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Market Entry - Ophthalmic Surgery Industry in Chile: Analysis of Growth, Trends and Progress (2020 - 2025)

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About the Market

Rising prevalence of sleep & respiratory disorders, the presence of high unmet medical needs in emerging economies such as India, China, and Brazil, obesity, lifestyle habits such as smoking, alcohol, substance abuse, and irregular sleep patterns are driving the market. Various types of sleep apnea devices are recommended based on the patient’s medical requirements, most common being the PAP devices, which account for the largest market share. Demand in developed countries is in an emerging stage owing to the sophisticated healthcare infrastructure and high awareness; whereas developing economies are witnessing healthy growth as awareness is increasing, both in patients and medical fraternity. In 2014, North America sleep apnea devices market held the maximum revenue share of over 38%. Key players operating in the sleep apnea devices market include Fisher & Paykel Healthcare, ResMed, GE Healthcare, Invacare Corporation, BMC Medical Co. Ltd.

About the Geography

Chile is recognized as one of the most stable, open and competitive economies in Latin America. With a presidential republic at its helm, the recent success of the Chilean economy is based on the export of copper.

With the continued drop in copper prices since 2014, Chile has experienced its second consecutive year of slow growth, elevated inflation and a depreciating currency. To counter this sluggish growth, Chile’s policymakers have been actively seeking foreign investment that shall provide the needed capital and technology for economic development. Chile withdrew from the ANCOM (Andean Common Market) in order to be free from restrictions on foreign investment. Regional incentives are available granting certain benefits, to promote investment in these areas and an all-round development of the country.

Negotiations made mostly in Spanish and weak IPR enforcement are challenges of conducting business in Chile. However, the strengths of the market, which include an open economy, commitment to free trade, a well-developed financial market and economic structure, seem to stand tall among these challenges.

 

Component Name

Unit

From Site

GDP

USD billion

240

GDP Annual Growth Rate

%

1.5

GDP Per Capita

USD

14626

Employment Rate

                               %         

55.26

Wages

USD/Month

374.858

Inflation Rate

%

3.1

Consumer Price Index (CPI)

Index Points

114

Interest Rate

%

3.5

Loans to Private Sector

USD million/billion

131.831 million

Balance of Trade

USD million/billion

146 USD million

Business Confidence

(No Units)

43.63

Manufacturing Production

%

2.4

Ease of Doing Business

(No Units)

48

Competitiveness Rank

(No Units)

33

Corruption Rank

(No Units)

23

Consumer Confidence

(No Units)

31.5

Consumer Spending

USD million/billion

29,630.824 million

Bank Lending Rate (Consumers)

%

6.88

Corporate Tax Rate

%

22.5

Sales Tax Rate

%

19

 

The Market Entry Series

Exploring global markets is now recognized as the shortest way to ensure high time to efficiency conversion, when trying to expand revenues past domestic markets, for firms both large and small. Our market entry series, priced suitably low contains the essentials of all the parameters (Refer: Table of Contents) you must be apprised of before you can have a well informed contemplation of a business opportunity in your choice of industry, in your choice of geography.

1. Introduction

                1.1 Scope of the Report

                1.2 Regional Analysis

                                1.2.1 PESTLE Analysis

                                1.2.2 Analysis of Ease of Doing Business

2. Market Dynamics

                2.1 Drivers

                2.2 Restraints

                2.3 Opportunities

3. Market Demand Analysis

                3.1 Socio-Economic Segmentation

                3.2 Demographic Strengths & Weaknesses

                3.3 Spending Patterns

                3.4 Target Market Identification

4. Market Size of Ophthalmic Surgery Industry (USD millions)

                4.1 By Devices

                4.2 By Drugs

5. Market Entry

                5.1 Market Entry: The Strategy

                                5.1.1 Types of Entry Modes, by Market Entry Objectives

                                5.1.2 Competition Analysis

                                                5.1.2.1 Market Share

                                                5.1.2.2 Strategies Adopted, Recent Events 

                                5.1.3 Pricing Strategy

                                5.1.4 Supply Chain Analysis

                                                5.1.4.1 Trade (Import-Export Analysis)

                                                5.1.4.2 Distribution Network & Retail Analysis

                5.2 Market Entry: The Administration

                                5.2.1 How to Register a Company (Flowchart)

                                5.2.2 Registration Processes 

                                                5.2.2.1 Ministries Involved

                                                5.2.2.2 Criteria and Conditions

                                5.2.3 List of Forms & Documents

                                5.2.4 Product Control Guidelines specified by the Government

6. Sources

7. Disclaimer

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