| Product Code: ETC4732593 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s cannula import market in 2024 saw significant contributions from the Netherlands, Lithuania, Germany, Belgium, and Estonia. Despite a negative compound annual growth rate (CAGR) of -0.79% from 2020 to 2024, there was a notable growth spurt with a 21.4% increase from 2023 to 2024. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained high, suggesting that these top exporting countries continue to dominate the Latvian cannula import landscape. This data highlights the key players and dynamics shaping the industry in Latvia.

By 2027, the Cannula market in Latvia is anticipated to reach a growth rate of 3.76%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Cannula Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cannula Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cannula Market - Industry Life Cycle |
3.4 Latvia Cannula Market - Porter's Five Forces |
3.5 Latvia Cannula Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Cannula Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Cannula Market Revenues & Volume Share, By Patient, 2021 & 2031F |
3.8 Latvia Cannula Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Cannula Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases requiring medical interventions involving cannulas |
4.2.2 Technological advancements leading to the development of more efficient and safer cannulas |
4.2.3 Growing geriatric population in Latvia requiring healthcare services including the use of cannulas |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for the approval of medical devices like cannulas |
4.3.2 Limited awareness and adoption of advanced cannula products in the Latvian healthcare sector |
4.3.3 Pricing pressures and cost constraints faced by healthcare facilities in purchasing cannulas |
5 Latvia Cannula Market Trends |
6 Latvia Cannula Market Segmentations |
6.1 Latvia Cannula Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cannula Market Revenues & Volume, By Nasal cannula, 2021-2031F |
6.1.3 Latvia Cannula Market Revenues & Volume, By Straight cannula, 2021-2031F |
6.1.4 Latvia Cannula Market Revenues & Volume, By Winged cannula, 2021-2031F |
6.1.5 Latvia Cannula Market Revenues & Volume, By Cannulas with wings and ports, 2021-2031F |
6.1.6 Latvia Cannula Market Revenues & Volume, By Cannulas with integrated stop cock, 2021-2031F |
6.1.7 Latvia Cannula Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Cannula Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cannula Market Revenues & Volume, By Plastic, 2021-2031F |
6.2.3 Latvia Cannula Market Revenues & Volume, By Silicone, 2021-2031F |
6.2.4 Latvia Cannula Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Cannula Market, By Patient |
6.3.1 Overview and Analysis |
6.3.2 Latvia Cannula Market Revenues & Volume, By Adult, 2021-2031F |
6.3.3 Latvia Cannula Market Revenues & Volume, By Pediatric, 2021-2031F |
6.4 Latvia Cannula Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Cannula Market Revenues & Volume, By Hospitals, 2021-2031F |
6.4.3 Latvia Cannula Market Revenues & Volume, By Ambulatory surgical centers, 2021-2031F |
6.4.4 Latvia Cannula Market Revenues & Volume, By Diagnostic laboratories, 2021-2031F |
6.4.5 Latvia Cannula Market Revenues & Volume, By Clinics, 2021-2031F |
6.4.6 Latvia Cannula Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Cannula Market Import-Export Trade Statistics |
7.1 Latvia Cannula Market Export to Major Countries |
7.2 Latvia Cannula Market Imports from Major Countries |
8 Latvia Cannula Market Key Performance Indicators |
8.1 Adoption rate of advanced cannula technologies in Latvian healthcare facilities |
8.2 Rate of increase in the number of medical procedures involving cannulas in Latvia |
8.3 Average utilization of cannulas per patient in healthcare settings |
9 Latvia Cannula Market - Opportunity Assessment |
9.1 Latvia Cannula Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Cannula Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Cannula Market Opportunity Assessment, By Patient, 2021 & 2031F |
9.4 Latvia Cannula Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Cannula Market - Competitive Landscape |
10.1 Latvia Cannula Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cannula Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |