DUBLIN–(BUSINESS WIRE)–The “Cognitive Assessment and Training Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global cognitive assessment and training market size reached US$ 3.0 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 11.4 Billion by 2027, exhibiting a CAGR of 24.92% during 2021-2027.
Companies Mentioned
- 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.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Cognitive assessment and training solutions are used for detecting the signs of cognitive impairment in the early stages. These solutions are primarily utilized for conducting a formal assessment of the patient’s psychological functioning and the speed of information processing.
These impairments can be caused by old age, neural disorders and exposure to drugs or medicines. The solutions integrate various tools for assessment, data analysis and management that aid in cognitive training, sports management and early detection of dementia in individuals. They are administered during clinical trials, classroom sessions, corporate teaching, research, brain training and diagnostics.
The market is primarily being driven by the growing geriatric population and increasing awareness regarding the importance of maintaining brain fitness. The rising prevalence of dementia among the elderly is facilitating the adoption of cognitive assessment and training solutions as they enable easy and effective diagnosis and treatment of the disorder. Increasing utilization of the solutions to detect learning difficulties and disabilities, such as dyslexia and dyscalculia in children, is acting as another growth-inducing factor.
Additionally, various technological advancements in the healthcare industry and the rising adoption of mobile-based IT systems are also providing a boost to the market growth. For instance, computerized cognitive assessments provide automated scoring, which aids in enhancing the detection accuracy and minimizing the chances of human error. Other factors, including rising healthcare expenditure and extensive research and development (R&D) activities, are projected to drive the market further.
Key Questions Answered in This Report:
- How has the global cognitive assessment and training market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global cognitive assessment and training market?
- What is the breakup of the market based on the assessment type?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end-user sector?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global cognitive assessment and training market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cognitive Assessment and Training Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Assessment Type
7 Market Breakup by Component
8 Market Breakup by Application
9 Market Breakup by End-User Sector
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Indicators
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/to7nen
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