| Product Code: ETC7908975 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of cyclotrons to Latvia in 2024 saw a significant shift in top exporting countries, with Germany, Netherlands, Estonia, Austria, and Metropolitan France leading the way. Despite a decrease in growth rate from 2023, the compound annual growth rate (CAGR) for 2020-2024 remained strong at 15.89%. The Herfindahl-Hirschman Index (HHI) indicated a transition from very high concentration in 2023 to high concentration in 2024, reflecting a dynamic market landscape for cyclotron imports 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 Cyclotron Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cyclotron Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cyclotron Market - Industry Life Cycle |
3.4 Latvia Cyclotron Market - Porter's Five Forces |
3.5 Latvia Cyclotron Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Cyclotron Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Latvia Cyclotron Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced medical imaging technologies |
4.2.2 Growing focus on research and development in healthcare sector |
4.2.3 Government initiatives to promote nuclear medicine for diagnosis and treatment |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up cyclotron facilities |
4.3.2 Limited availability of skilled professionals in the field of nuclear medicine |
4.3.3 Stringent regulatory requirements for operation and maintenance of cyclotron systems |
5 Latvia Cyclotron Market Trends |
6 Latvia Cyclotron Market, By Types |
6.1 Latvia Cyclotron Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cyclotron Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Latvia Cyclotron Market Revenues & Volume, By Medical, 2021- 2031F |
6.1.4 Latvia Cyclotron Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2 Latvia Cyclotron Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cyclotron Market Revenues & Volume, By Cyclotron 5-12 MeV, 2021- 2031F |
6.2.3 Latvia Cyclotron Market Revenues & Volume, By Cyclotron 16-18 MeV, 2021- 2031F |
6.2.4 Latvia Cyclotron Market Revenues & Volume, By Cyclotron 19-24 MeV, 2021- 2031F |
6.2.5 Latvia Cyclotron Market Revenues & Volume, By Cyclotron 24 MeV & Above, 2021- 2031F |
7 Latvia Cyclotron Market Import-Export Trade Statistics |
7.1 Latvia Cyclotron Market Export to Major Countries |
7.2 Latvia Cyclotron Market Imports from Major Countries |
8 Latvia Cyclotron Market Key Performance Indicators |
8.1 Average uptime of cyclotron machines |
8.2 Number of new research collaborations in nuclear medicine field |
8.3 Percentage of revenue invested in RD for cyclotron technology improvements |
9 Latvia Cyclotron Market - Opportunity Assessment |
9.1 Latvia Cyclotron Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Cyclotron Market Opportunity Assessment, By Product, 2021 & 2031F |
10 Latvia Cyclotron Market - Competitive Landscape |
10.1 Latvia Cyclotron Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cyclotron 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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