| Product Code: ETC7914706 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The lower extremities trauma devices import shipments to Latvia in 2024 show a significant growth trend, with top exporting countries including Germany, Lithuania, Poland, Finland, and Belgium. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), has decreased from moderate to low concentration, indicating a more diversified import market. The impressive compound annual growth rate (CAGR) of 14.86% from 2020 to 2024, coupled with a growth rate of 22.55% from 2023 to 2024, suggests a thriving market for lower extremities trauma devices in Latvia with promising opportunities for further expansion.

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 Lower Extremities Trauma Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Lower Extremities Trauma Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Lower Extremities Trauma Devices Market - Industry Life Cycle |
3.4 Latvia Lower Extremities Trauma Devices Market - Porter's Five Forces |
3.5 Latvia Lower Extremities Trauma Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Lower Extremities Trauma Devices Market Revenues & Volume Share, By End- User, 2021 & 2031F |
4 Latvia Lower Extremities Trauma Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing incidence of lower extremities trauma cases due to road accidents and sports injuries |
4.2.2 Growing adoption of advanced surgical techniques and technologies in Latvia |
4.2.3 Rising awareness about the importance of timely and effective treatment for lower extremities trauma |
4.3 Market Restraints |
4.3.1 High cost associated with lower extremities trauma devices and treatments |
4.3.2 Limited reimbursement policies for lower extremities trauma procedures in Latvia |
4.3.3 Stringent regulatory requirements for the approval and commercialization of trauma devices |
5 Latvia Lower Extremities Trauma Devices Market Trends |
6 Latvia Lower Extremities Trauma Devices Market, By Types |
6.1 Latvia Lower Extremities Trauma Devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Lower Extremities Trauma Devices Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Lower Extremities Trauma Devices Market Revenues & Volume, By Internal Fixators, 2021- 2031F |
6.1.4 Latvia Lower Extremities Trauma Devices Market Revenues & Volume, By External Fixators, 2021- 2031F |
6.1.5 Latvia Lower Extremities Trauma Devices Market Revenues & Volume, By Surgical Site, 2021- 2031F |
6.1.6 Latvia Lower Extremities Trauma Devices Market Revenues & Volume, By Hips & Pelvis, 2021- 2031F |
6.1.7 Latvia Lower Extremities Trauma Devices Market Revenues & Volume, By Lower Leg, 2021- 2031F |
6.1.8 Latvia Lower Extremities Trauma Devices Market Revenues & Volume, By Foot & Ankle, 2021- 2031F |
6.1.9 Latvia Lower Extremities Trauma Devices Market Revenues & Volume, By Thigh, 2021- 2031F |
6.1.10 Latvia Lower Extremities Trauma Devices Market Revenues & Volume, By Thigh, 2021- 2031F |
6.2 Latvia Lower Extremities Trauma Devices Market, By End- User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Lower Extremities Trauma Devices Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 Latvia Lower Extremities Trauma Devices Market Revenues & Volume, By Ambulatory Surgical Centre, 2021- 2031F |
7 Latvia Lower Extremities Trauma Devices Market Import-Export Trade Statistics |
7.1 Latvia Lower Extremities Trauma Devices Market Export to Major Countries |
7.2 Latvia Lower Extremities Trauma Devices Market Imports from Major Countries |
8 Latvia Lower Extremities Trauma Devices Market Key Performance Indicators |
8.1 Average length of hospital stay for lower extremities trauma patients |
8.2 Number of lower extremities trauma surgeries performed annually |
8.3 Adoption rate of minimally invasive lower extremities trauma procedures |
8.4 Patient satisfaction scores for lower extremities trauma treatments |
8.5 Rate of complications or revision surgeries for lower extremities trauma cases |
9 Latvia Lower Extremities Trauma Devices Market - Opportunity Assessment |
9.1 Latvia Lower Extremities Trauma Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Lower Extremities Trauma Devices Market Opportunity Assessment, By End- User, 2021 & 2031F |
10 Latvia Lower Extremities Trauma Devices Market - Competitive Landscape |
10.1 Latvia Lower Extremities Trauma Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Lower Extremities Trauma 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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