Market Overview:
The global cognitive assessment market is expected to grow from USD 2.02 Billion in 2018 to USD 3.48 Billion by 2030, at a CAGR of 7.0% during the forecast period. The growth of this market can be attributed to the increasing demand for cognitive assessment tools for early diagnosis and treatment of neurodegenerative diseases, rising awareness about brain health and its importance, and growing adoption of cognitive assessment tools in academic institutions and corporate training centers. However, the high cost associated with these tools may restrain the growth of this market to some extent during the forecast period. Software is expected to be the largest type for cognitive assessment during the forecast period owing to its ability to assess various aspects such as memory, attention span, problem-solving skills, language abilities, etc., which are essential for effective functioning of an individual’s brain.
Product Definition:
Cognitive assessment is the process of systematically gathering information about an individual's cognitive abilities. This information can be used to identify strengths and weaknesses in cognition, and to inform decisions about interventions. The importance of cognitive assessment lies in its ability to provide a comprehensive view of an individual's cognitive abilities that can guide intervention planning.
Software:
Software is any means that facilitates the operation of a computer program. It includes operating systems, application software, and integrated software solutions. The cognitive assessment industry has witnessed significant growth over the past few years owing to growing prevalence of neurological disorders such as dementia among geriatric population coupled with increasing awareness regarding brain fitness tests among consumers.
Services:
The global services and it's usage in cognitive assessment market size was valued at USD 1.1 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growing demand for neuro-services, brain training, psychological testing, clinical trials & research studies are some of the factors that can be attributed to its rapid growth during the forecast period from 2017 - 2027.
Application Insights:
The others application segment held the largest revenue share of 23.20% in 2017, owing to its wide applications across various industries such as education, human resources and training, banking and financial services, retail and e-commerce sectors. The clinical research segment is expected to grow at a lucrative CAGR during the forecast period due to an increase in government funding for medical research along with rising prevalence of diseases such as cancer which requires constant monitoring & evaluation for proper treatment planning.
Cognitive assessment based software solutions are widely used by clinical researchers across several studies for patient diagnosis or pre-surgical planning & post-operative monitoring. These solutions enable clinicians to collect data from patients regarding their symptoms so that they can draw accurate conclusions about the disease state of the patient.
The corporate training.
Regional Analysis:
North America dominated the market in 2017. This can be attributed to the presence of a large number of global players, increased funding for research and development activities, and growing adoption of new technologies across various sectors such as education, healthcare & life sciences, government & defense. Moreover North America is home to several pharmaceutical companies that are actively involved in drug discovery processes. These factors are expected to continue driving regional growth over the forecast period.
Asia Pacific region is anticipated to witness lucrative growth during the forecast period owing to increasing investments by governments in developing countries such as India and China along with other South East Asian countries for upgrading their healthcare systems including mental health facilities coupled with rising awareness about early diagnosis leading towards better treatment outcomes., The market has huge potential opportunities for vendors who can provide cost-effective solutions., Furthermore vendors must ensure high product availability at short notice which would meet customer demand flexibly., Vendor lock-in was one major concern raised by participants from Asia Pacific during our survey discussions held recently.
Growth Factors:
- Increasing demand for cognitive assessment tools from educational institutions to assess the cognitive abilities of students
- Rising prevalence of neurological disorders such as dementia, Alzheimer's disease, and Parkinson's disease that necessitates the use of cognitive assessment tools for early diagnosis and treatment
- Growing number of research studies on brain health and cognition that is fuelling the demand for cognitive assessment tools
- Increasing awareness about the benefits of early diagnosis and treatment of neurological disorders through regular use of cognitive assessment tools
- Technological advancements in the field of neuropsychology that is resulting in development new and advanced cognitive assessment tools
Scope Of The Report
Report Attributes
Report Details
Report Title
Cognitive Assessment Market Research Report
By Type
Software, Services, Hardware, Software is the main type for Cognitive Assessment, with a 49.40% revenue market share., Cognitive Assessmen
By Application
Clinical Research, Scientific Research, Corporate Training and Recruitment, Others, Clinical Research remained the largest application field, followed by Scientific Research and Corporate Training.
By Companies
Pearson, Medavante-ProPhase, VeraSci (NeuroCog Trials), Lumos Labs, Cogstate Ltd, Signant Health, ImPACT Applications, Quest Diagnostics, Thomas International, SBT Human(s) Matter, Cognifit, Cambridge Cognition, Savonix, Cognitive Assessmen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Cognitive Assessment Market Report Segments:
The global Cognitive Assessment market is segmented on the basis of:
Types
Software, Services, Hardware, Software is the main type for Cognitive Assessment, with a 49.40% revenue market share., Cognitive Assessmen
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Clinical Research, Scientific Research, Corporate Training and Recruitment, Others, Clinical Research remained the largest application field, followed by Scientific Research and Corporate Training.
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pearson
- Medavante-ProPhase
- VeraSci (NeuroCog Trials)
- Lumos Labs
- Cogstate Ltd
- Signant Health
- ImPACT Applications
- Quest Diagnostics
- Thomas International
- SBT Human(s) Matter
- Cognifit
- Cambridge Cognition
- Savonix
- Cognitive Assessmen
Highlights of The Cognitive Assessment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Services
- Hardware
- Software is the main type for Cognitive Assessment, with a 49.40% revenue market share.
- Cognitive Assessmen
- By Application:
- Clinical Research
- Scientific Research
- Corporate Training and Recruitment
- Others
- Clinical Research remained the largest application field, followed by Scientific Research and Corporate Training.
