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Mortuary Equipment Global Market Poised to Achieve Significant Growth by 2025: A Comprehensive Study on Key Trends and Players
Mortuary Equipment Global Market
Addressing the clear rise on the horizon: An analysis of the global mortuary equipment market growth and key contributors
What Is The Projected Market Size Of The Global Mortuary Equipment Global Market Report 2025 And Its Growth Rate?
• The mortuary equipment market has significantly escalated and will soar from $1.11 billion in 2024 to $1.2 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%.
• This growth is largely attributed to the strengthening healthcare infrastructure, demographic growth, the funeral industry, regulatory compliance, and natural disasters.
• The market is set for a breathtaking upshot, heading for $1.86 billion in 2029 at a CAGR of 11.7%.
• Factors fostering this forecast period growth include the ageing population, military and law enforcement, cremation services, cultural diversity, and pandemic preparedness.
What Is Driving The Growth In The Mortuary Equipment Global Market Report 2025?
The rise in mortality rates serves as the underlying accelerator for the mortuary equipment market's growth. The mortality rate is the metric of the deaths in a particular location or timeframe. As mortality rates surge, the demand for mortuary equipment, crucial in preserving and storing the deceased, escalates in tandem. For instance, research by the American Cancer Society reveals that in 2022, the US is set to witness approximately 1,670 deaths each day, totaling 609,360 cancer deaths and 1.9 million new cancer cases. This mortality rate increase is a keen driver for the mortuary equipment market's growth.
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Who Are the Key Players Driving Mortuary Equipment Global Market Report 2025 Growth?
The following major companies are fueling growth in the mortuary equipment market:
• Ferno-Washington Inc.
• Flexmort
• LEEC Limited
• Mortech Manufacturing Company Inc.
• Kugel Medical GmbH & Co. KG
• EIHF Isofroid
• Hygeco
• S.M. Scientific Instruments Pvt. Ltd.
• Mopec Inc.
• Barber of Sheffield Ltd.
• C.F. di Ciro Fiocchetti & C. s.n.c
• Mortuary Lift Company
• Funeralia GmbH
• Span Surgical Co.
• Thalheimer Kühlung GmbH & Co. KG
• Roftek Ltd.
• Thermo Fisher Scientific Inc.
• Hickey & Co.
• SOVA Motion
• Shandon Inc.
• Mortuary & Cemetery Supply Co.
• Jiangsu Saikang Medical Equipment Co. Ltd.
• American Crematory Equipment Co.
• B&L Cremation Systems Inc.
• C.F. Weber Co. Inc.
• Coldspring
• Crescent Memorial
• Custom Air Trays
• DFW Europe
• Eckels
• Funeral Source One
• GEM Scientific Inc.
What Are The Key Trends In The Mortuary Equipment Global Market Report 2025?
Key market trends include:
• Green burial practices
• Digital records and management
• Remote autopsies
• Sustainable practices
• Smart mortuary equipment
What Are The Segments Of The Global Mortuary Equipment Global Market Report 2025?
The mortuary equipment market is segmented into the following categories:
1) By Product Type: Refrigerators And Freezers, Autopsy And Dissection Tables, Cadaver Lifts, Cadaver Trolleys, Other Types
2) By Application: Manual, Automated
3) By End User: Hospitals, Academic Institutions, Research Organizations, Forensic Laboratories, Other End-Users
Which Region Leads The Mortuary Equipment Global Market Report 2025?
North America was the major player in the mortuary equipment market in 2024, with Asia-Pacific emerging as the fastest-growing region in the forecast period. The mortuary equipment market report comprehensively covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Mortuary Equipment Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Mortuary Equipment Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Mortuary Equipment Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Mortuary Equipment Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Mortuary Equipment Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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