The global cognitive assessment and training market exhibited strong growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 22% during (2021-2026), according to the latest report by IMARC Group.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Cognitive assessment and training refer to a formal evaluation of psychological faculties that are used to detect cognitive impairment in the early stages. They help in assessing the psychological functioning and speed of information processing in a patient.
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Market Trends:
The market is primarily driven by the growing awareness regarding the importance of maintaining cognitive health. There has been a rise in the prevalence of mental disorders due to malnutrition, prenatal drug exposure, genetic syndromes and chromosome abnormalities in early childhood, and neural disorders and drug treatments in old age. This has led to an increased demand for cognitive assessment and training worldwide. Besides this, with technological advancements, market players have introduced computerized cognitive assessment tools that offer automated scoring, enhanced accuracy in detection and minimized chances of human error. Along with this, improving healthcare facilities across the globe are further catalyzing the growth of the market.
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The report has segmented the market on the basis of assessment type, component, application, end-user sector and geography.
Breakup by Assessment Type:
Pen- and Paper-Based Assessment
Hosted Assessment
Biometrics Assessment
Breakup by Component:
Solutions
Assessment
Data Management
Project Management
Data Analysis and Reporting
Others
Services
Training and Support
Consulting
Breakup by Application:
Clinical Trials
Classroom Learning
Corporate Learning
Brain Training
Research
Others
Breakup by End-User Sector:
Education
Healthcare
Corporate
Sports
Defense
Others
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being CRF Bracket, Brain Resource Ltd., Cambridge Cognition Ltd, Cognifit, Cogstate Ltd., ERT Clinical, ImPACT Applications Inc., MedAvante-ProPhase Inc., Pearson Education, Prophase LLC, Quest Diagnostics Inc., etc.
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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