| Product Code: ETC7369955 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The market for extracorporeal CO2 removal devices in Grenada experienced a significant decrease in imports in 2024, with a high Herfindahl-Hirschman Index (HHI) indicating a very concentrated market. The top exporting countries to Grenada include the USA, Canada, Trinidad and Tobago, Barbados, and Saint Vincent and the Grenadines. The negative Compound Annual Growth Rate (CAGR) of -10.46% from 2020 to 2024, coupled with a drastic growth rate decline of -56.88% from 2023 to 2024, suggests a challenging market environment for these devices 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 Extracorporeal CO2 Removal Devices Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Extracorporeal CO2 Removal Devices Market - Industry Life Cycle |
3.4 Grenada Extracorporeal CO2 Removal Devices Market - Porter's Five Forces |
3.5 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Extracorporeal CO2 Removal Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of respiratory diseases in Grenada |
4.2.2 Growing awareness about the benefits of extracorporeal CO2 removal devices |
4.2.3 Technological advancements in the healthcare sector |
4.3 Market Restraints |
4.3.1 High costs associated with extracorporeal CO2 removal devices |
4.3.2 Limited healthcare infrastructure in Grenada |
4.3.3 Stringent regulatory requirements for medical devices |
5 Grenada Extracorporeal CO2 Removal Devices Market Trends |
6 Grenada Extracorporeal CO2 Removal Devices Market, By Types |
6.1 Grenada Extracorporeal CO2 Removal Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume, By Extracorporeal CO2 Devices, 2021- 2031F |
6.1.4 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume, By Disposables, 2021- 2031F |
6.1.5 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Extracorporeal CO2 Removal Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume, By Chronic Obstructive Pulmonary Disease, 2021- 2031F |
6.2.3 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume, By Acute Respiratory Distress Syndrome, 2021- 2031F |
6.2.4 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume, By Bridge to Lung Transplant, 2021- 2031F |
6.2.5 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Extracorporeal CO2 Removal Devices Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume, By Hospitals and Clinics, 2021- 2031F |
6.3.3 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.3.4 Grenada Extracorporeal CO2 Removal Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Extracorporeal CO2 Removal Devices Market Import-Export Trade Statistics |
7.1 Grenada Extracorporeal CO2 Removal Devices Market Export to Major Countries |
7.2 Grenada Extracorporeal CO2 Removal Devices Market Imports from Major Countries |
8 Grenada Extracorporeal CO2 Removal Devices Market Key Performance Indicators |
8.1 Adoption rate of extracorporeal CO2 removal devices in Grenada |
8.2 Number of healthcare facilities offering extracorporeal CO2 removal services |
8.3 Patient outcomes and improvement in respiratory parameters post-device implementation |
9 Grenada Extracorporeal CO2 Removal Devices Market - Opportunity Assessment |
9.1 Grenada Extracorporeal CO2 Removal Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Extracorporeal CO2 Removal Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Extracorporeal CO2 Removal Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Extracorporeal CO2 Removal Devices Market - Competitive Landscape |
10.1 Grenada Extracorporeal CO2 Removal Devices Market Revenue Share, By Companies, 2024 |
10.2 Grenada Extracorporeal CO2 Removal 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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