH & Co. KG, EIHF Isofroid, Hygeco, S.M. Scientific Instruments Pvt. Ltd., Mopec Inc., Barber of Sheffield, C.F. di Ciro Fiocchetti & C. s.n.c., Mortuary Lift Company, Funeralia GmbH, Span Surgical Co., and Thalheimer Kühlung GmbH & Co. KG. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.