Latvia Upper Limb Prosthetics Market (2025-2031) | Industry, Segmentation, Outlook, Analysis, Share, Competitive Landscape, Companies, Forecast, Value, Size & Revenue, Growth, Trends

Market Forecast By Component (Prosthetic Arm, Prosthetic Elbow, Prosthetic Wrist, Prosthetic Shoulder, Others), By Type (Passive Prosthetic Devices, Body Powered Prosthetic Devices., Myoelectric Prosthetic Devices, Hybrid Prosthetic Devices), By End-User (Hospitals, Clinics, Others) And Competitive Landscape
Product Code: ETC7923777 Publication Date: Sep 2024 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Latvia Upper Limb Prosthetics Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of upper limb prosthetics to Latvia in 2024 saw a significant increase in growth rate compared to the previous year, with a CAGR of 14.86 from 2020 to 2024. Top exporting countries such as Germany, Lithuania, Poland, Finland, and Belgium contributed to this growth. The market concentration, measured by HHI, decreased from moderate to low in 2024, indicating a more diversified market landscape. This suggests a positive outlook for the upper limb prosthetics market in Latvia, with increasing options for consumers and potentially lower barriers to entry for new players in the industry.

Key Highlights of the Report:

  • Latvia Upper Limb Prosthetics Market Outlook
  • Market Size of Latvia Upper Limb Prosthetics Market, 2024
  • Forecast of Latvia Upper Limb Prosthetics Market, 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Revenues & Volume for the Period 2021- 2031
  • Latvia Upper Limb Prosthetics Market Trend Evolution
  • Latvia Upper Limb Prosthetics Market Drivers and Challenges
  • Latvia Upper Limb Prosthetics Price Trends
  • Latvia Upper Limb Prosthetics Porter's Five Forces
  • Latvia Upper Limb Prosthetics Industry Life Cycle
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By Component for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By Prosthetic Arm for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By Prosthetic Elbow for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By Prosthetic Wrist for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By Prosthetic Shoulder for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By Passive Prosthetic Devices for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By Body Powered Prosthetic Devices. for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By Myoelectric Prosthetic Devices for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By Hybrid Prosthetic Devices for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By End-User for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By Hospitals for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By Clinics for the Period 2021- 2031
  • Historical Data and Forecast of Latvia Upper Limb Prosthetics Market Revenues & Volume By Others for the Period 2021- 2031
  • Latvia Upper Limb Prosthetics Import Export Trade Statistics
  • Market Opportunity Assessment By Component
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End-User
  • Latvia Upper Limb Prosthetics Top Companies Market Share
  • Latvia Upper Limb Prosthetics Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Upper Limb Prosthetics Company Profiles
  • Latvia Upper Limb Prosthetics Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Upper Limb Prosthetics Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Upper Limb Prosthetics Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Upper Limb Prosthetics Market - Industry Life Cycle

3.4 Latvia Upper Limb Prosthetics Market - Porter's Five Forces

3.5 Latvia Upper Limb Prosthetics Market Revenues & Volume Share, By Component, 2021 & 2031F

3.6 Latvia Upper Limb Prosthetics Market Revenues & Volume Share, By Type, 2021 & 2031F

3.7 Latvia Upper Limb Prosthetics Market Revenues & Volume Share, By End-User, 2021 & 2031F

4 Latvia Upper Limb Prosthetics Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Technological advancements in upper limb prosthetics

4.2.2 Increasing prevalence of upper limb disabilities and amputations

4.2.3 Growing awareness about the benefits of upper limb prosthetics

4.3 Market Restraints

4.3.1 High cost associated with upper limb prosthetics

4.3.2 Limited reimbursement policies for prosthetic devices

4.3.3 Lack of skilled professionals in the field of prosthetics

5 Latvia Upper Limb Prosthetics Market Trends

6 Latvia Upper Limb Prosthetics Market, By Types

6.1 Latvia Upper Limb Prosthetics Market, By Component

6.1.1 Overview and Analysis

6.1.2 Latvia Upper Limb Prosthetics Market Revenues & Volume, By Component, 2021- 2031F

6.1.3 Latvia Upper Limb Prosthetics Market Revenues & Volume, By Prosthetic Arm, 2021- 2031F

6.1.4 Latvia Upper Limb Prosthetics Market Revenues & Volume, By Prosthetic Elbow, 2021- 2031F

6.1.5 Latvia Upper Limb Prosthetics Market Revenues & Volume, By Prosthetic Wrist, 2021- 2031F

6.1.6 Latvia Upper Limb Prosthetics Market Revenues & Volume, By Prosthetic Shoulder, 2021- 2031F

6.1.7 Latvia Upper Limb Prosthetics Market Revenues & Volume, By Others, 2021- 2031F

6.2 Latvia Upper Limb Prosthetics Market, By Type

6.2.1 Overview and Analysis

6.2.2 Latvia Upper Limb Prosthetics Market Revenues & Volume, By Passive Prosthetic Devices, 2021- 2031F

6.2.3 Latvia Upper Limb Prosthetics Market Revenues & Volume, By Body Powered Prosthetic Devices., 2021- 2031F

6.2.4 Latvia Upper Limb Prosthetics Market Revenues & Volume, By Myoelectric Prosthetic Devices, 2021- 2031F

6.2.5 Latvia Upper Limb Prosthetics Market Revenues & Volume, By Hybrid Prosthetic Devices, 2021- 2031F

6.3 Latvia Upper Limb Prosthetics Market, By End-User

6.3.1 Overview and Analysis

6.3.2 Latvia Upper Limb Prosthetics Market Revenues & Volume, By Hospitals, 2021- 2031F

6.3.3 Latvia Upper Limb Prosthetics Market Revenues & Volume, By Clinics, 2021- 2031F

6.3.4 Latvia Upper Limb Prosthetics Market Revenues & Volume, By Others, 2021- 2031F

7 Latvia Upper Limb Prosthetics Market Import-Export Trade Statistics

7.1 Latvia Upper Limb Prosthetics Market Export to Major Countries

7.2 Latvia Upper Limb Prosthetics Market Imports from Major Countries

8 Latvia Upper Limb Prosthetics Market Key Performance Indicators

8.1 Average waiting time for upper limb prosthetics fitting

8.2 Patient satisfaction rates with upper limb prosthetics functionality

8.3 Number of successful upper limb prosthetics fittings

8.4 Rate of prosthetic device rejection or need for adjustments

8.5 Percentage of upper limb amputees using prosthetic devices

9 Latvia Upper Limb Prosthetics Market - Opportunity Assessment

9.1 Latvia Upper Limb Prosthetics Market Opportunity Assessment, By Component, 2021 & 2031F

9.2 Latvia Upper Limb Prosthetics Market Opportunity Assessment, By Type, 2021 & 2031F

9.3 Latvia Upper Limb Prosthetics Market Opportunity Assessment, By End-User, 2021 & 2031F

10 Latvia Upper Limb Prosthetics Market - Competitive Landscape

10.1 Latvia Upper Limb Prosthetics Market Revenue Share, By Companies, 2024

10.2 Latvia Upper Limb Prosthetics Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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