Latvia Biologics Market (2025-2031) | Forecast, Value, Outlook, Growth, Size, Industry, Trends, Segmentation, Companies, Analysis, Revenue & Share

Market Forecast By Source (Microbial, Mammalian, Others), By Product Type (Monoclonal Antibodies, Vaccines, Recombinant Proteins, Antisense, RNAi, & Molecular Therapy, Others), By Disease‚ Category (Oncology, Infectious Diseases, Immunological Disorders, Cardiovascular Disorders, Hematological Disorders, Others), By Biologics Manufacturing (Outsourced, In-house) And Competitive Landscape
Product Code: ETC5821312 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Latvia Biologics Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia`s biologics import market continued to show strong growth with a high concentration of imports from top countries such as Metropolitan France, Germany, Lithuania, Poland, and the USA. Despite a slight decline in the growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remained impressive at 43.42%. The high Herfindahl-Hirschman Index (HHI) indicates a significant level of market concentration, highlighting the dominance of key exporters in supplying biologics to Latvia.

Latvia Biologics Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Latvia Biologics Market Outlook
  • Market Size of Latvia Biologics Market, 2024
  • Forecast of Latvia Biologics Market, 2031
  • Historical Data and Forecast of Latvia Biologics Revenues & Volume for the Period 2021-2031
  • Latvia Biologics Market Trend Evolution
  • Latvia Biologics Market Drivers and Challenges
  • Latvia Biologics Price Trends
  • Latvia Biologics Porter`s Five Forces
  • Latvia Biologics Industry Life Cycle
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Source for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Microbial for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Mammalian for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Monoclonal Antibodies for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Vaccines for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Recombinant Proteins for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Antisense, RNAi, & Molecular Therapy for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Disease? Category for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Oncology for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Infectious Diseases for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Immunological Disorders for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Cardiovascular Disorders for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Hematological Disorders for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Biologics Manufacturing for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By Outsourced for the Period 2021-2031
  • Historical Data and Forecast of Latvia Biologics Market Revenues & Volume By In-house for the Period 2021-2031
  • Latvia Biologics Import Export Trade Statistics
  • Market Opportunity Assessment By Source
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Disease? Category
  • Market Opportunity Assessment By Biologics Manufacturing
  • Latvia Biologics Top Companies Market Share
  • Latvia Biologics Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Biologics Company Profiles
  • Latvia Biologics Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Biologics Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Biologics Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Biologics Market - Industry Life Cycle

3.4 Latvia Biologics Market - Porter's Five Forces

3.5 Latvia Biologics Market Revenues & Volume Share, By Source, 2021 & 2031F

3.6 Latvia Biologics Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.7 Latvia Biologics Market Revenues & Volume Share, By Disease? Category, 2021 & 2031F

3.8 Latvia Biologics Market Revenues & Volume Share, By Biologics Manufacturing, 2021 & 2031F

4 Latvia Biologics Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing prevalence of chronic diseases requiring biologic treatments

4.2.2 Growing adoption of biologics in Latvia's healthcare system

4.2.3 Technological advancements leading to the development of innovative biologic therapies

4.3 Market Restraints

4.3.1 Stringent regulatory requirements for biologics approval and market access

4.3.2 High costs associated with biologic therapies

4.3.3 Limited reimbursement coverage for biologics in healthcare systems

5 Latvia Biologics Market Trends

6 Latvia Biologics Market Segmentations

6.1 Latvia Biologics Market, By Source

6.1.1 Overview and Analysis

6.1.2 Latvia Biologics Market Revenues & Volume, By Microbial, 2021-2031F

6.1.3 Latvia Biologics Market Revenues & Volume, By Mammalian, 2021-2031F

6.1.4 Latvia Biologics Market Revenues & Volume, By Others, 2021-2031F

6.2 Latvia Biologics Market, By Product Type

6.2.1 Overview and Analysis

6.2.2 Latvia Biologics Market Revenues & Volume, By Monoclonal Antibodies, 2021-2031F

6.2.3 Latvia Biologics Market Revenues & Volume, By Vaccines, 2021-2031F

6.2.4 Latvia Biologics Market Revenues & Volume, By Recombinant Proteins, 2021-2031F

6.2.5 Latvia Biologics Market Revenues & Volume, By Antisense, RNAi, & Molecular Therapy, 2021-2031F

6.2.6 Latvia Biologics Market Revenues & Volume, By Others, 2021-2031F

6.3 Latvia Biologics Market, By Disease? Category

6.3.1 Overview and Analysis

6.3.2 Latvia Biologics Market Revenues & Volume, By Oncology, 2021-2031F

6.3.3 Latvia Biologics Market Revenues & Volume, By Infectious Diseases, 2021-2031F

6.3.4 Latvia Biologics Market Revenues & Volume, By Immunological Disorders, 2021-2031F

6.3.5 Latvia Biologics Market Revenues & Volume, By Cardiovascular Disorders, 2021-2031F

6.3.6 Latvia Biologics Market Revenues & Volume, By Hematological Disorders, 2021-2031F

6.3.7 Latvia Biologics Market Revenues & Volume, By Others, 2021-2031F

6.4 Latvia Biologics Market, By Biologics Manufacturing

6.4.1 Overview and Analysis

6.4.2 Latvia Biologics Market Revenues & Volume, By Outsourced, 2021-2031F

6.4.3 Latvia Biologics Market Revenues & Volume, By In-house, 2021-2031F

7 Latvia Biologics Market Import-Export Trade Statistics

7.1 Latvia Biologics Market Export to Major Countries

7.2 Latvia Biologics Market Imports from Major Countries

8 Latvia Biologics Market Key Performance Indicators

8.1 Number of clinical trials for biologic therapies conducted in Latvia

8.2 Adoption rate of biologics in different therapeutic areas

8.3 Investment in research and development of biologic drugs

8.4 Patient adherence and persistence rates for biologic treatments

8.5 Number of healthcare facilities offering biologic therapies

9 Latvia Biologics Market - Opportunity Assessment

9.1 Latvia Biologics Market Opportunity Assessment, By Source, 2021 & 2031F

9.2 Latvia Biologics Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.3 Latvia Biologics Market Opportunity Assessment, By Disease? Category, 2021 & 2031F

9.4 Latvia Biologics Market Opportunity Assessment, By Biologics Manufacturing, 2021 & 2031F

10 Latvia Biologics Market - Competitive Landscape

10.1 Latvia Biologics Market Revenue Share, By Companies, 2024

10.2 Latvia Biologics Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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