According to the research report titled ‘Global Mortuary Equipment Market is segmented by product type (Refrigeration Units, Autopsy Platforms, Cadaver Lifts, Others), Regional Forecasts 2021-2027’, available with MarketStudyReport, Global mortuary equipment market is projected to grow steadily at a CAGR of over 6.5% throughout the forecast timeframe 2021-2027.
 

As per the findings of the report, expanding need for funerary automation along with rising global geriatric population and decreasing life expectancy are primarily driving the global mortuary equipment market growth.
 

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4339730/
 

Credible sources cited that 23.2% of Italy's population was either 65 or older in the year 2020. With progressively growing share of elderly people, the population base of young people has fallen short and consequently, the average age of Italians has risen from 43.6 years in 2011 to 45.7 years in 2020.
 

Experts state that cultural and ethical concerns over post-mortem and storage of dead bodies may hinder the market progress between 2021 and 2027.
 

For the unversed, mortuary equipment are used for autopsy, identification, transportation, and storage of human corpses. Mortuary is a division of a hospital where human bodies are maintained in sanitary conditions until they are buried. Various types of mortuary equipment accessible in hospitals and morgues are trolleys, refrigeration units, dissecting tables, corpse trays, embalming workstations & racking systems, and freezers.
 

Based on product type, worldwide mortuary equipment industry is segmented into refrigeration units, cadaver lifts, autopsy platforms and others. From a regional perspective, the market size is fragmented into North America (U.S., Canada), Europe (UK, Germany, Spain, France, Italy, ROE), Asia Pacific (Japan, China, South Korea, India, Australia, Rest of APAC), and Latin America (Mexico and Brazil).
 

Among the above-listed geographies, North America accounts for majority market share owing to the presence of a vast number of private mortuaries and hospitals, and a high acceptance rate of technologically advanced products in the region.
 

Meanwhile, Asia-Pacific market is expected to grow rapidly, attributable to rising number of private-sector hospitals, including medical colleges. Moreover, increasing trend of modernizing traditional devices, and emergence of local players who export most of their products to developed countries at affordable prices are drafting favorable conditions for regional industry expansion.
 

Considering the competitive landscape, Mopec Inc., Leec Ltd., Mortuary Lift Co., KUGEL medical GmbH & Co. KG, Roftek Ltd., Mortech Manufacturing Company Inc., SM Scientific Instruments Pvt. Ltd., Ferno-Washington Inc., Thermo Fisher Scientific Inc., and Hygeco Lear Ltd. are the major companies influencing the global mortuary equipment market dynamics.