The global Cognitive Assessment Market is estimated to grow at a CAGR of 27.12% during the forecast period 2018 – 2025 and account to US$ 17.08 Bn by the year 2025.
The global key players operating in the cognitive assessment market are Quest Diagnostics, Thomas International Ltd., Brain Resource Company, Cogstate Ltd., and Posit Science Corp. Also, Cambridge Cognition Ltd., Groupe SBT, Cognifit, Cogniciti, and Pearson Education are other key companies in the cognitive assessment market.
APAC is estimated to gain largest market share over the forecast period and is anticipated to account for close to one-third of the total market by 2025. The growth in the region is primarily driven by newer infrastructure as well as technological developments. The developing economies of APAC are experiencing a tremendous growth in their FDIs in various industry sectors. Furthermore, large population in the Asia Pacific region has led to increased population suffering from dementia problems. The APAC region comprises of several developing economies such as China and India as well as many South East Asian countries, strongly demanding for cognitive assessment tools prominently in the healthcare, education and training & recruitment sectors. The rising population of these countries is the main driver for growth of increasing usage of cognitive assessment tools in the region.
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The global cognitive assessment market is experiencing an intense growth with regards to the investments, trials being carried out and deployment for future in the current scenario and is anticipated to rise in the coming years. The market for cognitive assessment consists of some well-established players across the globe, which are currently investing huge amounts in order to deliver the most advanced service to the customers. Government funding for research & development, strategic partnerships between various technology companies, supportive policies from the Government to allow conducting cognitive tests for various purposes are anticipated to enable huge surges in the cognitive assessment market over the forecast period.
The cognitive assessment market segmentation is done on the basis of component, application, and end-user. The market for cognitive assessment is segmented on the basis of component into software, hardware, and service. Further, the market has been segmented into various applications where the cognitive tools can be put to use. The various applications that form the basis of the segment in the study include scientific research, clinical trials, academic assessments, corporate training & recruitment, and others. Also, the cognitive assessment market has been segmented on the basis of end-users that includes healthcare, education, enterprise, sports, Government, defense, and others. On the basis of geography, the cognitive assessment market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
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Key Insights Covered:
1. INTRODUCTION 151.1 SCOPE OF THE STUDY 151.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 15
2. KEY TAKEAWAYS 17
3. MARKET LANDSCAPE 193.1 MARKET OVERVIEW 193.2 MARKET SEGMENTATION 203.2.1 Global Cognitive assessment Market – By Product 213.2.2 Global Cognitive assessment Market – By Application 213.2.3 Global Cognitive assessment Market – By Geography 213.2.4 Global Cognitive Assessment Market, By Component 223.2.5 Global Cognitive Assessment Market, By Application 233.2.6 Global Cognitive Assessment Market, By End-User 233.3 PEST ANALYSIS 253.3.1 North America PEST Analysis3.3.2 Europe PEST Analysis3.3.3 Asia-Pacific PEST Analysis3.3.4 Middle East & Africa PEST Analysis3.3.5 South Americe PEST Analysis
4. COGNITIVE ASSESSMENT MARKET – KEY INDUSTRY DYNAMICS 354.1 KEY MARKET DRIVERS 354.1.1 Rapidly aging global population 354.1.2 Growing interest of industries in various sectors towards cognitive assessment 364.1.3 Cognitive assessment as a special tool in corporate hiring as well as improving productivity of employees 364.2 KEY MARKET RESTRAINTS 364.2.1 Less awareness among organizations about cognitive assessment benefits 364.2.2 Government restrictions in some region 364.3 KEY MARKET OPPORUNITIES 374.3.1 Advancements in technology 374.3.2 Increasing awareness among masses for the cognitive assessments 374.4 FUTURE TRENDS 374.4.1 Gamification in cognitive assessment 374.4.2 Shifting from pen & paper based assessment to digital assessment 374.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS 38
5. COGNITIVE ASSESSMENT – GLOBAL MARKET ANALYSIS 395.1 GLOBAL COGNITIVE ASSESSMENT MARKET OVERVIEW 395.2 GLOBAL COGNITIVE ASSESSMENT MARKET FORECAST AND ANALYSIS 40
6. COGNITIVE ASSESSMENT MARKET REVENUE AND FORECASTS TO 2025 –COMPONENTS 416.1 OVERVIEW 416.1 GLOBAL COGNITIVE ASSESSMENT MARKET BREAKDOWN BY COMPONENTS, 2017 & 2025 416.2 SOLUTIONS MARKET 426.2.1 Overview 426.2.2 Solutions market forecast and analysis 426.3 SERVICES MARKET 436.3.1 Overview 436.3.2 Services Market forecast and analysis 43
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7. COGNITIVE ASSESSMENT MARKET REVENUE AND FORECASTS TO 2025 –APPLICATION 447.1 OVERVIEW 447.2 GLOBAL COGNITIVE ASSESSMENT MARKET BREAKDOWN BY APPLICATION, 2017 & 2025 447.3 SCIENTIFIC RESEARCH MARKET 457.3.1 Overview 457.3.2 Scientific Research Market forecast and analysis 457.4 CLINICAL RESEARCH MARKET 467.4.1 Overview 467.4.2 Clinical Research Market forecast and analysis 467.5 ACADEMIC ASSESSMENT MARKET 477.5.1 Overview 477.5.2 Corporate Academic Assessment Market forecast and analysis 477.6 CORPORATE TRAINING AND RECRUITMENT MARKET 487.6.1 Overview 487.6.2 Corporate Training and Recruitment Market forecast and analysis 487.7 OTHERS MARKET 497.7.1 Overview 497.7.2 Others Market forecast and analysis 49
8. COGNITIVE ASSESSMENT MARKET REVENUE AND FORECASTS TO 2025 –END-USER 501.1 OVERVIEW 508.1 GLOBAL COGNITIVE ASSESSMENT MARKET BREAKDOWN BY END USERS, 2017 & 2025 508.2 HEALTHCARE MARKET 518.2.1 Overview 518.2.2 Healthcare market forecast and analysis 518.3 EDUCATION MARKET 528.3.1 Overview 528.3.2 Education market forecast and analysis 528.4 ENTERPRISE MARKET 538.4.1 Overview 538.4.2 Enterprise market forecast and analysis 538.5 SPORTS MARKET 548.5.1 Overview 548.5.2 Sports market forecast and analysis 548.6 GOVERNMENT MARKET 558.6.1 Overview 558.6.2 Government market forecast and analysis 558.7 DEFENSE MARKET 568.7.1 Overview 568.7.2 Global Defense market forecast and analysis 568.8 OTHERS MARKET 578.8.1 Overview 578.8.2 Other market forecast and analysis 57
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