Mortuary Refrigerator Market research is provided on all the vital factors such as consumer needs and trends those will create significant impact on the present and future market situations. Mortuary Refrigerator Market report will help buyer to minimize the decision associated risks and to create results driven business strategies.
The report starts with terms and definitions associated with Mortuary Refrigerator market. It slowly advances towards the past situations and their analysis. This analysis along with current situations provides necessary base to understand how market have evolved and achieved growth.
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Next part of the Mortuary Refrigerator market report focuses on the key vendors operating in this industry categorized based on their focus on regions, product segments, product portfolio, organizational development etc. The report provides such analysis of
- KUGEL medical
- Mortech Manufacturing
- Thermo Fisher Scientific and many more.
The year-over-year growth pattern is also discussed in depth. Similarly, the report also presents analysis of Mortuary Refrigerator Market Ecosystem, Characteristics, Segmentations by geography as well as by product and applications. Regional comparison between the major regions viz. Americas, APAC, EMEA are also explained which point outs the leading countries or regions.
Further report provides attention to the present Mortuary Refrigerator market drivers, challenges, trends, and opportunities along with their impact on the market which are decisive parameters for product and business strategies.
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Mortuary Refrigerator Market driver
One driver in market is rise in number of unidentified deaths. The number of unidentified deaths has increased in the recent past. It is because of the increasing number of accidents, crime rates, and homeless people. Among the thousands of people murdered or died due to accidents every year in the US, many remain unidentified. Some victims are not identified for years or even decades after they were killed. One such case was of Tammy Jo Alexander, who was murdered in 1979 and remained unidentified until 2015. In the US, more than 30,000 bodies remain unidentified, which includes murder victims and those who died of other causes. Similarly, in India, in 2014 the number of unidentified dead bodies was more than 30,000, in which Maharashtra was ranked highest. Families not accepting the bodies of members admitted to hospital because of HIV or tuberculosis was also one of the factors for the unclaimed bodies since they believe that the virus present in his or her body can pass to the family members or others.
Mortuary Refrigerator Market challenge
one challenge in market is low awareness about mortuary equipment. Two of the biggest challenges to the growth of this market were low affordability and the low awareness about mortuary equipment. The nature of the market along with the narrow customer base, which is limited to morgues and hospitals, have been the major reasons for the low awareness of this equipment. Further, in the past, the need to store corpses was not a concern for morgues or hospitals unless they were required for forensic analysis, or for academic purposes. This led to a relatively stagnant market scenario when it comes to the product innovation and sales growth. However, this trend has seen a turnaround since 2012 due to the growing need of cadavers for commercial and academic research and has started leading to the need for better and more innovative products in this category. During the forecast period, however, this factor will still prove to be a challenge for the growth.
Mortuary Refrigerator Market trend
One trend in market is rising number of body donations. Body donation is the donation of a whole body after death for the purpose of medical education and research. Earlier, only medical schools have accepted body donors, but now private organizations are also accepting them. Medical schools use whole preserved bodies to teach anatomy to medical students. Donating the bodies for medical research does not involve any cost. In addition, the donation program often provides a stipend and also covers the cost of burial or cremation procedures of the cadaver. The body will be returned to the family for interment, once the purpose of the cadaver is served. This has resulted in the attempts to increase the body donations. Many countries have different programs and regulations surrounding the donation of the body or body parts. These regulations and policies are resulting in increasing awareness of the advantages and improvements in the process of body donation. Thus, the increase in body donations will increase the number of autopsies, in turn, increasing the need for storing the bodies, thus demanding for mortuary refrigerators
Mortuary Refrigerator Market report also includes five forces analysis and SWOT analysis which are effective to analyse the market situations and to know your competitive advantage over other players. It is also well-known tool used to analyze and improve the weakness in your business to achieve both stronger and profitable market position in the Mortuary Refrigerator market.
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Long story short, Mortuary Refrigerator Market report fulfill need of detailed and actionable Mortuary Refrigerator market data on each vital parameter to make informed decisions.