Mortuary Equipment Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 6.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Mortuary Equipment Market Analysis
The mortuary equipment market is expected to record a CAGR of 6.5% during the forecast period (2022-2027).
The COVID-19 pandemic represents an international health crisis that is challenging to all governments. Health practitioners in different fields must guide people and governments to achieve safe health practices. As per the World Health Organization data, as of March 1, 2022, there were 5,952,215 deaths reported globally due to COVID-19. Due to the outbreak, the mortality rate across countries increased multi-fold, thus boosting the demand for mortuary equipment and significantly impacting the market. The study titled "All-cause mortality during the COVID-19 pandemic in Chennai, India: an observational study", published in December 2021, found that between March 1, 2020, and June 30, 2021, 87 870 deaths were registered in Chennai, India, exceeding the expected deaths by 25,990 or 518 excess deaths per 1,000 people. Thus, the death rate in India and worldwide increased substantially, impacting the market's growth.
The major factors attributing to the growth of the mortuary equipment market are decreased life span and increased number of morgues and hospitals. For instance, according to the article titled "Life expectancy decreased in most high-income countries", published in November 2021, a total of about 28 million more years of life were lost than expected, and it is further expected to decrease during the forecast period, thus driving the market.
Furthermore, the growing burden of the geriatric population may lead to increased mortality rates, subsequently boosting the market. As per the World Ageing Report 2020 Highlights, 727 million people were aged 65 years and above in 2020, which is expected to increase to 1.5 billion by 2050, thus driving the market studied.
Additionally, rising technological improvements in terms of automation and the development of convenient equipment are the major trends observed in the mortuary equipment market. Thus, the rising demand to upgrade and replace the traditional platforms with advanced equipment is expected to drive the market.
Mortuary Equipment Market Trends
This section covers the major market trends shaping the Mortuary Equipment Market according to our research experts:
Refrigeration Unit Segment By Product Type is Expected to Hold the Largest Market Share
The refrigeration unit segment is expected to account for the largest market revenue over the forecast period, owing to the equipment's high demand and high purchase and installation costs. The availability of customized storage units in various sizes that assist the transfer of cadavers and the rapid establishment of new private morgues that also provide funeral services mainly drive the growth of the refrigeration units market.
Additionally, the establishment of morgues worldwide increases the demand for the installation of refrigeration units, further driving the market's growth. For instance, in March 2020, the UK government created a network of temporary mortuaries to cope with the rising death toll from COVID-19, thereby driving the market.
North America Dominates the Market and May Continue the Same Trend During the Forecast Period
North America is anticipated to account for the largest share of the mortuary equipment market. The dominance is due to a higher death rate in the region and an increase in the number of hospitals and private morgues. The US market is expected to contribute to the growth significantly. For instance, as per the article titled "New York City Deploys 45 Mobile Morgues as Virus Strains Funeral Homes", published in April 2020, 45 mobile morgues were established in New York City, which require mortuary equipment, thus driving the market.
Moreover, in May 2020, Mopec, a leading provider of American-made medical equipment and laboratory products to the pathology, histology, necropsy, autopsy, and mortuary industries, ramped up its production and is producing 1,000 body bags every day in response to the worldwide shortage caused by COVID-19.
Europe contributed to the second-largest market share due to the rapid adoption of advanced technologies, thus boosting the global market. As major populations in these regions follow Christianity, the demand for funeral services is high, thus boosting the market's growth. The Asia-Pacific region is expected to witness the fastest growth rate in the mortuary equipment market. The rapid growth is expected due to the growing number of hospitals and steep advancement in the healthcare infrastructure, coupled with the proliferation of private mortuaries in the region. Local market players and new entrants in developing countries like India and China also constitute a major share of the market's revenue.
Mortuary Equipment Industry Overview
The mortuary equipment market is moderately competitive and consists of several major players. Some of the key players are introducing advanced equipment with automation, enabling forensic investigations and academic researchers more convenience, while others are distributing the products and boosting their market position globally. Some companies are partnering with hospitals to boost their revenues. The major players in the market are Thermofisher Scientific, Roftek Ltd, SM Scientific Instruments Private Ltd, KUGEL Medical GmbH & Co. KG, and LEEC Ltd.
