| Product Code: ETC7924907 | 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 rely on imports of wound closure strips, with top exporting countries including Estonia, China, Sweden, Germany, and the Netherlands. The market remained 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 decline in growth from 2023 to 2024, with a negative growth rate of -8.63%. This suggests potential challenges or shifts in the market dynamics that importers and stakeholders should monitor closely.

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 Strips Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wound Closure Strips Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wound Closure Strips Market - Industry Life Cycle |
3.4 Latvia Wound Closure Strips Market - Porter's Five Forces |
3.5 Latvia Wound Closure Strips Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Wound Closure Strips Market Revenues & Volume Share, By Sterility, 2021 & 2031F |
3.7 Latvia Wound Closure Strips Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Wound Closure Strips Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing number of surgical procedures in Latvia |
4.2.2 Growing awareness about wound closure strips as a convenient alternative to traditional sutures |
4.2.3 Rising prevalence of chronic wounds and injuries requiring wound closure solutions |
4.3 Market Restraints |
4.3.1 Limited reimbursement policies for wound closure products in Latvia |
4.3.2 Presence of alternative wound closure methods impacting the adoption of wound closure strips |
5 Latvia Wound Closure Strips Market Trends |
6 Latvia Wound Closure Strips Market, By Types |
6.1 Latvia Wound Closure Strips Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wound Closure Strips Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Wound Closure Strips Market Revenues & Volume, By Flexible, 2021- 2031F |
6.1.4 Latvia Wound Closure Strips Market Revenues & Volume, By Reinforced, 2021- 2031F |
6.2 Latvia Wound Closure Strips Market, By Sterility |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wound Closure Strips Market Revenues & Volume, By Sterile, 2021- 2031F |
6.2.3 Latvia Wound Closure Strips Market Revenues & Volume, By Non-Sterile, 2021- 2031F |
6.3 Latvia Wound Closure Strips Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Wound Closure Strips Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Latvia Wound Closure Strips Market Revenues & Volume, By Households, 2021- 2031F |
6.3.4 Latvia Wound Closure Strips Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Wound Closure Strips Market Import-Export Trade Statistics |
7.1 Latvia Wound Closure Strips Market Export to Major Countries |
7.2 Latvia Wound Closure Strips Market Imports from Major Countries |
8 Latvia Wound Closure Strips Market Key Performance Indicators |
8.1 Average number of surgical procedures performed annually in Latvia |
8.2 Adoption rate of wound closure strips among healthcare providers in Latvia |
8.3 Frequency of chronic wounds and injuries requiring wound closure treatment in the Latvian population |
9 Latvia Wound Closure Strips Market - Opportunity Assessment |
9.1 Latvia Wound Closure Strips Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Wound Closure Strips Market Opportunity Assessment, By Sterility, 2021 & 2031F |
9.3 Latvia Wound Closure Strips Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Wound Closure Strips Market - Competitive Landscape |
10.1 Latvia Wound Closure Strips Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wound Closure Strips Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |