Global Mortuary Equipment Market 2018-2022| Increasing Technological Advances to Drive Growth| Technavio
LONDON--(BUSINESS WIRE)--Jul 6, 2018--The global mortuary equipment market is expected to post a CAGR of over 5% during the period 2018-2022, according to the latest market research report by .
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Technavio has published a new market research report on the global mortuary equipment market from 2018-2022. (Photo: Business Wire)
A key factor driving the growth of the market is the increase in the use of cadavers for academic and commercial research. Cadavers significantly contribute to science, and medical students often use cadavers to study the human anatomy. Cadavers are often used to verify surgical techniques before they can be applied to living patients. While many medical schools have moved to using technology and surgical models to teach students, cadavers are still needed for hands-on learning.
This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
In this report, Technavio highlights the increasing technological advances as one of the key emerging trends in the global mortuary equipment market:
Global mortuary equipment market: Increasing technological advances
Players in the market are making continuous technological advances in mortuary equipment. One of the emerging trends in medical equipment is the transition from fluid dependent hydraulic systems to cleaner and more environmental-friendly electromechanical systems, thus improving equipment functionality and reducing the equipment’s size and weight. Such technological advances drive the growth of the market.
“Hydraulic cadaver lifter is another technological advancement. It is a battery-operated hydraulic lift designed with a narrow straddle allowing easier transportation of the cadaver through narrow aisles and congested work areas,” says a senior analyst at Technavio for research on life science research tools.
Global mortuary equipment market: Segmentation analysis
This market research report segments the global mortuary equipment market by product (refrigerators, autopsy tables, and cadaver lifts and trolleys) and geographical regions (APAC, EMEA, and the Americas).
The refrigerators segment held the largest market share in 2017, accounting for nearly 44% of the market. This application segment is expected to dominate the global market throughout the forecast period.
EMEA led the market in 2017 with a market share of more than 39% of the market share. The market share occupied by this region is anticipated to decrease during 2018-2022.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket sizing Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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PUB: 07/06/2018 01:38 PM/DISC: 07/06/2018 01:38 PM