| Product Code: ETC7911335 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to import flowable hemostats primarily from Estonia, China, Sweden, Germany, and the Netherlands. The market displayed a high concentration with a consistently high Herfindahl-Hirschman Index (HHI). Despite a modest compound annual growth rate (CAGR) of 1.62% from 2020 to 2024, the growth rate took a slight dip in 2024 with a -8.63% change. The presence of key exporting countries and market dynamics in Latvia`s flowable hemostats segment indicate a competitive landscape and potential shifts in trade patterns.

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 Flowable Hemostats Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Flowable Hemostats Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Flowable Hemostats Market - Industry Life Cycle |
3.4 Latvia Flowable Hemostats Market - Porter's Five Forces |
3.5 Latvia Flowable Hemostats Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Latvia Flowable Hemostats Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Flowable Hemostats Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Latvia Flowable Hemostats Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Flowable Hemostats Market Trends |
6 Latvia Flowable Hemostats Market, By Types |
6.1 Latvia Flowable Hemostats Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Flowable Hemostats Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Latvia Flowable Hemostats Market Revenues & Volume, By Porcine Gelatin, 2021- 2031F |
6.1.4 Latvia Flowable Hemostats Market Revenues & Volume, By Bovine Gelatin, 2021- 2031F |
6.2 Latvia Flowable Hemostats Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Flowable Hemostats Market Revenues & Volume, By General Surgery, 2021- 2031F |
6.2.3 Latvia Flowable Hemostats Market Revenues & Volume, By Cardiac Surgery, 2021- 2031F |
6.2.4 Latvia Flowable Hemostats Market Revenues & Volume, By Vascular Surgery, 2021- 2031F |
6.2.5 Latvia Flowable Hemostats Market Revenues & Volume, By Neuro & Spine Surgery, 2021- 2031F |
6.2.6 Latvia Flowable Hemostats Market Revenues & Volume, By Orthopedic Surgery, 2021- 2031F |
6.3 Latvia Flowable Hemostats Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Latvia Flowable Hemostats Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Latvia Flowable Hemostats Market Revenues & Volume, By Ambulatory Surgery Centers, 2021- 2031F |
6.3.4 Latvia Flowable Hemostats Market Revenues & Volume, By Clinics, 2021- 2031F |
7 Latvia Flowable Hemostats Market Import-Export Trade Statistics |
7.1 Latvia Flowable Hemostats Market Export to Major Countries |
7.2 Latvia Flowable Hemostats Market Imports from Major Countries |
8 Latvia Flowable Hemostats Market Key Performance Indicators |
9 Latvia Flowable Hemostats Market - Opportunity Assessment |
9.1 Latvia Flowable Hemostats Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Latvia Flowable Hemostats Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Flowable Hemostats Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Latvia Flowable Hemostats Market - Competitive Landscape |
10.1 Latvia Flowable Hemostats Market Revenue Share, By Companies, 2024 |
10.2 Latvia Flowable Hemostats 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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