| 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 |
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.

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 |