Market Context

Echo sits within the accelerating convergence of:

• Biotech research growth

• AI-accelerated scientific innovation

• Advanced automation and robotics

The global market is shifting from manual experimentation toward data-intensive, AI-guided scientific systems. Echo provides the intelligence layer required to support this transformation.

• Digital Health Market: $288.6 B (2024) → $946 B (2030), ≈ 22 % CAGR¹

• Healthcare IT & Biomanufacturing: $663 B (2023) → $1.83 T (2030), ≈ 15.8 % CAGR²

• Global Biotech R&D Spending: ~$350 B in 2024, growing ~12 % annually³

Echo addresses the intersection of these markets—serving as the data, compliance, and coordination layer for the health-technology economy.