+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Cognitive Assessment and Training - Global Market Trajectory & Analytics

  • ID: 4804245
  • Report
  • April 2021
  • Region: Global
  • 234 pages
  • Global Industry Analysts, Inc
Global Cognitive Assessment and Training Market to Reach $27.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Cognitive Assessment and Training estimated at US$4.5 Billion in the year 2020, is projected to reach a revised size of US$27.8 Billion by 2027, growing at a CAGR of 29.7% over the analysis period 2020-2027. Pen & Paper Based, one of the segments analyzed in the report, is projected to record a 22.2% CAGR and reach US$10 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hosted segment is readjusted to a revised 32.6% CAGR for the next 7-year period.



The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 28.8% CAGR

The Cognitive Assessment and Training market in the U.S. is estimated at US$1.3 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2027 trailing a CAGR of 29.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 26.6% and 25.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 20.8% CAGR.

Biometrics Segment to Record 42.7% CAGR

In the global Biometrics segment, USA, Canada, Japan, China and Europe will drive the 42.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$497 Million in the year 2020 will reach a projected size of US$6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.4 Billion by the year 2027.

Select Competitors (Total 42 Featured):
  • Bracket
  • Brain Resource Limited
  • Cambridge Cognition Ltd.
  • Cognifit
  • Cogstate Ltd.
  • CRF Health
  • ERT Clinical
  • Pearson plc
  • Quest Diagnostics, Inc.
  • VeraSci
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • Human Cognitive Abilities and Skills: An Introduction
  • Cognitive Assessment and Training Lend Hand in Evaluating and Improving Brain Function and Cognitive Health
  • Current Scenario and Outlook for Cognitive Assessment and Training Market
  • Impact of Covid-19 and a Looming Global Recession
  • Emphasis on Recruiting Best Talent and Flawless Employee Assessment Aids Wider Use of Cognitive Ability Tests in Enterprise Environments
  • Brief Review of Workplace Cognitive Ability Tests
  • Robust Growth Opportunities Identified in Education Sector
  • Cognitive Method Steps In to Improve Clinical Trial Programs
  • Brain Research Programs Empowered by Cognitive Technology
  • Cognitive Technology Steers Brain Training Projects
  • Healthcare Practitioners Leverage Cognitive Testing to Assess Cognitive Health
  • Emphasis on Identifying and Restricting Age-Related CNS Disorders: A Key Growth Driver
  • Review of Select Widely Used Cognitive Testing Tools for Aged People
  • Mini-Mental State Exam (MMSE): The Most Common Screening Method for Cognitive Functioning
  • Mini-Cog© Facilitates Seamless Detection of Cognitive Impairment
  • MoCA Comes to Fore with Superior Cognitive Testing Capabilities
  • M-ACE, the Shorter Version of ACE-III, Seeks Mainstream Role
  • Aging Demographic Extends Potential Market Opportunity
  • Exhibit 1: Worldwide Population of People Aged 60 Years and Above by Region for Years 2017 and 2050
  • Pen- and Paper-Based Assessment: Traditional Approach for Cognitive Testing
  • Digital Methods and Mobile Apps Proliferate
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
Adroll
adroll