| Product Code: ETC12748582 | 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 Grenada market for NIBP multi-parameter monitors saw significant growth in 2024, with top exporting countries being the USA, UK, China, Barbados, and other areas. High Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market. The impressive compound annual growth rate (CAGR) of 23.88% from 2020 to 2024 highlights the increasing demand for these devices. Moreover, the rapid growth rate of 35.44% from 2023 to 2024 suggests a thriving market with expanding opportunities for importers and manufacturers in the medical equipment 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 NIBP Multi-Parameter Monitors Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada NIBP Multi-Parameter Monitors Market - Industry Life Cycle |
3.4 Grenada NIBP Multi-Parameter Monitors Market - Porter's Five Forces |
3.5 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume Share, By Parameter Monitored, 2021 & 2031F |
3.7 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada NIBP Multi-Parameter Monitors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases and the need for continuous patient monitoring |
4.2.2 Technological advancements in healthcare devices leading to the development of more advanced multi-parameter monitors |
4.2.3 Growing demand for portable and easy-to-use monitoring devices in healthcare settings |
4.3 Market Restraints |
4.3.1 High cost associated with acquiring and maintaining multi-parameter monitors |
4.3.2 Limited awareness and adoption of advanced monitoring technologies in certain healthcare facilities |
4.3.3 Stringent regulatory requirements and standards for medical devices in Grenada |
5 Grenada NIBP Multi-Parameter Monitors Market Trends |
6 Grenada NIBP Multi-Parameter Monitors Market, By Types |
6.1 Grenada NIBP Multi-Parameter Monitors Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Device Type, 2021 - 2031F |
6.1.3 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Portable Monitors, 2021 - 2031F |
6.1.4 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Bedside Monitors, 2021 - 2031F |
6.1.5 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Wearable Monitors, 2021 - 2031F |
6.1.6 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Wireless Monitors, 2021 - 2031F |
6.1.7 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Handheld Monitors, 2021 - 2031F |
6.2 Grenada NIBP Multi-Parameter Monitors Market, By Parameter Monitored |
6.2.1 Overview and Analysis |
6.2.2 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Blood Pressure, 2021 - 2031F |
6.2.3 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Heart Rate, 2021 - 2031F |
6.2.4 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Oxygen Saturation, 2021 - 2031F |
6.2.5 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Temperature, 2021 - 2031F |
6.2.6 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Respiratory Rate, 2021 - 2031F |
6.3 Grenada NIBP Multi-Parameter Monitors Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.3.3 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Specialty Clinics, 2021 - 2031F |
6.3.4 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Home Healthcare, 2021 - 2031F |
6.3.5 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Ambulatory Centers, 2021 - 2031F |
6.3.6 Grenada NIBP Multi-Parameter Monitors Market Revenues & Volume, By Emergency Services, 2021 - 2031F |
7 Grenada NIBP Multi-Parameter Monitors Market Import-Export Trade Statistics |
7.1 Grenada NIBP Multi-Parameter Monitors Market Export to Major Countries |
7.2 Grenada NIBP Multi-Parameter Monitors Market Imports from Major Countries |
8 Grenada NIBP Multi-Parameter Monitors Market Key Performance Indicators |
8.1 Average utilization rate of multi-parameter monitors in healthcare facilities |
8.2 Rate of adoption of telemedicine and remote patient monitoring using multi-parameter monitors |
8.3 Number of partnerships and collaborations between device manufacturers and healthcare providers for promoting multi-parameter monitors |
9 Grenada NIBP Multi-Parameter Monitors Market - Opportunity Assessment |
9.1 Grenada NIBP Multi-Parameter Monitors Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Grenada NIBP Multi-Parameter Monitors Market Opportunity Assessment, By Parameter Monitored, 2021 & 2031F |
9.3 Grenada NIBP Multi-Parameter Monitors Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada NIBP Multi-Parameter Monitors Market - Competitive Landscape |
10.1 Grenada NIBP Multi-Parameter Monitors Market Revenue Share, By Companies, 2024 |
10.2 Grenada NIBP Multi-Parameter Monitors 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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