Mortuary Refrigerator Market - Size and Forecast [2021-2031]
The Mortuary Refrigerator Market is expected to register a CAGR of 3.7% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by By Type ( Temporary Storage Refrigerators, Body Freezers ); Applications ( Forensic, Clinical, Others ). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Mortuary Refrigerator Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Mortuary Refrigerator Market Segmentation
Type- Temporary Storage Refrigerators
- Body Freezers
- Forensic
- Clinical
- Others
Strategic Insights
Mortuary Refrigerator Market Growth Drivers- Increasing Demand for Mortuary Services: A growing number of elderly, and growing mortality, raises the demand for mortuaries' proper refrigeration facilities. The increased demand for professional management of deceased human bodies by mortuaries coupled with the use of advance mortuary refrigerators to preserve the remains supports the expanding market.
- Enhanced Regulatory Standards: Mortuary refrigerators with better regulation regarding the correct storing and handling of dead bodies is enforcing a greater impact on the mortuary refrigerators' market. Governments and health authorities have set up many guidelines, which include strict temperature control to prevent decomposition and maintain cleanliness. For this reason, most funeral homes and mortuaries will come under the realization to adopt well-quality compliant refrigeration systems.
- Technological Advancements in Refrigeration: Expansion of mortuary refrigerator through innovation in refrigeration technology. The modern refrigerators are advanced for better temperature control, energy efficiency, and ease of operation. However, it reduces the operating costs of funeral homes when the refrigerators ensure effective storage of bodies. There will be ongoing demand for high-tech mortuary refrigerators by facilities because they replace their equipment.
- Shift Towards Eco-Friendly Solutions: Going green has been a notable trend in the mortuary refrigerator market. Companies are designing and developing refrigerators that will consume very little energy and use eco-friendly materials. At present, this development corresponds to the emerging requirement of undertakers for sustainability and low energy use but does come with reduced operational costs over the long term for the funeral home.
- Customization and Modular Designs: The mortuary refrigerator market has seen the rise of a new trend in the form of customization and modular designs, which allow service providers to design refrigeration solutions according to actual needs. The modular units can be added or redesigned according to space and capacity demands; this flexibility is helpful for different workloads and upgrades the operational efficiency of mortuaries, thus making customized refrigerators popular in services.
- Integration of Smart Technology: The addition of smart technology to mortuary fridges has further moulded the market through higher visibility within monitoring and management. Some of the added features include remote temperature monitoring, alert notification on any variation, and automatic reporting, which increase the reliability and safety of body storage. In this regard, funeral homes would be interested in optimizing their operations and then be sure of compliance, which explains why smart mortuary refrigeration systems have attracted much attention.
- Shift Towards Eco-Friendly Solutions: Going green has been a notable trend in the mortuary refrigerator market. Companies are designing and developing refrigerators that will consume very little energy and use eco-friendly materials. At present, this development corresponds to the emerging requirement of undertakers for sustainability and low energy use but does come with reduced operational costs over the long term for the funeral home.
- Customization and Modular Designs: The mortuary refrigerator market has seen the rise of a new trend in the form of customization and modular designs, which allow service providers to design refrigeration solutions according to actual needs. The modular units can be added or redesigned according to space and capacity demands; this flexibility is helpful for different workloads and upgrades the operational efficiency of mortuaries, thus making customized refrigerators popular in services.
