The Mortuary Equipment Market has witnessed substantial growth in recent years. From $1.11 billion in 2024, the market is projected to reach $1.2 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. This growth in the historic period is largely due to factors like healthcare infrastructure development, population growth, funeral industry expansion, regulatory compliance, and natural disasters.
Furthermore, the Mortuary Equipment Market is expected to gain further momentum in the future. The market size is expected to surge to $1.86 billion in 2029 at a compound annual growth rate (CAGR) of 11.7%. The projected growth in the forecast period can be attributed to factors such as the aging population, military and law enforcement needs, increase in cremation services, cultural diversity, and pandemic preparedness. Major trends influencing this growth include advancements in green burial practices, digital records management, remote autopsies, sustainable practices, and smart mortuary equipment.
Get Your Free Sample of The Global Mortuary Equipment Market Report Here: https://www.thebusinessresearchcompany.com/sample.aspx?id=6047&type=smp
What Are the Key Drivers of the Mortuary Equipment Market?
The increase in mortality rates is a significant driving force behind the growth of the Mortuary Equipment Market. As the death rate rises, so does the demand for mortuary equipment like body bags, mortuary stretchers, lifting carts, mortuary washing units, and autopsy tables, which are used to preserve and store deceased individuals. Studies conducted by the American Cancer Society indicate that in the US alone, over 1,670 fatalities are expected daily due to cancer in 2022 alone, demonstrating the potent influence of increasing mortality rates on the market growth.
What Are the Major Segments in the Mortuary Equipment Market?
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
Order your report now for swift delivery:
https://www.thebusinessresearchcompany.com/report/mortuary-equipment-global-market-report
Who Are the Major Players in the Mortuary Equipment Market?
Key players shaping the Mortuary Equipment Market include 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.
What Are the Emerging Trends in the Mortuary Equipment Market?
Major companies operating in the Mortuary Equipment Market are forming strategic partnerships to offer innovative funeral insurance products. For instance, in April 2023, Letshego Lesotho in collaboration with the Alliance Insurance Company introduced the affordable ‘Sekhele Funeral Plan’ in Lesotho, underlining the increasing appeal of innovative funeral insurance services.
How Is the Regional Analysis of the Mortuary Equipment Market?
North America proved to be the largest region in the Mortuary Equipment Market in 2024, whereas the Asia-Pacific region is expected to be the fastest-growing during the forecast period. Other regions covered in the report include Western Europe, Eastern Europe, South America, the Middle East, and Africa.
What Does The Mortuary Equipment Market Report 2025 Offer?
Mortuary equipment is essential for the respectful handling and preparation of deceased individuals. It includes specialized tools and devices like embalming tables, refrigeration units for body preservation, and body bags for transportation. The Mortuary Equipment Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the exclusive report now to unlock valuable market insights: https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6047
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Read Related Topics:
https://goodprnews.com/vertical-lift-module-market-trends/
https://goodprnews.com/viral-inactivation-market-trends/
https://goodprnews.com/whole-exome-sequencing-market-trends/
https://goodprnews.com/steel-wire-rope-and-plastic-rope-market-trends/
https://goodprnews.com/telecom-operations-management-market-trends/
https://goodprnews.com/unmanned-surface-vehicle-usv-market-share/
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
