Contact Us
Phase-Xs | Biologics & Biosimilars | Coherent Market Insights

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Biohacking refers to the biological experiments conducted in small labs that are done by either an individual or a small community. That is why biohacking is also called as Do-It-Yourself (DIY) biology. The biological experiments performed in small labs could be related to genetic engineering, 3-D printing using light-sensitive bacteria, or many such biological experiments. Biohackers have developed various products to explore the human body and mind such as smart drugs, microchips, brain sensors, magnetic fingerprints, RFID implants, bacterial and yeast strains, smart blood pressure monitor, and health trackers.

The global biohacking market is estimated to be USD 15755.29 Million in 2021 and is expected to reach USD 45951.81 million by 2028 to grow at a CAGR of 17% during the forecast period (2021 –2028).

Figure 1. Global Biohacking Market Value (US$ Mn), and Y-o-Y Growth (%), 2017-2028

Biohacking  | Coherent Market Insights

The rising demand for smart devices is expected to drive the market growth over the forecast period.

Increasing demand for smart devices is expected to propel the m arket growth over the forecast period. In December 2020, InsideTracker launched its mobile app, InsideTracker that provides a platform for people to receive real-time information and recommendations, the app integrates data from an individual’s blood biomarkers, DNA, and activity trackers. Through activity trackers, InsideTracker users can track their resting heart rate and sleep data, including their REM sleep time and deep sleep time, and receive a more in-depth and precise understanding of their health and performance.

request-sample

Biohacking Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2021: US$ 15755.29 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 17% 2028 Value Projection: US$ 45951.81 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Type: Inside, Outside
  • By Product: Smart Drugs, Sensors, Strains, Others
  • By Application: Synthetic Biology, Genetic Engineering, Forensic Science, Diagnosis & Treatment, Drug Testing
  • By End User: Pharmaceutical & Biotechnology Companies, Forensic Laboratories, Others.
Companies covered:

Thync Global Inc., Apple Inc., HVMN, Synbiota, MoodMetric, THE ODIN, and Fitbit, Inc.

Growth Drivers:
  • Rising demand for smart devices 
  • Rising prevalence of chronic diseases
  • Increasing R&D investments by pharmaceutical companies and government
Restraints & Challenges:
  • Strict regulations that govern the genetic engineering experiments
  • Lack of expertise in biohacking fieldLack of expertise in biohacking field
  • Lack of cyber security practices

Figure 2. Global Biohacking Market Share (%), by Type, 2021

Biohacking  | Coherent Market Insights

Biohacking Market – Regional Analysis:

North America region is expected to dominate with the largest market share in the global biohacking market, owing to the different state legislations in the U.S., governing experimentations in biology, thus making it easier for the bio hackers to share tips and techniques to help non-experts conduct structured experiments on themselves outside of a controlled experimental environment. On the other hand, Europe has emerged as the second largest market in the biohacking sector, owing to the increasing prevalence of diabetes in this region, mostly due to increases in overweight and obesity, unhealthy diet and physical inactivity which makes diabetes one of the most common chronic disease in the Europe region, which is expected to grow continuously in the future. According to the report published by World Health Organization (WHO) in 2019, currently over 60 million people suffer with diabetes in the Europe. Additionally, diabetes is a major risk factor for the cardiovascular diseases.

Global Biohacking Market– Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization declared it as a public health emergency in 2020. According to the Coronavirus Disease (COVID-19) Weekly Epidemiological Update by the World Health Organization, the number of COVID-19 cases reported in the U.S. as of June 3, 2021 are approximately 32,963,318 with around 589,555 deaths. The coronavirus or COVID-19 outbreak that started from Wuhan, China, and has spread across continents, affecting various industries globally. Supply of key materials such as probes required for interventional ablation have been severely disrupted due to forced quarantine and imposed lockdowns in various countries, which has led to disruption in the link between warehouses. The coronavirus crisis has given a boost to the pharmaceutical companies to grow, which have been actively working on ambitious drug and vaccine projects with a sole aim to contain the viral outbreak. Such demanding R&D projects are creating a wealth of opportunities for innovations in biohacking market landscape.

Global Biohacking Market: Restraint

Strict regulations that govern the genetic engineering experiments, lack of funds required for research, and lack of expertise as well as lack of cyber security practices are expected to restrain the market during the forecast period. One of the main issues is that these biohacking devices use web services to communicate with each other and feed data directly to patient’s medical records. A lot of web services are unauthenticated or unencrypted between devices, so a hacker could alter the information that gets fed into the medical record.

Key Players

Major players operating in the global biohacking market include Thync Global Inc., Apple Inc., HVMN, Synbiota, MoodMetric, THE ODIN, and Fitbit, Inc.

Biohacking 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 or groups working in a scientific research environment or in 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. The concept of biohacking has brought an absolute change in the field of synthetic biology. Biohacking has developed an urge for the development and innovation of new products that improve our health, fight ageing, and up our life expectancy. It combines the aspects of technology and synthetic biology. Laboratory experiments are conducted by 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 developing various products to explore the different functions taking place in a human body. Some of the remarkable products from biohacking market include smart drugs, microchips, magnetic fingertips, brain sensors, RFID implants, bacterial and yeast strains, body sensors, and smart blood pressure monitor health trackers.

Market Dynamics

The increasing prevalence of chronic diseases, such as diabetes and cancer, is one major driving force that is triggering the market growth. As per the reports of the American Cancer Association, 2020, 13% of the U.S. population are diagnosed with cancer before they cross the age of 20. The National Diabetes Statistics Report, 2020 indicates that 10.5% of the U.S. population suffers from diabetes. Early diagnosis of the chronic disease is the only way out and is a belief that increasing prevalence of the same is triggering the biohacking market growth.

Key features of the study:

  • This report provides in-depth analysis of the global biohacking market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global biohacking market based on the following parameters – Company Highlights, Types Portfolio, Key Highlights, Financial Performance, and Market Strategies.
  • Key companies covered as a part of this study include Thync Global Inc., Apple Inc., HVMN, Synbiota, MoodMetric, THE ODIN, Fitbit, Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global biohacking market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global biohacking market

Detailed Segmentation:

