Increased adoption of gamification in cognitive assessment is a major factor expected to continue to drive growth of the cognitive assessment and training market in future.
Vancouver, BC -- (SBWIRE) -- 04/14/2021 -- The global cognitive assessment and training market size is expected to reach USD 15.65 Billion at a steady CAGR of 20.3% in 2028, according to latest analysis by Emergen Research. Increasing awareness regarding the advantages of maintaining good brain fitness is among some of the key factors driving growth of the cognitive assessment and training market. Cognitive assessment and training is not limited to adults, and is also a tool for use with children with learning disabilities such as dyslexia. Cognitive assessment and training tools have been in use for older individuals among the population suffering from vision and dementia problems.
The latest market report offers an in-depth analysis of quantitative and qualitative factors affecting the industry growth. Such elements of the report, along with the growth forecast over the foreseeable future, enable the reader to obtain meaningful insights into the global market.
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Some Key Highlights in the Report
In February 2021, Shift Concussion Management Guelph and VoxNeuro announced their entering into partnership, which enabled the addition of objective brain health data to the former's concussion management program. Shift Concussion Management Guelph, which is the founder of 'Shift Concussion Management Program', joined VoxNeuro's growing clinical network as a test center and treatment provider in Southern Ontario, Canada. VoxNeuro provides the world's first objective brain health assessment that goes beyond a diagnosis.
Clinical trial data solutions company, ERT, partnered with Cogstate in August 2020 to expand its capabilities in its electronic Clinical Outcome Assessment (eCOA) tool. ERT is focusing on improving the safety and efficacy of eCOA with digital cognitive endpoint measurement in clinical trials and at-home testing.
Education segment revenue is expected to register the highest rate during the forecast period. Surge in demand for such solutions and programs is due to rising concerns among educators to properly understand a student's learning ability and thought process and prepare study materials to develop important life skills for future growth of a student.
Key players in the market include Quest Diagnostics, BrainWare, MeritTrac, Cambridge Cognition, Pearson, MedAvante-ProPhase, Cogstate, Winterlight Labs, Philips, and Signant Health.
Cognitive Assessment and Training Market Segmentation:
Emergen Research has segmented the global cognitive assessment and training market on the basis of component, organization size, application, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Solutions
Assessment
Data Management
Data Analysis and Reporting
Cognitive Training
Others (Rater Training, Concussion Management, and Screening Solutions)
Services
Training and Support
Consulting
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
Application Outlook (Revenue, USD Billion; 2018–2028)
Clinical Trials
Learning
Research
Others (Diagnostics, Recruitment and Patient Engagement)
End-use Outlook (Revenue, USD Billion; 2018–2028)
Healthcare and Life Sciences
Education
Corporate
Others (Sports and Government & Defense)
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Additional information offered by the report:
A complete overview of the global Cognitive Assessment and Training market.
Detailed examination of the various market dynamics, including drivers, opportunities, challenges, threats, constraints, and development prospects prevailing in the global market.
Diverse market trends observed on regional and global levels. The report also elaborates on the market size and shares governed by the major geographies, combined with a precise growth forecast analysis, cost analysis, micro- and macro-economic indicators, and regulatory framework.
A vivid analysis of the company profiles of the key market contenders operating in the global Cognitive Assessment and Training market.
Extensive research & development assessment, and a detailed study of the growing demand for new products and the increasing application of the existing and new products.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Cognitive Assessment and Training Market Segmentation & Impact Analysis
4.1. Cognitive Assessment and Training Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising adoption of gamification for cognitive assessment
4.2.2.2. Social distancing practices resulting in increased adoption of eLearning solutions
4.2.3. Market restraints analysis
4.2.3.1. Negative publicity in the media about brain training efficiency
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Cognitive Assessment and Training Market By Component Insights & Trends, Revenue (USD Billion)
5.1. Component Dynamics & Market Share, 2021 & 2028
5.1.1. Solutions
5.1.1.1. Assessment
5.1.1.2. Data Management
5.1.1.3. Data Analysis and Reporting
5.1.1.4. Cognitive Training
5.1.1.5. Others (Rater Training, Concussion Management, and Screening Solutions)
5.1.2. Services
5.1.2.1. Training and Support
5.1.2.2. Consulting
CONTINUED..!!
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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