| Product Code: ETC7366403 | 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 continued to rely on imports of catheters primarily from the USA, Barbados, Panama, Puerto Rico, and India. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with limited competition. Despite a strong compound annual growth rate (CAGR) of 18.16% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 (-21.86%). This fluctuation suggests potential shifts in market dynamics or regulatory factors that impacted the importation of catheters into 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 Catheters Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Catheters Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Catheters Market - Industry Life Cycle |
3.4 Grenada Catheters Market - Porter's Five Forces |
3.5 Grenada Catheters Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Catheters Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Grenada Catheters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases requiring catheterization procedures |
4.2.2 Technological advancements in catheter design improving patient comfort and safety |
4.2.3 Growing aging population globally leading to higher demand for medical devices like catheters |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for product approval and manufacturing |
4.3.2 High cost associated with development and production of catheters |
4.3.3 Competition from alternative treatment methods like minimally invasive surgeries |
5 Grenada Catheters Market Trends |
6 Grenada Catheters Market, By Types |
6.1 Grenada Catheters Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Catheters Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Catheters Market Revenues & Volume, By Cardiovascular, 2021- 2031F |
6.1.4 Grenada Catheters Market Revenues & Volume, By Urology, 2021- 2031F |
6.1.5 Grenada Catheters Market Revenues & Volume, By Intravenous, 2021- 2031F |
6.1.6 Grenada Catheters Market Revenues & Volume, By Neurovascular, 2021- 2031F |
6.1.7 Grenada Catheters Market Revenues & Volume, By Specialty, 2021- 2031F |
6.2 Grenada Catheters Market, By End Users |
6.2.1 Overview and Analysis |
6.2.2 Grenada Catheters Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 Grenada Catheters Market Revenues & Volume, By Ambulatory Surgical Center, 2021- 2031F |
6.2.4 Grenada Catheters Market Revenues & Volume, By Dialysis Center, 2021- 2031F |
6.2.5 Grenada Catheters Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Catheters Market Import-Export Trade Statistics |
7.1 Grenada Catheters Market Export to Major Countries |
7.2 Grenada Catheters Market Imports from Major Countries |
8 Grenada Catheters Market Key Performance Indicators |
8.1 Rate of adoption of advanced catheter technologies in hospitals and clinics |
8.2 Number of procedures involving catheterization performed annually |
8.3 Percentage of catheter-related infections or complications compared to total procedures performed |
9 Grenada Catheters Market - Opportunity Assessment |
9.1 Grenada Catheters Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Catheters Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Grenada Catheters Market - Competitive Landscape |
10.1 Grenada Catheters Market Revenue Share, By Companies, 2024 |
10.2 Grenada Catheters 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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