| Product Code: ETC7906787 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of canes and crutches to Latvia in 2024 continued to see a high level of concentration, with top exporting countries being Poland, Lithuania, Germany, Netherlands, and Estonia. The Herfindahl-Hirschman Index (HHI) indicating market concentration was already high in 2023 and further increased to very high levels in 2024. The industry experienced a significant decline in growth, with a negative Compound Annual Growth Rate (CAGR) of -10.34% from 2020 to 2024, and a sharp decrease in growth rate of -62.8% from 2023 to 2024. These trends suggest a challenging market environment for canes and crutches importers in Latvia.

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 Canes and Crutches Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Canes and Crutches Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Canes and Crutches Market - Industry Life Cycle |
3.4 Latvia Canes and Crutches Market - Porter's Five Forces |
3.5 Latvia Canes and Crutches Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Canes and Crutches Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Canes and Crutches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases and disabilities in Latvia |
4.2.2 Growing elderly population in Latvia |
4.2.3 Technological advancements leading to the development of innovative canes and crutches |
4.3 Market Restraints |
4.3.1 High cost associated with advanced canes and crutches |
4.3.2 Limited awareness about the benefits of using canes and crutches among the general population in Latvia |
5 Latvia Canes and Crutches Market Trends |
6 Latvia Canes and Crutches Market, By Types |
6.1 Latvia Canes and Crutches Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Canes and Crutches Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Canes and Crutches Market Revenues & Volume, By Canes, 2021- 2031F |
6.1.4 Latvia Canes and Crutches Market Revenues & Volume, By Folding Canes, 2021- 2031F |
6.1.5 Latvia Canes and Crutches Market Revenues & Volume, By Quad Canes, 2021- 2031F |
6.1.6 Latvia Canes and Crutches Market Revenues & Volume, By Offset Canes, 2021- 2031F |
6.1.7 Latvia Canes and Crutches Market Revenues & Volume, By Crutches, 2021- 2031F |
6.1.8 Latvia Canes and Crutches Market Revenues & Volume, By Axillary Crutches, 2021- 2031F |
6.2 Latvia Canes and Crutches Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Canes and Crutches Market Revenues & Volume, By Hospital Pharmacies, 2021- 2031F |
6.2.3 Latvia Canes and Crutches Market Revenues & Volume, By Medical Retail Stores, 2021- 2031F |
6.2.4 Latvia Canes and Crutches Market Revenues & Volume, By online Stores, 2021- 2031F |
7 Latvia Canes and Crutches Market Import-Export Trade Statistics |
7.1 Latvia Canes and Crutches Market Export to Major Countries |
7.2 Latvia Canes and Crutches Market Imports from Major Countries |
8 Latvia Canes and Crutches Market Key Performance Indicators |
8.1 Average age of the population using canes and crutches |
8.2 Number of healthcare facilities providing recommendations for canes and crutches |
8.3 Percentage of healthcare professionals recommending the use of canes and crutches |
9 Latvia Canes and Crutches Market - Opportunity Assessment |
9.1 Latvia Canes and Crutches Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Canes and Crutches Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Canes and Crutches Market - Competitive Landscape |
10.1 Latvia Canes and Crutches Market Revenue Share, By Companies, 2024 |
10.2 Latvia Canes and Crutches Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |