| Product Code: ETC4722884 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The market for medical device sterilization imports in Latvia experienced a significant shift in 2024, with top exporting countries including Ireland, Germany, Netherlands, Austria, and Poland. Despite a high concentration in 2023, the Herfindahl-Hirschman Index (HHI) remained at elevated levels in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was -11.8%, indicating a decline in the market. Furthermore, the growth rate from 2023 to 2024 plummeted by -55.85%, reflecting a notable contraction in import shipments during the specified period. These trends suggest a challenging environment for medical device sterilization imports in Latvia.

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 Latvia Medical Device Sterilization Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Medical Device Sterilization Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Medical Device Sterilization Market - Industry Life Cycle |
3.4 Latvia Medical Device Sterilization Market - Porter's Five Forces |
3.5 Latvia Medical Device Sterilization Market Revenues & Volume Share, By Product & Service, 2021 & 2031F |
3.6 Latvia Medical Device Sterilization Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Medical Device Sterilization Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sterilized medical devices due to rising healthcare infrastructure in Latvia |
4.2.2 Stringent regulations and standards regarding medical device sterilization |
4.2.3 Growing awareness about the importance of sterilization in preventing healthcare-associated infections |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up sterilization facilities |
4.3.2 Lack of skilled professionals in the field of medical device sterilization |
4.3.3 Limited availability of advanced sterilization technologies in Latvia |
5 Latvia Medical Device Sterilization Market Trends |
6 Latvia Medical Device Sterilization Market Segmentations |
6.1 Latvia Medical Device Sterilization Market, By Product & Service |
6.1.1 Overview and Analysis |
6.1.2 Latvia Medical Device Sterilization Market Revenues & Volume, By Sterilization Instruments, 2021-2031F |
6.1.3 Latvia Medical Device Sterilization Market Revenues & Volume, By Sterilization Services, 2021-2031F |
6.1.4 Latvia Medical Device Sterilization Market Revenues & Volume, By Sterilization Consumables, 2021-2031F |
6.1.5 Latvia Medical Device Sterilization Market Revenues & Volume, By Accessories, 2021-2031F |
6.2 Latvia Medical Device Sterilization Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Medical Device Sterilization Market Revenues & Volume, By Hospitals & Clinics, 2021-2031F |
6.2.3 Latvia Medical Device Sterilization Market Revenues & Volume, By Medical Device Companies, 2021-2031F |
6.2.4 Latvia Medical Device Sterilization Market Revenues & Volume, By Pharmaceutical Companies, 2021-2031F |
6.2.5 Latvia Medical Device Sterilization Market Revenues & Volume, By Food & Beverage Companies, 2021-2031F |
6.2.6 Latvia Medical Device Sterilization Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Medical Device Sterilization Market Import-Export Trade Statistics |
7.1 Latvia Medical Device Sterilization Market Export to Major Countries |
7.2 Latvia Medical Device Sterilization Market Imports from Major Countries |
8 Latvia Medical Device Sterilization Market Key Performance Indicators |
8.1 Percentage of healthcare facilities using sterilized medical devices |
8.2 Compliance rate with sterilization standards and regulations |
8.3 Number of research studies or publications on the impact of medical device sterilization on reducing infections |
9 Latvia Medical Device Sterilization Market - Opportunity Assessment |
9.1 Latvia Medical Device Sterilization Market Opportunity Assessment, By Product & Service, 2021 & 2031F |
9.2 Latvia Medical Device Sterilization Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Medical Device Sterilization Market - Competitive Landscape |
10.1 Latvia Medical Device Sterilization Market Revenue Share, By Companies, 2024 |
10.2 Latvia Medical Device Sterilization Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |