Market Research Logo

Latvia Medical Devices Report Q3 2015


Attention: There is an updated edition available for this report.

Latvia Medical Devices Report Q3 2015

BMI Industry View: The Latvian medical device market is expected to increase by a CAGR of 4.0% in USdollar terms over the 2013-2018 period, reaching USD182.3mn, or USD91 per capita. Domestic productionis expected to remain geared towards satisfying the local market, and for export to other former USSRcountries, as the technological sophistication of locally-produced medical devices does not yet match that inthe West.

Headline Industry Forecasts

The medical equipment market grew strongly until 2008, but fell sharply in 2009 and again to a lesserextent in 2012, as the country's ability to import goods fell. It was estimated at USD150.1mn in 2013,equal to USD73 per capita and 7.8% of health expenditure.

Around 91% of the medical device market is supplied by imports, which are primarily sourced fromWestern Europe. Medical device imports totalled USD136.6mn in 2013, an increase of 20.9% comparedwith 2012, but a negative CAGR of 0.9% for the 2008-2013 period. The running annual total reachedUSD126.2mn in the 12 months to December 2014, representing a y-o-y decline of 16.0%.


BMI Industry View
SWOT
Medical Device Market
Political
Economic
Operational Risk
Industry Forecast
Medical Device Market Forecast
2008-2013 Performance
2013-2018 Performance
Table: Projected Medical Device Market, 2013-2018
Table: Detailed Medical Device Market By Product Area, 2008-2018 (USDmn)
Consumables Market Forecast
Bandages & Dressings
Suturing Materials
Syringes, Needles & Catheters
Other Consumables
Table: Consumables Market, 2008-2018 (USDmn)
Table: Consumables Market, 2009-2018 (USDmn % Change)
Diagnostic Imaging Market Forecast
Electrodiagnostic Apparatus
Radiation Apparatus
Imaging Parts & Accessories
Table: Diagnostic Imaging Market, 2008-2018 (USDmn)
Table: Diagnostic Imaging Market 2009-2018, (USDmn % Change)
Dental Products Market Forecast
Capital Equipment
Instruments & Supplies
Table: Dental Products Market, 2008-2018 (USDmn)
Table: Dental Products Market, 2009-2018 (USDmn % Change)
Orthopaedics & Prosthetics Market Forecast
Fixation Devices
Artificial Joints
Other Artificial Body Parts
Table: Orthopaedics & Prosthetics Market, 2008-2018 (USDmn)
Table: Orthopaedics & Prosthetics Market, 2009-2018 (USDmn % Change)
Patient Aids Market Forecast
Portable Aids
Therapeutic Appliances
Table: Patient Aids Market, 2008-2018 (USDmn)
Table: Patient Aids Market, 2009-2018 (USDmn % Change)
Other Medical Devices Market Forecast
Table: Other Medical Devices Market, 2008-2018 (USDmn)
Table: Other Medical Devices Market, 2009-2018 (USDmn % Change)
Annual Medical Device Imports
Table: Medical Device Imports By Product Area, 2009-2013 (USD000s)
Table: Medical Device Imports By Product Area, 2009-2013 (USD000s % Change)
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s)
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s % Change)
Table: Top 20 Medical Device Suppliers, 2013 (USD000s)
Table: Detailed Medical Device Imports By Product Area, 2009-2013 (USD000s)
Table: Detailed Medical Device Import Trends By Product Area, 2013
Table: Detailed Leading Medical Device Suppliers By Product Area, 2013 (USD000s)
Monthly Medical Device Imports
Table: Monthly Medical Device Imports By Product Area, December 2011-December 2014 (USDmn)
Annual Medical Device Exports
Table: Medical Device Exports By Product Area, 2009-2013 (USD000s)
Table: Medical Device Exports By Product Area, 2009-2013 (USD000s % Change)
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s)
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s % Change)
Table: Top 20 Medical Device Destinations, 2013 (USD000s)
Table: Detailed Medical Device Exports By Product Area, 2009-2013 (USD000s)
Table: Detailed Medical Device Export Trends By Product Area, 2013
Table: Detailed Leading Medical Device Destinations By Product Area, 2013 (USD000s)
Table: Detailed Medical Device Balance Of Trade, 2009-2013 (USD000s)
Monthly Medical Device Exports
Table: Monthly Medical Device Exports By Product Area, December 2011-December 2014 (USDmn)
Macroeconomic Forecasts
Economic Analysis
Macro Outlook
Real GDP By Expenditure Breakdown
Risks To Outlook
Table: GDP By Expenditure (Latvia 2012-2019)
Industry Risk/Reward Index
Table: CEE Medical Device Risk/Reward Index, Q315
Market Overview
Medical Device Market Overview
Table: Medical Device Market, Key Ratios, 2013
Table: Medical Device Market By Product Area, 2013
Healthcare Overview
Health Status
Healthcare System
Health Funding
Healthcare Resources
Table: Medical Device Technology By Type And Sector, 2010 (Units)
Healthcare Activity
Healthcare Personnel
Key Healthcare Data
Table: Key Healthcare Data, 2009-2014
Industry Trends And Developments
Regulatory Development
Medical Device Regulations
EU Medical Device Regulations
Designated Authorities
Existing Regulations
Proposed Regulatory Changes
Implications For The Industry
Medical Device Pricing & Reimbursement
Competitive Landscape
Domestic Medical Device Production
Multinational Market Activity
Table: Multinational Market Activity, 2015
Medical Device Market Access
Market Environment
Distribution
Methodology
Forecast Methodology
Trade Code Classifications
Table: Used HS Trade Codes
Table: Rearranged HS Trade Codes
Risk/Reward Index Methodology
Table: Medical Devices Risk/Reward Index Indicators
Sources
Contact

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report