| Product Code: ETC7371417 | 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 |
In 2024, Grenada continued to rely on imports of glucose analyzer devices primarily from the USA, Trinidad and Tobago, China, Hong Kong, and India. Despite a high concentration of imports from these top countries, the market experienced a decline with a negative CAGR of -2.55% from 2020 to 2024. The growth rate in 2024 saw a significant decrease of -7.88% compared to the previous year. This trend suggests a challenging environment for the glucose analyzer device market in Grenada, highlighting the need for strategic adjustments and innovative approaches to drive growth.
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 Glucose Analyzer Devices Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Glucose Analyzer Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Glucose Analyzer Devices Market - Industry Life Cycle |
3.4 Grenada Glucose Analyzer Devices Market - Porter's Five Forces |
3.5 Grenada Glucose Analyzer Devices Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Glucose Analyzer Devices Market Revenues & Volume Share, By Sample, 2021 & 2031F |
3.7 Grenada Glucose Analyzer Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Glucose Analyzer Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of diabetes in Grenada |
4.2.2 Rising awareness about the importance of regular blood glucose monitoring |
4.2.3 Technological advancements in glucose analyzer devices |
4.3 Market Restraints |
4.3.1 High cost associated with glucose analyzer devices |
4.3.2 Limited access to healthcare facilities in certain regions of Grenada |
5 Grenada Glucose Analyzer Devices Market Trends |
6 Grenada Glucose Analyzer Devices Market, By Types |
6.1 Grenada Glucose Analyzer Devices Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Glucose Analyzer Devices Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Glucose Analyzer Devices Market Revenues & Volume, By Handheld POC Glucose Analyzer, 2021- 2031F |
6.1.4 Grenada Glucose Analyzer Devices Market Revenues & Volume, By Benchtop POC Glucose Analyzer, 2021- 2031F |
6.2 Grenada Glucose Analyzer Devices Market, By Sample |
6.2.1 Overview and Analysis |
6.2.2 Grenada Glucose Analyzer Devices Market Revenues & Volume, By Blood, 2021- 2031F |
6.2.3 Grenada Glucose Analyzer Devices Market Revenues & Volume, By Saliva, 2021- 2031F |
6.3 Grenada Glucose Analyzer Devices Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Glucose Analyzer Devices Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Grenada Glucose Analyzer Devices Market Revenues & Volume, By Office Based Setting, 2021- 2031F |
6.3.4 Grenada Glucose Analyzer Devices Market Revenues & Volume, By Home Care Setting, 2021- 2031F |
6.3.5 Grenada Glucose Analyzer Devices Market Revenues & Volume, By Clinics, 2021- 2031F |
6.3.6 Grenada Glucose Analyzer Devices Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.3.7 Grenada Glucose Analyzer Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Glucose Analyzer Devices Market Import-Export Trade Statistics |
7.1 Grenada Glucose Analyzer Devices Market Export to Major Countries |
7.2 Grenada Glucose Analyzer Devices Market Imports from Major Countries |
8 Grenada Glucose Analyzer Devices Market Key Performance Indicators |
8.1 Rate of adoption of glucose analyzer devices in healthcare facilities |
8.2 Number of diabetes awareness campaigns conducted in Grenada |
8.3 Level of government support for diabetes management programs |
9 Grenada Glucose Analyzer Devices Market - Opportunity Assessment |
9.1 Grenada Glucose Analyzer Devices Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Glucose Analyzer Devices Market Opportunity Assessment, By Sample, 2021 & 2031F |
9.3 Grenada Glucose Analyzer Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Glucose Analyzer Devices Market - Competitive Landscape |
10.1 Grenada Glucose Analyzer Devices Market Revenue Share, By Companies, 2024 |
10.2 Grenada Glucose Analyzer 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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