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Latvia Medical Devices Report Q3 2016

  • June 2016
  • -
  • Espicom Business Intelligence
  • -
  • 115 pages

We expect the medical device market to continue growing over the next five years, with a US dollar CAGR of 7.3% forecast for the 2015-2020 period. The market is largely supplied by imports, principally from Western suppliers. Domestic production has traditionally been geared towards satisfying the local market and exporting to other former Soviet countries, but as Russian demand continues to fall away we expect to see an increase in Latvian trade with fellow EU member states.

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Latvia Medical Devices Report Q3 2016

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