USD 73 million
Mortuary Refrigerator Market Size, Share, Growth Analysis, By Product Type(Positive Temperature and Negative Temperature), By Application(Corpses Storage and Forensic Investigation), By End User(Forensic Labs, Research & Academics, Funeral Homes, Hospital & Clinics and Others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35A2863 |
Region:
Global |
Published Date: April, 2024
Pages:
221
|Tables:
87
|Figures:
70
Mortuary Refrigerator Market Insights
Global Mortuary Refrigerator Market size was valued at USD 73 million in 2022, USD 75.48 million in 2023 and is projected to grow USD 95.39 billion by 2031, growing at a CAGR of 3.4% in the forecast period (2024-2031).
The most widely utilized item in the entire mortuary equipment market is mortuary refrigerators. These refrigerators come with many features, like many chambers and a temperature-adjustable knob. There are mortuary refrigerators with both positive and negative temperature capabilities. While mortuary refrigerators with negative temperatures are used to store bodies by freezing them and halting degradation for an extended length of time, positive temperature refrigerators slow down the decomposition process of dead bodies for a certain amount of time. Part of the reason for the higher market share is the growing desire for automation in mortuary operations due to technological advancements.
Hospitals utilize mortuary coolers to store deceased patients to comply with hygienic regulations. Growing numbers of cancer patients and cancer-related research, an increase in organ transplants, and an increase in the need for automation in mortuary procedures are the main reasons driving the market's rise. In addition, the growing elderly population is propelling the market. The market expansion is hampered, meanwhile, by a lack of knowledge about mortuary equipment, shifting raw material prices, and products that might be used in place of mortuary refrigerators.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Corpses storage
Fastest Growth
Forensic investigation
Growth Rate
3.4% CAGR
Global Mortuary Refrigerator Market ($ Bn)
Country Share for North America (%)
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Mortuary Refrigerator Market Segmental Analysis
The global mortuary refrigerator market is segmented based on product type, application, end user and regional type. In terms of product type, the market is bifurcated into positive temperature and negative temperature. Based on application, the market is bifurcated into corpses storage and forensic investigation. Based on end user, the market is bifurcated into forensic labs, research & academics, funeral homes, hospital & clinics and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. The market expansion for mortuary refrigerators has been aided by application segmentation.
Analysis by Application
As per categorization by application, the market is classified into corpses storage and forensic investigation. Among these, corpses storage earned the largest share and continues to dominate the market. The developments in materials, energy efficiency, and refrigeration technology are driving innovation in the storage of corpses, which is driving the global mortuary refrigerator market. To satisfy the various requirements of mortuaries and forensic facilities across the globe, manufacturers are incorporating features like temperature control systems, modular designs, and improved insulation. Furthermore, there is a growing movement in favor of adopting ecologically responsible solutions, which is driving the creation of eco-friendly refrigeration systems that use natural refrigerants and energy-saving techniques.
The growing need for cutting-edge storage solutions to preserve forensic evidence is expected to propel forensic investigation to become the segment in the global mortuary refrigerator market with the fastest rate of growth. A greater need exists for mortuary refrigerators that can safely store biological samples and human remains for extended periods of time, especially as crime rates grow and forensic science plays an increasingly crucial role in criminal investigations. The integrity of evidence is further ensured by technological improvements like temperature monitoring systems and better insulation, which is why forensic labs all over the world are adopting specialized refrigeration units.
Analysis by End User
The specific needs of forensic labs are progressively being catered for in the global mortuary refrigerator market. To protect the integrity and preservation of forensic evidence, manufacturers are creating refrigeration units with cutting-edge features including precise temperature control, programmable shelving, and secure access procedures. These specialist freezers are essential to preserving the chain of custody for human remains and biological materials, which helps with precise forensic analysis and boosts the effectiveness of criminal investigations.
Due to many factors, the research and academics, funeral homes, hospitals, clinics, and other sectors are expected to grow at the fastest rate in the global mortuary refrigerator market. First, more study in medicine and forensic sciences requires the storage of biological materials, which calls for specialized refrigeration solutions. Second, to preserve departed people in a dignified and clean manner, funeral homes, hospitals, and clinics need effective refrigeration equipment. The need for mortuary freezers to safely keep biological materials and medical samples is also being driven by new applications in sectors like biotechnology and pharmaceuticals.
Global Mortuary Refrigerator Market By Application (%)
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Mortuary Refrigerator Market Regional Insights
On account of the rise in cancer cases and cancer-related research, coupled with the rise in the number of elderly people experiencing health issues, and the existence of significant market participants in the region, North America leads the world market for mortuary refrigerators. The existence of developed economies and laws enacted by different agencies in the healthcare sector within the region also contribute to the growth of the market. Europe was thought to be in second place in the mortuary refrigerator market. The industry is growing because of hospitals and forensic labs needing more mortuary refrigerators to preserve bodies while they conduct investigations. These devices are also used to keep whole donated bodies for medical research, which are utilized in medical schools to instruct students on human anatomy.
The mortuary refrigerator market grew at the quickest rate in Asia Pacific in 2021. The market is developing due to factors like growing awareness of the cutting-edge and inventive mortuary refrigerators and the growing regulations and policies by various authorities about hospital hygiene. Conversely, the Middle East and Africa have the lowest market share in the mortuary refrigerator industry because of a lack of knowledge about sophisticated mortuary practices and mortuary refrigerators, which is impeding the region's market expansion.
Global Mortuary Refrigerator Market By Geography
- Largest
- Fastest
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Mortuary Refrigerator Market Dynamics
Drivers
Technological Progress
- The global mortuary refrigerator market is shaped in large part by technological improvements. To improve mortuary refrigerator performance, efficiency, and dependability, manufacturers are always coming up with new ideas. These developments include the incorporation of temperature monitoring systems, enhanced insulating materials, and the creation of cooling processes that use less energy. These advancements enhance the general effectiveness and usefulness of mortuary facilities while also guaranteeing the preservation of biological samples and human remains under ideal conditions.
The Need for Forensic Investigation is Growing
- The global market for mortuary refrigerators is expanding due in large part to the growing need for forensic investigation services. Specialised refrigeration units are increasingly necessary to retain and preserve forensic evidence as crime rates rise and forensic science becomes more prominent in criminal investigations. The need for forensic laboratories and facilities around the world to maintain the integrity and chain of custody of biological specimens and human remains is fuelled by the need for mortuary refrigerators with cutting-edge features like precise temperature control and secure access protocols.
Restraints
Regulatory Compliance Difficulties
- A notable obstacle for the worldwide mortuary refrigerator industry is the intricate regulatory framework that oversees the preservation and management of biological material and human remains. For makers and owners of mortuary refrigerators, adhering to strict laws and guidelines enforced by government organisations and health authorities presents difficulties. Market growth may be impacted by the need to make expensive investments in R&D and certification procedures to meet these standards.
Expensive Initial Outlay
- The high initial investment costs involved with purchasing and installing mortuary refrigeration equipment are another barrier impeding the growth of the global mortuary refrigerator market. To guarantee the correct preservation of biological samples and human remains, these units frequently need to include advanced features and are specialised. Because of this, the initial outlay of money needed to purchase mortuary refrigerators can be high, especially for small-scale mortuaries, forensic facilities, and healthcare organisations with tight budgets. This hinders the expansion of the industry.
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Mortuary Refrigerator Market Competitive Landscape
Key industry players have a major impact on the mortuary refrigerator market. They are essential in determining market dynamics and influencing consumer preferences. These major firms provide consumers easy access to a vast array of clothing alternatives through their huge retail networks and online platforms. Product adoption has increased because of their strong worldwide presence and well-known brand, which has also enhanced consumer trust and loyalty. In addition, these industry titans never stop funding R&D, bringing cutting-edge styles, materials, and practical functions to clothing collections to meet changing customer demands and tastes. These big businesses' combined efforts have a big impact on the market's future direction and level of competition.
