| Product Code: ETC7365506 | 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 |
Grenada`s import of body sensors saw significant growth in 2024, with top exporting countries including the USA, Iceland, Canada, Italy, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a notable compound annual growth rate (CAGR) of 40.2% from 2020 to 2024. The impressive growth rate of 11.06% from 2023 to 2024 suggests a continued upward trajectory in the demand for body sensors 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 Body Sensor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Body Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Body Sensor Market - Industry Life Cycle |
3.4 Grenada Body Sensor Market - Porter's Five Forces |
3.5 Grenada Body Sensor Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Body Sensor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Body Sensor Market Revenues & Volume Share, By Placement Type, 2021 & 2031F |
4 Grenada Body Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about personal health and fitness among consumers |
4.2.2 Technological advancements in wearable sensor technology |
4.2.3 Rising demand for remote health monitoring solutions |
4.3 Market Restraints |
4.3.1 High initial cost of body sensor devices |
4.3.2 Concerns regarding data privacy and security |
4.3.3 Limited healthcare infrastructure in certain regions of Grenada |
5 Grenada Body Sensor Market Trends |
6 Grenada Body Sensor Market, By Types |
6.1 Grenada Body Sensor Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Body Sensor Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Body Sensor Market Revenues & Volume, By EEG, 2021- 2031F |
6.1.4 Grenada Body Sensor Market Revenues & Volume, By Visual, 2021- 2031F |
6.1.5 Grenada Body Sensor Market Revenues & Volume, By Respiration, 2021- 2031F |
6.1.6 Grenada Body Sensor Market Revenues & Volume, By ECG, 2021- 2031F |
6.1.7 Grenada Body Sensor Market Revenues & Volume, By Blood Pressure, 2021- 2031F |
6.1.8 Grenada Body Sensor Market Revenues & Volume, By Temperature, 2021- 2031F |
6.2 Grenada Body Sensor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Body Sensor Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.2.3 Grenada Body Sensor Market Revenues & Volume, By Defense, 2021- 2031F |
6.2.4 Grenada Body Sensor Market Revenues & Volume, By Man-Machine Interface, 2021- 2031F |
6.2.5 Grenada Body Sensor Market Revenues & Volume, By Sports Body, 2021- 2031F |
6.3 Grenada Body Sensor Market, By Placement Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Body Sensor Market Revenues & Volume, By Wearable, 2021- 2031F |
6.3.3 Grenada Body Sensor Market Revenues & Volume, By Implantable, 2021- 2031F |
7 Grenada Body Sensor Market Import-Export Trade Statistics |
7.1 Grenada Body Sensor Market Export to Major Countries |
7.2 Grenada Body Sensor Market Imports from Major Countries |
8 Grenada Body Sensor Market Key Performance Indicators |
8.1 Average daily usage time of body sensors by consumers |
8.2 Number of new product launches in the body sensor market |
8.3 Percentage increase in the adoption of telemedicine services in Grenada |
8.4 Rate of growth in partnerships between sensor manufacturers and healthcare providers |
8.5 Average response time for alerts generated by body sensors |
9 Grenada Body Sensor Market - Opportunity Assessment |
9.1 Grenada Body Sensor Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Body Sensor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Body Sensor Market Opportunity Assessment, By Placement Type, 2021 & 2031F |
10 Grenada Body Sensor Market - Competitive Landscape |
10.1 Grenada Body Sensor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Body Sensor 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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