Mortuary Market Size, Share, Growth, Trends, and Global Industry Analysis: By Products (Trolleys, Refrigeration Units, Autopsy Platforms and Equipment, Embalming Workstation, Dissection Table, Bags, Other Accessories), By End-Use (Hospital, Morgue, Others) and Region  

Mortuary Market size was valued at US$ 1.265.2 million in 2023 and is poised to grow at a CAGR of 6.3% CAGR from 2024 to 2030. Mortuaries are places where dead bodies are preserved and stored for examining autopsies or for educational and research purposes. Several types of equipment are used in mortuaries for preservation and keeping the corpses for research and education. The markets growth is primarily driven by the high mortality rate worldwide and the morgues unclaimed bodies. Apart from this, as the work environment is not very pleasant in mortuaries, the demand for automated machines increasing that can aid in doing the work of multiple workers easily and making investments for more technological advancements are some other factors that support propel the market growth.  Furthermore, the key companies in this market are also launching many new technological advancements in various products that are most likely to push the market growth over the forecast period. Some factors that can obstruct the market growth rate is the mortuary products high cost. COVID-19 also disrupted the market flow with the lockdown in most of the regions and disrupted the supply chains.

Many challenges have arisen in the path of the market growth owing to insufficient funding and investment to research and provide technological advancement in some regions. Moreover, innovations, such as automation techniques and technological advancements to do the work very fast and save time can overcome those challenges. Since the COVID-19 pandemic, the body count in morgues has increased a lot with the increasing death rate across the globe. It made the work of the morgues much harder and rising the need for automation techniques and technological advancement to work very fast in lesser duration of time. Thus, with technological advancement in mortuary products will give us a chance to expand the market in upcoming years.