| Product Code: ETC12458293 | 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 | |
In 2024, Latvia continued to rely on importing ICU beds, with top exporters being Germany, Spain, Finland, Italy, and China. The market remained fairly competitive with low concentration, as indicated by the HHI. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 2.85%, although there was a notable decline in growth rate from 2023 to 2024 at -13.13%. This data suggests a stable yet slightly declining trend in ICU bed imports for Latvia, with room for potential shifts in the market dynamics.

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 ICU Beds Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia ICU Beds Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia ICU Beds Market - Industry Life Cycle |
3.4 Latvia ICU Beds Market - Porter's Five Forces |
3.5 Latvia ICU Beds Market Revenues & Volume Share, By Bed Type, 2021 & 2031F |
3.6 Latvia ICU Beds Market Revenues & Volume Share, By Adjustability, 2021 & 2031F |
3.7 Latvia ICU Beds Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia ICU Beds Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Latvia ICU Beds Market Revenues & Volume Share, By Feature, 2021 & 2031F |
4 Latvia ICU Beds Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing incidence of chronic diseases requiring intensive care treatment |
4.2.2 Growing aging population in Latvia |
4.2.3 Technological advancements in ICU equipment and facilities |
4.2.4 Rising healthcare expenditure and investments in healthcare infrastructure |
4.3 Market Restraints |
4.3.1 Limited availability of skilled healthcare professionals to staff ICU units |
4.3.2 High costs associated with setting up and maintaining ICU beds |
4.3.3 Regulatory challenges and compliance requirements |
4.3.4 Lack of awareness about the importance of ICU facilities in healthcare |
5 Latvia ICU Beds Market Trends |
6 Latvia ICU Beds Market, By Types |
6.1 Latvia ICU Beds Market, By Bed Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia ICU Beds Market Revenues & Volume, By Bed Type, 2021 - 2031F |
6.1.3 Latvia ICU Beds Market Revenues & Volume, By Manual ICU Beds, 2021 - 2031F |
6.1.4 Latvia ICU Beds Market Revenues & Volume, By Electric ICU Beds, 2021 - 2031F |
6.1.5 Latvia ICU Beds Market Revenues & Volume, By Hydraulic ICU Beds, 2021 - 2031F |
6.1.6 Latvia ICU Beds Market Revenues & Volume, By Pediatric ICU Beds, 2021 - 2031F |
6.1.7 Latvia ICU Beds Market Revenues & Volume, By Bariatric ICU Beds, 2021 - 2031F |
6.2 Latvia ICU Beds Market, By Adjustability |
6.2.1 Overview and Analysis |
6.2.2 Latvia ICU Beds Market Revenues & Volume, By Fixed, 2021 - 2031F |
6.2.3 Latvia ICU Beds Market Revenues & Volume, By Semi-Automatic, 2021 - 2031F |
6.2.4 Latvia ICU Beds Market Revenues & Volume, By Fully Adjustable, 2021 - 2031F |
6.2.5 Latvia ICU Beds Market Revenues & Volume, By Low-Height, 2021 - 2031F |
6.2.6 Latvia ICU Beds Market Revenues & Volume, By Extra-Wide, 2021 - 2031F |
6.3 Latvia ICU Beds Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia ICU Beds Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.3.3 Latvia ICU Beds Market Revenues & Volume, By Specialty Clinics, 2021 - 2031F |
6.3.4 Latvia ICU Beds Market Revenues & Volume, By Nursing Homes, 2021 - 2031F |
6.3.5 Latvia ICU Beds Market Revenues & Volume, By Home Healthcare, 2021 - 2031F |
6.3.6 Latvia ICU Beds Market Revenues & Volume, By Emergency Departments, 2021 - 2031F |
6.4 Latvia ICU Beds Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia ICU Beds Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.4.3 Latvia ICU Beds Market Revenues & Volume, By Distributors, 2021 - 2031F |
6.4.4 Latvia ICU Beds Market Revenues & Volume, By Online, 2021 - 2031F |
6.4.5 Latvia ICU Beds Market Revenues & Volume, By Bulk Procurement, 2021 - 2031F |
6.4.6 Latvia ICU Beds Market Revenues & Volume, By Retail Stores, 2021 - 2031F |
6.5 Latvia ICU Beds Market, By Feature |
6.5.1 Overview and Analysis |
6.5.2 Latvia ICU Beds Market Revenues & Volume, By Basic Functionality, 2021 - 2031F |
6.5.3 Latvia ICU Beds Market Revenues & Volume, By Remote Control, 2021 - 2031F |
6.5.4 Latvia ICU Beds Market Revenues & Volume, By Height Adjustment, 2021 - 2031F |
6.5.5 Latvia ICU Beds Market Revenues & Volume, By Pressure Relief, 2021 - 2031F |
6.5.6 Latvia ICU Beds Market Revenues & Volume, By Multi-Positioning, 2021 - 2031F |
7 Latvia ICU Beds Market Import-Export Trade Statistics |
7.1 Latvia ICU Beds Market Export to Major Countries |
7.2 Latvia ICU Beds Market Imports from Major Countries |
8 Latvia ICU Beds Market Key Performance Indicators |
8.1 Average occupancy rate of ICU beds in Latvia |
8.2 Turnaround time for admitting patients to ICU |
8.3 Rate of adoption of advanced ICU technologies |
8.4 Patient satisfaction scores with ICU services |
8.5 Number of ICU beds per capita in comparison to European standards |
9 Latvia ICU Beds Market - Opportunity Assessment |
9.1 Latvia ICU Beds Market Opportunity Assessment, By Bed Type, 2021 & 2031F |
9.2 Latvia ICU Beds Market Opportunity Assessment, By Adjustability, 2021 & 2031F |
9.3 Latvia ICU Beds Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia ICU Beds Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Latvia ICU Beds Market Opportunity Assessment, By Feature, 2021 & 2031F |
10 Latvia ICU Beds Market - Competitive Landscape |
10.1 Latvia ICU Beds Market Revenue Share, By Companies, 2024 |
10.2 Latvia ICU Beds Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |