Global Biohacking Market: Overview
Experiments in the field of biology
includes the use of drugs or gene editing or implants which improve the
capabilities or qualities of living organisms. This is done by the
individuals and their groups working in a scientific research
environment or a traditional medical laboratory. Biohacking is managing
one’s own biology with the combination of nutritional, electronic, and
medical technologies. It is also referred to as Do-It-Yourself (DIY)
biology. Biohacking has brought out an absolute change in the field of
synthetic biology. Biohacking have developed an urge of development and
innovation of new products. It combines the aspects of technology and
synthetic biology. Laboratory experiments are conducted scientists and
research individuals to explore new avenues in biotechnology, genetic
engineering, and molecular biology. Biohackers embark on numerous
experimentations on the body such as monitoring of the heart rate or
insertion of microchips to control the stress level. Biohackers have
developed and are in the process of developing various products to
explore the human body. Some of the remarkable products are smart drugs,
microchips, magnetic fingertips, brain sensors, RFID implants,
bacterial and yeast strains, body sensors, and smart blood pressure
monitor health trackers. Currently, wearable analytic technological
devices are available widely. The current generation is have a positive
approach towards the Biohacking and its devices. Tracking of the heart
rate, steps, blood sugar level, and movement of the body, burning
calories or any other metrics, can be termed as Biohacking through
analytics. The options in terms of Biohacking to keep track of one’s
biological performance are wide ranging, innovative, and ever growing.
Report Overview @ https://www.transparencymarketresearch.com/biohacking-market.html
Increasing awareness about Biohacking,
rising demand for smart devices and effective drugs, and growing
prevalence of chronic diseases are factors expected to drive the global
Biohacking market during the forecast period. However, strict
regulations that govern the genetic engineering experiments, lack of
funds required for research, and lack of expertise as well as cyber
security practices are expected to restrain the market during the
forecast period.
Global Biohacking Market: Segmentation
The global Biohacking market can be
segmented based on type, product, application, end-user, and region.
Based on type, the market can be divided into outside biohacking and
inside biohacking. In terms of product, the global market can be
classified into sensors, smart drugs, strains, and others. Based on
application, the global Biohacking market can be segregated into
synthetic biology, genetic engineering, forensic science, diagnosis
& treatment, drug testing, and others. Based on end-user, the global
Biohacking market can be divided into pharmaceutical &
biotechnological companies, forensic laboratories, and others.
In terms of region, the global Biohacking
market can be segmented into North America, Asia Pacific, Europe, Latin
America, and Middle East & Africa. North America is expected to be a
prominent market for biohacking during the forecast period. The
region’s dominance can be attributed to strategic presence of key
players in the U.S. and Canada.
Key players operating in the global
Biohacking market are Fitbit, Inc., Apple Inc, Synbiota, Inc., The ODIN,
HVMN Inc, Thync Global Inc., Moodmetric, InteraXon Inc., and Behavioral
Tech.
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