Mortuary Refrigerator Market Size To Expand at a Notable CAGR Of 4.3% During 2018 - 2023 :

Pune, India, February 2019 /MRFR Press Release/- Market Research Future published a half-cooked research report on the global Mortuary refrigerators market.

Market Highlights

The global mortuary refrigerators market is expected to grow at an approximate CAGR of 4.3% during forecast period, 2018–2023.

Mortuary refrigerators are medical equipment used in hospitals, forensic labs and medical colleges to store cadaver. These refrigerators differ from the regular or daily used refrigerators on the basis of the raw material used, the design of refrigerator and other functional properties. The increase in demand for mortuary refrigerators is due to the increase in organ donation or organ transplant activities, increasing demand for advanced mortuary refrigerators by the forensic labs and hospitals to store the dead bodies. Also, the increase in cancer and research on cancer increases the demand for these products.

There are several companies involved in manufacturing of mortuary refrigerators with advanced features and ease to use. However, the cost of mortuary refrigerators compare to other mortuary related products and presence of alternative products in the market are hindering the market growth.

Segmentation

The global mortuary refrigerator market is segmented on the basis of product type, application, application, end user, and region.

On the basis of product type, the global mortuary refrigerator market is segmented into refrigerators and freezers, cadaver lifts, cadaver trolleys, others. The refrigerators and freezers segment are sub-segmented into positive temperature, negative temperature refrigerators.

By global mortuary refrigerator application, the market is categorized into corpses storage and forensic investigation. On the basis of end-user, the global mortuary refrigerator market is categorized into forensic labs, research and academics, funeral homes, hospitals and clinics, and others.

On the bases of region, the market is segmented into Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas is expected to hold the largest market share and the Middle East and Africa with the low market share during the forecasted period.

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Regional Analysis

The Americas dominates the global market for mortuary refrigerators owing to the growing organ transplant, body donation for medical education and research to teach anatomy to medical student. According to the U.S. Government Information on Organ Donation and Transplantation 34,770 transplants were performed in 2017. The increasing awareness about donate organs after death will increase the demand for mortuary refrigerators to store the dead bodies.  In 2017, it was estimated that Europe stood second in the global mortuary refrigerator market. The increase in demand for mortuary refrigerator by forensic labs and hospitals to store the dead bodies for investigation increases the market growth. These equipment’s are also, used to the store entire body donated for medical research purpose or used in medical colleges to teach human anatomy.

Asia Pacific was the fastest growing region for the global mortuary refrigerator market in 2017. Factors such as increasing awareness about the advanced and innovative mortuary refrigerator, growing regulations and policies by various authorities within the region drives the market growth.

On the other hand, the Middle East and Africa holds a least share in the global mortuary refrigerator market. The lack of awareness about the advanced mortuary procedures and mortuary refrigerator hinders the market growth in this region.

Key Players

Some of the key players in the global mortuary refrigerators market are LEEC (UK), Hygeco (Saint-Ouen, (UK)), Paragon scare Ltd. (London), Thalheimer Kühlung (UK), Barber Medical (UK), CEABIS (Italy), EIHF Isofroid (UK), EVERmed (Italy), and Fiocchetti and Funeralia (UK) and others.