| Product Code: ETC5393204 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw a steady increase in orthodontics import shipments with top exporters including Lithuania, Switzerland, Germany, USA, and Austria. Despite the diverse range of countries, the Herfindahl-Hirschman Index (HHI) indicated low market concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was a positive 6.79%, demonstrating a healthy expansion of the market. However, there was a slight decline in growth rate from 2023 to 2024 at -8.33%, suggesting a potential shift in market dynamics that importers should monitor closely.

By 2027, the Orthodontics market in Latvia is anticipated to reach a growth rate of 3.17%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Orthodontics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Orthodontics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Orthodontics Market - Industry Life Cycle |
3.4 Latvia Orthodontics Market - Porter's Five Forces |
3.5 Latvia Orthodontics Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Latvia Orthodontics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about dental aesthetics and the importance of orthodontic treatment |
4.2.2 Growing disposable income and willingness to spend on healthcare and cosmetic procedures |
4.2.3 Technological advancements leading to more efficient and effective orthodontic treatments |
4.3 Market Restraints |
4.3.1 High cost associated with orthodontic treatments leading to limited accessibility for some segments of the population |
4.3.2 Lack of skilled orthodontic professionals in certain regions of Latvia |
4.3.3 Cultural factors and societal norms influencing attitudes towards orthodontic treatment |
5 Latvia Orthodontics Market Trends |
6 Latvia Orthodontics Market Segmentations |
6.1 Latvia Orthodontics Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Orthodontics Market Revenues & Volume, By Instruments, 2021-2031F |
6.1.3 Latvia Orthodontics Market Revenues & Volume, By Supplies, 2021-2031F |
7 Latvia Orthodontics Market Import-Export Trade Statistics |
7.1 Latvia Orthodontics Market Export to Major Countries |
7.2 Latvia Orthodontics Market Imports from Major Countries |
8 Latvia Orthodontics Market Key Performance Indicators |
8.1 Average waiting time for orthodontic appointments |
8.2 Patient satisfaction rate with orthodontic treatment outcomes |
8.3 Number of orthodontic clinics offering specialized services |
8.4 Percentage of population undergoing orthodontic treatment |
8.5 Rate of adoption of new orthodontic technologies and techniques |
9 Latvia Orthodontics Market - Opportunity Assessment |
9.1 Latvia Orthodontics Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Latvia Orthodontics Market - Competitive Landscape |
10.1 Latvia Orthodontics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Orthodontics 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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