| Product Code: ETC7373937 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to see a high concentration of low vision aids imports, with the top exporting countries being the USA, Trinidad and Tobago, Panama, UK, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a solid compound annual growth rate (CAGR) of 5.52% from 2020 to 2024, the low vision aids import market in Grenada is showing steady growth. The impressive growth rate of 9.05% from 2023 to 2024 suggests a promising outlook for the industry in the coming years.
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 Low Vision Aids Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Low Vision Aids Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Low Vision Aids Market - Industry Life Cycle |
3.4 Grenada Low Vision Aids Market - Porter's Five Forces |
3.5 Grenada Low Vision Aids Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Low Vision Aids Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Low Vision Aids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of vision impairment and low vision conditions in Grenada |
4.2.2 Growing awareness about the availability and benefits of low vision aids |
4.2.3 Technological advancements leading to the development of innovative and effective low vision aids |
4.3 Market Restraints |
4.3.1 Limited access to healthcare services and eye care professionals in Grenada |
4.3.2 Affordability issues for low-income individuals in purchasing low vision aids |
4.3.3 Lack of comprehensive government support and policies for vision care and low vision aid provision in Grenada |
5 Grenada Low Vision Aids Market Trends |
6 Grenada Low Vision Aids Market, By Types |
6.1 Grenada Low Vision Aids Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Low Vision Aids Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Low Vision Aids Market Revenues & Volume, By Optical Aids, 2021- 2031F |
6.1.4 Grenada Low Vision Aids Market Revenues & Volume, By Non-Optical Aids, 2021- 2031F |
6.1.5 Grenada Low Vision Aids Market Revenues & Volume, By Electronic Aids, 2021- 2031F |
6.2 Grenada Low Vision Aids Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Low Vision Aids Market Revenues & Volume, By Hospital Pharmacies, 2021- 2031F |
6.2.3 Grenada Low Vision Aids Market Revenues & Volume, By Retail Pharmacies, 2021- 2031F |
6.2.4 Grenada Low Vision Aids Market Revenues & Volume, By Optical Stores, 2021- 2031F |
6.2.5 Grenada Low Vision Aids Market Revenues & Volume, By Online Pharmacies, 2021- 2031F |
7 Grenada Low Vision Aids Market Import-Export Trade Statistics |
7.1 Grenada Low Vision Aids Market Export to Major Countries |
7.2 Grenada Low Vision Aids Market Imports from Major Countries |
8 Grenada Low Vision Aids Market Key Performance Indicators |
8.1 Number of low vision aid clinics or centers established in Grenada |
8.2 Percentage increase in the adoption of low vision aids among the visually impaired population |
8.3 Average waiting time for individuals seeking low vision aid services in Grenada |
9 Grenada Low Vision Aids Market - Opportunity Assessment |
9.1 Grenada Low Vision Aids Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Low Vision Aids Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Low Vision Aids Market - Competitive Landscape |
10.1 Grenada Low Vision Aids Market Revenue Share, By Companies, 2024 |
10.2 Grenada Low Vision Aids 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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