| Product Code: ETC4763582 | 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 |
In 2024, Latvia continued to import colostomy bags primarily from Germany, Poland, China, Lithuania, and Italy, with a low concentration level indicated by the Herfindahl-Hirschman Index (HHI). The market witnessed steady growth with a compound annual growth rate (CAGR) of 7.82% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024, recording at -11.37%. Despite the dip in growth rate, the import shipments of colostomy bags to Latvia demonstrate a stable market with diverse sources of supply.

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 Colostomy Bags Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Colostomy Bags Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Colostomy Bags Market - Industry Life Cycle |
3.4 Latvia Colostomy Bags Market - Porter's Five Forces |
3.5 Latvia Colostomy Bags Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Colostomy Bags Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Latvia Colostomy Bags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of colorectal diseases and disorders in Latvia |
4.2.2 Growing awareness about the importance of colostomy care and management |
4.2.3 Technological advancements in colostomy bags leading to better patient outcomes |
4.3 Market Restraints |
4.3.1 Limited reimbursement policies for colostomy bags in Latvia |
4.3.2 Stigma associated with colostomy procedures leading to lower adoption rates |
5 Latvia Colostomy Bags Market Trends |
6 Latvia Colostomy Bags Market Segmentations |
6.1 Latvia Colostomy Bags Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Colostomy Bags Market Revenues & Volume, By Drainable Stoma Bags, 2021-2031F |
6.1.3 Latvia Colostomy Bags Market Revenues & Volume, By Care Accessories, 2021-2031F |
6.2 Latvia Colostomy Bags Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Latvia Colostomy Bags Market Revenues & Volume, By Retail Pharmacies, 2021-2031F |
6.2.3 Latvia Colostomy Bags Market Revenues & Volume, By Hospitals, 2021-2031F |
6.2.4 Latvia Colostomy Bags Market Revenues & Volume, By Outpatient Clinics, 2021-2031F |
6.2.5 Latvia Colostomy Bags Market Revenues & Volume, By Community Healthcare Centers, 2021-2031F |
6.2.6 Latvia Colostomy Bags Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Colostomy Bags Market Import-Export Trade Statistics |
7.1 Latvia Colostomy Bags Market Export to Major Countries |
7.2 Latvia Colostomy Bags Market Imports from Major Countries |
8 Latvia Colostomy Bags Market Key Performance Indicators |
8.1 Average age of onset of colostomy in Latvia |
8.2 Number of healthcare facilities offering colostomy care services |
8.3 Percentage of patients using advanced colostomy bags with innovative features |
9 Latvia Colostomy Bags Market - Opportunity Assessment |
9.1 Latvia Colostomy Bags Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Colostomy Bags Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Latvia Colostomy Bags Market - Competitive Landscape |
10.1 Latvia Colostomy Bags Market Revenue Share, By Companies, 2024 |
10.2 Latvia Colostomy Bags Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |