| Product Code: ETC7382350 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s import shipments of testing kits in 2024 saw significant contributions from top exporting countries such as the USA, Puerto Rico, Trinidad and Tobago, Barbados, and India. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a negative Compound Annual Growth Rate (CAGR) of -3.01% from 2020 to 2024. However, there was a positive growth rate of 3.19% from 2023 to 2024, suggesting a potential turnaround in the market`s performance. This data indicates both challenges and opportunities for stakeholders in the testing kits import 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 Testing Kits Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Testing Kits Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Testing Kits Market - Industry Life Cycle |
3.4 Grenada Testing Kits Market - Porter's Five Forces |
3.5 Grenada Testing Kits Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Testing Kits Market Revenues & Volume Share, By Sample Type, 2021 & 2031F |
3.7 Grenada Testing Kits Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Testing Kits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Testing Kits Market Trends |
6 Grenada Testing Kits Market, By Types |
6.1 Grenada Testing Kits Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Testing Kits Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Testing Kits Market Revenues & Volume, By Kits, 2021- 2031F |
6.1.4 Grenada Testing Kits Market Revenues & Volume, By Devices, 2021- 2031F |
6.1.5 Grenada Testing Kits Market Revenues & Volume, By Strips, 2021- 2031F |
6.2 Grenada Testing Kits Market, By Sample Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Testing Kits Market Revenues & Volume, By Blood, 2021- 2031F |
6.2.3 Grenada Testing Kits Market Revenues & Volume, By Urine, 2021- 2031F |
6.2.4 Grenada Testing Kits Market Revenues & Volume, By Stool, 2021- 2031F |
6.2.5 Grenada Testing Kits Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Testing Kits Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Testing Kits Market Revenues & Volume, By Blood Pressure Test, 2021- 2031F |
6.3.3 Grenada Testing Kits Market Revenues & Volume, By Diabetes and Glucose Tests, 2021- 2031F |
6.3.4 Grenada Testing Kits Market Revenues & Volume, By Cholesterol and Triglycerides Tests, 2021- 2031F |
6.3.5 Grenada Testing Kits Market Revenues & Volume, By Pregnancy Test, 2021- 2031F |
6.3.6 Grenada Testing Kits Market Revenues & Volume, By STD /STI Test, 2021- 2031F |
6.3.7 Grenada Testing Kits Market Revenues & Volume, By Urinary Tract Infection Test, 2021- 2031F |
6.3.8 Grenada Testing Kits Market Revenues & Volume, By Celiac disease Test, 2021- 2031F |
6.3.9 Grenada Testing Kits Market Revenues & Volume, By Celiac disease Test, 2021- 2031F |
7 Grenada Testing Kits Market Import-Export Trade Statistics |
7.1 Grenada Testing Kits Market Export to Major Countries |
7.2 Grenada Testing Kits Market Imports from Major Countries |
8 Grenada Testing Kits Market Key Performance Indicators |
9 Grenada Testing Kits Market - Opportunity Assessment |
9.1 Grenada Testing Kits Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Testing Kits Market Opportunity Assessment, By Sample Type, 2021 & 2031F |
9.3 Grenada Testing Kits Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Testing Kits Market - Competitive Landscape |
10.1 Grenada Testing Kits Market Revenue Share, By Companies, 2024 |
10.2 Grenada Testing Kits 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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