| Product Code: ETC12536038 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to rely on imports of limb prosthetics, with major exporters being the USA, UK, Barbados, India, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 18.84% from 2020-24 and a growth rate of 19.62% from 2023-24 highlight a robust demand for limb prosthetics in Grenada, showcasing opportunities for market expansion and innovation in the healthcare sector.
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 Limb Prosthetics Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Limb Prosthetics Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Limb Prosthetics Market - Industry Life Cycle |
3.4 Grenada Limb Prosthetics Market - Porter's Five Forces |
3.5 Grenada Limb Prosthetics Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.6 Grenada Limb Prosthetics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Limb Prosthetics Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Limb Prosthetics Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Grenada Limb Prosthetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Technological advancements in prosthetic devices |
4.2.2 Increasing prevalence of limb amputations due to accidents, diseases, and conflicts |
4.2.3 Growing awareness about the benefits of prosthetic limbs in improving quality of life |
4.3 Market Restraints |
4.3.1 High cost associated with limb prosthetics |
4.3.2 Limited access to advanced prosthetic technologies in certain regions |
4.3.3 Lack of skilled healthcare professionals specializing in prosthetics |
5 Grenada Limb Prosthetics Market Trends |
6 Grenada Limb Prosthetics Market, By Types |
6.1 Grenada Limb Prosthetics Market, By Technology Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Limb Prosthetics Market Revenues & Volume, By Technology Type, 2021 - 2031F |
6.1.3 Grenada Limb Prosthetics Market Revenues & Volume, By Myoelectric, 2021 - 2031F |
6.1.4 Grenada Limb Prosthetics Market Revenues & Volume, By Microprocessor-Controlled, 2021 - 2031F |
6.1.5 Grenada Limb Prosthetics Market Revenues & Volume, By Cosmetic, 2021 - 2031F |
6.2 Grenada Limb Prosthetics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Limb Prosthetics Market Revenues & Volume, By Upper Limb Replacement, 2021 - 2031F |
6.2.3 Grenada Limb Prosthetics Market Revenues & Volume, By Lower Limb Replacement, 2021 - 2031F |
6.2.4 Grenada Limb Prosthetics Market Revenues & Volume, By Aesthetic Restoration, 2021 - 2031F |
6.2.5 Grenada Limb Prosthetics Market Revenues & Volume, By Pediatric Prosthetics, 2021 - 2031F |
6.3 Grenada Limb Prosthetics Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Limb Prosthetics Market Revenues & Volume, By Amputees, 2021 - 2031F |
6.3.3 Grenada Limb Prosthetics Market Revenues & Volume, By Elderly Patients, 2021 - 2031F |
6.3.4 Grenada Limb Prosthetics Market Revenues & Volume, By Individuals with Limb Loss, 2021 - 2031F |
6.3.5 Grenada Limb Prosthetics Market Revenues & Volume, By Children, 2021 - 2031F |
6.4 Grenada Limb Prosthetics Market, By Product Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Limb Prosthetics Market Revenues & Volume, By Bionic Arms, 2021 - 2031F |
6.4.3 Grenada Limb Prosthetics Market Revenues & Volume, By Prosthetic Knees, 2021 - 2031F |
6.4.4 Grenada Limb Prosthetics Market Revenues & Volume, By Silicone Hands, 2021 - 2031F |
6.4.5 Grenada Limb Prosthetics Market Revenues & Volume, By Modular Limbs, 2021 - 2031F |
7 Grenada Limb Prosthetics Market Import-Export Trade Statistics |
7.1 Grenada Limb Prosthetics Market Export to Major Countries |
7.2 Grenada Limb Prosthetics Market Imports from Major Countries |
8 Grenada Limb Prosthetics Market Key Performance Indicators |
8.1 Average waiting time for prosthetic limb fittings |
8.2 Patient satisfaction rates with prosthetic devices |
8.3 Number of successful prosthetic rehabilitation cases |
8.4 Percentage of population with access to prosthetic limb services |
8.5 Rate of adoption of advanced prosthetic technologies |
9 Grenada Limb Prosthetics Market - Opportunity Assessment |
9.1 Grenada Limb Prosthetics Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.2 Grenada Limb Prosthetics Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Limb Prosthetics Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Limb Prosthetics Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Grenada Limb Prosthetics Market - Competitive Landscape |
10.1 Grenada Limb Prosthetics Market Revenue Share, By Companies, 2024 |
10.2 Grenada Limb Prosthetics 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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