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Global Cognitive Assessment & Training Market (2021-2026) by Type, Application, Component, End-user and Geography - Competitive Analysis, Impact of COVID-19, Ansoff Analysis

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  • 188 Pages
  • March 2021
  • Region: Global
  • Infogence Global Research
  • ID: 5359441
UP TO OFF until Dec 31st 2023
The Global Cognitive Assessment & Training Market is estimated to be worth USD 3.96 Billion in 2020 and is expected to reach USD 8.65 Billion by 2025, growing at a CAGR of 16.9%.

Market Dynamics

The rapid adoption of big data and cloud computing has made a cognitive assessment and training more accessible. The rising literacy rate, growing awareness of e-learning, and increasing evaluation exams in the education and corporate sectors are expected to increase market revenue. Easy assessment and detection of cognitive changes have helped the healthcare sector analyze various neurological diseases and improve mental ability. In addition, increasing the adoption of gamified applications and serious games for physical activity, rehabilitation, and analyzing mental health is anticipated to increase the market growth. The market is expected to witness growth due to the increasing population, rising disposable income, and growing private and public investment in the healthcare and education sectors. Moreover, increasing globalization, digitalization, and the adoption of high-end technologies are anticipated to boost the market growth.

However, most cognitive assessment and training require professionals and are expensive, hindering the global market growth. The key players adopting strategies like product innovations are anticipated to expand the global market of the future.

Market Segmentation

The Global Cognitive Assessment & Training Market is segmented based on Type, Application, Component, End-user, and Geography.

  • By Type, the market is classified as pen and paper-based assessment, biometric assessment, and hosted assessment. Amongst all, the hosted assessment segment is estimated to hold the highest market share.
  • By Application, the market is classified as learning, clinical trials, and others. Amongst the two, the solution segment is estimated to hold the highest market share.
  • By Component, the market is classified as solutions and services. Amongst the two, the solution segment is estimated to hold the highest market share.
  • By End-user, the market is classified as healthcare, education, corporate, and others. Amongst all, the healthcare segment is estimated to hold the highest market share.
  • By Geography, North America is projected to lead the market.

Recent Developments

  1. InterSystems, a data technology provider, partnered with Cognetivity Neurosciences to support Integrated Cognitive Assessment to detect dementia - 6th May 2021
  2. Cambridge Cognition to provide cognitive assessment in at-home clinical trials. -8th April 2021

Company Profiles

Some of the companies covered in this report are Quest Diagnostics, Inc., Medavante Inc., VeraSci, MedAvante-ProPhase Inc., Pearson Education, ERT Clinical, Cognifit, Total Brain, Cogstate Limited, etc.

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

The report offers a comprehensive evaluation of the Global Cognitive Assessment & Training Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel within the industry.

The report includes an in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of COVID-19 on the market is also featured in the report.

The report also includes the regulatory scenario of the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules & regulations imposed on this sector across various geographies.

The report also contains the competitive analysis using Positioning Quadrants, the analyst's proprietary competitive positioning tool.

Report Highlights

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Cognitive Assessment & Training Market

What is the estimated value of the Global Cognitive Assessment & Training Market?

The Global Cognitive Assessment & Training Market was estimated to be valued at $3960 Million in 2021.

What is the growth rate of the Global Cognitive Assessment & Training Market?

The growth rate of the Global Cognitive Assessment & Training Market is 16.9%, with an estimated value of $8650 Million by 2026.

What is the forecasted size of the Global Cognitive Assessment & Training Market?

The Global Cognitive Assessment & Training Market is estimated to be worth $8650 Million by 2026.

Who are the key companies in the Global Cognitive Assessment & Training Market?

Key companies in the Global Cognitive Assessment & Training Market include Cambridge Cognition Ltd, Quest Diagnostic. Inc., Signant Health, Brackets, CNS Vital Sign. LLC, Cognifit, Cogstate Limited, ERT Clinical, GL Education Group Limited and IBM Watso.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Proprietary Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Increasing Adoption of Cognitive Computing Technology in Various Sectors
4.1.2 Rising Disposable Income and Growing Population
4.2 Restraints
4.2.1 High Investment Cost
4.2.2 Time Constraints in Clinical Trials Assessment
4.2.3 Stringent Government Regulations
4.3 Opportunities
4.3.1 Increasing Investment in New Product and Service Innovation.
4.4 Challenges
4.4.1 High Dependency in Traditional Assessment and Training
4.4.2 Some Complex Technologies
4.5 Trends
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Cognitive Assessment & Training Market, By Type
6.1 Introduction
6.2 Pen and paper based assessment
6.3 Biometric assessment
6.4 Hosted Assessment
7 Global Cognitive Assessment & Training Market, By Application
7.1 Introduction
7.2 Learning
7.3 Clinical Trials
7.4 Others
8 Global Cognitive Assessment & Training Market, By Component
8.1 Introduction
8.2 Solution
8.2.1 Assessment
8.2.2 Data Management Assessment
8.2.3 Data Analysis and Reporting
8.2.4 Cognitive Training
8.2.5 Others
8.3 Service
8.3.1 Training and Support
8.3.2 Consulting
9 Global Cognitive Assessment & Training Market, By End User
9.1 Introduction
9.2 Healthcare
9.3 Education
9.4 Corporate
9.5 Others
10 Global Cognitive Assessment & Training Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 South America
10.3.1 Brazil
10.3.2 Argentina
10.3.3 Chile
10.3.4 Colombia
10.4 Europe
10.4.1 UK
10.4.2 France
10.4.3 Germany
10.4.4 Italy
10.4.5 Spain
10.4.6 Netherlands
10.4.7 Sweden
10.4.8 Russia
10.4.9 Rest of Europe
10.5 Asia-Pacific
10.5.1 China
10.5.2 Japan
10.5.3 India
10.5.4 Indonesia
10.5.5 Malaysia
10.5.6 South Korea
10.5.7 Australia
10.5.8 Sri Lanka
10.5.9 Thailand
10.5.10 Rest of APAC
10.6 Middle-East and Africa
10.6.1 Qatar
10.6.2 Saudi Arabia
10.6.3 South Africa
10.6.4 United Arab Emirates
11 Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 Cambridge Cognition Ltd
12.2 Quest Diagnostics, Inc.
12.3 Signant Health
12.4 Brackets
12.5 CNS Vital Signs, LLC
12.6 Cognifit
12.7 Cogstate Limited
12.8 ERT Clinical
12.9 GL Education Group Limited
12.10 IBM Watso
12.11 Impact Tech, Inc.
12.12 InterSystems Corporation
12.13 Lumosity
12.14 Medavante Inc.
12.15 MedAvante-ProPhase Inc.
12.16 Oxford Learning
12.17 Pearson Education
12.18 Total Brain
12.19 VeraSci
12.20 WIRB-Copernicus Group, Inc.
13 Appendix
13.1 Questionnaire

Companies Mentioned

  • Cambridge Cognition Ltd
  • Quest Diagnostic. Inc.
  • Signant Health
  • Brackets
  • CNS Vital Sign. LLC
  • Cognifit
  • Cogstate Limited
  • ERT Clinical
  • GL Education Group Limited
  • IBM Watso
  • Impact Tec. Inc.
  • InterSystems Corporation
  • Lumosity
  • Medavante Inc.
  • MedAvante-ProPhase Inc.
  • Oxford Learning
  • Pearson Education
  • Total Brain
  • VeraSci
  • WIRB-Copernicus Grou. Inc.