| Product Code: ETC7906188 | 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 |
The Latvia market for blood pressure monitoring devices saw a decline in imports from top exporting countries such as Netherlands, Germany, Lithuania, Estonia, and Switzerland in 2024. Despite a high HHI concentration, the CAGR for 2020-2024 was -8.56%, with a further decline in growth rate from 2023 to 2024 at -9.17%. This trend suggests a challenging landscape for blood pressure monitoring device imports in Latvia, possibly indicating shifting market dynamics or evolving consumer preferences in the healthcare sector. Further analysis is recommended to understand the underlying factors driving this downward trend.

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 Pressure Monitoring Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Blood Pressure Monitoring Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Blood Pressure Monitoring Devices Market - Industry Life Cycle |
3.4 Latvia Blood Pressure Monitoring Devices Market - Porter's Five Forces |
3.5 Latvia Blood Pressure Monitoring Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Blood Pressure Monitoring Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Blood Pressure Monitoring Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of hypertension and cardiovascular diseases in Latvia |
4.2.2 Growing awareness about the importance of regular blood pressure monitoring for early detection and management of health conditions |
4.2.3 Technological advancements in blood pressure monitoring devices leading to the introduction of innovative products |
4.3 Market Restraints |
4.3.1 High cost associated with advanced blood pressure monitoring devices |
4.3.2 Limited reimbursement policies for blood pressure monitoring devices in Latvia |
5 Latvia Blood Pressure Monitoring Devices Market Trends |
6 Latvia Blood Pressure Monitoring Devices Market, By Types |
6.1 Latvia Blood Pressure Monitoring Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Blood Pressure Monitoring Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Blood Pressure Monitoring Devices Market Revenues & Volume, By Sphygmomanometer/Aneroid BP Monitor, 2021- 2031F |
6.1.4 Latvia Blood Pressure Monitoring Devices Market Revenues & Volume, By Automated/Digital Blood Pressure Monitor, 2021- 2031F |
6.1.5 Latvia Blood Pressure Monitoring Devices Market Revenues & Volume, By Instrument Accessories, 2021- 2031F |
6.2 Latvia Blood Pressure Monitoring Devices Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Blood Pressure Monitoring Devices Market Revenues & Volume, By Hospitals and Clinics, 2021- 2031F |
6.2.3 Latvia Blood Pressure Monitoring Devices Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.2.4 Latvia Blood Pressure Monitoring Devices Market Revenues & Volume, By Home Setting, 2021- 2031F |
7 Latvia Blood Pressure Monitoring Devices Market Import-Export Trade Statistics |
7.1 Latvia Blood Pressure Monitoring Devices Market Export to Major Countries |
7.2 Latvia Blood Pressure Monitoring Devices Market Imports from Major Countries |
8 Latvia Blood Pressure Monitoring Devices Market Key Performance Indicators |
8.1 Adoption rate of advanced blood pressure monitoring devices among healthcare facilities in Latvia |
8.2 Patient compliance rate with blood pressure monitoring recommendations |
8.3 Number of healthcare campaigns or initiatives promoting regular blood pressure monitoring in Latvia. |
9 Latvia Blood Pressure Monitoring Devices Market - Opportunity Assessment |
9.1 Latvia Blood Pressure Monitoring Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Blood Pressure Monitoring Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Blood Pressure Monitoring Devices Market - Competitive Landscape |
10.1 Latvia Blood Pressure Monitoring Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Blood Pressure Monitoring Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |