| Product Code: ETC7917334 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The ophthalmology devices import market in Latvia continues to experience strong growth, with a notable CAGR of 18.86% from 2020 to 2024. The top exporting countries to Latvia in 2024 include the USA, Germany, Belgium, Metropolitan France, and Russia. Despite the high concentration of the Herfindahl-Hirschman Index (HHI), indicating a competitive market, the growth rate from 2023 to 2024 remained robust at 5.1%. This suggests a promising outlook for the ophthalmology devices sector in Latvia, driven by ongoing innovation and demand for advanced technologies.

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 Ophthalmology Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Ophthalmology Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Ophthalmology Devices Market - Industry Life Cycle |
3.4 Latvia Ophthalmology Devices Market - Porter's Five Forces |
3.5 Latvia Ophthalmology Devices Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Ophthalmology Devices Market Revenues & Volume Share, By Diseases, 2021 & 2031F |
3.7 Latvia Ophthalmology Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Ophthalmology Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of eye diseases and vision impairments in Latvia |
4.2.2 Technological advancements in ophthalmology devices leading to better diagnosis and treatment |
4.2.3 Growing awareness about eye health and the importance of regular eye check-ups |
4.3 Market Restraints |
4.3.1 High cost associated with ophthalmology devices and treatments |
4.3.2 Limited access to advanced ophthalmic care in rural areas of Latvia |
4.3.3 Stringent regulatory requirements for approval of ophthalmology devices |
5 Latvia Ophthalmology Devices Market Trends |
6 Latvia Ophthalmology Devices Market, By Types |
6.1 Latvia Ophthalmology Devices Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Ophthalmology Devices Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Ophthalmology Devices Market Revenues & Volume, By Surgical, 2021- 2031F |
6.1.4 Latvia Ophthalmology Devices Market Revenues & Volume, By Diagnostics & Monitoring, 2021- 2031F |
6.1.5 Latvia Ophthalmology Devices Market Revenues & Volume, By Vision care, 2021- 2031F |
6.2 Latvia Ophthalmology Devices Market, By Diseases |
6.2.1 Overview and Analysis |
6.2.2 Latvia Ophthalmology Devices Market Revenues & Volume, By Cataract, 2021- 2031F |
6.2.3 Latvia Ophthalmology Devices Market Revenues & Volume, By Refractor Disorders, 2021- 2031F |
6.2.4 Latvia Ophthalmology Devices Market Revenues & Volume, By Vitreo Retinal Disorders, 2021- 2031F |
6.2.5 Latvia Ophthalmology Devices Market Revenues & Volume, By Glaucoma, 2021- 2031F |
6.3 Latvia Ophthalmology Devices Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Ophthalmology Devices Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Latvia Ophthalmology Devices Market Revenues & Volume, By Medical Institutes, 2021- 2031F |
6.3.4 Latvia Ophthalmology Devices Market Revenues & Volume, By Research Organisations, 2021- 2031F |
6.3.5 Latvia Ophthalmology Devices Market Revenues & Volume, By Healthcare Service Providers, 2021- 2031F |
7 Latvia Ophthalmology Devices Market Import-Export Trade Statistics |
7.1 Latvia Ophthalmology Devices Market Export to Major Countries |
7.2 Latvia Ophthalmology Devices Market Imports from Major Countries |
8 Latvia Ophthalmology Devices Market Key Performance Indicators |
8.1 Adoption rate of new ophthalmology technologies in Latvia |
8.2 Number of ophthalmologists per capita |
8.3 Patient satisfaction and outcomes post ophthalmology device usage |
9 Latvia Ophthalmology Devices Market - Opportunity Assessment |
9.1 Latvia Ophthalmology Devices Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Ophthalmology Devices Market Opportunity Assessment, By Diseases, 2021 & 2031F |
9.3 Latvia Ophthalmology Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Ophthalmology Devices Market - Competitive Landscape |
10.1 Latvia Ophthalmology Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Ophthalmology 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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