Biotechnology Industry to Attain Remarkable Growth in the Coming Years
The biotechnology industry is poised for remarkable growth in the coming years, driven by advancements in genomics, molecular biology, and personalized medicine. Innovations in gene editing technologies like CRISPR, along with breakthroughs in cell therapies and biomanufacturing, are revolutionizing healthcare and agriculture. The increasing demand for sustainable solutions in food production, biofuels, and environmental conservation further fuels industry expansion. Additionally, investments in AI and machine learning are accelerating drug discovery and diagnostics. As global health challenges rise and technological capabilities expand, the biotechnology sector will continue to evolve, offering transformative solutions for improving lives and the environment. Biotechnology Market size is expected to reach USD 3.90 Trillion by 2031, growing at a CAGR of 13.9% during the forecast period (2024-2031). Biotech industry is one of the globalized sectors. Investment in business is characte...