| Product Code: ETC7372817 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s internal neuromodulation import market saw significant growth in 2024, with the top exporting countries being the USA, Iceland, Canada, Italy, and China. The market concentration, as measured by the HHI, remained very high, indicating a competitive landscape dominated by these key players. The impressive CAGR of 38.35% from 2020 to 2024 highlights the strong demand for neuromodulation devices in Grenada. Additionally, the growth rate of 6.53% from 2023 to 2024 suggests 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 Internal Neuromodulation Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Internal Neuromodulation Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Internal Neuromodulation Market - Industry Life Cycle |
3.4 Grenada Internal Neuromodulation Market - Porter's Five Forces |
3.5 Grenada Internal Neuromodulation Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Internal Neuromodulation Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Internal Neuromodulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of neurological disorders in Grenada |
4.2.2 Growing awareness about neuromodulation therapies among healthcare professionals and patients |
4.2.3 Technological advancements in neuromodulation devices |
4.3 Market Restraints |
4.3.1 High cost associated with neuromodulation therapies |
4.3.2 Limited reimbursement policies for neuromodulation procedures in Grenada |
5 Grenada Internal Neuromodulation Market Trends |
6 Grenada Internal Neuromodulation Market, By Types |
6.1 Grenada Internal Neuromodulation Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Internal Neuromodulation Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Internal Neuromodulation Market Revenues & Volume, By Spinal Cord Stimulator, 2021- 2031F |
6.1.4 Grenada Internal Neuromodulation Market Revenues & Volume, By Deep Brain Stimulator, 2021- 2031F |
6.1.5 Grenada Internal Neuromodulation Market Revenues & Volume, By Sacral Nerve Stimulator, 2021- 2031F |
6.1.6 Grenada Internal Neuromodulation Market Revenues & Volume, By Vagus Nerve Stimulator, 2021- 2031F |
6.1.7 Grenada Internal Neuromodulation Market Revenues & Volume, By Gastric Neuro Stimulator, 2021- 2031F |
6.2 Grenada Internal Neuromodulation Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Internal Neuromodulation Market Revenues & Volume, By Parkinsons Disease, 2021- 2031F |
6.2.3 Grenada Internal Neuromodulation Market Revenues & Volume, By Chronic Pain, 2021- 2031F |
7 Grenada Internal Neuromodulation Market Import-Export Trade Statistics |
7.1 Grenada Internal Neuromodulation Market Export to Major Countries |
7.2 Grenada Internal Neuromodulation Market Imports from Major Countries |
8 Grenada Internal Neuromodulation Market Key Performance Indicators |
8.1 Patient outcomes improvement rate after neuromodulation therapy |
8.2 Number of healthcare facilities offering neuromodulation services in Grenada |
8.3 Adoption rate of new neuromodulation technologies in the market |
9 Grenada Internal Neuromodulation Market - Opportunity Assessment |
9.1 Grenada Internal Neuromodulation Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Internal Neuromodulation Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Internal Neuromodulation Market - Competitive Landscape |
10.1 Grenada Internal Neuromodulation Market Revenue Share, By Companies, 2024 |
10.2 Grenada Internal Neuromodulation 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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