| Product Code: ETC5723823 | 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 medical engineered materials import shipments to Latvia in 2024 show a significant growth trend, with key exporting countries being Belgium, Spain, Bulgaria, Germany, and Lithuania. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a robust 10.9%, with a notable growth rate of 22.08% from 2023 to 2024, signaling a promising outlook for the industry in Latvia. This data suggests a growing demand for medical engineered materials in the Latvian market, driven by imports from various European countries.
| 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 Engineered Materials Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Medical Engineered Materials Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Medical Engineered Materials Market - Industry Life Cycle | 
| 3.4 Latvia Medical Engineered Materials Market - Porter's Five Forces | 
| 3.5 Latvia Medical Engineered Materials Market Revenues & Volume Share, By Type, 2021 & 2031F | 
| 3.6 Latvia Medical Engineered Materials Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 4 Latvia Medical Engineered Materials Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing demand for advanced medical devices and implants | 
| 4.2.2 Technological advancements in medical engineered materials | 
| 4.2.3 Growing healthcare infrastructure in Latvia | 
| 4.3 Market Restraints | 
| 4.3.1 Stringent regulations and standards in the medical industry | 
| 4.3.2 High cost associated with medical engineered materials | 
| 4.3.3 Limited availability of skilled labor in the medical engineering sector | 
| 5 Latvia Medical Engineered Materials Market Trends | 
| 6 Latvia Medical Engineered Materials Market Segmentations | 
| 6.1 Latvia Medical Engineered Materials Market, By Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Medical Engineered Materials Market Revenues & Volume, By Medical plastics, 2021-2031F | 
| 6.1.3 Latvia Medical Engineered Materials Market Revenues & Volume, By medical foams, 2021-2031F | 
| 6.1.4 Latvia Medical Engineered Materials Market Revenues & Volume, By medical films, 2021-2031F | 
| 6.1.5 Latvia Medical Engineered Materials Market Revenues & Volume, By medical elastomers, 2021-2031F | 
| 6.1.6 Latvia Medical Engineered Materials Market Revenues & Volume, By medical adhesives, 2021-2031F | 
| 6.2 Latvia Medical Engineered Materials Market, By Application | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Medical Engineered Materials Market Revenues & Volume, By Medical device, 2021-2031F | 
| 6.2.3 Latvia Medical Engineered Materials Market Revenues & Volume, By disposables, 2021-2031F | 
| 6.2.4 Latvia Medical Engineered Materials Market Revenues & Volume, By medical wearables, 2021-2031F | 
| 6.2.5 Latvia Medical Engineered Materials Market Revenues & Volume, By advanced wound care, 2021-2031F | 
| 7 Latvia Medical Engineered Materials Market Import-Export Trade Statistics | 
| 7.1 Latvia Medical Engineered Materials Market Export to Major Countries | 
| 7.2 Latvia Medical Engineered Materials Market Imports from Major Countries | 
| 8 Latvia Medical Engineered Materials Market Key Performance Indicators | 
| 8.1 Research and development investment in new medical engineered materials | 
| 8.2 Adoption rate of medical devices utilizing advanced materials | 
| 8.3 Number of patents filed for innovative medical engineered materials | 
| 9 Latvia Medical Engineered Materials Market - Opportunity Assessment | 
| 9.1 Latvia Medical Engineered Materials Market Opportunity Assessment, By Type, 2021 & 2031F | 
| 9.2 Latvia Medical Engineered Materials Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 10 Latvia Medical Engineered Materials Market - Competitive Landscape | 
| 10.1 Latvia Medical Engineered Materials Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Medical Engineered Materials Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |