Overview and Scope
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.
Sizing and Forecast
The mortuary equipment market size has grown strongly in recent years. It will grow from <b>$1.05 billion in 2023 to $1.14 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. </b> The growth in the historic period can be attributed to healthcare infrastructure, population growth, funeral industry, regulatory compliance, natural disasters.
The mortuary equipment market size is expected to see rapid growth in the next few years. It will grow to <b>$1.67 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. </b> The growth in the forecast period can be attributed to aging population, military and law enforcement, cremation services, cultural diversity, pandemic preparedness. Major trends in the forecast period include green burial practices, digital records and management, remote autopsies, sustainable practices, smart mortuary equipment.
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Segmentation & Regional Insights
The 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
<b>North America</b> was the largest region in the mortuary equipment market in 2023. <b>Asia-Pacific</b> is 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.
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Major Driver Impacting Market Growth
The increase in 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 the Centres for Disease Control and Prevention, a US-based national public health agency, the age-adjusted death rate in the United States increased by 5.3% from 835.4 deaths per 100,000 standard population in 2020 to 879.7 in 2021. Age-adjusted death rates increased for 8 of the 10 leading causes of death and decreased for 2 . Therefore, the increasing mortality rates drive the growth of the mortuary equipment market.
Key Industry Players
Major companies operating in the mortuary equipment market include <b> 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. </b>
The mortuary equipment market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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