| Product Code: ETC5723823 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | 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 |