| Product Code: ETC7376853 | 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 orthopedic orthotics import market in Grenada continues to thrive in 2024, with the top exporting countries being the USA, Barbados, UK, India, and Jamaica. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with significant growth seen over the years. The impressive Compound Annual Growth Rate (CAGR) of 29.15% from 2020 to 2024 highlights the increasing demand for orthopedic orthotics in Grenada. Moreover, the remarkable growth rate of 87.14% from 2023 to 2024 suggests a rapid acceleration in the market, presenting lucrative opportunities for market players.
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 Orthopedic Orthotics Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Orthopedic Orthotics Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Orthopedic Orthotics Market - Industry Life Cycle |
3.4 Grenada Orthopedic Orthotics Market - Porter's Five Forces |
3.5 Grenada Orthopedic Orthotics Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Orthopedic Orthotics Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 Grenada Orthopedic Orthotics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of orthopedic disorders in Grenada |
4.2.2 Growing awareness about the benefits of orthopedic orthotics |
4.2.3 Technological advancements in orthotic devices |
4.3 Market Restraints |
4.3.1 High cost associated with orthopedic orthotics |
4.3.2 Limited reimbursement policies for orthotic devices in Grenada |
5 Grenada Orthopedic Orthotics Market Trends |
6 Grenada Orthopedic Orthotics Market, By Types |
6.1 Grenada Orthopedic Orthotics Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Orthopedic Orthotics Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Orthopedic Orthotics Market Revenues & Volume, By Upper-limb Orthotics, 2021- 2031F |
6.1.4 Grenada Orthopedic Orthotics Market Revenues & Volume, By Lower-limb Orthotics, 2021- 2031F |
6.1.5 Grenada Orthopedic Orthotics Market Revenues & Volume, By Spine Orthotics, 2021- 2031F |
6.1.6 Grenada Orthopedic Orthotics Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Orthopedic Orthotics Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Orthopedic Orthotics Market Revenues & Volume, By Carbon Fibers, 2021- 2031F |
6.2.3 Grenada Orthopedic Orthotics Market Revenues & Volume, By Plastic, 2021- 2031F |
6.2.4 Grenada Orthopedic Orthotics Market Revenues & Volume, By Metal, 2021- 2031F |
6.2.5 Grenada Orthopedic Orthotics Market Revenues & Volume, By Rubber, 2021- 2031F |
6.2.6 Grenada Orthopedic Orthotics Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Orthopedic Orthotics Market Import-Export Trade Statistics |
7.1 Grenada Orthopedic Orthotics Market Export to Major Countries |
7.2 Grenada Orthopedic Orthotics Market Imports from Major Countries |
8 Grenada Orthopedic Orthotics Market Key Performance Indicators |
8.1 Percentage increase in orthopedic orthotics prescriptions in Grenada |
8.2 Number of orthopedic clinics offering orthotic services |
8.3 Patient satisfaction rates with orthotic devices and services |
9 Grenada Orthopedic Orthotics Market - Opportunity Assessment |
9.1 Grenada Orthopedic Orthotics Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Orthopedic Orthotics Market Opportunity Assessment, By Material, 2021 & 2031F |
10 Grenada Orthopedic Orthotics Market - Competitive Landscape |
10.1 Grenada Orthopedic Orthotics Market Revenue Share, By Companies, 2024 |
10.2 Grenada Orthopedic Orthotics 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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