Chile Ultrasound Devices Market (By Product: Therapeutic Ultrasound Devices, Diagnostic Imaging Ultrasound Devices; By Portability: Handheld Devices, Cart/Trolley Based Devices) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

Published Date : Sep 2021 | No. of Pages : 150+ Pages | Category : Healthcare

The Chile Ultrasound Devices market size is expected to be worth around US$ 250 Mn by 2030, according to a new report by Vision Research Reports.

The Chile Ultrasound Devices market size was valued at US$ 220.2 million in 2020 and is anticipated to grow at a CAGR of 6.3% during forecast period 2021 to 2030.

Chile Ultrasound Devices Market Size 2020 to 2030

Report Coverage

Report Scope Details
Market Size USD 250 Mn by 2030
Growth Rate CAGR of 6.3% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Product, Portability
Regional Scope Chile
Companies Mentioned Canon Medical Systems Corporation; GE Healthcare;  Koninklijke Philips N.V.; Siemens Healthcare GmbH;  Hitachi Medical;  Samsung Medison;  Mindray Medical International Limited

Growth Factors

 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 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. The growth of the market can be attributed to the increasing prevalence of prostate cancer coupled with the adoption of advanced ultrasound devices for diagnostic imaging and treatment.

Report Highlights

The diagnostic imaging ultrasound devices segment accounted for the largest market share of more than 70.0% in 2020. The segment is further sub-segmented into 2D, 3D/4D, and Doppler. It is a traditional ultrasound scanning, because of its widespread use in obstetrics, radiology, and oncology, whereas the 3D/4D ultrasound devices are expected to grow at the fastest rate owing to the short time required to complete fetal cardiac screening and diagnosis, improved detection of fetal abnormalities and less dependence on the operator’s skills in identifying fetal abnormalities.  

The therapeutic ultrasound devices segment is anticipated to witness a CAGR of over 5.7% over the forecasted period. The segment is further sub-segmented into high-intensity focused ultrasound and extracorporeal shockwave lithotripsy. 

The cart/trolley-based devices segment dominated the Chile ultrasound devices market and accounted for the largest revenue share of 65.0% in 2020. The biggest advantage of cart/trolley ultrasound device lies in time-saving which include booting time, transfer, and bedside positioning, by bringing the device to the patient's location, whether it's an Intensive Care Unit (ICU) or an emergency department, cart/trolley ultrasounds fully eliminate the difficulty of transferring vulnerable patients.

Key Players 

  • Canon Medical Systems Corporation

  • GE Healthcare

  • Philips Healthcare

  • Siemens Healthcare GmbH

  • Hitachi Medical Corporation

  • Samsung Medison

  • Mindray Medical International Limited

Market Segmentation

  • Product

    • Therapeutic Ultrasound Devices

      • High-intensity Focused Ultrasound

      • Extracorporeal Shockwave Lithotripsy

    • Diagnostic Imaging Ultrasound Devices

      • 2D

      • 3D/4D

      • Doppler

  • Portability

    • Handheld Devices

    • Cart/Trolley Based Devices

The Chile Ultrasound Devices market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Chile Ultrasound Devices market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the Chile Ultrasound Devices market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Chile Ultrasound Devices market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Chile Ultrasound Devices market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Chile Ultrasound Devices capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Chile Ultrasound Devices by regions (countries) and application.

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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