The global mortuary equipment market size was estimated at USD 1.11 billion in 2024 and is projected to reach USD 1.55 billion by 2030, expanding at a CAGR of 5.6% from 2025 to 2030. This growth is primarily driven by the rising death rates, which have resulted in a heightened demand for essential mortuary equipment such as body bags, refrigeration units, and autopsy tables.
The increase in mortality rates has highlighted the urgent requirement for improved mortuary services and related equipment, thereby positioning the market for substantial expansion. According to the World Population Review 2023, the population of individuals aged 65 and above in Least Developed Countries (LDCs) is expected to grow at a significantly faster pace than in Other Developing Countries (ODCs). Between 2023 and 2050, the older adult population in LDCs is projected to nearly triple, while ODCs will experience more than a twofold increase in the same timeframe. This demographic shift is likely to create a stronger need for healthcare infrastructure, including the development and upgrading of mortuary facilities, further propelling market growth.
Technological innovation continues to reshape the mortuary equipment market by improving operational efficiency and safety. Automated systems like hydraulic cadaver lifts and advanced refrigeration units enhance storage and handling capabilities. Additionally, the industry's commitment to innovation is evident through the emergence of eco-friendly burial solutions and digital management platforms that cater to modern consumer expectations. These advancements are critical in ensuring mortuary operations are sustainable, effective, and adaptable to increasing demands.
Cultural traditions and the evolving funeral services sector also contribute significantly to the market's expansion. Regions with diverse cultural norms often have unique mortuary equipment requirements based on customary practices, thereby influencing demand. Simultaneously, shifts in consumer behavior and the continued evolution of the funeral industry are bolstering the need for specialized mortuary equipment. These trends collectively underscore the strong growth potential and diversification opportunities in the market.
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Key Market Trends & Insights
Market Size & Forecast
Key Mortuary Equipment Company Insights
Key Mortuary Equipment Companies
The following leading companies dominate the mortuary equipment market and significantly influence its trajectory:
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Conclusion
The mortuary equipment market is poised for steady growth driven by demographic changes, technological advancements, and cultural influences. The aging global population, rising death rates, and the evolving nature of funeral services are creating a consistent demand for innovative and efficient mortuary solutions. With strong participation from established companies and increasing investment in product development, the market is expected to maintain a robust growth trajectory through 2030.