Grenada IVD Market (2025-2031) | Value, Outlook, Size & Revenue, Forecast, Trends, Analysis, Competitive Landscape, Share, Segmentation, Growth, Companies, Industry

Market Forecast By Product Type (Reagents, Instruments, Software And Services), By Technique (Immunodiagnostics, Blood Testing, Molecular Diagnostics, Tissue Diagnostics, Clinical Chemistry, Other Ivd Techniques), By Application (Infectious Diseases, Cancer, Cardiac Diseases, Immune System Disorders, Nephrological Diseases, Gastrointestinal Diseases, Others Indications), By End Users (Standalone Laboratories, Hospitals, Academic And Medical Schools, Point Of Care Testing, Others End-User) And Competitive Landscape
Product Code: ETC7372318 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

Grenada Ivd Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada`s IVD import market continued to see high concentration with top exporters being USA, Puerto Rico, Trinidad and Tobago, Barbados, and India. Despite a slight improvement in growth rate from 2023 to 2024 at 3.19%, the overall CAGR for 2020-2024 remained negative at -3.01%. This suggests a challenging environment for the IVD sector in Grenada, highlighting the importance of strategic planning and market diversification for both local and international players in the industry.

Key Highlights of the Report:

  • Grenada IVD Market Outlook
  • Market Size of Grenada IVD Market, 2024
  • Forecast of Grenada IVD Market, 2031
  • Historical Data and Forecast of Grenada IVD Revenues & Volume for the Period 2021- 2031
  • Grenada IVD Market Trend Evolution
  • Grenada IVD Market Drivers and Challenges
  • Grenada IVD Price Trends
  • Grenada IVD Porter's Five Forces
  • Grenada IVD Industry Life Cycle
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Product Type for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Reagents for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Instruments for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Software And Services for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Technique for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Immunodiagnostics for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Blood Testing for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Molecular Diagnostics for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Tissue Diagnostics for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Clinical Chemistry for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Other Ivd Techniques for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Infectious Diseases for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Cancer for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Cardiac Diseases for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Immune System Disorders for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Nephrological Diseases for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Gastrointestinal Diseases for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Others Indications for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By End Users for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Standalone Laboratories for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Hospitals for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Academic And Medical Schools for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Point Of Care Testing for the Period 2021- 2031
  • Historical Data and Forecast of Grenada IVD Market Revenues & Volume By Others End-User for the Period 2021- 2031
  • Grenada IVD Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Technique
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End Users
  • Grenada IVD Top Companies Market Share
  • Grenada IVD Competitive Benchmarking By Technical and Operational Parameters
  • Grenada IVD Company Profiles
  • Grenada IVD Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada IVD Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada IVD Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 IVD Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada IVD Market Revenues & Volume, 2021 & 2031F

3.3 Grenada IVD Market - Industry Life Cycle

3.4 Grenada IVD Market - Porter's Five Forces

3.5 Grenada IVD Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Grenada IVD Market Revenues & Volume Share, By Technique, 2021 & 2031F

3.7 Grenada IVD Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 Grenada IVD Market Revenues & Volume Share, By End Users, 2021 & 2031F

4 Grenada IVD Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing prevalence of chronic diseases in Grenada

4.2.2 Government initiatives to improve healthcare infrastructure

4.2.3 Growing awareness about the importance of early disease detection in the population

4.3 Market Restraints

4.3.1 Limited healthcare budget allocation in Grenada

4.3.2 Lack of skilled professionals in the IVD sector

4.3.3 Stringent regulatory requirements for IVD product approvals

5 Grenada IVD Market Trends

6 Grenada IVD Market, By Types

6.1 Grenada IVD Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Grenada IVD Market Revenues & Volume, By Product Type, 2021- 2031F

6.1.3 Grenada IVD Market Revenues & Volume, By Reagents, 2021- 2031F

6.1.4 Grenada IVD Market Revenues & Volume, By Instruments, 2021- 2031F

6.1.5 Grenada IVD Market Revenues & Volume, By Software And Services, 2021- 2031F

6.2 Grenada IVD Market, By Technique

6.2.1 Overview and Analysis

6.2.2 Grenada IVD Market Revenues & Volume, By Immunodiagnostics, 2021- 2031F

6.2.3 Grenada IVD Market Revenues & Volume, By Blood Testing, 2021- 2031F

6.2.4 Grenada IVD Market Revenues & Volume, By Molecular Diagnostics, 2021- 2031F

6.2.5 Grenada IVD Market Revenues & Volume, By Tissue Diagnostics, 2021- 2031F

6.2.6 Grenada IVD Market Revenues & Volume, By Clinical Chemistry, 2021- 2031F

6.2.7 Grenada IVD Market Revenues & Volume, By Other Ivd Techniques, 2021- 2031F

6.3 Grenada IVD Market, By Application

6.3.1 Overview and Analysis

6.3.2 Grenada IVD Market Revenues & Volume, By Infectious Diseases, 2021- 2031F

6.3.3 Grenada IVD Market Revenues & Volume, By Cancer, 2021- 2031F

6.3.4 Grenada IVD Market Revenues & Volume, By Cardiac Diseases, 2021- 2031F

6.3.5 Grenada IVD Market Revenues & Volume, By Immune System Disorders, 2021- 2031F

6.3.6 Grenada IVD Market Revenues & Volume, By Nephrological Diseases, 2021- 2031F

6.3.7 Grenada IVD Market Revenues & Volume, By Gastrointestinal Diseases, 2021- 2031F

6.4 Grenada IVD Market, By End Users

6.4.1 Overview and Analysis

6.4.2 Grenada IVD Market Revenues & Volume, By Standalone Laboratories, 2021- 2031F

6.4.3 Grenada IVD Market Revenues & Volume, By Hospitals, 2021- 2031F

6.4.4 Grenada IVD Market Revenues & Volume, By Academic And Medical Schools, 2021- 2031F

6.4.5 Grenada IVD Market Revenues & Volume, By Point Of Care Testing, 2021- 2031F

6.4.6 Grenada IVD Market Revenues & Volume, By Others End-User, 2021- 2031F

7 Grenada IVD Market Import-Export Trade Statistics

7.1 Grenada IVD Market Export to Major Countries

7.2 Grenada IVD Market Imports from Major Countries

8 Grenada IVD Market Key Performance Indicators

8.1 Percentage increase in healthcare expenditure in Grenada

8.2 Number of accredited IVD training programs in the country

8.3 Adoption rate of innovative IVD technologies in healthcare facilities

9 Grenada IVD Market - Opportunity Assessment

9.1 Grenada IVD Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Grenada IVD Market Opportunity Assessment, By Technique, 2021 & 2031F

9.3 Grenada IVD Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 Grenada IVD Market Opportunity Assessment, By End Users, 2021 & 2031F

10 Grenada IVD Market - Competitive Landscape

10.1 Grenada IVD Market Revenue Share, By Companies, 2024

10.2 Grenada IVD Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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