Mortuary Equipment Market Performance and Future Outlook at 11.4% CAGR Through 2029
Uncover key drivers, emerging technologies, and competitive movements shaping the mortuary equipment market from 2025–2034 with trusted insights from The Business Research Company
What Is The Predicted Size Of The Mortuary Equipment Industry By 2029?
The mortuary equipment market has demonstrated robust growth over the past few years. This market is projected to expand from $1.11 billion in 2024 to $1.19 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.9%. Historically, this market’s expansion has been driven by factors such as healthcare infrastructure, population growth, the funeral industry, regulatory compliance, and natural disasters.
The mortuary equipment market is projected to experience substantial expansion over the upcoming years. Its valuation is anticipated to reach $1.82 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 11.4%. Several factors are driving this anticipated growth during the forecast period, including an aging population, the requirements of military and law enforcement, the rise in cremation services, increasing cultural diversity, and enhanced pandemic preparedness. Furthermore, significant developments expected in this period encompass green burial practices, the adoption of digital records and management systems, the use of remote autopsies, sustainable practices, and the integration of smart mortuary equipment.
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What Major Drivers Are Impacting The Mortuary Equipment Market?
Rising mortality rates are projected to fuel the expansion of the mortuary equipment market in the future. The mortality rate, also referred to as the death rate, quantifies the number of deaths within a specific region or timeframe. A surge in the death rate correspondingly escalates the need for mortuary equipment like body bags, mortuary stretchers, lifting carts, mortuary washing units, and autopsy tables, essential for preserving and storing deceased individuals. For example, research released by the American Cancer Society, a US-based health organization, indicated that in January 2022, the US was expected to see 609,360 cancer deaths and 1.9 million new cancer cases in 2022. This amounts to approximately 1,670 fatalities each day. Consequently, increasing mortality rates are a primary driver for the growth of the mortuary equipment market.
Which Segment Categories Are Driving Maximum Growth In The Mortuary Equipment Market?
The mortuary equipmentmarket covered in this report is segmented –
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
Subsegments:
1) By Refrigerators And Freezers: Single-Door Refrigerators, Double-Door Refrigerators, Freezers
2) By Autopsy and Dissection Tables: Hydraulic Autopsy Tables, Fixed Autopsy Tables, Dissection Tables
3) By Cadaver Lifts: Hydraulic Cadaver Lifts, Electric Cadaver Lifts
4) By Cadaver Trolleys: Manual Cadaver Trolleys, Electric Cadaver Trolleys
5) By Other Types: Embalming Machines, Storage Cabinets, Body Bags And Accessories
Which Long-Term Trends Will Play A Crucial Role In The Mortuary Equipment Market?
Leading firms within the mortuary equipment sector are employing strategic partnership strategies to introduce family funeral insurance offerings. These alliances involve businesses utilizing each other’s capabilities and resources for shared advantages and successful outcomes. An illustrative example occurred in April 2023, when Letshego Lesotho, an African financial services firm, collaborated with Alliance Insurance Company, a US-based insurance provider. This collaboration aims to unveil Lesotho’s accessible family funeral insurance product, known as the ‘Sekhele Funeral Plan’. Through this partnership, Letshego Lesotho and Alliance Insurance Company are enabling a greater number of Basotho citizens to access affordable funeral insurance services and a varied array of innovative products. For instance, the Sekhele Funeral Plan’s Family Cover requires a minimal monthly premium of just M41, offering compensation up to M100,000. The fundamental funeral insurance options for this plan are categorized into Bronze, Silver, Gold, and Platinum levels. Monthly premiums range from M41 to M103 for Member-only plans, while the Comprehensive Family Plan costs between M56 and M188.
Who Are The Dominant Players In The Mortuary Equipment Market Today?
Major companies operating in the mortuary equipment market include 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.
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Which Region Is At The Forefront Of Innovation In The Mortuary Equipment Market?
North America was the largest region in the mortuary equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mortuary equipment market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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