| Product Code: ETC7918322 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s peripheral stent import market continued to show strong growth in 2024, with key suppliers including Germany, Finland, Poland, Netherlands, and Lithuania. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive Compound Annual Growth Rate (CAGR) of 11.7% from 2020 to 2024 underscores the increasing demand for peripheral stents in Latvia. Additionally, the growth rate of 6.83% from 2023 to 2024 suggests a continued upward trend in import shipments, highlighting opportunities for market expansion and competition among suppliers.

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 Peripheral Stent Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Peripheral Stent Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Peripheral Stent Market - Industry Life Cycle |
3.4 Latvia Peripheral Stent Market - Porter's Five Forces |
3.5 Latvia Peripheral Stent Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Peripheral Stent Market Revenues & Volume Share, By Artery Type, 2021 & 2031F |
3.7 Latvia Peripheral Stent Market Revenues & Volume Share, By Artery Type, 2021 & 2031F |
3.8 Latvia Peripheral Stent Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Latvia Peripheral Stent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of peripheral artery disease in Latvia |
4.2.2 Technological advancements in peripheral stent design and materials |
4.2.3 Growing awareness among healthcare professionals about the benefits of peripheral stent procedures |
4.3 Market Restraints |
4.3.1 Stringent regulatory requirements for medical devices in Latvia |
4.3.2 High cost associated with peripheral stent procedures |
4.3.3 Limited reimbursement policies for peripheral stent implants |
5 Latvia Peripheral Stent Market Trends |
6 Latvia Peripheral Stent Market, By Types |
6.1 Latvia Peripheral Stent Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Peripheral Stent Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Peripheral Stent Market Revenues & Volume, By Bare Metal Stents (BMS), 2021- 2031F |
6.1.4 Latvia Peripheral Stent Market Revenues & Volume, By Covered Stents, 2021- 2031F |
6.1.5 Latvia Peripheral Stent Market Revenues & Volume, By Drug-Eluting Stents (DES), 2021- 2031F |
6.2 Latvia Peripheral Stent Market, By Artery Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Peripheral Stent Market Revenues & Volume, By Iliac Stents, 2021- 2031F |
6.2.3 Latvia Peripheral Stent Market Revenues & Volume, By Femoral-popliteal Stents, 2021- 2031F |
6.2.4 Latvia Peripheral Stent Market Revenues & Volume, By Renal and Related Stents, 2021- 2031F |
6.2.5 Latvia Peripheral Stent Market Revenues & Volume, By Carotid Stents, 2021- 2031F |
6.3 Latvia Peripheral Stent Market, By Artery Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Peripheral Stent Market Revenues & Volume, By Iliac Stents, 2021- 2031F |
6.3.3 Latvia Peripheral Stent Market Revenues & Volume, By Femoral-popliteal Stents, 2021- 2031F |
6.3.4 Latvia Peripheral Stent Market Revenues & Volume, By Renal and Related Stents, 2021- 2031F |
6.3.5 Latvia Peripheral Stent Market Revenues & Volume, By Carotid Stents, 2021- 2031F |
6.4 Latvia Peripheral Stent Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Peripheral Stent Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.4.3 Latvia Peripheral Stent Market Revenues & Volume, By Ambulatory Surgical Centers/Outpatients, 2021- 2031F |
7 Latvia Peripheral Stent Market Import-Export Trade Statistics |
7.1 Latvia Peripheral Stent Market Export to Major Countries |
7.2 Latvia Peripheral Stent Market Imports from Major Countries |
8 Latvia Peripheral Stent Market Key Performance Indicators |
8.1 Average procedure time for peripheral stent implantation |
8.2 Number of peripheral stent procedures performed annually |
8.3 Rate of adoption of newer generation peripheral stents |
8.4 Patient satisfaction and outcomes post peripheral stent implantation |
8.5 Percentage of peripheral stent procedures performed by key healthcare facilities |
9 Latvia Peripheral Stent Market - Opportunity Assessment |
9.1 Latvia Peripheral Stent Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Peripheral Stent Market Opportunity Assessment, By Artery Type, 2021 & 2031F |
9.3 Latvia Peripheral Stent Market Opportunity Assessment, By Artery Type, 2021 & 2031F |
9.4 Latvia Peripheral Stent Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Latvia Peripheral Stent Market - Competitive Landscape |
10.1 Latvia Peripheral Stent Market Revenue Share, By Companies, 2024 |
10.2 Latvia Peripheral Stent 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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