Biohacking Market

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Biohacking Market
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Market Overview
The Global Biohacking Market size was valued at
USD 18.95 Billion. in 2022, and the total revenue
is expected to grow by 19.8 from 2022 to 2030,
reaching nearly USD 80.40 Billion.
Biohacking is the use of functionally-enhancing
drugs or the use of external or internal implants
to enhance an individual's cognitive function,
memory, and creativity. The most common way is to
take nootropic drugs to develop intelligence and
concentration. Also known as do-it-yourself (DIY)
biology. Biohackers have set up shops in
warehouses, garages, and other similar spaces.
Well-known labs in the US include Biogarage,
Bioartlab, Genspace, BioCurious, and LA
Biohackers. Awareness of biohacking, the
prevalence of chronic diseases, and demand for
smart devices and drugs are the factors likely to
drive the biohacking market growth during the
forecast period (2021-2028). A lack of
cybersecurity practices may hinder the growth of
the biohacking market.
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Regional Analysis
The North American region is expected to hold the
largest market share in the global biohacking
market, due to various state laws in the US,
regulating experiments in biology, thus making it
Make it easy for bio hackers to share tips and
tricks to help out. experts conduct independent
structured experiments outside of a controlled
experimental environment. On the other hand,
Europe has emerged as the second largest market
in the biohacking sector, due to the increase in
diabetes in this region, mainly due to the
increase in overweight and obesity, poor diet and
physical inactivity that makes diabetes one of
the most important. Chronic diseases are common
in the European region, which is expected to
continue in the future. According to a report by
the World Health Organization (WHO) published in
2019, currently more than 60 million people
suffer from diabetes in Europe. Furthermore,
diabetes is the main cause of heart disease.
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The Global Biohacking Market has been segmented
into

• By Type
• Outside Biohacking
• Inside Biohacking
• Other

• By Application
• Synthetic Biology
• Genetic Engineering
• Forensics Sciences
• Other

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Strategic Developments

• In September 2020, Fitbit Inc. received US FDA
  and European Union CE approval for its ECG app
  for atrial fibrillation assessment.
• In September 2020, Apple Inc. launched the iPad
  Air featuring the A14 Bionic with
  second-generation machine learning accelerators.

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Market Players

• Thync Global Inc. (U.S.),
• Synbiota (Canada),
• Apple (U.S.),
• HVMN, Inc. (U.S.),
• MoodMetric (U.S.),
• THE ODIN (U.S.),
• Fitbit, Inc. (U.S.),
• And Others.

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