High Throughput Screening Market Is Projected to Reach $21.69 Billion by 2023
The High Throughput Screening Market was valued at USD 13.87 Billion in 2017 and is expected to reach USD 21.69 Billion in 2023, at a CAGR of 7.8% during the forecast period. The major factors driving the growth of the HTS market include initiatives undertaken by pharmaceutical and biotechnology companies, increasing R&D spending, technological improvements in HTS, and the availability of government funding and venture capital investments.
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