Mortuary Equipment Market Will Reach USD 1,656.1 Million to success Revenue to Cross 6.6% in 2022 to 2030
The global mortuary equipment market size is expected to reach USD 1,656.1 million by 2030 according to a new study by Polaris Market Research.
The surging demand for automation in these procedures involves shifting of cadavers and postmortem, as well as a growing number of the morgues worldwide, which are the primary factor for the industry growth. In addition, increasing incidences of deaths owing to the uncertain factors along with the emergence of novel technologies and advancements of automated devices comprising dissection tables, autopsy platforms, and embalming platforms are further bolstering the equipment demand in the upcoming years.
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Based on product, the refrigerators unit segment dominates the global industry with the highest revenue shares. The growing need for refrigerator units and the high installation and operational costs produce higher revenue for the segment.
The rising incidence of deaths, coupled with the increasing number of morgues, is the primary factor for the industry growth. For instance, in 2017, the global life expectancy was 78.6 years, according to the National Vital Statistics Reports in June 2019. Accordingly, as per the report, life expectancy was decreased by 0.1 years in comparison to 2016. Therefore, the growing population and increasing incidences of chronic diseases globally are further boosting the equipment demand.
The advent of the COVID-19 is surging demand for automated technologies at the morgues. In this pandemic, approximately 5.44 million people die, augmenting the industry demand. Additionally, the construction of hospitals and a rising number of private morgues are the further significant factors that offer lucrative opportunities for industry growth over the forecast period.
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Market participants such as C.F. di Ciro Fiocchetti& C. s.n.c., Barber of Sheffield, EIHF Isofroid, Flexmort, Funeralia GmbH, HYGECO, Ferno-Washington Inc, KUGEL medical GmbH & Co. KG, LEEC Limited, Mortech Manufacturing Company, Inc., Mopec Inc., Mortuary Lift Company, Roftek Ltd, S.M., Span Surgical Co., Scientific Instruments Pvt. Ltd., and Thermo Fisher Scientific. are some of the key players operating in the global market.
Several leading players in the market are frequently launching products to gain significant prominence across the globe. For instance, in March 2021, Craven & Co., a Knaresborough-based storage and handling manufacturer- plans to introduce its new products focused on the industry.
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Polaris Market Research has segmented the mortuary equipment market report on the basis of product, application, end-user, and region:
Mortuary Equipment, Product Outlook (Revenue – USD Million, 2018 – 2030)
- Body transporters and trays
- Autopsy tables
- Mortuary cabinets
- For 2-body
- For 3-body
- For 6-body
- Refrigerators Unit
- Dual temperature
- Six body horizontal
- six body vertical
- walk-in coolers and refrigerators
- Cremation Ovens
- Cremator charger
- Embalming Workstation
- Dissection Table
Mortuary Equipment, Application Outlook (Revenue – USD Million, 2018 – 2030)
Mortuary Equipment, End-user Outlook (Revenue – USD Million, 2018 – 2030)
- Research organizations
- Medical educational institutions
- Forensic labs
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