Cognitive Assessment and Training Market by Assessment Type (Pen- and Paper-Based, Hosted, Biometrics), Component, Application (Clinical Trial, Screening & Diagnostics, Brain Training, Academic Research), Vertical, & Region - Global Forecast to 2021

  • ID: 4199125
  • Report
  • Region: Global
  • 136 Pages
  • Markets and Markets
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The Cognitive Assessment And Training Market Size is Expected to Grow from USD 1.98 Billion in 2016 to USD 8.06 Billion By 2021, at a CAGR of 32.3%

FEATURED COMPANIES

  • Bracket
  • Brain Resource Company
  • Cambridge Cognition Ltd.
  • Cognifit
  • Cogstate Ltd.
  • ERT Clinical
  • MORE

Rapidly aging global population, increasing awareness about brain fitness, and advancements in technology are driving the cognitive assessment and training market

The growing number of aged people across the globe is one of the factors driving the incidents of cognitive impairments. With the increase in the number of baby boomers in developing countries crossing the age of 65 years, the incidence of cognitive impairments is expected to increase dramatically. Moreover, it has become very crucial to introduce new approaches to prevent and tackle the primary, secondary, and tertiary cognitive impairments. People are becoming more concerned regarding their memory performance and enhancement. Today, almost all the assessment and training methods involve at least one measure, which is monitored, scored, or interpreted with the help of computers or other technologies. However, stringent government regulations across the globe, negative publicity about brain training efficiency, and time constraints in developing clinically validated brain fitness software have hindered the growth of the cognitive assessment and training market.

Pen- and paper-based assessment is expected to contribute to the highest revenue among other assessment type methods during the forecast period

The pen- and paper-based assessment type is a traditional approach for measuring the cognitive behavior of an individual and remains largely the standard for the assessment of cognitive decline. The segment includes revenues generated by performing and analyzing pen- and paper-based cognitive assessment tests, such as Standardized Mini-Mental Status Examination (SMMSE), Alzheimer’s Disease Assessment Scale-Cognitive (ADAS-Cog), and clock drawing test by doctors and other professionals.

Clinical trial is projected to grow at the highest CAGR during the forecast period

Clinical trials are mainly used to identify, measure, or monitor cognitive impairments and cognitive changes; such assessments are performed across multiple languages and cultural groups in different clinical and social settings. The use of clinical trial involves the procedure to develop drug for cognitively impaired patient. It is a long procedure that requires high amount of funding from pharmaceutical vendors and other organization. Hence, the need to develop drugs and requirement of clinical testing of patient would boost the growth for clinical trials.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.

The break-up of profiles of primary participants is as follows:

  • By Company: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20%
  • By Designation: C-level: 35%, Director level: 25%, and Others: 40%
  • By Region: North America: 45%, Europe: 20%, Asia-Pacific (APAC): 30%, and Rest of World (RoW): 5%

The cognitive assessment and training ecosystem comprises the following major vendors:
1. Cambridge Cognition Ltd. (Cambridge, U.K.)
2. Cogstate Ltd. (New Haven, U.S.)
3. Bracket (Pennsylvania, U.S.)
4. MedAvante, Inc. (New Jersey, U.S.)
5. Quest Diagnostics (New Jersey, U.S.)
6. ProPhase, LLC (New York, U.S.)
7. CogniFit (New York, U.S.)
8. ERT Clinical (Pennsylvania, U.S.)
9. NeuroCog Trials (North Carolina, U.S.)
10. Brain Resource Company (New South Wales, Australia)
11. Pearson Education (London, U.K.)
12. CRF Health (London, U.K.)

Research Coverage:

The main objective of this report is to define, describe, and forecast the cognitive assessment and training market, which is segmented on the basis of assessment types, components (solutions and services), applications, verticals, and regions. The assessment types include pen- and paper-based, hosted, and biometrics assessments. The next segment is component types, which is divided into solutions and services; the solutions segment is further segmented into assessment, data management, project management, data analysis & reporting, and others (including rater training and prescreening solution); the services segment has been categorized into training & support and consulting. The applications segment consists of clinical trials, classroom learning, corporate learning, brain learning, research, and others which include screening and diagnostics, patient engagement, and patient recruitment. Segmentation based on verticals includes education, healthcare, corporate, sports, defense, and pharmaceuticals. The report attempts to forecast the market size with respect to five main regions, namely, North America, Europe, APAC, Middle East & Africa (MEA), and Latin America.

