| Product Code: ETC7915259 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to rely on imports of medical thermometers, with top suppliers being Sweden, Germany, Poland, Lithuania, and Denmark. The market showed moderate concentration, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was negative at -3.52%, but there was a notable growth spike of 28.14% from 2023 to 2024. This suggests potential shifts in demand or market dynamics that importers and suppliers should closely monitor for strategic decision-making.

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 Thermometer Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Medical Thermometer Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Medical Thermometer Market - Industry Life Cycle |
3.4 Latvia Medical Thermometer Market - Porter's Five Forces |
3.5 Latvia Medical Thermometer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Medical Thermometer Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Medical Thermometer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of monitoring body temperature for early detection of illnesses. |
4.2.2 Growing demand for non-contact and digital thermometers for accurate and quick temperature readings. |
4.2.3 Technological advancements leading to the development of smart thermometers with features like app connectivity and data tracking. |
4.3 Market Restraints |
4.3.1 Price sensitivity among consumers, especially in a price-sensitive market like Latvia. |
4.3.2 Limited healthcare infrastructure in certain regions, affecting the distribution and adoption of medical thermometers. |
4.3.3 Competition from alternative temperature monitoring devices such as wearable health trackers. |
5 Latvia Medical Thermometer Market Trends |
6 Latvia Medical Thermometer Market, By Types |
6.1 Latvia Medical Thermometer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Medical Thermometer Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Medical Thermometer Market Revenues & Volume, By Mercury-based, 2021- 2031F |
6.1.4 Latvia Medical Thermometer Market Revenues & Volume, By Mercury-free, 2021- 2031F |
6.1.5 Latvia Medical Thermometer Market Revenues & Volume, By Infrared, 2021- 2031F |
6.1.6 Latvia Medical Thermometer Market Revenues & Volume, By Digital, 2021- 2031F |
6.1.7 Latvia Medical Thermometer Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Latvia Medical Thermometer Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Medical Thermometer Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 Latvia Medical Thermometer Market Revenues & Volume, By Clinics, 2021- 2031F |
6.2.4 Latvia Medical Thermometer Market Revenues & Volume, By Other End Users, 2021- 2031F |
7 Latvia Medical Thermometer Market Import-Export Trade Statistics |
7.1 Latvia Medical Thermometer Market Export to Major Countries |
7.2 Latvia Medical Thermometer Market Imports from Major Countries |
8 Latvia Medical Thermometer Market Key Performance Indicators |
8.1 Adoption rate of digital and smart thermometers in healthcare facilities and households. |
8.2 Number of healthcare campaigns promoting the benefits of using medical thermometers for early illness detection. |
8.3 Rate of technological innovations and new product launches in the medical thermometer market in Latvia. |
9 Latvia Medical Thermometer Market - Opportunity Assessment |
9.1 Latvia Medical Thermometer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Medical Thermometer Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Medical Thermometer Market - Competitive Landscape |
10.1 Latvia Medical Thermometer Market Revenue Share, By Companies, 2024 |
10.2 Latvia Medical Thermometer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |