Cognitive Assessment and Training Market-Size By Business Function, By Component, By Deployment Model, By Organization Size, By End User, And Forecast Up to 2021 (Trending Report)


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Jan 13, 2022, 06:33 EST


Shibuya-ku, Tokyo, Japan, Japan, Jan 13, 2022, 06:33 /Comserve / -- The cognitive assessment and training market size is expected to grow from USD 1.98 billion in 2016 to USD 8.06 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.3% during the forecast period.

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

The cognitive assessment and training market size is expected to grow from USD 1.98 billion in 2016 to USD 8.06 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.3% during the forecast period. The growing number of aged people across the globe is one of the factors driving the incidents of cognitive impairments. With the increase in the number of baby boomers in developing countries crossing the age of 65 years, the incidence of cognitive impairments is expected to increase dramatically. Moreover, it has become very crucial to introduce new approaches to prevent and tackle the primary, secondary, and tertiary cognitive impairments. People are becoming more concerned regarding their memory performance and enhancement.

Today, almost all the assessment and training methods involve at least one measure, which is monitored, scored, or interpreted with the help of computers or other technologies. However, stringent government regulations across the globe, negative publicity about brain training efficiency, and time constraints in developing clinically validated brain fitness software have hindered the growth of the cognitive assessment and training market.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-108126
The Final Report will cover the impact analysis of COVID-19 on this industry: Cognitive Assessment and Training Market-Size By Business Function, By Component, By Deployment Model, By Organization Size, By End User, And Forecast Up to 2021 (Trending Report)

The pen- and paper-based assessment type is a traditional approach for measuring the cognitive behavior of an individual and remains largely the standard for the assessment of cognitive decline. The segment includes revenues generated by performing and analyzing pen- and paper-based cognitive assessment tests, such as Standardized Mini-Mental Status Examination (SMMSE), Alzheimer’s Disease Assessment Scale-Cognitive (ADAS-Cog), and clock drawing test by doctors and other professionals.

Clinical trial is projected to grow at the highest CAGR during the forecast period
Clinical trials are mainly used to identify, measure, or monitor cognitive impairments and cognitive changes; such assessments are performed across multiple languages and cultural groups in different clinical and social settings. The use of clinical trial involves the procedure to develop drug for cognitively impaired patient. It is a long procedure that requires high amount of funding from pharmaceutical vendors and other organization. Hence, the need to develop drugs and requirement of clinical testing of patient would boost the growth for clinical trials.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of profiles of primary participants is as follows:
• By Company: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20%
• By Designation: C-level: 35%, Director level: 25%, and Others: 40%
• By Region: North America: 45%, Europe: 20%, Asia-Pacific (APAC): 30%, and Rest of World (RoW): 5%

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-108126
The Final Report will cover the impact analysis of COVID-19 on this industry: Cognitive Assessment and Training Market-Size By Business Function, By Component, By Deployment Model, By Organization Size, By End User, And Forecast Up to 2021 (Trending Report)

Research Coverage:
The main objective of this report is to define, describe, and forecast the cognitive assessment and training market, which is segmented on the basis of assessment types, components (solutions and services), applications, verticals, and regions. The assessment types include pen- and paper-based, hosted, and biometrics assessments. The next segment is component types, which is divided into solutions and services; the solutions segment is further segmented into assessment, data management, project management, data analysis & reporting, and others (including rater training and prescreening solution); the services segment has been categorized into training & support and consulting. The applications segment consists of clinical trials, classroom learning, corporate learning, brain learning, research, and others which include screening and diagnostics, patient engagement, and patient recruitment. Segmentation based on verticals includes education, healthcare, corporate, sports, defense, and pharmaceuticals. The report attempts to forecast the market size with respect to five main regions, namely, North America, Europe, APAC, Middle East & Africa (MEA), and Latin America.

Reasons to Buy the Report:
The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the cognitive assessment and training market comprehensively and provides the closest approximations of the revenue numbers for the overall market, and the subsegments across different end-users and regions.
2. The report helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.

TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 MARKETS COVERED 17
1.3.2 YEARS CONSIDERED FOR THE STUDY 18
1.4 CURRENCY 18
1.5 LIMITATIONS 18
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.2 PRIMARY DATA 20
2.1.2.1 Key industry insights 20
2.1.2.2 Breakdown of primary interviews 21
2.2 MARKET SIZE ESTIMATION 21
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 23
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 24
2.4 VENDOR DIVE MATRIX METHODOLOGY 25

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