| Product Code: ETC12246886 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to rely heavily on imports of glucose biosensors, with top exporting countries being the USA, Puerto Rico, Trinidad and Tobago, Barbados, and India. Despite a high concentration of shipments from these countries, the market experienced a negative CAGR of -3.01% from 2020 to 2024. However, there was a slight uptick in growth in 2024, with a growth rate of 3.19% compared to the previous year. This indicates potential opportunities for market expansion and diversification in the coming years.
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 Biosensors Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Glucose Biosensors Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Glucose Biosensors Market - Industry Life Cycle |
3.4 Grenada Glucose Biosensors Market - Porter's Five Forces |
3.5 Grenada Glucose Biosensors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Glucose Biosensors Market Revenues & Volume Share, By End user, 2021 & 2031F |
4 Grenada Glucose Biosensors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Glucose Biosensors Market Trends |
6 Grenada Glucose Biosensors Market, By Types |
6.1 Grenada Glucose Biosensors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Glucose Biosensors Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Glucose Biosensors Market Revenues & Volume, By Electrochemical Biosensor, 2021 - 2031F |
6.1.4 Grenada Glucose Biosensors Market Revenues & Volume, By Optical Biosensor, 2021 - 2031F |
6.1.5 Grenada Glucose Biosensors Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Glucose Biosensors Market, By End user |
6.2.1 Overview and Analysis |
6.2.2 Grenada Glucose Biosensors Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.2.3 Grenada Glucose Biosensors Market Revenues & Volume, By Homecare, 2021 - 2031F |
6.2.4 Grenada Glucose Biosensors Market Revenues & Volume, By Diagnostic Center, 2021 - 2031F |
7 Grenada Glucose Biosensors Market Import-Export Trade Statistics |
7.1 Grenada Glucose Biosensors Market Export to Major Countries |
7.2 Grenada Glucose Biosensors Market Imports from Major Countries |
8 Grenada Glucose Biosensors Market Key Performance Indicators |
9 Grenada Glucose Biosensors Market - Opportunity Assessment |
9.1 Grenada Glucose Biosensors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Glucose Biosensors Market Opportunity Assessment, By End user, 2021 & 2031F |
10 Grenada Glucose Biosensors Market - Competitive Landscape |
10.1 Grenada Glucose Biosensors Market Revenue Share, By Companies, 2024 |
10.2 Grenada Glucose Biosensors 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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