What is the prediction for the biotech market? The biotech market is poised for significant growth in the coming years, with a cautiously optimistic outlook as it continues to innovate and address global health and environmental challenges. In 2024, the market was valued at USD 761.5 billion, and it is projected to expand to USD 1,315.9 billion by 2033, reflecting a robust compound annual growth rate (CAGR) of approximately 6.27% from 2025 to 2033. This growth trajectory is driven by advancements in areas such as personalized medicine, gene editing, and sustainable bioproducts, alongside increased investment and collaboration across pharmaceuticals, agriculture, and industrial applications. As the industry navigates regulatory and economic uncertainties, its steady expansion signals a promising future through the next decade. Read the full report here: https://www.imarcgroup.com/biotechnology-market #marketresearch #business #marketanalysis #markettrends #researchreport #marketreport #marketforecast #marketanalysis #marketgrowth #imarcgroup