Reasons to Buy the Report:
The report will help the market leaders/new entrants in this market in the following ways:

1. This report segments the cognitive assessment and training market comprehensively and provides the closest approximations of the revenue numbers for the overall market, and the subsegments across different end-users and regions.

2. The report helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.

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FEATURED COMPANIES

  • Bracket
  • Brain Resource Company
  • Cambridge Cognition Ltd.
  • Cognifit
  • Cogstate Ltd.
  • ERT Clinical
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown And Data Triangulation
2.4 Vendor Dive Matrix Methodology
2.4.1 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Cognitive Assessment  And Training in Healthcare Market
4.2 Global Cognitive Assessment And Training in Healthcare Market: By Component (2014-2021)
4.3 Global Cognitive Assessment And Training in Healthcare Market: Market Share of Top Three Assessment Types And Regions
4.4 Lifecycle Analysis, By Region, 2016
 
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Segmentation
5.3.1 By Component
5.3.2 By Application
5.3.3 By Region
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Aging Global Population
5.4.1.2 Brain Fitness Awareness
5.4.1.3 Advancements in Technology
5.4.2 Restraints
5.4.2.1 Time Constraints in Developing Clinically-Validated Brain Fitness Software
5.4.2.2 Negative Publicity in the Media About Brain Training Efficiency
5.4.2.3 Stringent Government Regulations Worldwide
5.4.3 Opportunities
5.4.3.1 Increasing Use of Advanced Cognitive Assessment And Training Tools
5.4.3.2 Rise in Demand for Improved Brain Fitness
5.4.4 Challenges
5.4.4.1 Appropriateness of the Cognitive Assessment Process
5.4.4.2 Educating the Population About Brain Fitness

6 Industry Trends
6.1 Introduction
6.2 Market Evolution
6.3 Regulations

7 Cognitive Assessment And Training in Healthcare Market Analysis, By Assessment Type
7.1 Introduction
7.2 Pen And Paper Based-Assessment
7.3 Hosted Assessment
7.4 Biometrics Assessment
 
8 Cognitive Assessment And Training in Healthcare Market, By Component
8.1 Introduction
8.2 Solution
8.2.1 Assessment
8.2.2 Data Management
8.2.3 Project Management
8.2.4 Data Analysis And Reporting
8.2.5 Others
8.3 Services
8.3.1 Training And Support
8.3.2 Consulting

9 Cognitive Assessment And Training in Healthcare Market, By Application
9.1 Introduction
9.2 Clinical Trials
9.3 Screening And Diagnostics
9.4 Brain Training
9.5 Academic Research
9.6 Others

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 United States
10.2.2 Canada
10.3 Europe
10.3.1 United Kingdom
10.3.2 Germany
10.3.3 Rest of Europe
10.4 Asia-Pacific (Apac)
10.4.1 China
10.4.2 Australia
10.4.3 Others
10.5 Middle East And Africa (Mea)
10.5.1 Middle East
10.5.2 South Africa
10.6 Latin America
10.6.1 Brazil
10.6.2 Mexico
10.6.3 Others

11 Competitive Landscape
11.1 Vendor Dive Overview
11.2 Cognitive Assessment And Training in Healthcare Market: Mnm Dive-Vendor Comparison
11.3 Overview
11.4 Cognitive Assessment And Training in Healthcare Market Evaluation Framework
11.5 Competitive Situation And Trends
11.5.1 New Product Launches And Upgradations
11.5.2 Agreements, Partnerships, Collaborations, And Joint Ventures
11.5.3 Acquisitions
11.5.4 Business Expansions

12 Company Profiles
(Business Overview, Products & Services, Key Insights, Recent Developments, Swot Analysis, Mnm View)*
12.1 Introduction
12.2 Cambridge Cognition Ltd.
12.3 Bracket
12.4 Medavante Inc.
12.5 Quest Diagnostics
12.6 Cogstate Ltd.
12.7 Neurocog Trials
12.8 Prophase, Llc
12.9 Cognifit
12.10 Ert Clinical
12.11 Brain Resource Company
*Details On Business Overview, Products & Services, Key Insights, Recent Developments, Swot Analysis, Mnm View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Subscription Portal
13.4 Introducing Rt: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables:
Table 1 Global Cognitive Assessment And Training in Healthcare
Market Size And Growth Rate, 2014-2021 (USD Million) (Y-O-Y %)
Table 2 Cognitive Assessment And Training in Healthcare Market Size, By Assessment Type, 2014-2021 (USD Million)
Table 3 Pen And Paper-Assessment: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 4 Hosted Assessment: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 5 Biometrics Assessment: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 6 Cognitive Assessment And Training in Healthcare Market Size, By Component, 2014-2021 (USD Million)
Table 7 Cognitive Assessment And Training in Healthcare Market Size, By Solution, 2014-2021 (USD Million)
Table 8 Assessment Solution: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 9 Data Management Solution: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 10 Project Management Solution: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 11 Data Analysis And Reporting Solution: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 12 Others Solution Segment: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 13 Cognitive Assessment And Training in Healthcare Market Size, By Service, 2014-2021 (USD Million)
Table 14 Training And Support Service: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 15 Consulting Service: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 16 Cognitive Assessment And Training in Healthcare Market Size, By Application, 2014-2021 (USD Million)
Table 17 Clinical Trials Application: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 18 Screening And Diagnostics Application: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 19 Brain Training Application: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 20 Academic Research Application: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 21 Others Application Segment: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 22 Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 23 North America: Cognitive Assessment And Training in Healthcare Market Size, By Country, 2014-2021 (USD Million)
Table 24 North America: Cognitive Assessment And Training in Healthcare Market Size, By Assessment Type, 2014-2021 (USD Million)
Table 25 North America: Cognitive Assessment And Training in Healthcare Market Size, By Component, 2014-2021 (USD Million)
Table 26 North America: Cognitive Assessment And Training in Healthcare Market Size, By Solution, 2014-2021 (USD Million)
Table 27 North America: Cognitive Assessment And Training in Healthcare Market Size, By Service, 2014-2021 (USD Million)
Table 28 North America: Cognitive Assessment And Training in Healthcare Market Size, By Application, 2014-2021 (USD Million)
Table 29 Europe: Cognitive Assessment And Training in Healthcare Market Size,  By Country, 2014-2021 (USD Million)
Table 30 Europe: Cognitive Assessment And Training in Healthcare Market Size,  By Assessment Type, 2014-2021 (USD Million)
Table 31 Europe: Cognitive Assessment And Training in Healthcare Market Size,  By Component, 2014-2021 (USD Million)
Table 32 Europe: Cognitive Assessment And Training in Healthcare Market Size,  By Solution, 2014-2021 (USD Million)
Table 33 Europe: Cognitive Assessment And Training in Healthcare Market Size,  By Service, 2014-2021 (USD Million)
Table 34 Europe: Cognitive Assessment And Training in Healthcare Market Size,  By Application, 2014-2021 (USD Million)
Table 35 Apac: Cognitive Assessment And Training in Healthcare Market Size,  By Country, 2014-2021 (USD Million)
Table 36 Apac: Cognitive Assessment And Training in Healthcare Market Size,  By Assessment Type, 2014-2021 (USD Million)
Table 37 Apac: Cognitive Assessment And Training in Healthcare Market Size,  By Component, 2014-2021 (USD Million)
Table 38 Apac: Cognitive Assessment And Training in Healthcare Market Size,  By Solution, 2014-2021 (USD Million)
Table 39 Apac: Cognitive Assessment And Training in Healthcare Market Size,  By Service, 2014-2021 (USD Million)
Table 40 Apac: Cognitive Assessment And Training in Healthcare Market Size,  By Application, 2014-2021 (USD Million)
Table 41 Mea: Cognitive Assessment And Training in Healthcare Market Size, By Region, 2014-2021 (USD Million)
Table 42 Mea: Cognitive Assessment And Training in Healthcare Market Size,  By Assessment Type, 2014-2021 (USD Million)
Table 43 Mea: Cognitive Assessment And Training in Healthcare Market Size,  By Component, 2014-2021 (USD Million)
Table 44 Mea: Cognitive Assessment And Training in Healthcare Market Size,  By Solution, 2014-2021 (USD Million)
Table 45 Mea: Cognitive Assessment And Training in Healthcare Market Size,  By Service, 2014-2021 (USD Million)
Table 46 Mea: Cognitive Assessment And Training in Healthcare Market Size,  By Application, 2014-2021 (USD Million)
Table 47 Latin America: Cognitive Assessment And Training in Healthcare Market Size, By Country, 2014-2021 (USD Million)
Table 48 Latin America: Cognitive Assessment And Training in Healthcare Market Size, By Assessment Type, 2014-2021 (USD Million)
Table 49 Latin America: Cognitive Assessment And Training in Healthcare Market Size, By Component, 2014-2021 (USD Million)
Table 50 Latin America: Cognitive Assessment And Training in Healthcare Market Size, By Solution, 2014-2021 (USD Million)
Table 51 Latin America: Cognitive Assessment And Training in Healthcare Market Size, By Service, 2014-2021 (USD Million)
Table 52 Latin America: Cognitive Assessment And Training in Healthcare Market Size, By Application, 2014-2021 (USD Million)
Table 53 New Product Launches And Upgradations, 2013-2016
Table 54 Agreements, Partnerships, Collaborations, And Joint Ventures, 2013-2017
Table 55 Acquisitions, 2014-2016
Table 56 Business Expansions, 2013-2016

