| Product Code: ETC4963333 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s import shipments of electromedical and x-ray equipment in 2024 continued to be dominated by key exporters such as the Netherlands, USA, Guatemala, Canada, and China. Despite a significant decline in the CAGR from 2020 to 2024, the growth rate in 2024 surged dramatically by 179.34%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential opportunities for market expansion and diversification in the coming years. The noteworthy increase in growth rate signals a positive momentum in the import market for electromedical and x-ray equipment in Grenada.
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 Electromedical and X-ray Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electromedical and X-ray Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electromedical and X-ray Equipment Market - Industry Life Cycle |
3.4 Grenada Electromedical and X-ray Equipment Market - Porter's Five Forces |
3.5 Grenada Electromedical and X-ray Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Electromedical and X-ray Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Electromedical and X-ray Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced medical diagnostics and treatment options in Grenada |
4.2.2 Growing awareness and adoption of digital healthcare technologies |
4.2.3 Government initiatives to improve healthcare infrastructure and services |
4.3 Market Restraints |
4.3.1 High cost associated with electromedical and x-ray equipment |
4.3.2 Limited access to skilled professionals for operating and maintaining the equipment |
4.3.3 Challenges related to regulatory compliance and quality standards |
5 Grenada Electromedical and X-ray Equipment Market Trends |
6 Grenada Electromedical and X-ray Equipment Market Segmentations |
6.1 Grenada Electromedical and X-ray Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electromedical and X-ray Equipment Market Revenues & Volume, By Digital Radiography (DR), 2021-2031F |
6.1.3 Grenada Electromedical and X-ray Equipment Market Revenues & Volume, By Computed Radiography (CR), 2021-2031F |
6.1.4 Grenada Electromedical and X-ray Equipment Market Revenues & Volume, By Retrofit Radiography System, 2021-2031F |
6.2 Grenada Electromedical and X-ray Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electromedical and X-ray Equipment Market Revenues & Volume, By Therapeutic Industry, 2021-2031F |
6.2.3 Grenada Electromedical and X-ray Equipment Market Revenues & Volume, By Laboratory, 2021-2031F |
7 Grenada Electromedical and X-ray Equipment Market Import-Export Trade Statistics |
7.1 Grenada Electromedical and X-ray Equipment Market Export to Major Countries |
7.2 Grenada Electromedical and X-ray Equipment Market Imports from Major Countries |
8 Grenada Electromedical and X-ray Equipment Market Key Performance Indicators |
8.1 Percentage of healthcare facilities in Grenada equipped with electromedical and x-ray equipment |
8.2 Adoption rate of digital health solutions in healthcare facilities |
8.3 Number of government initiatives focused on upgrading healthcare infrastructure and services |
8.4 Average maintenance and operational costs of electromedical and x-ray equipment |
8.5 Rate of compliance with regulatory standards and quality certifications in the market |
9 Grenada Electromedical and X-ray Equipment Market - Opportunity Assessment |
9.1 Grenada Electromedical and X-ray Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Electromedical and X-ray Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Electromedical and X-ray Equipment Market - Competitive Landscape |
10.1 Grenada Electromedical and X-ray Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electromedical and X-ray Equipment 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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