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Global 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 2024
Market Analysis
The growth of the Global Mortuary Equipment market during the assessment period likely to be contributed by the high mortality rates, technological advancements, automation in mortuary procedures, and rising number of unclaimed bodies in morgues. The development of the anatomize table and high cost of mortuary equipment are likely to restrain the market growth during the forecast period. Hence, as per the data published by the Center for Disease Control and Prevention, the death rate of US in the year 2017 was 849.3 deaths per 100,000 people. Mortuaries are places where dead bodies are safeguarded and collected 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. The Global Mortuary Equipment Market is expected to register a CAGR of 6.48% to attain USD 1,282.81 Million by the year 2024. Automated mortuary equipment can make mortuary operations convenient by organizing the whole process well. For instance, in November 2017, Mopec, Inc. introduced a new cadaver lift series that has a flexible design and performance. Therefore, technological advancements and automation in mortuary procedures are likely to drive market growth. High-level demand for technology and automation in mortuary procedures is projected to push the growth of the global mortuary equipment market.
Market Segmentation
Global Mortuary Equipment Market has been segmented on the basis of product type, end user and region. Global Mortuary Equipment Market based on Product Type has been segmented into Refrigeration Units, Autopsy Platforms, Dissection Tables, Cadaver Lifts and Trolleys, Embalming Workstations & Others. Global Mortuary Equipment Market based on End User has been segmented into Hospitals, Academic Institutions and Research Organizations, Forensic Laboratories and Others. Global Mortuary Equipment Market has been segmented into different regions like Americas (North America including US & Canada and Latin America), Europe (Western Europe including Germany, UK, France, Italy, Spain, Rest of Western Europe & Eastern Europe( Asia Pacific including China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), Middle East & Africa
Regional Analysis
Geographically, Global Mortuary Equipment Market has been segmented into different regions like Americas (North America including US & Canada and Latin America), Europe (Western Europe including Germany, UK, France, Italy, Spain, Rest of Western Europe & Eastern Europe( Asia Pacific including China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), Middle East & Africa. Asia-Pacific is projected to be the fastest growing region in the global market due to the great number of hospitals in private sectors comprising medical colleges, technological advancements, and rising investment by local players that spread their products to established countries at reasonable prices. The Americas is anticipated to hold the major share of the global mortuary equipment market. This is owing to the accessibility of a huge number of private mortuaries, developing obsolete equipment, and increasing demand for mortuary equipment in the region. The market in the Middle East & Africa is expected to steadily grow owing to the increasing use of mortuary equipment in countries such as Egypt, Saudi Arabia, and others, due to a great number of deaths caused by cancer observed in these regions, as mortuary equipment are required in several processes. Australia held a share of 11.8% in the Asia-Pacific mortuary equipment market in the year 2018. Europe showed a significant amount of growth in the market due to the growing need for better preservation of corpses for research and academic purposes and the increasing investment in private morgues has resulted in the rising purchase of mortuary equipment.
Major Players
The proposed spectators in the global mortuary equipment market are huge corporates, SMEs, distributors and wholesalers, Investors and trade experts, Governments, associations and industrial bodies, etc. The major companies functioning in the global mortuary equipment market are concentrating on firming their global ways by entering into untouched markets. The projected onlookers in the global mortuary equipment market are Research institutes, Hospitals and clinics, Academic institutes, Hospitals and Medical devices companies. Companies like Funeralia GmbH (Germany), Flexmort (UK) and others. Mortech Manufacturing Company Inc. (US), Mopec Inc. (US), Ferno-Washington Inc. (US), Barber of Sheffield (UK), EIHF LEEC Limited (UK), KUGEL Medical GmbH & Co. KG (Germany), SM Scientific Instruments Pvt. Ltd (India), Thermo Fisher Scientific (US), HYGECO (France) and Isofroid (France) are some of the prominent players in the global mortuary equipment market. Ferno-Washington Inc and REV Group announced the launch of innovative patient- and crew-centric ambulance, in February 2017. Mopec Inc. introduced a cadaver lift series that features versatility in design and performance, in November 2017, HYGECO started providing mortuary equipment to the Blida and Tamanrasset military hospitals in Algeria, North Africa, In January 2018 are some of the main strategies followed by players operating in the global mortuary equipment market were innovation, product development, acquisition & mergers.
