| Product Code: ETC7914808 | 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 MRI systems import market in Latvia experienced a significant increase in concentration levels in 2024, with the top exporting countries being Netherlands, Germany, Austria, Lithuania, and Metropolitan France. Despite a negative CAGR of -5.91% from 2020 to 2024, the market saw a steep decline in growth rate by -24.88% from 2023 to 2024. This indicates a challenging landscape for MRI system imports in Latvia, potentially influenced by various market factors and trends impacting the industry.

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 Systems Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia MRI Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia MRI Systems Market - Industry Life Cycle |
3.4 Latvia MRI Systems Market - Porter's Five Forces |
3.5 Latvia MRI Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia MRI Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia MRI Systems Market Revenues & Volume Share, By End users, 2021 & 2031F |
4 Latvia MRI Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases requiring MRI diagnostics |
4.2.2 Technological advancements in MRI systems leading to improved image quality and diagnostic capabilities |
4.2.3 Growing investments in healthcare infrastructure in Latvia |
4.3 Market Restraints |
4.3.1 High cost associated with MRI systems and maintenance |
4.3.2 Limited availability of skilled professionals to operate MRI systems effectively |
5 Latvia MRI Systems Market Trends |
6 Latvia MRI Systems Market, By Types |
6.1 Latvia MRI Systems Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia MRI Systems Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia MRI Systems Market Revenues & Volume, By Open, 2021- 2031F |
6.1.4 Latvia MRI Systems Market Revenues & Volume, By Closed, 2021- 2031F |
6.1.5 Latvia MRI Systems Market Revenues & Volume, By Standing, 2021- 2031F |
6.2 Latvia MRI Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia MRI Systems Market Revenues & Volume, By Neurology, 2021- 2031F |
6.2.3 Latvia MRI Systems Market Revenues & Volume, By Cardiology, 2021- 2031F |
6.2.4 Latvia MRI Systems Market Revenues & Volume, By Musculoskeletal, 2021- 2031F |
6.2.5 Latvia MRI Systems Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia MRI Systems Market, By End users |
6.3.1 Overview and Analysis |
6.3.2 Latvia MRI Systems Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Latvia MRI Systems Market Revenues & Volume, By Diagnostic Centers, 2021- 2031F |
6.3.4 Latvia MRI Systems Market Revenues & Volume, By Ambulatory Surgical Centers, 2021- 2031F |
6.3.5 Latvia MRI Systems Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia MRI Systems Market Import-Export Trade Statistics |
7.1 Latvia MRI Systems Market Export to Major Countries |
7.2 Latvia MRI Systems Market Imports from Major Countries |
8 Latvia MRI Systems Market Key Performance Indicators |
8.1 Average waiting time for MRI scans in Latvia |
8.2 Number of MRI procedures performed annually |
8.3 Adoption rate of advanced MRI technologies in healthcare facilities |
9 Latvia MRI Systems Market - Opportunity Assessment |
9.1 Latvia MRI Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia MRI Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia MRI Systems Market Opportunity Assessment, By End users, 2021 & 2031F |
10 Latvia MRI Systems Market - Competitive Landscape |
10.1 Latvia MRI Systems Market Revenue Share, By Companies, 2024 |
10.2 Latvia MRI Systems 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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