Cognitive Assessment And Training Market

Cognitive Assessment and Training Market: Healthcare Expected to Remain Dominant End-use Sector During the Forecast Period: Global Industry Analysis 2013 - 2017 & Opportunity Assessment 2018 - 2028

  • 2018-10-23
  • REP-GB-3251
  • 316 pages
  • PDF PPT EXCEL
 Cognitive Assessment And Training Market

An Incisive, In-depth Analysis on the Cognitive Assessment And Training Market

This study offers a comprehensive, 360 degree analysis on the Cognitive Assessment And Training market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Cognitive Assessment And Training market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Cognitive assessment and training is the formal assessment of an individual’s psychological functions and speed of information processing. Cognitive assessment and training is the mental process of acquiring knowledge and understanding through experience and sense. Cognitive assessment tools are used to identify individuals who are likely to need additional evaluation. At present, these tests are widely used by organisations as a part of the recruitment process to assess a candidate’s competence & suitability for a role, as well as to predict his/her future performance.

Technological Advancements in the Healthcare Industry and the Rising Adoption of Mobile-based IT Systems are Boosting the Global Cognitive Assessment and Training Market

In this report, FMI has segmented the global cognitive assessment and training market on the basis of component, type, end user and region. By component, the cognitive assessment and trainingmarket is sub-segmented into software and services. The software sub-segment is surging the growth of the global cognitive assessment and training market owing to the increasing demand for mobile-based cognitive solutions and web-based cognitive assessment applications. In addition, the global penetration of the Internet is surging the growth of the cognitive assessment and training market. However, the growth of the services sub-segment can be attributed to the growth of training and consulting services across the globe. It has been observed that the demand for cognitive training is increasing rapidly in various enterprises and educational institutions. Enterprises and educational institutions are adopting cognitive assessment technologies for the assessment of an individual’s psychological functions. In addition, mobile technologies are used in cognitive assessment and clinical research for patient recruitment, data collection, symptom monitoring and health management. To improve patient compliance, patient care, patient safety and patient satisfaction, the adoption of mobile applications and IT systems is increasing day-by-day in hospitals and healthcare centres.

Based on type, the cognitive assessment and training market is sub-segmented into Personal Computer (PC) and mobile & tablet. The emergence of next-generation technologies in smartphones and tablets is a major factor that promotes the growth of the mobile & tablets sub-segment in the global cognitive assessment and training market. In addition, advancements in IT systems and healthcare technologies play an important role in fuelling the growth of cognitive assessment solutions in most of the developed and developing countries. Developments in mobile health technologies have emerged as a natural extension of the new generation of healthcare systems and IT solutions. These factors are boosting the cognitive assessment & training market worldwide.

Adoption of BYOD in Clinical Trials and Increasing Focus on Education and Training are Fuelling the Cognitive Assessment and Training Market

Based on end-user, the global cognitive assessment and training market is sub-segmented into healthcare, research organisation, education and others. The emergence of digital technologies in the healthcare industry is a major factor boosting the healthcare sub-segment in the global cognitive assessment and training market. In addition, increasing demand from physicians and hospitals to access patient databases on mobiles or institution-owned mobile devices is supporting the increasing adoption of mobile applications and IT systems among healthcare organisations and other entities, which is also propelling the cognitive assessment & training market. Moreover, due to increased awareness, different countries are enforcing the need for cognitive assessment training in enterprises, universities, schools, research organisations and others, which is among factors expected to propel the cognitive assessment market across the world.

North America and Western Europe are Becoming the Key Sources of Demand in the Cognitive Assessment and Training Market

On the basis of geography, North America is expected to dominate the global cognitive assessment and trainingmarket due to advancements in next-generation technologies in the U.S. and Canada. The provision of advanced healthcare policies is expected to propel the cognitive assessment and trainingmarket in North America. Moreover, the region has witnessed the widespread deployment of communication technologies in past couple of years. These factors are fuelling the growth of the cognitive assessment and training market in North America.  The cognitive assessment and trainingmarket has significant potential in China owing to major technological advancements in the healthcare industry. The SEA and Others of APAC cognitive assessment and trainingmarket is expected to be among target markets for cognitive assessment and training market participants. Governments in SEA and Others of APAC are promoting and supporting the digital revolution, which is expected to propel the cognitive assessment and training market in the region. The Latin America cognitive assessment and training market is also estimated to grow at a high CAGR over the forecast period.

According to FMI analysis, long-term contracts with business partners are likely to increase revenue and new innovation strategies are estimated to enable the vendors of cognitive assessment and trainingsolutions to reach new growth markets. Some of the key players in the global cognitive assessment and trainingmarket include IBM Corporation, Cambridge Cognition Limited, NeuroCog Trials, ERT Clinical, Brain Resource Company, WIRB-Copernicus Group, CogniFit, CRF Health, Cogstate Limited and Pearson Education.

