Biosensors Market Research: Key Growth Drivers and Challenges and Forecast to 2032
In 2022, the global biosensors market reached a size of USD 28 billion and is projected to achieve an 8% compound annual growth rate (CAGR) in revenue over the forecast period, as outlined in the latest report by Reports and Data.
The upsurge in demand for rapid and precise disease detection, identification of food contaminants, and monitoring of environmental pollutants has been a driving force behind the expansion of the biosensors market.
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