| Product Code: ETC11920693 | 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 | |
The electronic thermometer import market in Latvia saw a shift in concentration levels from moderate to low in 2024, indicating increased competition among top exporting countries. Despite a decline in growth rate from 2023 to 2024, the market still maintained a healthy CAGR of 8.43% from 2020 to 2024. Key players like the USA, China, Germany, Lithuania, and Poland continue to dominate the market, showcasing the importance of these countries in supplying electronic thermometers to Latvia. There may be opportunities for market players to further expand and innovate to stay competitive in this dynamic market environment.

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 Electronic Thermometer Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Electronic Thermometer Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Electronic Thermometer Market - Industry Life Cycle |
3.4 Latvia Electronic Thermometer Market - Porter's Five Forces |
3.5 Latvia Electronic Thermometer Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Latvia Electronic Thermometer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Electronic Thermometer Market Revenues & Volume Share, By End user, 2021 & 2031F |
3.8 Latvia Electronic Thermometer Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Latvia Electronic Thermometer Market Revenues & Volume Share, By Form Factor, 2021 & 2031F |
4 Latvia Electronic Thermometer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Electronic Thermometer Market Trends |
6 Latvia Electronic Thermometer Market, By Types |
6.1 Latvia Electronic Thermometer Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Electronic Thermometer Market Revenues & Volume, By Device Type, 2021 - 2031F |
6.1.3 Latvia Electronic Thermometer Market Revenues & Volume, By In-Ear Digital Thermometers, 2021 - 2031F |
6.1.4 Latvia Electronic Thermometer Market Revenues & Volume, By Oral Digital Thermometers, 2021 - 2031F |
6.1.5 Latvia Electronic Thermometer Market Revenues & Volume, By Infrared Digital Thermometers, 2021 - 2031F |
6.1.6 Latvia Electronic Thermometer Market Revenues & Volume, By Other Digital Thermometers, 2021 - 2031F |
6.2 Latvia Electronic Thermometer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Electronic Thermometer Market Revenues & Volume, By Hospitals and clinics, 2021 - 2031F |
6.2.3 Latvia Electronic Thermometer Market Revenues & Volume, By Home healthcare, 2021 - 2031F |
6.2.4 Latvia Electronic Thermometer Market Revenues & Volume, By Ambulatory surgical centers, 2021 - 2031F |
6.2.5 Latvia Electronic Thermometer Market Revenues & Volume, By Other applications, 2021 - 2031F |
6.3 Latvia Electronic Thermometer Market, By End user |
6.3.1 Overview and Analysis |
6.3.2 Latvia Electronic Thermometer Market Revenues & Volume, By Adults, 2021 - 2031F |
6.3.3 Latvia Electronic Thermometer Market Revenues & Volume, By Pediatric, 2021 - 2031F |
6.3.4 Latvia Electronic Thermometer Market Revenues & Volume, By Neonates, 2021 - 2031F |
6.3.5 Latvia Electronic Thermometer Market Revenues & Volume, By Other end users, 2021 - 2031F |
6.4 Latvia Electronic Thermometer Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Latvia Electronic Thermometer Market Revenues & Volume, By Contactless, 2021 - 2031F |
6.4.3 Latvia Electronic Thermometer Market Revenues & Volume, By Touch, 2021 - 2031F |
6.5 Latvia Electronic Thermometer Market, By Form Factor |
6.5.1 Overview and Analysis |
6.5.2 Latvia Electronic Thermometer Market Revenues & Volume, By stick, 2021 - 2031F |
6.5.3 Latvia Electronic Thermometer Market Revenues & Volume, By strip, 2021 - 2031F |
6.5.4 Latvia Electronic Thermometer Market Revenues & Volume, By other form factors, 2021 - 2031F |
7 Latvia Electronic Thermometer Market Import-Export Trade Statistics |
7.1 Latvia Electronic Thermometer Market Export to Major Countries |
7.2 Latvia Electronic Thermometer Market Imports from Major Countries |
8 Latvia Electronic Thermometer Market Key Performance Indicators |
9 Latvia Electronic Thermometer Market - Opportunity Assessment |
9.1 Latvia Electronic Thermometer Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Latvia Electronic Thermometer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Electronic Thermometer Market Opportunity Assessment, By End user, 2021 & 2031F |
9.4 Latvia Electronic Thermometer Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Latvia Electronic Thermometer Market Opportunity Assessment, By Form Factor, 2021 & 2031F |
10 Latvia Electronic Thermometer Market - Competitive Landscape |
10.1 Latvia Electronic Thermometer Market Revenue Share, By Companies, 2024 |
10.2 Latvia Electronic 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.
To discover high-growth global markets and optimize your business strategy:
Click Here