| Product Code: ETC10325941 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Latvia continued to see significant imports of spinal implants and devices, with top exporters being Germany, Finland, Poland, Lithuania, and the Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 11.72% from 2020 to 2024 highlights the increasing demand for spinal implants in Latvia. Moreover, the growth rate of 11.54% from 2023 to 2024 suggests a sustained upward trend in imports, signaling a thriving market for spinal devices in the country.

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 Spinal Implants Spinal Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Spinal Implants Spinal Devices Market - Industry Life Cycle |
3.4 Latvia Spinal Implants Spinal Devices Market - Porter's Five Forces |
3.5 Latvia Spinal Implants Spinal Devices Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Latvia Spinal Implants Spinal Devices Market Revenues & Volume Share, By Implant Type, 2021 & 2031F |
3.7 Latvia Spinal Implants Spinal Devices Market Revenues & Volume Share, By Surgery Type, 2021 & 2031F |
3.8 Latvia Spinal Implants Spinal Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Latvia Spinal Implants Spinal Devices Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Latvia Spinal Implants Spinal Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Spinal Implants Spinal Devices Market Trends |
6 Latvia Spinal Implants Spinal Devices Market, By Types |
6.1 Latvia Spinal Implants Spinal Devices Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Device Type, 2021 - 2031F |
6.1.3 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Spinal Rods, 2021 - 2031F |
6.1.4 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Spinal Cages, 2021 - 2031F |
6.1.5 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Spinal Plates, 2021 - 2031F |
6.1.6 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Spinal Screws, 2021 - 2031F |
6.2 Latvia Spinal Implants Spinal Devices Market, By Implant Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Spinal Implants, 2021 - 2031F |
6.2.3 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Bone Screws, 2021 - 2031F |
6.2.4 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Bone Grafts, 2021 - 2031F |
6.2.5 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Biocompatible Materials, 2021 - 2031F |
6.3 Latvia Spinal Implants Spinal Devices Market, By Surgery Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Fusion Surgery, 2021 - 2031F |
6.3.3 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Minimally Invasive, 2021 - 2031F |
6.3.4 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Posterior Surgery, 2021 - 2031F |
6.3.5 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Anterior Surgery, 2021 - 2031F |
6.4 Latvia Spinal Implants Spinal Devices Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.4.3 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Clinics, 2021 - 2031F |
6.4.4 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Rehabilitation Centers, 2021 - 2031F |
6.4.5 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Research Centers, 2021 - 2031F |
6.5 Latvia Spinal Implants Spinal Devices Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Robotic Surgery, 2021 - 2031F |
6.5.3 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By 3D Printed Devices, 2021 - 2031F |
6.5.4 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Computer assisted Surgery, 2021 - 2031F |
6.5.5 Latvia Spinal Implants Spinal Devices Market Revenues & Volume, By Augmented Reality, 2021 - 2031F |
7 Latvia Spinal Implants Spinal Devices Market Import-Export Trade Statistics |
7.1 Latvia Spinal Implants Spinal Devices Market Export to Major Countries |
7.2 Latvia Spinal Implants Spinal Devices Market Imports from Major Countries |
8 Latvia Spinal Implants Spinal Devices Market Key Performance Indicators |
9 Latvia Spinal Implants Spinal Devices Market - Opportunity Assessment |
9.1 Latvia Spinal Implants Spinal Devices Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Latvia Spinal Implants Spinal Devices Market Opportunity Assessment, By Implant Type, 2021 & 2031F |
9.3 Latvia Spinal Implants Spinal Devices Market Opportunity Assessment, By Surgery Type, 2021 & 2031F |
9.4 Latvia Spinal Implants Spinal Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Latvia Spinal Implants Spinal Devices Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Latvia Spinal Implants Spinal Devices Market - Competitive Landscape |
10.1 Latvia Spinal Implants Spinal Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Spinal Implants Spinal Devices 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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