Mortuary Equipment Market Leaders
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Roftek Ltd
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SM Scientific Instruments Pvt. Ltd
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KUGEL medical GmbH & Co. KG
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Thermo Fisher Scientific
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LEEC Ltd
*Disclaimer: Major Players sorted in no particular order
Mortuary Equipment Market News
- In December 2020, Federal Emergency Management Agency (FEMA) awarded USD 3,055,957 to the Rhode Island Department of Health for the COVID-19 pandemic. The funds were also for the mortuary-related supplies for the state's five refrigerated trucks.
- In December 2020, California ordered 5,000 new body bags due to the surge in the COVID-19 cases and related fatalities. The bags were distributed to San Diego, Los Angeles, and Inyo counties.
Mortuary Equipment Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
-
4.2 Market Drivers
- 4.2.1 Increasing Global Geriatric Population and Decreasing Life Expectancy
- 4.2.2 Rising Number of Morgues and Growing Demand for Automation in Post-mortem Procedures
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4.3 Market Restraints
- 4.3.1 High Cost of Purchase and Maintenance of Equipments
- 4.3.2 Cultural and Ethical Concerns Related to Post-mortem and Storage of Dead Bodies
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4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Product Type
- 5.1.1 Refrigeration Units
- 5.1.2 Autopsy Platforms
- 5.1.3 Cadaver Lifts
- 5.1.4 Other Product Types
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5.2 Geography
- 5.2.1 North America
- 5.2.1.1 United States
- 5.2.1.2 Canada
- 5.2.1.3 Mexico
- 5.2.2 Europe
- 5.2.2.1 Germany
- 5.2.2.2 United Kingdom
- 5.2.2.3 France
- 5.2.2.4 Italy
- 5.2.2.5 Spain
- 5.2.2.6 Rest of Europe
- 5.2.3 Asia-Pacific
- 5.2.3.1 China
- 5.2.3.2 Japan
- 5.2.3.3 India
- 5.2.3.4 Australia
- 5.2.3.5 South Korea
- 5.2.3.6 Rest of Asia-Pacific
- 5.2.4 Middle-East and Africa
- 5.2.4.1 GCC
- 5.2.4.2 South Africa
- 5.2.4.3 Rest of Middle-East and Africa
- 5.2.5 South America
- 5.2.5.1 Brazil
- 5.2.5.2 Argentina
- 5.2.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Roftek Ltd
- 6.1.2 SM Scientific Instruments Pvt. Ltd
- 6.1.3 KUGEL medical GmbH & Co. KG
- 6.1.4 Leec Ltd
- 6.1.5 Thermo Fisher Scientific Inc.
- 6.1.6 Mortech Manufacturing Company Inc.
- 6.1.7 HYGECO LEAR LIMITED
- 6.1.8 Mopec
- 6.1.9 Mortuary Lift Company
- 6.1.10 Ferno-Washington Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityMortuary Equipment Industry Segmentation
As per the scope of the report, mortuaries are places where corpses are well-preserved under hygienic conditions for autopsies or educational, research, legal, and other purposes. Different types of equipment are used in mortuaries for preservation and for shifting and storing the cadavers for various purposes. The mortuary equipment market is segmented by product type and geography. The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.
| Product Type | Refrigeration Units | |
| Autopsy Platforms | ||
| Cadaver Lifts | ||
| Other Product Types | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Middle-East and Africa | GCC |
| South Africa | ||
| Rest of Middle-East and Africa | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Mortuary Equipment Market Research FAQs
What is the current Global Mortuary Equipment Market size?
The Global Mortuary Equipment Market is projected to register a CAGR of 6.5% during the forecast period (2024-2029)
Who are the key players in Global Mortuary Equipment Market?
Roftek Ltd, SM Scientific Instruments Pvt. Ltd, KUGEL medical GmbH & Co. KG, Thermo Fisher Scientific and LEEC Ltd are the major companies operating in the Global Mortuary Equipment Market.
Which is the fastest growing region in Global Mortuary Equipment Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Mortuary Equipment Market?
In 2024, the North America accounts for the largest market share in Global Mortuary Equipment Market.
What years does this Global Mortuary Equipment Market cover?
The report covers the Global Mortuary Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Mortuary Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Mortuary Equipment Industry Report
Statistics for the 2024 Mortuary Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Mortuary Equipment analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
