| Product Code: ETC7918120 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to import patient mechanical lift handling equipment primarily from Sweden, Germany, Italy, Czechia, and China. Despite a decrease in growth rate from the previous year, the market concentration remained high, indicating a competitive landscape among the top exporting countries. With a modest compound annual growth rate of 2.75% from 2020 to 2024, the market for these imports in Latvia shows steady but slightly declining growth. Stakeholders should closely monitor market dynamics and competitive strategies to capitalize on opportunities 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 Patient Mechanical Lift Handling Equipment Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Patient Mechanical Lift Handling Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Patient Mechanical Lift Handling Equipment Market - Industry Life Cycle |
3.4 Latvia Patient Mechanical Lift Handling Equipment Market - Porter's Five Forces |
3.5 Latvia Patient Mechanical Lift Handling Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Patient Mechanical Lift Handling Equipment Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Patient Mechanical Lift Handling Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing geriatric population in Latvia leading to higher demand for patient mechanical lift handling equipment |
4.2.2 Rising awareness about the benefits of using mechanical lift handling equipment for patient safety and injury prevention |
4.2.3 Technological advancements in patient mechanical lift handling equipment improving efficiency and safety |
4.3 Market Restraints |
4.3.1 High initial cost of patient mechanical lift handling equipment may limit adoption rate |
4.3.2 Limited healthcare budget allocation by the government affecting the purchasing power of healthcare facilities |
5 Latvia Patient Mechanical Lift Handling Equipment Market Trends |
6 Latvia Patient Mechanical Lift Handling Equipment Market, By Types |
6.1 Latvia Patient Mechanical Lift Handling Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Patient Mechanical Lift Handling Equipment Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Patient Mechanical Lift Handling Equipment Market Revenues & Volume, By Stand Up & Raising Lifts/Aids, 2021- 2031F |
6.1.4 Latvia Patient Mechanical Lift Handling Equipment Market Revenues & Volume, By Overhead/Ceiling Lifts, 2021- 2031F |
6.1.5 Latvia Patient Mechanical Lift Handling Equipment Market Revenues & Volume, By Floor-Based Lifts, 2021- 2031F |
6.1.6 Latvia Patient Mechanical Lift Handling Equipment Market Revenues & Volume, By Gantry Lifts, 2021- 2031F |
6.1.7 Latvia Patient Mechanical Lift Handling Equipment Market Revenues & Volume, By Powered Sit-to-stand Lifts, 2021- 2031F |
6.1.8 Latvia Patient Mechanical Lift Handling Equipment Market Revenues & Volume, By Bath Patient Lifters, 2021- 2031F |
6.2 Latvia Patient Mechanical Lift Handling Equipment Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Patient Mechanical Lift Handling Equipment Market Revenues & Volume, By Homecare, 2021- 2031F |
6.2.3 Latvia Patient Mechanical Lift Handling Equipment Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.4 Latvia Patient Mechanical Lift Handling Equipment Market Revenues & Volume, By Elderly Care Homes, 2021- 2031F |
6.2.5 Latvia Patient Mechanical Lift Handling Equipment Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Patient Mechanical Lift Handling Equipment Market Import-Export Trade Statistics |
7.1 Latvia Patient Mechanical Lift Handling Equipment Market Export to Major Countries |
7.2 Latvia Patient Mechanical Lift Handling Equipment Market Imports from Major Countries |
8 Latvia Patient Mechanical Lift Handling Equipment Market Key Performance Indicators |
8.1 Percentage increase in the number of healthcare facilities using patient mechanical lift handling equipment |
8.2 Average time saved in patient handling tasks with the use of mechanical lift equipment |
8.3 Number of reported incidents of patient injuries during handling procedures before and after the implementation of mechanical lift equipment |
9 Latvia Patient Mechanical Lift Handling Equipment Market - Opportunity Assessment |
9.1 Latvia Patient Mechanical Lift Handling Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Patient Mechanical Lift Handling Equipment Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Patient Mechanical Lift Handling Equipment Market - Competitive Landscape |
10.1 Latvia Patient Mechanical Lift Handling Equipment Market Revenue Share, By Companies, 2024 |
10.2 Latvia Patient Mechanical Lift Handling Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |