Mortuary Equipment Market Highlights
Market Research Future (MRFR) analysed the global mortuary equipment market 2020 is analysed across the review period 2019 to 2024. By 2024, the mortuary equipment market is expected to experience about 6.48% CAGR across the study period. By 2024, the worldwide mortuary equipment market value can exceed USD 890.93 Mn. The rise in need for autopsies for educational and research purposes can favor the expansion of the mortuary equipment across the review period. The need to mortuaries for the storing and preservation of cadavers can support the expansion of the market in the analysis period. The increase in mortality rates, introduction of disruptive technologies, growing number of unclaimed bodies at morgues, and automation in mortuary procedures are some other growth indicators of the worldwide market of mortuary equipment market. The rapid development of different type of anatomy table and rise in cost of mortuary equipment can resist the mortuary equipment market through the analysis period.
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Mortuary Equipment Market Segment Analysis
The segment assessment of the global mortuary equipment market is done by product type and end-user. The product-type based segments of the mortuary equipment market are autopsy platforms, refrigeration units, cadaver lifts & trolleys, embalming workstations, and dissection tables among others. The increase in sales of cadaver lifts and trolleys can support the expansion of the market through the review period. The refrigeration units segment can churn-up revenue about USD 231.40 Mn, reveals by MRFR. In addition, the increase in sales of embalming workstations can support the growth of the mortuary equipment market in the foreseeable future. The end-user based segments of the global mortuary equipment market are academic institutes & research organizations, forensic laboratories, and hospitals among others. The rise in number of forensic laboratories can promote the market across the assessment period.
Mortuary Equipment Market Regional Analysis
Trends and factors that can determine and hinder the mortuary equipment market across the Americas, EU, APAC, and the MEA. The Americas can secure the maximum share of the worldwide mortuary equipment market due to the increase in the need for a high number of private mortuaries, rise in the demand for mortuary equipment, and upgrading obsolete equipment can favor the mortuary market growth in the near future. In Europe, the considerable increase in the research for the preservation of corpses and associated academic purposes can boost the expansion of the regional market.
The hike in the investment made in private morgues can support the expansion of the mortuary market in the analysis period. In APAC, rise in purchase of mortuary equipment can boost the regional market. The rise in the number of private hospitals, medical colleges, and increase in investment by local players can favor the regional market. The mortuary equipment market in Asia Pacific can earn considerable revenue on the conclusion of the analysis period. In Middle East and Africa, the rise of the mortuary equipment market is steady and increase in the demand for mortuary equipment across wealthy in countries, such as; Saudi Arabia, and Egypt can promote the regional market.
Mortuary Equipment Market Players
LEEC Limited (UK), EIHF Isofroid (France), Thermo Fisher Scientific (US), KUGEL Medical GmbH & Co. KG (Germany), Ferno-Washington Inc. (US), HYGECO (France), Mortech Manufacturing Company Inc (US), Mopec Inc. (US), Funeralia GmbH (Germany), Barber of Sheffield (UK), SM Scientific Instruments Pvt. Ltd (India), and Flexmort (UK) are some prominent names in the world mortuary equipment market that recognized by MRFR. Growing competition among major marketers are can work in the favor of the mortuary market across the analysis period.
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