| Product Code: ETC7906284 | 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 |
In 2024, Latvia continued to rely on imports of bone densitometer devices, with top exporters being Israel, Netherlands, Germany, Bulgaria, and the USA. High Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was -8.21%, with a significant decline in growth rate from 2023 to 2024 at -40.73%. This data suggests a challenging market environment for bone densitometer device imports in Latvia, possibly influenced by various factors impacting the healthcare industry.

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 Densitometer Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Bone Densitometer Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Bone Densitometer Devices Market - Industry Life Cycle |
3.4 Latvia Bone Densitometer Devices Market - Porter's Five Forces |
3.5 Latvia Bone Densitometer Devices Market Revenues & Volume Share, By Speciality, 2021 & 2031F |
3.6 Latvia Bone Densitometer Devices Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.7 Latvia Bone Densitometer Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Bone Densitometer Devices Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Latvia Bone Densitometer Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of osteoporosis and bone-related disorders in Latvia |
4.2.2 Growing awareness about early diagnosis and prevention of bone diseases |
4.2.3 Technological advancements in bone densitometer devices improving accuracy and efficiency |
4.3 Market Restraints |
4.3.1 High cost associated with bone densitometer devices leading to limited adoption |
4.3.2 Lack of skilled healthcare professionals for operating and interpreting results from the devices |
4.3.3 Reimbursement challenges and regulatory hurdles impacting market growth |
5 Latvia Bone Densitometer Devices Market Trends |
6 Latvia Bone Densitometer Devices Market, By Types |
6.1 Latvia Bone Densitometer Devices Market, By Speciality |
6.1.1 Overview and Analysis |
6.1.2 Latvia Bone Densitometer Devices Market Revenues & Volume, By Speciality, 2021- 2031F |
6.1.3 Latvia Bone Densitometer Devices Market Revenues & Volume, By Cardiology, 2021- 2031F |
6.1.4 Latvia Bone Densitometer Devices Market Revenues & Volume, By Dermatology, 2021- 2031F |
6.1.5 Latvia Bone Densitometer Devices Market Revenues & Volume, By Neurology, 2021- 2031F |
6.1.6 Latvia Bone Densitometer Devices Market Revenues & Volume, By Orthopedics, 2021- 2031F |
6.1.7 Latvia Bone Densitometer Devices Market Revenues & Volume, By Emergency Care, 2021- 2031F |
6.1.8 Latvia Bone Densitometer Devices Market Revenues & Volume, By Gynecology, 2021- 2031F |
6.2 Latvia Bone Densitometer Devices Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 Latvia Bone Densitometer Devices Market Revenues & Volume, By Tele-Consultation, 2021- 2031F |
6.2.3 Latvia Bone Densitometer Devices Market Revenues & Volume, By Tele-Monitoring, 2021- 2031F |
6.2.4 Latvia Bone Densitometer Devices Market Revenues & Volume, By Tele-Education, 2021- 2031F |
6.2.5 Latvia Bone Densitometer Devices Market Revenues & Volume, By Tele-Surgery, 2021- 2031F |
6.2.6 Latvia Bone Densitometer Devices Market Revenues & Volume, By Tele-Training, 2021- 2031F |
6.3 Latvia Bone Densitometer Devices Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Bone Densitometer Devices Market Revenues & Volume, By Central Scan, 2021- 2031F |
6.3.3 Latvia Bone Densitometer Devices Market Revenues & Volume, By Peripheral Scan, 2021- 2031F |
6.4 Latvia Bone Densitometer Devices Market, By End Users |
6.4.1 Overview and Analysis |
6.4.2 Latvia Bone Densitometer Devices Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.4.3 Latvia Bone Densitometer Devices Market Revenues & Volume, By Clinics, 2021- 2031F |
7 Latvia Bone Densitometer Devices Market Import-Export Trade Statistics |
7.1 Latvia Bone Densitometer Devices Market Export to Major Countries |
7.2 Latvia Bone Densitometer Devices Market Imports from Major Countries |
8 Latvia Bone Densitometer Devices Market Key Performance Indicators |
8.1 Average waiting time for bone densitometry tests in healthcare facilities |
8.2 Number of healthcare facilities offering bone densitometry services |
8.3 Percentage of population screened for osteoporosis using bone densitometer devices |
8.4 Adoption rate of portable or handheld bone densitometer devices in clinics and hospitals |
8.5 Patient satisfaction scores related to bone densitometry services and reports |
9 Latvia Bone Densitometer Devices Market - Opportunity Assessment |
9.1 Latvia Bone Densitometer Devices Market Opportunity Assessment, By Speciality, 2021 & 2031F |
9.2 Latvia Bone Densitometer Devices Market Opportunity Assessment, By Service, 2021 & 2031F |
9.3 Latvia Bone Densitometer Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Bone Densitometer Devices Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Latvia Bone Densitometer Devices Market - Competitive Landscape |
10.1 Latvia Bone Densitometer Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Bone Densitometer Devices 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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