| Product Code: ETC12662950 | 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 |
The mechanical ventilator import market in Grenada experienced a significant shift in concentration towards the top exporting countries in 2024, with the USA, Canada, Trinidad and Tobago, Barbados, and Saint Vincent and the Grenadines dominating the shipments. The Herfindahl-Hirschman Index (HHI) indicated a sharp increase in market concentration from 2023 to 2024, reaching a very high level. Despite a negative Compound Annual Growth Rate (CAGR) of -10.46% from 2020 to 2024, the market saw a steep decline in growth rate of -56.88% from 2023 to 2024, reflecting a challenging year for mechanical ventilator imports 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 Mechanical Ventilators Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Mechanical Ventilators Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Mechanical Ventilators Market - Industry Life Cycle |
3.4 Grenada Mechanical Ventilators Market - Porter's Five Forces |
3.5 Grenada Mechanical Ventilators Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.6 Grenada Mechanical Ventilators Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.7 Grenada Mechanical Ventilators Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Mechanical Ventilators Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Grenada Mechanical Ventilators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of respiratory diseases in Grenada |
4.2.2 Growing awareness about the importance of mechanical ventilators for critical care |
4.2.3 Technological advancements in mechanical ventilator devices |
4.3 Market Restraints |
4.3.1 High costs associated with mechanical ventilators |
4.3.2 Limited healthcare infrastructure and resources in Grenada |
4.3.3 Lack of skilled healthcare professionals to operate mechanical ventilators effectively |
5 Grenada Mechanical Ventilators Market Trends |
6 Grenada Mechanical Ventilators Market, By Types |
6.1 Grenada Mechanical Ventilators Market, By Technology Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Mechanical Ventilators Market Revenues & Volume, By Technology Type, 2021 - 2031F |
6.1.3 Grenada Mechanical Ventilators Market Revenues & Volume, By Invasive Ventilation, 2021 - 2031F |
6.1.4 Grenada Mechanical Ventilators Market Revenues & Volume, By Non-Invasive Ventilation, 2021 - 2031F |
6.2 Grenada Mechanical Ventilators Market, By Application Area |
6.2.1 Overview and Analysis |
6.2.2 Grenada Mechanical Ventilators Market Revenues & Volume, By Intensive Care Units, 2021 - 2031F |
6.2.3 Grenada Mechanical Ventilators Market Revenues & Volume, By Emergency Care, 2021 - 2031F |
6.2.4 Grenada Mechanical Ventilators Market Revenues & Volume, By Neonatal Care, 2021 - 2031F |
6.2.5 Grenada Mechanical Ventilators Market Revenues & Volume, By Home Care Settings, 2021 - 2031F |
6.3 Grenada Mechanical Ventilators Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Mechanical Ventilators Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.3.3 Grenada Mechanical Ventilators Market Revenues & Volume, By Ambulatory Surgical Centers, 2021 - 2031F |
6.3.4 Grenada Mechanical Ventilators Market Revenues & Volume, By Pediatric Clinics, 2021 - 2031F |
6.3.5 Grenada Mechanical Ventilators Market Revenues & Volume, By Home Healthcare Providers, 2021 - 2031F |
6.4 Grenada Mechanical Ventilators Market, By Product Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Mechanical Ventilators Market Revenues & Volume, By Intensive Care Ventilators, 2021 - 2031F |
6.4.3 Grenada Mechanical Ventilators Market Revenues & Volume, By Portable/Transport Ventilators, 2021 - 2031F |
6.4.4 Grenada Mechanical Ventilators Market Revenues & Volume, By Neonatal Ventilators, 2021 - 2031F |
6.4.5 Grenada Mechanical Ventilators Market Revenues & Volume, By Homecare Ventilators, 2021 - 2031F |
7 Grenada Mechanical Ventilators Market Import-Export Trade Statistics |
7.1 Grenada Mechanical Ventilators Market Export to Major Countries |
7.2 Grenada Mechanical Ventilators Market Imports from Major Countries |
8 Grenada Mechanical Ventilators Market Key Performance Indicators |
8.1 Number of respiratory disease cases in Grenada |
8.2 Adoption rate of mechanical ventilators in healthcare facilities |
8.3 Rate of technological adoption in mechanical ventilator devices |
8.4 Training and certification programs for healthcare professionals on mechanical ventilator operation |
9 Grenada Mechanical Ventilators Market - Opportunity Assessment |
9.1 Grenada Mechanical Ventilators Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.2 Grenada Mechanical Ventilators Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.3 Grenada Mechanical Ventilators Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Mechanical Ventilators Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Grenada Mechanical Ventilators Market - Competitive Landscape |
10.1 Grenada Mechanical Ventilators Market Revenue Share, By Companies, 2024 |
10.2 Grenada Mechanical Ventilators 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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