| Product Code: ETC7906970 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
In 2024, Latvia saw steady growth in the import of cardiac prosthetic devices, with top exporters being Germany, Finland, Poland, Switzerland, and the USA. The market concentration, as measured by the HHI, remained moderate, indicating a competitive landscape. Despite a slight dip in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 was a healthy 8.97%, highlighting a sustained demand for cardiac prosthetic devices in Latvia. The diverse mix of exporting countries suggests a robust supply chain supporting Latvia`s healthcare sector.
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 Cardiac Prosthetic Devices Market Overview  | 
3.1 Latvia Country Macro Economic Indicators  | 
3.2 Latvia Cardiac Prosthetic Devices Market Revenues & Volume, 2021 & 2031F  | 
3.3 Latvia Cardiac Prosthetic Devices Market - Industry Life Cycle  | 
3.4 Latvia Cardiac Prosthetic Devices Market - Porter's Five Forces  | 
3.5 Latvia Cardiac Prosthetic Devices Market Revenues & Volume Share, By Product Type, 2021 & 2031F  | 
3.6 Latvia Cardiac Prosthetic Devices Market Revenues & Volume Share, By End-User, 2021 & 2031F  | 
4 Latvia Cardiac Prosthetic Devices Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing prevalence of cardiovascular diseases in Latvia  | 
4.2.2 Technological advancements in cardiac prosthetic devices  | 
4.2.3 Growing healthcare infrastructure and investments in Latvia  | 
4.3 Market Restraints  | 
4.3.1 High cost associated with cardiac prosthetic devices  | 
4.3.2 Stringent regulatory requirements for approval of cardiac prosthetic devices in Latvia  | 
5 Latvia Cardiac Prosthetic Devices Market Trends  | 
6 Latvia Cardiac Prosthetic Devices Market, By Types  | 
6.1 Latvia Cardiac Prosthetic Devices Market, By Product Type  | 
6.1.1 Overview and Analysis  | 
6.1.2 Latvia Cardiac Prosthetic Devices Market Revenues & Volume, By Product Type, 2021- 2031F  | 
6.1.3 Latvia Cardiac Prosthetic Devices Market Revenues & Volume, By Valves, 2021- 2031F  | 
6.1.4 Latvia Cardiac Prosthetic Devices Market Revenues & Volume, By Implantable Pacemakers, 2021- 2031F  | 
6.1.5 Latvia Cardiac Prosthetic Devices Market Revenues & Volume, By External Pacemakers, 2021- 2031F  | 
6.1.6 Latvia Cardiac Prosthetic Devices Market Revenues & Volume, By Pacemakers, 2021- 2031F  | 
6.1.7 Latvia Cardiac Prosthetic Devices Market Revenues & Volume, By Others, 2021- 2031F  | 
6.2 Latvia Cardiac Prosthetic Devices Market, By End-User  | 
6.2.1 Overview and Analysis  | 
6.2.2 Latvia Cardiac Prosthetic Devices Market Revenues & Volume, By Hospitals, 2021- 2031F  | 
6.2.3 Latvia Cardiac Prosthetic Devices Market Revenues & Volume, By Clinics and Cardiac Centers, 2021- 2031F  | 
6.2.4 Latvia Cardiac Prosthetic Devices Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F  | 
6.2.5 Latvia Cardiac Prosthetic Devices Market Revenues & Volume, By Others, 2021- 2031F  | 
7 Latvia Cardiac Prosthetic Devices Market Import-Export Trade Statistics  | 
7.1 Latvia Cardiac Prosthetic Devices Market Export to Major Countries  | 
7.2 Latvia Cardiac Prosthetic Devices Market Imports from Major Countries  | 
8 Latvia Cardiac Prosthetic Devices Market Key Performance Indicators  | 
8.1 Average waiting time for cardiac prosthetic device procedures in Latvia  | 
8.2 Number of healthcare facilities offering cardiac prosthetic devices in Latvia  | 
8.3 Patient satisfaction scores related to cardiac prosthetic device treatments in Latvia  | 
9 Latvia Cardiac Prosthetic Devices Market - Opportunity Assessment  | 
9.1 Latvia Cardiac Prosthetic Devices Market Opportunity Assessment, By Product Type, 2021 & 2031F  | 
9.2 Latvia Cardiac Prosthetic Devices Market Opportunity Assessment, By End-User, 2021 & 2031F  | 
10 Latvia Cardiac Prosthetic Devices Market - Competitive Landscape  | 
10.1 Latvia Cardiac Prosthetic Devices Market Revenue Share, By Companies, 2024  | 
10.2 Latvia Cardiac Prosthetic Devices Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 
13 Disclaimer  |