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

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.