According to IMARC Group’s latest report, titled “Cognitive Assessment and Training Market: Industry Trends, Size, Share, Growth, Opportunity and Forecast 2021-2026,” 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).
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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List of Key Companies Covered in this Market Report:
- 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
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
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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