Dublin, March 14, 2023 (GLOBE NEWSWIRE) -- The "Cognitive Assessment And Training In Healthcare Market Size, Share & Trends Analysis Report By Assessment (Biometrics Assessment, Pen & Paper-based Assessment), By Component, By Application, By Region, And Segment Forecasts, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global cognitive assessment and training in healthcare market size is expected to reach USD 26.4 billion by 2030, expanding at a CAGR of 25.5% from 2022 to 2030.
Companies Mentioned
- Cambridge Cognition Ltd.
- Cognifit Inc
- Cogstate Ltd
- Cns Vital Signs, LLC
- Brain Resource Company
- Wirb-Copernicus Group
- Quest Diagnostics Incorporated
- Signant Health
- Posit Science
- Clario
- Cognetivity Neurosciences
Healthcare professionals use cognitive assessment to evaluate patients who exhibit loss of memory or other signs of cognitive impairment.
These assessments are helpful in screening for a variety of illnesses including Parkinson's disease, brain tumors, and stroke-related cognitive problems, and identifying patients who are at risk of developing dementia.
The rise in incidence rates of dementia cases, increasing awareness regarding cognitive health, and technologically advanced cognitive assessments & training tools remain key factors for growth.
Moreover, increased application of cognitive assessments in clinical trials and dementia research are also other factors driving the growth of the market.
The COVID-19 pandemic affected the market with a reduction in emergency visits and significantly delayed outpatient clinic appointments. In addition, consultation services that involve one-on-one interaction were hampered due to concerns about transmission.
The market players suffered losses in the initial phase. However, telemedicine and online platforms for cognitive testing and training created new revenue streams to mitigate some of those losses. As a result, cutting-edge technologies such as remote (decentralized) clinical trials and home-based assessments have been adopted at an unprecedented rate.
The demand for brain assessment training by the tech-savvy generation and the expanding market for cognitive solutions are both driving the rise of the cognitive assessment and training sector.
Due to the advancement of technology, brain training activities have been steadily incorporated into computerized training on smartphones and tablets, computers, and more recently, gaming consoles. Some brain training regimens focus on particular cognitive skills, while others are more comprehensive and interconnected.
Programs for cognitive training may include manipulatives; additional support, such as playing cards; physical activity; tasks requiring paper and pencil; computer-based exercises; and other training techniques.
Cognitive Assessment And Training In Healthcare Market Report Highlights
- Based on the assessment, the pen and paper assessment segment dominated the market with a revenue share of 47.7% in 2021, owing to easier availability, convenience, and affordability. The hosted assessment segment is expected to witness a CAGR of over 26% over the forecast period pertaining to the increased adoption of telemedicine
- Based on component, the services segment held a majority of the revenue share of 59.3% in 2021 owing to the increasing demand for training & support and consulting for rater qualification, training, and management that equip raters to administer scales in the most efficient manner while adhering to the highest standards
- Based on application, the clinical trials segment dominated the market with a revenue share of 41.0% in 2021 and is expected to retain its position during the forecast period
- North America held the largest revenue share of 37.9% in 2021 owing to the rising public awareness related to the treatments of cognitive illnesses. Due to the rapidly aging population in the region, which is susceptible to cognitive disorders, government funding for clinical trials and research has increased
- Asia Pacific is expected to witness the fastest CAGR of 26.5% over the forecast period from 2022 to 2030, due to increasing incidence of sports injuries & trauma leading to cognitive impairment, rising geriatric population, rapidly expanding healthcare infrastructure, and growing government backing
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 100 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $4.3 Billion |
| Forecasted Market Value (USD) by 2030 | $26.4 Billion |
| Compound Annual Growth Rate | 25.5% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1 Report Scope and Objectives
Chapter 2 Methodology
Chapter 3 Executive Summary
Chapter 4 Market Variables, Trends & Scope
4.1 Market Lineage Outlook
4.1.1 Parent Market Outlook
4.1.2 Ancillary Market Outlook
4.2 Cognitive Assessment & Training In Healthcare Market Dynamics
4.2.1 Market Driver Analysis
4.2.2 Market Restraint Analysis
4.3 Cognitive Assessment & Training In Healthcare Market: Business Environment Analysis Tools
4.4 Penetration & Growth Prospect Mapping
4.5 Technology Trend Analysis
4.6 Regulatory Framework
4.7 Impact Of Covid-19 On Cognitive Assessment & Training In Healthcare Market
Chapter 5 Cognitive Assessment & Training In Healthcare Market: Assessment Analysis
5.1 Cognitive Assessment & Training In Healthcare Assessment Market Share Analysis, 2021 & 2030
5.2 Cognitive Assessment & Training In Healthcare Assessment Market: Segment Dashboard:
5.3 Market Size & Forecasts and Trend Analyses, 2017 to 2030 for the Assessment Segment
5.3.1 Biometric Assessment
5.3.1.1 Biometric Assessment Market, 2017 - 2030 (USD Million)
5.3.2 Pen & Paper-Based Assessment
5.3.2.1 Pen & Paper-Based Assessment Market, 2017 - 2030 (USD Million)
5.3.3 Hosted Assessment
5.3.3.1 Hosted Assessment Market, 2017 - 2030 (USD Million)
Chapter 6 Cognitive Assessment & Training In Healthcare Market: Treatment Analysis
6.1 Cognitive Assessment & Training In Healthcare Component Market Share Analysis, 2021 & 2030
6.2 Cognitive Assessment & Training In Healthcare Component Market: Segment Dashboard
6.3 Market Size & Forecasts and Trend Analyses, 2017 to 2030 for the Component Segment
6.3.1 Solution
6.3.1.1 Solution market, 2017 - 2030 (USD Million)
6.3.1.2 Assessment
6.3.1.2.1 Assessment market, 2017 - 2030 (USD Million)
6.3.1.3 Data Analysis & Reporting
6.3.1.3.1 Data analysis & reporting market, 2017 - 2030 (USD Million)
6.3.1.4 Data Management
6.3.1.4.1 Data Management Market, 2017 - 2030 (USD Million)
6.3.1.5 Others
6.3.1.5.1 Others Market, 2017 - 2030 (USD Million)
6.3.2 Services
6.3.2.1 Services Market, 2017 - 2030 (USD Million)
6.3.2.2 Training & Support
6.3.2.2.1 Training & Support Market, 2017 - 2030 (USD Million)
6.3.2.3 Consulting
6.3.2.3.1 Consulting market, 2017 - 2030 (USD Million)
Chapter 7 Cognitive Assessment & Training In Healthcare Market: Application Analysis
7.1 Cognitive Assessment & Training In Healthcare Application Market Share Analysis, 2021 & 2030
7.2 Cognitive Assessment & Training In Healthcare Application Market: Segment Dashboard
7.3 Market Size & Forecasts and Trend Analyses, 2017 to 2030 for the Application Segment
7.3.1 Clinical Trials
7.3.1.1 Clinical Trials Market, 2017 - 2030 (USD Million)
7.3.2 Screening & Diagnostics
7.3.2.1 Screening & Diagnostics Market, 2017 - 2030 (USD Million)
7.3.3 Brain Training
7.3.3.1 Brain Training Market, 2017 - 2030 (USD Million)
7.3.4 Academic Research
7.3.4.1 Academic Research Market, 2017 - 2030 (USD million)
Chapter 8 Cognitive Assessment & Training In Healthcare Market: Regional Analysis
Chapter 9 Competitive Analysis
For more information about this report visit https://www.researchandmarkets.com/r/v1d63x
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