Dublin, Jan. 30, 2023 (GLOBE NEWSWIRE) -- The "Cognitive Assessment and Training - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Cognitive Assessment and Training Market to Reach $27.6 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Cognitive Assessment and Training estimated at US$4 Billion in the year 2022, is projected to reach a revised size of US$27.6 Billion by 2030, growing at a CAGR of 27.2% over the analysis period 2022-2030. Solutions, one of the segments analyzed in the report, is projected to record 25.3% CAGR and reach US$15.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 30.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 26.2% CAGR
The Cognitive Assessment and Training market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.6 Billion by the year 2030 trailing a CAGR of 26.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 24.4% and 23.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 18.9% CAGR.
| Report Attribute | Details |
| No. of Pages | 194 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $4 Billion |
| Forecasted Market Value (USD) by 2030 | $27.6 Billion |
| Compound Annual Growth Rate | 27.3% |
| Regions Covered | Global |
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
Looking Ahead to 2023
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- 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
- Cognitive Assessment and Training - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- 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
- 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
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
A selection of companies mentioned in this report includes
- Bracket
- Brain Resource Limited
- Cambridge Cognition Ltd.
- Cognifit
- Cogstate Ltd.
- CRF Health
- ERT Clinical
- Pearson plc
- Quest Diagnostics, Inc.
- VeraSci
For more information about this report visit https://www.researchandmarkets.com/r/c4oh09
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