| Product Code: ETC7383190 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of vascular closure devices (VCDs) to Grenada have seen significant growth, with a high Herfindahl-Hirschman Index (HHI) indicating concentrated imports. The top exporting countries in 2024 are the USA, Iceland, Canada, Barbados, and Italy, reflecting diverse sourcing. The impressive compound annual growth rate (CAGR) of 37.09% from 2020 to 2024 highlights the increasing demand for VCDs in Grenada. Moreover, the growth rate of 5.57% from 2023 to 2024 suggests sustained momentum in the market, signaling opportunities for market players to capitalize on this upward trend.
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 Vascular Closure Devices (VCDS) Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Vascular Closure Devices (VCDS) Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Vascular Closure Devices (VCDS) Market - Industry Life Cycle |
3.4 Grenada Vascular Closure Devices (VCDS) Market - Porter's Five Forces |
3.5 Grenada Vascular Closure Devices (VCDS) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Vascular Closure Devices (VCDS) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Vascular Closure Devices (VCDS) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of cardiovascular diseases in Grenada |
4.2.2 Technological advancements in vascular closure devices |
4.2.3 Growing adoption of minimally invasive procedures in healthcare |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for medical devices in Grenada |
4.3.2 High cost associated with vascular closure devices |
4.3.3 Limited awareness and training among healthcare professionals on using VCDs |
5 Grenada Vascular Closure Devices (VCDS) Market Trends |
6 Grenada Vascular Closure Devices (VCDS) Market, By Types |
6.1 Grenada Vascular Closure Devices (VCDS) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Vascular Closure Devices (VCDS) Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Vascular Closure Devices (VCDS) Market Revenues & Volume, By Angiography Surgery, 2021- 2031F |
6.1.4 Grenada Vascular Closure Devices (VCDS) Market Revenues & Volume, By Interventional Procedures, 2021- 2031F |
6.2 Grenada Vascular Closure Devices (VCDS) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Vascular Closure Devices (VCDS) Market Revenues & Volume, By 5F-6F, 2021- 2031F |
6.2.3 Grenada Vascular Closure Devices (VCDS) Market Revenues & Volume, By 5F-21F, 2021- 2031F |
7 Grenada Vascular Closure Devices (VCDS) Market Import-Export Trade Statistics |
7.1 Grenada Vascular Closure Devices (VCDS) Market Export to Major Countries |
7.2 Grenada Vascular Closure Devices (VCDS) Market Imports from Major Countries |
8 Grenada Vascular Closure Devices (VCDS) Market Key Performance Indicators |
8.1 Rate of adoption of minimally invasive procedures in Grenada |
8.2 Number of training programs offered for healthcare professionals on VCD usage |
8.3 Percentage of hospitals equipped with advanced VCD technologies |
9 Grenada Vascular Closure Devices (VCDS) Market - Opportunity Assessment |
9.1 Grenada Vascular Closure Devices (VCDS) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Vascular Closure Devices (VCDS) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Vascular Closure Devices (VCDS) Market - Competitive Landscape |
10.1 Grenada Vascular Closure Devices (VCDS) Market Revenue Share, By Companies, 2024 |
10.2 Grenada Vascular Closure Devices (VCDS) 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.
To discover high-growth global markets and optimize your business strategy:
Click Here