Cognitive Assessment and Training in Healthcare Market by Component (Solution, Service), by Type (Pen and Paper Based, Hosted), by Application (Brain Training, Academic Research), by Region (Americas, Asia-Pacific, Europe, Middle East and Africa) – Global Forecast (2020 to 2027)

Cognitive Assessment and Training in Healthcare Market - Global Industry Analysis and Forecast 2020 to 2027

Cognitive Assessment and Training in Healthcare Market: Summary

The Global Cognitive Assessment and Training in Healthcare Market is projected to reach a value of USD 17193.52 million by 2027 at a CAGR of 33%.

A cognitive assessment test helps to determine the psychological functions of an individual as well as the pace of information processing in the brain. The assessment can be useful for the early detection of dementia, cognitive training of individuals, as well as for the sports management. Global cognitive assessment and training in healthcare market is rising with the growing technological advancements in the healthcare sector. However, the stringent rules and regulations of government are expected to hinder the growth of the market.  

Cognitive Assessment and Training in Healthcare MarketCognitive Assessment and Training in Healthcare Market: Market Dynamics

Market Driver:

  • Growing Technological Advancements in the Healthcare Sector  
    • There has been growing technological advancements in the healthcare sector will play a significant role for the cognitive assessment and training in healthcare market. The development in the mobile health technologies have also emerged as a natural growth of the new generations of health system as well as the IT solution
    • On 2019, the Philips had launches its first clinical product for aiding cognitive assessment in the US. These Philips IntelliSpace Cognition helps to provides the U.S. healthcare professionals with a powerful aid for assessing cognitive impairments due to neurological conditions
    • According to a data by the World Health Organization, in February 2018, the total geriatric population in the world is projected to reach a total of 2 billion in next few years
    • Furthermore, the organizations across throughout the world leverage industry 4.0 technologies which includes artificial intelligence, machine learning, and the Internet of things, which needs a high-performance software to aid precision performance
    • For example, the researchers are testing new approaches for detecting delirium, a complex cognitive disorder, with the cognitive assessment. Hence, these novel insights in a variety of disorders is excepted to create a growth opportunities for the cognitive assessment and training market
  • Growing Adoption of Mobile-based IT Systems
  • Awareness Regarding Brain Fitness

Market Challenges:

  • Stringent Rules and Regulations of Government

Cognitive Assessment and Training in Healthcare Market: Key Segments

  • The cognitive assessment and training in healthcare market is majorly segments into component, type, application and vertical.
  • On the basis of component, the market is sub segmented into solution and service.
  • On the basis of type, the market is bifurcated into pen and paper based-assessment, hosted assessment and biometrics assessment.
  • On the basis of application, the market is sub segmented into brain training, academic research, clinical trial, screening & diagnostics and others. The screening & diagnostics is excepted to grow at highest rate.  As the screening and diagnostic tests is being used for detection of all types of cognitive impairment.
  • On the basis of vertical, the market is bifurcated into Healthcare, Education, Defense, Pharmaceuticals and Sports. The emergence of digital technologies in the healthcare sector is lead to the major factor fuel the healthcare segment in the forecast period.

Cognitive Assessment and Training in Healthcare Market: Key Regions

Cognitive Assessment and Training in Healthcare

On the basis of region, the market is divided into Americas, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Americas accounted for the major market share due the growing number of vendors providing cognitive assessment and training in healthcare. The presence of major players such as MedAvate, Inc., Quest Diagnostics, ProPhase, LLC, and CogniFit, among others in the region is also projected to boost the market growth. However, Asia-Pacific is projected grow at the fastest growth rate, with rising awareness regarding cognitive impairment as well as the treatment options.

Cognitive Assessment and Training in Healthcare Market: Report Scope

The report on the cognitive assessment and training in healthcare market covers a deep dive analysis of historic, recent and current market trends. furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Historical Year

2018

Base Year

2019

Forecasted Period

2020-2027 (2020 estimated year, forecast up to 2027)

Measured Units

Value (USD Million)

Segments Included

Component, Type, Application and Vertical

Regional Coverage

Americas, Asia-Pacific, Europe, Middle East & Africa

Key Companies Covered

  • Brain Resource Company (BRC) (Company Overview, Financial Overview, Product Synopsis, Key Developments, SWOT Analysis, & Key Strategy)
  • Cambridge Cognition Ltd
  • CogniFit
  • Cogstate Ltd.
  • ERT Clinical
  • Medavante-ProPhase Inc.
  • Pearson TalentLens
  • ProPhase, LLC
  • Quest Diagnostics Inc.
  • VeraSci
  • Other Key Companies

Cognitive Assessment and Training in Healthcare Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Cognitive Assessment and Training in Healthcare Market, by Component

  • Solution
    • Data Management
    • Assessment
    • Data Analysis
    • Others
  • Services
    • Training
    • Consulting

Cognitive Assessment and Training in Healthcare Market, by Type

  • Pen and Paper Based-Assessment
  • Hosted Assessment
  • Biometrics Assessment

 Cognitive Assessment and Training in Healthcare Market, by Application

  • Brain Training
  • Academic Research
  • Clinical Trial
  • Screening & Diagnostics
  • Others

Cognitive Assessment and Training in Healthcare Market, by Application

  • Disaster management
  • Construction
  • Energy and Resource Management
  • Surveillance and Monitoring
  • Others

Cognitive Assessment and Training in Healthcare Market, by Vertical

  • Healthcare
  • Education
  • Defense
  • Pharmaceuticals
  • Sports

Cognitive Assessment and Training in Healthcare Market, by Region

  • Americas
    • North America
      • US
      • Canada
    • Latin America
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Middle East
    • Africa

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Cognitive Assessment and Training in Healthcare Market  Providers
  • Cognitive Assessment and Training in Healthcare Market  Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Cognitive Assessment and Training in Healthcare Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE Cognitive Assessment and Training in Healthcare Market STUDY

 
  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Growing Adoption of Mobile-based IT Systems
      2. Growing Technological Advancements in the Healthcare Sector
    3. Restraints
      1. Stringent Rules and Regulations of Government
    4. Opportunities
      1. Rising Growth on Education and Training
      2. Awareness Regarding Brain Fitness
  5. Market Factor Analysis
    1. Porters Five Forces Analysis
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
    3. Value Chain Analysis
      1. R&D and Designing
      2. Manufacturing
      3. Distribution & Sales
      4. Post-Sales Services
    4. COVID-19 Impact Analysis
      1. Impact on Service
      2. Impact on Market Growth
      3. Impact on Regions
  6. GLOBAL COGNITIVE ASSESSMENT AND TRAINING IN HEALTHCARE MARKET  BY COMPONENT, MARKET SIZE IN USD MILLION (2018-2027)
    1. Introduction
    2. Solution
      1. Data Management
      2. Assessment
      3. Data Analysis
      4. Others
    3. Services
      1. Training
      2. Consulting
  7. GLOBAL COGNITIVE ASSESSMENT AND TRAINING IN HEALTHCARE MARKET  BY TYPE, MARKET SIZE IN USD MILLION (2018-2027)
    1. Introduction
    2. Pen and Paper Based-Assessment
    3. Hosted Assessment
    4. Biometrics Assessment
  8. GLOBAL COGNITIVE ASSESSMENT AND TRAINING IN HEALTHCARE MARKET  BY APPLICATION, MARKET SIZE IN USD MILLION (2018-2027)
    1. Introduction
    2. Brain Training
    3. Academic Research
    4. Clinical Trial
    5. Screening & Diagnostics
    6. Others
  9. GLOBAL COGNITIVE ASSESSMENT AND TRAINING IN HEALTHCARE MARKET  BY VERTICAL, MARKET SIZE IN USD MILLION (2018-2027)
    1. Introduction
    2. Healthcare
    3. Education
    4. Defense
    5. Pharmaceuticals
    6. Sports
  10. GLOBAL COGNITIVE ASSESSMENT AND TRAINING IN HEALTHCARE MARKET  BY REGION, MARKET SIZE IN USD MILLION (2018-2027)
    1. Americas
      1. North America
        1. US
        2. Canada
      2. Latin America
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Australia
      5. South Korea
      6. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Spain
      6. Rest of Europe
    4. Middle East and Africa
      1. Middle East
      2. Africa
  11. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
    4. Key Developments
  12. COMPANY PROFILES
    1. Brain Resource Company (BRC)
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
      6. Key Strategy
    2. Cambridge Cognition Ltd
    3. CogniFit
    4. Cogstate Ltd.
    5. ERT Clinical
    6. Medavante-ProPhase Inc.
    7. Pearson TalentLens
    8. ProPhase, LLC
    9. Quest Diagnostics Inc.
    10. VeraSci
    11. Other Key Companies
  13. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

 

Rep Id : ICT 0117

Published : October, 2020


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