| Product Code: ETC4725012 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to see a significant reliance on surgical suture imports, with top exporting countries being Belgium, Spain, Bulgaria, Germany, and Lithuania. The high Herfindahl-Hirschman Index (HHI) indicates a concentration of market share among these countries. The impressive Compound Annual Growth Rate (CAGR) of 10.9% from 2020 to 2024 highlights a steady increase in demand. Moreover, the notable growth rate of 22.08% from 2023 to 2024 suggests a rapid expansion in the market for surgical sutures in Latvia, showcasing opportunities for both domestic and international suppliers.

By 2027, Latvia's Surgical Sutures market is forecasted to achieve a stable growth rate of 2.85%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Sutures Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Surgical Sutures Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Surgical Sutures Market - Industry Life Cycle |
3.4 Latvia Surgical Sutures Market - Porter's Five Forces |
3.5 Latvia Surgical Sutures Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Surgical Sutures Market Revenues & Volume Share, By Filament, 2021 & 2031F |
3.7 Latvia Surgical Sutures Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Surgical Sutures Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Surgical Sutures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing number of surgical procedures in Latvia |
4.2.2 Growing prevalence of chronic diseases requiring surgical interventions |
4.2.3 Advancements in surgical techniques and technologies |
4.3 Market Restraints |
4.3.1 Price competition among surgical suture manufacturers |
4.3.2 Stringent regulatory requirements for product approval |
4.3.3 Limited healthcare infrastructure in certain regions of Latvia |
5 Latvia Surgical Sutures Market Trends |
6 Latvia Surgical Sutures Market Segmentations |
6.1 Latvia Surgical Sutures Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Surgical Sutures Market Revenues & Volume, By Absorbable, 2021-2031F |
6.1.3 Latvia Surgical Sutures Market Revenues & Volume, By Nonabsorbable, 2021-2031F |
6.2 Latvia Surgical Sutures Market, By Filament |
6.2.1 Overview and Analysis |
6.2.2 Latvia Surgical Sutures Market Revenues & Volume, By Monovalent, 2021-2031F |
6.2.3 Latvia Surgical Sutures Market Revenues & Volume, By Multivalent, 2021-2031F |
6.3 Latvia Surgical Sutures Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Surgical Sutures Market Revenues & Volume, By Ophthalmic Surgery, 2021-2031F |
6.3.3 Latvia Surgical Sutures Market Revenues & Volume, By Cardiovascular Surgery, 2021-2031F |
6.3.4 Latvia Surgical Sutures Market Revenues & Volume, By Orthopedic Surgery, 2021-2031F |
6.3.5 Latvia Surgical Sutures Market Revenues & Volume, By Neurological Surgery, 2021-2031F |
6.3.6 Latvia Surgical Sutures Market Revenues & Volume, By Others, 2021-2031F |
6.4 Latvia Surgical Sutures Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Surgical Sutures Market Revenues & Volume, By Hospitals, 2021-2031F |
6.4.3 Latvia Surgical Sutures Market Revenues & Volume, By Ambulatory Surgical Centers and Clinics, 2021-2031F |
7 Latvia Surgical Sutures Market Import-Export Trade Statistics |
7.1 Latvia Surgical Sutures Market Export to Major Countries |
7.2 Latvia Surgical Sutures Market Imports from Major Countries |
8 Latvia Surgical Sutures Market Key Performance Indicators |
8.1 Adoption rate of innovative surgical suture materials |
8.2 Average length of hospital stay post-surgery |
8.3 Rate of post-operative complications |
8.4 Customer satisfaction with surgical suture products |
8.5 Number of partnerships with healthcare facilities for product distribution |
9 Latvia Surgical Sutures Market - Opportunity Assessment |
9.1 Latvia Surgical Sutures Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Surgical Sutures Market Opportunity Assessment, By Filament, 2021 & 2031F |
9.3 Latvia Surgical Sutures Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Surgical Sutures Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Surgical Sutures Market - Competitive Landscape |
10.1 Latvia Surgical Sutures Market Revenue Share, By Companies, 2024 |
10.2 Latvia Surgical Sutures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |