| Product Code: ETC13048885 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of Ozempic to Latvia in 2024 primarily saw contributions from Lithuania, Netherlands, Switzerland, Poland, and Germany. With a low Herfindahl-Hirschman Index (HHI) indicating a dispersed market, the Compound Annual Growth Rate (CAGR) between 2020-24 stood at a promising 8.6%. Furthermore, the growth rate from 2023-24 showed a solid increase of 7.03%, reflecting a positive trend in the demand for Ozempic within the Latvian market.

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 Ozempic Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Ozempic Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Ozempic Market - Industry Life Cycle |
3.4 Latvia Ozempic Market - Porter's Five Forces |
3.5 Latvia Ozempic Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Ozempic Market Revenues & Volume Share, By Dosage Form, 2021 & 2031F |
3.7 Latvia Ozempic Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Ozempic Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Ozempic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of diabetes in Latvia |
4.2.2 Growing awareness about the benefits of Ozempic in managing diabetes |
4.2.3 Favorable government initiatives to promote diabetes management and treatment |
4.3 Market Restraints |
4.3.1 High cost of Ozempic compared to other diabetes medications |
4.3.2 Limited accessibility to healthcare services in certain regions of Latvia |
5 Latvia Ozempic Market Trends |
6 Latvia Ozempic Market, By Types |
6.1 Latvia Ozempic Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Ozempic Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Ozempic Market Revenues & Volume, By Injectable Solution, 2021 - 2031F |
6.1.4 Latvia Ozempic Market Revenues & Volume, By Pre-Filled Pens, 2021 - 2031F |
6.1.5 Latvia Ozempic Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Ozempic Market, By Dosage Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Ozempic Market Revenues & Volume, By 0.25mg, 0.5mg, 1mg, 2021 - 2031F |
6.2.3 Latvia Ozempic Market Revenues & Volume, By Multi-Dose, 2021 - 2031F |
6.3 Latvia Ozempic Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Ozempic Market Revenues & Volume, By Type 2 Diabetes Treatment, 2021 - 2031F |
6.3.3 Latvia Ozempic Market Revenues & Volume, By Weight Management, 2021 - 2031F |
6.4 Latvia Ozempic Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Latvia Ozempic Market Revenues & Volume, By Hospital Pharmacies, 2021 - 2031F |
6.4.3 Latvia Ozempic Market Revenues & Volume, By Retail Pharmacies, 2021 - 2031F |
6.4.4 Latvia Ozempic Market Revenues & Volume, By Online Pharmacies, 2021 - 2031F |
7 Latvia Ozempic Market Import-Export Trade Statistics |
7.1 Latvia Ozempic Market Export to Major Countries |
7.2 Latvia Ozempic Market Imports from Major Countries |
8 Latvia Ozempic Market Key Performance Indicators |
8.1 Patient adherence rate to Ozempic treatment |
8.2 Number of healthcare providers prescribing Ozempic |
8.3 Average time taken for patients to achieve target HbA1c levels |
9 Latvia Ozempic Market - Opportunity Assessment |
9.1 Latvia Ozempic Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Ozempic Market Opportunity Assessment, By Dosage Form, 2021 & 2031F |
9.3 Latvia Ozempic Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Ozempic Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Ozempic Market - Competitive Landscape |
10.1 Latvia Ozempic Market Revenue Share, By Companies, 2024 |
10.2 Latvia Ozempic 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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