| Product Code: ETC5568612 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of exoskeletons to Latvia in 2024 continued to show positive growth, with top exporting countries being Germany, Netherlands, Lithuania, Czechia, and Metropolitan France. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 15.29%, with a notable growth rate of 25.14% from 2023 to 2024, reflecting increasing demand for exoskeleton technology 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 Exoskeleton Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Exoskeleton Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Exoskeleton Market - Industry Life Cycle |
3.4 Latvia Exoskeleton Market - Porter's Five Forces |
3.5 Latvia Exoskeleton Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Latvia Exoskeleton Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.7 Latvia Exoskeleton Market Revenues & Volume Share, By Body Part, 2021 & 2031F |
3.8 Latvia Exoskeleton Market Revenues & Volume Share, By Mobility, 2021 & 2031F |
3.9 Latvia Exoskeleton Market Revenues & Volume Share, By Structure, 2021 & 2031F |
3.10 Latvia Exoskeleton Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Latvia Exoskeleton Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of exoskeleton technology in healthcare and rehabilitation sector in Latvia |
4.2.2 Growing awareness about the benefits of exoskeletons in improving mobility and quality of life |
4.2.3 Technological advancements leading to more affordable and efficient exoskeleton solutions |
4.3 Market Restraints |
4.3.1 High initial costs associated with exoskeleton technology limiting adoption rate |
4.3.2 Lack of reimbursement policies for exoskeletons in Latvia |
4.3.3 Limited availability of skilled professionals for maintenance and support of exoskeleton devices |
5 Latvia Exoskeleton Market Trends |
6 Latvia Exoskeleton Market Segmentations |
6.1 Latvia Exoskeleton Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Latvia Exoskeleton Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.3 Latvia Exoskeleton Market Revenues & Volume, By Software, 2021-2031F |
6.2 Latvia Exoskeleton Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Exoskeleton Market Revenues & Volume, By Powered, 2021-2031F |
6.2.3 Latvia Exoskeleton Market Revenues & Volume, By Passive, 2021-2031F |
6.3 Latvia Exoskeleton Market, By Body Part |
6.3.1 Overview and Analysis |
6.3.2 Latvia Exoskeleton Market Revenues & Volume, By Lower Extremities, 2021-2031F |
6.3.3 Latvia Exoskeleton Market Revenues & Volume, By Upper Extremities, 2021-2031F |
6.3.4 Latvia Exoskeleton Market Revenues & Volume, By Full Body, 2021-2031F |
6.4 Latvia Exoskeleton Market, By Mobility |
6.4.1 Overview and Analysis |
6.4.2 Latvia Exoskeleton Market Revenues & Volume, By Stationary, 2021-2031F |
6.4.3 Latvia Exoskeleton Market Revenues & Volume, By Mobile, 2021-2031F |
6.5 Latvia Exoskeleton Market, By Structure |
6.5.1 Overview and Analysis |
6.5.2 Latvia Exoskeleton Market Revenues & Volume, By Rigid Exoskeletons, 2021-2031F |
6.5.3 Latvia Exoskeleton Market Revenues & Volume, By Soft Exoskeletons, 2021-2031F |
6.6 Latvia Exoskeleton Market, By Vertical |
6.6.1 Overview and Analysis |
6.6.2 Latvia Exoskeleton Market Revenues & Volume, By Healthcare, 2021-2031F |
6.6.3 Latvia Exoskeleton Market Revenues & Volume, By Defense, 2021-2031F |
6.6.4 Latvia Exoskeleton Market Revenues & Volume, By Industrial, 2021-2031F |
6.6.5 Latvia Exoskeleton Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Exoskeleton Market Import-Export Trade Statistics |
7.1 Latvia Exoskeleton Market Export to Major Countries |
7.2 Latvia Exoskeleton Market Imports from Major Countries |
8 Latvia Exoskeleton Market Key Performance Indicators |
8.1 Number of exoskeleton units deployed in healthcare facilities and rehabilitation centers |
8.2 Percentage increase in research and development investment in exoskeleton technology |
8.3 Number of partnerships and collaborations between exoskeleton manufacturers and healthcare institutions |
8.4 Average time taken for repairs and maintenance of exoskeleton devices |
8.5 Number of training programs and workshops conducted to educate healthcare professionals about exoskeleton technology |
9 Latvia Exoskeleton Market - Opportunity Assessment |
9.1 Latvia Exoskeleton Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Latvia Exoskeleton Market Opportunity Assessment, By Type , 2021 & 2031F |
9.3 Latvia Exoskeleton Market Opportunity Assessment, By Body Part, 2021 & 2031F |
9.4 Latvia Exoskeleton Market Opportunity Assessment, By Mobility, 2021 & 2031F |
9.5 Latvia Exoskeleton Market Opportunity Assessment, By Structure, 2021 & 2031F |
9.6 Latvia Exoskeleton Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Latvia Exoskeleton Market - Competitive Landscape |
10.1 Latvia Exoskeleton Market Revenue Share, By Companies, 2024 |
10.2 Latvia Exoskeleton Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |