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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

  • ID: 5450212
  • Report
  • September 2021
  • Region: Chile
  • 50 Pages
  • Grand View Research

FEATURED COMPANIES

  • GE Healthcare
  • Philips Healthcare
  • Samsung Medison
  • Siemens Healthcare GmbH

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 the 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


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Frequently Asked Questions about the Chilean Ultrasound Devices Market

What is the estimated value of the Chilean Ultrasound Devices Market?

The Chilean Ultrasound Devices Market was estimated to be valued at $189.2 Million in 2020.

What is the growth rate of the Chilean Ultrasound Devices Market?

The growth rate of the Chilean Ultrasound Devices Market is 0.2%, with an estimated value of $192.3 Million by 2028.

What is the forecasted size of the Chilean Ultrasound Devices Market?

The Chilean Ultrasound Devices Market is estimated to be worth $192.3 Million by 2028.

Who are the key companies in the Chilean Ultrasound Devices Market?

Key companies in the Chilean Ultrasound Devices Market include Canon Medical Systems Corporation, GE Healthcare, Philips Healthcare, Siemens Healthcare GmbH, Hitachi Medical Corporation and Mindray Medical International Limited.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • GE Healthcare
  • Philips Healthcare
  • Samsung Medison
  • Siemens Healthcare GmbH

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Product
1.1.2. Portability
1.1.3. Segment scope
1.1.4. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.4.1. Data analysis models
1.5. Market Formulation & Validation
1.6. Model Details
1.6.1. Commodity flow analysis (Model 1)
1.6.1.1. Approach 1: Commodity flow approach
1.6.2. Volume price analysis (Model 2)
1.6.2.1. Approach 2: Volume price analysis
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
1.9.1. Objective 1
1.9.2. Objective 2
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Product outlook
2.2.2. Portability 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
3.5.1.1. Supplier power
3.5.1.2. Buyer power
3.5.1.3. Substitution threat
3.5.1.4. Threat of new entrant
3.5.1.5. Competitive rivalry
3.5.2. PESTEL Analysis
3.5.2.1. Political landscape
3.5.2.2. Technological landscape
3.5.2.3. Economic landscape
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
4.5.1.1. Therapeutic ultrasound device market estimates and forecast 2016 to 2028 (USD Million)
4.5.2. High-intensity focused ultrasound
4.5.2.1. High-intensity focused ultrasound market estimates and forecast 2016 to 2028 (USD Million)
4.5.3. Extracorporeal shockwave lithotripsy
4.5.3.1. Extracorporeal shockwave lithotripsy market estimates and forecast 2016 to 2028 (USD Million
4.5.4. Diagnostic imaging ultrasound devices
4.5.4.1. Diagnostic imaging ultrasound devices market estimates and forecast 2016 to 2028 (USD Million)
4.5.5. 2D
4.5.5.1. 2D market estimates and forecast 2016 to 2028 (USD Million)
4.5.6. 3D/4D
4.5.6.1. 3D/4D market estimates and forecast 2016 to 2028 (USD Million)
4.5.7. Doppler
4.5.7.1. Doppler market estimates and forecast 2016 to 2028 (USD Million)
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
5.5.1.1. Handheld devices market estimates and forecast 2016 to 2028 (USD million)
5.5.2. Cart/Trolley based devices
5.5.2.1. Cart/Trolley based devices market estimates and forecast 2016 to 2028 (USD Million)
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
6.3.4. Canon Medical Systems Corporation
6.3.4.1. Company overview
6.3.4.2. Financial performance
6.3.4.3. Product benchmarking
6.3.4.4. Strategic initiatives
6.3.5. GE Healthcare
6.3.5.1. Company overview
6.3.5.2. Financial performance
6.3.5.3. Product benchmarking
6.3.5.4. Strategic initiatives
6.3.6. Philips Healthcare
6.3.6.1. Company overview
6.3.6.2. Financial performance
6.3.6.3. Product benchmarking
6.3.6.4. Strategic initiatives
6.3.7. Siemens Healthcare GmbH
6.3.7.1. Company overview
6.3.7.2. Financial performance
6.3.7.3. Product benchmarking
6.3.7.4. Strategic initiatives
6.3.8. Hitachi Medical Corporation
6.3.8.1. Company overview
6.3.8.2. Financial performance
6.3.8.3. Product benchmarking
6.3.8.4. Strategic initiatives
6.3.9. Samsung Medison
6.3.9.1. Company overview
6.3.9.2. Financial performance
6.3.9.3. Product benchmarking
6.3.9.4. Strategic initiatives
6.3.10. Mindray Medical International Limited
6.3.10.1. Company overview
6.3.10.2. Financial performance
6.3.10.3. Product benchmarking
6.3.10.4. Strategic initiatives
List of Tables
Table 1 List of Abbreviation
Table 2 List of key distributors
Table 3 List of key emerging companies /technology disruptors/innovators
Table 4 Chile ultrasound devices market, by product, 2016 - 2028 (USD Million)
Table 5 Chile ultrasound devices market, by portability, 2016 - 2028 (USD Million)
List of Figures
Figure. 1 Market research process
Figure. 2 Data triangulation techniques
Figure. 3 Primary research pattern
Figure. 4 Market research approaches
Figure. 5 Value-chain-based sizing & forecasting
Figure. 6 QFD modeling for market share assessment
Figure. 7 Market formulation & validation
Figure. 8 Chile ultrasound devices market: market outlook
Figure. 9 Chile ultrasound devices market competitive insights
Figure. 10 Parent market outlook
Figure. 11 Related/ancillary market outlook
Figure. 12 Penetration and growth prospect mapping
Figure. 13 Industry value chain analysis
Figure. 14 Chile ultrasound devices market driver impact
Figure. 15 Chile ultrasound devices market restraint impact
Figure. 16 Chile ultrasound devices market strategic initiatives analysis
Figure. 17 Chile ultrasound devices market: product movement analysis
Figure. 18 Chile ultrasound devices market: product outlook and key takeaways
Figure. 19 Therapeutic ultrasound devices market estimates and forecast, 2016 - 2028
Figure. 20 High-intensity focused ultrasound market estimates and forecast, 2016 - 2028
Figure. 21 Extracorporeal shockwave lithotripsy market estimates and forecast, 2016 - 2028
Figure. 22 Diagnostic imaging ultrasound devices market estimates and forecast, 2016 - 2028
Figure. 23 2D market estimates and forecast, 2016 - 2028
Figure. 24 3D/4D market estimates and forecast, 2016 - 2028
Figure. 25 Doppler market estimates and forecast, 2016 - 2028
Figure. 26 Chile ultrasound devices market: portability movement analysis
Figure. 27 Chile ultrasound devices market: portability outlook and key takeaways
Figure. 28 Handheld devices market estimates and forecast, 2016 - 2028
Figure. 29 Cart/trolley based devices market estimates and forecast, 2016 - 2028
Figure. 30 Participant categorization- Chile ultrasound devices market
Figure. 31 Market share of key market players- Chile ultrasound devices market
Note: Product cover images may vary from those shown
  • Canon Medical Systems Corporation
  • GE Healthcare
  • Philips Healthcare
  • Siemens Healthcare GmbH
  • Hitachi Medical Corporation
  • Samsung Medison
  • Mindray Medical International Limited
Note: Product cover images may vary from those shown

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