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Cognitive Assessment Market Set For 27+% CAGR Explosive Growth To 2025 Propelled By Scientific Research, Clinical Trail, Academic Assessments

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Cognitive Assessment Market Set For 27+% CAGR Explosive Growth To 2025 Propelled By Scientific Research, Clinical Trail, Academic Assessments

October 08
21:30 2018

Cognitive Assessment Market
This report focuses on the Global Cognitive Assessment Market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cognitive Assessment development in North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA).

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 15
1.1 SCOPE OF THE STUDY 15
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 15

2. KEY TAKEAWAYS 17

3. MARKET LANDSCAPE 19
3.1 MARKET OVERVIEW 19
3.2 MARKET SEGMENTATION 20
3.2.1 Global Cognitive assessment Market – By Product 21
3.2.2 Global Cognitive assessment Market – By Application 21
3.2.3 Global Cognitive assessment Market – By Geography 21
3.2.4 Global Cognitive Assessment Market, By Component 22
3.2.5 Global Cognitive Assessment Market, By Application 23
3.2.6 Global Cognitive Assessment Market, By End-User 23
3.3 PEST ANALYSIS 25
3.3.1 North America PEST Analysis
3.3.2 Europe PEST Analysis
3.3.3 Asia-Pacific PEST Analysis
3.3.4 Middle East & Africa PEST Analysis
3.3.5 South Americe PEST Analysis

4. COGNITIVE ASSESSMENT MARKET – KEY INDUSTRY DYNAMICS 35
4.1 KEY MARKET DRIVERS 35
4.1.1 Rapidly aging global population 35
4.1.2 Growing interest of industries in various sectors towards cognitive assessment 36
4.1.3 Cognitive assessment as a special tool in corporate hiring as well as improving productivity of employees 36
4.2 KEY MARKET RESTRAINTS 36
4.2.1 Less awareness among organizations about cognitive assessment benefits 36
4.2.2 Government restrictions in some region 36
4.3 KEY MARKET OPPORUNITIES 37
4.3.1 Advancements in technology 37
4.3.2 Increasing awareness among masses for the cognitive assessments 37
4.4 FUTURE TRENDS 37
4.4.1 Gamification in cognitive assessment 37
4.4.2 Shifting from pen & paper based assessment to digital assessment 37
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS 38

5. COGNITIVE ASSESSMENT – GLOBAL MARKET ANALYSIS 39
5.1 GLOBAL COGNITIVE ASSESSMENT MARKET OVERVIEW 39
5.2 GLOBAL COGNITIVE ASSESSMENT MARKET FORECAST AND ANALYSIS 40

6. COGNITIVE ASSESSMENT MARKET REVENUE AND FORECASTS TO 2025 –COMPONENTS 41
6.1 OVERVIEW 41
6.1 GLOBAL COGNITIVE ASSESSMENT MARKET BREAKDOWN BY COMPONENTS, 2017 & 2025 41
6.2 SOLUTIONS MARKET 42
6.2.1 Overview 42
6.2.2 Solutions market forecast and analysis 42
6.3 SERVICES MARKET 43
6.3.1 Overview 43
6.3.2 Services Market forecast and analysis 43

 

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7. COGNITIVE ASSESSMENT MARKET REVENUE AND FORECASTS TO 2025 –APPLICATION 44
7.1 OVERVIEW 44
7.2 GLOBAL COGNITIVE ASSESSMENT MARKET BREAKDOWN BY APPLICATION, 2017 & 2025 44
7.3 SCIENTIFIC RESEARCH MARKET 45
7.3.1 Overview 45
7.3.2 Scientific Research Market forecast and analysis 45
7.4 CLINICAL RESEARCH MARKET 46
7.4.1 Overview 46
7.4.2 Clinical Research Market forecast and analysis 46
7.5 ACADEMIC ASSESSMENT MARKET 47
7.5.1 Overview 47
7.5.2 Corporate Academic Assessment Market forecast and analysis 47
7.6 CORPORATE TRAINING AND RECRUITMENT MARKET 48
7.6.1 Overview 48
7.6.2 Corporate Training and Recruitment Market forecast and analysis 48
7.7 OTHERS MARKET 49
7.7.1 Overview 49
7.7.2 Others Market forecast and analysis 49

8. COGNITIVE ASSESSMENT MARKET REVENUE AND FORECASTS TO 2025 –END-USER 50
1.1 OVERVIEW 50
8.1 GLOBAL COGNITIVE ASSESSMENT MARKET BREAKDOWN BY END USERS, 2017 & 2025 50
8.2 HEALTHCARE MARKET 51
8.2.1 Overview 51
8.2.2 Healthcare market forecast and analysis 51
8.3 EDUCATION MARKET 52
8.3.1 Overview 52
8.3.2 Education market forecast and analysis 52
8.4 ENTERPRISE MARKET 53
8.4.1 Overview 53
8.4.2 Enterprise market forecast and analysis 53
8.5 SPORTS MARKET 54
8.5.1 Overview 54
8.5.2 Sports market forecast and analysis 54
8.6 GOVERNMENT MARKET 55
8.6.1 Overview 55
8.6.2 Government market forecast and analysis 55
8.7 DEFENSE MARKET 56
8.7.1 Overview 56
8.7.2 Global Defense market forecast and analysis 56
8.8 OTHERS MARKET 57
8.8.1 Overview 57
8.8.2 Other market forecast and analysis 57

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