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Global Biohacking Market Size, Share & Trends Analysis Report by Product (Wearables, Smart Drugs), by Application (Monitoring, Treatment), by End-user (Hospitals & Clinics, Pharma & Biotech Companies) and Segment Forecasts, 2021-2028

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    Report

  • 163 Pages
  • June 2021
  • Region: Global
  • Grand View Research
  • ID: 5390539
Description Jump to:

The global biohacking market size is anticipated to reach USD 63.7 billion by 2028, registering a CAGR of 19.4% over the forecast period. Various initiatives by market players and rising funds for biohacking are the major factors fueling the market growth. The adoption of biohacking practices is growing due to their potential applications in decreasing the risk of developing a disease, especially genetically associated diseases, helping an individual to achieve mental, physical, or emotional changes, such as weight loss or reducing depression symptoms and optimize general functions of the body, such as blood pressure.

The global market has been significantly affected by the COVID-19 pandemic. Some of the major impacts of COVID-19 on the market include supply chain disruptions, a decline in sales and low demand. However, biohackers in the industry are investing in some research activities for the development of COVID-19 vaccines as well as test kits. This neutralized the market growth in 2020. For the purchase of equipment and materials, biohackers require basic funding. Other than crowdfunding, most of the activities at these labs are self-funded through membership and workshop fees. Furthermore, private donations are also used for raising money.

Oura Health, manufacturer of the Oura ring, a sleep-improvement and sleep tracking platform, raised USD 20 million in Series B funding led by MSD Capital in December 2018. The global market is fairly competitive. Most of the market players have undertaken strategies, such as new product launches, acquisitions and partnerships, to gain a competitive edge over each other. For instance, in September 2020, Apple Inc. partnered with the government of Singapore for launching a national health initiative using Apple Watch. With this, the country made an effort to leverage technology for delivering advanced health benefits to its citizens.


Biohacking Market Report Highlights

  • The wearables segment held the largest revenue share in 2020 owing to the high demand for wearables across the globe
  • The monitoring application segment led the market with a revenue share of more than 28.17% in 2020 owing to high product adoption for monitoring patient health conditions
  • The forensic laboratories segment is expected to register the second-fastest CAGR from 2021 to 2028 owing to the rising application of biohacking practices in forensic laboratories
  • In 2020, North America held the dominant share of the overall revenue owing to the presence of several key market players in the region, especially in the U.S.
  • Europe held the second-largest revenue share in 2020 and will expand at a steady CAGR from 2021 to 2028
  • Asia Pacific is expected to record the fastest CAGR over the forecast period owing to the presence of technologically advanced healthcare infrastructure along with favorable government initiatives


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Table of Contents

Chapter 1 Research Methodology & Scope
1.1 Market Segmentation & Scope
1.1.1 Estimates and Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased Database:
1.3.2 Internal Database
1.3.3 Secondary Sources
1.3.4 Primary Research:
1.3.5 Details of Primary Research
1.4 Information or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Workflow Analysis (Model 1)
1.7 List of Primary Sources
1.8 List of Secondary Sources
1.9 Report Objectives
Chapter 2 Executive Summary
2.1 Market Outlook
2.1.1 Biohacking Market Outlook, 2016 - 2028 (USD Million)
2.2 Biohacking Market Summary, 2020
2.3 Segment Outlook
Chapter 3 Biohacking Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.1.2 Ancillary Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Biohacking Market Dynamics
3.3.1 Market Driver Analysis
3.3.1.1 Increasing adoption of biohacking practices by consumers
3.3.1.2 Rising funds for biohacking
3.3.1.3 Growing initiatives by market players
3.3.2 Market Restraint Analysis
3.3.2.1 Ethical issues associated with biohacking
3.4 Biohacking Market Analysis Tools: Porters
3.4.1 Supplier Power: Low
3.4.2 Buyer Power: Moderate to High
3.4.3 Threat of Substitutes: Low
3.4.4 Threat of New Entrants: Moderate
3.4.5 Competitive Rivalry: High
3.5 Biohacking Market Analysis Tools: PESTEL Analysis
3.5.1 Political Landscape
3.5.2 Economic Landscape
3.5.3 Social Landscape
3.5.4 Technology Landscape
3.5.5 Legal Landscape
3.6 Regulatory Framework
3.7 Impact of COVID-19
3.7.1 COVID-19 Prevalence
3.7.2 COVID-19 Impact and Future Scenario
Chapter 4 Biohacking Market Competitive & Vendor Landscape
4.1 Participation Categorization
4.2 Competitive Dashboard Analysis
4.3 Public Companies
4.3.1 Company Market Position Analysis
4.3.2 Heat Map Analysis
4.4 Private Companies
4.4.1 List of Key Private Companies
Chapter 5 Biohacking Market: Product Estimates & Trend Analysis
5.1 Market: Product Movement Analysis
5.2 Wearables
5.2.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
5.3 Implants (Chips)
5.3.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
5.4 Gene Modification Kits
5.4.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
5.5 Smart Drugs
5.5.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
5.6 Supplements
5.6.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
5.7 Mobile Apps
5.7.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
5.8 Others
5.8.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
Chapter 6 Biohacking Market: Application Estimates & Trend Analysis
6.1 Market: Application Movement Analysis
6.2 Monitoring
6.2.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
6.3 Treatment
6.3.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
6.4 Research
6.4.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
6.5 Others
6.5.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
Chapter 7 Biohacking Market: End-User Estimates & Trend Analysis
7.1 Market: End User Movement Analysis
7.2 Pharmaceutical & Biotechnology Companies
7.2.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
7.3 Hospitals & Clinics
7.3.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
7.4 Forensic Laboratories
7.4.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
7.5 Research & Academic Institutes
7.5.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
7.6 Others
7.6.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
Chapter 8 Biohacking Market: Regional Estimates & Trend Analysis
8.1 Market Shares By Region, 2020 & 2028
8.2 North America
8.2.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.2.2 The U.S.
8.2.2.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.2.3 Canada
8.2.3.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.3 Europe
8.3.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.3.2 The U.K.
8.3.2.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.3.3 Germany
8.3.3.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.3.4 France
8.3.4.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.3.5 Spain
8.3.5.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.3.6 Italy
8.3.6.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.3.7 Russia
8.3.7.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.4 Asia Pacific
8.4.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.4.2 Japan
8.4.2.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.4.3 South Korea
8.4.3.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.4.4 India
8.4.4.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.4.5 China
8.4.5.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.4.6 Australia
8.4.6.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.5 Latin America
8.5.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.5.2 Brazil
8.5.2.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.5.3 Mexico
8.5.3.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.5.4 Argentina
8.5.4.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.6 Mea
8.6.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.6.2 South Africa
8.6.2.1 Market Estimates and Forecasts, 2016 - 2028 (USD Million)
8.6.3 Saudi Arabia
8.6.3.1 Market estimates and forecasts, 2016 - 2028 (USD Million)
8.6.4 UAE
8.6.4.1 Market estimates and forecasts, 2016 - 2028 (USD Million)
Chapter 9 Company Profiles
9.1 Apple Inc.
9.1.1 Company Overview
