Key Market Indicators
In 2021, Japan topped the ranking with 341,380 Hospital Discharges, followed by Russia and the United States, which respectively came in rankings 2 and 3. Latvia is projected to see a decline in the number of hospital beds over the next five years, with 7,670 beds expected by 2026. This is a 3.6% decrease year-on-year on average since 2021, when there were 9,520 beds. Since 1985, supply has fallen by 3.2% year-on-year. In 2021, Latvia ranked 36th, with New Zealand overtaking them to take the number one spot with 9,520 beds. Japan, Russia and the United States respectively took the second, third and fourth rankings. Latvia is also set to see a decrease in the number of hospital discharges over the next five years, with 311,250 expected by 2026. This is a 1.6% decrease year-on-year on average since 2021, when there were 341,380 discharges. Since 1985, demand has decreased by 1.8% year-on-year. In 2021, Japan took the top spot with 341,380 hospital discharges, followed by Russia and the United States in second and third place.
