| Product Code: ETC7366274 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of cardiovascular surgical devices in Grenada saw significant growth in 2024, with the top exporting countries being the USA, Iceland, Canada, Italy, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 38.06% from 2020 to 2024 highlights a thriving industry. Moreover, the growth rate of 10.13% from 2023 to 2024 suggests sustained momentum in the market, making Grenada an attractive destination for cardiovascular surgical device imports.
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 Cardiovascular Surgical Devices Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cardiovascular Surgical Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cardiovascular Surgical Devices Market - Industry Life Cycle |
3.4 Grenada Cardiovascular Surgical Devices Market - Porter's Five Forces |
3.5 Grenada Cardiovascular Surgical Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Cardiovascular Surgical Devices Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Grenada Cardiovascular Surgical Devices 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 cardiovascular surgical devices |
4.2.3 Growing awareness about the importance of early detection and treatment of cardiovascular diseases |
4.3 Market Restraints |
4.3.1 High cost associated with cardiovascular surgical devices |
4.3.2 Limited healthcare infrastructure in Grenada |
4.3.3 Stringent regulatory requirements for approval of cardiovascular surgical devices |
5 Grenada Cardiovascular Surgical Devices Market Trends |
6 Grenada Cardiovascular Surgical Devices Market, By Types |
6.1 Grenada Cardiovascular Surgical Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cardiovascular Surgical Devices Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Cardiovascular Surgical Devices Market Revenues & Volume, By Interventional Cardiac Surgery, 2021- 2031F |
6.1.4 Grenada Cardiovascular Surgical Devices Market Revenues & Volume, By Cardiac Rhythm Management, 2021- 2031F |
6.1.5 Grenada Cardiovascular Surgical Devices Market Revenues & Volume, By Traditional Cardiac Surgery, 2021- 2031F |
6.1.6 Grenada Cardiovascular Surgical Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Cardiovascular Surgical Devices Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cardiovascular Surgical Devices Market Revenues & Volume, By Perfusion Disposables, 2021- 2031F |
6.2.3 Grenada Cardiovascular Surgical Devices Market Revenues & Volume, By Cardiopulmonary Bypass Equipment, 2021- 2031F |
6.2.4 Grenada Cardiovascular Surgical Devices Market Revenues & Volume, By Beating Heart Surgery Treatment, 2021- 2031F |
6.2.5 Grenada Cardiovascular Surgical Devices Market Revenues & Volume, By Ventricular Assist Device, 2021- 2031F |
6.2.6 Grenada Cardiovascular Surgical Devices Market Revenues & Volume, By Cardiac Ablation Devices, 2021- 2031F |
6.2.7 Grenada Cardiovascular Surgical Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Cardiovascular Surgical Devices Market Import-Export Trade Statistics |
7.1 Grenada Cardiovascular Surgical Devices Market Export to Major Countries |
7.2 Grenada Cardiovascular Surgical Devices Market Imports from Major Countries |
8 Grenada Cardiovascular Surgical Devices Market Key Performance Indicators |
8.1 Number of cardiovascular procedures performed annually in Grenada |
8.2 Adoption rate of minimally invasive cardiovascular surgical techniques |
8.3 Rate of complications and adverse events associated with cardiovascular surgeries |
8.4 Average length of hospital stay for patients undergoing cardiovascular procedures |
8.5 Patient satisfaction scores related to cardiovascular surgical outcomes |
9 Grenada Cardiovascular Surgical Devices Market - Opportunity Assessment |
9.1 Grenada Cardiovascular Surgical Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Cardiovascular Surgical Devices Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Grenada Cardiovascular Surgical Devices Market - Competitive Landscape |
10.1 Grenada Cardiovascular Surgical Devices Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cardiovascular Surgical 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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