| Product Code: ETC5577375 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Grenada continued to rely heavily on medical alert system imports, with top exporters being the USA, Trinidad and Tobago, China, Hong Kong, and India. Despite a high concentration level measured by the Herfindahl-Hirschman Index (HHI), the market experienced a declining trend with a compound annual growth rate (CAGR) of -2.55% from 2020 to 2024. The growth rate further slowed in 2024, dropping by -7.88% compared to the previous year. This data suggests a challenging environment for medical alert system imports into Grenada, signaling potential shifts or challenges in the market landscape.
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 Medical Alert Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Medical Alert Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Medical Alert Systems Market - Industry Life Cycle |
3.4 Grenada Medical Alert Systems Market - Porter's Five Forces |
3.5 Grenada Medical Alert Systems Market Revenues & Volume Share, By Connection Type , 2021 & 2031F |
3.6 Grenada Medical Alert Systems Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Grenada Medical Alert Systems Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.8 Grenada Medical Alert Systems Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.9 Grenada Medical Alert Systems Market Revenues & Volume Share, By System Type, 2021 & 2031F |
3.10 Grenada Medical Alert Systems Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Grenada Medical Alert Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing aging population in Grenada |
4.2.2 Growing awareness about the importance of senior healthcare and safety |
4.2.3 Technological advancements in medical alert systems |
4.3 Market Restraints |
4.3.1 Limited healthcare infrastructure and resources in Grenada |
4.3.2 High cost associated with medical alert systems |
4.3.3 Lack of reimbursement policies for medical alert systems |
5 Grenada Medical Alert Systems Market Trends |
6 Grenada Medical Alert Systems Market Segmentations |
6.1 Grenada Medical Alert Systems Market, By Connection Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Medical Alert Systems Market Revenues & Volume, By Wired, 2021-2031F |
6.1.3 Grenada Medical Alert Systems Market Revenues & Volume, By Wireless, 2021-2031F |
6.2 Grenada Medical Alert Systems Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Medical Alert Systems Market Revenues & Volume, By Pharmacies, 2021-2031F |
6.2.3 Grenada Medical Alert Systems Market Revenues & Volume, By Online Sales, 2021-2031F |
6.2.4 Grenada Medical Alert Systems Market Revenues & Volume, By Hypermarkets, 2021-2031F |
6.3 Grenada Medical Alert Systems Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Medical Alert Systems Market Revenues & Volume, By Home-Based users, 2021-2031F |
6.3.3 Grenada Medical Alert Systems Market Revenues & Volume, By Senior Living Facilities/Senior Care Centers, 2021-2031F |
6.3.4 Grenada Medical Alert Systems Market Revenues & Volume, By Assisted Living Facilities, 2021-2031F |
6.3.5 Grenada Medical Alert Systems Market Revenues & Volume, By Hospitals and Clinics, 2021-2031F |
6.3.6 Grenada Medical Alert Systems Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Medical Alert Systems Market, By Offering |
6.4.1 Overview and Analysis |
6.4.2 Grenada Medical Alert Systems Market Revenues & Volume, By Hardware, 2021-2031F |
6.4.3 Grenada Medical Alert Systems Market Revenues & Volume, By Services, 2021-2031F |
6.5 Grenada Medical Alert Systems Market, By System Type |
6.5.1 Overview and Analysis |
6.5.2 Grenada Medical Alert Systems Market Revenues & Volume, By Personal Emergency Response System (PERS), 2021-2031F |
6.5.3 Grenada Medical Alert Systems Market Revenues & Volume, By Nurse Calling System (NCS), 2021-2031F |
6.5.4 Grenada Medical Alert Systems Market Revenues & Volume, By Smart Belt, 2021-2031F |
6.6 Grenada Medical Alert Systems Market, By Technology |
6.6.1 Overview and Analysis |
6.6.2 Grenada Medical Alert Systems Market Revenues & Volume, By Two-way Voice Systems, 2021-2031F |
6.6.3 Grenada Medical Alert Systems Market Revenues & Volume, By Unmonitored Medical Alert Systems, 2021-2031F |
6.6.4 Grenada Medical Alert Systems Market Revenues & Volume, By Medical Alert Alarm (Button) System, 2021-2031F |
6.6.5 Grenada Medical Alert Systems Market Revenues & Volume, By IP-based Systems, 2021-2031F |
7 Grenada Medical Alert Systems Market Import-Export Trade Statistics |
7.1 Grenada Medical Alert Systems Market Export to Major Countries |
7.2 Grenada Medical Alert Systems Market Imports from Major Countries |
8 Grenada Medical Alert Systems Market Key Performance Indicators |
8.1 Number of new installations of medical alert systems in Grenada |
8.2 Average response time for emergency calls made through medical alert systems |
8.3 Customer satisfaction ratings for medical alert system providers |
8.4 Percentage of elderly population using medical alert systems |
8.5 Rate of adoption of new features and technologies in medical alert systems |
9 Grenada Medical Alert Systems Market - Opportunity Assessment |
9.1 Grenada Medical Alert Systems Market Opportunity Assessment, By Connection Type , 2021 & 2031F |
9.2 Grenada Medical Alert Systems Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Grenada Medical Alert Systems Market Opportunity Assessment, By Application , 2021 & 2031F |
9.4 Grenada Medical Alert Systems Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.5 Grenada Medical Alert Systems Market Opportunity Assessment, By System Type, 2021 & 2031F |
9.6 Grenada Medical Alert Systems Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Grenada Medical Alert Systems Market - Competitive Landscape |
10.1 Grenada Medical Alert Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Medical Alert Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |