| Product Code: ETC5008435 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The medical products import market in Latvia experienced steady growth with a CAGR of 7.74% from 2020 to 2024. In 2024, the top exporting countries to Latvia were Belgium, Germany, Ireland, Spain, and Lithuania. The market concentration, as measured by HHI, decreased from moderate to low in 2024, indicating a more diverse import market. The growth rate in 2024 was 6.69%, reflecting ongoing expansion and opportunities for market players in the medical products sector in Latvia.

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 Products Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Medical Products Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Medical Products Market - Industry Life Cycle |
3.4 Latvia Medical Products Market - Porter's Five Forces |
3.5 Latvia Medical Products Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Medical Products Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Latvia Medical Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing healthcare expenditure in Latvia |
4.2.2 Growing demand for advanced medical products and technologies |
4.2.3 Favorable government initiatives and policies to improve healthcare infrastructure |
4.3 Market Restraints |
4.3.1 Lack of skilled healthcare professionals in Latvia |
4.3.2 Stringent regulations and compliance requirements for medical products |
4.3.3 Limited access to healthcare services in rural areas of Latvia |
5 Latvia Medical Products Market Trends |
6 Latvia Medical Products Market Segmentations |
6.1 Latvia Medical Products Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Medical Products Market Revenues & Volume, By Wheelchairs, 2021-2031F |
6.1.3 Latvia Medical Products Market Revenues & Volume, By Medical Beds, 2021-2031F |
6.1.4 Latvia Medical Products Market Revenues & Volume, By Walkers, 2021-2031F |
6.1.5 Latvia Medical Products Market Revenues & Volume, By Bathroom Assistive Products, 2021-2031F |
6.1.6 Latvia Medical Products Market Revenues & Volume, By Orthopedics, 2021-2031F |
6.1.7 Latvia Medical Products Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Medical Products Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Medical Products Market Revenues & Volume, By Hospitals, 2021-2031F |
6.2.3 Latvia Medical Products Market Revenues & Volume, By Ambulatory Surgical Centers, 2021-2031F |
6.2.4 Latvia Medical Products Market Revenues & Volume, By Home Healthcare, 2021-2031F |
6.2.5 Latvia Medical Products Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Medical Products Market Import-Export Trade Statistics |
7.1 Latvia Medical Products Market Export to Major Countries |
7.2 Latvia Medical Products Market Imports from Major Countries |
8 Latvia Medical Products Market Key Performance Indicators |
8.1 Number of healthcare facilities adopting advanced medical products |
8.2 Percentage increase in healthcare budget allocation by the Latvian government |
8.3 Rate of adoption of telemedicine and digital health solutions in Latvia |
9 Latvia Medical Products Market - Opportunity Assessment |
9.1 Latvia Medical Products Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Medical Products Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Latvia Medical Products Market - Competitive Landscape |
10.1 Latvia Medical Products Market Revenue Share, By Companies, 2024 |
10.2 Latvia Medical Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |