(MENAFN- GlobeNewsWire - Nasdaq) Dublin, Nov. 26, 2021 (GLOBE NEWSWIRE) -- The 'Chile Ultrasound Devices Market Size, Share & Trends Analysis Report By Product Type (Therapeutic Ultrasound Devices, Diagnostic Ultrasound Devices), By Portability, And Segment Forecasts, 2021 - 2028' report has been added to ResearchAndMarkets.com's offering.
The Chile ultrasound devices market size is expected to reach USD 192.3 million by 2028. The market is expected to expand at a CAGR of 2.3% from 2021 to 2028. The increasing prevalence of lifestyle-associated diseases and technological advancements are some of the major market players. Cancer affects a considerable portion of the Chilean population, with prostate cancer ranking number 1 amongst others, the adoption of ultrasound devices in the diagnosis of cancer is expected to boost market growth.
Additionally, manufacturers are using new strategies that allow them to use their resources to help develop new products and improve their supply chain. For instance, In March 2021, GE Healthcare announced the launch of Vscan Air, a new wireless, hand-held ultrasound device, it is about the size of an iPhone and connects to a smartphone app to read the ultrasound images.
The Chilean government is committed to investment in health infrastructure, and in 2018 the President unveiled Chile's 2018-2022 USD 10 billion hospital infrastructure plan. However, the health system in Chile is strained due to a lack of skilled medical staff. According to the ministry of foreign affairs, in 2016, there were 2.3 doctors per 1000 persons.
For medical devices and supplies, Chile is 95% reliant on imports. The medical device market in Chile is competitive, with numerous companies from around the world easily finding their way in. The rise in public hospital infrastructure will create an increased demand for ultrasound devices as the Chilean government will invest large sums in hospital construction in the future years.
Chile Ultrasound Devices Market Report Highlights
- The diagnostic imaging ultrasound segment dominated the market and accounted for the largest revenue share of more than 60.0% in 2020, as it has a wide range of applications in obstetrics, radiography, and oncology
- The therapeutic ultrasound devices segment is expected to grow at a significant rate during the forecast period
- The market is expected to grow as ultrasound techniques such as HIFU and ESWL are being adopted for various therapeutic treatments
- The diagnostic imaging ultrasound device segment is predicted to be driven by rising demand for improved diagnostic devices such as miniaturized 2D and 3D/4D
- The cart/trolley based devices segment dominated the market and accounted for the largest revenue share of 55.0% in 2020
- To get a competitive advantage over competitors, leading market manufacturers are investing in Chile
Companies Mentioned
- Canon Medical Systems Corporation
- GE Healthcare
- Philips Healthcare.
- Siemens Healthcare GmbH
- Hitachi Medical Corporation
- Samsung Medison
- Mindray Medical International Limited
Key Topics Covered:
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Research Methodology
1.3. Information Procurement
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Chile Ultrasound Device Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Reimbursement framework
3.4. Market Dynamics
3.4.1. Market driver analysis
3.4.1.1. Increasing adoption of ultrasound devices for diagnosis and treatment of prostate cancer
3.4.1.2. Rising demand for minimally invasive surgical procedures
3.4.1.3. Technological advancements
3.4.2. Market restraint analysis
3.4.2.1. Lack of skilled professionals
3.4.2.2. High cost of ultrasound devices
3.5. Chile Ultrasound Device Market Analysis Tools
3.5.1. Industry Analysis - Porter's
3.5.2. PESTEL Analysis
3.5.3. Major Deals & Strategic Alliances Analysis
3.5.4. Market Entry Strategies
Chapter 4. Chile Ultrasound Device Market: Product Estimates & Trend Analysis
4.1. Definitions and Scope
4.1.1. Therapeutic ultrasound device
4.1.2. Diagnostic imaging ultrasound device
4.2. Product Market Share, 2020 & 2028
4.3. Segment Dashboard
4.4. Chile Ultrasound Device Market By Product Outlook
4.5. Market Size & Forecasts and Trend Analyses, 2016 to 2028 for the following
4.5.1. Therapeutic ultrasound device
4.5.2. High-intensity focused ultrasound
4.5.3. Extracorporeal shockwave lithotripsy
4.5.4. Diagnostic imaging ultrasound devices
4.5.5. 2D
4.5.6. 3D/4D
4.5.7. Doppler
Chapter 5. Chile Ultrasound Device Market: Portability Estimates & Trend Analysis
5.1. Definitions and Scope
5.1.1. Handheld devices
5.1.2. Cart/trolley based devices
5.2. Portability Market Share, 2020 & 2028
5.3. Segment Dashboard
5.4. Chile Ultrasound Device Market By Portability Outlook
5.5. Market Size & Forecasts and Trend Analyses, 2016 to 2028 for the following
5.5.1. Handheld devices
5.5.2. Cart/Trolley based devices
Chapter 6. Competitive Landscape
6.1. Recent Developments & Impact Analysis, By Key Market Participants
6.2. Company/Competition Categorization
6.2.1. Innovators
6.3. Vendor Landscape
6.3.1. List of key distributors and channel partners
6.3.2. Key customers
6.3.3. Key company market share analysis, 2020
(List of Companies above)
For more information about this report visit
Tags Diagnostic Ultrasound Therapeutic Ultrasound Ultrasound Ultrasound Device Ultrasound Image
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