  • Global biohacking market, By Type:
    • Inside
    • Outside
  • Global biohacking market, By Product:
    • Smart Drugs
    • Sensors
    • Strains
    • Others
  • Global biohacking market, By Application:
    • Synthetic Biology
    • Genetic Engineering
    • Forensic Science
    • Diagnosis & Treatment
    • Drug Testing
  • Global biohacking market, By End User:
    • Pharmaceutical & Biotechnology Companies
    • Forensic Laboratories
    • Others
  • Global biohacking Market, By Region:   
    • North America
      • By Type
        • Inside
        • Outside
      • By Product
        • Smart Drugs
        • Sensors
        • Strains
        • Others
      • By Application
        • Synthetic Biology
        • Genetic Engineering
        • Forensic Science
        • Diagnosis & Treatment
        • Drug Testing
      • By End User
        • Pharmaceutical & Biotechnology Companies
        • Forensic Laboratories
        • Others
      • By Country
        • U.S.
        • Canada
    • Latin America
      • By Type
        • Inside
        • Outside
      • By Product
        • Smart Drugs
        • Sensors
        • Strains
        • Others
      • By Application
        • Synthetic Biology
        • Genetic Engineering
        • Forensic Science
        • Diagnosis & Treatment
        • Drug Testing
      • By End User
        • Pharmaceutical & Biotechnology Companies
        • Forensic Laboratories
        • Others
      • By Country
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Type
        • Inside
        • Outside
      • By Product
        • Smart Drugs
        • Sensors
        • Strains
        • Others
      • By Application
        • Synthetic Biology
        • Genetic Engineering
        • Forensic Science
        • Diagnosis & Treatment
        • Drug Testing
      • By End User
        • Pharmaceutical & Biotechnology Companies
        • Forensic Laboratories
        • Others
      • By Country
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Type
        • Inside
        • Outside
      • By Product
        • Smart Drugs
        • Sensors
        • Strains
        • Others
      • By Application
        • Synthetic Biology
        • Genetic Engineering
        • Forensic Science
        • Diagnosis & Treatment
        • Drug Testing
      • By End User
        • Pharmaceutical & Biotechnology Companies
        • Forensic Laboratories
        • Others
      • By Country
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Type
        • Inside
        • Outside
      • By Product
        • Smart Drugs
        • Sensors       
        • Strains
        • Others
      • By Application
        • Synthetic Biology
        • Genetic Engineering
        • Forensic Science
        • Diagnosis & Treatment
        • Drug Testing
      • By End User
        • Pharmaceutical & Biotechnology Companies
        • Forensic Laboratories
        • Others
      • By Country
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Type
        • Inside
        • Outside
      • By Product
        • Smart Drugs
        • Sensors
        • Strains
        • Others
      • By Application
        • Synthetic Biology
        • Genetic Engineering
        • Forensic Science
        • Diagnosis & Treatment
        • Drug Testing
      • By End User
        • Pharmaceutical & Biotechnology Companies
        • Forensic Laboratories
        • Others
      • By Country
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • Thync Global Inc.
      • Company Highlights
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Market Strategies
    • Apple Inc.
    • HVMN
    • Synbiota
    • MoodMetric
    • THE ODIN
    • Fitbit, Inc.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snapshot, By Type
      • Market Snapshot, By Product
      • Market Snapshot, By Application
      • Market Snapshot, By End User
      • Market Snapshot, By Region
      • Market Opportunity Map
  3. Global Biohacking Market Insights
    • Drivers
    • Restraints
    • Opportunity
    • Impact Analysis
    • Product Launches
    • Key Developments
    • Regulatory Scenario
    • PEST Analysis
  4. Global Biohacking Market - Impact of Coronavirus (Covid-19) Pandemic
    • Economic Impact
    • COVID-19 Epidemiology
    • Impact of COVID-19 on Production of drugs and vaccines
  5. Global Biohacking Market, By Type, 2017 – 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 – 2028
      • Segment Trends
    • Inside
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
    • Outside
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
  6. Global Biohacking Market, By Product, 2017 – 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 – 2028
      • Segment Trends
    • Smart Drugs
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
    • Sensors
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million
    • Strains
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
  7. Global Biohacking Market, By Application, 2017 – 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 – 2028
      • Segment Trends
    • Synthetic Biology
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
    • Genetic Engineering
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million
    • Forensic Science
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
    • Diagnosis & Treatment
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
    • Drug Testing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
  8. Global Biohacking Market, By End User, 2017 – 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 – 2028
      • Segment Trends
    • Pharmaceutical & Biotechnology companies
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
    • Forensic Laboratories
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028 (US$ Million)
  9. Global Biohacking Market, By Region, 2017 – 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 – 2028
      • Region at Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Product, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth,  By End User, 2017–2028, (US$ Mn)
      • Market Size and Forecast By Value, and Y-o-Y Growth, By Country, 2016–2028, (US$ Million)
        • U.S.
        • Canada
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Product, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017–2028, (US$ Mn)
      • Market Size and Forecast By Value, and Y-o-Y Growth, By Country, 2017–2028, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Product, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth,  By End User, 2017–2028, (US$ Mn)
      • Market Size and Forecast By Value, and Y-o-Y Growth, By Country, 2017–2028, (US$ Million)
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Product, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth,  By End User, 2017–2028, (US$ Mn)
      • Market Size and Forecast By Value, and Y-o-Y Growth, By Country, 2017–2028, (US$ Million)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Product, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth,  By End User, 2017–2028, (US$ Mn)
      • Market Size and Forecast By Value, and Y-o-Y Growth, By Country, 2016–2028, (US$ Million)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Product, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2017 – 2028, (US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth,  By End User, 2017–2028, (US$ Mn)
      • Market Size and Forecast By Value, and Y-o-Y Growth, By Country, 2016–2028, (US$ Million)
        • South Africa
        • Central Africa
        • North Africa
  10. Competitive Snapshot
    • Company Profiles
      • Thync Global Inc.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Market Strategies
      • Apple Inc.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Market Strategies
      • HVMN
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Market Strategies
      • Synbiota
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Market Strategies
      • MoodMetric
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Market Strategies
      • THE ODIN
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Market Strategies
      • Fitbit, Inc.
        • Company Highlights
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Market Strategies
  11. Section
    • Research Methodology
    • About us

*Browse 44 market data tables and 37 figures on "Global Biohacking Market” - Global forecast to 2028

FAQgrowicon

Frequently Asked Questions

The market size is estimated to be valued at US$ 15755.29 Million in 2021 and is expected to exhibit a CAGR of 17% between 2021 and 2028.
Rising prevalence of chronic diseases and rapidly increasing awareness about the concept and medical benefits of biohacking are collectively fuelling the growth of market.
The smart drugs segment is expected to lead the global market as these drugs are popularly used for improving memory, function, motivation, and creativity in individuals.
Lack of funds required for research is the major factor restraining growth of the market.
Major players operating in the market include Thync Global Inc., Apple Inc., HVMN, Synbiota, MoodMetric, THE ODIN, and Fitbit, Inc.
Existing Clientele

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients

Our Trusted Patner

Subscribe Newsletter

Kindly Subscribe for our latest news & articles.