| Product Code: ETC5303680 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely heavily on imports of plaster casts, with the top exporting countries being the USA, Canada, Puerto Rico, Trinidad and Tobago, and Hong Kong. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 19.47%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges and opportunities for market players in the plaster cast import industry 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 Plaster Cast Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Plaster Cast Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Plaster Cast Market - Industry Life Cycle |
3.4 Grenada Plaster Cast Market - Porter's Five Forces |
3.5 Grenada Plaster Cast Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Plaster Cast Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Plaster Cast Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for customized and aesthetically pleasing plaster casts in the healthcare sector |
4.2.2 Growing awareness about the benefits of using plaster casts for orthopedic and trauma care |
4.2.3 Technological advancements leading to the development of innovative and lightweight plaster casting materials |
4.3 Market Restraints |
4.3.1 High cost associated with plaster casting materials and procedures |
4.3.2 Limited availability of skilled professionals for applying and removing plaster casts |
4.3.3 Competition from alternative orthopedic immobilization methods such as braces and splints |
5 Grenada Plaster Cast Market Trends |
6 Grenada Plaster Cast Market Segmentations |
6.1 Grenada Plaster Cast Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Plaster Cast Market Revenues & Volume, By Gauze Plaster Cast, 2021-2031F |
6.1.3 Grenada Plaster Cast Market Revenues & Volume, By Elastic Plaster Cast, 2021-2031F |
6.1.4 Grenada Plaster Cast Market Revenues & Volume, By Polymer Plaster Cast, 2021-2031F |
6.2 Grenada Plaster Cast Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Plaster Cast Market Revenues & Volume, By Hospital, 2021-2031F |
6.2.3 Grenada Plaster Cast Market Revenues & Volume, By Clinic, 2021-2031F |
7 Grenada Plaster Cast Market Import-Export Trade Statistics |
7.1 Grenada Plaster Cast Market Export to Major Countries |
7.2 Grenada Plaster Cast Market Imports from Major Countries |
8 Grenada Plaster Cast Market Key Performance Indicators |
8.1 Rate of adoption of advanced plaster casting materials and techniques in healthcare facilities |
8.2 Number of research studies highlighting the advantages of plaster casts in orthopedic care |
8.3 Frequency of training programs and workshops for healthcare professionals on proper plaster cast application and removal |
9 Grenada Plaster Cast Market - Opportunity Assessment |
9.1 Grenada Plaster Cast Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Plaster Cast Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Plaster Cast Market - Competitive Landscape |
10.1 Grenada Plaster Cast Market Revenue Share, By Companies, 2024 |
10.2 Grenada Plaster Cast 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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