Market Size of Global Mortuary Equipment Industry
| 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 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 |
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Global Mortuary Equipment Market Size Summary
The mortuary equipment market is poised for significant growth, driven by factors such as increased mortality rates and the expansion of morgues and hospitals. The COVID-19 pandemic has notably accelerated demand, as the surge in death rates globally necessitated the rapid establishment of temporary and permanent mortuary facilities. This heightened demand is further supported by the aging population, which is expected to contribute to higher mortality rates. Technological advancements in automation and the development of more convenient equipment are also shaping market trends, as there is a growing need to replace traditional systems with modern solutions. The refrigeration unit segment is anticipated to dominate the market due to its critical role in cadaver storage and the establishment of new morgues, particularly in response to the pandemic's impact.
Regionally, North America is expected to hold the largest market share, attributed to its higher death rates and the proliferation of hospitals and private morgues. The United States, in particular, has seen a significant increase in demand for mortuary equipment, as evidenced by the deployment of mobile morgues during the pandemic. Europe follows as the second-largest market, driven by the adoption of advanced technologies and a high demand for funeral services. The Asia-Pacific region is projected to experience the fastest growth, fueled by advancements in healthcare infrastructure and the rise of private mortuaries. The market is moderately competitive, with key players like Thermofisher Scientific and KUGEL Medical GmbH & Co. KG leading the charge in innovation and global distribution.
Global Mortuary Equipment Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Global Geriatric Population and Decreasing Life Expectancy
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1.2.2 Rising Number of Morgues and Growing Demand for Automation in Post-mortem Procedures
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1.3 Market Restraints
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1.3.1 High Cost of Purchase and Maintenance of Equipments
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1.3.2 Cultural and Ethical Concerns Related to Post-mortem and Storage of Dead Bodies
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Refrigeration Units
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2.1.2 Autopsy Platforms
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2.1.3 Cadaver Lifts
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2.1.4 Other Product Types
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2.2 Geography
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2.2.1 North America
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2.2.1.1 United States
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2.2.1.2 Canada
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2.2.1.3 Mexico
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2.2.2 Europe
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2.2.2.1 Germany
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2.2.2.2 United Kingdom
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2.2.2.3 France
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2.2.2.4 Italy
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2.2.2.5 Spain
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2.2.2.6 Rest of Europe
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2.2.3 Asia-Pacific
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2.2.3.1 China
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2.2.3.2 Japan
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2.2.3.3 India
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2.2.3.4 Australia
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2.2.3.5 South Korea
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2.2.3.6 Rest of Asia-Pacific
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2.2.4 Middle-East and Africa
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2.2.4.1 GCC
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2.2.4.2 South Africa
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2.2.4.3 Rest of Middle-East and Africa
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2.2.5 South America
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2.2.5.1 Brazil
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2.2.5.2 Argentina
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2.2.5.3 Rest of South America
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Global Mortuary Equipment Market Size 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.
