| Product Code: ETC7371410 | 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 |
Despite a high concentration in import sources, Grenada saw a decline in glucometer import shipments in 2024, with a negative CAGR of -2.55% from 2020 to 2024. The top exporting countries to Grenada for glucometers include the USA, Trinidad and Tobago, China, Hong Kong, and India. The negative growth rate of -7.88% from 2023 to 2024 indicates a challenging year for glucometer imports in Grenada. Further analysis is needed to understand the factors contributing to this decline and to identify potential strategies for growth in the future.
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 Glucometer Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Glucometer Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Glucometer Market - Industry Life Cycle |
3.4 Grenada Glucometer Market - Porter's Five Forces |
3.5 Grenada Glucometer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Glucometer Market Revenues & Volume Share, By Technique, 2021 & 2031F |
3.7 Grenada Glucometer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Grenada Glucometer Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
4 Grenada Glucometer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of diabetes in Grenada |
4.2.2 Growing awareness about the importance of regular blood sugar monitoring |
4.2.3 Technological advancements in glucometer devices |
4.3 Market Restraints |
4.3.1 High cost associated with glucometer devices |
4.3.2 Limited healthcare infrastructure in some regions of Grenada |
5 Grenada Glucometer Market Trends |
6 Grenada Glucometer Market, By Types |
6.1 Grenada Glucometer Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Glucometer Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Glucometer Market Revenues & Volume, By Continuous Glucose Monitoring Devices, 2021- 2031F |
6.1.4 Grenada Glucometer Market Revenues & Volume, By Self-Monitoring Blood Glucose (SMBG) Systems, 2021- 2031F |
6.2 Grenada Glucometer Market, By Technique |
6.2.1 Overview and Analysis |
6.2.2 Grenada Glucometer Market Revenues & Volume, By Invasive, 2021- 2031F |
6.2.3 Grenada Glucometer Market Revenues & Volume, By Non-Invasive, 2021- 2031F |
6.3 Grenada Glucometer Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Glucometer Market Revenues & Volume, By Wearable, 2021- 2031F |
6.3.3 Grenada Glucometer Market Revenues & Volume, By Non-Wearable, 2021- 2031F |
6.4 Grenada Glucometer Market, By Distribution channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Glucometer Market Revenues & Volume, By Institutional Sales, 2021- 2031F |
6.4.3 Grenada Glucometer Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.4.4 Grenada Glucometer Market Revenues & Volume, By Clinics, 2021- 2031F |
6.4.5 Grenada Glucometer Market Revenues & Volume, By Retail Sales, 2021- 2031F |
6.4.6 Grenada Glucometer Market Revenues & Volume, By Hospital Pharmacies, 2021- 2031F |
6.4.7 Grenada Glucometer Market Revenues & Volume, By Retail Pharmacies, 2021- 2031F |
6.4.8 Grenada Glucometer Market Revenues & Volume, By Others, 2021- 2031F |
6.4.9 Grenada Glucometer Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Glucometer Market Import-Export Trade Statistics |
7.1 Grenada Glucometer Market Export to Major Countries |
7.2 Grenada Glucometer Market Imports from Major Countries |
8 Grenada Glucometer Market Key Performance Indicators |
8.1 Adoption rate of digital health solutions in Grenada |
8.2 Number of diabetes awareness campaigns conducted annually |
8.3 Percentage of healthcare professionals recommending regular blood sugar monitoring |
9 Grenada Glucometer Market - Opportunity Assessment |
9.1 Grenada Glucometer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Glucometer Market Opportunity Assessment, By Technique, 2021 & 2031F |
9.3 Grenada Glucometer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 Grenada Glucometer Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
10 Grenada Glucometer Market - Competitive Landscape |
10.1 Grenada Glucometer Market Revenue Share, By Companies, 2024 |
10.2 Grenada Glucometer 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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