The global market for Mortuary Equipment was estimated at US$995.2 Million in 2023 and is projected to reach US$1.3 Billion by 2030, growing at a CAGR of 3.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Global Mortuary Equipment Market - Key Trends & Drivers Summarized
What Are Mortuary Equipment and Their Role in Modern Facilities?
Mortuary equipment includes a broad range of tools and devices used in funeral homes and morgues to handle, prepare, and preserve deceased bodies. This equipment encompasses everything from autopsy tables, embalming machines, and body refrigerators to lifting and transporting trolleys. The design and functionality of these tools are critical to ensuring dignified handling and effective preparation of bodies for viewing, burial, or cremation. Modern mortuary equipment is designed with ergonomics and efficiency in mind, often incorporating advanced materials and technology to meet health and safety standards in the handling of human remains.How Does Technological Innovation Impact Mortuary Equipment?
Technological advancements are significantly enhancing the functionality and safety of mortuary equipment. For example, hydraulic and electrically powered tables and lifts reduce physical strain on mortuary staff, while state-of-the-art refrigeration units ensure optimal preservation conditions with better energy efficiency. Innovations in embalming technology and sanitation systems also help improve the standard of care provided to deceased individuals, ensuring that facilities can maintain a high level of service in preparing bodies for final rites.What Market Trends Influence Mortuary Equipment Demand?
The demand for mortuary equipment is influenced by several trends, including aging populations and the evolving preferences of society towards funeral services. As global demographics shift towards older age groups, the death rate naturally increases, creating greater demand for mortuary services and, consequently, for high-quality and compliant equipment. Additionally, cultural changes in how societies view death and post-mortem care are prompting facilities to upgrade their equipment to better accommodate family involvement and more personalized services.What Drives the Growth in the Mortuary Equipment Market?
The growth in the mortuary equipment market is driven by several factors, including demographic shifts leading to an increased number of deaths, technological advancements that offer improved efficiency and safety, and evolving societal norms around death care practices. Regulatory changes that require higher standards of health, safety, and environmental compliance in the handling of human remains also contribute to ongoing updates and replacements of old equipment. Furthermore, the expansion of funeral home services to meet client expectations for dignity and customization in funeral services heightens the demand for modern, versatile mortuary equipment. These factors collectively foster growth and innovation within the mortuary equipment industry, ensuring its critical role in healthcare and funeral service sectors.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Body Transporters & Trays segment, which is expected to reach US$435.0 Million by 2030 with a CAGR of a 4.8%. The Autopsy Tables segment is also set to grow at 3.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was estimated at $271.1 Million in 2023, and China, forecasted to grow at an impressive 7.3% CAGR to reach $273.5 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Mortuary Equipment Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Mortuary Equipment Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Mortuary Equipment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Mortuary Equipment market such as C.F. di Ciro Fiocchetti & C. s.n.c., Ferno Washington, Inc., Hygeco Group, KUGEL medical, LEEC Ltd. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 42 companies featured in this Mortuary Equipment market report include:
- C.F. di Ciro Fiocchetti & C. s.n.c.
- Ferno Washington, Inc.
- Hygeco Group
- KUGEL medical
- LEEC Ltd.
- Mopec, Inc.
- Mortech Manufacturing Inc.
- Roftek Ltd T/A Flexmort
- SM Scientific Instruments Pvt. Ltd.
- Thermo Fisher Scientific, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- C.F. di Ciro Fiocchetti & C. s.n.c.
- Ferno Washington, Inc.
- Hygeco Group
- KUGEL medical
- LEEC Ltd.
- Mopec, Inc.
- Mortech Manufacturing Inc.
- Roftek Ltd T/A Flexmort
- SM Scientific Instruments Pvt. Ltd.
- Thermo Fisher Scientific, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 194 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 995.2 Million |
Forecasted Market Value ( USD | $ 1300 Million |
Compound Annual Growth Rate | 3.8% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |