Biotechs see growth in optic treatment sectors

7 February 2019

The vast number of people in need of medical treatment has grown tremendously over the years. Some cases are a result of environmental changes, yet others can be caused by genetics.

Regardless, there is a growing demand within the biotechnology market for treatments to effectively eliminate or suppress these conditions.

According to data compiled by Variant Market Research, the global biotechnology market is expected to reach $726.8 billion by 2025, expanding at a compound annual growth rate (CAGR) of 8.1% from 2017 to 2025.

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