| Product Code: ETC10264870 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Grenada`s import of rapid test kits saw significant contributions from top exporters such as the USA, Puerto Rico, Trinidad and Tobago, Barbados, and India. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020-2024 was negative at -3.01%. However, there was a positive growth rate of 3.19% in 2024 compared to the previous year. This suggests a potential shift in market dynamics and increasing demand for rapid test kits 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 Rapid Test Kit Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Rapid Test Kit Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Rapid Test Kit Market - Industry Life Cycle |
3.4 Grenada Rapid Test Kit Market - Porter's Five Forces |
3.5 Grenada Rapid Test Kit Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Rapid Test Kit Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Rapid Test Kit Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Rapid Test Kit Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Grenada Rapid Test Kit Market Revenues & Volume Share, By Sample Type, 2021 & 2031F |
4 Grenada Rapid Test Kit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Rapid Test Kit Market Trends |
6 Grenada Rapid Test Kit Market, By Types |
6.1 Grenada Rapid Test Kit Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Rapid Test Kit Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Rapid Test Kit Market Revenues & Volume, By Lateral Flow, 2021 - 2031F |
6.1.4 Grenada Rapid Test Kit Market Revenues & Volume, By PCR-Based, 2021 - 2031F |
6.1.5 Grenada Rapid Test Kit Market Revenues & Volume, By Digital Test Kits, 2021 - 2031F |
6.1.6 Grenada Rapid Test Kit Market Revenues & Volume, By Microfluidics-Based, 2021 - 2031F |
6.1.7 Grenada Rapid Test Kit Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Rapid Test Kit Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Rapid Test Kit Market Revenues & Volume, By Immunoassay, 2021 - 2031F |
6.2.3 Grenada Rapid Test Kit Market Revenues & Volume, By ELISA, 2021 - 2031F |
6.2.4 Grenada Rapid Test Kit Market Revenues & Volume, By Biosensors, 2021 - 2031F |
6.2.5 Grenada Rapid Test Kit Market Revenues & Volume, By CRISPR, 2021 - 2031F |
6.2.6 Grenada Rapid Test Kit Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada Rapid Test Kit Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Rapid Test Kit Market Revenues & Volume, By Infectious Disease Testing, 2021 - 2031F |
6.3.3 Grenada Rapid Test Kit Market Revenues & Volume, By Pregnancy & Fertility Testing, 2021 - 2031F |
6.3.4 Grenada Rapid Test Kit Market Revenues & Volume, By Drug & Alcohol Testing, 2021 - 2031F |
6.3.5 Grenada Rapid Test Kit Market Revenues & Volume, By Cancer Screening, 2021 - 2031F |
6.3.6 Grenada Rapid Test Kit Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Grenada Rapid Test Kit Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Rapid Test Kit Market Revenues & Volume, By Hospitals & Clinics, 2021 - 2031F |
6.4.3 Grenada Rapid Test Kit Market Revenues & Volume, By Homecare, 2021 - 2031F |
6.4.4 Grenada Rapid Test Kit Market Revenues & Volume, By Diagnostic Labs, 2021 - 2031F |
6.4.5 Grenada Rapid Test Kit Market Revenues & Volume, By Research Institutions, 2021 - 2031F |
6.4.6 Grenada Rapid Test Kit Market Revenues & Volume, By Others, 2021 - 2031F |
6.5 Grenada Rapid Test Kit Market, By Sample Type |
6.5.1 Overview and Analysis |
6.5.2 Grenada Rapid Test Kit Market Revenues & Volume, By Blood, 2021 - 2031F |
6.5.3 Grenada Rapid Test Kit Market Revenues & Volume, By Urine, 2021 - 2031F |
6.5.4 Grenada Rapid Test Kit Market Revenues & Volume, By Saliva, 2021 - 2031F |
6.5.5 Grenada Rapid Test Kit Market Revenues & Volume, By Nasal Swab, 2021 - 2031F |
6.5.6 Grenada Rapid Test Kit Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Rapid Test Kit Market Import-Export Trade Statistics |
7.1 Grenada Rapid Test Kit Market Export to Major Countries |
7.2 Grenada Rapid Test Kit Market Imports from Major Countries |
8 Grenada Rapid Test Kit Market Key Performance Indicators |
9 Grenada Rapid Test Kit Market - Opportunity Assessment |
9.1 Grenada Rapid Test Kit Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Rapid Test Kit Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Rapid Test Kit Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Rapid Test Kit Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Grenada Rapid Test Kit Market Opportunity Assessment, By Sample Type, 2021 & 2031F |
10 Grenada Rapid Test Kit Market - Competitive Landscape |
10.1 Grenada Rapid Test Kit Market Revenue Share, By Companies, 2024 |
10.2 Grenada Rapid Test Kit 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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