Transparency Market Research Report Added "Mortuary Equipment Market" to its database.
Albany, NY -- (SBWIRE) -- 02/22/2016 -- Consistent technological advances have created growth opportunities for various mortuary products such as trolleys, cadaver lifts, freezers, refrigerators, and others. Increasing demand for well-maintained corpses for academic and commercial research, along with the introduction of automated mortuary equipment, has propelled the growth of the global mortuary equipment market. However, low affordability and lack of awareness about mortuary equipment will restrain the market. The global mortuary equipment market was worth US$173.4 mn in 2014. Expanding at a projected CAGR of 6.3% during the period between 2015 and 2023, the overall market is expected to stand at a valuation of US$306.0 mn by 2023.
Among the key products in the global mortuary equipment market, refrigerators and freezers constitute the largest segment as these are the most basic mortuary equipment for storage of corpses. In the coming years, the demand for cadaver trolleys, cadaver transportation and handling equipment, and lifts is expected to surge. Addressing the need for efficient transportation of corpses, the market players are stressing on the development of effective and novel utility transportation.
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Mortech Manufacturing Inc. Focuses on Energy Conservation
Apart from developing automated mortuary equipment, key players in the market are also focusing on reducing energy costs. Some of the prominent players operating in the global mortuary equipment market are Flexmort, Ferno-Washington Inc., KUGEL Medical GmbH, LEEC UK, Mopec, and Thermo Fisher Scientific Inc. Mortech Manufacturing Inc., one of the key players in the market, has switched to solar electricity to contribute towards energy conservation. The company has installed a photovoltaic system manufactured by Mitsubishi Electric US, Inc. The solar electric system has been installed at the company's facilities in Azusa, California. During the first year, the system is expected to produce 285,935 kW kWh, thereby decreasing the need for grid-supplied power by 80%. The annual energy production by the system would significantly reduce the greenhouse emissions and decrease the carbon footprints of the company.
Portable Mortuary Installed with Mortuary Equipment Rolls Out in U.K.
In the U.K., the concept of mobile mortuaries has been introduced at the Royal Bournemouth hospital. Last year, there was a 32% rise in the number of deaths across England and Wales due to cold and a virulent strain of flu. During extremely cold weather, elderly patients are particularly vulnerable and hospitals across the U.K. witness an increase in the number of deaths. To ensure dignified treatment to deceased patients on site rather than transferring them to neighbouring facilities, the 'Flexmort' portable mortuary will be used if the hospital's main mortuary is full. Advanced mortuary equipment installed in the mobile mortuary will let mortuary technicians offer dignified care to the deceased patients.
These and other recent developments in the global mortuary equipment market are expected to define the future outlook of the market.
Mr. Sudip S
Transparency Market Research
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