| Product Code: ETC4929433 | 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 |
In 2024, Latvia continued to rely on key trading partners like the Netherlands, Lithuania, and Germany for blood collection devices imports. Despite a slight decline in the Compound Annual Growth Rate (CAGR) from 2020-2024, the market witnessed a significant growth rate of 21.89% from 2023-2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, underscoring the importance of these top exporting countries in meeting Latvia`s demand for blood collection devices. Overall, the industry shows resilience and potential for further growth in the coming years.

By 2027, Latvia's Blood Collection Devices market is forecasted to achieve a stable growth rate of 0.63%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Blood Collection Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Blood Collection Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Blood Collection Devices Market - Industry Life Cycle |
3.4 Latvia Blood Collection Devices Market - Porter's Five Forces |
3.5 Latvia Blood Collection Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Blood Collection Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Blood Collection Devices Market Revenues & Volume Share, By Method, 2021 & 2031F |
3.8 Latvia Blood Collection Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Blood Collection Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases requiring regular blood testing |
4.2.2 Technological advancements in blood collection devices improving efficiency and accuracy |
4.2.3 Growing awareness about the importance of blood donation and blood transfusions |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for blood collection devices |
4.3.2 Limited healthcare infrastructure and resources in certain regions of Latvia |
5 Latvia Blood Collection Devices Market Trends |
6 Latvia Blood Collection Devices Market Segmentations |
6.1 Latvia Blood Collection Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Blood Collection Devices Market Revenues & Volume, By Blood Collection tubes, 2021-2031F |
6.1.3 Latvia Blood Collection Devices Market Revenues & Volume, By System Type, 2021-2031F |
6.1.4 Latvia Blood Collection Devices Market Revenues & Volume, By Needles & Syringes, 2021-2031F |
6.1.5 Latvia Blood Collection Devices Market Revenues & Volume, By Blood Bags, 2021-2031F |
6.1.6 Latvia Blood Collection Devices Market Revenues & Volume, By Blood Collection Systems/Monitors, 2021-2031F |
6.1.7 Latvia Blood Collection Devices Market Revenues & Volume, By Lancets, 2021-2031F |
6.2 Latvia Blood Collection Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Blood Collection Devices Market Revenues & Volume, By Diagnostics, 2021-2031F |
6.2.3 Latvia Blood Collection Devices Market Revenues & Volume, By Therapeutics, 2021-2031F |
6.2.4 Latvia Blood Collection Devices Market Revenues & Volume, By Blood collection devices Market, 2021-2031F |
6.3 Latvia Blood Collection Devices Market, By Method |
6.3.1 Overview and Analysis |
6.3.2 Latvia Blood Collection Devices Market Revenues & Volume, By Manual Blood Collection, 2021-2031F |
6.3.3 Latvia Blood Collection Devices Market Revenues & Volume, By Automated Blood Collection, 2021-2031F |
6.3.4 Latvia Blood Collection Devices Market Revenues & Volume, By Blood collection devices Market, 2021-2031F |
6.4 Latvia Blood Collection Devices Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Blood Collection Devices Market Revenues & Volume, By Hospitals, Ambulatory Surgical Centers, & Nursing Homes, 2021-2031F |
6.4.3 Latvia Blood Collection Devices Market Revenues & Volume, By Diagnostic & Pathology Laboratories, 2021-2031F |
6.4.4 Latvia Blood Collection Devices Market Revenues & Volume, By Blood Banks, 2021-2031F |
6.4.5 Latvia Blood Collection Devices Market Revenues & Volume, By Other End Users, 2021-2031F |
7 Latvia Blood Collection Devices Market Import-Export Trade Statistics |
7.1 Latvia Blood Collection Devices Market Export to Major Countries |
7.2 Latvia Blood Collection Devices Market Imports from Major Countries |
8 Latvia Blood Collection Devices Market Key Performance Indicators |
8.1 Rate of adoption of new blood collection technologies in healthcare facilities |
8.2 Number of blood donation drives and blood collection centers in Latvia |
8.3 Percentage of the population participating in voluntary blood donation campaigns |
9 Latvia Blood Collection Devices Market - Opportunity Assessment |
9.1 Latvia Blood Collection Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Blood Collection Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Blood Collection Devices Market Opportunity Assessment, By Method, 2021 & 2031F |
9.4 Latvia Blood Collection Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Blood Collection Devices Market - Competitive Landscape |
10.1 Latvia Blood Collection Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Blood Collection Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |