| Product Code: ETC12665653 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia saw consistent growth in medical bed imports, with top exporters being Germany, Spain, Finland, Italy, and China. Despite the diversity in sources, the market remained moderately concentrated, as indicated by the low Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 2.85%, reflecting steady demand. However, the growth rate witnessed a slight decline from 2023 to 2024 at -13.13%, suggesting a temporary slowdown in the market. Overall, Latvia`s medical bed import sector presents opportunities for both domestic and international suppliers.

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 Beds Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Medical Beds Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Medical Beds Market - Industry Life Cycle |
3.4 Latvia Medical Beds Market - Porter's Five Forces |
3.5 Latvia Medical Beds Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Medical Beds Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.7 Latvia Medical Beds Market Revenues & Volume Share, By Functionality, 2021 & 2031F |
3.8 Latvia Medical Beds Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Medical Beds Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing elderly population in Latvia leading to higher demand for medical beds |
4.2.2 Technological advancements in medical beds improving patient comfort and outcomes |
4.2.3 Growing healthcare infrastructure and facilities in Latvia boosting the demand for medical beds |
4.3 Market Restraints |
4.3.1 High initial cost of medical beds limiting adoption rates |
4.3.2 Stringent regulations and standards for medical beds increasing manufacturing costs |
4.3.3 Limited availability of skilled healthcare professionals to operate advanced medical beds |
5 Latvia Medical Beds Market Trends |
6 Latvia Medical Beds Market, By Types |
6.1 Latvia Medical Beds Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Medical Beds Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Medical Beds Market Revenues & Volume, By Manual Beds, 2021 - 2031F |
6.1.4 Latvia Medical Beds Market Revenues & Volume, By Semi-Electric Beds, 2021 - 2031F |
6.1.5 Latvia Medical Beds Market Revenues & Volume, By Electric Beds, 2021 - 2031F |
6.1.6 Latvia Medical Beds Market Revenues & Volume, By Pediatric Beds, 2021 - 2031F |
6.2 Latvia Medical Beds Market, By Application Area |
6.2.1 Overview and Analysis |
6.2.2 Latvia Medical Beds Market Revenues & Volume, By Patient Care, 2021 - 2031F |
6.2.3 Latvia Medical Beds Market Revenues & Volume, By Long-Term Care, 2021 - 2031F |
6.2.4 Latvia Medical Beds Market Revenues & Volume, By Intensive Care Units, 2021 - 2031F |
6.2.5 Latvia Medical Beds Market Revenues & Volume, By Maternity Wards, 2021 - 2031F |
6.3 Latvia Medical Beds Market, By Functionality |
6.3.1 Overview and Analysis |
6.3.2 Latvia Medical Beds Market Revenues & Volume, By Adjustable Height, 2021 - 2031F |
6.3.3 Latvia Medical Beds Market Revenues & Volume, By Trendelenburg, 2021 - 2031F |
6.3.4 Latvia Medical Beds Market Revenues & Volume, By Reverse Trendelenburg, 2021 - 2031F |
6.4 Latvia Medical Beds Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Medical Beds Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.4.3 Latvia Medical Beds Market Revenues & Volume, By Nursing Homes, 2021 - 2031F |
6.4.4 Latvia Medical Beds Market Revenues & Volume, By Home Care Settings, 2021 - 2031F |
6.4.5 Latvia Medical Beds Market Revenues & Volume, By Pediatric Clinics, 2021 - 2031F |
7 Latvia Medical Beds Market Import-Export Trade Statistics |
7.1 Latvia Medical Beds Market Export to Major Countries |
7.2 Latvia Medical Beds Market Imports from Major Countries |
8 Latvia Medical Beds Market Key Performance Indicators |
8.1 Average length of hospital stay for patients using medical beds |
8.2 Percentage of hospitals and healthcare facilities equipped with advanced medical beds |
8.3 Rate of adoption of smart and connected medical beds in healthcare institutions |
9 Latvia Medical Beds Market - Opportunity Assessment |
9.1 Latvia Medical Beds Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Medical Beds Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.3 Latvia Medical Beds Market Opportunity Assessment, By Functionality, 2021 & 2031F |
9.4 Latvia Medical Beds Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Medical Beds Market - Competitive Landscape |
10.1 Latvia Medical Beds Market Revenue Share, By Companies, 2024 |
10.2 Latvia Medical Beds Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |