New York, NY, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Biohacking Market By Product (Wearables, Implants, Gene Modification Kits, Smart Drugs, Supplements, Mobile Applications, & Others), By Application (Monitoring, Treatment, Research, & Others), By End-Users (Pharmaceutical & Biotechnology Companies, Hospitals & Clinics, Forensic Laboratories, Research & Academic Institutes, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026”.
“According to the recent research report, the demand of global Biohacking Market size & share expected to reach to USD 65.4 Billion by 2026 from USD 14.65 Billion in 2020, at a compound annual growth rate (CAGR) of 21.1% during the forecast period 2021 to 2026”
Global Biohacking Market: Overview
Biohacking (DIY biology) is an extremely complicated branch of biogenetics and bioengineering that deals with activities pertaining to scientific activities yeast or other organisms that deal with increasing functionality of the human anatomy. Biohacking enables the non-scientific community to participate and experience the advanced analytics and measures that deal with the latter. The primary driving factors for the significant growth of the global biohacking market can be credited to the rising adoption of biohacking products, increasing consumer awareness, rising disposable incomes, increased focus of key players towards R&D activities, and favorable government policies.
Moreover, the dedicated focus of manufacturers and vendors on integrating testing kits and solutions regarding COVID-19 will increase the footprint of the global biohacking market during the advent of the forecast in a wider consumer base. Rising funding from the private sector coupled with the rising consumer awareness will further increase the horizons that the global biohacking market encompasses currently.
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Our Free Sample Report Includes:
- 2020 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 225+ Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of table & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)
Industry Major Market Players
- Apple Inc.
- The ODIN
- Thync Global Inc.
- Fitbit Inc.
- Moodmetric
- HVMN Inc.
- Muse (Interaxon Inc.)
- Thriveport LLC
- TrackMyStack
- OsteoStrong
- Grindhouse Wetware
- SynBioBeta LLC
To know an additional revised list of 2020-2021 top market players, request a sample report: https://www.fnfresearch.com/sample/biohacking-market
Key questions answered in this report:
- What is the projected market size & growth rate of the Biohacking Market?
- What are the key driving factors for the growth of the Biohacking Market?
- What are the top companies operative in Biohacking Market?
- What segments are covered in Biohacking Market?
- How can I get free sample report/company profiles of the Biohacking Market?
Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/biohacking-market
Market Growth Factors, Dynamics & Drivers
On the basis of product, the global biohacking market can be divided into wearables, implants, gene modification kits, smart drugs, supplements, mobile applications, and others. The segment pertaining to wearable is expected to occupy the largest market share during the advent of the forecast owing to the increased focus of key players in the particular segment coupled with the rising demand for wearables due to optimal pricing solutions.
On the basis of applications, the global biohacking market can be further disintegrated into monitoring, treatment, research, and others. Monitoring is expected to witness the largest market share during the advent of the forecast owing to the rising usage of wearables and implants coupled with rising support from the segment pertaining to mobile applications. The segment of treatment is expected to witness the fastest growing CAGR during the forecast period.
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Global Biohacking Market: Report Scope
Report Attribute | Details |
Market Size 2020 Value | USD 14.65 Billion |
Market Forecast for 2026 | USD 65.4 Billion |
Expected CAGR Growth | CAGR 21.1% from 2021-2026 |
Base Year | 2020 |
Forecast Year | 2021-2026 |
Top Market Players | Apple, Inc., The ODIN, Thync Global, Inc., Fitbit, Inc., Moodmetric, HVMN, Inc., Muse (Interaxon, Inc.), Thriveport LLC and Others |
Segments Covered | Product, Application, End-Users, and Region |
Geographies Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Pricing Options | Request customized purchase options to meet your research needs. Explore purchase options |
North America Is Expected To Hold The Largest Market Share In The Global Biohacking Market
North America is expected to occupy the largest market share during the advent of the forecast with a recent trend indicating more than 35% of the current market occupancy. Other factors such as the rising research and development activities coupled with increasing government initiatives are anticipated to fuel the biohacking market growth. Additional factors that are responsible for the rising market share for the biohacking market in the region are the increasing adoption of synthetic biology. Asia-Pacific is expected to witness the fastest growing CAGR during the forecast owing to the increasing presence of technologically advanced healthcare infrastructure and favorable government policies.
Browse in the full report “Biohacking Market By Product (Wearables, Implants, Gene Modification Kits, Smart Drugs, Supplements, Mobile Applications, & Others), By Application (Monitoring, Treatment, Research, & Others), By End-Users (Pharmaceutical & Biotechnology Companies, Hospitals & Clinics, Forensic Laboratories, Research & Academic Institutes, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026” at https://www.fnfresearch.com/biohacking-market
The global biohacking market can be further segmented into:
Global Biohacking Market: By Product Segment Analysis
- Wearables
- Implants
- Gene Modification Kits
- Smart Drugs
- Supplements
- Mobile Applications
- Others
Global Biohacking Market: By Application Segment Analysis
- Monitoring
- Treatment
- Research
- Others
Global Biohacking Market: By End-Users Segment Analysis
- Pharmaceutical & Biotechnology Companies
- Hospitals & Clinics
- Forensic Laboratories
- Research & Academic Institutes
- Others
Key Highlights of this Report:
- Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
- Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
- Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
- Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
- Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
- Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
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