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The global cognitive assessment and training market size reached US$ 3.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.4 Billion by 2027, exhibiting a growth rate (CAGR) of 25.48% during 2022-2027. 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.
IMARC Group provides an analysis of the key trends in each sub-segment of the global cognitive assessment and training market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on assessment type, component, application and end-user sector.
Breakup by Assessment Type:
Breakup by Component:
Breakup by Application:
Breakup by End-User Sector:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being 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., etc.
|Base Year of the Analysis||2021|
|Segment Coverage||Assessment Type, Component, Application, End-User Sector, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||CRF Bracket, Brain Resource Ltd., Cambridge Cognition Ltd, Cognifit, Cogstate Ltd., ERT Clinical, ImPACT Applications Inc., MedAvante-ProPhase Inc., Pearson Education, Prophase LLC and Quest Diagnostics Inc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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