List of Figures:
Figure 1 Global Cognitive Assessment And Training in Healthcare Market
Figure 2 Global Cognitive Assessment And Training in Healthcare Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, And Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Vendor Dive Matrix: Criteria Weightage
Figure 8 Global Cognitive Assessment And Training in Healthcare Market, 2014-2021, (USD Million)
Figure 9 Cognitive Assessment And Training in Healthcare Market Size, By Solution, 2016-2021, (USD Million): Data Management to Record Highest Growth During Forecast Period
Figure 10 Cognitive Assessment And Training in Healthcare Market Size, By Service, 2016-2021 (USD Million): Training And Support to Record Highest Growth During Forecast Period
Figure 11 Cognitive Assessment And Training in Healthcare Market Size, By Application, 2016-2021 (USD Million): Brain Training to Record Highest Growth During Forecast Period
Figure 12 North America to Hold Largest Market Share During Forecast Period
Figure 13 Services Segment to Record Highest Growth During Forecast Period (USD Million)
Figure 14 Pen & Paper-Based Assessment & North America to Hold Largest Market Shares in 2016
Figure 15 Asia-Pacific Holds Immense Growth Opportunities for Cognitive Assessment And Training in Healthcare Market
Figure 16 Cognitive Assessment And Training in Healthcare Market Segmentation
Figure 17 Cognitive Assessment And Training in Healthcare Market Segmentation: By Component
Figure 18 Cognitive Assessment And Training in Healthcare Market Segmentation: By Application
Figure 19 Cognitive Assessment And Training in Healthcare Market Segmentation: By Region
Figure 20 Cognitive Assessment & Training in Healthcare Market: Drivers, Restraint, Opportunities, And Challenges
Figure 21 Evolution of Cognitive Assessment And Training in Healthcare Market
Figure 22 Biometrics Assessment to Record Highest Growth During Forecast Period (USD Million)
Figure 23 Services Segment to Record Highest Growth During Forecast Period (USD Million)
Figure 24 Data Management Solution to Record Highest Growth During Forecast Period (USD Million)
Figure 25 Training And Support Service to Record Highest Growth During Forecast Period (USD Million)
Figure 26 Brain Training Application to Record Highest Growth During Forecast Period (USD Million)
Figure 27 Apac to Record Highest Growth in Global Cognitive Assessment And Training in Healthcare Market During Forecast Period (USD Million)
Figure 28 Global Cognitive Assessment And Training in Healthcare Market Snapshot
Figure 29 North America Cognitive Assessment And Training in Healthcare Market Snapshot: Presence of Major Cognitive Assessment Vendors Contributing to Growth
Figure 30 Apac Cognitive Assessment And Training in Healthcare Market Snapshot: Rising Healthcare Expenditure to Be a Key Growth Driver
Figure 31 Business Strategy Analysis
Figure 32 Product Offerings Analysis
Figure 33 New Product Launches Was the Key Strategy Adopted By Market Players from 2014 to 2016
Figure 34 Market Evaluation Framework
Figure 35 Battle for Market Share: New Product Launches And Upgradation Was the Key Strategy Adopted By Market Players
Figure 36 Cambridge Cognition Ltd.: Company Snapshot
Figure 37 Cambridge Cognition Ltd.: Swot Analysis
Figure 38 Bracket: Swot Analysis
Figure 39 Medavante: Swot Analysis
Figure 40 Quest Diagnostics: Company Snapshot
Figure 41 Quest Diagnostics: Swot Analysis
Figure 42 Cogstate Ltd.: Company Snapshot
Figure 43 Cogstate Ltd.: Swot Analysis
Figure 44 Brain Resource Company: Company Snapshot

