Stratview Research has published a new market research report titled Biohacking Market. According to the report, the Biohacking Market is Segmented by Type (Inside, Outside), By Product (Smart Drugs, Sensors, Strains, Others), By Application (Synthetic, Genetic Engineering, Forensic Science, Diagnosis & Treatment, Drug Testing, Others), By End-Use (Pharmaceutical & Biotechnological Companies, Forensic Laboratories, Others), and Region.

The facts and information mentioned in the report have been gathered by thorough analysis and rigorous primary interviews with the market’s key players in order to collect quality and trustworthy data. Based on primary interviews across the value chain of the Biohacking Market as well as an extensive study of the previous downturns,

Stratview Research has concluded that the Biohacking Market is projected to grow from USD xx million in 2020 to USD xx million by 2026 at a CAGR of over 19.7% during the forecast period.

Market Dynamics

Growing innovative trends towards neuro-nutrition as well as increasing awareness of biohacking in the health & wellness space are likely to boost the product demand.

  • Significant technological growth coupled with the internet of things (IoT) penetration in consumer electronics and healthcare also augments the industry growth.
  • Furthermore, the rising demand for smart drugs and devices to cater to the quality healthcare needs among the population as well as the high prevalence of chronic disorders are further expected to bolster the market expansion.

What is biohacking?

Biohacking, also known as do-it-yourself (DIY) biology, which gives everyone including communities, individuals, research institutes and small group organizations, the ability to deconstruct and reconstruct biology using simple kits or supplements for the purpose of not only achieving their immediate outcomes as well as contributing to solving larger issues.

Segment Analysis

By type, the biohacking market has been segmented into pharmaceutical & biotechnological companies, forensic laboratories, and others.

  • Under these, the pharmaceutical & biotechnological companies segment held a considerable market share in 2020 and is likely to register the fastest CAGR during the review period.
  • This is mainly attributed to the increasing geriatric population.
  • Also, surging demand for devices for monitoring the heart rate, blood sugar level, and body movement is proliferating the segment growth.

By region, the North American market witnessed the highest market share in 2020 and is estimated to grow at a substantial CAGR during the assessment period. This is mainly ascribed to a surge in healthcare expenditure, technologically advanced healthcare infrastructure, and well-established healthcare companies. Moreover, growing healthcare expenditure and improving standards of living with large population growth further boosts regional growth.

Report Customization Options

With this detailed report, Stratview Research offers one of the following customization options to the users -

Company Profiling -Detailed profiling of additional market players.

Competitive Benchmarking

The benefits of competitive benchmarking are clear: By comparing their performance to their competitors, users can catch trends early and adjust their marketing goals accordingly. This report provides authentic competitive benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Key players

The key players active in the Biohacking Market mentioned in the report are as follows -

  • Fitbit Inc. (The U.S),
  • Apple (The U.S),
  • HVMN Inc (The U.S),
  • The Odin (The U.S),
  • Thync Global Inc (The U.S),
  • Synbiota (Canada),
  • MoodMetric (The U.S),
  • InteraXon Inc. (Canada),
  • Behavioral Tech (The U.S), and
  • Grindhouse Wetware (The U.S).

Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

FAQs in the Report-

What will be the size of Biohacking Market in the foreseeable years?

Who are the key players in the Biohacking Market?

Which country/region is expected to at highest rate in the Biohacking Market?

Which Application type is expected to remain dominant in the Biohacking Market?

What does the supply chain of Biohacking Market comprise of?

Which region is expected to maintain its leading position in the market?

About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries. With this report, Stratview research also offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com or connect with our experts at - +1-313-307-4176.