9.1.2 Financial Performance
9.1.3 Product Benchmarking
9.1.4 Strategic Initiatives
9.2 The ODIN
9.2.1 Company Overview
9.2.2 Financial Performance
9.2.3 Product Benchmarking
9.2.4 Strategic Initiatives
9.3 Thync Global Inc.
9.3.1 Company Overview
9.3.2 Product Benchmarking
9.4 Fitbit, Inc.
9.4.1 Company Overview
9.4.2 Financial Performance
9.4.3 Product Benchmarking
9.4.4 Strategic Initiatives
9.5 Moodmetric
9.5.1 Company Overview
9.5.2 Financial Performance
9.5.3 Product Benchmarking
9.5.4 Strategic Initiatives
9.6 HVMN Inc.
9.6.1 Company Overview
9.6.2 Financial Performance
9.6.3 Product Benchmarking
9.7 Muse (Interaxon, Inc.)
9.7.1 Company Overview
9.7.2 Product Benchmarking
9.7.3 Strategic Initiatives
9.8 ThrivePort, LLC
9.8.1 Company Overview
9.8.2 Product Benchmarking
9.9 TrackMyStack
9.9.1 Company Overview
9.9.2 Financial Performance
9.9.3 Product Benchmarking
9.9.4 Strategic Initiatives
9.10 OsteoStrong
9.10.1 Company Overview
9.10.2 Financial Performance
9.10.3 Product Benchmarking
9.10.4 Strategic Initiatives
List of Tables
Table 1 Primary interview details: North America
Table 2 Primary interview details: Europe
Table 3 Primary interview details: Asia Pacific
Table 4 Primary interview details: Latin America
Table 5 Primary interview details: Middle East and Africa
Table 6 List of secondary sources
Table 7 List of key private companies
Table 8 North America Biohacking market, by product, 2016 - 2028 (USD Million)
Table 9 North America Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 10 North America Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 11 The U.S. Biohacking market, by product, 2016 - 2028 (USD Million)
Table 12 The U.S. Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 13 The U.S. Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 14 Canada Biohacking market, by product, 2016 - 2028 (USD Million)
Table 15 Canada Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 16 Canada Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 17 Europe Biohacking market, by product, 2016 - 2028 (USD Million)
Table 18 Europe Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 19 Europe Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 20 The U.K. Biohacking market, by product, 2016 - 2028 (USD Million)
Table 21 The U.K. Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 22 The U.K. Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 23 Germany Biohacking market, by product, 2016 - 2028 (USD Million)
Table 24 Germany Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 25 Germany Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 26 France Biohacking market, by product, 2016 - 2028 (USD Million)
Table 27 France Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 28 France Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 29 Italy Biohacking market, by product, 2016 - 2028 (USD Million)
Table 30 Italy Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 31 Italy Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 32 Spain Biohacking market, by product, 2016 - 2028 (USD Million)
Table 33 Spain Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 34 Spain Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 35 Russia Biohacking market, by product, 2016 - 2028 (USD Million)
Table 36 Russia Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 37 Russia Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 38 Asia Pacific Biohacking market, by product, 2016 - 2028 (USD Million)
Table 39 Asia Pacific Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 40 Asia Pacific Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 41 Japan Biohacking market, by product, 2016 - 2028 (USD Million)
Table 42 Japan Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 43 Japan Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 44 South Korea Biohacking market, by product, 2016 - 2028 (USD Million)
Table 45 South Korea Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 46 South Korea Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 47 India Biohacking market, by product, 2016 - 2028 (USD Million)
Table 48 India Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 49 India Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 50 China Biohacking market, by product, 2016 - 2028 (USD Million)
Table 51 China Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 52 China Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 53 Australia Biohacking market, by product, 2016 - 2028 (USD Million)
Table 54 Australia Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 55 Australia Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 56 Latin America Biohacking market, by product, 2016 - 2028 (USD Million)
Table 57 Latin America Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 58 Latin America Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 59 Brazil Biohacking market, by product, 2016 - 2028 (USD Million)
Table 60 Brazil Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 61 Brazil Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 62 Mexico Biohacking market, by product, 2016 - 2028 (USD Million)
Table 63 Mexico Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 64 Mexico Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 65 Argentina Biohacking market, by product, 2016 - 2028 (USD Million)
Table 66 Argentina Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 67 Argentina Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 68 MEA Biohacking market, by product, 2016 - 2028 (USD Million)
Table 69 MEA Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 70 MEA Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 71 South Africa Biohacking market, by product, 2016 - 2028 (USD Million)
Table 72 South Africa Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 73 South Africa Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 74 KSA Biohacking market, by product, 2016 - 2028 (USD Million)
Table 75 KSA Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 76 KSA Biohacking market, by end user, 2016 - 2028 (USD Million)
Table 77 UAE Biohacking market, by product, 2016 - 2028 (USD Million)
Table 78 UAE Biohacking market, by Application, 2016 - 2028 (USD Million)
Table 79 UAE Biohacking market, by end user, 2016 - 2028 (USD Million)
List of Figures
Fig. 1 Market segmentation
Fig. 2 Market research process
Fig. 3 Data triangulation techniques
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Value-chain-based sizing & forecasting
Fig. 7 QFD modeling for market share assessment
Fig. 8 Market formulation & validation
Fig. 9 Commodity workflow analysis
Fig. 10 Biohacking market revenue, 2016 - 2028 (USD Million)
Fig. 11 Biohacking market snapshot, 2020 (USD Million)
Fig. 12 Parent market outlook
Fig. 13 Ancillary market outlook
Fig. 14 Penetration & growth prospect mapping by Product, 2020
Fig. 15 Biohacking market dynamics
Fig. 16 Biohacking market driver impact
Fig. 17 Biohacking market restraint impact
Fig. 18 COVID-19 disease prevalence
Fig. 19 Market Participant Categorization
Fig. 20 Competitive dashboard analysis
Fig. 21 Company market position analysis
Fig. 22 Heat map analysis
Fig. 23 Biohacking market Product outlook: Key takeaways
Fig. 24 Biohacking market: Product movement analysis
Fig. 25 Global wearables market, 2016 - 2028 (USD Million)
Fig. 26 Global Implants (Chips) market, 2016 - 2028 (USD Million)
Fig. 27 Global Gene Modification Kits market, 2016 - 2028 (USD Million)
Fig. 28 Global Smart Drugs market, 2016 - 2028 (USD Million)
Fig. 29 Global Supplements market, 2016 - 2028 (USD Million)
Fig. 30 Global Mobile Apps market, 2016 - 2028 (USD Million)
Fig. 31 Global Others market, 2016 - 2028 (USD Million)
Fig. 32 Biohacking market: Application movement analysis
Fig. 33 Biohacking market: Application outlook: Key takeaways
Fig. 34 Global Monitoring market, 2016 - 2028 (USD Million)
Fig. 35 Global Treatment market, 2016 - 2028 (USD Million)
Fig. 36 Global Research market, 2016 - 2028 (USD Million)
Fig. 37 Global Others market, 2016 - 2028 (USD Million)
Fig. 38 Biohacking market: End User movement analysis
Fig. 39 Biohacking market: End User outlook: Key takeaways
Fig. 40 Global Pharmaceutical & Biotechnology Companies market, 2016 - 2028 (USD Million)
Fig. 41 Global Hospitals & Clinics market, 2016 - 2028 (USD Million)
Fig. 42 Global Forensic Laboratories market, 2016 - 2028 (USD Million)
Fig. 43 Global Research & Academic Institutes market, 2016 - 2028 (USD Million)
Fig. 44 Global Others market, 2016 - 2028 (USD Million)
Fig. 45 Regional marketplace: Key takeaways
Fig. 46 Regional outlook, 2020 & 2028
Fig. 47 North America Biohacking market, 2016 - 2028 (USD Million)
Fig. 48 The U.S. Biohacking market, 2016 - 2028 (USD Million)
Fig. 49 Canada Biohacking market, 2016 - 2028 (USD Million)
Fig. 50 Europe Biohacking market, 2016 - 2028 (USD Million)
Fig. 51 The U.K. Biohacking market, 2016 - 2028 (USD Million)
Fig. 52 Germany Biohacking market, 2016 - 2028 (USD Million)
Fig. 53 France Biohacking market, 2016 - 2028 (USD Million)
Fig. 54 Spain Biohacking market, 2016 - 2028 (USD Million)
Fig. 55 Italy Biohacking market, 2016 - 2028 (USD Million)
Fig. 56 Russia Biohacking market, 2016 - 2028 (USD Million)
Fig. 57 Asia Pacific Biohacking market, 2016 - 2028 (USD Million)
Fig. 58 Japan Biohacking market, 2016 - 2028 (USD Million)
Fig. 59 South Korea Biohacking market, 2016 - 2028 (USD Million)
Fig. 60 India Biohacking market, 2016 - 2028 (USD Million)
Fig. 61 China Biohacking market, 2016 - 2028 (USD Million)
Fig. 62 Australia Biohacking market, 2016 - 2028 (USD Million)
Fig. 63 Latin America Biohacking market, 2016 - 2028 (USD Million)
Fig. 64 Brazil Biohacking market, 2016 - 2028 (USD Million)
Fig. 65 Mexico Biohacking market, 2016 - 2028 (USD Million)
Fig. 66 Argentina Biohacking market, 2016 - 2028 (USD Million)
Fig. 67 MEA Biohacking market, 2016 - 2028 (USD Million)
Fig. 68 South Africa Biohacking market, 2016 - 2028 (USD Million)
Fig. 69 Saudi Arabia Biohacking market, 2016 - 2028 (USD Million)
Fig. 70 UAE Biohacking market, 2016 - 2028 (USD Million)

Companies Mentioned

  • Apple Inc.
  • The ODIN
  • Thync Global Inc.
  • Fitbit, Inc.
  • Moodmetric
  • HVMN Inc.
  • Muse (Interaxon, Inc.)
  • ThrivePort, LLC
  • TrackMyStack
  • OsteoStrong

Methodology

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Table Information

Report AttributeDetails
No. of Pages163
PublishedJune 2021
Forecast Period2021 - 2028
Estimated Market Value ( USD ) in 2021 $ 18.4 billion
Forecasted Market Value ( USD ) by 2028 $ 63.7 billion
Compound Annual Growth Rate19.4%
Regions CoveredGlobal
No. of Companies Mentioned10

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