Market Trends of Chile Diagnostic Imaging Equipment Industry
This section covers the major market trends shaping the Chile Diagnostic Imaging Equipment Market according to our research experts:
Oncology Segment is Expected to Show Better Growth over the Forecast Period
Based on application, the market is segmented into cardiology, oncology, neurology, orthopedics, gastroenterology, gynecology, and other applications. Oncology deals with the diagnosis and treatment of tumors and cancers. According to Globocan, in 2018, among both sexes, prostate and colorectum cancers were the most common cancers in Chile, with prostate cancer alone contributing to more than 12% of the total new cases. Diagnostic imaging plays a vital role in interventional oncology (with rising opportunities to diagnose and treat in a targeted and minimally or non-invasive manner) as well as in chemo and radiation therapy. Tools, such as CT, are the highly beneficial and preferred method of imaging for many conditions, which is expected to propel the market growth during the forecast period.
