| Product Code: ETC7913940 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Latvia knee braces import market experienced a significant increase in diversity with top exporting countries including Germany, Lithuania, Poland, Finland, and Belgium in 2024. The market concentration, as measured by the HHI, decreased from moderate to low concentration, indicating a more competitive landscape. The impressive CAGR of 14.86% from 2020 to 2024 and a notable growth rate of 22.55% from 2023 to 2024 suggest a growing demand for knee braces in Latvia, presenting opportunities for both domestic and international suppliers to capitalize on this expanding market.

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 Knee Braces Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Knee Braces Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Knee Braces Market - Industry Life Cycle |
3.4 Latvia Knee Braces Market - Porter's Five Forces |
3.5 Latvia Knee Braces Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Knee Braces Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Knee Braces Market Revenues & Volume Share, By Delivery Channel, 2021 & 2031F |
4 Latvia Knee Braces Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Knee Braces Market Trends |
6 Latvia Knee Braces Market, By Types |
6.1 Latvia Knee Braces Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Knee Braces Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Knee Braces Market Revenues & Volume, By Prophylactic, 2021- 2031F |
6.1.4 Latvia Knee Braces Market Revenues & Volume, By Functional, 2021- 2031F |
6.1.5 Latvia Knee Braces Market Revenues & Volume, By Rehabilitative, 2021- 2031F |
6.1.6 Latvia Knee Braces Market Revenues & Volume, By Unloader, 2021- 2031F |
6.2 Latvia Knee Braces Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Knee Braces Market Revenues & Volume, By Sports, 2021- 2031F |
6.2.3 Latvia Knee Braces Market Revenues & Volume, By Ligament, 2021- 2031F |
6.2.4 Latvia Knee Braces Market Revenues & Volume, By Arthritis, 2021- 2031F |
6.2.5 Latvia Knee Braces Market Revenues & Volume, By Others (Tendonitis), 2021- 2031F |
6.3 Latvia Knee Braces Market, By Delivery Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Knee Braces Market Revenues & Volume, By Hospitals/ Orthopedic clinics, 2021- 2031F |
6.3.3 Latvia Knee Braces Market Revenues & Volume, By Retail, 2021- 2031F |
6.3.4 Latvia Knee Braces Market Revenues & Volume, By e-commerce, 2021- 2031F |
7 Latvia Knee Braces Market Import-Export Trade Statistics |
7.1 Latvia Knee Braces Market Export to Major Countries |
7.2 Latvia Knee Braces Market Imports from Major Countries |
8 Latvia Knee Braces Market Key Performance Indicators |
9 Latvia Knee Braces Market - Opportunity Assessment |
9.1 Latvia Knee Braces Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Knee Braces Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Knee Braces Market Opportunity Assessment, By Delivery Channel, 2021 & 2031F |
10 Latvia Knee Braces Market - Competitive Landscape |
10.1 Latvia Knee Braces Market Revenue Share, By Companies, 2024 |
10.2 Latvia Knee Braces 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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