Mortuary Facility Market Size, Share, Growth, And Industry Analysis, By Type (Refrigeration Units, Autopsy Platforms, Dissection Tables, Cadaver Lifts and Trolleys Embalming Workstations, and Others), By Application (Hospitals, Academic Institutions and Research Organizations, Forensic Laboratories, and Others), And Regional Forecast to 2033

• 

  Request a Free sample to learn more about this report

MORTUARY FACILITY MARKET OVERVIEW

Global Mortuary Facility Market size is USD 0.8 Billion in 2024 and market is projected to touch 1.16 Billion by 2032, exhibiting a CAGR of 4.7% during the forecast period.

 The COVID-19 pandemic has been unprecedented and staggering, with the mortuary facility market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels.

The number of hospitals has grown over time in tandem with the growing population and demand for world-class services. Because most hospitals have morgues, the increase in the number of morgues is exactly proportionate to the increase in the number of hospitals. Furthermore, the number of private morgues has allegedly expanded in recent years since the death care industry provides a significant opportunity for revenue production through tailored funeral services.

Technological improvements significantly impact the growth of the mortuary equipment industry. Developing mechanized technologies such as dissection tables, autopsy platforms, and embalming platforms will likely boost demand. Incorporating hydraulics and mechatronics in these machines improves professional convenience, minimizes procedural timing, and promotes efficiency.

COVID-19 IMPACT

Market Witnessed a Significant Growth Owing to Rising Number of Deaths 

The COVID-19 pandemic was a global health issue that challenged all countries. A surge in the number of deaths that occurred during the previous years showed positive growth in the market. Uncertainty around the globe owing to the pandemic led to a rising number of death occurrences. Poor health facilities and hefty insurance greatly increased the market demand.

LATEST TRENDS

Mopec Increased its Manufacturing Capacity Owing to the COVID-19 Impact

In response to the worldwide shortage caused by COVID-19, Mopec, a prominent producer of American-made medical equipment and laboratory goods for the pathology, histology, necropsy, autopsy, and mortuary industries, has increased manufacturing to 1,000 body bags daily in the year 2020.

Request a Free sample to learn more about this report

MORTUARY FACILITY MARKET SEGMENTATION

By Type Analysis

By Type, the market is fragmented according to Refrigeration Units, Autopsy Platforms, Dissection Tables, Cadaver Lifts and Trolleys, Embalming Workstations, and Others.

By Application Analysis

By Application, the market is bifurcated into Hospitals, Academic Institutions and Research Organizations, Forensic Laboratories, and Others.

DRIVING FACTORS

High Mortality Rate to Propel Market Growth

The high mortality rate and the large number of unclaimed bodies in morgues are two major drivers pushing the market. Apart from that, increased investments and rapid improvements in healthcare infrastructure, particularly in the private sector, have provided hospitals with improved access to the latest instruments, which boosts mortuary facility market growth. The number of hospitals has grown over time in tandem with the growing population and demand for world-class services. Because most hospitals have morgues, the increase in the number of morgues is exactly proportionate to the increase in the number of hospitals. Furthermore, the number of private morgues has allegedly expanded in recent years since the death care industry provides a significant opportunity for revenue production through tailored funeral services.

Technological Advancements to Fuel Market Growth

Technological improvements significantly impact the growth of the mortuary equipment industry. The development of mechanized technologies such as autopsy platforms, dissection tables, and embalming platforms will likely boost demand. Incorporating hydraulics and mechatronics in these machines improves professional convenience, minimizes procedural timing, and promotes efficiency. With the availability of technologically advanced units in various sizes, there is a growing need for unique refrigeration and storage units. These range from small units for infant cadavers to larger units for the obese. For maximum utilization of floor space in morgues, there is a significant demand for various sizes. Replacing traditional platforms with these modern ones is projected to play a significant role in propelling the mortuary equipment industry forward.

RESTRAINING FACTORS

High Costs of the Product to be A Major Concern in The Market

High equipment acquisition and maintenance costs, cultural and ethical concerns about post-mortem and body storage, funeral directors sometimes operating at night, and undertakers having a terrible work-life balance. These are some of the restricting factors affecting market growth.

• Request a Free sample to learn more about this report

•  

MORTUARY FACILITY MARKET REGIONAL INSIGHTS

North America to Dominate the Market Owing to Ease of Transportation

North America is expected to dominate the particle size market. This significant regional market share can be attributable to a rise in the number of private morgues and hospitals across North America. Furthermore, the region's rising death rate will boost mortuary facility market share in the forecasted years. The rapid adoption of modern and novel mortuary equipment products will likely create enormous market potential opportunities.

KEY INDUSTRY PLAYERS

Market Players to Employ Modern Equipment To Strengthen Market Position

The mortuary facility industry is moderately competitive, with a number of large manufacturers. Some significant players are developing modern equipment with automation, making forensic investigations and academic studies more convenient, while others are distributing the items and strengthening their global market position. Some businesses are collaborating with hospitals to increase their revenue.

List of Top Mortuary Facility Companies

• KUGEL Medical GmbH & Co. KG (Germany)
• SM Scientific Instruments Pvt. Ltd (India)
• Thermo Fisher Scientific (U.S.)
• Mopec Inc. (U.S.)
• Funeralia GmbH (Germany)
• Flexmort (U.K.)

REPORT COVERAGE

The report's devoted part informs about the portable electric bike market impact of COVID-19 and its succeeding variant outbreaks on demand, supply, price, vendor uptake, and recommendations for long-term outcomes. The updated study contains insights, analyses, projections, and predictions for the portable electric bike market, considering the COVID-19 impact. The research profiles a report with extensive studies describing the firms in the market affecting the forecasting period. Detailed studies also offer a comprehensive analysis by inspecting factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.