| Product Code: ETC7375072 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of mobile ECG devices to Grenada in 2024 saw a significant increase, with top exporting countries being the USA, Iceland, Canada, Italy, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 38.06% from 2020 to 2024 demonstrates a thriving market for mobile ECG devices in Grenada. Additionally, the growth rate of 10.13% from 2023 to 2024 underlines sustained momentum in the importation of these devices.
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 Mobile ECG Devices Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Mobile ECG Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Mobile ECG Devices Market - Industry Life Cycle |
3.4 Grenada Mobile ECG Devices Market - Porter's Five Forces |
3.5 Grenada Mobile ECG Devices Market Revenues & Volume Share, By Modality, 2021 & 2031F |
3.6 Grenada Mobile ECG Devices Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada Mobile ECG 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 mobile ECG devices leading to higher adoption rates |
4.2.3 Growing awareness about the importance of early detection of heart conditions |
4.3 Market Restraints |
4.3.1 High cost of mobile ECG devices limiting accessibility for some segments of the population |
4.3.2 Limited healthcare infrastructure and resources in Grenada impacting the adoption of mobile ECG devices |
4.3.3 Regulatory challenges and approval processes for new medical devices in Grenada |
5 Grenada Mobile ECG Devices Market Trends |
6 Grenada Mobile ECG Devices Market, By Types |
6.1 Grenada Mobile ECG Devices Market, By Modality |
6.1.1 Overview and Analysis |
6.1.2 Grenada Mobile ECG Devices Market Revenues & Volume, By Modality, 2021- 2031F |
6.1.3 Grenada Mobile ECG Devices Market Revenues & Volume, By Pen, 2021- 2031F |
6.1.4 Grenada Mobile ECG Devices Market Revenues & Volume, By Band, 2021- 2031F |
6.1.5 Grenada Mobile ECG Devices Market Revenues & Volume, By Handheld, 2021- 2031F |
6.1.6 Grenada Mobile ECG Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Mobile ECG Devices Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Mobile ECG Devices Market Revenues & Volume, By Hospitals And Diagnostic Centers, 2021- 2031F |
6.2.3 Grenada Mobile ECG Devices Market Revenues & Volume, By Ambulatory Care, 2021- 2031F |
6.2.4 Grenada Mobile ECG Devices Market Revenues & Volume, By Homecare, 2021- 2031F |
7 Grenada Mobile ECG Devices Market Import-Export Trade Statistics |
7.1 Grenada Mobile ECG Devices Market Export to Major Countries |
7.2 Grenada Mobile ECG Devices Market Imports from Major Countries |
8 Grenada Mobile ECG Devices Market Key Performance Indicators |
8.1 Average time taken for diagnosis using mobile ECG devices |
8.2 Number of healthcare facilities offering mobile ECG services in Grenada |
8.3 Percentage increase in the number of mobile ECG tests conducted annually |
9 Grenada Mobile ECG Devices Market - Opportunity Assessment |
9.1 Grenada Mobile ECG Devices Market Opportunity Assessment, By Modality, 2021 & 2031F |
9.2 Grenada Mobile ECG Devices Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada Mobile ECG Devices Market - Competitive Landscape |
10.1 Grenada Mobile ECG Devices Market Revenue Share, By Companies, 2024 |
10.2 Grenada Mobile ECG 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.
To discover high-growth global markets and optimize your business strategy:
Click Here