| Product Code: ETC7917289 | 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 |
Despite a decline in the overall CAGR from 2020 to 2024, the Latvia open system MRI import market saw a significant drop in growth rate from 2023 to 2024. The top countries exporting to Latvia in 2024 include Germany, Netherlands, Metropolitan France, China, and Belarus, indicating a diverse range of sources. However, the high concentration levels measured by the HHI suggest a dominant market presence by these countries. This data highlights the competitive landscape and market dynamics influencing the import shipments of open system MRI machines 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 Open System MRI Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Open System MRI Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Open System MRI Market - Industry Life Cycle |
3.4 Latvia Open System MRI Market - Porter's Five Forces |
3.5 Latvia Open System MRI Market Revenues & Volume Share, By Resolution, 2021 & 2031F |
3.6 Latvia Open System MRI Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Open System MRI Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced medical imaging technologies in Latvia |
4.2.2 Growing prevalence of chronic diseases requiring MRI diagnostics |
4.2.3 Technological advancements leading to more accurate and efficient open system MRI machines |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with open system MRI machines |
4.3.2 Limited healthcare budget and reimbursement policies in Latvia affecting the adoption rate |
4.3.3 Lack of skilled professionals to operate and interpret open system MRI results |
5 Latvia Open System MRI Market Trends |
6 Latvia Open System MRI Market, By Types |
6.1 Latvia Open System MRI Market, By Resolution |
6.1.1 Overview and Analysis |
6.1.2 Latvia Open System MRI Market Revenues & Volume, By Resolution, 2021- 2031F |
6.1.3 Latvia Open System MRI Market Revenues & Volume, By Low- Field Scanner, 2021- 2031F |
6.1.4 Latvia Open System MRI Market Revenues & Volume, By Mid-field Scanner, 2021- 2031F |
6.1.5 Latvia Open System MRI Market Revenues & Volume, By High-Field Scanner, 2021- 2031F |
6.2 Latvia Open System MRI Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Open System MRI Market Revenues & Volume, By Neurology, 2021- 2031F |
6.2.3 Latvia Open System MRI Market Revenues & Volume, By Gastroenterology, 2021- 2031F |
6.2.4 Latvia Open System MRI Market Revenues & Volume, By Cardiology, 2021- 2031F |
6.2.5 Latvia Open System MRI Market Revenues & Volume, By Oncology, 2021- 2031F |
6.2.6 Latvia Open System MRI Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Open System MRI Market Import-Export Trade Statistics |
7.1 Latvia Open System MRI Market Export to Major Countries |
7.2 Latvia Open System MRI Market Imports from Major Countries |
8 Latvia Open System MRI Market Key Performance Indicators |
8.1 Average waiting time for patients to undergo open system MRI scans |
8.2 Utilization rate of open system MRI machines in healthcare facilities |
8.3 Percentage of healthcare facilities in Latvia offering open system MRI services |
9 Latvia Open System MRI Market - Opportunity Assessment |
9.1 Latvia Open System MRI Market Opportunity Assessment, By Resolution, 2021 & 2031F |
9.2 Latvia Open System MRI Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Open System MRI Market - Competitive Landscape |
10.1 Latvia Open System MRI Market Revenue Share, By Companies, 2024 |
10.2 Latvia Open System MRI 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.
To discover high-growth global markets and optimize your business strategy:
Click Here