Grenada Left Ventricular Assist Device (LVAD) Market (2025-2031) | Size & Revenue, Companies, Share, Segmentation, Growth, Value, Trends, Analysis, Industry, Outlook, Competitive Landscape, Forecast

Name: Grenada Left Ventricular Assist Device (LVAD) Market (2025-2031) | Trends & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Product Type (Heart Pump, Controller, Batteries, Wires), By Therapy (Bridge-To-Transplant (BTT) Therapy, Destination Therapy, Bridge-To-Candidacy (BTC) Therapy, Bridge-To-Recovery (BTR) Therapy), By Age Group (Adult, Pediatric), By Indication (Congestive Heart Failure, Congenital Heart Disease, Myocarditis, Cardiac Arrest, Familial Arrhythmias and Arrhythmic, Cardiomyopathies, Advanced Heart Failure, Others), By Generation (Second Generation Devices, Third Generation Devices, First Generation Devices), By Durability (Long-Term, Intermediate-Term, Short-Term), By Design (Axial, Centrifugal), By Pulse Type (Nonpulsatile, Pulsatile) And Competitive Landscape

Product Code: ETC7373535	Publication Date: Sep 2024	Updated Date: Oct 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Dhaval Chaurasia	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Grenada Left Ventricular Assist Device (Lvad) Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada continued to heavily rely on imports of Left Ventricular Assist Devices (LVADs) with the top exporting countries being the USA, Iceland, Canada, Italy, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market for these imports. The impressive compound annual growth rate (CAGR) of 39.6% from 2020 to 2024 highlights the increasing demand for LVADs in Grenada. Moreover, a growth rate of 8.5% from 2023 to 2024 signals a sustained upward trend in the market, presenting opportunities for further expansion and development in the sector.

Key Highlights of the Report:

Grenada Left Ventricular Assist Device (LVAD) Market Outlook
Market Size of Grenada Left Ventricular Assist Device (LVAD) Market, 2024
Forecast of Grenada Left Ventricular Assist Device (LVAD) Market, 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Revenues & Volume for the Period 2021- 2031
Grenada Left Ventricular Assist Device (LVAD) Market Trend Evolution
Grenada Left Ventricular Assist Device (LVAD) Market Drivers and Challenges
Grenada Left Ventricular Assist Device (LVAD) Price Trends
Grenada Left Ventricular Assist Device (LVAD) Porter's Five Forces
Grenada Left Ventricular Assist Device (LVAD) Industry Life Cycle
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Product Type for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Heart Pump for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Controller for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Batteries for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Wires for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Therapy for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Bridge-To-Transplant (BTT) Therapy for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Destination Therapy for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Bridge-To-Candidacy (BTC) Therapy for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Bridge-To-Recovery (BTR) Therapy for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Age Group for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Adult for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Pediatric for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Indication for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Congestive Heart Failure for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Congenital Heart Disease for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Myocarditis for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Cardiac Arrest for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Familial Arrhythmias and Arrhythmic for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Cardiomyopathies for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Advanced Heart Failure for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Others for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Generation for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Second Generation Devices for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Third Generation Devices for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By First Generation Devices for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Durability for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Long-Term for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Intermediate-Term for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Short-Term for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Design for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Axial for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Centrifugal for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Pulse Type for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Nonpulsatile for the Period 2021- 2031
Historical Data and Forecast of Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume By Pulsatile for the Period 2021- 2031
Grenada Left Ventricular Assist Device (LVAD) Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Therapy
Market Opportunity Assessment By Age Group
Market Opportunity Assessment By Indication
Market Opportunity Assessment By Generation
Market Opportunity Assessment By Durability
Market Opportunity Assessment By Design
Market Opportunity Assessment By Pulse Type
Grenada Left Ventricular Assist Device (LVAD) Top Companies Market Share
Grenada Left Ventricular Assist Device (LVAD) Competitive Benchmarking By Technical and Operational Parameters
Grenada Left Ventricular Assist Device (LVAD) Company Profiles
Grenada Left Ventricular Assist Device (LVAD) Key Strategic Recommendations

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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 Left Ventricular Assist Device (LVAD) Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Left Ventricular Assist Device (LVAD) Market - Industry Life Cycle

3.4 Grenada Left Ventricular Assist Device (LVAD) Market - Porter's Five Forces

3.5 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume Share, By Therapy, 2021 & 2031F

3.7 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume Share, By Age Group, 2021 & 2031F

3.8 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume Share, By Indication, 2021 & 2031F

3.9 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume Share, By Generation, 2021 & 2031F

3.10 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume Share, By Durability, 2021 & 2031F

3.11 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume Share, By Design, 2021 & 2031F

4 Grenada Left Ventricular Assist Device (LVAD) Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing prevalence of cardiovascular diseases in Grenada

4.2.2 Technological advancements in left ventricular assist devices

4.2.3 Rising awareness about the benefits of LVAD therapy

4.3 Market Restraints

4.3.1 High cost associated with LVAD devices and procedures

4.3.2 Limited healthcare infrastructure in Grenada

4.3.3 Stringent regulatory requirements for medical devices

5 Grenada Left Ventricular Assist Device (LVAD) Market Trends

6 Grenada Left Ventricular Assist Device (LVAD) Market, By Types

6.1 Grenada Left Ventricular Assist Device (LVAD) Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Product Type, 2021- 2031F

6.1.3 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Heart Pump, 2021- 2031F

6.1.4 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Controller, 2021- 2031F

6.1.5 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Batteries, 2021- 2031F

6.1.6 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Wires, 2021- 2031F

6.2 Grenada Left Ventricular Assist Device (LVAD) Market, By Therapy

6.2.1 Overview and Analysis

6.2.2 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Bridge-To-Transplant (BTT) Therapy, 2021- 2031F

6.2.3 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Destination Therapy, 2021- 2031F

6.2.4 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Bridge-To-Candidacy (BTC) Therapy, 2021- 2031F

6.2.5 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Bridge-To-Recovery (BTR) Therapy, 2021- 2031F

6.3 Grenada Left Ventricular Assist Device (LVAD) Market, By Age Group

6.3.1 Overview and Analysis

6.3.2 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Adult, 2021- 2031F

6.3.3 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Pediatric, 2021- 2031F

6.4 Grenada Left Ventricular Assist Device (LVAD) Market, By Indication

6.4.1 Overview and Analysis

6.4.2 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Congestive Heart Failure, 2021- 2031F

6.4.3 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Congenital Heart Disease, 2021- 2031F

6.4.4 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Myocarditis, 2021- 2031F

6.4.5 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Cardiac Arrest, 2021- 2031F

6.4.6 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Familial Arrhythmias and Arrhythmic, 2021- 2031F

6.4.7 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Cardiomyopathies, 2021- 2031F

6.4.8 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Others, 2021- 2031F

6.4.9 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Others, 2021- 2031F

6.5 Grenada Left Ventricular Assist Device (LVAD) Market, By Generation

6.5.1 Overview and Analysis

6.5.2 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Second Generation Devices, 2021- 2031F

6.5.3 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Third Generation Devices, 2021- 2031F

6.5.4 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By First Generation Devices, 2021- 2031F

6.6 Grenada Left Ventricular Assist Device (LVAD) Market, By Durability

6.6.1 Overview and Analysis

6.6.2 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Long-Term, 2021- 2031F

6.6.3 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Intermediate-Term, 2021- 2031F

6.6.4 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Short-Term, 2021- 2031F

6.7 Grenada Left Ventricular Assist Device (LVAD) Market, By Design

6.7.1 Overview and Analysis

6.7.2 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Axial, 2021- 2031F

6.7.3 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Centrifugal, 2021- 2031F

6.8 Grenada Left Ventricular Assist Device (LVAD) Market, By Pulse Type

6.8.1 Overview and Analysis

6.8.2 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Nonpulsatile, 2021- 2031F

6.8.3 Grenada Left Ventricular Assist Device (LVAD) Market Revenues & Volume, By Pulsatile, 2021- 2031F

7 Grenada Left Ventricular Assist Device (LVAD) Market Import-Export Trade Statistics

7.1 Grenada Left Ventricular Assist Device (LVAD) Market Export to Major Countries

7.2 Grenada Left Ventricular Assist Device (LVAD) Market Imports from Major Countries

8 Grenada Left Ventricular Assist Device (LVAD) Market Key Performance Indicators

8.1 Average waiting time for LVAD implantation surgery

8.2 Number of hospitals offering LVAD implantation services in Grenada

8.3 Patient satisfaction rates with LVAD therapy

8.4 Rate of adoption of LVAD therapy among cardiologists in Grenada

8.5 Number of research studies conducted on LVAD outcomes in Grenada

9 Grenada Left Ventricular Assist Device (LVAD) Market - Opportunity Assessment

9.1 Grenada Left Ventricular Assist Device (LVAD) Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Grenada Left Ventricular Assist Device (LVAD) Market Opportunity Assessment, By Therapy, 2021 & 2031F

9.3 Grenada Left Ventricular Assist Device (LVAD) Market Opportunity Assessment, By Age Group, 2021 & 2031F

9.4 Grenada Left Ventricular Assist Device (LVAD) Market Opportunity Assessment, By Indication, 2021 & 2031F

9.5 Grenada Left Ventricular Assist Device (LVAD) Market Opportunity Assessment, By Generation, 2021 & 2031F

9.6 Grenada Left Ventricular Assist Device (LVAD) Market Opportunity Assessment, By Durability, 2021 & 2031F

9.7 Grenada Left Ventricular Assist Device (LVAD) Market Opportunity Assessment, By Design, 2021 & 2031F

9.7 Grenada Left Ventricular Assist Device (LVAD) Market Opportunity Assessment, By Pulse Type, 2021 & 2031F

10 Grenada Left Ventricular Assist Device (LVAD) Market - Competitive Landscape

10.1 Grenada Left Ventricular Assist Device (LVAD) Market Revenue Share, By Companies, 2024

10.2 Grenada Left Ventricular Assist Device (LVAD) Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Global Left Ventricular Assist Device (LVAD) Market

Mongolia Left Ventricular Assist Device (LVAD) Market

Montenegro Left Ventricular Assist Device (LVAD) Market

Mozambique Left Ventricular Assist Device (LVAD) Market

Namibia Left Ventricular Assist Device (LVAD) Market

Nauru Left Ventricular Assist Device (LVAD) Market

Export potential assessment - trade Analytics for 2030

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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