Medtronic (Ireland) and Galil Medical (US) are Leading Players in the Cryotherapy Market
The cryotherapy market is projected to reach USD 319 million by 2024 from USD 206 million in 2019, at a CAGR of 9.1%. The increasing demand for minimally invasive procedures; rising incidence of sports injuries, cardiac conditions, and cancers; technological advancements in cryotherapy equipment are important factors driving the growth of this market. The major players in the cryotherapy analysis market include Medtronic (Ireland), Galil Medical (US), and CooperSurgical (US), Impact Cryotherapy (US), Zimmer MedizinSysteme (Germany), Metrum Cryoflex (Poland), Brymill Cryogenic Systems (UK), Erbe Elektromedizin (Germany), CryoConcepts (US), US Cryotherapy (US), Professional Products (US), and Kriosystem Life (Poland). The analysis of market developments between 2016 and 2019 showed that market players adopted strategies such as product launches & deployments, product approvals, partnerships, collaborations, acquisitions, and other developments to strengthen their product portfo...