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The bio-decontamination industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. Players compete through innovative product offerings, strategic partnerships, and expansion into emerging markets. Additionally, stringent regulations and standards in healthcare and pharmaceutical industries further intensify competition. The development and launch of novel advanced devices based on different technologies is among a key market strategy.
Some of the eminent market participants operating in the bio-decontamination industry include: