| 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 | |
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.
| 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 |