| Product Code: ETC10876981 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia continues to see a strong demand for surgical sealants and adhesives with top import countries being Belgium, Spain, Bulgaria, Germany, and Lithuania in 2024. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 11.78%, showcasing a healthy market expansion. Moreover, the growth rate from 2023 to 2024 surged by 23.47%, suggesting a significant uptick in demand for these medical products in Latvia. This data indicates a promising outlook for the surgical sealants and adhesives market 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 Surgical Sealants and Adhesives Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Surgical Sealants and Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Surgical Sealants and Adhesives Market - Industry Life Cycle |
3.4 Latvia Surgical Sealants and Adhesives Market - Porter's Five Forces |
3.5 Latvia Surgical Sealants and Adhesives Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Surgical Sealants and Adhesives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Surgical Sealants and Adhesives Market Revenues & Volume Share, By Composition, 2021 & 2031F |
3.8 Latvia Surgical Sealants and Adhesives Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Surgical Sealants and Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing number of surgeries and procedures in Latvia |
4.2.2 Growing awareness about the benefits of surgical sealants and adhesives |
4.2.3 Technological advancements leading to the development of innovative products |
4.3 Market Restraints |
4.3.1 High cost associated with surgical sealants and adhesives |
4.3.2 Stringent regulatory requirements for product approval |
4.3.3 Limited reimbursement options for patients using these products |
5 Latvia Surgical Sealants and Adhesives Market Trends |
6 Latvia Surgical Sealants and Adhesives Market, By Types |
6.1 Latvia Surgical Sealants and Adhesives Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Surgical Sealants and Adhesives Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Surgical Sealants and Adhesives Market Revenues & Volume, By Fibrin Sealants, 2021 - 2031F |
6.1.4 Latvia Surgical Sealants and Adhesives Market Revenues & Volume, By Synthetic Adhesives, 2021 - 2031F |
6.1.5 Latvia Surgical Sealants and Adhesives Market Revenues & Volume, By Cyanoacrylatebased Adhesives, 2021 - 2031F |
6.2 Latvia Surgical Sealants and Adhesives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Surgical Sealants and Adhesives Market Revenues & Volume, By Hemostasis, 2021 - 2031F |
6.2.3 Latvia Surgical Sealants and Adhesives Market Revenues & Volume, By Tissue Sealing, 2021 - 2031F |
6.2.4 Latvia Surgical Sealants and Adhesives Market Revenues & Volume, By Wound Closure, 2021 - 2031F |
6.3 Latvia Surgical Sealants and Adhesives Market, By Composition |
6.3.1 Overview and Analysis |
6.3.2 Latvia Surgical Sealants and Adhesives Market Revenues & Volume, By Natural/Biological, 2021 - 2031F |
6.3.3 Latvia Surgical Sealants and Adhesives Market Revenues & Volume, By Synthetic, 2021 - 2031F |
6.3.4 Latvia Surgical Sealants and Adhesives Market Revenues & Volume, By Semisynthetic, 2021 - 2031F |
6.4 Latvia Surgical Sealants and Adhesives Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Surgical Sealants and Adhesives Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.4.3 Latvia Surgical Sealants and Adhesives Market Revenues & Volume, By Clinics, 2021 - 2031F |
6.4.4 Latvia Surgical Sealants and Adhesives Market Revenues & Volume, By Ambulatory Surgical Centers, 2021 - 2031F |
7 Latvia Surgical Sealants and Adhesives Market Import-Export Trade Statistics |
7.1 Latvia Surgical Sealants and Adhesives Market Export to Major Countries |
7.2 Latvia Surgical Sealants and Adhesives Market Imports from Major Countries |
8 Latvia Surgical Sealants and Adhesives Market Key Performance Indicators |
8.1 Adoption rate of new surgical sealants and adhesives in the Latvian healthcare sector |
8.2 Number of research and development initiatives focused on improving surgical sealants and adhesives |
8.3 Rate of complications or side effects associated with the use of surgical sealants and adhesives in surgeries |
9 Latvia Surgical Sealants and Adhesives Market - Opportunity Assessment |
9.1 Latvia Surgical Sealants and Adhesives Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Surgical Sealants and Adhesives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Surgical Sealants and Adhesives Market Opportunity Assessment, By Composition, 2021 & 2031F |
9.4 Latvia Surgical Sealants and Adhesives Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Surgical Sealants and Adhesives Market - Competitive Landscape |
10.1 Latvia Surgical Sealants and Adhesives Market Revenue Share, By Companies, 2024 |
10.2 Latvia Surgical Sealants and Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |