What Is Fueling Growth in the Biotechnology Market by 2032? According to a newly published market research report by 24LifeSciences, global biotechnology market was valued at USD 542.88 billion in 2024 and is projected to reach USD 922.05 billion by 2031, growing at a compound annual growth rate (CAGR) of 8.1% during the forecast period 2025-2031. Download a Free Sample Report (PDF): https://www.24lifesciences.com/download-sample/15773/biotechnology-market