$PSID is a quickly advancing creator of biological detection and diagnostics solutions. The biosensor industry, to which they are arguably leading, reached a staggering $12.46B in 2013. With a 14.19% compounded annual growth rate (CAGR) the industry stands to be worth $24.19B by 2018. It’s easy to see that the potential growth for a company like PositiveID is astonishing.