Cognitive Assessment and Training Market is expected to project a notable CAGR of 29.7% in 2030.
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Global Cognitive Assessment and Training Market Research Report Size,Share,Growth,Trends and Forecast provides an deep analysis of the Cognitive Assessment and Training Market including detailed description of market sizing and growth, value, the key opportunities in the Cognitive Assessment and Training Market and outlines the factors that are and will be driving the growth of the industry taking into consideration the previous growth patterns with Forecast Period 2021-2030.
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The Cognitive Assessment and Training Market report provides insight into main drivers, challenges, opportunities and risk of the market and strategies of suppliers. Key players are profiled as well with their market shares in the global Cognitive Assessment and Training Market discussed. Overall, this report covers the historical situation, present status and the future prospects.Additionally, the worldwide market is segmented based on type, application, deals, and area. It contains numbers, regions, revenue, and offers just as the thorough computation of the business chain structure, opportunities, industry news analysis. The application portion shows the employments of the product.
The Cognitive Assessment and Training Market report also covers a detailed comprehension of the major geographies present in the market along with the key segments and sub-segments. The report focuses on regional development status, which includes the market size, share, and volume.
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About Cognitive Assessment and Training Market:
Cognitive Assessment and Training Market: Market Segments: By Component (Solution and Services); By Organization Size (Large Enterprises, and Small and Medium-sized Enterprises (SMEs)); By Application (Clinical Trials, Learning, and Research); By Vertical (BFSI, Retail, IT & Telecom, Education, Healthcare, and Others); and Region Analysis of Market Size, Share & Trends for 2014 2019 and Forecasts to 2030
Product Overview
Cognitive assessment and training are a method of measuring, along with other criteria, the IQ or level of intelligence, perceptual ability, and verbal and non-verbal abilities. It is a method of formal evaluation of the psychological functions and speed of information processing of an individual. In addition, through experience and meaning, it is the mental process of gaining knowledge and understanding. Cognitive evaluation is useful for various functions, such as early population dementia detection, individual cognitive training, sports management, and others.
Market Highlights
Cognitive Assessment and Training Market is expected to project a notable CAGR of 29.7% in 2030.
Cognitive Assessment and Training Market to surpass USD 12.3 billion by 2030 from USD 3.1 billion in 2018 at a CAGR of 29.7% throughout the forecast period, i.e., 2019-30. Another major factor responsible for the high growth of the cognitive evaluation & training market is increased awareness of brain fitness. One of the key factors creating a positive outlook for the market is significant growth in the electronics industry across the globe.
Cognitive Assessment and Training Market: Segments
Solution segment to grow with the highest CAGR of during 2019-30
Cognitive Assessment and Training Market is segmented by component as solution and services. The solution segment is further sub segmented into assessment, data management, project management, data analysis & reporting, and others. The service segment is further bifurcated into advisory and training activities. The solution accounted for the higher market share in 2018 and the dominance of the segment is due to the increasing demand for mobile-based cognitive solutions and web-based cognitive evaluation applications. Moreover, the global penetration of the Internet is driving the growth of the demand for cognitive testing and training.
Cognitive Assessment and Training Market: Market Dynamics
Drivers
Adoption of BYOD in Clinical Trials
In the global cognitive Assessment and training market, the emergence of digital technologies in the healthcare industry is a major factor boosting the healthcare sub-segment. Moreover, the increasing demand from doctors and hospitals to access patient databases on mobile devices or institution-owned mobile devices is promoting the increasing adoption of mobile applications and IT systems among healthcare organizations and other entities, which is also driving the market for cognitive assessment and training.
Restrain
Stringent government regulations and negative publicity about brain training efficiency
Companies are attempting to enhance brain fitness by increasing the number of solutions and applications built to improve neuroplasticity. However, businesses need to receive clinical approvals for releasing their products to be used on individuals after designing brain training solutions. As it takes a year to create a clinically validated brain fitness solution, the faster growth of the demand for cognitive evaluation and training is limited.
Cognitive Assessment and Training Market: Regions
Cognitive Assessment and Training Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Cognitive Assessment and Training Market in North America held the largest market share of XX.X% in the year 2018 and it is expected to continue its market dominance in the future owing to large base of the aging population and dementia patients while sAsia Pacific (APAC) is projected to rise at the highest CAGR. In key countries such as China, India and Japan, the increasing understanding of mental wellbeing and cognitive skills is expected to fuel the adoption of cognitive evaluation and training solutions and services. In these countries, technological developments and digitization are also expected to increase the demand for cognitive assessment and training solutions from key verticals, such as healthcare and life sciences, education, and industry. Due to growth in the education market, Europe is expected to witness steady demand.
Cognitive Assessment and Training Market: Key Players
Cambridge Cognition Ltd
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
Cogstate Ltd.
MedAvante, Inc.
ProPhase, LLC
Neurocog Trials, Inc.
Medavante, Inc.
Quest Diagnostics, Inc.
ProPhase, LLC
Eresearchtechnology Inc.
Gompf Brackets, Inc
Cognitive Assessment and Training Market report also contains analysis on:
Cognitive Assessment and Training Market Segments:
By Component:
Solutions
o Assessment
o Data Management
o Data Analysis and Reporting
o Cognitive Training
o Others
Services
o Training and Support
o Consulting
By Organization Size:
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
By Application:
Clinical Trials
Learning
Research
Others
By Vertical:
BFSI
Retail
IT and Telecom
Education
Healthcare
Others
Cognitive Assessment and Training Market Dynamics
Cognitive Assessment and Training Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
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This report provides detail analysis of the market and have a comprehensive understanding of the Cognitive Assessment and Training market and its commercial landscape. Learn about the various market strategies that are being adopted by leading companies.It provides a five-year forecast assessed based on how the Cognitive Assessment and Training market is predicted to grow.It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.To understand the future scope and outlooks for the Cognitive Assessment and Training market.Cognitive Assessment and Training Market Forecast by regions, type and application, with sales and revenue, from 2021.Cognitive Assessment and Training Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
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Detailed TOC of Global Cognitive Assessment and Training Market Outlook to 2030
1.Executive Summary
2.Cognitive Assessment and Training Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4.Average Pricing Analysis
5. Macro-Economic Indicators
6.Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7.Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8.Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10.Cognitive Assessment and Training Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11 Cognitive Assessment and Training Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.Cognitive Assessment and Training: Market Segmentation
12.1. By Regions
13. Company Profile
13.1.2. Company Overview
13.1.3. Company Total Revenue (Financials)
13.1.4. Market Potential
13.1.5. Global Presence
13.1.6. Key Performance Indicators
13.1.7. SWOT Analysis
13.1.8. Product Launch
14. Consultant Recommendation
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