| Product Code: ETC7381406 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to see a significant influx of spinal non-fusion devices primarily from the USA, India, Barbados, UK, and Trinidad and Tobago. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a Compound Annual Growth Rate (CAGR) of 2.97% from 2020 to 2024. The impressive growth rate of 213.75% from 2023 to 2024 suggests a surge in demand for these devices in Grenada. This data underscores the importance of these imports in the country`s healthcare sector and highlights the competitive landscape among exporting countries.
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 Spinal Non-fusion Devices Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Spinal Non-fusion Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Spinal Non-fusion Devices Market - Industry Life Cycle |
3.4 Grenada Spinal Non-fusion Devices Market - Porter's Five Forces |
3.5 Grenada Spinal Non-fusion Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Spinal Non-fusion Devices Market Revenues & Volume Share, By Surgery, 2021 & 2031F |
4 Grenada Spinal Non-fusion Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of spinal disorders and conditions requiring non-fusion devices |
4.2.2 Technological advancements in spinal non-fusion devices leading to improved patient outcomes |
4.2.3 Growing preference for minimally invasive procedures in spinal surgeries |
4.3 Market Restraints |
4.3.1 High cost associated with spinal non-fusion devices |
4.3.2 Lack of skilled healthcare professionals proficient in using non-fusion devices |
4.3.3 Stringent regulatory requirements for approval of new spinal non-fusion devices |
5 Grenada Spinal Non-fusion Devices Market Trends |
6 Grenada Spinal Non-fusion Devices Market, By Types |
6.1 Grenada Spinal Non-fusion Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Spinal Non-fusion Devices Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Spinal Non-fusion Devices Market Revenues & Volume, By Cervical Fusion Device, 2021- 2031F |
6.1.4 Grenada Spinal Non-fusion Devices Market Revenues & Volume, By Thoracic Fusion Device, 2021- 2031F |
6.1.5 Grenada Spinal Non-fusion Devices Market Revenues & Volume, By Lumbar Fusion Device, 2021- 2031F |
6.2 Grenada Spinal Non-fusion Devices Market, By Surgery |
6.2.1 Overview and Analysis |
6.2.2 Grenada Spinal Non-fusion Devices Market Revenues & Volume, By Open Spine Surgery, 2021- 2031F |
6.2.3 Grenada Spinal Non-fusion Devices Market Revenues & Volume, By Minimally Invasive Spine Surgery, 2021- 2031F |
7 Grenada Spinal Non-fusion Devices Market Import-Export Trade Statistics |
7.1 Grenada Spinal Non-fusion Devices Market Export to Major Countries |
7.2 Grenada Spinal Non-fusion Devices Market Imports from Major Countries |
8 Grenada Spinal Non-fusion Devices Market Key Performance Indicators |
8.1 Average procedure time for surgeries utilizing non-fusion devices |
8.2 Number of research and development collaborations for innovation in spinal non-fusion devices |
8.3 Patient satisfaction rates post spinal non-fusion device procedures |
9 Grenada Spinal Non-fusion Devices Market - Opportunity Assessment |
9.1 Grenada Spinal Non-fusion Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Spinal Non-fusion Devices Market Opportunity Assessment, By Surgery, 2021 & 2031F |
10 Grenada Spinal Non-fusion Devices Market - Competitive Landscape |
10.1 Grenada Spinal Non-fusion Devices Market Revenue Share, By Companies, 2024 |
10.2 Grenada Spinal Non-fusion 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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