| Product Code: ETC5634565 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s import of lateral flow assays in 2024 continued to be dominated by key exporters such as the USA, Puerto Rico, Trinidad and Tobago, Barbados, and India. Despite a negative CAGR from 2020 to 2024, there was a positive growth rate in 2024, indicating a potential shift in market dynamics. The high HHI concentration suggests a competitive market landscape with a few major players. Grenada`s reliance on these top exporting countries highlights the importance of maintaining strong trade relationships for a consistent supply of lateral flow assays.
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 Lateral Flow Assays Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Lateral Flow Assays Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Lateral Flow Assays Market - Industry Life Cycle |
3.4 Grenada Lateral Flow Assays Market - Porter's Five Forces |
3.5 Grenada Lateral Flow Assays Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Lateral Flow Assays Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Lateral Flow Assays Market Revenues & Volume Share, By Technique, 2021 & 2031F |
3.8 Grenada Lateral Flow Assays Market Revenues & Volume Share, By Sample Type, 2021 & 2031F |
3.9 Grenada Lateral Flow Assays Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Lateral Flow Assays Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for point-of-care testing solutions |
4.2.2 Technological advancements in lateral flow assay development |
4.2.3 Rising prevalence of infectious diseases in Grenada |
4.3 Market Restraints |
4.3.1 High competition from other diagnostic technologies |
4.3.2 Lack of awareness and adoption of lateral flow assays in healthcare settings |
5 Grenada Lateral Flow Assays Market Trends |
6 Grenada Lateral Flow Assays Market Segmentations |
6.1 Grenada Lateral Flow Assays Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Lateral Flow Assays Market Revenues & Volume, By Kits & Reagents, 2021-2031F |
6.1.3 Grenada Lateral Flow Assays Market Revenues & Volume, By Lateral Flow Readers, 2021-2031F |
6.2 Grenada Lateral Flow Assays Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Lateral Flow Assays Market Revenues & Volume, By Clinical Testing, 2021-2031F |
6.2.3 Grenada Lateral Flow Assays Market Revenues & Volume, By Veterinary Diagnostics, 2021-2031F |
6.2.4 Grenada Lateral Flow Assays Market Revenues & Volume, By Food Safety & Environmental Testing, 2021-2031F |
6.2.5 Grenada Lateral Flow Assays Market Revenues & Volume, By Drug Development & Quality Testing, 2021-2031F |
6.3 Grenada Lateral Flow Assays Market, By Technique |
6.3.1 Overview and Analysis |
6.3.2 Grenada Lateral Flow Assays Market Revenues & Volume, By Sandwich Assays, 2021-2031F |
6.3.3 Grenada Lateral Flow Assays Market Revenues & Volume, By Competitive Assays, 2021-2031F |
6.3.4 Grenada Lateral Flow Assays Market Revenues & Volume, By Multiplex Detection Assays, 2021-2031F |
6.4 Grenada Lateral Flow Assays Market, By Sample Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Lateral Flow Assays Market Revenues & Volume, By Blood Samples, 2021-2031F |
6.4.3 Grenada Lateral Flow Assays Market Revenues & Volume, By Urine Samples, 2021-2031F |
6.4.4 Grenada Lateral Flow Assays Market Revenues & Volume, By Saliva Samples, 2021-2031F |
6.4.5 Grenada Lateral Flow Assays Market Revenues & Volume, By Other Samples, 2021-2031F |
6.5 Grenada Lateral Flow Assays Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Grenada Lateral Flow Assays Market Revenues & Volume, By Hospitals & Clinics, 2021-2031F |
6.5.3 Grenada Lateral Flow Assays Market Revenues & Volume, By Diagnostics Laboratories, 2021-2031F |
6.5.4 Grenada Lateral Flow Assays Market Revenues & Volume, By Home Care Settings, 2021-2031F |
6.5.5 Grenada Lateral Flow Assays Market Revenues & Volume, By Pharmaceuticals & Biotechnology Companies, 2021-2031F |
6.5.6 Grenada Lateral Flow Assays Market Revenues & Volume, By Other End User, 2021-2031F |
7 Grenada Lateral Flow Assays Market Import-Export Trade Statistics |
7.1 Grenada Lateral Flow Assays Market Export to Major Countries |
7.2 Grenada Lateral Flow Assays Market Imports from Major Countries |
8 Grenada Lateral Flow Assays Market Key Performance Indicators |
8.1 Adoption rate of lateral flow assays by healthcare facilities in Grenada |
8.2 Number of research studies and publications utilizing lateral flow assays in Grenada |
9 Grenada Lateral Flow Assays Market - Opportunity Assessment |
9.1 Grenada Lateral Flow Assays Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Lateral Flow Assays Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Lateral Flow Assays Market Opportunity Assessment, By Technique, 2021 & 2031F |
9.4 Grenada Lateral Flow Assays Market Opportunity Assessment, By Sample Type, 2021 & 2031F |
9.5 Grenada Lateral Flow Assays Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Lateral Flow Assays Market - Competitive Landscape |
10.1 Grenada Lateral Flow Assays Market Revenue Share, By Companies, 2024 |
10.2 Grenada Lateral Flow Assays 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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