Emergen Research has recently published a novel report on global Cognitive Assessment and Training Market based on current market dynamics along with in depth information about industry aspects, and emerging and existing market trends throughout the forecast period. The report offers a comprehensive assessment on market trends, market growth, drivers, restraints, growth opportunities and challenges.

As there is a growing trend for connected devices and IoT in several industries, the need for the number of data points has also increased substantially. The factor driving the demand for the market is efficient power consumption usage in silicon photonics devices and increasing the bandwidth requirement for the transfer of large data. Increased funding into the sector has also propelled the growth of the market.

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Top Companies Operating in the Cognitive Assessment and Training Market and Profiled in the Report are:

• Quest Diagnostics
• BrainWare
• MeritTrac
• Cambridge Cognition
• Pearson
• MedAvante-ProPhase
• Cogstate
• Winterlight Labs
• Philips
• Signant Health.

The report projects the market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities. The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others. It also offers insights into the manufacturing processes, revenue estimations, R&D advancements, and industrial penetration.

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Emergen Research has segmented the global cognitive assessment and training market on the basis of component, organization size, application, end-use, and region:

Component Outlook (Revenue, USD Billion; 2018–2028)

• Solutions

1. Assessment
2. Data Management
3. Data Analysis and Reporting
4. Cognitive Training
5. Others (Rater Training, Concussion Management, and Screening Solutions)

1. Training and Support
2. Consulting

Organization Size Outlook (Revenue, USD Billion; 2018–2028)

• • Large Enterprises
  • Small and Medium-sized Enterprises (SMEs)

Application Outlook (Revenue, USD Billion; 2018–2028)

• • Clinical Trials
  • Learning
  • Research
  • Others (Diagnostics, Recruitment and Patient Engagement)

End-use Outlook (Revenue, USD Billion; 2018–2028)

• • Healthcare and Life Sciences
  • Education
  • Corporate
  • Others (Sports and Government & Defense)

The latest report on the global Cognitive Assessment and Training market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Cognitive Assessment and Training market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the Cognitive Assessment and Training market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.

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Cognitive Assessment and Training Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Objectives of the Report:

• In February 2021, Shift Concussion Management Guelph and VoxNeuro announced their entering into partnership, which enabled the addition of objective brain health data to the former’s concussion management program. Shift Concussion Management Guelph, which is the founder of ‘Shift Concussion Management Program’, joined VoxNeuro’s growing clinical network as a test center and treatment provider in Southern Ontario, Canada. VoxNeuro provides the world’s first objective brain health assessment that goes beyond a diagnosis.
• Among the application segments, the clinical trials segment accounted for largest share in 2020. Identification and assessment of cognitive changes and ability to diagnose and reduce the chance of developing brain disease in a patient are features that are resulting in development of new solutions and programs and driving revenue growth of this segment.
• Clinical trial data solutions company, ERT, partnered with Cogstate in August 2020 to expand its capabilities in its electronic Clinical Outcome Assessment (eCOA) tool. ERT is focusing on improving the safety and efficacy of eCOA with digital cognitive endpoint measurement in clinical trials and at-home testing.
• Education segment revenue is expected to register the highest rate during the forecast period. Surge in demand for such solutions and programs is due to rising concerns among educators to properly understand a student’s learning ability and thought process and prepare study materials to develop important life skills for future growth of a student.
• North America accounted for largest revenue share in 2020 due to increasing geriatric population and patients suffering from dementia in countries in the region. The U.S. government has been investing significantly in research and development of solutions for mental diseases and conditions, which is propelling growth of the market to a significant extent.

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