Top Player’s Company Profiles
- Bally Refrigerated Boxes (US)
- Funeralia Thermo Fisher Scientific (Italy)
- EIHF Isofroid (France)
- Barber Medical (UK)
- LEEC (UK)
- Paragon Care Ltd. (Australia)
- CEABIS (Italy)
- EVERmed, Hygeco (Italy)
- Mortech Manufacturing (US)
- Fiocchetti (Italy)
- Mopec (US)
- Muller (Germany)
- Stericox (India)
- SILVERMIST (US)
Recent Developments
- In December 2023, A new range of mortuary refrigerators with sophisticated temperature control systems and enhanced insulation was unveiled by Thermo Fisher Scientific to guarantee the exact preservation of biological material and human remains. These refrigerators meet the various needs of forensic labs, hospitals, and funeral homes all over the world with their energy-efficient designs and adaptable layouts.
- In August 2022, A line of mortuary refrigerators with improved security features, such as biometric access control and remote monitoring capabilities, was introduced by Hygeco under the brand name EVERmed. These freezers offer forensic facilities and mortuaries dependable storage options while guaranteeing the privacy and integrity of forensic evidence and preserved human remains. The sophisticated security measures help to ensure the smooth functioning of the mortuary while providing operators with peace of mind.
- In June 2023, A new line of mortuary freezers from Bally Refrigerated Boxes is equipped with Internet of Things (IoT) technology for remote operation and real-time monitoring. By enabling mortuary operators to monitor temperature levels, receive alerts for maintenance issues, and access data remotely via computer interfaces or mobile devices, these smart refrigeration machines improve efficiency and convenience. Bally's dedication to innovation and satisfying the changing demands of the funerary industry is shown in this breakthrough.
Mortuary Refrigerator Key Market Trends
- Advancing Demand: The increasing number of deaths occurring globally is driving more demand for mortuary refrigerators. With an increasing population and longer life expectancies, there is an urgent need for quality mortuaries. Modern mortuary refrigerators come equipped with advanced features like improved temperature control, energy efficiency, and more storage space thanks to technological developments. This has led to a shift in demand for state-of-the-art, very technologically sophisticated mortuary refrigeration solutions. In tandem with the growth in demand for mortuary refrigerators, awareness of the significance of the proper body garage and renovation has increased. This is typically the case in areas where regulations and standards regarding mortuary facilities are strengthened.
- Emerging Markets and E-Commerce: Growing areas now make up a sizable portion of the mortuary refrigerator market. The demand for appropriate frame storage solutions is rising in such areas as healthcare infrastructure develops, providing producers with new opportunities. The distribution channels for mortuary refrigerators are being impacted by the growth of internet purchasing. E-trade platforms are becoming more and more popular as a practical means for end customers to research and purchase these niche goods. Beyond their practical use, mortuary refrigerators' attractive design and aesthetic appeal are becoming more widely recognized. There is increased cooperation in the market between local and foreign firms.
Mortuary Refrigerator Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global mortuary refrigerator market is driven by technological advancements, as manufacturers constantly innovate to improve performance and efficiency through features like temperature monitoring systems and better insulation materials. Additionally, the market is responding to the growing importance of forensic science in criminal investigations by increasing demand for forensic investigation services, which in turn drives the need for specialized refrigeration units with advanced features to preserve and retain forensic evidence. The global mortuary refrigerator industry faces significant challenges in developing and obtaining certification procedures due to stringent regulatory compliance. Additionally, the high initial costs of specialized features required for the proper preservation of biological samples and human remains impede market expansion, especially for smaller facilities with limited budgets.
The mortuary refrigerator market is shaped in large part by key industry players who use their vast retail networks and online platforms to influence consumer preferences. They also use their well-known brands and strong global presence to build consumer trust and loyalty. Finally, their ongoing investment in research and development allows them to introduce cutting-edge features and materials in response to changing customer demands, which in turn shapes the market's future and level of competition. Global mortality rates are rising, which is driving up demand for mortuary refrigerators and changing consumer preferences to more technologically advanced options. Meanwhile, emerging markets are becoming major players in the market due to rising demand for frame storage solutions and the emergence of e-commerce platforms, which are reshaping distribution channels and encouraging cooperation between domestic and foreign businesses.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 73 million |
| Market size value in 2031 | USD 95.39 billion |
| Growth Rate | 3.4% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Mortuary Refrigerator Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Mortuary Refrigerator Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Mortuary Refrigerator Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Mortuary Refrigerator Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Mortuary Refrigerator Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Mortuary Refrigerator Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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