Biotechnology Equipment Market Report: Trends, Insights, and Forecast for 2030

According to the study by Next Move Strategy Consulting, the Biotechnology Equipment Market is predicted to reach USD 121.81 billion expanding at a CAGR of 13.2% by 2030.

Biotechnology can be defined as the branch of science that deals with the application of biological techniques for human welfare.

The growing demand for biotechnology in medical applications that involves the research and production of new medicines along with diagnostic tests to detect various diseases is leading to the increased utilization of biotechnological equipment such as laboratory
tubes, microscopes, and others.

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