| Product Code: ETC12687930 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Lithuania continued to rely on top exporters such as Germany, Netherlands, and Belgium for its medtech import shipments. The market remained diversified with low concentration, indicating a healthy competitive landscape. However, the industry experienced a significant decline with a negative CAGR of -9.93% from 2020 to 2024, and a sharp drop in growth rate of -30.78% from 2023 to 2024. This trend suggests a challenging environment for the medtech sector in Lithuania, highlighting the need for strategic adjustments and innovative solutions to drive future growth.

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 Lithuania MedTech Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania MedTech Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania MedTech Market - Industry Life Cycle |
3.4 Lithuania MedTech Market - Porter's Five Forces |
3.5 Lithuania MedTech Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Lithuania MedTech Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Lithuania MedTech Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.8 Lithuania MedTech Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Lithuania MedTech Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing healthcare expenditure in Lithuania |
4.2.2 Technological advancements in the medtech industry |
4.2.3 Growing demand for minimally invasive procedures in healthcare |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for medtech products |
4.3.2 Limited access to funding for research and development in the medtech sector |
5 Lithuania MedTech Market Trends |
6 Lithuania MedTech Market, By Types |
6.1 Lithuania MedTech Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania MedTech Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Lithuania MedTech Market Revenues & Volume, By Diagnostic Devices, 2021 - 2031F |
6.1.4 Lithuania MedTech Market Revenues & Volume, By Therapeutic Devices, 2021 - 2031F |
6.1.5 Lithuania MedTech Market Revenues & Volume, By Monitoring Devices, 2021 - 2031F |
6.1.6 Lithuania MedTech Market Revenues & Volume, By Supportive Devices, 2021 - 2031F |
6.2 Lithuania MedTech Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Lithuania MedTech Market Revenues & Volume, By Imaging Systems, 2021 - 2031F |
6.2.3 Lithuania MedTech Market Revenues & Volume, By Surgical Instruments, 2021 - 2031F |
6.2.4 Lithuania MedTech Market Revenues & Volume, By Wearable Health Tech, 2021 - 2031F |
6.2.5 Lithuania MedTech Market Revenues & Volume, By Prosthetics, 2021 - 2031F |
6.3 Lithuania MedTech Market, By Application Area |
6.3.1 Overview and Analysis |
6.3.2 Lithuania MedTech Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.3.3 Lithuania MedTech Market Revenues & Volume, By Clinics, 2021 - 2031F |
6.3.4 Lithuania MedTech Market Revenues & Volume, By Home Care, 2021 - 2031F |
6.3.5 Lithuania MedTech Market Revenues & Volume, By Rehabilitation Centers, 2021 - 2031F |
6.4 Lithuania MedTech Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Lithuania MedTech Market Revenues & Volume, By Healthcare Providers, 2021 - 2031F |
6.4.3 Lithuania MedTech Market Revenues & Volume, By Medical Professionals, 2021 - 2031F |
6.4.4 Lithuania MedTech Market Revenues & Volume, By Patients, 2021 - 2031F |
6.4.5 Lithuania MedTech Market Revenues & Volume, By Elderly, 2021 - 2031F |
7 Lithuania MedTech Market Import-Export Trade Statistics |
7.1 Lithuania MedTech Market Export to Major Countries |
7.2 Lithuania MedTech Market Imports from Major Countries |
8 Lithuania MedTech Market Key Performance Indicators |
8.1 Adoption rate of new medtech technologies in Lithuania |
8.2 Number of partnerships and collaborations between medtech companies and healthcare providers in Lithuania |
8.3 Rate of reimbursement for medtech products by healthcare insurance providers in Lithuania |
9 Lithuania MedTech Market - Opportunity Assessment |
9.1 Lithuania MedTech Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Lithuania MedTech Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Lithuania MedTech Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.4 Lithuania MedTech Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Lithuania MedTech Market - Competitive Landscape |
10.1 Lithuania MedTech Market Revenue Share, By Companies, 2024 |
10.2 Lithuania MedTech Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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