Mortuary Equipment Market Scenario
Global Mortuary Equipment Market 2020, according to MRFR, is poised to mature at a CAGR of 6.48% to reach USD 12.82 billion by 2024.
Mortuary Equipment Market Highlights
During the evaluation period, high mortality rates, technical innovations, the modernization of mortuary operations, and the growing number of unclaimed bodies in morgues are expected to lead to demand development. The factors that are projected to drive the market during the forecast period are the rising number of morgues and the rising demand for automation in mortuary processes, including postmortem and corpse moving. Technological improvements have had a significant influence on the development of the mortuary equipment industry. It is expected that the advent of automated instruments such as autopsy platforms, dissection tables, and embalming platforms may increase demand for these instruments.
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Integration of hydraulics and mechatronics in these systems allows to improve professional comfort and reduce procedural scheduling and increase performance. Growing opportunities in the private healthcare industry have immense potential for an increase in hospital admissions, thereby increasing the number of morgues. Furthermore, the entry of private morgues, which often provide funeral services, is projected to play an important role during the forecast years in growing the market for these equipments.
The number of hospitals has grown over time, along with a growing population and demand for world-class facilities. The growth in the number of morgues is directly proportional to the increase in the number of hospitals, as most of the hospitals have mortaries. Moreover, the number of private morgues has increasingly risen in recent years as the death care sector offers tremendous potential for generating income in personalised funeral services. There is a high need for a selection of sizes for the best usage of floor space in morgues. It is expected that the substitution of conventional platforms with these innovative ones will play an important role in driving the development of the mortuary equipment industry.
However, during the forecast period, the advancement of the anatomy table and elevated mortuary equipment costs are likely to hinder market growth.
Mortuary Equipment Market Segmental Overview
The global Mortuary Equipment Market Companies by product type, has been segmented into cadaver lifts & trolleys, refrigeration units, embalming workstations, dissection tables, autopsy platforms, and others.
On the basis of end-user, the global mortuary equipment market has been segmented into forensic laboratories, academic institutes & research organizations, hospitals, and others.
Mortuary Equipment Market Regional Overview
Based on area, the global demand for mortuary equipment is split into the Americas, Europe , Asia-Pacific and Middle East & Africa.
The largest share of the global mortuary equipment industry is projected to be held by the Americas. This is due to the availability of a significant number of private mortaries, the replacement of redundant facilities and the growing demand in the area for mortuary facilities. Due to the rising need for improved storage of corpses for scientific and scholarly purposes, Europe has witnessed tremendous growth in the sector and the increasing demand in private morgues has resulted in a rise in mortuary equipment purchases.
Asia-Pacific is expected to be the world’s fastest growing region due to the vast number of private sector hospitals, including medical schools , technical innovations, and increasing investment by local players who export their goods at reasonable rates to developing countries. In 2018, Australia kept an 11.8 per cent share in the demand for mortuary equipment in Asia-Pacific. In addition, due to the growing usage of mortuary equipment in countries such as Egypt , Saudi Arabia and others, the Middle East & Africa market is expected to expand steadily due to the large number of cancer-related deaths observed in these regions, as mortuary equipment is needed in many processes.
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Mortuary Equipment Market Competitive Dashboard
The eminent players in the global mortuary equipment market are Ferno-Washington Inc. (US), KUGEL Medical GmbH & Co. KG (Germany), SM Scientific Instruments Pvt. Ltd (India), HYGECO (France), Mortech Manufacturing Company Inc. (US), Mopec Inc. (US), Barber of Sheffield (UK), EIHF Isofroid (France), Thermo Fisher Scientific (US), Funeralia GmbH (Germany), LEEC Limited (UK), Flexmort (UK) and others.
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Industry InsightsThe global mortuary equipment market size was valued at USD 678.7 million in 2016.
High demand for technology and automation in mortuary procedures such as post-mortem and shifting of cadavers as well as increasing number of morgue houses are expected to fuel the industry growth over the forecast period.In the recent years, a sharp rise in number of hospitals is observed due to the population growth, advancement in healthcare technology, rising incidences of chronic diseases and elevated healthcare expenditure by the government and individual.
The morgues numbers also rise with a large number of running hospitals.
The private morgues also mark their presence as the death industry came out as a revenue generated industry in past few years.
Due to the technology advancement and viability of floor space, the storage unit is available in different sizes from small-sized units for an infant to larger sizes for the obese.
The high demand for these equipment at private morgues and the popularity of customized storage units that assist the transfer of cadavers to its final ritual destination boost the segment growth in current the market.The other segments including the autopsy table is anticipated to grow at the fastest rate during the forecast period.
Jan 20, 2021: Industry InsightsThe global mortuary equipment market size was valued at USD 678.7 million in 2016.
High demand for technology and automation in mortuary procedures such as post-mortem and shifting of cadavers as well as increasing number of morgue houses are expected to fuel the industry growth over the forecast period.In the recent years, a sharp rise in number of hospitals is observed due to the population growth, advancement in healthcare technology, rising incidences of chronic diseases and elevated healthcare expenditure by the government and individual.
The morgues numbers also rise with a large number of running hospitals.
Due to the technology advancement and viability of floor space, the storage unit is available in different sizes from small-sized units for an infant to larger sizes for the obese.
The adoption of new technology, replacement of traditional techniques and equipment are the driving factors in market growth for this segment.Regional InsightsNorth America held the largest shares in 2015.
The rising numbers of morgue houses in private hospitals, medical colleges attribute the market growth and new market opportunities.
Market SynopsisAs per the analysis by Market Research Future Reports (MRFR), the global wireless mesh network market is estimated to value USD 8.50 billion by 2025 with a CAGR of 7.3% during the review period from 2019 to 2025.The increased demand for the intelligent transport systems and rising demand for a fast and strong network at the workplace are some of the important factors that are bringing an impact on the growth of wireless mesh network market 2020.
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However, privacy concerns and data security are the factors that obstruct the expansion of the global wireless mesh network market.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/7027Market Segmentation The global wireless network has been segregated on the basis of radio frequency, mesh design, component, end-user, application, and region.On the basis of radiofrequency, the global wireless network can be classified into the GHz band, 4.9 GHz band, 2.4 GHz band, and Sub 1 GHz band.On the basis of mesh design, the global wireless network can be classified into infrastructure wireless mesh and AD-HOC mesh.On the basis of components, the global wireless network can be classified into services, physical appliances, and platforms.On the basis of end-user, the global wireless network can be classified into government, transportation, and logistics, hospitality, smart cities, and smart warehouses, oil and gas, education, mining, healthcare, and other end users.On the basis of application, the global wireless network can be classified into smart manufacturing (logistics and supply chain management, predictive maintenance, workforce, and asset tracking, and other smart manufacturing applications), border security (GPS tracking), disaster management and public safety, smart building and home automation, telecommunication, smart mobility, video streaming and surveillance, and others.On the basis of region, the global wireless network can be classified into Europe, North America, the Middle East and Africa, and South America.Regional AnalysisThe regional analysis of Europe, North America, the Middle East, and Africa and South America has been performed.North America is leading the global wireless network owing to the existence of established organizations and the fast adoption of the latest technologies.
Moreover, the advent of the latest technologies such as network analytics, SaaS, IoT, cloud networking allows users to adopt wireless networking technologies for establishing a strong and low-cost network.
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