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The market is competitive, with a mix of large multinationals like Koninklijke Philips N.V., Focal Healthcare, and Koelis leading in innovation and extensive product portfolios. Regional companies and new entrants, particularly from APAC, are also making significant strides. The market is characterized by frequent technological advancements, such as improved precision, enhanced real-time guidance, and increased workflow efficiency, which drive ongoing product development. Strategic partnerships, mergers, and acquisitions are common as companies seek to expand market reach and enhance their technological capabilities.
Prominent players operating in the fusion biopsy industry include: