| Product Code: ETC7908474 | 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 continuous passive motion devices to Latvia in 2024 saw a shift in concentration levels, moving from moderate to low concentration according to the Herfindahl-Hirschman Index (HHI). Top exporting countries such as China, Netherlands, Germany, Finland, and Lithuania contributed significantly to the market. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remained positive at 3.84%. This indicates a stable market with potential for further development and diversification in the coming years.

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 Continuous Passive Motion Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Continuous Passive Motion Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Continuous Passive Motion Devices Market - Industry Life Cycle |
3.4 Latvia Continuous Passive Motion Devices Market - Porter's Five Forces |
3.5 Latvia Continuous Passive Motion Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Continuous Passive Motion Devices Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.7 Latvia Continuous Passive Motion Devices Market Revenues & Volume Share, By Demographics, 2021 & 2031F |
4 Latvia Continuous Passive Motion Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of musculoskeletal disorders and injuries in Latvia |
4.2.2 Growing awareness about the benefits of continuous passive motion therapy |
4.2.3 Technological advancements leading to the development of more efficient and user-friendly devices |
4.3 Market Restraints |
4.3.1 High cost associated with continuous passive motion devices |
4.3.2 Limited reimbursement policies for such devices in Latvia |
4.3.3 Lack of skilled healthcare professionals trained in operating continuous passive motion devices |
5 Latvia Continuous Passive Motion Devices Market Trends |
6 Latvia Continuous Passive Motion Devices Market, By Types |
6.1 Latvia Continuous Passive Motion Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Continuous Passive Motion Devices Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Continuous Passive Motion Devices Market Revenues & Volume, By Knee joint CPM Devices, 2021- 2031F |
6.1.4 Latvia Continuous Passive Motion Devices Market Revenues & Volume, By Shoulder joint CPM Devices, 2021- 2031F |
6.1.5 Latvia Continuous Passive Motion Devices Market Revenues & Volume, By Hip joint CPM Devices, 2021- 2031F |
6.1.6 Latvia Continuous Passive Motion Devices Market Revenues & Volume, By Ankle joint CPM Devices, 2021- 2031F |
6.1.7 Latvia Continuous Passive Motion Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Continuous Passive Motion Devices Market, By Design |
6.2.1 Overview and Analysis |
6.2.2 Latvia Continuous Passive Motion Devices Market Revenues & Volume, By Portable Devices, 2021- 2031F |
6.2.3 Latvia Continuous Passive Motion Devices Market Revenues & Volume, By Fixed Devices, 2021- 2031F |
6.3 Latvia Continuous Passive Motion Devices Market, By Demographics |
6.3.1 Overview and Analysis |
6.3.2 Latvia Continuous Passive Motion Devices Market Revenues & Volume, By Children (Below 18), 2021- 2031F |
6.3.3 Latvia Continuous Passive Motion Devices Market Revenues & Volume, By Adult (18 and above), 2021- 2031F |
7 Latvia Continuous Passive Motion Devices Market Import-Export Trade Statistics |
7.1 Latvia Continuous Passive Motion Devices Market Export to Major Countries |
7.2 Latvia Continuous Passive Motion Devices Market Imports from Major Countries |
8 Latvia Continuous Passive Motion Devices Market Key Performance Indicators |
8.1 Patient adherence rate to continuous passive motion therapy |
8.2 Average time to recovery for patients using continuous passive motion devices |
8.3 Number of healthcare facilities offering continuous passive motion therapy |
8.4 Rate of adoption of continuous passive motion devices by healthcare providers |
8.5 Patient satisfaction levels with continuous passive motion therapy |
9 Latvia Continuous Passive Motion Devices Market - Opportunity Assessment |
9.1 Latvia Continuous Passive Motion Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Continuous Passive Motion Devices Market Opportunity Assessment, By Design, 2021 & 2031F |
9.3 Latvia Continuous Passive Motion Devices Market Opportunity Assessment, By Demographics, 2021 & 2031F |
10 Latvia Continuous Passive Motion Devices Market - Competitive Landscape |
10.1 Latvia Continuous Passive Motion Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Continuous Passive Motion 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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