Cognitive Assessment and Training Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2028

[Ravi Thakre]

Global Cognitive Assessment and Training Market Forecast to 2028

The global cognitive assessment and training market size was USD 4.20 Billion in 2021 and is expected to register a revenue CAGR of 29.3% during the forecast period, according to the latest analysis by Emergen Research. Market revenue growth is primarily driven by increasing knowledge about the benefits of maintaining excellent brain fitness. Children with neurocognitive ailments, such as dyslexia, can benefit from cognitive testing and training, which ranges from children to adults. The global geriatric population with eyesight and dementia debilities can be treated effectively using cognitive testing and training techniques.

The analysis provides accurate growth pattern estimates and looks at the factors influencing market growth in the global Cognitive Assessment and Training market. The report's primary focus is on the key market constituents, including market drivers, restraints, opportunities, threats, risks, restrictions, and other factors. The research includes comprehensive studies of the company profiles, product portfolio, and corporate expansion strategies, in addition to a complete investigation of the competition landscape.

The Cognitive Assessment and Training market is a growing sector that focuses on evaluating and improving cognitive abilities such as memory, attention, problem-solving, and reasoning. It encompasses a wide range of industries and applications, including education, healthcare, corporate training, and gaming.

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Cognitive Assessment and Training market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Quest Diagnostics, BrainWare, MeritTrac, Cambridge Cognition, Pearson, MedAvante-ProPhase, Cogstate, Winterlight Labs, Philips, and Signant Health

Research Report on the Cognitive Assessment and Training Market Addresses the Following Key Questions:

Who are the dominant players of the Cognitive Assessment and Training market?

Which regional market is anticipated to have a high growth rate over the projected period?

What consumer trends and demands are expected to influence the operations of the market players in the Cognitive Assessment and Training market?

What are the key growth drivers and restraining factors of the Cognitive Assessment and Training market?

What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?

What is the overall impact of the COVID-19 pandemic on the Cognitive Assessment and Training market and its key segments?

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Some Key Highlights From the Report

The clinical trials segment accounted for largest revenue share in 2021. Features that are leading to development of new solutions and programs and driving revenue growth of this segment include identification and assessment of cognitive changes in a subject and capacity to detect and lower probability of a patient acquiring brain disease.

The large enterprise segment accounted for largest revenue share in 2021. Increasing implementation of cognitive devices in recruitment of new employees by large enterprises is a key factor driving revenue growth of this segment.

The healthcare and lifesciences segment accounted for largest revenue share in 2021. Rise in cases of neurocognitive ailments including dyslexia, dementia, dyscalculia, and others is a key factor driving revenue growth of this segment. In addition, surging cases of neurocognitive ailments lead to increasing installation of cognitive devices and software in healthcare and life sciences infrastructure, which in turn, creates a significant opportunity for market players to invest in this field.

The North America market accounted for largest revenue share in 2021. Significant surge in number of startups in this region is a key factor driving revenue growth. It is expected that number of related products will undergo a rapid increase with growing number of startups related to neurocognitive assessment in this region. This is expected to drive market revenue during the forecast period. In addition, owing to increasing geriatric population and patients suffering from dementia in countries in this region and rising investments by the U.S. government in Research & Development (R&D) of solutions for mental diseases and conditions, are driving revenue growth of the market to a significant extent.

Market Overview:

The report bifurcates the Cognitive Assessment and Training market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

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)

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Regional Landscape section of the Cognitive Assessment and Training report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

How will this Report Benefit you?

A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Cognitive Assessment and Training market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Cognitive Assessment and Training with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.

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Thank you for reading our report. To know more about the customization feature, please get in touch with us, and our team will ensure the report is customized to meet your requirements.

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