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.
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:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Chile Ultrasound Devices Market, By Product
7.1. Chile Ultrasound Devices Market, by Product, 2021-2030
7.1.1. Therapeutic Ultrasound Devices
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Diagnostic Imaging Ultrasound Devices
7.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Chile Ultrasound Devices Market, By Portability
8.1. Chile Ultrasound Devices Market, by Portability, 2021-2030
8.1.1. Handheld Devices
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. Cart/Trolley Based Devices
8.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Chile Ultrasound Devices Market, Regional Estimates and Trend Forecast
9.1. Chile
9.1.1. Market Revenue and Forecast, by Product (2016-2030)
9.1.2. Market Revenue and Forecast, by Portability (2016-2030)
Chapter 10. Company Profiles
10.1. Canon Medical Systems Corporation
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. GE Healthcare
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Philips Healthcare
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Siemens Healthcare GmbH
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Hitachi Medical Corporation
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Samsung Medison
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Mindray Medical International Limited
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms