| Product Code: ETC7383812 | 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 wearable skin patch import market continues to thrive in 2024, with top exporting countries being Barbados, USA, UK, New Zealand, and Trinidad and Tobago. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 14.97% from 2020 to 2024 showcases sustained expansion. Furthermore, the notable growth rate of 26.38% from 2023 to 2024 highlights the increasing demand for wearable skin patches in Grenada. These trends suggest a promising outlook for the wearable skin patch market in the country.
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 Wearable Skin Patch Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Wearable Skin Patch Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Wearable Skin Patch Market - Industry Life Cycle |
3.4 Grenada Wearable Skin Patch Market - Porter's Five Forces |
3.5 Grenada Wearable Skin Patch Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Wearable Skin Patch Market Revenues & Volume Share, By Clinical Application, 2021 & 2031F |
4 Grenada Wearable Skin Patch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Wearable Skin Patch Market Trends |
6 Grenada Wearable Skin Patch Market, By Types |
6.1 Grenada Wearable Skin Patch Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Wearable Skin Patch Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Grenada Wearable Skin Patch Market Revenues & Volume, By Regular Wearables, 2021- 2031F |
6.1.4 Grenada Wearable Skin Patch Market Revenues & Volume, By Connected Wearables, 2021- 2031F |
6.2 Grenada Wearable Skin Patch Market, By Clinical Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Wearable Skin Patch Market Revenues & Volume, By Clinical Applications, 2021- 2031F |
6.2.3 Grenada Wearable Skin Patch Market Revenues & Volume, By Non-Clinical Applications, 2021- 2031F |
7 Grenada Wearable Skin Patch Market Import-Export Trade Statistics |
7.1 Grenada Wearable Skin Patch Market Export to Major Countries |
7.2 Grenada Wearable Skin Patch Market Imports from Major Countries |
8 Grenada Wearable Skin Patch Market Key Performance Indicators |
9 Grenada Wearable Skin Patch Market - Opportunity Assessment |
9.1 Grenada Wearable Skin Patch Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Wearable Skin Patch Market Opportunity Assessment, By Clinical Application, 2021 & 2031F |
10 Grenada Wearable Skin Patch Market - Competitive Landscape |
10.1 Grenada Wearable Skin Patch Market Revenue Share, By Companies, 2024 |
10.2 Grenada Wearable Skin Patch 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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