| Product Code: ETC5554499 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s biosensors import market in 2024 continued to show strong growth, with a notable Compound Annual Growth Rate (CAGR) of 14.38% from 2020 to 2024. The top exporting countries to Grenada in this sector were the USA, Iceland, Canada, Puerto Rico, and Trinidad and Tobago. Despite the increasing number of exporting countries, the Herfindahl-Hirschman Index (HHI) indicated very high concentration in the market. The growth rate from 2023 to 2024 was 6.47%, reflecting a positive trend in the importation of biosensors into 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 Biosensors Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Biosensors Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Biosensors Market - Industry Life Cycle |
3.4 Grenada Biosensors Market - Porter's Five Forces |
3.5 Grenada Biosensors Market Revenues & Volume Share, By Product , 2021 & 2031F |
3.6 Grenada Biosensors Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.7 Grenada Biosensors Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Grenada Biosensors Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Grenada Biosensors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for point-of-care testing solutions in Grenada |
4.2.2 Growing focus on preventive healthcare measures in the country |
4.2.3 Technological advancements in biosensors leading to improved accuracy and efficiency |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up biosensor infrastructure |
4.3.2 Lack of awareness and education about biosensors among healthcare professionals in Grenada |
4.3.3 Regulatory challenges and approval processes for biosensors in the country |
5 Grenada Biosensors Market Trends |
6 Grenada Biosensors Market Segmentations |
6.1 Grenada Biosensors Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Biosensors Market Revenues & Volume, By Wearable Biosensors, 2021-2031F |
6.1.3 Grenada Biosensors Market Revenues & Volume, By Non-wearable Biosensors, 2021-2031F |
6.2 Grenada Biosensors Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Biosensors Market Revenues & Volume, By POC, 2021-2031F |
6.2.3 Grenada Biosensors Market Revenues & Volume, By Home Diagnostics, 2021-2031F |
6.2.4 Grenada Biosensors Market Revenues & Volume, By Research Labs, 2021-2031F |
6.2.5 Grenada Biosensors Market Revenues & Volume, By Environmental Monitoring, 2021-2031F |
6.2.6 Grenada Biosensors Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.7 Grenada Biosensors Market Revenues & Volume, By Biodefense, 2021-2031F |
6.3 Grenada Biosensors Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Grenada Biosensors Market Revenues & Volume, By Electrochemical Biosensors, 2021-2031F |
6.3.3 Grenada Biosensors Market Revenues & Volume, By Optical Biosensors, 2021-2031F |
6.3.4 Grenada Biosensors Market Revenues & Volume, By Piezoelectric Biosensors, 2021-2031F |
6.3.5 Grenada Biosensors Market Revenues & Volume, By Thermal Biosensors, 2021-2031F |
6.3.6 Grenada Biosensors Market Revenues & Volume, By Nanomechanical Biosensors, 2021-2031F |
6.4 Grenada Biosensors Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Biosensors Market Revenues & Volume, By Sensor Patch, 2021-2031F |
6.4.3 Grenada Biosensors Market Revenues & Volume, By Embedded Device, 2021-2031F |
7 Grenada Biosensors Market Import-Export Trade Statistics |
7.1 Grenada Biosensors Market Export to Major Countries |
7.2 Grenada Biosensors Market Imports from Major Countries |
8 Grenada Biosensors Market Key Performance Indicators |
8.1 Rate of adoption of biosensors in healthcare facilities in Grenada |
8.2 Number of research and development collaborations for biosensors in the country |
8.3 Average time taken for regulatory approval of new biosensor technologies in Grenada. |
9 Grenada Biosensors Market - Opportunity Assessment |
9.1 Grenada Biosensors Market Opportunity Assessment, By Product , 2021 & 2031F |
9.2 Grenada Biosensors Market Opportunity Assessment, By Application , 2021 & 2031F |
9.3 Grenada Biosensors Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 Grenada Biosensors Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Grenada Biosensors Market - Competitive Landscape |
10.1 Grenada Biosensors Market Revenue Share, By Companies, 2024 |
10.2 Grenada Biosensors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |