| Product Code: ETC7914807 | 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 |
Latvia`s MRI scanner import market in 2024 saw a rise in concentration levels, with top exporters being Netherlands, Austria, Lithuania, Germany, and South Korea. The high Herfindahl-Hirschman Index (HHI) indicates a very concentrated market, potentially impacting competition and pricing. Despite a negative Compound Annual Growth Rate (CAGR) of -9.75% from 2020 to 2024, the slight improvement in the growth rate from 2023 to 2024 suggests a potential stabilization in the market. Monitoring market dynamics and exploring strategies to enhance competitiveness could be crucial for stakeholders in this sector.

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 MRI Scanner Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia MRI Scanner Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia MRI Scanner Market - Industry Life Cycle |
3.4 Latvia MRI Scanner Market - Porter's Five Forces |
3.5 Latvia MRI Scanner Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia MRI Scanner Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Latvia MRI Scanner Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia MRI Scanner Market Revenues & Volume Share, By End use, 2021 & 2031F |
4 Latvia MRI Scanner Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases requiring advanced diagnostic imaging |
4.2.2 Technological advancements in MRI scanner systems |
4.2.3 Growing healthcare infrastructure and investments in Latvia |
4.3 Market Restraints |
4.3.1 High initial cost and maintenance expenses of MRI scanners |
4.3.2 Limited reimbursement policies for MRI scans in Latvia |
5 Latvia MRI Scanner Market Trends |
6 Latvia MRI Scanner Market, By Types |
6.1 Latvia MRI Scanner Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia MRI Scanner Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia MRI Scanner Market Revenues & Volume, By Portable Type, 2021- 2031F |
6.1.4 Latvia MRI Scanner Market Revenues & Volume, By Desktop Type, 2021- 2031F |
6.2 Latvia MRI Scanner Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Latvia MRI Scanner Market Revenues & Volume, By Closed MRI Systems, 2021- 2031F |
6.2.3 Latvia MRI Scanner Market Revenues & Volume, By Open MRI Systems, 2021- 2031F |
6.3 Latvia MRI Scanner Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia MRI Scanner Market Revenues & Volume, By Oncology, 2021- 2031F |
6.3.3 Latvia MRI Scanner Market Revenues & Volume, By Neurology, 2021- 2031F |
6.3.4 Latvia MRI Scanner Market Revenues & Volume, By Cardiology, 2021- 2031F |
6.3.5 Latvia MRI Scanner Market Revenues & Volume, By Pelvic, 2021- 2031F |
6.3.6 Latvia MRI Scanner Market Revenues & Volume, By Abdominal, 2021- 2031F |
6.3.7 Latvia MRI Scanner Market Revenues & Volume, By Musculoskeletal, 2021- 2031F |
6.4 Latvia MRI Scanner Market, By End use |
6.4.1 Overview and Analysis |
6.4.2 Latvia MRI Scanner Market Revenues & Volume, By Hospital, 2021- 2031F |
6.4.3 Latvia MRI Scanner Market Revenues & Volume, By Clinic, 2021- 2031F |
6.4.4 Latvia MRI Scanner Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.4.5 Latvia MRI Scanner Market Revenues & Volume, By Scientific Research, 2021- 2031F |
6.4.6 Latvia MRI Scanner Market Revenues & Volume, By Other, 2021- 2031F |
7 Latvia MRI Scanner Market Import-Export Trade Statistics |
7.1 Latvia MRI Scanner Market Export to Major Countries |
7.2 Latvia MRI Scanner Market Imports from Major Countries |
8 Latvia MRI Scanner Market Key Performance Indicators |
8.1 Adoption rate of advanced MRI scanner technologies in Latvia |
8.2 Average waiting time for MRI scans in healthcare facilities |
8.3 Number of MRI scans conducted per year in Latvia |
9 Latvia MRI Scanner Market - Opportunity Assessment |
9.1 Latvia MRI Scanner Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia MRI Scanner Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Latvia MRI Scanner Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia MRI Scanner Market Opportunity Assessment, By End use, 2021 & 2031F |
10 Latvia MRI Scanner Market - Competitive Landscape |
10.1 Latvia MRI Scanner Market Revenue Share, By Companies, 2024 |
10.2 Latvia MRI Scanner 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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