Report ID: SQMIG35H2217
Report ID:
SQMIG35H2217 |
Region:
Global |
Published Date: September, 2024
Pages:
157
|
Tables:
59 |
Figures:
75
Geographically, North America dominated the market in the previous years and is expected to lead over the forecast period owing to the region being home to many innovations and the presence of several technology companies and research institutes. A higher level of consumer awareness is also driving the market growth in the region. Ultimately, this demands the use of biohacking solutions that aim for health optimization. North America also holds a diverse population with different health demands, thus creating a market for more personalized products. The key players profiled in the region include Bulletproof, Oura Ring, InsideTracker, Thryve, Elysium Health, Viome, HVMN, and more.
Asia-Pacific is the fastest-growing region in the global biohacking market due to the growing health awareness, speedy urbanization, improvements in technology in wearables, and heavy investments in biotechnology. The rising awareness for wellness and health among the growing consumer base is notably driving the demand for biohacking techniques. Growing urbanization is also resulting in different health challenges and lifestyle changes. This triggers interest in wellness technologies and personal health optimization. Also, growing adoption of different health applications and wearable devices is boosting their availability, hence, the market growth in the region. Besides, growing disposable income of consumers resulting in increased spending power in supplements and wellness products is propelling the market growth in the region.
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Report ID: SQMIG35H2217