Report Synopsis

Future Market Insights (FMI) offers a 10-year forecast of the cognitive assessment and training market between 2018 and 2028. In terms of value, the cognitive assessment and training market is expected to register a double-digit CAGR during the forecast period. This study demonstrates the global cognitive assessment and training market dynamics and trends across eight regions: North America, Latin America, Western Europe, Eastern Europe, SEA & Others of APAC, China, Japan and MEA, which influence the current nature and future status of the cognitive assessment and training market over the forecast period.

Report Description

This research report provides a detailed analysis of the cognitive assessment and training market and offers insights on the various factors driving the popularity of cognitive assessment and training. The report includes an extensive analysis of the key industry drivers, challenges, market trends and market structure. The market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The report segregates the cognitive assessment and training market based on the technology, application and different regions globally.

The cognitive assessment and training market is expected to witness significant value growth during the forecast period owing to the adoption of BYOD in clinical trials and increasing healthcare spending in most of the developed and developing nations.

The cognitive assessment and training market report starts with an overview of the cognitive assessment and training market in terms of value. In addition, this section includes an analysis of the key trends, drivers and challenges from the supply, demand and economy side, which are influencing the cognitive assessment and training market.

The cognitive assessment and training market is classified on the basis of component, type, end user and by region. By component, the cognitive assessment and training market is sub-segmented into software and services. Furthermore, by type, the global cognitive assessment and training market is segmented as Personal Computer (PC) and mobile & tablet. The mobile & tablet sub-segment accounted for a relatively higher share owing to an increase in the demand for smartphones. Furthermore, on the basis of end-user, the cognitive assessment and training market is sub-segmented into healthcare, research organisations, education and others. Due to technological advancements in healthcare industry, the healthcare sub-segment expected to witness double-digit growth during the forecast period.

A detailed analysis has been provided for every segment in terms of market size analysis for the cognitive assessment and training market across different regions. This section provides a detailed analysis that covers the key trends.

The next section contains a detailed analysis of the cognitive assessment and training market across various countries in the region. It provides a market outlook for 2018–2028 and sets the forecast within the context of the cognitive assessment and training market, which includes latest technological developments as well as offerings in the market. This study discusses key trends in different countries that contribute to the growth of the cognitive assessment and training market, as well as analyses the degrees at which drivers are influencing this market in each region. Key regions and countries assessed in this report include North America (U.S. & Canada), Latin America (Brazil, Mexico & the rest of Latin America), Western Europe (UK, France, Germany, Italy, Spain, BENELUX & the rest of Western Europe), Eastern Europe (Russia, Poland & the rest of Eastern Europe), SEA (India, Australia & New Zealand, ASEAN & the rest of APAC), China, Japan and MEA (GCC Countries, Turkey, South Africa, Northern Africa & the rest of MEA). This report evaluates the present scenario and the growth prospects of the cognitive assessment and training market across various regions globally for the period 2018 –2028. We have considered 2017 as the base year and provided data for the remaining 12 months.

To offer an accurate forecast, we started by sizing the current market, which forms the basis of how the cognitive assessment and training market will grow in the future. Given the characteristics of the cognitive assessment and training market, we have triangulated the outcome of different types of analysis based on the technology trends.

As previously highlighted, the global cognitive assessment and training market is split into a number of segments. All segments in terms of component, type, end-user and different regions are analysed in terms of basis points to understand the relative contributions of individual segments to market growth. This detailed information is important for the identification of various key trends in the global cognitive assessment and training market.

In addition, another key feature of this report is the analysis of all key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify the potential resources from a sales and delivery perspective in the global cognitive assessment and training market.

In the final section of the report, we have included a competitive landscape to provide clients a dashboard view based on the categories of providers in the value chain, their presence in the cognitive assessment & training market and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of key providers specific to a market segment in the cognitive assessment & training supply chain and the potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate the key competitors based on an in-depth assessment of their capabilities and success in the marketplace. Detailed profiles of providers are also included in the scope of the cognitive assessment and training market report to evaluate their long-term and short-term strategies, key offerings and recent developments in the cognitive assessment and training market. Some of the key competitors covered in the report are IBM Corporation, Cambridge Cognition Limited, NeuroCog Trials, ERT Clinical, Brain Resource Company, WIRB-Copernicus Group, CogniFit, CRF Health, Cogstate Limited and Pearson Education.

Key Segments

  • By Component

    • Software

    • Services

      • Training

      • Consulting

      • Support & Maintenance

  • By Type

    • Personal Computer (PC)

    • Mobile & Tablet

  • By End-User

    • Healthcare

    • Research Organisation

    • Education

    • Others

Key Regions covered:

  • North America

    • U.S.

    • Canada

  • Latin America

    • Brazil

    • Mexico

    • Rest of Latin America

  • Western Europe

    • Germany

    • U.K.

    • France

    • Spain

    • Italy

    • Benelux

    • Rest of Western Europe

  • Eastern Europe

    • Russia

    • Poland

    • Rest of Eastern Europe

  • SEA & Others of APAC

    • India

    • Australia & New Zealand

    • ASEAN

    • Rest of APAC

  • China

  • Japan

  • MEA

    • GCC Countries

    • Turkey

    • South Africa

    • North Africa

    • Rest of MEA

Cognitive Assessment And Training Market Reports - Table of Contents

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