| Product Code: ETC7380968 | 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 |
Despite a high concentration of imports from top countries like Trinidad and Tobago, USA, and China, Grenada`s smart thermometer import market faced a decline in 2024 with a negative Compound Annual Growth Rate (CAGR) of -3.28% from 2020 to 2024. The growth rate in 2024 also experienced a significant drop of -12.9% compared to the previous year. This suggests a challenging environment for smart thermometer imports in Grenada, highlighting potential shifts in consumer demand or market dynamics that may need to be addressed by industry players.
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 Smart Thermometer Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Smart Thermometer Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Smart Thermometer Market - Industry Life Cycle |
3.4 Grenada Smart Thermometer Market - Porter's Five Forces |
3.5 Grenada Smart Thermometer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Smart Thermometer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Grenada Smart Thermometer Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.8 Grenada Smart Thermometer Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.9 Grenada Smart Thermometer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Smart Thermometer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about health and wellness leading to a growing demand for smart health devices like thermometers. |
4.2.2 Technological advancements in the healthcare sector, making smart thermometers more accessible and user-friendly. |
4.2.3 Rising prevalence of infectious diseases and the need for accurate and quick temperature monitoring at home. |
4.3 Market Restraints |
4.3.1 High initial cost of smart thermometers limiting adoption rates, especially in price-sensitive markets. |
4.3.2 Concerns regarding data privacy and security, hindering trust in using smart thermometers for health monitoring. |
4.3.3 Limited availability of skilled professionals for providing technical support and guidance for smart thermometer users. |
5 Grenada Smart Thermometer Market Trends |
6 Grenada Smart Thermometer Market, By Types |
6.1 Grenada Smart Thermometer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Smart Thermometer Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Smart Thermometer Market Revenues & Volume, By Human Health, 2021- 2031F |
6.1.4 Grenada Smart Thermometer Market Revenues & Volume, By Kitchen & Household, 2021- 2031F |
6.2 Grenada Smart Thermometer Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Grenada Smart Thermometer Market Revenues & Volume, By Mercury-Based Thermometers, 2021- 2031F |
6.2.3 Grenada Smart Thermometer Market Revenues & Volume, By Mercury-Free Thermometers, 2021- 2031F |
6.3 Grenada Smart Thermometer Market, By Connectivity |
6.3.1 Overview and Analysis |
6.3.2 Grenada Smart Thermometer Market Revenues & Volume, By Wired, 2021- 2031F |
6.3.3 Grenada Smart Thermometer Market Revenues & Volume, By Wireless, 2021- 2031F |
6.4 Grenada Smart Thermometer Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Smart Thermometer Market Revenues & Volume, By Online, 2021- 2031F |
6.4.3 Grenada Smart Thermometer Market Revenues & Volume, By Offline, 2021- 2031F |
6.5 Grenada Smart Thermometer Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Grenada Smart Thermometer Market Revenues & Volume, By Food, 2021- 2031F |
6.5.3 Grenada Smart Thermometer Market Revenues & Volume, By Medical and Hospitality, 2021- 2031F |
6.5.4 Grenada Smart Thermometer Market Revenues & Volume, By Industrial, 2021- 2031F |
6.5.5 Grenada Smart Thermometer Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Smart Thermometer Market Import-Export Trade Statistics |
7.1 Grenada Smart Thermometer Market Export to Major Countries |
7.2 Grenada Smart Thermometer Market Imports from Major Countries |
8 Grenada Smart Thermometer Market Key Performance Indicators |
8.1 Average daily active users of smart thermometer apps. |
8.2 Percentage increase in remote health monitoring services utilizing smart thermometers. |
8.3 Number of partnerships with healthcare providers for integrating smart thermometer data into patient care plans. |
9 Grenada Smart Thermometer Market - Opportunity Assessment |
9.1 Grenada Smart Thermometer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Smart Thermometer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Grenada Smart Thermometer Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.4 Grenada Smart Thermometer Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.5 Grenada Smart Thermometer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Smart Thermometer Market - Competitive Landscape |
10.1 Grenada Smart Thermometer Market Revenue Share, By Companies, 2024 |
10.2 Grenada Smart Thermometer 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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