Cognitive assessment and training is a process in which reasoning skills of a person are trained to increase with the help of several assessment tests and numerous games that let an individual acquire, remember and store incoming data in the brain. The cognitive assessment and training market value is projected to reach up to $9. 83 Billion by 2025 with a CAGR of 34.2% during the forecast period from $2.95 Billion in 2018. Increasing advancement in technology and emerges awareness for brain fitness are the key factors driving the growth of global cognitive assessment and training market. However, time constraint in developing clinically validated brain fitness software and negative publicity in the media about brain training efficiency is hampering the growth of the market. Increasing use of advanced cognitive assessment and training tools and increasing demand for improved brain fitness are providing an ample number of opportunities in the coming future.
Research Study Objectives:
- Define, estimate, and forecast the cognitive assessment and training market statistics by type, component, application, end-user, and regions concerning the individual growth drivers, market trends and their contribution toward the cognitive assessment and training market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Cognitive Assessment And Training Market Analysis Report.
- Analysis and conclusions on the future cognitive assessment and training market outlook.
Top-down and bottom-up approaches are used to validate the cognitive assessment and training market size and are used to estimate the size of other dependent
submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The cognitive assessment and training market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the cognitive assessment and training market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The cognitive assessment and training market segmentation is as follows:
By Type
- Pen- and Paper-Based Assessment
- Biometrics Assessment
- Hosted Assessment
By Component
- Solutions
- Data Analysis and Reporting
- Project Management
- Data Management
- Assessment
- Others
- Services
- Training and Support
- Consulting
By Application
- Classroom Learning
- Corporate Learning
- Clinical Trials
- Brain Training
- Research
- Screening & Diagnostics
- Others
By End-user
- Pharmaceuticals
- Sports
- Corporate
- Healthcare
- Defense
- Education
- Others
Geographical Analysis:
Cognitive Assessment and Training Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South
Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the cognitive assessment and training market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Cognitive Assessment and Training Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant cognitive assessment and training market players, such as
- Cambridge Cognition Ltd
- Medavante Inc.
- Cogstate Ltd.
- Neurocog Trials Inc
- Prophase, LLC
Along with these companies, many other companies are considered in the report while analysing the global cognitive assessment and training competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
