February 28, 2019
WELLESLEY, Mass., February 28, 2019 – As a form of do-it-yourself (DIY) biology, biohacking represents a new frontier in the development of drugs, therapeutics, chronic disease management tools, wellness products and technology that can fight world poverty, hunger and disease. Consequently, biohacking is a market expected to see exceptionally high growth over the next five years, according to a new BCC Research report called “Biohacking.”
While the term “biohacking,” may sound like a futuristic concept, it refers to work that is being done right now, today. Biohacking is both an emerging industry and a social movement, in which individuals, communities and small group organizations use biology concepts to solve small and large problems themselves, instead of waiting for research institutions—often removed from the site of a problem and therefore unaware of what kind of solution is really needed—to take action.
“Biohacking gives everyone the ability to deconstruct and reconstruct biology using simple kits or supplements to achieve their immediate outcomes and also solve larger issues. Biohacking is here to stay. The future is DIY,” said BCC Research analyst Smruti Munshi.
Biohacking as a Social Movement
One of the reasons biohacking is viewed as a social movement is because of its DIY nature. Individual, communities, and small companies work around patent norms and develop low-cost, easy-to-use alternatives, so that things like medical care, access to quality food and water, optimal health and more are no longer the purview of the rich or the insured.
Editors/reporters requesting analyst interviews should contact Eric Surber at firstname.lastname@example.org.
Biohacking( HLC229A )
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email email@example.com or visit www.bccresearch.com/media to request access to our library of market research.