| Product Code: ETC7917593 | 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 orthopedic extremity devices import market in Latvia saw significant growth in 2024, with key exporting countries being Germany, Lithuania, Poland, Finland, and Belgium. The market concentration, as measured by HHI, decreased from moderate to low in 2024, indicating a more diverse import market. The impressive CAGR of 14.86% from 2020 to 2024 highlights the increasing demand for orthopedic devices in Latvia. Additionally, the growth rate of 22.55% from 2023 to 2024 suggests a rapid expansion of the market in the country. This trend signifies a promising outlook for the orthopedic device import industry in Latvia.

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 Orthopedic Extremity Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Orthopedic Extremity Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Orthopedic Extremity Devices Market - Industry Life Cycle |
3.4 Latvia Orthopedic Extremity Devices Market - Porter's Five Forces |
3.5 Latvia Orthopedic Extremity Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Orthopedic Extremity Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Orthopedic Extremity Devices Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Orthopedic Extremity Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing incidence of orthopedic disorders and injuries in Latvia |
4.2.2 Growing elderly population in Latvia leading to higher demand for orthopedic extremity devices |
4.2.3 Technological advancements in orthopedic extremity devices improving treatment outcomes |
4.3 Market Restraints |
4.3.1 High cost associated with orthopedic extremity devices limiting market penetration |
4.3.2 Stringent regulatory requirements for approval of orthopedic devices in Latvia |
5 Latvia Orthopedic Extremity Devices Market Trends |
6 Latvia Orthopedic Extremity Devices Market, By Types |
6.1 Latvia Orthopedic Extremity Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Upper Extremity Devices, 2021- 2031F |
6.1.4 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Lower Extremity Devices, 2021- 2031F |
6.1.5 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Spine Orthopedics Devices, 2021- 2031F |
6.1.6 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Arthroscopic Devices, 2021- 2031F |
6.1.7 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Orthobiologics, 2021- 2031F |
6.1.8 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Braces and Support Devices, 2021- 2031F |
6.2 Latvia Orthopedic Extremity Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Hip, 2021- 2031F |
6.2.3 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Knee, 2021- 2031F |
6.2.4 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Spine, 2021- 2031F |
6.2.5 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Dental, 2021- 2031F |
6.2.6 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Craniomaxillofacial, 2021- 2031F |
6.2.7 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Sports Injuries, 2021- 2031F |
6.2.8 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Trauma, 2021- 2031F |
6.2.9 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Trauma, 2021- 2031F |
6.3 Latvia Orthopedic Extremity Devices Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By ASCs, 2021- 2031F |
6.3.4 Latvia Orthopedic Extremity Devices Market Revenues & Volume, By Specialty Orthopedic Centers, 2021- 2031F |
7 Latvia Orthopedic Extremity Devices Market Import-Export Trade Statistics |
7.1 Latvia Orthopedic Extremity Devices Market Export to Major Countries |
7.2 Latvia Orthopedic Extremity Devices Market Imports from Major Countries |
8 Latvia Orthopedic Extremity Devices Market Key Performance Indicators |
8.1 Average selling price (ASP) of orthopedic extremity devices in Latvia |
8.2 Number of orthopedic procedures performed annually in Latvia |
8.3 Adoption rate of minimally invasive orthopedic extremity devices in Latvia |
9 Latvia Orthopedic Extremity Devices Market - Opportunity Assessment |
9.1 Latvia Orthopedic Extremity Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Orthopedic Extremity Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Orthopedic Extremity Devices Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Orthopedic Extremity Devices Market - Competitive Landscape |
10.1 Latvia Orthopedic Extremity Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Orthopedic Extremity Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |