Morgue Refrigerator Market Share, Insight, Report, Trends, Analysis, & Forecast

SKU: DM4001 | Last Updated On: Apr 15 2022 | Available Formats

> Global Morgue Refrigerator Market Market Expected to reach a high CAGR By 2029: DataM Intelligence

Global Morgue Refrigerator Market is segmented By Product Type(Front Loading Morgue Refrigerator & Side Loading Morgue Refrigerator), By Capacity(Two Body Morgue Refrigerator, One Body Morgue Refrigerator, Three Body Morgue Refrigerator, Four Body Morgue Refrigerator, Six Body Morgue Refrigerator, Nine Body Morgue Refrigerator, Twelve Body Morgue Refrigerator, Fifteen Body Morgue Refrigerator & Others), By End-User(Hospitals, Academic and Research Institutes & Forensic Laboratories), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

The "Global Morgue Refrigerator Market" is predicted to reach at a high CAGR during the forecast period (2022-2029).

A morgue refrigerator is used for storage of the human corpses at low temperatures to avoid decomposition. The temperature within a morgue refrigerator is maintained between -2 and -5 C to avoid the decomposition of corpses. Morgue refrigerators are made from stainless steel and, therefore, have an extended lifetime.

 

Market Dynamics

The global morgue refrigerator market growth is driven by the growing number of cancer patients and cancer-related research, increasing organ transplants, and growing demands for automation in mortuary procedures. the rising incidence rate of road accidents across the globe.

Increasing organ transplants is expected to drive the market growth

According to the U.S. Department of Health & Human Services, in 2019, around 43,201 patients were waiting for kidney transplants in the U.S. However, only 23,401 kidney transplant procedures were performed. According to World Health Organization (WHO) Global Observatory on Donation and Transplantation, in 2014, an estimated 119,873 organs were transplanted annually.

Lack of awareness about the equipment is likely to hamper the market growth

The minimal awareness about mortuary equipment and fluctuating raw materials prices, lack of healthcare infrastructure in underdeveloped and developing economies and substituting products for mortuary refrigerators hinder the market growth.

COVID-19 Impact Analysis

The Covid-19 outbreak in December 2021, which swarmed the entire globe in 2020, has left several economies in a dire state. With WHO issuing a public health emergency and over 40 countries declaring a state of emergency, industries, including the global morgue refrigerator market, are facing many challenges. Travel bans and quarantines, halt of indoor/outdoor activities, temporary shutdown of business operations, supply-demand fluctuations, stock market volatility, falling business assurance, and many uncertainties negatively impact the business dynamics.

Segment Analysis

The front-loading morgue refrigerators segment are expected to hold the largest share in this market segment

Due to the increasing interest in research on the human body at research and academic institutes. Manufacturers of morgue refrigerators emphasize collaborating with hospitals directly to upsurge their sales. The availability of morgue refrigerators with different capacities allows hospitals to purchase one as per their need. Front-loading morgue refrigerators are expected to gain the maximum market share, owing to the high demand for these from hospitals.

The two-body morgue refrigerators segment are expected to hold the largest share in this market segment

Two body morgue refrigerator segment holds the largest share of the market owing to the drop-in self-contained refrigeration system with digital thermometer and easy to adjust temperature controller, heavy-duty chrome-plated hardware for long-lasting use and unit ships fully assembled; plug unit into an outlet and the unit is operational.

The hospital segment is expected to hold the largest share in this market segment

The hospital segment is expected to dominate the morgue refrigerator market by value due to the high installation of morgue refrigerators in hospitals and the rise in the number of hospitals due to ongoing urbanization. Moreover, an increasing number of geriatric populations with health-related problems. According to the United Census Bureau, the global-female-geriatric population will reach 4,139 million by 2030 from 3,601 million in 2015.

 

Geographical Analysis

North America region holds the largest market share of the global morgue refrigerator market

North America is expected to dominate the global morgue refrigerator market due to the rise in road accidents in this region. More academic institutes also require morgue refrigerators as bodies are stored so students and researchers may study the human body structure.  Furthermore, the presence of developed economies and regulations by various authorities in the healthcare sector within the region boosts the market growth.

 

Competitive Landscape

The global morgue refrigerator market is highly competitive with the presence of global companies.  Some of the key players which are contributing to the growth of the market include LEEC, Hygeco, Paragon scares Ltd., Mortech Manufacturing Bally Refrigerated Boxes, Barber Medical, CEABIS, EIHF Isofroid, EVERmed, Fiocchetti and Funeralia. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the market globally.

Morgue Refrigerator Market Key Companies to Watch

Funeralia

Overview: Mortech Manufacturing Company, Inc. provides postmortem equipment and instruments to a wide range of facilities since 1985. The Company offers laboratory and prep room accessories, dissecting instruments, autopsy and embalming stations, body transporters and trays, cadaver handling and storage, custom equipment, and other related instruments. Mortech Manufacturing serves customers in the United States.

Product Portfolio: The company is serving the pathology, autopsy, necropsy, veterinary, morgue and mortuary industries.

Why Purchase the Report?

  • Visualize the composition of the morgue refrigerator market segmentation by product type, capacity, end-user and region highlighting the key commercial assets and players.
  • Identify commercial opportunities in the morgue refrigerator market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of morgue refrigerator market-level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players

The global morgue refrigerator market report would provide access to an approx. 40+ market data table, 45+ figures and 180 pages. 

Target Audience

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

 

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