| Product Code: ETC5734064 | 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 grade silicone import market in Latvia saw a significant shift in concentration, moving from very high in 2023 to high in 2024. Despite a steep decline in growth rate from 2023 to 2024, the compound annual growth rate from 2020 to 2024 remained strong at 21.36%. Top exporting countries such as Belgium, Germany, Lithuania, Turkey, and Poland continue to be key players in supplying medical grade silicone to Latvia. This data indicates a dynamic market landscape with potential opportunities for market players to explore in the coming years.
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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 Grade Silicone Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Medical Grade Silicone Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Medical Grade Silicone Market - Industry Life Cycle |
3.4 Latvia Medical Grade Silicone Market - Porter's Five Forces |
3.5 Latvia Medical Grade Silicone Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.6 Latvia Medical Grade Silicone Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Medical Grade Silicone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for medical devices and implants due to the rising healthcare infrastructure and aging population in Latvia |
4.2.2 Growing awareness about the benefits of medical grade silicone in terms of biocompatibility and durability |
4.3 Market Restraints |
4.3.1 Stringent regulations and standards governing the use of medical grade silicone in healthcare applications |
4.3.2 High initial investment and production costs associated with manufacturing medical grade silicone products |
5 Latvia Medical Grade Silicone Market Trends |
6 Latvia Medical Grade Silicone Market Segmentations |
6.1 Latvia Medical Grade Silicone Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Latvia Medical Grade Silicone Market Revenues & Volume, By Gels, 2021-2031F |
6.1.3 Latvia Medical Grade Silicone Market Revenues & Volume, By Medical Adhesives, 2021-2031F |
6.1.4 Latvia Medical Grade Silicone Market Revenues & Volume, By Medical Coatings, 2021-2031F |
6.1.5 Latvia Medical Grade Silicone Market Revenues & Volume, By Elastomers, 2021-2031F |
6.2 Latvia Medical Grade Silicone Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Medical Grade Silicone Market Revenues & Volume, By Prosthetics & Orthopedic, 2021-2031F |
6.2.3 Latvia Medical Grade Silicone Market Revenues & Volume, By Medical Devices, 2021-2031F |
6.2.4 Latvia Medical Grade Silicone Market Revenues & Volume, By Medical Tapes, 2021-2031F |
6.2.5 Latvia Medical Grade Silicone Market Revenues & Volume, By Contact Lenses, 2021-2031F |
7 Latvia Medical Grade Silicone Market Import-Export Trade Statistics |
7.1 Latvia Medical Grade Silicone Market Export to Major Countries |
7.2 Latvia Medical Grade Silicone Market Imports from Major Countries |
8 Latvia Medical Grade Silicone Market Key Performance Indicators |
8.1 Percentage of healthcare facilities in Latvia using medical grade silicone products |
8.2 Number of new product developments and innovations using medical grade silicone |
8.3 Adoption rate of medical grade silicone in emerging healthcare segments such as cosmetic surgery |
8.4 Percentage of medical professionals recommending medical grade silicone products for patient care |
8.5 Rate of growth in research and development investments in medical grade silicone technologies |
9 Latvia Medical Grade Silicone Market - Opportunity Assessment |
9.1 Latvia Medical Grade Silicone Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.2 Latvia Medical Grade Silicone Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Medical Grade Silicone Market - Competitive Landscape |
10.1 Latvia Medical Grade Silicone Market Revenue Share, By Companies, 2024 |
10.2 Latvia Medical Grade Silicone Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |