| Product Code: ETC7912846 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to see a high concentration of hernia mesh devices imports, with top exporting countries being Estonia, China, Sweden, Germany, and Netherlands. Despite a modest CAGR of 1.62% from 2020 to 2024, the growth rate took a downturn in 2024 with a -8.63% decrease compared to the previous year. This suggests a fluctuating market demand or potential shifts in supply chain dynamics impacting the import of hernia mesh devices in Latvia. Monitoring these trends closely will be crucial for stakeholders in the industry.

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 Hernia Mesh Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Hernia Mesh Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Hernia Mesh Devices Market - Industry Life Cycle |
3.4 Latvia Hernia Mesh Devices Market - Porter's Five Forces |
3.5 Latvia Hernia Mesh Devices Market Revenues & Volume Share, By Hernia Type, 2021 & 2031F |
3.6 Latvia Hernia Mesh Devices Market Revenues & Volume Share, By Mesh Type, 2021 & 2031F |
4 Latvia Hernia Mesh Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of hernia cases in Latvia |
4.2.2 Technological advancements in hernia mesh devices |
4.2.3 Growing awareness about the benefits of hernia mesh devices |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for approval of hernia mesh devices |
4.3.2 High cost associated with hernia mesh devices |
4.3.3 Potential risks and complications associated with hernia mesh surgeries |
5 Latvia Hernia Mesh Devices Market Trends |
6 Latvia Hernia Mesh Devices Market, By Types |
6.1 Latvia Hernia Mesh Devices Market, By Hernia Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Hernia Mesh Devices Market Revenues & Volume, By Hernia Type, 2021- 2031F |
6.1.3 Latvia Hernia Mesh Devices Market Revenues & Volume, By Inguinal Hernia, 2021- 2031F |
6.1.4 Latvia Hernia Mesh Devices Market Revenues & Volume, By Incisional Hernia, 2021- 2031F |
6.1.5 Latvia Hernia Mesh Devices Market Revenues & Volume, By Femoral Hernia, 2021- 2031F |
6.1.6 Latvia Hernia Mesh Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Hernia Mesh Devices Market, By Mesh Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Hernia Mesh Devices Market Revenues & Volume, By Biologic Mesh, 2021- 2031F |
6.2.3 Latvia Hernia Mesh Devices Market Revenues & Volume, By Synthetic Mesh, 2021- 2031F |
7 Latvia Hernia Mesh Devices Market Import-Export Trade Statistics |
7.1 Latvia Hernia Mesh Devices Market Export to Major Countries |
7.2 Latvia Hernia Mesh Devices Market Imports from Major Countries |
8 Latvia Hernia Mesh Devices Market Key Performance Indicators |
8.1 Number of hernia surgeries performed using mesh devices |
8.2 Adoption rate of laparoscopic hernia repair procedures |
8.3 Patient satisfaction rates post hernia mesh device implantation |
9 Latvia Hernia Mesh Devices Market - Opportunity Assessment |
9.1 Latvia Hernia Mesh Devices Market Opportunity Assessment, By Hernia Type, 2021 & 2031F |
9.2 Latvia Hernia Mesh Devices Market Opportunity Assessment, By Mesh Type, 2021 & 2031F |
10 Latvia Hernia Mesh Devices Market - Competitive Landscape |
10.1 Latvia Hernia Mesh Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Hernia Mesh Devices 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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