| Product Code: ETC7383302 | 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 |
Grenada`s ventilator import shipments in 2024 show a significant concentration of suppliers, with the USA, Canada, Trinidad and Tobago, Barbados, and Saint Vincent and the Grenadines dominating the market. The Herfindahl-Hirschman Index (HHI) indicates a sharp increase in market concentration from 2023 to 2024, reaching very high levels. The compound annual growth rate (CAGR) from 2020 to 2024 is negative at -10.46%, with a steep decline in growth rate from 2023 to 2024 at -56.88%. These trends suggest a challenging market for ventilator imports in Grenada, with limited diversification among suppliers.
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 Ventilator Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ventilator Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ventilator Market - Industry Life Cycle |
3.4 Grenada Ventilator Market - Porter's Five Forces |
3.5 Grenada Ventilator Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Ventilator Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Ventilator 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 ventilator equipment |
4.2.3 Rising healthcare expenditure and investments in medical infrastructure in Grenada |
4.3 Market Restraints |
4.3.1 High cost associated with ventilator equipment |
4.3.2 Limited availability of skilled healthcare professionals to operate ventilators |
4.3.3 Potential regulatory challenges in the medical device industry in Grenada |
5 Grenada Ventilator Market Trends |
6 Grenada Ventilator Market, By Types |
6.1 Grenada Ventilator Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ventilator Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Ventilator Market Revenues & Volume, By Non-invasive Ventilator, 2021- 2031F |
6.1.4 Grenada Ventilator Market Revenues & Volume, By Invasive Ventilator, 2021- 2031F |
6.2 Grenada Ventilator Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ventilator Market Revenues & Volume, By Critical Care, 2021- 2031F |
6.2.3 Grenada Ventilator Market Revenues & Volume, By Transport and Portable, 2021- 2031F |
7 Grenada Ventilator Market Import-Export Trade Statistics |
7.1 Grenada Ventilator Market Export to Major Countries |
7.2 Grenada Ventilator Market Imports from Major Countries |
8 Grenada Ventilator Market Key Performance Indicators |
8.1 Average length of stay in hospitals for patients requiring ventilator support |
8.2 Percentage of hospitals in Grenada equipped with advanced ventilator technology |
8.3 Rate of adoption of non-invasive ventilation techniques in healthcare facilities |
9 Grenada Ventilator Market - Opportunity Assessment |
9.1 Grenada Ventilator Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Ventilator Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Ventilator Market - Competitive Landscape |
10.1 Grenada Ventilator Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ventilator 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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