| Product Code: ETC7907341 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of cervical disc prostheses to Latvia saw significant growth in 2024, with top exporting countries being Germany, Lithuania, Poland, Finland, and Belgium. The market concentration, as measured by the Hirschman-Herfindahl Index (HHI), decreased from moderate to low in 2024, indicating a more diversified import market. The compound annual growth rate (CAGR) for the period 2020-2024 was a robust 14.86%, with a notable growth rate of 22.55% from 2023 to 2024, reflecting a strong upward trend in demand for cervical disc prostheses 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 Cervical Disc Prosthesis Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Cervical Disc Prosthesis Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Cervical Disc Prosthesis Market - Industry Life Cycle |
3.4 Latvia Cervical Disc Prosthesis Market - Porter's Five Forces |
3.5 Latvia Cervical Disc Prosthesis Market Revenues & Volume Share, By Disc Type, 2021 & 2031F |
3.6 Latvia Cervical Disc Prosthesis Market Revenues & Volume Share, By Indication, 2021 & 2031F |
3.7 Latvia Cervical Disc Prosthesis Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Latvia Cervical Disc Prosthesis Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Cervical Disc Prosthesis Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Cervical Disc Prosthesis Market Trends |
6 Latvia Cervical Disc Prosthesis Market, By Types |
6.1 Latvia Cervical Disc Prosthesis Market, By Disc Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Cervical Disc Prosthesis Market Revenues & Volume, By Disc Type, 2021- 2031F |
6.1.3 Latvia Cervical Disc Prosthesis Market Revenues & Volume, By Metal-On-Polymer (M-o-P), 2021- 2031F |
6.1.4 Latvia Cervical Disc Prosthesis Market Revenues & Volume, By Metal on Metal (M-o-M), 2021- 2031F |
6.2 Latvia Cervical Disc Prosthesis Market, By Indication |
6.2.1 Overview and Analysis |
6.2.2 Latvia Cervical Disc Prosthesis Market Revenues & Volume, By Myelopathy, 2021- 2031F |
6.2.3 Latvia Cervical Disc Prosthesis Market Revenues & Volume, By Radiculopathy, 2021- 2031F |
6.2.4 Latvia Cervical Disc Prosthesis Market Revenues & Volume, By Neck Pain, 2021- 2031F |
6.3 Latvia Cervical Disc Prosthesis Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Latvia Cervical Disc Prosthesis Market Revenues & Volume, By Stainless Steel, 2021- 2031F |
6.3.3 Latvia Cervical Disc Prosthesis Market Revenues & Volume, By Cobalt Chromium, 2021- 2031F |
6.3.4 Latvia Cervical Disc Prosthesis Market Revenues & Volume, By Titanium, 2021- 2031F |
6.3.5 Latvia Cervical Disc Prosthesis Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Latvia Cervical Disc Prosthesis Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Cervical Disc Prosthesis Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.4.3 Latvia Cervical Disc Prosthesis Market Revenues & Volume, By Orthopedic and Trauma Centers, 2021- 2031F |
6.4.4 Latvia Cervical Disc Prosthesis Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Cervical Disc Prosthesis Market Import-Export Trade Statistics |
7.1 Latvia Cervical Disc Prosthesis Market Export to Major Countries |
7.2 Latvia Cervical Disc Prosthesis Market Imports from Major Countries |
8 Latvia Cervical Disc Prosthesis Market Key Performance Indicators |
9 Latvia Cervical Disc Prosthesis Market - Opportunity Assessment |
9.1 Latvia Cervical Disc Prosthesis Market Opportunity Assessment, By Disc Type, 2021 & 2031F |
9.2 Latvia Cervical Disc Prosthesis Market Opportunity Assessment, By Indication, 2021 & 2031F |
9.3 Latvia Cervical Disc Prosthesis Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Latvia Cervical Disc Prosthesis Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Cervical Disc Prosthesis Market - Competitive Landscape |
10.1 Latvia Cervical Disc Prosthesis Market Revenue Share, By Companies, 2024 |
10.2 Latvia Cervical Disc Prosthesis 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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