Sports and Fitness Biohacking Market Growth & Trends [2031]
Sports and Fitness Biohacking Market Growth & Trends [2031]
Segments - Sports and Fitness Biohacking Market by Product (Smart Drugs, Devices, and Strains), Indication (Weight Management, Stress Management, Immune Boost, Brain Upgrade, and Others), End-User (Pharmaceutical & Biotechnology Companies, Hospitals & Clinics, and Research & Academic Institutes), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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Report Description
Sports and Fitness Biohacking Market Outlook 2031
The global sports and fitness biohacking market size was valued at USD 23.34 Billion in 2022 and is likely to reach USD 158.28 Billion by 2031, expanding at a CAGR of 23.7% during 2023–2031. Increasing health and fitness awareness among the population is anticipated to fuel the market.
Biohacking is the process of body augmentation through mediation with the intention of improving physical capabilities, well-being, and overall fitness of the body. It aims at achieving a longer lifespan, increased physical & mental ability, and improve overall health. Biohacking is suitable for drug testing, synthetic biology, forensic science, diagnosis & treatment of ailments, and genetic engineering.
Biohacking methods including nanotechnology, gene therapy, and synthetic biology are used to improve athletic performances. Several biohacking techniques are being extensively used by professional athletes to enhance their physical capabilities and overall performance.
These techniques include practices such as using ketones to supercharge body energy resources, releasing psoas muscles for immediate calm, getting more energy output by increasing NAD+ (Nicotinamide Adenine Dinucleotide) levels, and focusing during interval workouts.
The biohacking solutions in the field of sports include the use of smart drugs, supplements, synchronized mobile apps, gene modification kits, wearable devices, biotech implants, and other medical devices. It helps in tracking changes that happen in the body and improves the overall health of a person who engages in physical activity.
The COVID-19 pandemic offered several potential growth opportunities to the sports and fitness biohacking market. The market growth was fueled due to the increase in health awareness among the population, which encouraged them to implement various biohacking practices in their fitness activities to improve their health. Moreover, many leading biohackers are involved in producing a COVID-19 testing kit, which boosted the market.
Sports and Fitness Biohacking Market Dynamics
Major Drivers
Increasing health awareness is expected to drive the market. Biohacking plays a crucial role in improving physical and mental health. It enhances overall health and stability, which further optimizes body functions and reduces depression symptoms.
Rising demand for personalized therapies is anticipated to boost the market during the projected period. Biohacking through smart devices, fitness apps, customized nutrition, and effective drugs increases vitality and improves the cognitive functions of individuals.
It helps in monitoring body vitals and keeping track of overall health. Moreover, the growing adoption of biohacking among young athletes propels the market.
Existing Restraints
High cost of biohacking devices is a major factor restraining the market. Biohacking experiments and practices are very expensive, especially when it comes to the use of hi-tech gadgets and high-performance biohacking supplements.
Moreover, strict government rules and regulations regarding genetic engineering experiments are likely to hinder the growth of the sports and fitness biohacking market.
Emerging Opportunities
Increasing prevalence of chronic diseases creates lucrative growth opportunities in the market. Chronic diseases are ailments that last for three months or a lifetime. As per the World Health Organization (WHO), there has been a 57% rise in the cases of chronic diseases in 2020.
Biohacking has the ability to improve health and provide better immunity against such diseases. Moreover, the proliferation of digital health technologies is anticipated to propel the market.
Scope of Sports and Fitness Biohacking Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Sports and Fitness Biohacking Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Product (Smart Drugs, Devices, and Strains), Indication (Weight Management, Stress Management, Immune Boost, Brain Upgrade, and Others), and End-User (Pharmaceutical & Biotechnology Companies, Hospitals & Clinics, and Research & Academic Institutes) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
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Key Players Covered in the Report |
BRAINEFFECT; Bulletproof 360, Inc.; Health Via Modern Nutrition Inc.; Innovative Medicine; Ixcela, Inc.; MOODMETRIC; NEUROHACKER COLLECTIVE, LLC; SynBioBeta; The ODIN; and Thync Global, Inc. |
Sports and Fitness Biohacking Market Segment Insights
Product Segment Analysis
Based on product, the sports and fitness biohacking market is divided into smart drugs, devices, and strains. The smart drugs segment is expected to expand at a significant growth rate during the projection period, due to the rising adoption among young athletes and fitness enthusiasts, as it helps to balance health-related problems and monitor drug adhesion. Sports and fitness enthusiasts use it to tackle problems like stress disorder, anxiety, and depression.
The devices segment is anticipated to grow at a rapid pace in the coming years, owing to the growing usage of wearable medical devices to track health. These devices track the heart rate, blood pressure, sugar level, and stress level. The segment growth is further attributed to the increasing penetration of the Internet of Things and smartphones.
Indication Segment Analysis
On the basis of indication, the global market is segregated into weight management, stress management, immune boost, brain upgrade, and others. The weight management segment is projected to register a considerable CAGR during the forecast period, due to the increasing rate of obesity and people becoming more health conscious.
Biohacks implemented in the fitness industry for weight loss including measured calorie intake, shorter eating windows, regulated water intake, and intermittent fasting to regulate the insulin response. The stress management segment is expected to grow robust due to increasing awareness about mental health problems. Performance stress is a major hurdle for athletes. Several biohacks practices are used for healing to alleviate stress.
