The funeral director, also called a mortician or undertaker, handles all the arrangements for burial and funeral services of the deceased, in accordance with the family's wishes. This includes the removal of the body to the funeral home, securing information and filing for the death certificate, and organizing the service and burial plans.
Industry InsightsThe global mortuary equipment market size was valued at USD 678.7 million in 2016.
High demand for technology and automation in mortuary procedures such as post-mortem and shifting of cadavers as well as increasing number of morgue houses are expected to fuel the industry growth over the forecast period.In the recent years, a sharp rise in number of hospitals is observed due to the population growth, advancement in healthcare technology, rising incidences of chronic diseases and elevated healthcare expenditure by the government and individual.
The morgues numbers also rise with a large number of running hospitals.
The private morgues also mark their presence as the death industry came out as a revenue generated industry in past few years.
Due to the technology advancement and viability of floor space, the storage unit is available in different sizes from small-sized units for an infant to larger sizes for the obese.
The high demand for these equipment at private morgues and the popularity of customized storage units that assist the transfer of cadavers to its final ritual destination boost the segment growth in current the market.The other segments including the autopsy table is anticipated to grow at the fastest rate during the forecast period.
Just Imagine if you have a Private Island?
How you will feel?Very few Indian’s are having private islands and few are having private Yacht and Private Jet.
Here will see who they are read more; https://yourmoneywise.in/indians-who-owns-private-islands/