A detailed analysis of the Global Mortuary Equipment Market 2023 is provided, including global, regional, and country-level market sizes, segmentation market growth, market share, competitive landscape, sales analysis, impact of domestic and global Mortuary Equipment Market players, value chain optimization, trade regulations, recent developments, strategic market growth analyses, product launches, expanding the area market, and technological advances.
An analysis of Mortuary Equipment’s growth rate, market share, market size, current and emerging trends, production and consumption ratios, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players is provided in the report, which has been segmented into key regions globally. This report provides a country-by-country analysis of the Mortuary Equipment market to give a clearer picture of its regional distribution and growth.
The Mortuary Equipment Market was valued at USD 1.45 Billion in 2022 and is expected to reach USD 2.51 Billion in 2032 registering a CAGR of 6.3% during the forecast period. The market revenue growth is primarily driven by various factors such as a rise in the number of deaths globally, the increasing demand for high-quality and efficient mortuary equipment, and the growing preference for advanced mortuary equipment in the healthcare sector.
In addition, the increasing adoption of advanced mortuary equipment in research and academic institutes for cadaver dissection and anatomy education is expected to drive the market growth during the forecast period.
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Market Overview:
In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.
Key Players covered in this report are
- Kugel Medical GmbH & Co. KG
- Leec Ltd.
- Thermo Fisher Scientific Inc.
- Mortech Manufacturing Company Inc.
- Ferno-Washington, Inc.
- Mortuary Lift Company, Inc.
- Mortuary Solutions
- MortuaryMall.com
Based on Product Type market is segmented into:
- Refrigeration Units
- Autopsy Platforms
- Dissection Tables
- Cadaver Lifts
- Others
Based on End use market is segmented into:
- Hospitals
- Research Centers
- Funeral Homes
- Others
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Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Strategic Development:
- In 2021, Thermo Fisher Scientific Inc. announced that it had completed the acquisition of Mesa Biotech, Inc., a privately held molecular diagnostic company, for approximately $450 million. The acquisition was aimed at expanding Thermo Fisher Scientific’s offerings in the molecular diagnostics market.
- In 2020, Leec Ltd. announced that it had signed a distribution agreement with MDT Medical Supplies GmbH, a medical device distributor based in Germany. The agreement was aimed at expanding Leec’s presence in the European market for mortuary equipment.
- In 2020, Kugel Medical GmbH & Co. KG announced that it had acquired the assets of The Brewer Company, LLC, a U.S. manufacturer of medical equipment. The acquisition was aimed at expanding Kugel Medical’s offerings in the U.S. market for mortuary equipment.
Major Points covered in this report are as below:
- An analysis of Mortuary Equipment industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
- In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
- In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
- This report provides information on the market status of Mortuary Equipment manufacturers and provides valuable insight into the market for companies and individuals.
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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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