| Product Code: ETC7380455 | 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 heavily rely on imports of sequencing consumables, with top exporters being the USA, Puerto Rico, Trinidad and Tobago, Barbados, and India. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a slight uptick in growth from 2023 to 2024. This suggests a potentially stabilizing market for sequencing consumables in Grenada, with key suppliers maintaining their dominance in the industry.
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 Sequencing Consumables Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Sequencing Consumables Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Sequencing Consumables Market - Industry Life Cycle |
3.4 Grenada Sequencing Consumables Market - Porter's Five Forces |
3.5 Grenada Sequencing Consumables Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Sequencing Consumables Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.7 Grenada Sequencing Consumables Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Sequencing Consumables Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Grenada Sequencing Consumables Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of next-generation sequencing (NGS) technologies in research and clinical applications. |
4.2.2 Rising demand for personalized medicine and genetic testing. |
4.2.3 Technological advancements leading to cost reduction and improved efficiency in sequencing processes. |
4.3 Market Restraints |
4.3.1 High initial setup costs and ongoing maintenance expenses for sequencing equipment. |
4.3.2 Lack of skilled professionals proficient in handling sequencing technologies. |
4.3.3 Regulatory challenges and ethical concerns related to genetic data privacy. |
5 Grenada Sequencing Consumables Market Trends |
6 Grenada Sequencing Consumables Market, By Types |
6.1 Grenada Sequencing Consumables Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Sequencing Consumables Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Sequencing Consumables Market Revenues & Volume, By Kits, 2021- 2031F |
6.1.4 Grenada Sequencing Consumables Market Revenues & Volume, By Reagents, 2021- 2031F |
6.1.5 Grenada Sequencing Consumables Market Revenues & Volume, By Accessories, 2021- 2031F |
6.2 Grenada Sequencing Consumables Market, By Platform |
6.2.1 Overview and Analysis |
6.2.2 Grenada Sequencing Consumables Market Revenues & Volume, By 1st Generation, 2021- 2031F |
6.2.3 Grenada Sequencing Consumables Market Revenues & Volume, By 2nd Generation, 2021- 2031F |
6.2.4 Grenada Sequencing Consumables Market Revenues & Volume, By 3rd Generation, 2021- 2031F |
6.3 Grenada Sequencing Consumables Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Sequencing Consumables Market Revenues & Volume, By Cancer Diagnostics, 2021- 2031F |
6.3.3 Grenada Sequencing Consumables Market Revenues & Volume, By Infectious Disease Diagnostics, 2021- 2031F |
6.3.4 Grenada Sequencing Consumables Market Revenues & Volume, By Reproductive Health Diagnostics, 2021- 2031F |
6.3.5 Grenada Sequencing Consumables Market Revenues & Volume, By Pharmacogenomics, 2021- 2031F |
6.3.6 Grenada Sequencing Consumables Market Revenues & Volume, By Agrigenomics, 2021- 2031F |
6.3.7 Grenada Sequencing Consumables Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Grenada Sequencing Consumables Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Sequencing Consumables Market Revenues & Volume, By Pharmaceutical and Biotechnology Companies, 2021- 2031F |
6.4.3 Grenada Sequencing Consumables Market Revenues & Volume, By Hospitals and Laboratories, 2021- 2031F |
6.4.4 Grenada Sequencing Consumables Market Revenues & Volume, By Academic Research Institutes, 2021- 2031F |
6.4.5 Grenada Sequencing Consumables Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Sequencing Consumables Market Import-Export Trade Statistics |
7.1 Grenada Sequencing Consumables Market Export to Major Countries |
7.2 Grenada Sequencing Consumables Market Imports from Major Countries |
8 Grenada Sequencing Consumables Market Key Performance Indicators |
8.1 Average cost per sequencing run, indicating the affordability and accessibility of sequencing consumables. |
8.2 Adoption rate of NGS technologies in various applications, reflecting the market demand for consumables. |
8.3 Number of research publications utilizing Grenada sequencing consumables, demonstrating market penetration and acceptance among researchers. |
9 Grenada Sequencing Consumables Market - Opportunity Assessment |
9.1 Grenada Sequencing Consumables Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Sequencing Consumables Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.3 Grenada Sequencing Consumables Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Sequencing Consumables Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Grenada Sequencing Consumables Market - Competitive Landscape |
10.1 Grenada Sequencing Consumables Market Revenue Share, By Companies, 2024 |
10.2 Grenada Sequencing Consumables 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.
To discover high-growth global markets and optimize your business strategy:
Click Here