| Product Code: ETC7383199 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada saw a significant increase in import shipments of vascular patches, with top exporting countries including Barbados, UK, USA, Trinidad and Tobago, and Iceland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 11.89% from 2020 to 2024 points to sustained growth. The notable growth rate of 30.07% from 2023 to 2024 suggests a rapidly expanding market for vascular patches 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 Vascular Patches Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Vascular Patches Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Vascular Patches Market - Industry Life Cycle |
3.4 Grenada Vascular Patches Market - Porter's Five Forces |
3.5 Grenada Vascular Patches Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Vascular Patches Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Vascular Patches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of cardiovascular diseases leading to higher demand for vascular patches |
4.2.2 Growing geriatric population requiring more vascular procedures |
4.2.3 Technological advancements in vascular patch materials and design |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for product approval |
4.3.2 High cost associated with vascular patch procedures |
4.3.3 Limited awareness about the benefits of vascular patches compared to other treatment options |
5 Grenada Vascular Patches Market Trends |
6 Grenada Vascular Patches Market, By Types |
6.1 Grenada Vascular Patches Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Vascular Patches Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Vascular Patches Market Revenues & Volume, By Biologic Vascular Patches, 2021- 2031F |
6.1.4 Grenada Vascular Patches Market Revenues & Volume, By Synthetic Vascular Patches, 2021- 2031F |
6.2 Grenada Vascular Patches Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Vascular Patches Market Revenues & Volume, By Carotid Endarterectomy, 2021- 2031F |
6.2.3 Grenada Vascular Patches Market Revenues & Volume, By Open Repair of Abdominal Aortic Aneurysms, 2021- 2031F |
6.2.4 Grenada Vascular Patches Market Revenues & Volume, By Vascular Bypass Surgery, 2021- 2031F |
7 Grenada Vascular Patches Market Import-Export Trade Statistics |
7.1 Grenada Vascular Patches Market Export to Major Countries |
7.2 Grenada Vascular Patches Market Imports from Major Countries |
8 Grenada Vascular Patches Market Key Performance Indicators |
8.1 Average selling price of grenada vascular patches |
8.2 Adoption rate of minimally invasive vascular procedures |
8.3 Number of research studies validating the efficacy of grenada vascular patches |
8.4 Rate of reimbursement for vascular patch procedures |
8.5 Percentage of hospitals offering specialized vascular surgery services |
9 Grenada Vascular Patches Market - Opportunity Assessment |
9.1 Grenada Vascular Patches Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Vascular Patches Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Vascular Patches Market - Competitive Landscape |
10.1 Grenada Vascular Patches Market Revenue Share, By Companies, 2024 |
10.2 Grenada Vascular Patches 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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