| Product Code: ETC7362700 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Grenada 12 channel electrocardiogram (ECG) import market saw a decline in 2024 with a negative CAGR of -41.11% from 2020 to 2024. The top exporting countries to Grenada for ECG machines in 2024 were Canada, USA, China, Barbados, and Guyana. Despite the decrease in growth rate from 2023 to 2024 at -75.05%, the market remained highly concentrated with a very high HHI, indicating a competitive landscape dominated by a few key players.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Grenada 12 Channel Electrocardiogram (ECG) Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada 12 Channel Electrocardiogram (ECG) Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada 12 Channel Electrocardiogram (ECG) Market - Industry Life Cycle |
3.4 Grenada 12 Channel Electrocardiogram (ECG) Market - Porter's Five Forces |
3.5 Grenada 12 Channel Electrocardiogram (ECG) Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada 12 Channel Electrocardiogram (ECG) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada 12 Channel Electrocardiogram (ECG) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada 12 Channel Electrocardiogram (ECG) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of cardiovascular diseases in Grenada |
4.2.2 Growing awareness and emphasis on preventive healthcare measures |
4.2.3 Technological advancements in 12-channel ECG devices |
4.3 Market Restraints |
4.3.1 High cost associated with 12-channel ECG machines |
4.3.2 Limited healthcare infrastructure and resources in Grenada |
4.3.3 Lack of skilled healthcare professionals proficient in interpreting 12-channel ECG results |
5 Grenada 12 Channel Electrocardiogram (ECG) Market Trends |
6 Grenada 12 Channel Electrocardiogram (ECG) Market, By Types |
6.1 Grenada 12 Channel Electrocardiogram (ECG) Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada 12 Channel Electrocardiogram (ECG) Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada 12 Channel Electrocardiogram (ECG) Market Revenues & Volume, By Resting ECG, 2021- 2031F |
6.1.4 Grenada 12 Channel Electrocardiogram (ECG) Market Revenues & Volume, By Stress, 2021- 2031F |
6.1.5 Grenada 12 Channel Electrocardiogram (ECG) Market Revenues & Volume, By Mobile Cardiac Telemetry Device, 2021- 2031F |
6.1.6 Grenada 12 Channel Electrocardiogram (ECG) Market Revenues & Volume, By Implantable Loop Recorder, 2021- 2031F |
6.2 Grenada 12 Channel Electrocardiogram (ECG) Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada 12 Channel Electrocardiogram (ECG) Market Revenues & Volume, By Precordial, 2021- 2031F |
6.2.3 Grenada 12 Channel Electrocardiogram (ECG) Market Revenues & Volume, By Unipolar, 2021- 2031F |
6.2.4 Grenada 12 Channel Electrocardiogram (ECG) Market Revenues & Volume, By Bipolar, 2021- 2031F |
6.3 Grenada 12 Channel Electrocardiogram (ECG) Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada 12 Channel Electrocardiogram (ECG) Market Revenues & Volume, By Home Use, 2021- 2031F |
6.3.3 Grenada 12 Channel Electrocardiogram (ECG) Market Revenues & Volume, By Hospital, 2021- 2031F |
7 Grenada 12 Channel Electrocardiogram (ECG) Market Import-Export Trade Statistics |
7.1 Grenada 12 Channel Electrocardiogram (ECG) Market Export to Major Countries |
7.2 Grenada 12 Channel Electrocardiogram (ECG) Market Imports from Major Countries |
8 Grenada 12 Channel Electrocardiogram (ECG) Market Key Performance Indicators |
8.1 Adoption rate of 12-channel ECG technology by healthcare facilities in Grenada |
8.2 Rate of integration of ECG data with electronic health records (EHR) systems |
8.3 Number of training programs conducted to educate healthcare professionals on 12-channel ECG interpretation |
9 Grenada 12 Channel Electrocardiogram (ECG) Market - Opportunity Assessment |
9.1 Grenada 12 Channel Electrocardiogram (ECG) Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada 12 Channel Electrocardiogram (ECG) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada 12 Channel Electrocardiogram (ECG) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada 12 Channel Electrocardiogram (ECG) Market - Competitive Landscape |
10.1 Grenada 12 Channel Electrocardiogram (ECG) Market Revenue Share, By Companies, 2024 |
10.2 Grenada 12 Channel Electrocardiogram (ECG) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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