| Product Code: ETC7365934 | 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 continued to rely on key trading partners like the USA, Puerto Rico, Trinidad and Tobago, Barbados, and India for the import of COVID-19 detection POC kits. Despite a challenging market environment with a negative CAGR of -3.01% from 2020 to 2024, Grenada saw a slight improvement in growth with a 3.19% rate in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, highlighting the importance of diversifying import sources for resilience in the healthcare sector.
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 COVID-19 Detection PoC Kits Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada COVID-19 Detection PoC Kits Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada COVID-19 Detection PoC Kits Market - Industry Life Cycle |
3.4 Grenada COVID-19 Detection PoC Kits Market - Porter's Five Forces |
3.5 Grenada COVID-19 Detection PoC Kits Market Revenues & Volume Share, By Sample Type, 2021 & 2031F |
3.6 Grenada COVID-19 Detection PoC Kits Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada COVID-19 Detection PoC Kits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives to ramp up COVID-19 testing in Grenada |
4.2.2 Rising awareness about the importance of early detection and containment of the virus |
4.2.3 Growing demand for point-of-care testing solutions for quicker and efficient diagnosis |
4.3 Market Restraints |
4.3.1 Supply chain disruptions affecting the availability of necessary components for POC kits |
4.3.2 Regulatory challenges and delays in product approvals impacting market entry for new players |
5 Grenada COVID-19 Detection PoC Kits Market Trends |
6 Grenada COVID-19 Detection PoC Kits Market, By Types |
6.1 Grenada COVID-19 Detection PoC Kits Market, By Sample Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada COVID-19 Detection PoC Kits Market Revenues & Volume, By Sample Type, 2021- 2031F |
6.1.3 Grenada COVID-19 Detection PoC Kits Market Revenues & Volume, By Nasopharyngeal (NP) swab, 2021- 2031F |
6.1.4 Grenada COVID-19 Detection PoC Kits Market Revenues & Volume, By Oropharyngeal (OP) swab, 2021- 2031F |
6.1.5 Grenada COVID-19 Detection PoC Kits Market Revenues & Volume, By Nasal Swabs, 2021- 2031F |
6.1.6 Grenada COVID-19 Detection PoC Kits Market Revenues & Volume, By Saliva, 2021- 2031F |
6.2 Grenada COVID-19 Detection PoC Kits Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Grenada COVID-19 Detection PoC Kits Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 Grenada COVID-19 Detection PoC Kits Market Revenues & Volume, By Home Care, 2021- 2031F |
6.2.4 Grenada COVID-19 Detection PoC Kits Market Revenues & Volume, By Diagnostic Centers and Clinics, 2021- 2031F |
6.2.5 Grenada COVID-19 Detection PoC Kits Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada COVID-19 Detection PoC Kits Market Import-Export Trade Statistics |
7.1 Grenada COVID-19 Detection PoC Kits Market Export to Major Countries |
7.2 Grenada COVID-19 Detection PoC Kits Market Imports from Major Countries |
8 Grenada COVID-19 Detection PoC Kits Market Key Performance Indicators |
8.1 Average turnaround time for test results using POC kits |
8.2 Adoption rate of POC kits in healthcare facilities and testing centers |
8.3 Percentage of population tested using POC kits as a proportion of total COVID-19 tests conducted |
9 Grenada COVID-19 Detection PoC Kits Market - Opportunity Assessment |
9.1 Grenada COVID-19 Detection PoC Kits Market Opportunity Assessment, By Sample Type, 2021 & 2031F |
9.2 Grenada COVID-19 Detection PoC Kits Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada COVID-19 Detection PoC Kits Market - Competitive Landscape |
10.1 Grenada COVID-19 Detection PoC Kits Market Revenue Share, By Companies, 2024 |
10.2 Grenada COVID-19 Detection PoC 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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