It includes different types of breathwork, meditation, cold exposure via ice baths & cold showers, and red-light therapy.
End-User Segment Analysis
Based on end-user, the market is bifurcated into hospitals & clinics and sports & fitness clubs. The hospitals & clinics segment is estimated to generate a major revenue share of the market during the assessment period, owing to the wider access to several monitoring devices.
The availability of skilled medical professionals and the rising demand for novel therapies are further likely to boost the segment. For instance, underwater treadmills are used in hydrotherapy for increasing cardiovascular stamina and healing injured tissue.
Sports and Fitness Biohacking Market Regional Analysis
In terms of region, the global sports and fitness biohacking market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period, as people increasingly becoming health conscious and rising awareness about the benefits of biohacking in sports and fitness activities. Moreover, rising membership of fitness clubs in the region is likely to propel the market.
Segments
Product
- Devices
- Smart Drugs
- Strains
Indication
- Weight Management
- Stress Management
- Immune Boost
- Brain Upgrade
- Others
End-user
- Pharmaceutical & Biotechnology Companies
- Hospitals & Clinics
- Research & Academic Institutes
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- BRAINEFFECT
- Bulletproof 360, Inc.
- Health Via Modern Nutrition Inc.
- Innovative Medicine
- Ixcela, Inc.
- MOODMETRIC
- NEUROHACKER COLLECTIVE, LLC
- SynBioBeta
- The ODIN
- Thync Global, Inc.
Competitive Landscape
Key players competing in the global sports and fitness biohacking market are BRAINEFFECT; Bulletproof 360, Inc.; Health Via Modern Nutrition Inc.; Innovative Medicine; Ixcela, Inc.; MOODMETRIC; NEUROHACKER COLLECTIVE, LLC; SynBioBeta; The ODIN; and Thync Global, Inc.
These companies adopted development strategies including production expansion, mergers, collaboration, product launches, acquisitions, and partnerships to expand their consumer base worldwide. For instance,
- In September 2020, Fitbit Inc. obtained certification from the United States FDA and European Union’s CE for an electrocardiogram (ECG) application developed by them to diagnose arterial fibrillation.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Sports and Fitness Biohacking Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sports and Fitness Biohacking Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sports and Fitness Biohacking Market - Supply Chain
4.5. Global Sports and Fitness Biohacking Market Forecast
4.5.1. Sports and Fitness Biohacking Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sports and Fitness Biohacking Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Sports and Fitness Biohacking Market Absolute $ Opportunity
5. Global Sports and Fitness Biohacking Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Sports and Fitness Biohacking Market Size and Volume Forecast by End Users
5.3.1. Pharmaceutical & Biotechnology Companies
5.3.2. Hospitals & Clinics
5.3.3. Research & Academic Institutes
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Sports and Fitness Biohacking Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Sports and Fitness Biohacking Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Sports and Fitness Biohacking Demand Share Forecast, 2019-2026
7. North America Sports and Fitness Biohacking Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Sports and Fitness Biohacking Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Sports and Fitness Biohacking Market Size and Volume Forecast by End Users
7.4.1. Pharmaceutical & Biotechnology Companies
7.4.2. Hospitals & Clinics
7.4.3. Research & Academic Institutes
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Sports and Fitness Biohacking Demand Share Forecast, 2019-2026
8. Latin America Sports and Fitness Biohacking Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Sports and Fitness Biohacking Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Sports and Fitness Biohacking Market Size and Volume Forecast by End Users
8.4.1. Pharmaceutical & Biotechnology Companies
8.4.2. Hospitals & Clinics
8.4.3. Research & Academic Institutes
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Sports and Fitness Biohacking Demand Share Forecast, 2019-2026
9. Europe Sports and Fitness Biohacking Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Sports and Fitness Biohacking Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Sports and Fitness Biohacking Market Size and Volume Forecast by End Users
9.4.1. Pharmaceutical & Biotechnology Companies
9.4.2. Hospitals & Clinics
9.4.3. Research & Academic Institutes
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Sports and Fitness Biohacking Demand Share Forecast, 2019-2026
10. Asia Pacific Sports and Fitness Biohacking Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Sports and Fitness Biohacking Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Sports and Fitness Biohacking Market Size and Volume Forecast by End Users
10.4.1. Pharmaceutical & Biotechnology Companies
10.4.2. Hospitals & Clinics
10.4.3. Research & Academic Institutes
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Sports and Fitness Biohacking Demand Share Forecast, 2019-2026
11. Middle East & Africa Sports and Fitness Biohacking Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Sports and Fitness Biohacking Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Sports and Fitness Biohacking Market Size and Volume Forecast by End Users
11.4.1. Pharmaceutical & Biotechnology Companies
11.4.2. Hospitals & Clinics
11.4.3. Research & Academic Institutes
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Sports and Fitness Biohacking Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Sports and Fitness Biohacking Market: Market Share Analysis
12.2. Sports and Fitness Biohacking Distributors and Customers
12.3. Sports and Fitness Biohacking Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. BRAINEFFECT
12.4.2. Bulletproof 360, Inc.
12.4.3. Health Via Modern Nutrition Inc.
12.4.4. Innovative Medicine
12.4.5. Ixcela, Inc.
12.4.6. MOODMETRIC
12.4.7. NEUROHACKER COLLECTIVE, LLC
12.4.8. SynBioBeta
12.4.9. The ODIN
12.4.10. Thync Global, Inc.
Methodology
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