Grenada Ventricular Assist Device Market (2025-2031) | Companies, Investment Trends, Size, Segmentation, Analysis, Outlook, Drivers, Trends, Revenue, Forecast, Competitive, Growth, Strategy, Challenges, Pricing Analysis, Value, Restraints, Segments, Opportunities, Demand, Share, Consumer Insights, Supply, Strategic Insights, Competition, Industry

Name: Grenada Ventricular Assist Device Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Product Type (Left Ventricular Assist Device (LVAD), Right Ventricular Assist Device (RVAD)), By Application (Bridge to Transplant, Destination Therapy), By Design (Implantable, Extracorporeal), By Patient Age Group (Adults, Pediatrics), By Implantation Technique (Surgical, Percutaneous) And Competitive Landscape

Product Code: ETC10974310	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

Grenada Ventricular Assist Device Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The Grenada ventricular assist device import market in 2024 continues to be dominated by key exporters such as the USA, Canada, Trinidad and Tobago, Barbados, and Saint Vincent and the Grenadines. The high concentration of the Herfindahl-Hirschman Index (HHI) in 2023 has escalated to a very high level in 2024, indicating a market with significant dominance by a few major players. Despite a negative compound annual growth rate (CAGR) of -10.46% from 2020 to 2024, the growth rate in 2024 saw a steep decline of -56.88%, reflecting a challenging year for import shipments of ventricular assist devices in Grenada.

Key Highlights of the Report:

Grenada Ventricular Assist Device Market Outlook
Market Size of Grenada Ventricular Assist Device Market,2024
Forecast of Grenada Ventricular Assist Device Market, 2031
Historical Data and Forecast of Grenada Ventricular Assist Device Revenues & Volume for the Period 2021-2031
Grenada Ventricular Assist Device Market Trend Evolution
Grenada Ventricular Assist Device Market Drivers and Challenges
Grenada Ventricular Assist Device Price Trends
Grenada Ventricular Assist Device Porter's Five Forces
Grenada Ventricular Assist Device Industry Life Cycle
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Product Type for the Period 2021-2031
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Left Ventricular Assist Device (LVAD) for the Period 2021-2031
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Right Ventricular Assist Device (RVAD) for the Period 2021-2031
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Bridge to Transplant for the Period 2021-2031
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Destination Therapy for the Period 2021-2031
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Design for the Period 2021-2031
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Implantable for the Period 2021-2031
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Extracorporeal for the Period 2021-2031
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Patient Age Group for the Period 2021-2031
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Adults for the Period 2021-2031
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Pediatrics for the Period 2021-2031
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Implantation Technique for the Period 2021-2031
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Surgical for the Period 2021-2031
Historical Data and Forecast of Grenada Ventricular Assist Device Market Revenues & Volume By Percutaneous for the Period 2021-2031
Grenada Ventricular Assist Device Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Design
Market Opportunity Assessment By Patient Age Group
Market Opportunity Assessment By Implantation Technique
Grenada Ventricular Assist Device Top Companies Market Share
Grenada Ventricular Assist Device Competitive Benchmarking By Technical and Operational Parameters
Grenada Ventricular Assist Device Company Profiles
Grenada Ventricular Assist Device Key Strategic Recommendations

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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 Ventricular Assist Device Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Ventricular Assist Device Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Ventricular Assist Device Market - Industry Life Cycle

3.4 Grenada Ventricular Assist Device Market - Porter's Five Forces

3.5 Grenada Ventricular Assist Device Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Grenada Ventricular Assist Device Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Grenada Ventricular Assist Device Market Revenues & Volume Share, By Design, 2021 & 2031F

3.8 Grenada Ventricular Assist Device Market Revenues & Volume Share, By Patient Age Group, 2021 & 2031F

3.9 Grenada Ventricular Assist Device Market Revenues & Volume Share, By Implantation Technique, 2021 & 2031F

4 Grenada Ventricular Assist Device Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Grenada Ventricular Assist Device Market Trends

6 Grenada Ventricular Assist Device Market, By Types

6.1 Grenada Ventricular Assist Device Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Grenada Ventricular Assist Device Market Revenues & Volume, By Product Type, 2021 - 2031F

6.1.3 Grenada Ventricular Assist Device Market Revenues & Volume, By Left Ventricular Assist Device (LVAD), 2021 - 2031F

6.1.4 Grenada Ventricular Assist Device Market Revenues & Volume, By Right Ventricular Assist Device (RVAD), 2021 - 2031F

6.2 Grenada Ventricular Assist Device Market, By Application

6.2.1 Overview and Analysis

6.2.2 Grenada Ventricular Assist Device Market Revenues & Volume, By Bridge to Transplant, 2021 - 2031F

6.2.3 Grenada Ventricular Assist Device Market Revenues & Volume, By Destination Therapy, 2021 - 2031F

6.3 Grenada Ventricular Assist Device Market, By Design

6.3.1 Overview and Analysis

6.3.2 Grenada Ventricular Assist Device Market Revenues & Volume, By Implantable, 2021 - 2031F

6.3.3 Grenada Ventricular Assist Device Market Revenues & Volume, By Extracorporeal, 2021 - 2031F

6.4 Grenada Ventricular Assist Device Market, By Patient Age Group

6.4.1 Overview and Analysis

6.4.2 Grenada Ventricular Assist Device Market Revenues & Volume, By Adults, 2021 - 2031F

6.4.3 Grenada Ventricular Assist Device Market Revenues & Volume, By Pediatrics, 2021 - 2031F

6.5 Grenada Ventricular Assist Device Market, By Implantation Technique

6.5.1 Overview and Analysis

6.5.2 Grenada Ventricular Assist Device Market Revenues & Volume, By Surgical, 2021 - 2031F

6.5.3 Grenada Ventricular Assist Device Market Revenues & Volume, By Percutaneous, 2021 - 2031F

7 Grenada Ventricular Assist Device Market Import-Export Trade Statistics

7.1 Grenada Ventricular Assist Device Market Export to Major Countries

7.2 Grenada Ventricular Assist Device Market Imports from Major Countries

8 Grenada Ventricular Assist Device Market Key Performance Indicators

9 Grenada Ventricular Assist Device Market - Opportunity Assessment

9.1 Grenada Ventricular Assist Device Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Grenada Ventricular Assist Device Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Grenada Ventricular Assist Device Market Opportunity Assessment, By Design, 2021 & 2031F

9.4 Grenada Ventricular Assist Device Market Opportunity Assessment, By Patient Age Group, 2021 & 2031F

9.5 Grenada Ventricular Assist Device Market Opportunity Assessment, By Implantation Technique, 2021 & 2031F

10 Grenada Ventricular Assist Device Market - Competitive Landscape

10.1 Grenada Ventricular Assist Device Market Revenue Share, By Companies, 2024

10.2 Grenada Ventricular Assist Device Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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