| Product Code: ETC10738933 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Despite a slight decrease in growth rate from 2023 to 2024, the Latvia bone cement & casting materials import market continues to show strong overall growth with a notable CAGR of 18.49% from 2020 to 2024. The top exporting countries to Latvia - Belgium, Ireland, Germany, Netherlands, and Poland - play a significant role in supplying these essential materials. The high concentration levels in the market, as indicated by the HHI, suggest a competitive landscape that may present opportunities for further market expansion and diversification in the coming years.

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 Bone Cement & Casting Materials Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bone Cement & Casting Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bone Cement & Casting Materials Market - Industry Life Cycle |
3.4 Latvia Bone Cement & Casting Materials Market - Porter's Five Forces |
3.5 Latvia Bone Cement & Casting Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Bone Cement & Casting Materials Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Bone Cement & Casting Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Bone Cement & Casting Materials Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Bone Cement & Casting Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of osteoporosis and bone-related diseases in Latvia |
4.2.2 Growing geriatric population in Latvia requiring orthopedic treatments |
4.2.3 Advancements in medical technology leading to the development of innovative bone cement and casting materials |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for the approval of bone cement and casting materials |
4.3.2 Limited reimbursement policies for orthopedic procedures in Latvia |
4.3.3 High cost associated with bone cement and casting materials impacting affordability |
5 Latvia Bone Cement & Casting Materials Market Trends |
6 Latvia Bone Cement & Casting Materials Market, By Types |
6.1 Latvia Bone Cement & Casting Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Polymethyl Methacrylate (PMMA), 2021 - 2031F |
6.1.4 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Calcium Phosphate Cement, 2021 - 2031F |
6.1.5 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Hybrid Cement, 2021 - 2031F |
6.1.6 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Casting Tapes, 2021 - 2031F |
6.1.7 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Bone Cement & Casting Materials Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.2.3 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Calcium-Based, 2021 - 2031F |
6.2.4 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Biodegradable, 2021 - 2031F |
6.2.5 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Fiberglass, 2021 - 2031F |
6.2.6 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Latvia Bone Cement & Casting Materials Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Joint Fixation, 2021 - 2031F |
6.3.3 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Spinal Procedures, 2021 - 2031F |
6.3.4 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Trauma Surgeries, 2021 - 2031F |
6.3.5 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Fracture Treatment, 2021 - 2031F |
6.3.6 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Latvia Bone Cement & Casting Materials Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.4.3 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Clinics, 2021 - 2031F |
6.4.4 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Ambulatory Centers, 2021 - 2031F |
6.4.5 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Research Institutes, 2021 - 2031F |
6.4.6 Latvia Bone Cement & Casting Materials Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Bone Cement & Casting Materials Market Import-Export Trade Statistics |
7.1 Latvia Bone Cement & Casting Materials Market Export to Major Countries |
7.2 Latvia Bone Cement & Casting Materials Market Imports from Major Countries |
8 Latvia Bone Cement & Casting Materials Market Key Performance Indicators |
8.1 Average cost per procedure using bone cement and casting materials |
8.2 Adoption rate of new bone cement and casting material technologies in Latvia |
8.3 Number of orthopedic surgeries performed using bone cement and casting materials |
8.4 Rate of complications or revisions associated with the use of bone cement and casting materials |
9 Latvia Bone Cement & Casting Materials Market - Opportunity Assessment |
9.1 Latvia Bone Cement & Casting Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Bone Cement & Casting Materials Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Bone Cement & Casting Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Bone Cement & Casting Materials Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Bone Cement & Casting Materials Market - Competitive Landscape |
10.1 Latvia Bone Cement & Casting Materials Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bone Cement & Casting Materials 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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