Global Mortuary Equipment Market to Reach US$0.3 bn by 2023
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Global</strong> <strong>Mortuary</strong> <strong>Equipment</strong> <strong>Market</strong> <strong>to</strong> <strong>Reach</strong><br />
<strong>US$0.3</strong> <strong>bn</strong> <strong>by</strong> <strong>2023</strong>, Technical Advancements <strong>to</strong><br />
Drive Growth<br />
<strong>Mortuary</strong> equipment are mostly utilized <strong>to</strong> ensure careful handling, s<strong>to</strong>rage and transportation of<br />
cadavers. With increasing technical sophistication, the efficacy and reliability of these equipment<br />
is enhanced, allowing a more effective and convenient preservation of bodies meant for clinical<br />
research or medical studies.<br />
The global market for mortuary equipment has witness steady growth in the recent past. The<br />
increasing need for effective and safe handling of corpses, preventing decomposition, for<br />
forensic examination or for academic or commercial research is fueling the demand for mortuary<br />
equipment globally. However, the high equipment cost may limit the market growth in the<br />
coming years. Though constant technical advancements in this field are likely <strong>to</strong> boost the<br />
market significantly over the forecast period.<br />
In addition <strong>to</strong> this, the increasing trend of au<strong>to</strong>mation is anticipated <strong>to</strong> present a lucrative<br />
opportunity <strong>to</strong> market participants. The large population base and high death rate in emerging<br />
economies are also encouraging these players <strong>to</strong> invest in these markets, thus substantially aiding<br />
the growth of the global mortuary equipment market.<br />
The report evaluates the global market for mortuary equipment on the basis of the product,<br />
application, and the region. Cadaver trolleys, cadaver lifts, au<strong>to</strong>psy and dissection tables, and<br />
refrigera<strong>to</strong>rs and freezers have been identified as the main products available in this market.<br />
The refrigera<strong>to</strong>rs and freezers segment dominated the overall market in 2014. However, analysts<br />
project the demand for cadaver lifts and trolleys <strong>to</strong> increase in the near future, enabling these<br />
segment <strong>to</strong> register the highest growth rate during the forecast period, states the research report.<br />
Research and academics, cultural activities, and forensics have been identified as the prime<br />
application areas of mortuary equipment, worldwide. The demand for mortuary equipment is the
highest in postmortem and forensic labs. Cadaver lifts and trolleys find significant application in<br />
cultural activities.<br />
The report identifies Europe, Asia Pacific, Latin America, North America, and the Middle East<br />
and Africa as the key regional markets for mortuary equipment across the world. In 2014, North<br />
America accounted for the largest revenue share in this market and was closely followed <strong>by</strong><br />
Europe. The introduction of portable devices with high efficiency has boosted the North America<br />
mortuary equipment market significantly in the past few years.<br />
The Asia Pacific mortuary equipment market is expected <strong>to</strong> witness a healthy rise during the<br />
forecast period, notes the study. The infrastructural development in the medical and healthcare<br />
industry is likely <strong>to</strong> propel this regional market over the coming years.<br />
The report also provides a holistic overview of the competitive landscape of the global market<br />
for mortuary equipment. According <strong>to</strong> it, the market is highly concentrated and capital-intensive.<br />
Thermo Fisher Scientific Inc., Mortech Manufacturing Inc., Mopec, LEEC UK, KUGEL Medical<br />
Gmbh & o. KG, Flexmort, and Ferno-Washing<strong>to</strong>n Inc. are the prime manufacturers of mortuary<br />
equipment mentioned in this study.<br />
About Us<br />
Transparency <strong>Market</strong> Research (TMR) is a global market intelligence company providing<br />
business information reports and services. The company’s exclusive blend of quantitative<br />
forecasting and trend analysis provides forward-looking insight for thousands of decision<br />
makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data<br />
sources and various <strong>to</strong>ols and techniques <strong>to</strong> gather and analyze information.<br />
TMR’s data reposi<strong>to</strong>ry is continuously updated and revised <strong>by</strong> a team of research experts so that<br />
it always reflects the latest trends and information. With extensive research and analysis<br />
capabilities, Transparency <strong>Market</strong> Research employs rigorous primary and secondary research<br />
techniques <strong>to</strong> develop distinctive data sets and research material for business reports.<br />
Contact Us<br />
Transparency <strong>Market</strong> Research<br />
State Tower,<br />
90 State Street,<br />
Suite 700,<br />
Albany NY - 12207
United States<br />
USA - Canada Toll Free: 866-552-3453<br />
Email: sales@transparencymarketresearch.com<br />
Website: http://www.transparencymarketresearch.com
Change language