| Product Code: ETC7924905 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see significant wound closure import shipments, with top exporters being Estonia, China, Sweden, Germany, and the Netherlands. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a modest compound annual growth rate (CAGR) of 1.62% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -8.63%. This suggests a potential shift or temporary slowdown in the market dynamics for wound closure products in Latvia.

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 Wound Closure Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wound Closure Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wound Closure Market - Industry Life Cycle |
3.4 Latvia Wound Closure Market - Porter's Five Forces |
3.5 Latvia Wound Closure Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Wound Closure Market Revenues & Volume Share, By Wound Type, 2021 & 2031F |
3.7 Latvia Wound Closure Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.8 Latvia Wound Closure Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Wound Closure Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases leading to higher demand for wound closure products |
4.2.2 Technological advancements in wound closure products improving efficiency and outcomes |
4.2.3 Growing geriatric population requiring more wound care and closure solutions |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for approval and commercialization of wound closure products |
4.3.2 Limited reimbursement policies impacting the adoption of advanced wound closure technologies |
4.3.3 High cost associated with innovative wound closure products hindering market growth |
5 Latvia Wound Closure Market Trends |
6 Latvia Wound Closure Market, By Types |
6.1 Latvia Wound Closure Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wound Closure Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Wound Closure Market Revenues & Volume, By Advanced Wound Management Products, 2021- 2031F |
6.1.4 Latvia Wound Closure Market Revenues & Volume, By Surgical Wound Care, 2021- 2031F |
6.1.5 Latvia Wound Closure Market Revenues & Volume, By Traditional or Basic Wound Care, 2021- 2031F |
6.2 Latvia Wound Closure Market, By Wound Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wound Closure Market Revenues & Volume, By Acute Wound, 2021- 2031F |
6.2.3 Latvia Wound Closure Market Revenues & Volume, By Chronic Wound, 2021- 2031F |
6.3 Latvia Wound Closure Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Wound Closure Market Revenues & Volume, By Hospitals and Specialty Wound Clinics, 2021- 2031F |
6.3.3 Latvia Wound Closure Market Revenues & Volume, By Long Term Care Facilities, 2021- 2031F |
6.3.4 Latvia Wound Closure Market Revenues & Volume, By Home Healthcare, 2021- 2031F |
6.4 Latvia Wound Closure Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Wound Closure Market Revenues & Volume, By Adhesives, 2021- 2031F |
6.4.3 Latvia Wound Closure Market Revenues & Volume, By Staples, 2021- 2031F |
6.4.4 Latvia Wound Closure Market Revenues & Volume, By Sutures, 2021- 2031F |
6.4.5 Latvia Wound Closure Market Revenues & Volume, By Mechanical Wound Closure Devices, 2021- 2031F |
7 Latvia Wound Closure Market Import-Export Trade Statistics |
7.1 Latvia Wound Closure Market Export to Major Countries |
7.2 Latvia Wound Closure Market Imports from Major Countries |
8 Latvia Wound Closure Market Key Performance Indicators |
8.1 Average length of hospital stay for wound closure patients |
8.2 Number of wound closure procedures performed in outpatient settings |
8.3 Adoption rate of advanced wound closure technologies in healthcare facilities |
8.4 Rate of post-operative complications related to wound closure procedures |
8.5 Patient satisfaction scores related to wound closure treatment |
9 Latvia Wound Closure Market - Opportunity Assessment |
9.1 Latvia Wound Closure Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Wound Closure Market Opportunity Assessment, By Wound Type, 2021 & 2031F |
9.3 Latvia Wound Closure Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.4 Latvia Wound Closure Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Wound Closure Market - Competitive Landscape |
10.1 Latvia Wound Closure Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wound Closure Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |