Biosensors Sector Overview: Market Dynamics and Growth Potential
The global biosensors market was valued at USD 28 billion in 2022 and is projected to achieve a compound annual growth rate (CAGR) of 8% during the forecast period. The market's revenue growth is primarily fueled by factors such as the increasing prevalence of chronic diseases, growing demand for personalized medicine, and a heightened focus on ensuring food safety. In recent years, the...
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