Mortuary Equipment Market

Mortuary equipment are the apparatus used in a mortuary for storing human corpses. Technological advancements and automation in mortuary procedures have led to the growth of the global mortuary equipment market in recent years. Factors such as high mortality rate and rising number of unclaimed bodies in morgues are expected to fuel the market growth. However, the development of anatomage table and high cost of mortuary equipment are likely to restrain the market growth over the forecast period.

The global mortuary equipment market is growing at a rapid pace and is expected to reach USD 1,282.81 million by 2024 from USD 890.93 million in 2018 and is expected to register a CAGR of 6.48% during the forecast period of 2019 to 2024. In 2018, the market was led by the Americas with a 37.2% share, followed by Europe and Asia-Pacific with shares of 32.1% and 23.6%, respectively.

The global mortuary equipment market has been segmented, on the basis of product type into refrigeration units, autopsy platform, dissection tables, cadaver lifts and trolleys, embalming workstation, and others. The refrigeration segment accounted for the largest market share of 26.0% in 2018, with a market value of USD 231.40 million, and is projected to register a CAGR of 4.25% during the forecast period.

The global mortuary equipment market has been segmented, based on end user into hospitals, academic institutions and research organizations, forensic laboratories, and others. Based on end user, the hospitals segment accounted for the largest market share of 40.6% in 2018, with a market value of USD 361.85 million, and is projected to register a CAGR of 7.61% over the assessment period.