| Product Code: ETC4732578 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s cannula import market saw significant growth in 2024, with the top exporting countries being the USA, Iceland, Canada, Barbados, and Italy. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high throughout the year. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 37.09%, indicating a rapidly expanding market. Additionally, the growth rate from 2023 to 2024 stood at 5.57%, highlighting continued momentum in the importation of cannulas into Grenada.
The Cannula market in Grenada is projected to grow at a stable growth rate of 2.26% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Cannula Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cannula Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cannula Market - Industry Life Cycle |
3.4 Grenada Cannula Market - Porter's Five Forces |
3.5 Grenada Cannula Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Cannula Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Cannula Market Revenues & Volume Share, By Patient, 2021 & 2031F |
3.8 Grenada Cannula Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Cannula Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Cannula Market Trends |
6 Grenada Cannula Market Segmentations |
6.1 Grenada Cannula Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cannula Market Revenues & Volume, By Nasal cannula, 2021-2031F |
6.1.3 Grenada Cannula Market Revenues & Volume, By Straight cannula, 2021-2031F |
6.1.4 Grenada Cannula Market Revenues & Volume, By Winged cannula, 2021-2031F |
6.1.5 Grenada Cannula Market Revenues & Volume, By Cannulas with wings and ports, 2021-2031F |
6.1.6 Grenada Cannula Market Revenues & Volume, By Cannulas with integrated stop cock, 2021-2031F |
6.1.7 Grenada Cannula Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Cannula Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cannula Market Revenues & Volume, By Plastic, 2021-2031F |
6.2.3 Grenada Cannula Market Revenues & Volume, By Silicone, 2021-2031F |
6.2.4 Grenada Cannula Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Cannula Market, By Patient |
6.3.1 Overview and Analysis |
6.3.2 Grenada Cannula Market Revenues & Volume, By Adult, 2021-2031F |
6.3.3 Grenada Cannula Market Revenues & Volume, By Pediatric, 2021-2031F |
6.4 Grenada Cannula Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Cannula Market Revenues & Volume, By Hospitals, 2021-2031F |
6.4.3 Grenada Cannula Market Revenues & Volume, By Ambulatory surgical centers, 2021-2031F |
6.4.4 Grenada Cannula Market Revenues & Volume, By Diagnostic laboratories, 2021-2031F |
6.4.5 Grenada Cannula Market Revenues & Volume, By Clinics, 2021-2031F |
6.4.6 Grenada Cannula Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Cannula Market Import-Export Trade Statistics |
7.1 Grenada Cannula Market Export to Major Countries |
7.2 Grenada Cannula Market Imports from Major Countries |
8 Grenada Cannula Market Key Performance Indicators |
9 Grenada Cannula Market - Opportunity Assessment |
9.1 Grenada Cannula Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Cannula Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Cannula Market Opportunity Assessment, By Patient, 2021 & 2031F |
9.4 Grenada Cannula Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Cannula Market - Competitive Landscape |
10.1 Grenada Cannula Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cannula 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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