| Product Code: ETC10320550 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Grenada continued to rely heavily on spinal fusion device imports, with the USA, Barbados, UK, India, and Jamaica emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 120.63% from 2020 to 2024 underscores the rapid expansion of this market segment. Furthermore, the exceptional growth rate of 1757.28% from 2023 to 2024 suggests a significant upsurge in demand for spinal fusion devices in Grenada, hinting at evolving healthcare needs and market dynamics.
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 Spinal Fusion Devices Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Spinal Fusion Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Spinal Fusion Devices Market - Industry Life Cycle |
3.4 Grenada Spinal Fusion Devices Market - Porter's Five Forces |
3.5 Grenada Spinal Fusion Devices Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Grenada Spinal Fusion Devices Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Grenada Spinal Fusion Devices Market Revenues & Volume Share, By Surgery Type, 2021 & 2031F |
3.8 Grenada Spinal Fusion Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Grenada Spinal Fusion Devices Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Grenada Spinal Fusion Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Spinal Fusion Devices Market Trends |
6 Grenada Spinal Fusion Devices Market, By Types |
6.1 Grenada Spinal Fusion Devices Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Spinal Fusion Devices Market Revenues & Volume, By Device Type, 2021 - 2031F |
6.1.3 Grenada Spinal Fusion Devices Market Revenues & Volume, By Spinal Rods, 2021 - 2031F |
6.1.4 Grenada Spinal Fusion Devices Market Revenues & Volume, By Spinal Cages, 2021 - 2031F |
6.1.5 Grenada Spinal Fusion Devices Market Revenues & Volume, By Bone Screws, 2021 - 2031F |
6.1.6 Grenada Spinal Fusion Devices Market Revenues & Volume, By Spinal Plates, 2021 - 2031F |
6.2 Grenada Spinal Fusion Devices Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Spinal Fusion Devices Market Revenues & Volume, By Titanium Alloys, 2021 - 2031F |
6.2.3 Grenada Spinal Fusion Devices Market Revenues & Volume, By Stainless Steel, 2021 - 2031F |
6.2.4 Grenada Spinal Fusion Devices Market Revenues & Volume, By Polyetheretherketone (PEEK), 2021 - 2031F |
6.2.5 Grenada Spinal Fusion Devices Market Revenues & Volume, By Cobalt Chromium, 2021 - 2031F |
6.3 Grenada Spinal Fusion Devices Market, By Surgery Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Spinal Fusion Devices Market Revenues & Volume, By Spinal Fusion, 2021 - 2031F |
6.3.3 Grenada Spinal Fusion Devices Market Revenues & Volume, By Anterior Surgery, 2021 - 2031F |
6.3.4 Grenada Spinal Fusion Devices Market Revenues & Volume, By Posterior Surgery, 2021 - 2031F |
6.3.5 Grenada Spinal Fusion Devices Market Revenues & Volume, By Cervical Fusion, 2021 - 2031F |
6.4 Grenada Spinal Fusion Devices Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Spinal Fusion Devices Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.4.3 Grenada Spinal Fusion Devices Market Revenues & Volume, By Clinics, 2021 - 2031F |
6.4.4 Grenada Spinal Fusion Devices Market Revenues & Volume, By Rehabilitation Centers, 2021 - 2031F |
6.4.5 Grenada Spinal Fusion Devices Market Revenues & Volume, By Research Centers, 2021 - 2031F |
6.5 Grenada Spinal Fusion Devices Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 Grenada Spinal Fusion Devices Market Revenues & Volume, By Minimally Invasive, 2021 - 2031F |
6.5.3 Grenada Spinal Fusion Devices Market Revenues & Volume, By Computer assisted Surgery, 2021 - 2031F |
6.5.4 Grenada Spinal Fusion Devices Market Revenues & Volume, By Robotic Surgery, 2021 - 2031F |
6.5.5 Grenada Spinal Fusion Devices Market Revenues & Volume, By 3D Printed Devices, 2021 - 2031F |
7 Grenada Spinal Fusion Devices Market Import-Export Trade Statistics |
7.1 Grenada Spinal Fusion Devices Market Export to Major Countries |
7.2 Grenada Spinal Fusion Devices Market Imports from Major Countries |
8 Grenada Spinal Fusion Devices Market Key Performance Indicators |
9 Grenada Spinal Fusion Devices Market - Opportunity Assessment |
9.1 Grenada Spinal Fusion Devices Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Grenada Spinal Fusion Devices Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Grenada Spinal Fusion Devices Market Opportunity Assessment, By Surgery Type, 2021 & 2031F |
9.4 Grenada Spinal Fusion Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Grenada Spinal Fusion Devices Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Grenada Spinal Fusion Devices Market - Competitive Landscape |
10.1 Grenada Spinal Fusion Devices Market Revenue Share, By Companies, 2024 |
10.2 Grenada Spinal Fusion 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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