Clinical Lab Technicians. Picture: Pexels/Artem Podre
According to a recent report by Grand View Research, the global biotech market is set to reach $727.1 billion (about R11 trillion) by 2025.
Whether food and lifestyle or well-being, biotechnology is adding new dimensions to everything that matters to us and the larger ecology.
Biotechnology is the application of biology for the benefit of humanity and the environment. It harnesses living organisms to provide foods and medicines, and for tasks such as cleaning toxic waste or detecting harmful substances.
After completion of a recognised degree of BTech in Biotechnology, a student may draw a salary between R408 413 or an equivalent hourly rate of R196. In addition, they earn an average bonus of R9 557 a month with excellent incremental growth.
A degree in biotechnology is a good major to choose, as the field equips you with transferable skills that can be used for an array of jobs. Moreover, the sky is the limit for those who opt for start-up/entrepreneurial avenues in biotech.
Trained biotechnology professionals can explore a plethora of opportunities in academic, research or industry in a number of areas including:
Professionals in biotechnology may work in profiles such as:
And for those students who are interested in choosing research as a career need to pursue Doctoral studies (PhD).
IOL