The mortuary equipment market size is expected to see rapid growth in the next few years. It will grow to $1.67 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. 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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Scope Of Mortuary Equipment Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Mortuary Equipment Market Overview
Market Drivers –
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.
Market Trends –
Product innovation is a key trend gaining popularity in the mortuary equipment market. Product innovation made funeral planning more accessible and more flexible by providing eco-friendly burials, funeral service webcasting, online obituaries, and headstone technology. Key players are focusing on innovative products to lead the mortuary equipment market. For instance, in January 2021, Mopec, a US-based pathology, anatomy, mortuary, and necropsy equipment and supplies company, announced the launch of a new all-inclusive cold storage container system available to provide mortuaries, funeral homes, and healthcare organizations with increased decedent refrigeration capacity. This temporary and expandable system sits at ground level and comes with an attachable ramp for easier loading and unloading. Available in a 20-foot or 40-foot system, these containers can handle 16 to 50 bodies at max capacity.
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
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Regional Insights –
North America was the largest region in the mortuary equipment market in 2023. Asia-Pacific 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.
Key Companies –
Major companies operating in 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.
Table of Contents
1. Executive Summary
2. Mortuary Equipment Market Report Structure
3. Mortuary Equipment Market Trends And Strategies
4. Mortuary Equipment Market – Macro Economic Scenario
5. Mortuary Equipment Market Size And Growth
…..
27. Mortuary Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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