| Product Code: ETC7375099 | 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 |
In 2024, Grenada continued to rely heavily on imports of mobile personal emergency response systems, with the top exporting countries being the USA, Trinidad and Tobago, Barbados, China, and the UAE. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a negative Compound Annual Growth Rate (CAGR) of -0.67% from 2020 to 2024 and a decline in growth rate of -6.61% from 2023 to 2024, the market for these systems in Grenada remains stable with consistent import activity from key international suppliers.
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 Mobile Personal Emergency Response Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Mobile Personal Emergency Response Systems Market - Industry Life Cycle |
3.4 Grenada Mobile Personal Emergency Response Systems Market - Porter's Five Forces |
3.5 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume Share, By Subscription Model, 2021 & 2031F |
3.8 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume Share, By End users, 2021 & 2031F |
4 Grenada Mobile Personal Emergency Response 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 personal safety and security |
4.2.3 Technological advancements in mobile personal emergency response systems |
4.3 Market Restraints |
4.3.1 Limited disposable income among certain segments of the population |
4.3.2 Lack of awareness about the benefits of mobile personal emergency response systems |
4.3.3 Regulatory challenges in the healthcare and technology sectors in Grenada |
5 Grenada Mobile Personal Emergency Response Systems Market Trends |
6 Grenada Mobile Personal Emergency Response Systems Market, By Types |
6.1 Grenada Mobile Personal Emergency Response Systems Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, By Device Type, 2021- 2031F |
6.1.3 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, By Wireless, 2021- 2031F |
6.1.4 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, By Cellular, 2021- 2031F |
6.1.5 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, By GPS-Based, 2021- 2031F |
6.2 Grenada Mobile Personal Emergency Response Systems Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, By Smoke Detectors, 2021- 2031F |
6.2.3 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, By Bed Sensors, 2021- 2031F |
6.2.4 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, By Fall Detection Sensors, 2021- 2031F |
6.2.5 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Mobile Personal Emergency Response Systems Market, By Subscription Model |
6.3.1 Overview and Analysis |
6.3.2 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, By Monthly, 2021- 2031F |
6.3.3 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, By Annual, 2021- 2031F |
6.3.4 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Grenada Mobile Personal Emergency Response Systems Market, By End users |
6.4.1 Overview and Analysis |
6.4.2 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, By Home-Based users, 2021- 2031F |
6.4.3 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, By Senior Living Facilities, 2021- 2031F |
6.4.4 Grenada Mobile Personal Emergency Response Systems Market Revenues & Volume, By Assisted Living Facilities, 2021- 2031F |
7 Grenada Mobile Personal Emergency Response Systems Market Import-Export Trade Statistics |
7.1 Grenada Mobile Personal Emergency Response Systems Market Export to Major Countries |
7.2 Grenada Mobile Personal Emergency Response Systems Market Imports from Major Countries |
8 Grenada Mobile Personal Emergency Response Systems Market Key Performance Indicators |
8.1 Number of new subscribers to mobile personal emergency response systems |
8.2 Average response time to emergency calls |
8.3 Customer satisfaction ratings with the service provided |
8.4 Rate of adoption of mobile personal emergency response systems among the elderly population |
9 Grenada Mobile Personal Emergency Response Systems Market - Opportunity Assessment |
9.1 Grenada Mobile Personal Emergency Response Systems Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Grenada Mobile Personal Emergency Response Systems Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Grenada Mobile Personal Emergency Response Systems Market Opportunity Assessment, By Subscription Model, 2021 & 2031F |
9.4 Grenada Mobile Personal Emergency Response Systems Market Opportunity Assessment, By End users, 2021 & 2031F |
10 Grenada Mobile Personal Emergency Response Systems Market - Competitive Landscape |
10.1 Grenada Mobile Personal Emergency Response Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Mobile Personal Emergency Response Systems 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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