Cognitive Assessment and Training Market

Cognitive Assessment And Training Market By Components (Solutions [Assessment, Data Management, Data Analysis & Reporting, Cognitive Training, and Others] and Services [Training & Support and Consulting]), Applications (Dementia Screening, Brain Training, Clinical Trials, Employer Evaluation, Classroom Learning, Concussion Management, and Academic Research), Verticals (Education, Healthcare, Pharmaceutical, Sports, and Defense), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-1225
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 2
  • No. Of Pages: 145
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The global cognitive assessment and training market size was valued at USD 3.2 billion in 2020 and is anticipated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the improved economic conditions along with rising literacy rates.

Cognitive Assessment And Training Market Key Takeaways

A standardized examination that evaluates a person’s psychological functioning and speed of information processing is called cognitive assessment and training. These assessments aid in effective identification and acting on human needs. Among several verticals, the training is widely adopted by educational institutions that can help in the customized assessment for students to meet their academic goals due to increased competitiveness in the education sector. Psychologists prescribe development sessions for children in the concerned areas based on the results of the assessments. Moreover, these solutions are extensively adopted in the healthcare industry besides the education sector, to track, measure, prepare, or improve an individual's cognitive functions. Dementia is one of the most common neurological diseases worldwide and these cognitive training solutions are highly preferred to treat such disorders. Certain project-oriented organizations often deploy such assessments before assigning a project to a manager, which may result in an increase in demand for the training service during the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Growing application such as gamification in the cognitive testing is a key factor driving the market. Various industries such as corporate and education organizations have reaped the benefits of gamification.
  • Rising awareness of brain fitness solution and continuous advancements in technology for the healthcare industry are projected to boost the market.
  • Increasing healthcare spending and the rising number of ageing population globally are expected to fuel market growth during the forecasted period.
  • Requirement of businesses to obtain professional certification before releasing their devices for clinical use is expected to impede the market growth.
  • Cognitive testing and training solutions & services have been largely affected by the emergency lockdown due to the COVID-19 outbreak. This is a key restraining factor for the market.

Scope of the Report

The report on the global cognitive assessment and training market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Cognitive Assessment and Training Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Components (Solutions [Assessment, Data Management, Data Analysis & Reporting, Cognitive Training, and Others] and Services [Training & Support and Consulting]), Applications (Dementia Screening, Brain Training, Clinical Trials, Employer Evaluation, Classroom Learning, Concussion Management, and Academic Research), and Verticals (Education, Healthcare, Pharmaceutical, Sports, and Defense)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Pearson Assessments; ImPACT; Cogstate; GL Assessment; Cambridge Cognition; LearningRX; Lumosity; Listen and Learn Centre; Posit Science (BrainHQ); Oxford Learning; Sherwood Children's Assessment Centre; CNS Vital Signs; and Tulsa Center for Child Psychology


Global Cognitive Assessment and Training Market Segment Insights

Services segment is anticipated to dominate the market
Based on components, the global cognitive assessment and training market is bifurcated into solution and services. The solutions segment is further divided into assessment, data management, data analysis and reporting, cognitive training, and others. The services segment is further bifurcated into training & support and consulting. The services segment is anticipated to dominate the market during the forecasted period. The growth of this segment is attributed to an increase in end-user demand for training and support services to improve individual's cognitive capacity and help the person to assist for potential advancement and growth.

Clinical trials segment is expected to expand at a high CAGR
On the basis of applications, the market is segmented into dementia screening, brain training, clinical trials, employer evaluation, classroom learning, concussion management, and academic research. The clinical trial segment is expected to expand at a high CAGR during the forecast period. The ability to evaluate and identify cognitive changes as well as the ability to track, diagnose, and reduce the risk of disease development in patients are some key factors pushing the segment growth.

Cognitive Assessment And Training Market By Applications

Healthcare segment is expected to hold a large market share
Based on verticals, the global cognitive assessment and training market is segmented into vertical education, healthcare, pharmaceutical, sports, and defense. The healthcare segment is expected to hold a large market share during the forecast period. Cognitive assessment is widely used in the diagnosis and treatment of dementia by healthcare organizations to analyze patients with psychiatric or cognitive disorders. Cognitive impairment can be caused in early childhood or late adulthood. Cognitive disabilities may also be caused by the rising age of patients and their health conditions such as diabetes, stroke, drug misuse, and alcohol use.