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FEATURED COMPANIES

  • Bracket
  • Brain Resource Company
  • Cambridge Cognition Ltd.
  • Cognifit
  • Cogstate Ltd.
  • ERT Clinical
  • MORE

This research forecasts the cognitive assessment and training market size to grow from USD 1.98 Billion in 2016 to USD 8.06 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.3%. Major factors contributing to the growth of the market include aging global population, increasing awareness for brain fitness, and advancements in technology. These factors are expected to drive the adoption rate of cognitive assessment and training in the coming years.

The cognitive assessment and training market is segmented by assessment type, component, application, vertical, and region. The components segment is further classified into solutions and services. The various solutions are categorized into assessment, data management, project management, data analysis & reporting, and others (rater training, concussion management, and prescreening solution). These solutions are used to monitor changes in the cognitive function, following the treatment with drugs or other types of interventions. The services segment includes training & support and consulting. Training and support services are expected to grow at the highest CAGR during the forecast period. Cognitive assessment and training solution and service providers offer training and coaching services to deliver balanced cognitive rehabilitation solutions. The coaching and training segment comprises spreading awareness as well as educating the community and professionals about challenges related to brain and mental health.

The applications segment includes clinical trials, classroom learning, brain training, corporate learning, and research (including patient recruitment and patient engagement). The clinical trials application is expected to grow at the highest CAGR during the forecast period. Cognitive assessment solutions are extensively used to improve clinical Research and Development (R&D). Inclusion of computerized cognitive tests in the early phase of clinical trials help in the identification of cognitive changes. Clinical trials are mainly used to identify, measure, or monitor cognitive impairments and cognitive changes; such assessments are performed across multiple languages and cultural groups in different clinical and social settings.

The global cognitive assessment and training market has been segmented on the basis of regions into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America to provide a region-specific analysis in the report. North America is expected to have the largest market share and would dominate the market from 2016 to 2021, due to the growing number of vendors providing cognitive assessment and training. The U.S. holds a majority of the market share in terms of adoption as well as revenue generation in the North American region, due to the increased awareness among population and the growing demand for improving neuroplasticity of brain.

Time constraints in developing clinically validated brain fitness software, negative publicity in the media about brain training efficiency, and stringent government regulations across the globe are restraining the growth of the cognitive assessment and training market.

The major vendors in the cognitive assessment and training market include Cambridge Cognition Ltd. (Cambridge, U.K.), Cogstate Ltd. (New Haven, U.S.), Bracket (Pennsylvania, U.S.), MedAvante, Inc. (New Jersey, U.S.), Quest Diagnostics (New Jersey, U.S.), ProPhase, LLC (New York, U.S.), CogniFit (New York, U.S.), ERT Clinical (Pennsylvania, U.S.), NeuroCog Trials (North Carolina, U.S.), Pearson Education (London, U.K.), CRF Health (London, U.K.), and Brain Resource Company (New South Wales, Australia). The companies adopted various strategies, such as new product launches & enhancements, partnerships & agreements, and mergers & acquisitions to cater to the needs of the market.

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  • Bracket
  • Brain Resource Company
  • Cambridge Cognition Ltd.
  • Cognifit
  • Cogstate Ltd.
  • ERT Clinical
  • Medavante Inc.
  • Neurocog Trials
  • Prophase, Llc
  • Quest Diagnostics
Note: Product cover images may vary from those shown
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