| Product Code: ETC7906173 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a decrease in growth rate in 2024, Latvia`s import shipments of blood glucose sensor patches continued to be dominated by Estonia, China, Sweden, Germany, and the Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the modest compound annual growth rate (CAGR) from 2020 to 2024 suggests steady but slow expansion. The negative growth rate in 2024 may indicate a temporary setback, but overall, the consistent import flow from key countries highlights the importance of this product in Latvia`s healthcare market.

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 Glucose Sensor Patch Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Blood Glucose Sensor Patch Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Blood Glucose Sensor Patch Market - Industry Life Cycle |
3.4 Latvia Blood Glucose Sensor Patch Market - Porter's Five Forces |
3.5 Latvia Blood Glucose Sensor Patch Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Blood Glucose Sensor Patch Market Revenues & Volume Share, By Wearable Type, 2021 & 2031F |
3.7 Latvia Blood Glucose Sensor Patch Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Blood Glucose Sensor Patch Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
4 Latvia Blood Glucose Sensor Patch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Blood Glucose Sensor Patch Market Trends |
6 Latvia Blood Glucose Sensor Patch Market, By Types |
6.1 Latvia Blood Glucose Sensor Patch Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Blood Glucose Sensor Patch Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Latvia Blood Glucose Sensor Patch Market Revenues & Volume, By Amperometric, 2021- 2031F |
6.1.4 Latvia Blood Glucose Sensor Patch Market Revenues & Volume, By Conductometric, 2021- 2031F |
6.1.5 Latvia Blood Glucose Sensor Patch Market Revenues & Volume, By Potentiometric, 2021- 2031F |
6.2 Latvia Blood Glucose Sensor Patch Market, By Wearable Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Blood Glucose Sensor Patch Market Revenues & Volume, By Wristwear, 2021- 2031F |
6.2.3 Latvia Blood Glucose Sensor Patch Market Revenues & Volume, By Footwear, 2021- 2031F |
6.2.4 Latvia Blood Glucose Sensor Patch Market Revenues & Volume, By Neckwear, 2021- 2031F |
6.2.5 Latvia Blood Glucose Sensor Patch Market Revenues & Volume, By Bodywear, 2021- 2031F |
6.3 Latvia Blood Glucose Sensor Patch Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Blood Glucose Sensor Patch Market Revenues & Volume, By Monitoring, 2021- 2031F |
6.3.3 Latvia Blood Glucose Sensor Patch Market Revenues & Volume, By Diagnostics, 2021- 2031F |
6.3.4 Latvia Blood Glucose Sensor Patch Market Revenues & Volume, By Medical Therapeutics, 2021- 2031F |
6.4 Latvia Blood Glucose Sensor Patch Market, By End User Industry |
6.4.1 Overview and Analysis |
6.4.2 Latvia Blood Glucose Sensor Patch Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.4.3 Latvia Blood Glucose Sensor Patch Market Revenues & Volume, By Fitness and Sports, 2021- 2031F |
7 Latvia Blood Glucose Sensor Patch Market Import-Export Trade Statistics |
7.1 Latvia Blood Glucose Sensor Patch Market Export to Major Countries |
7.2 Latvia Blood Glucose Sensor Patch Market Imports from Major Countries |
8 Latvia Blood Glucose Sensor Patch Market Key Performance Indicators |
9 Latvia Blood Glucose Sensor Patch Market - Opportunity Assessment |
9.1 Latvia Blood Glucose Sensor Patch Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Blood Glucose Sensor Patch Market Opportunity Assessment, By Wearable Type, 2021 & 2031F |
9.3 Latvia Blood Glucose Sensor Patch Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Blood Glucose Sensor Patch Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
10 Latvia Blood Glucose Sensor Patch Market - Competitive Landscape |
10.1 Latvia Blood Glucose Sensor Patch Market Revenue Share, By Companies, 2024 |
10.2 Latvia Blood Glucose Sensor Patch 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.
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