Mortuary Equipment Market Benefits From Automation and Smart Solutions
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 ...