| Product Code: ETC7913942 | 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 |
In 2024, Latvia saw a steady increase in knee implant import shipments, with top exporting countries being Germany, Finland, Poland, Netherlands, and Lithuania. The market continues to exhibit high concentration, as indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 11.7%, reflecting a robust expansion in the market. Furthermore, the growth rate from 2023 to 2024 was a notable 6.83%, suggesting sustained momentum in the knee implant import sector 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 Knee Implant Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Knee Implant Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Knee Implant Market - Industry Life Cycle |
3.4 Latvia Knee Implant Market - Porter's Five Forces |
3.5 Latvia Knee Implant Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Knee Implant Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Knee Implant Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Knee Implant Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Knee Implant Market Trends |
6 Latvia Knee Implant Market, By Types |
6.1 Latvia Knee Implant Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Knee Implant Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Knee Implant Market Revenues & Volume, By Total Knee Replacement Implant, 2021- 2031F |
6.1.4 Latvia Knee Implant Market Revenues & Volume, By Partial Knee Replacement Implants, 2021- 2031F |
6.1.5 Latvia Knee Implant Market Revenues & Volume, By Revision Knee Replacement Implants, 2021- 2031F |
6.2 Latvia Knee Implant Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Knee Implant Market Revenues & Volume, By Stainless Steel, 2021- 2031F |
6.2.3 Latvia Knee Implant Market Revenues & Volume, By Cobalt Chromium Alloys, 2021- 2031F |
6.2.4 Latvia Knee Implant Market Revenues & Volume, By Titanium and Titanium Alloys, 2021- 2031F |
6.2.5 Latvia Knee Implant Market Revenues & Volume, By Polyethylene, 2021- 2031F |
6.2.6 Latvia Knee Implant Market Revenues & Volume, By Ceramics, 2021- 2031F |
6.2.7 Latvia Knee Implant Market Revenues & Volume, By Uncemented implants, 2021- 2031F |
6.2.8 Latvia Knee Implant Market Revenues & Volume, By Zirconium, 2021- 2031F |
6.2.9 Latvia Knee Implant Market Revenues & Volume, By Zirconium, 2021- 2031F |
6.3 Latvia Knee Implant Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Knee Implant Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Latvia Knee Implant Market Revenues & Volume, By Specialized Orthopedic Clinics, 2021- 2031F |
6.3.4 Latvia Knee Implant Market Revenues & Volume, By Ambulatory Surgery Centers, 2021- 2031F |
7 Latvia Knee Implant Market Import-Export Trade Statistics |
7.1 Latvia Knee Implant Market Export to Major Countries |
7.2 Latvia Knee Implant Market Imports from Major Countries |
8 Latvia Knee Implant Market Key Performance Indicators |
9 Latvia Knee Implant Market - Opportunity Assessment |
9.1 Latvia Knee Implant Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Knee Implant Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Knee Implant Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Knee Implant Market - Competitive Landscape |
10.1 Latvia Knee Implant Market Revenue Share, By Companies, 2024 |
10.2 Latvia Knee Implant 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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