- Integration of Smart Technology: The addition of smart technology to mortuary fridges has further moulded the market through higher visibility within monitoring and management. Some of the added features include remote temperature monitoring, alert notification on any variation, and automatic reporting, which increase the reliability and safety of body storage. In this regard, funeral homes would be interested in optimizing their operations and then be sure of compliance, which explains why smart mortuary refrigeration systems have attracted much attention.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Mortuary Refrigerator Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Mortuary Refrigerator Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Asia Pacific region dominated the mortury refrigerator market in 2023
The clinical segment accounts for highest revenue in application sgement in 2023
Barber Medical, EIHF Isofroid, EVERmed, Fiocchetti, KUGEL medica, lLEEC, Mopec, Mortech Manufacturing, Paragon care Ltd.Thermo Fisher Scientific are are some of the major market players operating in the market
North America region dominated the mortury refrigerator market in 2023
The Mortuary Refrigerator Market is estimated to witness a CAGR of 3.7% from 2023 to 2031
The major factors driving the mortury refrigerator market are:
1.Increasing Demand for Mortuary Services
2. Enhanced Regulatory Standards
3. Technological Advancements in Refrigeration
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Mortuary Refrigerator Market - By Type
1.3.2 Mortuary Refrigerator Market - By Applications
1.3.3 Mortuary Refrigerator Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MORTUARY REFRIGERATOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MORTUARY REFRIGERATOR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. MORTUARY REFRIGERATOR MARKET - GLOBAL MARKET ANALYSIS
6.1. MORTUARY REFRIGERATOR - GLOBAL MARKET OVERVIEW
6.2. MORTUARY REFRIGERATOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MORTUARY REFRIGERATOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. TEMPORARY STORAGE REFRIGERATORS
7.3.1. Overview
7.3.2. Temporary Storage Refrigerators Market Forecast and Analysis
7.4. BODY FREEZERS
7.4.1. Overview
7.4.2. Body Freezers Market Forecast and Analysis
8. MORTUARY REFRIGERATOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATIONS
8.1. OVERVIEW
8.2. APPLICATIONS MARKET FORECASTS AND ANALYSIS
8.3. FORENSIC
8.3.1. Overview
8.3.2. Forensic Market Forecast and Analysis
8.4. CLINICAL
8.4.1. Overview
8.4.2. Clinical Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. MORTUARY REFRIGERATOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Mortuary Refrigerator Market Overview
9.1.2 North America Mortuary Refrigerator Market Forecasts and Analysis
9.1.3 North America Mortuary Refrigerator Market Forecasts and Analysis - By Type
9.1.4 North America Mortuary Refrigerator Market Forecasts and Analysis - By Applications
9.1.5 North America Mortuary Refrigerator Market Forecasts and Analysis - By Countries
9.1.5.1 United States Mortuary Refrigerator Market
9.1.5.1.1 United States Mortuary Refrigerator Market by Type
9.1.5.1.2 United States Mortuary Refrigerator Market by Applications
9.1.5.2 Canada Mortuary Refrigerator Market
9.1.5.2.1 Canada Mortuary Refrigerator Market by Type
9.1.5.2.2 Canada Mortuary Refrigerator Market by Applications
9.1.5.3 Mexico Mortuary Refrigerator Market
9.1.5.3.1 Mexico Mortuary Refrigerator Market by Type
9.1.5.3.2 Mexico Mortuary Refrigerator Market by Applications
9.2. EUROPE
9.2.1 Europe Mortuary Refrigerator Market Overview
9.2.2 Europe Mortuary Refrigerator Market Forecasts and Analysis
9.2.3 Europe Mortuary Refrigerator Market Forecasts and Analysis - By Type
9.2.4 Europe Mortuary Refrigerator Market Forecasts and Analysis - By Applications
9.2.5 Europe Mortuary Refrigerator Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Mortuary Refrigerator Market
9.2.5.1.1 Germany Mortuary Refrigerator Market by Type
9.2.5.1.2 Germany Mortuary Refrigerator Market by Applications
9.2.5.2 France Mortuary Refrigerator Market
9.2.5.2.1 France Mortuary Refrigerator Market by Type
9.2.5.2.2 France Mortuary Refrigerator Market by Applications
9.2.5.3 Italy Mortuary Refrigerator Market
9.2.5.3.1 Italy Mortuary Refrigerator Market by Type
