The Worldwide Biohacking Market report explores the Top Key Players in-depth analysis
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This study covers the market dynamics and trends in major countries that are expected
to influence the current market scenario and future status of the global Biohacking
Market over the forecast period. The Global Biohacking Market is expected to grow at a
CAGR of 19.42% during the forecast period. Biohacking refers to managing one's own
biology using a combination of medical, nutritional and electronic techniques. Biohackers
are people who perform lab experiments to explore new possibilities of biotechnology,
molecular biology, genetic engineering and many other aspects of biology. They
undertake number of various experimentation on the body, for instance, inserting
microchips to control stress level or monitor heart rate.
Microchip is a unit of packaged computer circuitry, manufactured from a material such as
silicon. They are made of microprocessors and for computer memory and are also used
for various purposes such as such as analog-to-digital conversion, bit slicing, and
gateways. Implanting microchips into the human body can transform number of daily
activities a person does. The size these microchips is as small as a rice grain that can be
easily implanted under the skin. Most of the bio hackers get these implanted into their
skin which makes their tasks easier than ever before. For instance, opening a security
lock or door.
Bio hackers have developed number of products exploring the body and mind, which will
benefit the mankind. Some of the revolutionary products are microchips, smart drugs,
magnetic fingertips, RFID implants, brain sensors, bacterial and yeast strains, health
tracker, body sensors, smart blood pressure monitor and many others.
The Global Biohacking Market is mainly driven by rising awareness about biohacking,
increasing prevalence of chronic diseases, and extensive demand smart devices and
drugs across the globe. Furthermore, presence of prominent market players also
influences the growth of the market. However, the market growth of the market is
restrained by lack of cyber security practices.
Biohacking Market Segments:
The Global Biohacking Market is segmented on the basis of type, product, application,
and end user.
On the basis of type, the market is segmented into outside biohacking and inside
biohacking.
On the basis of product, the market is segmented into smart drugs, sensors, strains, and
others.
On the basis of application, the market is segmented into synthetic biology, genetic
engineering, forensic science, diagnosis & treatment, drug testing, and others.
On the basis of end user, the market is segmented into pharmaceutical & biotechnology
companies, forensic laboratories, and others.
Key Players in the Global Biohacking Market
The Global Biohacking Market has evolved from last few years with emergence of new
players in the market. Along with extensive research, key players have adopted the
strategy of product launch in the market. The major focus to the companies is on the
development of new biohacking tools, kits, and devices that can be used by biohackers.
These products are smart drugs, sensors, and bacterial strains having wide application in
synthetic biology, and genetics.
Some of the major players in the Global Biohacking Market are Fitbit, Inc. (U.S.), Apple
(U.S.), Synbiota (Canada), THE ODIN (U.S.), HVMN, Inc. (U.S.), Thync Global Inc.,
U.S.A. (U.S.), Moodmetric (U.S.), and others.
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Regional Analysis of the Global Biohacking Market
Geographically, the Global Biohacking Market is segmented into four regions namely
Americas, Europe, Asia Pacific and the Middle East and Africa.
Americas hold the significant market share in biohacking owing the presence of large
number of biotechnology and synthetic biology companies engaged in the product of
innovative products. Many of these companies manufacturing bacterial strains, lab
equipment’s and accessories used in hacklabs. Large number of conferences are