| Product Code: ETC11748661 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s digital thermometer import shipments in 2024 continued to be sourced primarily from neighboring European countries, with Sweden, Germany, Poland, Lithuania, and Denmark leading the way. Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024, the market saw a significant growth spurt in 2024 with a growth rate of 28.14%. The Herfindahl-Hirschman Index (HHI) indicated a moderate concentration within the market, suggesting a competitive landscape among the top exporting countries. This data reflects a dynamic and evolving market for digital thermometers 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 Digital Thermometer Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Digital Thermometer Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Digital Thermometer Market - Industry Life Cycle |
3.4 Latvia Digital Thermometer Market - Porter's Five Forces |
3.5 Latvia Digital Thermometer Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Latvia Digital Thermometer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Digital Thermometer Market Revenues & Volume Share, By End user, 2021 & 2031F |
3.8 Latvia Digital Thermometer Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Latvia Digital Thermometer Market Revenues & Volume Share, By Form Factor, 2021 & 2031F |
4 Latvia Digital Thermometer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about health and wellness leading to higher demand for digital thermometers |
4.2.2 Technological advancements in digital thermometer features and accuracy |
4.2.3 Growing adoption of telemedicine and remote patient monitoring solutions |
4.3 Market Restraints |
4.3.1 Price sensitivity among consumers in Latvia |
4.3.2 Limited availability of digital thermometers in rural areas |
4.3.3 Lack of standardization in regulations for digital thermometers |
5 Latvia Digital Thermometer Market Trends |
6 Latvia Digital Thermometer Market, By Types |
6.1 Latvia Digital Thermometer Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Digital Thermometer Market Revenues & Volume, By Device Type, 2021 - 2031F |
6.1.3 Latvia Digital Thermometer Market Revenues & Volume, By In-Ear Digital Thermometers, 2021 - 2031F |
6.1.4 Latvia Digital Thermometer Market Revenues & Volume, By Oral Digital Thermometers, 2021 - 2031F |
6.1.5 Latvia Digital Thermometer Market Revenues & Volume, By Infrared Digital Thermometers, 2021 - 2031F |
6.1.6 Latvia Digital Thermometer Market Revenues & Volume, By Other Digital Thermometers, 2021 - 2031F |
6.2 Latvia Digital Thermometer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Digital Thermometer Market Revenues & Volume, By Hospitals and clinics, 2021 - 2031F |
6.2.3 Latvia Digital Thermometer Market Revenues & Volume, By Home healthcare, 2021 - 2031F |
6.2.4 Latvia Digital Thermometer Market Revenues & Volume, By Ambulatory surgical centers, 2021 - 2031F |
6.2.5 Latvia Digital Thermometer Market Revenues & Volume, By Other applications, 2021 - 2031F |
6.3 Latvia Digital Thermometer Market, By End user |
6.3.1 Overview and Analysis |
6.3.2 Latvia Digital Thermometer Market Revenues & Volume, By Adults, 2021 - 2031F |
6.3.3 Latvia Digital Thermometer Market Revenues & Volume, By Pediatric, 2021 - 2031F |
6.3.4 Latvia Digital Thermometer Market Revenues & Volume, By Neonates, 2021 - 2031F |
6.3.5 Latvia Digital Thermometer Market Revenues & Volume, By Other end users, 2021 - 2031F |
6.4 Latvia Digital Thermometer Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia Digital Thermometer Market Revenues & Volume, By Contactless, 2021 - 2031F |
6.4.3 Latvia Digital Thermometer Market Revenues & Volume, By Touch, 2021 - 2031F |
6.5 Latvia Digital Thermometer Market, By Form Factor |
6.5.1 Overview and Analysis |
6.5.2 Latvia Digital Thermometer Market Revenues & Volume, By stick, 2021 - 2031F |
6.5.3 Latvia Digital Thermometer Market Revenues & Volume, By strip, 2021 - 2031F |
6.5.4 Latvia Digital Thermometer Market Revenues & Volume, By other form factors, 2021 - 2031F |
7 Latvia Digital Thermometer Market Import-Export Trade Statistics |
7.1 Latvia Digital Thermometer Market Export to Major Countries |
7.2 Latvia Digital Thermometer Market Imports from Major Countries |
8 Latvia Digital Thermometer Market Key Performance Indicators |
8.1 Adoption rate of digital thermometers in healthcare facilities |
8.2 Number of telemedicine consultations utilizing digital thermometers |
8.3 Rate of new product innovations in the digital thermometer market |
9 Latvia Digital Thermometer Market - Opportunity Assessment |
9.1 Latvia Digital Thermometer Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Latvia Digital Thermometer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Digital Thermometer Market Opportunity Assessment, By End user, 2021 & 2031F |
9.4 Latvia Digital Thermometer Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Latvia Digital Thermometer Market Opportunity Assessment, By Form Factor, 2021 & 2031F |
10 Latvia Digital Thermometer Market - Competitive Landscape |
10.1 Latvia Digital Thermometer Market Revenue Share, By Companies, 2024 |
10.2 Latvia Digital Thermometer 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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