9.2.5.3.2 Italy Mortuary Refrigerator Market by Applications
9.2.5.4 Spain Mortuary Refrigerator Market
9.2.5.4.1 Spain Mortuary Refrigerator Market by Type
9.2.5.4.2 Spain Mortuary Refrigerator Market by Applications
9.2.5.5 United Kingdom Mortuary Refrigerator Market
9.2.5.5.1 United Kingdom Mortuary Refrigerator Market by Type
9.2.5.5.2 United Kingdom Mortuary Refrigerator Market by Applications
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Mortuary Refrigerator Market Overview
9.3.2 Asia-Pacific Mortuary Refrigerator Market Forecasts and Analysis
9.3.3 Asia-Pacific Mortuary Refrigerator Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Mortuary Refrigerator Market Forecasts and Analysis - By Applications
9.3.5 Asia-Pacific Mortuary Refrigerator Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Mortuary Refrigerator Market
9.3.5.1.1 Australia Mortuary Refrigerator Market by Type
9.3.5.1.2 Australia Mortuary Refrigerator Market by Applications
9.3.5.2 China Mortuary Refrigerator Market
9.3.5.2.1 China Mortuary Refrigerator Market by Type
9.3.5.2.2 China Mortuary Refrigerator Market by Applications
9.3.5.3 India Mortuary Refrigerator Market
9.3.5.3.1 India Mortuary Refrigerator Market by Type
9.3.5.3.2 India Mortuary Refrigerator Market by Applications
9.3.5.4 Japan Mortuary Refrigerator Market
9.3.5.4.1 Japan Mortuary Refrigerator Market by Type
9.3.5.4.2 Japan Mortuary Refrigerator Market by Applications
9.3.5.5 South Korea Mortuary Refrigerator Market
9.3.5.5.1 South Korea Mortuary Refrigerator Market by Type
9.3.5.5.2 South Korea Mortuary Refrigerator Market by Applications
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Mortuary Refrigerator Market Overview
9.4.2 Middle East and Africa Mortuary Refrigerator Market Forecasts and Analysis
9.4.3 Middle East and Africa Mortuary Refrigerator Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Mortuary Refrigerator Market Forecasts and Analysis - By Applications
9.4.5 Middle East and Africa Mortuary Refrigerator Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Mortuary Refrigerator Market
9.4.5.1.1 South Africa Mortuary Refrigerator Market by Type
9.4.5.1.2 South Africa Mortuary Refrigerator Market by Applications
9.4.5.2 Saudi Arabia Mortuary Refrigerator Market
9.4.5.2.1 Saudi Arabia Mortuary Refrigerator Market by Type
9.4.5.2.2 Saudi Arabia Mortuary Refrigerator Market by Applications
9.4.5.3 U.A.E Mortuary Refrigerator Market
9.4.5.3.1 U.A.E Mortuary Refrigerator Market by Type
9.4.5.3.2 U.A.E Mortuary Refrigerator Market by Applications
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Mortuary Refrigerator Market Overview
9.5.2 South and Central America Mortuary Refrigerator Market Forecasts and Analysis
9.5.3 South and Central America Mortuary Refrigerator Market Forecasts and Analysis - By Type
9.5.4 South and Central America Mortuary Refrigerator Market Forecasts and Analysis - By Applications
9.5.5 South and Central America Mortuary Refrigerator Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Mortuary Refrigerator Market
9.5.5.1.1 Brazil Mortuary Refrigerator Market by Type
9.5.5.1.2 Brazil Mortuary Refrigerator Market by Applications
9.5.5.2 Argentina Mortuary Refrigerator Market
9.5.5.2.1 Argentina Mortuary Refrigerator Market by Type
9.5.5.2.2 Argentina Mortuary Refrigerator Market by Applications
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MORTUARY REFRIGERATOR MARKET, KEY COMPANY PROFILES
11.1. BARBER MEDICAL
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. EIHF ISOFROID
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EVERMED
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FIOCCHETTI
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. KUGEL MEDICAL
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. LEEC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MOPEC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MORTECH MANUFACTURING
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. PARAGON CARE LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THERMO FISHER SCIENTIFIC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Barber Medical
2. EIHF Isofroid
3. EVERmed
4. Fiocchetti
5. KUGEL medical
6. LEEC
7. Mopec
8. Mortech Manufacturing
9. Paragon care Ltd.
10. Thermo Fisher Scientific
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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