| Product Code: ETC7373309 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continues to rely heavily on imports for laboratory informatics equipment, with top exporting countries being the USA, Trinidad and Tobago, China, Hong Kong, and India. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to limited competition. The negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 suggests a declining trend in import volumes. Furthermore, the significant decrease in growth rate from 2023 to 2024 highlights potential challenges faced by the laboratory informatics industry in 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 Laboratory Informatics Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Laboratory Informatics Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Laboratory Informatics Market - Industry Life Cycle |
3.4 Grenada Laboratory Informatics Market - Porter's Five Forces |
3.5 Grenada Laboratory Informatics Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Laboratory Informatics Market Revenues & Volume Share, By Delivery Mode, 2021 & 2031F |
3.7 Grenada Laboratory Informatics Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Grenada Laboratory Informatics Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Laboratory Informatics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Laboratory Informatics Market Trends |
6 Grenada Laboratory Informatics Market, By Types |
6.1 Grenada Laboratory Informatics Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Laboratory Informatics Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Laboratory Informatics Market Revenues & Volume, By Laboratory Information Management Systems (LIMS), 2021- 2031F |
6.1.4 Grenada Laboratory Informatics Market Revenues & Volume, By Electronic Lab Notebooks (ELN), 2021- 2031F |
6.1.5 Grenada Laboratory Informatics Market Revenues & Volume, By Scientific Data Management Systems (SDMS), 2021- 2031F |
6.1.6 Grenada Laboratory Informatics Market Revenues & Volume, By Laboratory Execution Systems (LES), 2021- 2031F |
6.1.7 Grenada Laboratory Informatics Market Revenues & Volume, By Electronic Data Capture (EDC), 2021- 2031F |
6.1.8 Grenada Laboratory Informatics Market Revenues & Volume, By Clinical Data Management Systems (CDMS), 2021- 2031F |
6.1.9 Grenada Laboratory Informatics Market Revenues & Volume, By Enterprise Content Management (ECM)), 2021- 2031F |
6.1.10 Grenada Laboratory Informatics Market Revenues & Volume, By Enterprise Content Management (ECM)), 2021- 2031F |
6.2 Grenada Laboratory Informatics Market, By Delivery Mode |
6.2.1 Overview and Analysis |
6.2.2 Grenada Laboratory Informatics Market Revenues & Volume, By On-premises, 2021- 2031F |
6.2.3 Grenada Laboratory Informatics Market Revenues & Volume, By Web-hosted, 2021- 2031F |
6.2.4 Grenada Laboratory Informatics Market Revenues & Volume, By Cloud-based, 2021- 2031F |
6.3 Grenada Laboratory Informatics Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Grenada Laboratory Informatics Market Revenues & Volume, By Software, 2021- 2031F |
6.3.3 Grenada Laboratory Informatics Market Revenues & Volume, By Services, 2021- 2031F |
6.4 Grenada Laboratory Informatics Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Laboratory Informatics Market Revenues & Volume, By Life Science Companies, 2021- 2031F |
6.4.3 Grenada Laboratory Informatics Market Revenues & Volume, By CROs, 2021- 2031F |
6.4.4 Grenada Laboratory Informatics Market Revenues & Volume, By Chemical Industry, 2021- 2031F |
6.4.5 Grenada Laboratory Informatics Market Revenues & Volume, By Food and Beverage and Agriculture Industries, 2021- 2031F |
6.4.6 Grenada Laboratory Informatics Market Revenues & Volume, By Environmental Testing Laboratories, 2021- 2031F |
6.4.7 Grenada Laboratory Informatics Market Revenues & Volume, By Petrochemical Refineries, 2021- 2031F |
7 Grenada Laboratory Informatics Market Import-Export Trade Statistics |
7.1 Grenada Laboratory Informatics Market Export to Major Countries |
7.2 Grenada Laboratory Informatics Market Imports from Major Countries |
8 Grenada Laboratory Informatics Market Key Performance Indicators |
9 Grenada Laboratory Informatics Market - Opportunity Assessment |
9.1 Grenada Laboratory Informatics Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Laboratory Informatics Market Opportunity Assessment, By Delivery Mode, 2021 & 2031F |
9.3 Grenada Laboratory Informatics Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Grenada Laboratory Informatics Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Laboratory Informatics Market - Competitive Landscape |
10.1 Grenada Laboratory Informatics Market Revenue Share, By Companies, 2024 |
10.2 Grenada Laboratory Informatics 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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