Mortuary Equipment Market Share, Size, Trends, Industry Analysis Report, By Application (Manual, Automated), By Product, By End-Use; By Region; Segment Forecast, 2022 - 2030
- Published Date:Feb-2022
- Pages: 110
- Format: PDF
- Report ID: PM2279
- Base Year: 2021
- Historical Data: 2018-2020
Report Outlook
The global mortuary equipment market was valued at USD 941.2 million in 2021 and is expected to grow at a CAGR of 6.6% during the forecast period. The primary factors attributing to the industry growth are the increasing number of hospital and private mortuaries and the decreasing life span of the population. For instance, according to the National Vital Statistics Report of 2019, life expectancy is decreasing by 0.1 years compared to the previous year. Moreover, the technological advancements in the industry by major players are anticipated to present huge mortuary equipment market growth opportunities.
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There is a considerable impact on the demand for this equipment. Due to the virus spread, the body count in the morgues and hospitals has increased significantly. Thus, there is a huge demand for technologically advanced equipment to help the healthcare sector staff in their handling and save time. The onset of COVID-19 is anticipated to present huge industry growth opportunities. The increasing government investment in the wake of virus spread across the healthcare sector for mortuary-related equipment, and others are expected to drive the industry growth. For instance, in December 2020, FEMA (Federal Emergency Management Agency) gave USD 3.055 million to the health department of Rhode Island. These funds were used for mortuary-related equipment. The disruption in the supply chain, lockdown measures, and limited spending is anticipated to hamper the mortuary equipment market development.
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Industry Dynamics
Growth Drivers
New product launches by key industry players such as Roftek Ltd. SM Scientific Instrumentations Pvt. Ltd., among others across the global industry, are anticipated to drive the mortuary equipment market's growth. Manufacturers are increasing their focus towards research & development activities to develop new developments for specific applications, as there are different demands based on the use. For instance, in June 2019, Roftek Ltd. launched a practical and straightforward patient monitoring system called The BlueBoard. This mortuary equipment allows the corpse to roll across its surface and offers better manual handling advantages. It is easy to use, flexible, lightweight and quickly moved anywhere. It is used by a vast number of hospitals and mortuaries across Europe.
Moreover, in March 2019, SM Scientific Instruments launched Mortuary Chamber Smi 157. This is utilized to store corpses in cool conditions in order to prevent decomposition. Further, the company also manufactures advanced autopsy equipment such as autopsy table smi 235 and autopsy floor scale smi 1150, incubator smi 3075 blood equipment's platelet agitator, and others. Additionally, in April 2019, Kugel medical launched an effective & simple mortuary equipment stretcher called LM 80/010 for patient body movement.
Report Segmentation
The market is primarily segmented on the basis of product, application, end-user, and region.
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By Product |
By Application |
By End-use |
By Region |
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Insight by Product
The refrigerators unit segment holds the larger shares in 2021 and is expected to lead the industry in the forecasting years. The high demand for refrigerator units and the high capital and installation costs of the units are generating high revenue from the segment. Further, the availability of customized refrigerator storage units in different sizes is anticipated to drive the segment's growth. Innovative refrigeration units that use a minimum power supply are expected to offer substantial growth opportunities to the segment. The rising demand for advanced refrigerator units from private mortuaries is expected to fuel the mortuary equipment market growth.
The autopsy tables segment is projected to show the highest CAGR in the forecasting years. The fast growth of the segment can be attributed to the availability of automated products such as pedestal autopsy tables & carts. Further, the rising number of hospitals and private mortuaries globally is anticipated to boost the demand for autopsy tables in the upcoming years.
Geographic Overview
Geographically, North America is anticipated to dominate the particle size market in 2021. This huge industry share of the region can be attributed to the increase in the number of private morgues and hospitals across North America. Further, the rising death rate of the region is anticipated to drive the growth of the market during forecasting years. The faster adoption of advanced & innovative mortuary equipment products is expected to present huge market growth opportunities.
Moreover, as the significant population in North America follows Christianity, thus there is a considerable demand for funeral service on account of religious beliefs. This is anticipated to drive the market growth further. Key market players in the region are introducing advanced equipment with automation such as pedestal autopsy tables and carts, enabling academic researchers and forensic investigations to be more convenient. While, some companies are entering into collaborations with hospitals, thus propelling the market's growth.
Moreover, the Asia Pacific is anticipated to exhibit a progressive CAGR over the forecasting years. Growth is attributed to the advancements and investments in the healthcare infrastructure and the proliferation of private mortuaries across the emerging nations. Further, the rising number of hospitals across countries like India, Japan, and China, among others, is anticipated to boost the demand for mortuary equipment. Developing nations such as India, China, and Japan are offering substantial growth opportunities for the players operating in the market. Further, the presence of a large customer base across the region is anticipated to drive market growth.
Competitive Insight
Some of the major players operating in the global market include Barber of Sheffield, C.F. di Ciro Fiocchetti& C. s.n.c., EIHF Isofroid, Ferno-Washington Inc, Flexmort, Funeralia GmbH, HYGECO, KUGEL medical GmbH & Co. KG, LEEC Limited, Mopec Inc., Mortech Manufacturing Company, Inc., Mortuary Lift Company, Roftek Ltd, S.M., Scientific Instruments Pvt. Ltd., Span Surgical Co., and Thermo Fisher Scientific Inc.
Mortuary Equipment Market Report Scope
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Report Attributes |
Details |
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Market size value in 2021 |
USD 941.2 million |
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Revenue forecast in 2030 |
USD 1,656.1 million |
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CAGR |
6.6% from 2022 - 2030 |
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Base year |
2021 |
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Historical data |
2018 - 2020 |
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Forecast period |
2022 - 2030 |
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Quantitative units |
Revenue in USD million/billion and CAGR from 2022 to 2030 |
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Segments covered |
By Product, By Application, By End-Use, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
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Key Companies |
Barber of Sheffield, C.F. di Ciro Fiocchetti& C. s.n.c., EIHF Isofroid, Ferno-Washington Inc, Flexmort, Funeralia GmbH, HYGECO, KUGEL medical GmbH & Co. KG, LEEC Limited, Mopec Inc., Mortech Manufacturing Company, Inc., Mortuary Lift Company, Roftek Ltd, S.M., Scientific Instruments Pvt. Ltd., Span Surgical Co., Thermo Fisher Scientific, and Thermo Fisher Scientific Inc. |
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