| Product Code: ETC5723143 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s high performance medical plastics import market continued to show strong growth in 2024, with top exporting countries being the USA, UAE, Trinidad and Tobago, China, and the UK. The market concentration, as measured by the HHI, remained very high, indicating a dominant presence of key suppliers. Despite a slight dip in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period was an impressive 12.11%. This data suggests a stable demand for high performance medical plastics in Grenada, with key players maintaining their position in the market.
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 High Performance Medical Plastics Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada High Performance Medical Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada High Performance Medical Plastics Market - Industry Life Cycle |
3.4 Grenada High Performance Medical Plastics Market - Porter's Five Forces |
3.5 Grenada High Performance Medical Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada High Performance Medical Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada High Performance Medical Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable medical devices |
4.2.2 Growing focus on infection control and sterilization in healthcare facilities |
4.2.3 Advancements in technology leading to the development of innovative medical plastic materials |
4.3 Market Restraints |
4.3.1 Stringent regulations and standards for medical-grade plastics |
4.3.2 Fluctuating raw material prices affecting production costs |
5 Grenada High Performance Medical Plastics Market Trends |
6 Grenada High Performance Medical Plastics Market Segmentations |
6.1 Grenada High Performance Medical Plastics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada High Performance Medical Plastics Market Revenues & Volume, By Fluoropolymers (FP), 2021-2031F |
6.1.3 Grenada High Performance Medical Plastics Market Revenues & Volume, By High Performance Polyamides (HPPA), 2021-2031F |
6.1.4 Grenada High Performance Medical Plastics Market Revenues & Volume, By Polyaryletherketones (PAEK), 2021-2031F |
6.1.5 Grenada High Performance Medical Plastics Market Revenues & Volume, By Polyphenylene Sulfides (PPS), 2021-2031F |
6.1.6 Grenada High Performance Medical Plastics Market Revenues & Volume, By Polyetherimide (PEI), 2021-2031F |
6.1.7 Grenada High Performance Medical Plastics Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada High Performance Medical Plastics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada High Performance Medical Plastics Market Revenues & Volume, By Medical Supplies, 2021-2031F |
6.2.3 Grenada High Performance Medical Plastics Market Revenues & Volume, By Medical Equipment & Tools, 2021-2031F |
6.2.4 Grenada High Performance Medical Plastics Market Revenues & Volume, By Drug Delivery, 2021-2031F |
6.2.5 Grenada High Performance Medical Plastics Market Revenues & Volume, By Prosthesis & Implants, 2021-2031F |
6.2.6 Grenada High Performance Medical Plastics Market Revenues & Volume, By Therapeutic System, 2021-2031F |
7 Grenada High Performance Medical Plastics Market Import-Export Trade Statistics |
7.1 Grenada High Performance Medical Plastics Market Export to Major Countries |
7.2 Grenada High Performance Medical Plastics Market Imports from Major Countries |
8 Grenada High Performance Medical Plastics Market Key Performance Indicators |
8.1 Number of new medical device launches using high performance plastics |
8.2 Adoption rate of high performance medical plastics in healthcare facilities |
8.3 Research and development investment in high performance medical plastics innovation |
9 Grenada High Performance Medical Plastics Market - Opportunity Assessment |
9.1 Grenada High Performance Medical Plastics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada High Performance Medical Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada High Performance Medical Plastics Market - Competitive Landscape |
10.1 Grenada High Performance Medical Plastics Market Revenue Share, By Companies, 2024 |
10.2 Grenada High Performance Medical Plastics 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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