Biotechnology always had a deep impact on the overall lifestyle of the people and also the improvement of the overall health of the planet. In a nutshell, the combination of the biological processes with the application of the technology is termed as the field of biotechnology. The microorganisms and their biological processes have helped the humans in making of several products over the time which is now utilised on a daily basis.  
In this modern era, biotechnology is now used in making things better for healthcare, environmental purpose, medical aspect, pharmacy related, industrial-based, etc. In fact, such is the scenario that there are some of the best Biotechnology businesses in Sweden and in other countries.
Biotechnology is basically a field which is done behind the closed doors with sophisticated technologies. The processes are quite complex and work at the microorganism level too. The health of the overall population has got better day by day, and the reason behind is the innovation, research and development of the experts. In earlier times, the situation was such that the number of diseases was high and there was no way to cure it and even the proper medicines were not available.  But now the times are changing, and the advancements are incomparable.
Biotechnology often gets overlapped by other fields such as biomedical engineering, genetic engineering, tissue engineering, biomedical, etc. utilises the help and process of biotechnology.
The advancements are met with the supply and demand of the people and other processes, and as a result, there is the requirement of good biotechnology firms across the world. In recent times, several emerging Biotechnology firms companies in Sweden and in other big companies.
Medical field
Biotechnology has several applications in pharmacogenomics, pharmaceutical drug production and discovery, genetic screening, etc. Drug therapy is optimised properly due to this infusion, and hence there has been a steep decline in the side-effects, and the efficiency is increased. The medicines are manufactured quite cheaply and easily if the modern features of biotechnology are used. The contribution towards the pharmaceutical field is vast, and the diseases are treated in a better way.
Agriculture
The genetically modified crops are a result of the genetic engineering, and the main reason behind is the introduction of certain traits which are not previously in the species. Basically, the DNA of the agricultural plants is modified as per the requirement. Biotechnology has been utilised since the dawn of time for the cultivation of plan, and even today the techniques are utilised.  
Biotechnology is utilised even in the environmental area as well as the environmental aspects get cleaned up quite easily if biotechnology is utilised. Even the issues faced in the current world scenario can also get better if the biotechnology is utilised in the right way. The farming industry has benefitted a lot too because the crop production and the quality of the crops have increased significantly.
With the growing amount of issues in the current world especially related to the medicine and environment, the field of biotechnology has to play a significant role in making things better.