The Cognitive Assessment and Training Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Cognitive Assessment and Training market. The report offers in-depth research and assessment of the key elements of the global Cognitive Assessment and Training market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Cognitive Assessment and Training market.

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 latest analysis by Emergen Research. Market revenue growth is primarily driven by increasing knowledge about 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. Global geriatric population with eyesight and dementia debilities can be treated effectively using cognitive testing and training techniques.

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Key insights presented in the report:

  • Market revenue shares by major business players, by type, by application, and market scope of global Cognitive Assessment and Training market
  • Sales revenue by key players and new entrants
  • Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
  • Recent mergers, acquisitions, product launches, recent investments, and joint ventures
  • Regional analysis to provide insight into recent trends and opportunities

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The report offers a panoramic view of the competitive landscape of the industry and a detailed analysis of the key players of the market based on their revenue, profit margins, financial standing, global market position, R&D activities, and product portfolio. It also covers their strategic endeavors such as mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and product launches and brand promotions, among others.

The key players profiled in the report are:

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

Key Questions Answered in the Report:

  • What will be the estimated growth rate of the Cognitive Assessment and Training market by 2027?
  • Who are the prominent distributors, vendors, and manufacturers of the market?
  • What are the driving and restraining factors of the growth of the Cognitive Assessment and Training market throughout the forecast period?
  • What are the current and future market trends of the Cognitive Assessment and Training market?
  • What are the sales and price analysis of the product by types, applications, and regions?
  • What are the expected opportunities for the companies and new entrants in the coming years?

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Some Key Highlights:

  • 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.
  • On March 29, 2022, Winterlight Labs, a Canada-based medical equipment manufacturer launched a tablet-based cognitive assessment device that can monitor cognitive debilities through speech. Cognitive ailments, such as dementia and mental disorders, can be detected by analysis of speech in a rapid, objective, and stress-free manner.

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; 2019–2030)

    • Solutions
      1. Assessment
      2. Data Management
      3. Data Analysis and Reporting
      4. Cognitive Training
      5. Others (Rater Training, Concussion Management, and Screening Solutions)
    • Services
      1. Training and Support
      2. Consulting

  • Organization Size Outlook (Revenue, USD Billion; 2019–2030)

    • Large Enterprises
    • Small and Medium-sized Enterprises (SMEs)

  • Application Outlook (Revenue, USD Billion; 2019–2030)

    • Clinical Trials
    • Learning
    • Research
    • Others (Diagnostics, Recruitment ,and Patient Engagement)

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About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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