| Product Code: ETC7364079 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada saw a significant increase in the concentration of asthma device imports, with the top countries exporting being the USA, Canada, Trinidad and Tobago, Barbados, and Saint Vincent and the Grenadines. The Herfindahl-Hirschman Index (HHI) indicated very high concentration in 2024, reflecting a competitive market among these countries. Despite a negative Compound Annual Growth Rate (CAGR) of -10.46% from 2020 to 2024, the sharp decline in growth rate of -56.88% from 2023 to 2024 suggests a challenging year for asthma device imports in Grenada.
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 Asthma Device Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Asthma Device Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Asthma Device Market - Industry Life Cycle |
3.4 Grenada Asthma Device Market - Porter's Five Forces |
3.5 Grenada Asthma Device Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Asthma Device Market Revenues & Volume Share, By Indication, 2021 & 2031F |
3.7 Grenada Asthma Device Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Grenada Asthma Device Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Grenada Asthma Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and diagnosis of asthma in Grenada |
4.2.2 Growing healthcare infrastructure and access to medical facilities |
4.2.3 Rising pollution levels and prevalence of respiratory diseases in Grenada |
4.3 Market Restraints |
4.3.1 High cost of asthma devices and treatments |
4.3.2 Limited reimbursement policies for asthma devices in Grenada |
4.3.3 Stringent regulatory requirements for medical devices in the country |
5 Grenada Asthma Device Market Trends |
6 Grenada Asthma Device Market, By Types |
6.1 Grenada Asthma Device Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Asthma Device Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Asthma Device Market Revenues & Volume, By Inhalers, 2021- 2031F |
6.1.4 Grenada Asthma Device Market Revenues & Volume, By Nebulizers, 2021- 2031F |
6.1.5 Grenada Asthma Device Market Revenues & Volume, By Dry Powder Inhalers, 2021- 2031F |
6.1.6 Grenada Asthma Device Market Revenues & Volume, By Metered-Dose Inhalers, 2021- 2031F |
6.1.7 Grenada Asthma Device Market Revenues & Volume, By Mesh Nebulizers, 2021- 2031F |
6.2 Grenada Asthma Device Market, By Indication |
6.2.1 Overview and Analysis |
6.2.2 Grenada Asthma Device Market Revenues & Volume, By Asthma, 2021- 2031F |
6.2.3 Grenada Asthma Device Market Revenues & Volume, By COPD, 2021- 2031F |
6.3 Grenada Asthma Device Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Grenada Asthma Device Market Revenues & Volume, By Manually Operated, 2021- 2031F |
6.3.3 Grenada Asthma Device Market Revenues & Volume, By Digitally Operated, 2021- 2031F |
6.4 Grenada Asthma Device Market, By End-Users |
6.4.1 Overview and Analysis |
6.4.2 Grenada Asthma Device Market Revenues & Volume, By Hospital, 2021- 2031F |
6.4.3 Grenada Asthma Device Market Revenues & Volume, By Retail Pharmacies, 2021- 2031F |
6.4.4 Grenada Asthma Device Market Revenues & Volume, By Online Pharmacies, 2021- 2031F |
7 Grenada Asthma Device Market Import-Export Trade Statistics |
7.1 Grenada Asthma Device Market Export to Major Countries |
7.2 Grenada Asthma Device Market Imports from Major Countries |
8 Grenada Asthma Device Market Key Performance Indicators |
8.1 Percentage increase in the number of asthma patients diagnosed annually |
8.2 Adoption rate of new asthma devices in healthcare facilities |
8.3 Average waiting time for asthma device procurement and delivery in Grenada |
9 Grenada Asthma Device Market - Opportunity Assessment |
9.1 Grenada Asthma Device Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Asthma Device Market Opportunity Assessment, By Indication, 2021 & 2031F |
9.3 Grenada Asthma Device Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 Grenada Asthma Device Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Grenada Asthma Device Market - Competitive Landscape |
10.1 Grenada Asthma Device Market Revenue Share, By Companies, 2024 |
10.2 Grenada Asthma Device 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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