| Product Code: ETC10919399 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Guatemala continues to heavily rely on imports of test strips, with top exporters being Panama, USA, Canada, India, and Mexico. Despite a significant decrease in the Compound Annual Growth Rate (CAGR) from 2020-24 at -42.05%, the market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high. The negative growth rate of -12.74% from 2023-24 suggests a challenging environment for the import market of test strips in Guatemala. Market players should closely monitor these trends to adapt their strategies accordingly.

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 Guatemala Test Strips Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Test Strips Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Test Strips Market - Industry Life Cycle |
3.4 Guatemala Test Strips Market - Porter's Five Forces |
3.5 Guatemala Test Strips Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Test Strips Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Guatemala Test Strips Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Guatemala Test Strips Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Guatemala Test Strips Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Guatemala Test Strips Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of diabetes in Guatemala |
4.2.2 Growing awareness about the importance of regular blood glucose monitoring |
4.2.3 Technological advancements leading to the development of more accurate and user-friendly test strips |
4.3 Market Restraints |
4.3.1 High cost associated with test strips limiting affordability for some segments of the population |
4.3.2 Limited access to healthcare facilities in remote areas impacting the distribution of test strips |
4.3.3 Lack of reimbursement policies for diabetes management products affecting adoption rates |
5 Guatemala Test Strips Market Trends |
6 Guatemala Test Strips Market, By Types |
6.1 Guatemala Test Strips Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Test Strips Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Guatemala Test Strips Market Revenues & Volume, By Blood Glucose Test Strips, 2021 - 2031F |
6.1.4 Guatemala Test Strips Market Revenues & Volume, By Urinalysis Test Strips, 2021 - 2031F |
6.1.5 Guatemala Test Strips Market Revenues & Volume, By Pregnancy Test Strips, 2021 - 2031F |
6.2 Guatemala Test Strips Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Test Strips Market Revenues & Volume, By Diabetes Monitoring, 2021 - 2031F |
6.2.3 Guatemala Test Strips Market Revenues & Volume, By Infection Detection, 2021 - 2031F |
6.2.4 Guatemala Test Strips Market Revenues & Volume, By Hormone Testing, 2021 - 2031F |
6.3 Guatemala Test Strips Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Test Strips Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.3.3 Guatemala Test Strips Market Revenues & Volume, By Paper, 2021 - 2031F |
6.3.4 Guatemala Test Strips Market Revenues & Volume, By Synthetic, 2021 - 2031F |
6.4 Guatemala Test Strips Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Test Strips Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.4.3 Guatemala Test Strips Market Revenues & Volume, By Home Care, 2021 - 2031F |
6.4.4 Guatemala Test Strips Market Revenues & Volume, By Diagnostic Centers, 2021 - 2031F |
6.5 Guatemala Test Strips Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 Guatemala Test Strips Market Revenues & Volume, By Electrochemical, 2021 - 2031F |
6.5.3 Guatemala Test Strips Market Revenues & Volume, By Colorimetric, 2021 - 2031F |
6.5.4 Guatemala Test Strips Market Revenues & Volume, By Enzymatic, 2021 - 2031F |
7 Guatemala Test Strips Market Import-Export Trade Statistics |
7.1 Guatemala Test Strips Market Export to Major Countries |
7.2 Guatemala Test Strips Market Imports from Major Countries |
8 Guatemala Test Strips Market Key Performance Indicators |
8.1 Average number of test strips used per diabetic patient per month |
8.2 Percentage of healthcare professionals recommending regular blood glucose monitoring |
8.3 Rate of adoption of new and advanced test strip technologies |
8.4 Percentage of diabetic population in Guatemala using test strips |
8.5 Average time taken for test strip procurement and delivery |
9 Guatemala Test Strips Market - Opportunity Assessment |
9.1 Guatemala Test Strips Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Test Strips Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Guatemala Test Strips Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Guatemala Test Strips Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Guatemala Test Strips Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Guatemala Test Strips Market - Competitive Landscape |
10.1 Guatemala Test Strips Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Test Strips 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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