| Product Code: ETC10237030 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of pulmonary devices to Grenada in 2024 showed a significant increase in concentration among the top exporting countries, with the USA, Canada, Trinidad and Tobago, Barbados, and Saint Vincent and the Grenadines leading the way. The Herfindahl-Hirschman Index (HHI) indicated a shift towards very high concentration, reflecting a more dominant market presence of these countries. Despite a negative Compound Annual Growth Rate (CAGR) of -10.46% from 2020 to 2024 and a steep decline in growth rate of -56.88% from 2023 to 2024, the market remains competitive with key players maintaining strong export ties to 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 Pulmonary Devices Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Pulmonary Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Pulmonary Devices Market - Industry Life Cycle |
3.4 Grenada Pulmonary Devices Market - Porter's Five Forces |
3.5 Grenada Pulmonary Devices Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Pulmonary Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Pulmonary Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Pulmonary Devices Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Grenada Pulmonary Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of respiratory diseases in Grenada |
4.2.2 Technological advancements in pulmonary devices |
4.2.3 Growing awareness about the importance of early diagnosis and treatment of respiratory conditions |
4.3 Market Restraints |
4.3.1 High cost of pulmonary devices |
4.3.2 Limited healthcare infrastructure in Grenada |
4.3.3 Stringent regulatory requirements for approval of pulmonary devices |
5 Grenada Pulmonary Devices Market Trends |
6 Grenada Pulmonary Devices Market, By Types |
6.1 Grenada Pulmonary Devices Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Pulmonary Devices Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Pulmonary Devices Market Revenues & Volume, By Spirometers, 2021 - 2031F |
6.1.4 Grenada Pulmonary Devices Market Revenues & Volume, By Nebulizers, 2021 - 2031F |
6.1.5 Grenada Pulmonary Devices Market Revenues & Volume, By Oxygen Concentrators, 2021 - 2031F |
6.1.6 Grenada Pulmonary Devices Market Revenues & Volume, By Ventilators, 2021 - 2031F |
6.2 Grenada Pulmonary Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Pulmonary Devices Market Revenues & Volume, By Chronic Obstructive Pulmonary Disease (COPD), 2021 - 2031F |
6.2.3 Grenada Pulmonary Devices Market Revenues & Volume, By Asthma, 2021 - 2031F |
6.2.4 Grenada Pulmonary Devices Market Revenues & Volume, By Sleep Apnea, 2021 - 2031F |
6.2.5 Grenada Pulmonary Devices Market Revenues & Volume, By Respiratory Infections, 2021 - 2031F |
6.3 Grenada Pulmonary Devices Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Pulmonary Devices Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.3.3 Grenada Pulmonary Devices Market Revenues & Volume, By Clinics, 2021 - 2031F |
6.3.4 Grenada Pulmonary Devices Market Revenues & Volume, By Homecare, 2021 - 2031F |
6.3.5 Grenada Pulmonary Devices Market Revenues & Volume, By Emergency Centers, 2021 - 2031F |
6.4 Grenada Pulmonary Devices Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Grenada Pulmonary Devices Market Revenues & Volume, By Digital, 2021 - 2031F |
6.4.3 Grenada Pulmonary Devices Market Revenues & Volume, By Portable, 2021 - 2031F |
6.4.4 Grenada Pulmonary Devices Market Revenues & Volume, By Stationary, 2021 - 2031F |
6.4.5 Grenada Pulmonary Devices Market Revenues & Volume, By Wearable, 2021 - 2031F |
7 Grenada Pulmonary Devices Market Import-Export Trade Statistics |
7.1 Grenada Pulmonary Devices Market Export to Major Countries |
7.2 Grenada Pulmonary Devices Market Imports from Major Countries |
8 Grenada Pulmonary Devices Market Key Performance Indicators |
8.1 Adoption rate of pulmonary devices in Grenada |
8.2 Number of healthcare facilities offering pulmonary device services |
8.3 Rate of utilization of pulmonary devices in different age groups and demographics |
9 Grenada Pulmonary Devices Market - Opportunity Assessment |
9.1 Grenada Pulmonary Devices Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Pulmonary Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Pulmonary Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Pulmonary Devices Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Grenada Pulmonary Devices Market - Competitive Landscape |
10.1 Grenada Pulmonary Devices Market Revenue Share, By Companies, 2024 |
10.2 Grenada Pulmonary Devices 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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