The global biohacking market is anticipated to grow at a CAGR of around 20.0% during the forecast period 2021 to 2028 and to reach around US$ 66.7 Bn by 2028.
Report coverage
| Market |
Biohacking Market |
| Analysis Period |
2017 - 2028 |
| Base Year |
2020 |
| Forecast Data |
2021 - 2028 |
| Segments Covered |
By Product, By Application, By End Use, and By Region |
| Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled |
Apple Inc., The ODIN, Thync Global Inc., Fitbit, Inc., Moodmetric, HVMN Inc., Muse, Thriveport, LLC, TrackMyStack, and OsteoStrong. |
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
| Customization Scope |
10 hrs of free customization and expert consultation |
Market Dynamics
Flourishing biotechnology sector across the globe, gene therapy witnessing rapid investment & progress, along with supportive government norms are factors expected to drive the growth of global biohacking market. Rapid technological advancements in biotechnology sector, availability of developed infrastructure in developed countries and high investment in development of various vaccines is impacting the market growth. Changing healthcare scenario and easy availability of resources is influencing consumer’s interest towards incremental diet or lifestyle changes to make small improvements in health and well-being. With the government chancing regulations related in to do it yourself in gene editing is impacting the growth of North America biohacking market. In 2019 California passed the first law in the US targeting ‘biohacking’, the practice of do-it-yourself gene editing. Starting in January 2020, it will be illegal to sell CRISPR gene therapy kits without warnings that they are not safe to self-administer.
Major players approach towards enhancing the business through innovative product launches and mergers is expected to augment the growth of global biohacking market.
In 2021, Biohacking ORB, a global wellness enterprise launched biohacking orb that uses neuro-acoustic sound therapy, applying specific sound frequencies and rhythms to induce a desired brain state. The product launch is expected to help company enhance the business portfolio.
In 2021, Smidge Small Batch Supplements, a global supplement provider launched a line of premium supplements that includes probiotics, digestive enzymes, whole food vitamins, and natural minerals. This is expected to help company increase the customer base.
In 2019, Ahead Nutrition, a manufacturer of biohacking supplements launched new products that help customers reach their full physical and mental potential. The product launch is expected to help company enhance the business.
Global players are focused on product development activities, their approach towards innovative solutions such as wearable’s and implants along with high investment in drug development such as nootropics this is expected to augment the market growth.
Factors such as lack of developed infrastructure in developing countries and stringent government regulations related to product approval are factors expected to hamper the growth of global biohacking market. In addition, ethical issues and low awareness among consumers is expected to challenge the growth of target market. However, increasing funding in biohacking by major players, rising awareness among consumers, and high spending by the government on infrastructure are factors expected to create new opportunities for players operating in the biohacking market over the forecast period. In addition, the implementation of AI in biohacking and rising strategic partnership activities by players are factors expected to support the revenue transaction of the target market.
Segment Analysis by Region
The market in Asia Pacific is expected to witness faster growth in the biohacking market due to changing government regulations and increasing spending on development of biotechnology sector.
Rapid deployment of new enhanced devices, development of infrastructure, and favorable business policies by the government are factors impacting the growth of the regional market. Major players are inclining towards enhancing the business overseas and tracking the untapped market in developing region this is expected to boost the market growth.
Competitive Landscape
The global biohacking market is highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Biohacking Market Segment Analysis, 2020
The global biohacking market is segmented into product, application, and end use. The product segment is divided into wearables, implants (chips), gene modification kits, smart drugs, supplements, mobile apps, and others. Among product wearable’s segment is expected to account for major revenue share in the global biohacking market.
The end use segment is bifurcated into pharmaceutical & biotechnology companies, hospitals & clinics, forensic laboratories, and research & academic institutes. Among end use the pharmaceutical & biotechnology companies segment is expected to account for major revenue share. The application segment of global market is divided into monitoring, treatment, research, and others. Players profiled in the global biohacking market are Apple Inc., The ODIN, Thync Global Inc., Fitbit, Inc., Moodmetric, HVMN Inc., Muse, Thriveport, LLC, TrackMyStack, and OsteoStrong.
Market Segmentation
Market By Product
Wearable’s
Implants (Chips)
Gene Modification Kits
Smart Drugs
Supplements
Mobile Apps
Others
Market By Application
Monitoring
Treatment
Research
Others
Market By End Use
Pharmaceutical & Biotechnology Companies
Hospitals & Clinics
Forensic Laboratories
Research & Academic Institutes
Others
Market By Geography
North America
• U.S.
• Canada
Europe
• U.K.
• Germany
• France
• Spain
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• GCC
• South Africa
• Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Biohacking
1.1. Definition and Scope
1.1.1. Definition of Biohacking
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Biohacking Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Biohacking Market By Product
1.2.3. Biohacking Market By Application
1.2.4. Biohacking Market By End Use
1.2.5. Biohacking Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Biohacking Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Biohacking Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2020
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2020
4.2. R&D Status and Application Source of Biohacking Major Manufacturers in 2020
CHAPTER 5. Biohacking Market By Product
5.1. Introduction
5.2. Biohacking Revenue By Product
5.2.1. Biohacking Revenue (US$ Mn) and Forecast, By Product, 2017-2028
5.2.2. Wearables
5.2.2.1. Wearables Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.3. Implants (Chips)
5.2.3.1. Implants (Chips) Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.4. Gene Modification Kits
5.2.4.1. Gene Modification Kits Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.5. Smart Drugs
5.2.5.1. Smart Drugs Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.6. Supplements
5.2.6.1. Supplements Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.7. Mobile Apps
5.2.7.1. Mobile Apps Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
5.2.8. Others
5.2.8.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
CHAPTER 6. Biohacking Market Revenue By Application
6.1. Introduction
6.2. Biohacking Revenue (US$ Mn) By Application
6.2.1. Biohacking Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
6.2.2. Monitoring
6.2.2.1. Monitoring Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
6.2.3. Treatment
6.2.3.1. Treatment Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
6.2.4. Research
6.2.4.1. Research Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
6.2.5. Others
6.2.5.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
CHAPTER 7. Biohacking Market By End Use
7.1. Introduction
7.2. Biohacking Revenue (US$ Mn) By End Use
7.2.1. Biohacking Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028
7.2.2. Pharmaceutical & Biotechnology Companies
7.2.2.1. Pharmaceutical & Biotechnology Companies Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
7.2.3. Hospitals & Clinics
7.2.3.1. Hospitals & Clinics Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
7.2.4. Forensic Laboratories
7.2.4.1. Forensic Laboratories Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
7.2.5. Research & Academic Institutes
7.2.5.1. Research & Academic Institutes Market Revenue (US$ Mn) and Growth Rate (%), 2017-2028
CHAPTER 8. North America Biohacking Market By Country
8.1. North America Biohacking Overview
8.2. U.S.
8.2.1. U.S. Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017-2028
8.2.2. U.S. Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
8.2.3. U.S. Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017-2028
8.3. Canada
8.3.1. Canada Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017-2028
8.3.2. Canada Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
8.3.3. Canada Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017-2028
8.4. North America PEST Analysis
CHAPTER 9. Europe Biohacking Market By Country
9.1. Europe Biohacking Market Overview
9.2. U.K.
9.2.1. U.K. Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017-2028
9.2.2. U.K. Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.2.3. U.K. Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017-2028
9.3. Germany
9.3.1. Germany Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017-2028
9.3.2. Germany Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.3.3. Germany Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017-2028
9.4. France
9.4.1. France Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017-2028
9.4.2. France Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.4.3. France Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017-2028
9.5. Spain
9.5.1. Spain Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017-2028
9.5.2. Spain Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.5.3. Spain Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017-2028
9.6. Rest of Europe
9.6.1. Rest of Europe Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017-2028
9.6.2. Rest of Europe Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017-2028
9.6.3. Rest of Europe Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017-2028
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Biohacking Market By Country
10.1. Asia Pacific Biohacking Market Overview
10.2. China
10.2.1. China Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
10.2.2. China Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.2.3. China Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028
10.3. Japan
10.3.1. Japan Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
10.3.2. Japan Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.3.3. Japan Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028
10.4. India
10.4.1. India Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
10.4.2. India Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.4.3. India Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028
10.5. Australia
10.5.1. Australia Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
10.5.2. Australia Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.5.3. Australia Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028
10.6. South Korea
10.6.1. South Korea Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
10.6.2. South Korea Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.6.3. South Korea Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
10.7.2. Rest of Asia-Pacific Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
10.7.3. Rest of Asia-Pacific Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Biohacking Market By Country
11.1. Latin America Biohacking Market Overview
11.2. Brazil
11.2.1. Brazil Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
11.2.2. Brazil Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
11.2.3. Brazil Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028
11.3. Mexico
11.3.1. Mexico Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
11.3.2. Mexico Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
11.3.3. Mexico Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028
11.4. Rest of Latin America
11.4.1. Rest of Latin America Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
11.4.2. Rest of Latin America Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
CHAPTER 12. Middle East & Africa Biohacking Market By Country
12.1. Middle East & Africa Biohacking Market Overview
12.2. Saudi Arabia
12.2.1. Saudi Arabia Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
12.2.2. Saudi Arabia Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
12.2.3. Saudi Arabia Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028
12.3. UAE
12.3.1. UAE Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
12.3.2. UAE Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
12.3.3. UAE Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Biohacking Market Revenue (US$ Mn) and Forecast By Product, 2017 - 2028
12.4.2. Rest of Middle East & Africa Biohacking Market Revenue (US$ Mn) and Forecast By Application, 2017 - 2028
12.4.3. Rest of Middle East & Africa Biohacking Market Revenue (US$ Mn) and Forecast By End Use, 2017 - 2028
CHAPTER 13. PLAYER ANALYSIS OF BIOHACKING
13.1. Biohacking Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Biohacking Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. COMPANY PROFILE
14.1. Apple Inc.
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (US$ Mn), 2020
14.1.3.2. Apple Inc. 2019 Biohacking Business Regional Distribution
14.1.4. Product/ Service and Specification
14.1.5. Recent Developments & Business Strategy
14.1.6. Manufacturing Plant Footprint Analysis
14.2. The ODIN
14.3. Thync Global Inc.
14.4. Fitbit, Inc.
14.5. Moodmetric
14.6. HVMN Inc.
14.7. Muse
14.8. Thriveport, LLC
14.9. TrackMyStack
14.10. OsteoStrong
14.11. Others
