| Product Code: ETC7373323 | 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 continues to witness a strong inflow of laceration closure devices from top exporting countries like the USA, Iceland, Canada, Italy, and China in 2024. The market shows high concentration with a high Herfindahl-Hirschman Index (HHI). The impressive Compound Annual Growth Rate (CAGR) of 39.6% from 2020 to 2024 indicates a thriving market. The growth rate of 8.5% from 2023 to 2024 demonstrates sustained momentum in the import of these essential medical devices, reflecting a promising trend for the industry in 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 Laceration Closure Devices Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Laceration Closure Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Laceration Closure Devices Market - Industry Life Cycle |
3.4 Grenada Laceration Closure Devices Market - Porter's Five Forces |
3.5 Grenada Laceration Closure Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Laceration Closure Devices Market Revenues & Volume Share, By Wound Type, 2021 & 2031F |
3.7 Grenada Laceration Closure Devices Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada Laceration Closure Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Laceration Closure Devices Market Trends |
6 Grenada Laceration Closure Devices Market, By Types |
6.1 Grenada Laceration Closure Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Laceration Closure Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Laceration Closure Devices Market Revenues & Volume, By Staples, 2021- 2031F |
6.1.4 Grenada Laceration Closure Devices Market Revenues & Volume, By Hemostats, 2021- 2031F |
6.1.5 Grenada Laceration Closure Devices Market Revenues & Volume, By Adhesives, 2021- 2031F |
6.1.6 Grenada Laceration Closure Devices Market Revenues & Volume, By Sutures, 2021- 2031F |
6.1.7 Grenada Laceration Closure Devices Market Revenues & Volume, By Strips, 2021- 2031F |
6.1.8 Grenada Laceration Closure Devices Market Revenues & Volume, By Sealants, 2021- 2031F |
6.1.9 Grenada Laceration Closure Devices Market Revenues & Volume, By Mechanical Wound Closure Devices, 2021- 2031F |
6.1.10 Grenada Laceration Closure Devices Market Revenues & Volume, By Mechanical Wound Closure Devices, 2021- 2031F |
6.2 Grenada Laceration Closure Devices Market, By Wound Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Laceration Closure Devices Market Revenues & Volume, By Acute, 2021- 2031F |
6.2.3 Grenada Laceration Closure Devices Market Revenues & Volume, By Chronic, 2021- 2031F |
6.2.4 Grenada Laceration Closure Devices Market Revenues & Volume, By Burns, 2021- 2031F |
6.2.5 Grenada Laceration Closure Devices Market Revenues & Volume, By Ulcers, 2021- 2031F |
6.2.6 Grenada Laceration Closure Devices Market Revenues & Volume, By Surgical Wounds, 2021- 2031F |
6.2.7 Grenada Laceration Closure Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Laceration Closure Devices Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Laceration Closure Devices Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Grenada Laceration Closure Devices Market Revenues & Volume, By Ambulatory Surgery Centers, 2021- 2031F |
6.3.4 Grenada Laceration Closure Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Laceration Closure Devices Market Import-Export Trade Statistics |
7.1 Grenada Laceration Closure Devices Market Export to Major Countries |
7.2 Grenada Laceration Closure Devices Market Imports from Major Countries |
8 Grenada Laceration Closure Devices Market Key Performance Indicators |
9 Grenada Laceration Closure Devices Market - Opportunity Assessment |
9.1 Grenada Laceration Closure Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Laceration Closure Devices Market Opportunity Assessment, By Wound Type, 2021 & 2031F |
9.3 Grenada Laceration Closure Devices Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada Laceration Closure Devices Market - Competitive Landscape |
10.1 Grenada Laceration Closure Devices Market Revenue Share, By Companies, 2024 |
10.2 Grenada Laceration Closure 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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