Dublin, Feb. 06, 2025 (GLOBE NEWSWIRE) -- The "Cognitive Assessment and Training - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Cognitive Assessment and Training was valued at US$7.4 Billion in 2024 and is projected to reach US$31 Billion by 2030, growing at a CAGR of 26.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the cognitive assessment and training market is driven by several factors, including advancements in technology, an aging population, and increasing awareness of cognitive health. One of the key drivers is the rapid development of digital platforms and AI, which have made cognitive assessments more accessible, scalable, and personalized. These technologies allow for continuous cognitive monitoring and more effective training, which has attracted interest from various sectors such as healthcare, education, and corporate training.
Additionally, as populations age worldwide, the demand for cognitive assessment tools to diagnose and manage age-related cognitive decline, such as dementia and Alzheimer's disease, is on the rise. Older adults are increasingly using cognitive training programs to maintain mental sharpness and prevent cognitive decline, further expanding the market. Consumer behavior is also playing a significant role in market growth. As people become more aware of the importance of brain health, there is a growing demand for cognitive training apps and programs designed for personal development. The wellness trend has expanded to include mental fitness, with more individuals turning to cognitive training to improve memory, attention, and problem-solving skills as part of their overall health routines.
Furthermore, the education sector has seen an increasing adoption of cognitive assessment tools to identify learning disabilities early on and offer targeted interventions, driving demand for these solutions in schools and institutions. Finally, the corporate sector is investing in cognitive assessment and training as part of talent management strategies, using these tools to enhance employee performance and productivity. As businesses place greater emphasis on soft skills like critical thinking and problem-solving, cognitive assessments are becoming essential for recruitment and employee development.
These combined factors, along with growing investments in research and development, are propelling the cognitive assessment and training market forward, ensuring its continued expansion in the coming years.
Report Scope
The report analyzes the Cognitive Assessment and Training market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.
Segments
Component (Solutions, Services); Application (Clinical Trials, Learning, Research, Other Applications); Vertical (Healthcare & Life Sciences, Education, Corporate, Other Verticals).
Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Cognitive Assessment and Training Solutions segment, which is expected to reach US$17.4 Billion by 2030 with a CAGR of a 24.9%. The Cognitive Assessment and Training Services segment is also set to grow at 29.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $2 Billion in 2024, and China, forecasted to grow at an impressive 25.6% CAGR to reach $4.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Bracket, Brain Resource Limited, Cambridge Cognition Ltd., Cognifit, Cogstate Ltd. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Questions Answered:
- How is the Global Cognitive Assessment and Training Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 42 major companies featured in this Cognitive Assessment and Training market report include:
- Bracket
- Brain Resource Limited
- Cambridge Cognition Ltd.
- Cognifit
- Cogstate Ltd.
- CRF Health
- ERT Clinical
- Pearson plc
- Quest Diagnostics, Inc.
- VeraSci
Key Attributes
Report Attribute | Details |
No. of Pages | 194 |
Forecast Period | 2024-2030 |
Estimated Market Value (USD) in 2024 | $7.4 Billion |
Forecasted Market Value (USD) by 2030 | $31 Billion |
Compound Annual Growth Rate | 26.9% |
Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Global Economic Update
- Cognitive Assessment and Training - Global Key Competitors Percentage Market Share in 2025 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
MARKET TRENDS & DRIVERS
- Rising Awareness of Mental Health and Cognitive Well-being Drives Demand for Cognitive Assessment Tools
- Aging Population Propels Growth in Cognitive Training for Age-Related Cognitive Decline
- Increased Adoption of Digital Learning Platforms Expands Market Opportunity for Cognitive Training Solutions
- AI and Machine Learning Integration Spurs Innovation in Cognitive Training and Assessment Platforms
- Rising Focus on Early Diagnosis of Cognitive Disorders Generates Demand for Cognitive Assessment in Healthcare
- Corporate Focus on Employee Productivity and Mental Fitness Drives Adoption of Cognitive Training Solutions in the Workplace
- Educational Sector's Emphasis on Cognitive Skill Development Accelerates Demand for Cognitive Assessment Tools in Schools
- Increased Use of Cognitive Assessment in Recruitment Strengthens Market Penetration in Talent Management
- Advancements in Neuroplasticity-Based Training Propels Growth in Cognitive Enhancement Solutions
- Gamification of Cognitive Training Tools Sustains Growth by Enhancing User Engagement
For more information about this report visit https://www.researchandmarkets.com/r/bnzxh0
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