Growing Technological Advancements In The Healthcare Sector Is Expected To Boost The Growth Of The Global Cognitive Assessment And Training In Healthcare Market During The Forecast Period

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

Global Cognitive Assessment and Training in Healthcare Market: Key Highlights

  • The cognitive assessment and training in healthcare market is majorly segments into component, type, application and vertical
  • 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 region, the market is segmented into Americas, Europe, Asia-Pacific, and Middle East & Africa
  • Americas accounted for the major market share due the growing number of vendors providing cognitive assessment and training in healthcare
  • Top players that account for the major share include Brain Resource Company (BRC), Cambridge Cognition Ltd, CogniFit, Cogstate Ltd., ERT Clinical, Medavante-ProPhase Inc., Pearson TalentLens, ProPhase, LLC, Quest Diagnostics Inc., VeraSci and among others

Cognitive Assessment and Training in Healthcare MarketGlobal Cognitive Assessment and Training in Healthcare Market: Key Market Dynamics

  • There has been growing technological advancements in the healthcare sector is 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
  • The growing adoption of mobile-based IT systems is also lead to enhance the demand of the cognitive assessment and training in healthcare market growth
  • Further, awareness regarding brain fitness a significant opportunity for the market growth
  • However, stringent rules and regulations of government are hindering the growth of the market.

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Global Cognitive Assessment and Training in Healthcare Market: Regional Overview

Americas:

  • America region is further divided in to North America and Latin America. Globally, Americas accounted for the major market share
  • 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
  • For example, the advance healthcare policies are also play a key role for the market in the region.

Asia-Pacific

  • Asia-Pacific region is segmented into five major countries including China, Japan, India, Australia, and South Korea
  • Asia-Pacific is projected grow at the fastest growth rate, with rising awareness regarding cognitive impairment as well as the treatment options
  • The rising growth in digital platform in these regions, such as India, Singapore, China, Japan, and South Korea are also lead to contribute in the growth of the market
  • Furthermore, the growth and development in mobile health technologies has also emerged as a natural extension of the new generation of healthcare systems as well as the IT solutions. Hence these factors will boost the cognitive assessment & training markets in the region.

Global Cognitive Assessment and Training in Healthcare Market: Key Players

Some of the key players operating in the market Brain Resource Company (BRC), Cambridge Cognition Ltd, CogniFit, Cogstate Ltd., ERT Clinical, Medavante-ProPhase Inc., Pearson TalentLens, ProPhase, LLC, Quest Diagnostics Inc., VeraSci and among others.

Global Cognitive Assessment and Training in Healthcare Market: Key Developments

  • On July 2020, the ERT which is the global leader in clinical endpoint data collection, has announced a preferred partnership with the leading neuroscience technology company, Cogstate, Ltd. This collaboration enables ERT to expand its industry leading electronic Clinical Outcome Assessment (eCOA) solution with digital cognitive endpoint for the purpose to measurement to enhance the safety as well as the efficacy assessment in clinical trials, including capabilities for at-home testing.
  • On July 2020, the Cambridge Cognition has announced a collaboration with 4YouandMe and The Center for International Emergency Medical Services to investigate the utility of wearables and mobile phones for measuring stress recovery in frontline health workers caring for COVID-19 positive patients.
  • On March 2020, the CogniFit offers 300 million students free access to its premium brain training program to help students stimulate their mind while schools are closed due to COVID-19.

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Published : 2020-10-23