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cognitive Assessment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cognitive assessment is a process of assessing the cognitive abilities of individuals. It can be used to identify and assess problems with thinking, memory, attention, problem solving skills, and other aspects of cognitive function.
Some of the key players operating in the cognitive assessment market are Pearson, Medavante-ProPhase, VeraSci (NeuroCog Trials), Lumos Labs, Cogstate Ltd, Signant Health, ImPACT Applications, Quest Diagnostics, Thomas International, SBT Human(s) Matter, Cognifit, Cambridge Cognition, Savonix, Cognitive Assessmen.
The cognitive assessment market is expected to register a CAGR of 7%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cognitive Assessment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cognitive Assessment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cognitive Assessment Market - Supply Chain
4.5. Global Cognitive Assessment Market Forecast
4.5.1. Cognitive Assessment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cognitive Assessment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cognitive Assessment Market Absolute $ Opportunity
5. Global Cognitive Assessment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cognitive Assessment Market Size and Volume Forecast by Type
5.3.1. Software
5.3.2. Services
5.3.3. Hardware
5.3.4. Software is the main type for Cognitive Assessment, with a 49.40% revenue market share.
5.3.5. Cognitive Assessmen
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cognitive Assessment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cognitive Assessment Market Size and Volume Forecast by Application
6.3.1. Clinical Research
6.3.2. Scientific Research
6.3.3. Corporate Training and Recruitment
6.3.4. Others
6.3.5. Clinical Research remained the largest application field, followed by Scientific Research and Corporate Training.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cognitive Assessment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cognitive Assessment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cognitive Assessment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cognitive Assessment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cognitive Assessment Demand Share Forecast, 2019-2026
9. North America Cognitive Assessment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cognitive Assessment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cognitive Assessment Market Size and Volume Forecast by Application
9.4.1. Clinical Research
9.4.2. Scientific Research
9.4.3. Corporate Training and Recruitment
9.4.4. Others
9.4.5. Clinical Research remained the largest application field, followed by Scientific Research and Corporate Training.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cognitive Assessment Market Size and Volume Forecast by Type
9.7.1. Software
9.7.2. Services
9.7.3. Hardware
9.7.4. Software is the main type for Cognitive Assessment, with a 49.40% revenue market share.
9.7.5. Cognitive Assessmen
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cognitive Assessment Demand Share Forecast, 2019-2026
10. Latin America Cognitive Assessment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cognitive Assessment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cognitive Assessment Market Size and Volume Forecast by Application
10.4.1. Clinical Research
10.4.2. Scientific Research
10.4.3. Corporate Training and Recruitment
10.4.4. Others
10.4.5. Clinical Research remained the largest application field, followed by Scientific Research and Corporate Training.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cognitive Assessment Market Size and Volume Forecast by Type
10.7.1. Software
10.7.2. Services
10.7.3. Hardware
10.7.4. Software is the main type for Cognitive Assessment, with a 49.40% revenue market share.
10.7.5. Cognitive Assessmen
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cognitive Assessment Demand Share Forecast, 2019-2026
11. Europe Cognitive Assessment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cognitive Assessment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cognitive Assessment Market Size and Volume Forecast by Application
11.4.1. Clinical Research
11.4.2. Scientific Research
11.4.3. Corporate Training and Recruitment
11.4.4. Others
11.4.5. Clinical Research remained the largest application field, followed by Scientific Research and Corporate Training.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cognitive Assessment Market Size and Volume Forecast by Type
11.7.1. Software
11.7.2. Services
11.7.3. Hardware
11.7.4. Software is the main type for Cognitive Assessment, with a 49.40% revenue market share.
11.7.5. Cognitive Assessmen
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cognitive Assessment Demand Share, 2019-2026
12. Asia Pacific Cognitive Assessment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cognitive Assessment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cognitive Assessment Market Size and Volume Forecast by Application
12.4.1. Clinical Research
12.4.2. Scientific Research
12.4.3. Corporate Training and Recruitment
12.4.4. Others
12.4.5. Clinical Research remained the largest application field, followed by Scientific Research and Corporate Training.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cognitive Assessment Market Size and Volume Forecast by Type
12.7.1. Software
12.7.2. Services
12.7.3. Hardware
12.7.4. Software is the main type for Cognitive Assessment, with a 49.40% revenue market share.
12.7.5. Cognitive Assessmen
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cognitive Assessment Demand Share, 2019-2026
13. Middle East & Africa Cognitive Assessment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cognitive Assessment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cognitive Assessment Market Size and Volume Forecast by Application
13.4.1. Clinical Research
13.4.2. Scientific Research
13.4.3. Corporate Training and Recruitment
13.4.4. Others
13.4.5. Clinical Research remained the largest application field, followed by Scientific Research and Corporate Training.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cognitive Assessment Market Size and Volume Forecast by Type
13.7.1. Software
13.7.2. Services
13.7.3. Hardware
13.7.4. Software is the main type for Cognitive Assessment, with a 49.40% revenue market share.
13.7.5. Cognitive Assessmen
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cognitive Assessment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cognitive Assessment Market: Market Share Analysis
14.2. Cognitive Assessment Distributors and Customers
14.3. Cognitive Assessment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Pearson
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Medavante-ProPhase
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. VeraSci (NeuroCog Trials)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lumos Labs
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cogstate Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Signant Health
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ImPACT Applications
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Quest Diagnostics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Thomas International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SBT Human(s) Matter
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cognifit
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Cambridge Cognition
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Savonix
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Cognitive Assessmen
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
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