Mortuary Equipment Market Size, Analysis, Global Industry Growth and Overview 2027
- celina redden
- Sep 12, 2021
- 2 min read
Mortuary Equipment Market: Information by Product Type (Refrigeration Units, Autopsy Platforms, Dissection Tables, Cadaver Lifts & Trolleys, Embalming Workstations and others), End User (Hospitals, Academic Institutes and Research Organizations, Forensic Laboratories and others) and Region - Forecast till 2027
Mortuary Equipment Market Overview
The Mortuary Equipment Market is expected to register a CAGR of 6.48% to reach USD 1,282.81 Million by 2024. Mortuaries are places where dead bodies are preserved and stored for performing autopsies or for educational and research purposes. Various equipment is used in mortuaries for preservation and for storing the cadavers for research and education
Mortuary equipment is a growing market in Asia Pacific, where awareness regarding mortuaries is relatively low. This is likely to be a major driver for the mortuary equipment market over the forecast period, as there is significant unmet potential in the market. Growing awareness about mortuaries and the increasing state expenditure to make mortuaries more technologically updated and modern are likely to be major drivers for the global mortuary equipment market over the forecast period.
Competitive Analysis:
Flexmort, Funeralia GmbH, EIHF Isofroid, Barber of Sheffield, Ferno-Washington Inc., Mopec Inc., Mortech Manufacturing Company Inc., HYGECO, Thermo Fisher Scientific, SM Scientific Instruments Pvt. Ltd., KUGEL Medical GmbH & Co. KG, and LEEC Limited.
Segmentation:
The global Mortuary Equipment Market is segmented by product type, end use, and region.
By product type, the global mortuary equipment market is segmented into refrigeration units, embalming workstations, dissection tables, autopsy platforms, cadaver lifts and trolleys, and others. The refrigeration units segment accounted for the largest share of USD 231.4 million in 2018 and is likely to remain the leading revenue generator over the forecast period.
By end use, the global mortuary equipment market is segmented into hospitals, academic institutes and research organizations, forensic laboratories, and others.
Regional Analysis:
The Americas is likely to remain the leading revenue generator in the global mortuary equipment market over the forecast period, followed by Europe and Asia Pacific. Widespread awareness about mortuary technology and equipment and the growing government assistance to the healthcare sector are likely to be the major drivers for the mortuary equipment market in the Americas over the forecast period. The growing geriatric population is also likely to drive the mortuary equipment market in the Americas, as the death rate is likely to rise in the coming years.
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Asia Pacific is likely to be an important regional market for mortuary equipment, due to the massive unmet demand in regions such as China and South Korea. Japan, China, South Korea, India, and Australia are the leading regional markets within the Asia Pacific mortuary equipment market and are likely to represent the strongest growth prospects over the forecast period due to the growing scope for the growth of the healthcare sector in the region. Increasing awareness about mortuaries has also led to a growing demand for mortuary equipment in Asia Pacific and is likely to remain a key driver over the forecast period.
The Middle East and Africa is also likely to be a key market for the global mortuary equipment market due to the growing demand in leading economies such as Egypt, South Africa, Algeria, the UAE, and Saudi Arabia.
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