Market Analysis
The growth of the Global Mortuary Equipment market during the assessment period likely to be contributed by the high mortality rates, technological advancements, automation in mortuary procedures, and rising number of unclaimed bodies in morgues. The development of the anatomize table and high cost of mortuary equipment are likely to restrain the market growth during the forecast period. Hence, as per the data published by the Center for Disease Control and Prevention, the death rate of US in the year 2017 was 849.3 deaths per 100,000 people. Mortuaries are places where dead bodies are safeguarded and collected 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. The Global Mortuary Equipment Market is expected to register a CAGR of 6.48% to attain USD 1,282.81 Million by the year 2024. Automated mortuary equipment can make mortuary operations convenient by organizing the whole process well. For instance, in November 2017, Mopec, Inc. introduced a new cadaver lift series that has a flexible design and performance. Therefore, technological advancements and automation in mortuary procedures are likely to drive market growth. High-level demand for technology and automation in mortuary procedures is projected to push the growth of the global mortuary equipment market.
Market Segmentation
Global Mortuary Equipment Market has been segmented on the basis of product type, end user and region. Global Mortuary Equipment Market based on Product Type has been segmented into Refrigeration Units, Autopsy Platforms, Dissection Tables, Cadaver Lifts and Trolleys, Embalming Workstations & Others. Global Mortuary Equipment Market based on End User has been segmented into Hospitals, Academic Institutions and Research Organizations, Forensic Laboratories and Others. Global Mortuary Equipment Market has been segmented into different regions like Americas (North America including US & Canada and Latin America), Europe (Western Europe including Germany, UK, France, Italy, Spain, Rest of Western Europe & Eastern Europe( Asia Pacific including China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), Middle East & Africa
Regional Analysis
Geographically, Global Mortuary Equipment Market has been segmented into different regions like Americas (North America including US & Canada and Latin America), Europe (Western Europe including Germany, UK, France, Italy, Spain, Rest of Western Europe & Eastern Europe( Asia Pacific including China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), Middle East & Africa. Asia-Pacific is projected to be the fastest growing region in the global market due to the great number of hospitals in private sectors comprising medical colleges, technological advancements, and rising investment by local players that spread their products to established countries at reasonable prices. The Americas is anticipated to hold the major share of the global mortuary equipment market. This is owing to the accessibility of a huge number of private mortuaries, developing obsolete equipment, and increasing demand for mortuary equipment in the region. The market in the Middle East & Africa is expected to steadily grow owing to the increasing use of mortuary equipment in countries such as Egypt, Saudi Arabia, and others, due to a great number of deaths caused by cancer observed in these regions, as mortuary equipment are required in several processes. Australia held a share of 11.8% in the Asia-Pacific mortuary equipment market in the year 2018. Europe showed a significant amount of growth in the market due to the growing need for better preservation of corpses for research and academic purposes and the increasing investment in private morgues has resulted in the rising purchase of mortuary equipment.
Major Players
The proposed spectators in the global mortuary equipment market are huge corporates, SMEs, distributors and wholesalers, Investors and trade experts, Governments, associations and industrial bodies, etc. The major companies functioning in the global mortuary equipment market are concentrating on firming their global ways by entering into untouched markets. The projected onlookers in the global mortuary equipment market are Research institutes, Hospitals and clinics, Academic institutes, Hospitals and Medical devices companies. Companies like Funeralia GmbH (Germany), Flexmort (UK) and others. Mortech Manufacturing Company Inc. (US), Mopec Inc. (US), Ferno-Washington Inc. (US), Barber of Sheffield (UK), EIHF LEEC Limited (UK), KUGEL Medical GmbH & Co. KG (Germany), SM Scientific Instruments Pvt. Ltd (India), Thermo Fisher Scientific (US), HYGECO (France) and Isofroid (France) are some of the prominent players in the global mortuary equipment market. Ferno-Washington Inc and REV Group announced the launch of innovative patient- and crew-centric ambulance, in February 2017. Mopec Inc. introduced a cadaver lift series that features versatility in design and performance, in November 2017, HYGECO started providing mortuary equipment to the Blida and Tamanrasset military hospitals in Algeria, North Africa, In January 2018 are some of the main strategies followed by players operating in the global mortuary equipment market were innovation, product development, acquisition & mergers.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
