| Product Code: ETC11566054 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to heavily rely on imports of cervical plates, with the top exporting countries being the USA, Barbados, UK, India, and Jamaica. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with significant market power held by a few key suppliers. The impressive Compound Annual Growth Rate (CAGR) of 120.63% from 2020 to 2024 highlights the strong demand for cervical plates in Grenada. Furthermore, the remarkable growth rate of 1757.28% from 2023 to 2024 suggests a rapid acceleration in import volumes, potentially driven by advancements in healthcare infrastructure and procedures.
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 Cervical Plate Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cervical Plate Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cervical Plate Market - Industry Life Cycle |
3.4 Grenada Cervical Plate Market - Porter's Five Forces |
3.5 Grenada Cervical Plate Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Cervical Plate Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Grenada Cervical Plate Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Cervical Plate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Cervical Plate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Cervical Plate Market Trends |
6 Grenada Cervical Plate Market, By Types |
6.1 Grenada Cervical Plate Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cervical Plate Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Cervical Plate Market Revenues & Volume, By Anterior Cervical Plates, 2021 - 2031F |
6.1.4 Grenada Cervical Plate Market Revenues & Volume, By Posterior Cervical Plates, 2021 - 2031F |
6.1.5 Grenada Cervical Plate Market Revenues & Volume, By Zero Profile Cervical Plates, 2021 - 2031F |
6.1.6 Grenada Cervical Plate Market Revenues & Volume, By Custom Cervical Plates, 2021 - 2031F |
6.2 Grenada Cervical Plate Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cervical Plate Market Revenues & Volume, By Titanium Alloy, 2021 - 2031F |
6.2.3 Grenada Cervical Plate Market Revenues & Volume, By Polyetheretherketone, 2021 - 2031F |
6.2.4 Grenada Cervical Plate Market Revenues & Volume, By Polycarbonate, 2021 - 2031F |
6.2.5 Grenada Cervical Plate Market Revenues & Volume, By Biocompatible Materials, 2021 - 2031F |
6.3 Grenada Cervical Plate Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Cervical Plate Market Revenues & Volume, By Patients undergoing Spinal Fusion Surgery, 2021 - 2031F |
6.3.3 Grenada Cervical Plate Market Revenues & Volume, By Patients with Cervical Spine Deformities, 2021 - 2031F |
6.3.4 Grenada Cervical Plate Market Revenues & Volume, By Patients needing minimal profile implants, 2021 - 2031F |
6.3.5 Grenada Cervical Plate Market Revenues & Volume, By Patients with Specific Spinal Conditions, 2021 - 2031F |
6.4 Grenada Cervical Plate Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Cervical Plate Market Revenues & Volume, By Spinal Surgery Support, 2021 - 2031F |
6.4.3 Grenada Cervical Plate Market Revenues & Volume, By Spine Stabilization, 2021 - 2031F |
6.4.4 Grenada Cervical Plate Market Revenues & Volume, By Low-Profile Surgical Solutions, 2021 - 2031F |
6.4.5 Grenada Cervical Plate Market Revenues & Volume, By Personalized Spinal Implants, 2021 - 2031F |
7 Grenada Cervical Plate Market Import-Export Trade Statistics |
7.1 Grenada Cervical Plate Market Export to Major Countries |
7.2 Grenada Cervical Plate Market Imports from Major Countries |
8 Grenada Cervical Plate Market Key Performance Indicators |
9 Grenada Cervical Plate Market - Opportunity Assessment |
9.1 Grenada Cervical Plate Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Cervical Plate Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Grenada Cervical Plate Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Cervical Plate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Cervical Plate Market - Competitive Landscape |
10.1 Grenada Cervical Plate Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cervical Plate 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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