North America is dominating the market
In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is currently dominating the market and is anticipated to constitute a major share market in the coming years due to the increasing aging population and rising cases of dementia patients in the region. On the other hand, the market in Asia Pacific is expected to grow at a fast CAGR during the forecast period. The adoption of cognitive assessment and training solutions and services due to rising awareness of mental health and importance of cognitive skills in several organizations are key driving factors for the regional market growth.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cognitive Assessment and Training Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cognitive Assessment and Training Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cognitive Assessment and Training Market - Supply Chain
  4.5. Global Cognitive Assessment and Training Market Forecast
     4.5.1. Cognitive Assessment and Training Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cognitive Assessment and Training Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cognitive Assessment and Training Market Absolute $ Opportunity
5. Global Cognitive Assessment and Training Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Cognitive Assessment and Training Market Size and Volume Forecast by Applications
     5.3.1. Dementia Screening Brain Training Clinical Trials Employer Evaluation Classroom Learning Concussion Management Academic Research
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Cognitive Assessment and Training Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Cognitive Assessment and Training Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Cognitive Assessment and Training Demand Share Forecast, 2019-2026
7. North America Cognitive Assessment and Training Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Cognitive Assessment and Training Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Cognitive Assessment and Training Market Size and Volume Forecast by Applications
     7.4.1. Dementia Screening Brain Training Clinical Trials Employer Evaluation Classroom Learning Concussion Management Academic Research
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Cognitive Assessment and Training Demand Share Forecast, 2019-2026
8. Latin America Cognitive Assessment and Training Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Cognitive Assessment and Training Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Cognitive Assessment and Training Market Size and Volume Forecast by Applications
     8.4.1. Dementia Screening Brain Training Clinical Trials Employer Evaluation Classroom Learning Concussion Management Academic Research
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Cognitive Assessment and Training Demand Share Forecast, 2019-2026
9. Europe Cognitive Assessment and Training Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Cognitive Assessment and Training Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Cognitive Assessment and Training Market Size and Volume Forecast by Applications
     9.4.1. Dementia Screening Brain Training Clinical Trials Employer Evaluation Classroom Learning Concussion Management Academic Research
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Cognitive Assessment and Training Demand Share Forecast, 2019-2026
10. Asia Pacific Cognitive Assessment and Training Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Cognitive Assessment and Training Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Cognitive Assessment and Training Market Size and Volume Forecast by Applications
     10.4.1. Dementia Screening Brain Training Clinical Trials Employer Evaluation Classroom Learning Concussion Management Academic Research
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Cognitive Assessment and Training Demand Share Forecast, 2019-2026
11. Middle East & Africa Cognitive Assessment and Training Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Cognitive Assessment and Training Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Cognitive Assessment and Training Market Size and Volume Forecast by Applications
     11.4.1. Dementia Screening Brain Training Clinical Trials Employer Evaluation Classroom Learning Concussion Management Academic Research
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Cognitive Assessment and Training Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Cognitive Assessment and Training Market: Market Share Analysis
  12.2. Cognitive Assessment and Training Distributors and Customers
  12.3. Cognitive Assessment and Training Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Pearson Assessments ImPACT Cogstate GL Assessment Cambridge Cognition LearningRX Lumosity Listen and Learn Centre
Segments Covered in the Report
The global cognitive assessment and training market has been segmented on the basis of

Components
  • Solutions
    • Assessment
    • Data Management
    • Data Analysis & Reporting
    • Cognitive Training
    • Others (Rater Training, Concussion Management, and Screening Solutions)
  • Services
    • Training & Support
    • Consulting
Applications
  • Dementia Screening
  • Brain Training
  • Clinical Trials
  • Employer Evaluation
  • Classroom Learning
  • Concussion Management
  • Academic Research
Verticals
  • Education
  • Healthcare
  • Pharmaceutical
  • Sports
  • Defense
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Pearson Assessments
  • ImPACT
  • Cogstate
  • GL Assessment
  • Cambridge Cognition
  • LearningRX
  • Lumosity
  • Listen and Learn Centre
  • Posit Science (BrainHQ)
  • Oxford Learning
  • Sherwood Children's Assessment Centre
  • CNS Vital Signs
  • Tulsa Center for Child Psychology

Some of the major players competing in the global cognitive assessment and training market are Pearson Assessments; ImPACT; Cogstate; GL Assessment; Cambridge Cognition; LearningRX; Lumosity; Listen and Learn Centre; Posit Science (BrainHQ); Oxford Learning; Sherwood Children's Assessment Centre; CNS Vital Signs; and Tulsa Center for Child Psychology.

By providing innovative solutions, these major players are able to create leverage and opportunities for the market expansion across several regions. End-users of cognitive assessment and training solutions are expected to remain primarily between educational and medical professionals.

Cognitive Assessment And Training Market By Key Players

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