Biotechnology Market Overview and Analysis:
The global biotechnology market was estimated at USD 1,224.31 billion in 2022, registering a CAGR of 12.8% over a forecast period, from 2023 to 2030.
Biotechnology is a broad field that involves the use of living organisms, cells, and biological systems to develop or create products and technologies that benefit society. It combines principles from biology, chemistry, genetics, and other scientific disciplines to solve problems and create new applications in various sectors, including healthcare, agriculture, environmental science, and industry.
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