Global Mortuary Refrigerator Market
Global Mortuary Equipment Market to reach USD $ billion by 2027.Global Mortuary Equipment Market is valued approximately at USD $ billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.5% over the forecast period 2021-2027
Mortuary equipment is used for autopsy, identification, transportation and storage of human corpses. This equipment is also utilized in the classroom. The morgue is a section of a hospital where human corpses are kept in sanitary conditions for inspection until burial. Trolleys, corpse trays, dissecting tables, embalming workstations and racking systems, refrigeration units and freezers are among the numerous types of mortuary equipment available in hospitals and morgues. The market growth is driven by Growing demand for automation in mortuary procedures and Increased Global Geriatric Population and Decrease in Life Expectancy.
According to Statista, In 2020, 23.2 percent of Italy’s entire population would be 65 or older. According to statistics, the proportion of old persons in Italian society has been steadily increasing in recent years. As a result, the proportion of young people has decreased in recent years. As a result, the average Italian age has increased. For example, it was 43.6 years in 2011 and is expected to reach 45.7 years in 2020. However, Cultural and Ethical Concerns Related to Post-mortem and Storage of Dead Bodies, may impede market growth over the forecast period of 2021-2027.
North America is dominating the market share owing to availability of large number of private mortuaries and hospitals and high adoption rate for technologically advanced products. Whereas, Asia pacific region is registered as the fastest growing region with the supporting factors such as rapidly rising number of hospitals in private sector hospitals, including medical colleges, replacement of traditional devices by advanced ones, and emergence of local players that export most of their products to the developed countries at affordable prices.
