Biotechnology Market Will Grow Nearly USD 3672.9 Billion At A Rate Of 14% By 2033
According to Market.Us, the global biotechnology market was valued at USD 1023.8 billion in 2022. Over the period from 2023 to 2032, this market is projected to experience the highest compound annual growth rate (CAGR) of 14%, with expectations to achieve a valuation of USD 3672.9 billion by the end of 2032. The Biotechnology Market is undergoing significant transformations, influenced heavily by its interconnectedness with various end-use industries. These industries are pivotal in shaping the Biotechnology Market's dynamics, as they drive demand and set stringent quality standards. The alignment between the market offerings and the industries' evolving needs ensures a…
- Date: April 24, 2024
- Author: Robert Shaw
- Category: PharmiWeb