| Product Code: ETC10264885 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Latvia`s import shipments of rapid test kits in 2024 saw a significant increase, with top exporting countries being Denmark, Austria, Germany, Italy, and the USA. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) for the period 2020-2024 was a strong 7.9%, with a notable growth rate of 40.2% from 2023 to 2024. These figures suggest a growing demand for rapid test kits in Latvia, with key players from various countries contributing to the market`s 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 Rapid Test Kit Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Rapid Test Kit Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Rapid Test Kit Market - Industry Life Cycle |
3.4 Latvia Rapid Test Kit Market - Porter's Five Forces |
3.5 Latvia Rapid Test Kit Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Rapid Test Kit Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia Rapid Test Kit Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Rapid Test Kit Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Latvia Rapid Test Kit Market Revenues & Volume Share, By Sample Type, 2021 & 2031F |
4 Latvia Rapid Test Kit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Rapid Test Kit Market Trends |
6 Latvia Rapid Test Kit Market, By Types |
6.1 Latvia Rapid Test Kit Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Rapid Test Kit Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Rapid Test Kit Market Revenues & Volume, By Lateral Flow, 2021 - 2031F |
6.1.4 Latvia Rapid Test Kit Market Revenues & Volume, By PCR-Based, 2021 - 2031F |
6.1.5 Latvia Rapid Test Kit Market Revenues & Volume, By Digital Test Kits, 2021 - 2031F |
6.1.6 Latvia Rapid Test Kit Market Revenues & Volume, By Microfluidics-Based, 2021 - 2031F |
6.1.7 Latvia Rapid Test Kit Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Rapid Test Kit Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Rapid Test Kit Market Revenues & Volume, By Immunoassay, 2021 - 2031F |
6.2.3 Latvia Rapid Test Kit Market Revenues & Volume, By ELISA, 2021 - 2031F |
6.2.4 Latvia Rapid Test Kit Market Revenues & Volume, By Biosensors, 2021 - 2031F |
6.2.5 Latvia Rapid Test Kit Market Revenues & Volume, By CRISPR, 2021 - 2031F |
6.2.6 Latvia Rapid Test Kit Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Latvia Rapid Test Kit Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Rapid Test Kit Market Revenues & Volume, By Infectious Disease Testing, 2021 - 2031F |
6.3.3 Latvia Rapid Test Kit Market Revenues & Volume, By Pregnancy & Fertility Testing, 2021 - 2031F |
6.3.4 Latvia Rapid Test Kit Market Revenues & Volume, By Drug & Alcohol Testing, 2021 - 2031F |
6.3.5 Latvia Rapid Test Kit Market Revenues & Volume, By Cancer Screening, 2021 - 2031F |
6.3.6 Latvia Rapid Test Kit Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Latvia Rapid Test Kit Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Rapid Test Kit Market Revenues & Volume, By Hospitals & Clinics, 2021 - 2031F |
6.4.3 Latvia Rapid Test Kit Market Revenues & Volume, By Homecare, 2021 - 2031F |
6.4.4 Latvia Rapid Test Kit Market Revenues & Volume, By Diagnostic Labs, 2021 - 2031F |
6.4.5 Latvia Rapid Test Kit Market Revenues & Volume, By Research Institutions, 2021 - 2031F |
6.4.6 Latvia Rapid Test Kit Market Revenues & Volume, By Others, 2021 - 2031F |
6.5 Latvia Rapid Test Kit Market, By Sample Type |
6.5.1 Overview and Analysis |
6.5.2 Latvia Rapid Test Kit Market Revenues & Volume, By Blood, 2021 - 2031F |
6.5.3 Latvia Rapid Test Kit Market Revenues & Volume, By Urine, 2021 - 2031F |
6.5.4 Latvia Rapid Test Kit Market Revenues & Volume, By Saliva, 2021 - 2031F |
6.5.5 Latvia Rapid Test Kit Market Revenues & Volume, By Nasal Swab, 2021 - 2031F |
6.5.6 Latvia Rapid Test Kit Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Rapid Test Kit Market Import-Export Trade Statistics |
7.1 Latvia Rapid Test Kit Market Export to Major Countries |
7.2 Latvia Rapid Test Kit Market Imports from Major Countries |
8 Latvia Rapid Test Kit Market Key Performance Indicators |
9 Latvia Rapid Test Kit Market - Opportunity Assessment |
9.1 Latvia Rapid Test Kit Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Rapid Test Kit Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia Rapid Test Kit Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Rapid Test Kit Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Latvia Rapid Test Kit Market Opportunity Assessment, By Sample Type, 2021 & 2031F |
10 Latvia Rapid Test Kit Market - Competitive Landscape |
10.1 Latvia Rapid Test Kit Market Revenue Share, By Companies, 2024 |
10.2 Latvia Rapid Test Kit 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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