Chile Ultrasound Devices Market expected to expand at a CAGR of 2.3% from 2021 to 2028
Chile Ultrasound Devices Industry Overview The Chile ultrasound devices market size was valued at USD 189.2 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 2.3% from 2021 to 2028. 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. In addition, the increasing prevalence of lifestyle-associated conditions, rising demand for minimally invasive surgeries, and technological advancements in ultrasound imaging technology are some of the key factors driving the market. For instance, as per the Global Cancer Observatory, prostate cancer ranked number 1 amongst all other cancers in Chile, there were about 8157 new prostate cancer cases registered in 2020. Ultrasound is preferred over other diagnostic tools in medical imaging due to the advantages such as affordability and the ability to provide images ...