| Product Code: ETC7924915 | 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 saw consistent import shipments of wound management devices, with top exporters including Estonia, China, Sweden, Germany, and the Netherlands. Despite a slight decline in growth rate from 2023 to 2024, the overall compound annual growth rate (CAGR) from 2020 to 2024 remained positive at 1.62%. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape, suggesting continued opportunities for market players to innovate and differentiate their offerings in Latvia`s wound management device sector.

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 Management Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wound Management Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wound Management Devices Market - Industry Life Cycle |
3.4 Latvia Wound Management Devices Market - Porter's Five Forces |
3.5 Latvia Wound Management Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Wound Management Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Wound Management Devices Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Wound Management Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic wounds and diabetes in Latvia |
4.2.2 Growing geriatric population leading to higher demand for wound management devices |
4.2.3 Technological advancements in wound care products and devices |
4.3 Market Restraints |
4.3.1 Limited healthcare infrastructure in certain regions of Latvia |
4.3.2 High cost associated with advanced wound management devices |
4.3.3 Lack of awareness and education about wound care among patients and healthcare providers |
5 Latvia Wound Management Devices Market Trends |
6 Latvia Wound Management Devices Market, By Types |
6.1 Latvia Wound Management Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wound Management Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Wound Management Devices Market Revenues & Volume, By Therapy Devices, 2021- 2031F |
6.1.4 Latvia Wound Management Devices Market Revenues & Volume, By Wound closure Devices, 2021- 2031F |
6.1.5 Latvia Wound Management Devices Market Revenues & Volume, By Other Devices, 2021- 2031F |
6.2 Latvia Wound Management Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wound Management Devices Market Revenues & Volume, By Burns, 2021- 2031F |
6.2.3 Latvia Wound Management Devices Market Revenues & Volume, By Diabetic Foot Ulcers, 2021- 2031F |
6.2.4 Latvia Wound Management Devices Market Revenues & Volume, By Pressure ulcers, 2021- 2031F |
6.2.5 Latvia Wound Management Devices Market Revenues & Volume, By Surgical wounds, 2021- 2031F |
6.2.6 Latvia Wound Management Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Wound Management Devices Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Wound Management Devices Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Latvia Wound Management Devices Market Revenues & Volume, By Clinics, 2021- 2031F |
6.3.4 Latvia Wound Management Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Wound Management Devices Market Import-Export Trade Statistics |
7.1 Latvia Wound Management Devices Market Export to Major Countries |
7.2 Latvia Wound Management Devices Market Imports from Major Countries |
8 Latvia Wound Management Devices Market Key Performance Indicators |
8.1 Average length of hospital stay for patients with chronic wounds |
8.2 Number of wound care clinics and specialized centers in Latvia |
8.3 Percentage of healthcare professionals trained in advanced wound management techniques |
9 Latvia Wound Management Devices Market - Opportunity Assessment |
9.1 Latvia Wound Management Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Wound Management Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Wound Management Devices Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Wound Management Devices Market - Competitive Landscape |
10.1 Latvia Wound Management Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wound Management Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |