| Product Code: ETC7915883 | 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 |
The mobility aids import market in Latvia experienced a shift in concentration levels from moderate to low in 2024, indicating increased diversification among top exporting countries. Despite a negative growth rate from 2023 to 2024, the compound annual growth rate of 11.55% over the 2020-2024 period reflects overall market expansion. Key exporting countries such as Sweden, Germany, Lithuania, USA, and India continue to play significant roles in supplying mobility aids to Latvia, underscoring the importance of international trade partnerships in meeting the country`s demand for assistive devices.

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 Mobility Aids Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Mobility Aids Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Mobility Aids Market - Industry Life Cycle |
3.4 Latvia Mobility Aids Market - Porter's Five Forces |
3.5 Latvia Mobility Aids Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Mobility Aids Market Revenues & Volume Share, By Sector, 2021 & 2031F |
3.7 Latvia Mobility Aids Market Revenues & Volume Share, By Split Type, 2021 & 2031F |
3.8 Latvia Mobility Aids Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Mobility Aids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing aging population in Latvia leading to higher demand for mobility aids |
4.2.2 Growing awareness about the benefits of mobility aids in improving quality of life |
4.2.3 Technological advancements and innovation in mobility aid products |
4.3 Market Restraints |
4.3.1 Limited reimbursement policies for mobility aids in Latvia |
4.3.2 High cost associated with advanced mobility aid products |
4.3.3 Lack of skilled professionals for proper fitting and maintenance of mobility aids |
5 Latvia Mobility Aids Market Trends |
6 Latvia Mobility Aids Market, By Types |
6.1 Latvia Mobility Aids Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Mobility Aids Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Mobility Aids Market Revenues & Volume, By Rollators, 2021- 2031F |
6.1.4 Latvia Mobility Aids Market Revenues & Volume, By Walkers, 2021- 2031F |
6.1.5 Latvia Mobility Aids Market Revenues & Volume, By Wheelchairs, 2021- 2031F |
6.1.6 Latvia Mobility Aids Market Revenues & Volume, By LTC Beds, 2021- 2031F |
6.2 Latvia Mobility Aids Market, By Sector |
6.2.1 Overview and Analysis |
6.2.2 Latvia Mobility Aids Market Revenues & Volume, By Public, 2021- 2031F |
6.2.3 Latvia Mobility Aids Market Revenues & Volume, By Private, 2021- 2031F |
6.3 Latvia Mobility Aids Market, By Split Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Mobility Aids Market Revenues & Volume, By Rehabilitation, 2021- 2031F |
6.3.3 Latvia Mobility Aids Market Revenues & Volume, By Aged Care, 2021- 2031F |
6.4 Latvia Mobility Aids Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Mobility Aids Market Revenues & Volume, By Online, 2021- 2031F |
6.4.3 Latvia Mobility Aids Market Revenues & Volume, By Offline, 2021- 2031F |
7 Latvia Mobility Aids Market Import-Export Trade Statistics |
7.1 Latvia Mobility Aids Market Export to Major Countries |
7.2 Latvia Mobility Aids Market Imports from Major Countries |
8 Latvia Mobility Aids Market Key Performance Indicators |
8.1 Average age of population in need of mobility aids |
8.2 Number of awareness campaigns or educational programs about mobility aids |
8.3 Rate of adoption of new mobility aid technologies |
8.4 Percentage of healthcare facilities offering mobility aid services |
8.5 Customer satisfaction levels with mobility aid products and services |
9 Latvia Mobility Aids Market - Opportunity Assessment |
9.1 Latvia Mobility Aids Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Mobility Aids Market Opportunity Assessment, By Sector, 2021 & 2031F |
9.3 Latvia Mobility Aids Market Opportunity Assessment, By Split Type, 2021 & 2031F |
9.4 Latvia Mobility Aids Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Mobility Aids Market - Competitive Landscape |
10.1 Latvia Mobility Aids Market Revenue Share, By Companies, 2024 |
10.2 Latvia Mobility Aids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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