| Product Code: ETC11854822 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Grenada continues to see a surge in import shipments of electrical stimulation devices, with the USA, Iceland, Canada, Italy, and China leading the way in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competition among these top exporting countries. The impressive compound annual growth rate (CAGR) of 39.6% from 2020 to 2024 highlights the increasing demand for these devices in Grenada. Additionally, the growth rate of 8.5% from 2023 to 2024 indicates sustained momentum in the market, making it an attractive sector for further exploration and investment.
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 Electrical Stimulation Devices Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electrical Stimulation Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electrical Stimulation Devices Market - Industry Life Cycle |
3.4 Grenada Electrical Stimulation Devices Market - Porter's Five Forces |
3.5 Grenada Electrical Stimulation Devices Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Grenada Electrical Stimulation Devices Market Revenues & Volume Share, By Features, 2021 & 2031F |
3.7 Grenada Electrical Stimulation Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Electrical Stimulation Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Grenada Electrical Stimulation Devices Market Revenues & Volume Share, By Stimulation Mode, 2021 & 2031F |
4 Grenada Electrical Stimulation Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Electrical Stimulation Devices Market Trends |
6 Grenada Electrical Stimulation Devices Market, By Types |
6.1 Grenada Electrical Stimulation Devices Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Device Type, 2021 - 2031F |
6.1.3 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Transcutaneous Electrical Nerve Stimulation (TENS), 2021 - 2031F |
6.1.4 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Neuromuscular Electrical Stimulation (NMES), 2021 - 2031F |
6.1.5 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Functional Electrical Stimulation (FES), 2021 - 2031F |
6.1.6 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Deep Brain Stimulation (DBS), 2021 - 2031F |
6.2 Grenada Electrical Stimulation Devices Market, By Features |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Pain Relief, 2021 - 2031F |
6.2.3 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Muscle Strengthening, 2021 - 2031F |
6.2.4 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Mobility Enhancement, 2021 - 2031F |
6.2.5 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Brain Function Modulation, 2021 - 2031F |
6.3 Grenada Electrical Stimulation Devices Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Chronic Pain, 2021 - 2031F |
6.3.3 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Rehabilitation Therapy, 2021 - 2031F |
6.3.4 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Spinal Cord Injury, 2021 - 2031F |
6.3.5 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Parkinson's Disease, 2021 - 2031F |
6.4 Grenada Electrical Stimulation Devices Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.4.3 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Physical Therapy Clinics, 2021 - 2031F |
6.4.4 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Research Centers, 2021 - 2031F |
6.4.5 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Neuroscience Facilities, 2021 - 2031F |
6.5 Grenada Electrical Stimulation Devices Market, By Stimulation Mode |
6.5.1 Overview and Analysis |
6.5.2 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Pulsed, 2021 - 2031F |
6.5.3 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Continuous, 2021 - 2031F |
6.5.4 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Modulated, 2021 - 2031F |
6.5.5 Grenada Electrical Stimulation Devices Market Revenues & Volume, By Adaptive, 2021 - 2031F |
7 Grenada Electrical Stimulation Devices Market Import-Export Trade Statistics |
7.1 Grenada Electrical Stimulation Devices Market Export to Major Countries |
7.2 Grenada Electrical Stimulation Devices Market Imports from Major Countries |
8 Grenada Electrical Stimulation Devices Market Key Performance Indicators |
9 Grenada Electrical Stimulation Devices Market - Opportunity Assessment |
9.1 Grenada Electrical Stimulation Devices Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Grenada Electrical Stimulation Devices Market Opportunity Assessment, By Features, 2021 & 2031F |
9.3 Grenada Electrical Stimulation Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Electrical Stimulation Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Grenada Electrical Stimulation Devices Market Opportunity Assessment, By Stimulation Mode, 2021 & 2031F |
10 Grenada Electrical Stimulation Devices Market - Competitive Landscape |
10.1 Grenada Electrical Stimulation Devices Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electrical Stimulation Devices 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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