Thursday 28 February 2019

Biohacking Market Growth and Forecast 2019

ResearchMoz presents professional and in-depth study of "Biohacking".

The report provides an overview of the biohacking industry, which has gained momentum over the past two decades. The report showcases trends that are in vogue, locations where innovations are growing, and the potential of the multiple subsectors in the arena.

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As with any emerging sector, there are bound to be challenges. The report also looks at some of those and how different players are handling them. The objective of the report is to provide an overview of the biohacking sector, which can spur the interest of prospective investors, large corporations, and everyday hackers who could be inspired to create the next big opportunity. The reasons for doing the report is to explore how divergent and vast such a new and niche sector can be while showcasing the opportunities to be limitless.

Biohacking it sounds like a futuristic concept, one that is more in line with Isaac Asimovs works than that of Elon Musks.
What is biohacking? Simply put, biohacking is do-it yourself (DIY) biology; it gives everyone the ability to deconstruct and reconstruct biology using simple kits or supplements to achieve their immediate outcomes and also solve larger issues. A quote made famous by the movie Ratatouille describes this just as aptly. Anton Ego: In the past, I have made no secret of my disdain for Chef Gusteaus famous motto: Anyone can cook. But I realize, only now do I truly understand what he meant. Not everyone can become a great artist, but a great artist can come from anywhere. It is this principle that is the foundation of biohacking.

Technology hackers have been great at pulling code apart and using fundamentals to reengineer solutions. Applying this approach to biology has resulted in a boom in the maker-space of DIY biology. No longer the privilege of top research houses/institutes with extravagant laboratories, DIY biology is everywhere and is used for almost everything. But everybody off the street is not working on it. Like Google, which has a philosophy that allows side projects by employees, nearly 20% of all biohackers possess a Ph.D. or advanced post-doctoral degree.

Report Includes

    Explanation of Biohackers - ‘subculture of people with a whole range of different backgrounds…driven by a pioneering spirit,’ (who) ‘want to liberate themselves from the limitations of nature, age and disease.’
    Segmentation of the global biohacking market by type as outside and inside biohacking. Product-wise, the market is segmented into strains, sensors, smart drugs, and others. Major applications include synthetic biology, forensic science, genetic engineering, diagnosis & treatment, drug testing, and others. End-users in the market include pharmaceutical & biotechnology companies, forensic laboratories, and others
    Outline of how companies such as 23andMe provide direct-to-consumer genetics that with just a saliva drop provides consumers with access to personal health data

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    Discussion of a number of key players conducting biohacking awareness drives to help the adults understand the basics to biohacking, and thereby encourage new inventions
    Comprehensive profiles of the noteworthy market players, including Thync Global Inc. (U.S.), Synbiota (Canada), Apple (U.S.), HVMN, Inc. (U.S.), MoodMetric (U.S.), THE ODIN (U.S.), and Fitbit, Inc. (U.S.)

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