Get a Overview of the Biohacking Industry here http://bit.ly/Bio-hacking
Biohacking refers to managing one's own biology using a combination of medical, nutritional and electronic techniques. Biohackers are people who perform lab experiments to explore new possibilities of biotechnology, molecular biology, genetic engineering and many other aspects of biology. They undertake number of various experimentation on the body, for instance, inserting microchips to control stress level or monitor heart rate.
Microchip is a unit of packaged computer circuitry, manufactured from a material such as silicon. They are made of microprocessors and for computer memory and are also used for various purposes such as such as analog-to-digital conversion, bit slicing, and gateways. Implanting microchips into the human body can transform number of daily activities a person does. The size these microchips is as small as a rice grain that can be easily implanted under the skin. Most of the bio hackers get these implanted into their skin which makes their tasks easier than ever before. For instance, opening a security lock or door.
Bio hackers have developed number of products exploring the body and mind, which will benefit the mankind. Some of the revolutionary products are microchips, smart drugs, magnetic fingertips, RFID implants, brain sensors, bacterial and yeast strains, health tracker, body sensors, smart blood pressure monitor and many others.
The global biohacking market is mainly driven by rising awareness about biohacking, increasing prevalence of chronic diseases, and extensive demand smart devices and drugs across the globe. Furthermore, presence of prominent market players also influences the growth of the market. However, the market growth of the market is restrained by lack of cyber security practices.
The global biohacking market is expected to grow at a CAGR of 19.42% during the forecast period.