| Product Code: ETC7136027 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Estonia saw a shift in lower extremity devices import sources, with Switzerland, USA, Mexico, Germany, and Metropolitan France emerging as the top exporting countries. The market concentration, as measured by the HHI, decreased from high to moderate levels, indicating a more diversified import market. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period remained strong at 7.86%. This data suggests a dynamic and evolving market for lower extremity devices in Estonia, with opportunities for continued growth and market expansion.

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 Estonia Lower Extremity Devices Market Overview |
3.1 Estonia Country Macro Economic Indicators |
3.2 Estonia Lower Extremity Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Estonia Lower Extremity Devices Market - Industry Life Cycle |
3.4 Estonia Lower Extremity Devices Market - Porter's Five Forces |
3.5 Estonia Lower Extremity Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Estonia Lower Extremity Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Estonia Lower Extremity Devices Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
4 Estonia Lower Extremity Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases such as diabetes and obesity leading to higher demand for lower extremity devices. |
4.2.2 Technological advancements in lower extremity devices improving product effectiveness and patient outcomes. |
4.2.3 Growing geriatric population in Estonia driving the need for lower extremity devices. |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for medical devices in Estonia may hinder market entry for new products. |
4.3.2 Limited reimbursement policies for lower extremity devices impacting affordability for patients. |
5 Estonia Lower Extremity Devices Market Trends |
6 Estonia Lower Extremity Devices Market, By Types |
6.1 Estonia Lower Extremity Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Estonia Lower Extremity Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Estonia Lower Extremity Devices Market Revenues & Volume, By Knee orthotics, 2021- 2031F |
6.1.4 Estonia Lower Extremity Devices Market Revenues & Volume, By Foot and ankle orthotics, 2021- 2031F |
6.1.5 Estonia Lower Extremity Devices Market Revenues & Volume, By Hip orthotics, 2021- 2031F |
6.2 Estonia Lower Extremity Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Estonia Lower Extremity Devices Market Revenues & Volume, By Trauma and fractures, 2021- 2031F |
6.2.3 Estonia Lower Extremity Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Estonia Lower Extremity Devices Market, By Distribution channel |
6.3.1 Overview and Analysis |
6.3.2 Estonia Lower Extremity Devices Market Revenues & Volume, By Hospitals and surgical centers, 2021- 2031F |
6.3.3 Estonia Lower Extremity Devices Market Revenues & Volume, By Retail pharmacies, 2021- 2031F |
7 Estonia Lower Extremity Devices Market Import-Export Trade Statistics |
7.1 Estonia Lower Extremity Devices Market Export to Major Countries |
7.2 Estonia Lower Extremity Devices Market Imports from Major Countries |
8 Estonia Lower Extremity Devices Market Key Performance Indicators |
8.1 Average waiting time for lower extremity devices approval by regulatory authorities in Estonia. |
8.2 Adoption rate of new lower extremity devices in clinical settings. |
8.3 Patient satisfaction and outcomes post-usage of lower extremity devices. |
9 Estonia Lower Extremity Devices Market - Opportunity Assessment |
9.1 Estonia Lower Extremity Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Estonia Lower Extremity Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Estonia Lower Extremity Devices Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
10 Estonia Lower Extremity Devices Market - Competitive Landscape |
10.1 Estonia Lower Extremity Devices Market Revenue Share, By Companies, 2024 |
10.2 Estonia Lower Extremity Devices 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.
To discover high-growth global markets and optimize your business strategy:
Click Here