Biohacking Market - Global Market Share, Trends, Analysis and Forecast, 2023-2032
The global biohacking market size was estimated to be US$ 19 billion in 2021 and is expected to grow at a CAGR of 20% between 2023 to 2032.
Biohacking is the area of bioengineering and biogenetics that deals with the scientific editing of yeast or other organisms to increase their functional similarity to human anatomy. Biohacking experiments involve the use of chemicals, gene editing, or implants to augment the capabilities or attributes of living things.
Given that it involves managing one's own biology using a combination of nutritional, electrical, and medicinal technologies, it is frequently referred to as Do-it-Yourself (DIY) biology. The creation and production of new goods has been inspired by biohacking, which has also permitted the non-scientific community to engage with and explore various areas of technology and synthetic biology. A few examples of the tools that biohacking has produced to analyze the human body include smart drugs, magnetic fingertips, brain sensors, smart blood pressure monitoring health trackers, body sensors, microchips and RFID implants.
Biohacking Market Growth Drivers
Through statistics, biohacking refers to the continuous and constant analysis of variables such as heart rate, steps taken, blood sugar levels, calorie burn, and others. The biohacking market is anticipated to expand at a faster rate during the projected period due to the rising use and acceptance of biohacking products.
Growing popularity of smart devices and effective treatments
The rise in the incidence of chronic disease recurrence, the growing popularity of smart devices and effective treatments, and rising biohacking awareness are all predicted to contribute to the growth of the worldwide biohacking market. But throughout the projection period, the market is anticipated to be constrained by stringent laws governing genetic engineering experiments, a lack of funding for research, a lack of basic knowledge, and cyber security protocols.
The global biohacking market may be divided into five geographic segments: North America, Asia Pacific, Europe, South America, and the Middle East & Africa. During the forecast period, North America is projected to be a strong market for biohacking. The strategic presence of crucial players in the U.S. and Canada is responsible for the region's dominance.
The major players operating in the biohacking market are Apple Inc., The ODIN., Thync Global, Inc., Fitbit, Inc., MOODMETRIC, Health Via Modern Nutrition Inc., Muse, ThrivePort, LLC, Truckmaster, OSTEOSTRONG, Synbiota, SynBioBeta LLC, Grindhouse Wetware and others.
Global Biohacking Market Segmentations
By product:
- Smart drugs
- Sensors
- Strains
- others
By Application
- Synthetic biology
- Genetic engineering
- Forensic science
- Diagnosis & treatment
- Drug testing
By End User
- Pharmaceutical and biopharmaceutical companies
- Hospitals & clinics
- Research & academic institutes
- Forensic laboratories
- Others
By Geography
- North America
- United States
- Canada
- Rest of North America
- Europe
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- India
- China
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- South America
- Brazil
- Rest of South America
- Introduction
- Research Objectives
- Report Assumptions
- Research Methodology
- Abbreviations
- Preface
- Market Definition
- Report Scope and Market Segmentation
- Research Highlights
- Market Synopsis: Global Biohacking Market
- Global Biohacking Market Qualitative Analysis
- Trends
- Market trends
- Technology Trends
- PESTLE Analysis (For 3 prominent countries)
- Market Influencers
- Driving Forces
- Hindering Forces
- Opportunities
- COVID-19 impact
- Porter’s Five Forces Analysis
- Value Chain Analysis
- Trends
- Global Biohacking Market Analysis and Forecast, by Product
- Overview and definitions
- Key segment analysis
- Global Biohacking Market Estimates (US$ Mn), by Product, 2019 – 2032
- Smart drugs
- Sensors
- Strains
- Others
- Global Biohacking Market Analysis and Forecast, by Application
- Overview and definitions
- Key segment analysis
- Global Biohacking Market Estimates (US$ Mn), by Application, 2019 – 2032
- Synthetic biology
- Genetic engineering
- Forensic science
- Diagnosis & treatment
- Drug testing
- Others
- Global Biohacking Market Analysis and Forecast, by End User
- Overview and definitions
- Key segment analysis
- Global Biohacking Market Estimates (US$ Mn), by End User, 2019 – 2032
- Pharmaceutical and biopharmaceutical companies
- Hospitals & clinics
- Research & academic institutes
- Forensic laboratories
- Others
- Global Biohacking Market Analysis and Forecast, by Region
- Overview and definitions
- Key segment analysis
- Global Biohacking Market Estimates (US$ Mn), by Region, 2019 – 2032
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
- North America Biohacking Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- North America Biohacking Market Estimates (US$ Mn), by Product, 2019 – 2032
- Smart drugs
- Sensors
- Strains
- Others
- North America Biohacking Market Estimates (US$ Mn), by Application, 2019 – 2032
- Synthetic biology
- Genetic engineering
- Forensic science
- Diagnosis & treatment
- Drug testing
- Others
- North America Biohacking Market Estimates (US$ Mn), by End User, 2019 – 2032
- Pharmaceutical and biopharmaceutical companies
- Hospitals & clinics
- Research & academic institutes
- Forensic laboratories
- Others
- North America Biohacking Market Estimates (US$ Mn), by Country, 2019 – 2032
- United States
- Canada
- Rest of North America
- Europe Biohacking Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Europe Biohacking Market Estimates (US$ Mn), by Product, 2019 – 2032
- Smart drugs
- Sensors
- Strains
- Others
- Europe Biohacking Market Estimates (US$ Mn), by Application, 2019 – 2032
- Synthetic biology
- Genetic engineering
- Forensic science
- Diagnosis & treatment
- Drug testing
- Others
- Europe Biohacking Market Estimates (US$ Mn), by End User, 2019 – 2032
- Pharmaceutical and biopharmaceutical companies
- Hospitals & clinics
- Research & academic institutes
- Forensic laboratories
- Others
- Europe Biohacking Market Estimates (US$ Mn), by Country, 2019 – 2032
- Germany
- United Kingdom
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific Biohacking Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Asia Pacific Biohacking Market Estimates (US$ Mn), by Product, 2019 – 2032
- Smart drugs
- Sensors
- Strains
- Others
- Asia Pacific Biohacking Market Estimates (US$ Mn), by Application, 2019 – 2032
- Synthetic biology
- Genetic engineering
- Forensic science
- Diagnosis & treatment
- Drug testing
- Others
- Asia Pacific Biohacking Market Estimates (US$ Mn), by End User, 2019 – 2032
- Pharmaceutical and biopharmaceutical companies
- Hospitals & clinics
- Research & academic institutes
- Forensic laboratories
- Others
- Asia Pacific Biohacking Market Estimates (US$ Mn), by Country, 2019 – 2032
- China
- Japan
- South Korea
- India
- Australia
- Rest of Asia Pacific
- Middle East & Africa Biohacking Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- Middle East & Africa Biohacking Market Estimates (US$ Mn), by Product, 2019 – 2032
- Smart drugs
- Sensors
- Strains
- Others
- Middle East & Africa Biohacking Market Estimates (US$ Mn), by Application, 2019 – 2032
- Synthetic biology
- Genetic engineering
- Forensic science
- Diagnosis & treatment
- Drug testing
- Others
- Middle East & Africa Biohacking Market Estimates (US$ Mn), by End User, 2019 – 2032
- Pharmaceutical and biopharmaceutical companies
- Hospitals & clinics
- Research & academic institutes
- Forensic laboratories
- Others
- Middle East & Africa Biohacking Market Estimates (US$ Mn), by Country, 2019 – 2032
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America Biohacking Market Analysis and Forecast
- Overview and definitions
- Key segment analysis
- South America Biohacking Market Estimates (US$ Mn), by Product, 2019 – 2032
- Smart drugs
- Sensors
- Strains
- Others
- South America Biohacking Market Estimates (US$ Mn), by Application, 2019 – 2032
- Synthetic biology
- Genetic engineering
- Forensic science
- Diagnosis & treatment
- Drug testing
- Others
- South America Biohacking Market Estimates (US$ Mn), by End User, 2019 – 2032
- Pharmaceutical and biopharmaceutical companies
- Hospitals & clinics
- Research & academic institutes
- Forensic laboratories
- Others
- South America Biohacking Market Estimates (US$ Mn), by Country, 2019 – 2032
- Brazil
- Argentina
- Rest of South America
- Competition Analysis – Global Biohacking Market
- Market Composition
- Market Share Analysis (%), by Supplier (2022)
- Company Profiles
- Apple Inc.
- Business overview
- Geographic presence
- Product portfolio
- Financial facts
- Relevant news and strategic view
- The ODIN.
- Thync Global, Inc.
- Fitbit, Inc.
- MOODMETRIC
- Health Via Modern Nutrition Inc.
- Muse
- ThrivePort LLC
- Truckmaster
- OSTEOSTRONG
- Synbiota
- SynBioBeta LLC
- Grindhouse Wetware
- Apple Inc.
- Conclusion & Recommendations
Frequently asked questions about this report
What is the biohacking market growth?
The biohacking market is anticipated to expand at a CAGR of 20% between 2023 to 2032.
What was the market for biohacking valued at in 2021?
The biohacking market size was estimated to be US$ 19 billion in 2021.
What are the factors driving the biohacking market?
The rise in the incidence of chronic disease recurrence, the growing popularity of smart devices and effective treatments, and rising biohacking awareness are all predicted to contribute to the growth of the worldwide biohacking market.
How is the regional performance of the biohacking market?
North America is projected to be a strong market for biohacking. The strategic presence of crucial players in the U.S. and Canada is responsible for the region's dominance.
Which companies are the market vendors in global biohacking industry?
Apple Inc., The ODIN., Thync Global, Inc., Fitbit, Inc., MOODMETRIC, Health Via Modern Nutrition Inc., Muse, ThrivePort, LLC, Truckmaster, OSTEOSTRONG, Synbiota, SynBioBeta LLC and Grindhouse Wetware are market leaders in biohacking.