The global mortuary bags market size is expected to reach USD 1.8 billion by 2027, expanding at a CAGR of 6.0%, according to a new report by Grand View Research, Inc. The increasing prevalence of cardiovascular diseases, a growing number of deaths due to pandemics and epidemics, and rising cases of road accidents are the key factors driving the market.
Cardiovascular
Diseases (CVDs) are a group of diseases and disorders of the heart and blood
vessels. CVDs include rheumatic heart disease, cerebrovascular disease, and
coronary heart disease. According to the WHO, CVD is the leading cause of death
across the globe and takes around 17.9 million lives every year. It also
reported that four out of five deaths from CVDs are from strokes and heart
attacks. Similarly, as per the reports published by the Centers for Disease
Control and Prevention, in the U.S., where obesity is one of the major
health-related concerns, one person dies every 36 seconds from cardiovascular
disease. It also reported that 655,000 U.S. citizens die from some kind of
heart disease every year, which is one in every four deaths in the country.
According to the World Heart Federation, CVDs account for 26.0% of the deaths
from non-communicable diseases in India. Therefore, such a high number of
deaths due to CVDs is anticipated to increase the demand for mortuary bags
across the globe.
The
exact cause of CVDs is still unknown, however, there are a lot of factors that
can increase the risk of getting CVD. The main risk factors for CVDs are high
blood pressure, smoking, high cholesterol, diabetes, inactivity, obesity,
substance abuse, and an unhealthy lifestyle.
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Mortuary Bags
Market Report Highlights
- On the basis
of raw material, the polyethylene segment held the largest market share in
2019 as it is cheap and the most widely produced plastic in the world
- Adult bags
held the largest market share in 2019 owing to the rising cases of CVDs
among adults and an increasing number of deaths in adults due to COVID-19
- Based on
end-use, the morgue segment held the largest market share in 2019 and is
anticipated to witness the fastest growth rate over the forecast period.
The growth of the segment is attributable to the rising number of road
accidents and increasing crime rates across the globe
- North America
held the largest market share in 2019 owing to the highest number of
deaths due to COVID-19 in this region.
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Mortuary Bags
Market Segmentation
Grand View Research has
segmented the global mortuary bags market on the basis of raw material, size,
end-use, and region:
Mortuary Bags Raw
Material Outlook (Revenue, USD Million, 2016 -2027)
- Polyvinyl chloride
- Polyethylene
- Nylon
- Polyester
- Others
Mortuary Bags Size
Outlook (Revenue, USD Million, 2016 - 2027)
- Adult
- Child/Infant
- Heavy Duty and Bariatric
Mortuary Bags
End-use Outlook (Revenue, USD Million, 2016 - 2027)
- Hospital
- Morgue
- Others
Mortuary Bags
Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- Japan
- China
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
- Saudi Arabia
List of Key
Players of Mortuary Bags Market
- CLASSIC PLASTICS
- Mopec
- Auden Funeral Supplies Ltd.
- Smart Choice Funeral Supplies
- Deluxe Scientific Surgico Pvt. Ltd.
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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