| Product Code: ETC5577390 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The import shipments of medical alert systems to Latvia in 2024 continued to see high concentration, with top exporters being Vietnam, China, Lithuania, Netherlands, and the USA. The market has shown steady growth with a CAGR of 0.99% from 2020 to 2024, and a growth rate of 0.88% from 2023 to 2024. This suggests a stable market with potential for further expansion and opportunities for collaboration between Latvia and key exporting countries in the medical alert systems industry.
| 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 Medical Alert Systems Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Medical Alert Systems Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Medical Alert Systems Market - Industry Life Cycle | 
| 3.4 Latvia Medical Alert Systems Market - Porter's Five Forces | 
| 3.5 Latvia Medical Alert Systems Market Revenues & Volume Share, By Connection Type , 2021 & 2031F | 
| 3.6 Latvia Medical Alert Systems Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F | 
| 3.7 Latvia Medical Alert Systems Market Revenues & Volume Share, By Application , 2021 & 2031F | 
| 3.8 Latvia Medical Alert Systems Market Revenues & Volume Share, By Offering, 2021 & 2031F | 
| 3.9 Latvia Medical Alert Systems Market Revenues & Volume Share, By System Type, 2021 & 2031F | 
| 3.10 Latvia Medical Alert Systems Market Revenues & Volume Share, By Technology, 2021 & 2031F | 
| 4 Latvia Medical Alert Systems Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing elderly population in Latvia | 
| 4.2.2 Rising awareness about the importance of healthcare monitoring | 
| 4.2.3 Technological advancements in medical alert systems | 
| 4.3 Market Restraints | 
| 4.3.1 Limited healthcare infrastructure in some regions of Latvia | 
| 4.3.2 High cost associated with medical alert systems | 
| 4.3.3 Data privacy concerns among users | 
| 5 Latvia Medical Alert Systems Market Trends | 
| 6 Latvia Medical Alert Systems Market Segmentations | 
| 6.1 Latvia Medical Alert Systems Market, By Connection Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Medical Alert Systems Market Revenues & Volume, By Wired, 2021-2031F | 
| 6.1.3 Latvia Medical Alert Systems Market Revenues & Volume, By Wireless, 2021-2031F | 
| 6.2 Latvia Medical Alert Systems Market, By Distribution Channel | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Medical Alert Systems Market Revenues & Volume, By Pharmacies, 2021-2031F | 
| 6.2.3 Latvia Medical Alert Systems Market Revenues & Volume, By Online Sales, 2021-2031F | 
| 6.2.4 Latvia Medical Alert Systems Market Revenues & Volume, By Hypermarkets, 2021-2031F | 
| 6.3 Latvia Medical Alert Systems Market, By Application | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Medical Alert Systems Market Revenues & Volume, By Home-Based users, 2021-2031F | 
| 6.3.3 Latvia Medical Alert Systems Market Revenues & Volume, By Senior Living Facilities/Senior Care Centers, 2021-2031F | 
| 6.3.4 Latvia Medical Alert Systems Market Revenues & Volume, By Assisted Living Facilities, 2021-2031F | 
| 6.3.5 Latvia Medical Alert Systems Market Revenues & Volume, By Hospitals and Clinics, 2021-2031F | 
| 6.3.6 Latvia Medical Alert Systems Market Revenues & Volume, By Others, 2021-2031F | 
| 6.4 Latvia Medical Alert Systems Market, By Offering | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Latvia Medical Alert Systems Market Revenues & Volume, By Hardware, 2021-2031F | 
| 6.4.3 Latvia Medical Alert Systems Market Revenues & Volume, By Services, 2021-2031F | 
| 6.5 Latvia Medical Alert Systems Market, By System Type | 
| 6.5.1 Overview and Analysis | 
| 6.5.2 Latvia Medical Alert Systems Market Revenues & Volume, By Personal Emergency Response System (PERS), 2021-2031F | 
| 6.5.3 Latvia Medical Alert Systems Market Revenues & Volume, By Nurse Calling System (NCS), 2021-2031F | 
| 6.5.4 Latvia Medical Alert Systems Market Revenues & Volume, By Smart Belt, 2021-2031F | 
| 6.6 Latvia Medical Alert Systems Market, By Technology | 
| 6.6.1 Overview and Analysis | 
| 6.6.2 Latvia Medical Alert Systems Market Revenues & Volume, By Two-way Voice Systems, 2021-2031F | 
| 6.6.3 Latvia Medical Alert Systems Market Revenues & Volume, By Unmonitored Medical Alert Systems, 2021-2031F | 
| 6.6.4 Latvia Medical Alert Systems Market Revenues & Volume, By Medical Alert Alarm (Button) System, 2021-2031F | 
| 6.6.5 Latvia Medical Alert Systems Market Revenues & Volume, By IP-based Systems, 2021-2031F | 
| 7 Latvia Medical Alert Systems Market Import-Export Trade Statistics | 
| 7.1 Latvia Medical Alert Systems Market Export to Major Countries | 
| 7.2 Latvia Medical Alert Systems Market Imports from Major Countries | 
| 8 Latvia Medical Alert Systems Market Key Performance Indicators | 
| 8.1 Average response time of medical alert systems | 
| 8.2 Customer satisfaction rates with medical alert services | 
| 8.3 Number of partnerships with healthcare providers for integrated services | 
| 8.4 Percentage of market penetration in different regions of Latvia | 
| 8.5 Rate of adoption of new features in medical alert systems | 
| 9 Latvia Medical Alert Systems Market - Opportunity Assessment | 
| 9.1 Latvia Medical Alert Systems Market Opportunity Assessment, By Connection Type , 2021 & 2031F | 
| 9.2 Latvia Medical Alert Systems Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F | 
| 9.3 Latvia Medical Alert Systems Market Opportunity Assessment, By Application , 2021 & 2031F | 
| 9.4 Latvia Medical Alert Systems Market Opportunity Assessment, By Offering, 2021 & 2031F | 
| 9.5 Latvia Medical Alert Systems Market Opportunity Assessment, By System Type, 2021 & 2031F | 
| 9.6 Latvia Medical Alert Systems Market Opportunity Assessment, By Technology, 2021 & 2031F | 
| 10 Latvia Medical Alert Systems Market - Competitive Landscape | 
| 10.1 Latvia Medical Alert Systems Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Medical Alert Systems Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |