Global Biohacking Market 2022 Key Stakeholders, CAGR, Growth Factors And Forecast 2031 | Thync Global Inc., Fitbit Inc., Osteostrong, HVMN Inc., Thriveport LLC, Apple Inc., Kaatsu Global, Trackmystack

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The global biohacking market report by the business research company identifies rising prevalence of chronic diseases to be a major growth driver for the biohacking market. The rising prevalence of chronic diseases is expected to propel the growth of the biohacking market going forward. Chronic diseases are conditions or illnesses that often last for three months or longer and have the potential to get worse over time. Biohacking methods such as improving the nutrition of the body, intermittent fasting, hydrogen inhalation therapy, and others can help to fight cancer and other chronic diseases. For instance, according to the World Health Organization, a US-based specialized agency responsible for international public health, chronic disease prevalence has risen by 57% in the year 2020.

The global biohacking market size is expected to grow from $18.80 billion in 2021 to $23.20 billion in 2022 at a compound annual growth rate (CAGR) of 23.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The biohacking market is expected to grow to $51.53 billion in 2026 at a CAGR of 22.1%.

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North America was the largest region in the biohacking market in 2021. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the biohacking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the biohacking market are Thync Global Inc., Fitbit Inc., OsteoStrong, HVMN Inc., Thriveport LLC, Apple Inc., Kaatsu Global, TrackMyStack, Interaxon Inc, SynBioBeta LLC, Elysium Health, InteraXon Inc., Behavioral Tech, Synbiota, and Primal Life Sciences.

The global biohacking market is segmented -
1) By Product: Wearables, Implants (Chips), Gene Modification Kits, Smart Drugs, Supplements, Mobile Apps, Other Products
2) By Component: Solution, Services
3) By Application: Synthetic Biology, Genetic Engineering, Forensic Science, Diagnosis and Treatment, Drug Testing
4) By End-User: Pharmaceutical and Biotechnology Companies, Hospitals and Clinics, Forensic Laboratories, Research and Academic Institutes, Other End Users

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The Biohacking Market Report Contents Include
1. Executive Summary
2. Biohacking Market Characteristics
3. Biohacking Market Trends And Strategies
4. Biohacking Market - Macro Economic Scenario
5. Biohacking Market Size And Growth
....
27. Biohacking Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biohacking Market
29. Biohacking Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the biohacking market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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