"The latest Cognitive Assessment Market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis of the key persuading factors, market figures in terms of revenues, segmental data, regional data, and country-wise data. This study can be described as most wide-ranging documentation that comprises all the aspects of the evolving Cognitive Assessment Market.
The cognitive assessment market was valued at US$ 4.01 billion in 2019 and is projected to reach US$ 17.08 billion by 2025. The Cognitive assessment market is expected to grow at a CAGR of 27.12% during the forecast period of 2020 to 2025.
The employment landscape has transformed radically after the financial crisis of 2008. The global upsurge in internet users and the groundbreaking changes in human resource management industry have created a rich atmosphere for cognitive assessment service to propagate. Cognitive assessment service plays a vital role in the clinical assessment and recruitment process across the globe. With increased access to computers and the Internet, particularly among older adults. Adoption of more flexible, device-independent deployment models with features ideal for self-assessment is propelling the cognitive and other internet based tests.
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Key Players:
- Cambridge Cognition Ltd.
- CogniFit Ltd.
- Cogstate Ltd.
- MedAvante-ProPhase, Inc
- NeuroCog Trials
- ERT Clinical
- Scientific Brain Training (SBT) SA
- Ortelio Ltd
- Pearson plc
- Thomas International Ltd.
The report segments the Global Cognitive Assessment market as follows:
Cognitive Assessment Market – by Component
- Solutions
- Hardware
Cognitive Assessment Market – by Application
- Scientific Research
- Clinical Trail
- Academic Assessments
- Corporate Training & Recruitment
- Others
Cognitive Assessment Market – by End-User
- Healthcare
- Education
- Enterprise
- Sports
- Government
- Defense
- Others
The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of Cognitive Assessment Market during the forecast period, i.e., 2023-2028. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market on the basis of product type, application, technology, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.
The research provides answers to the following key questions:
- What is the estimated growth rate of the market for the forecast period 2023-2028? What will be the market size during the estimated period?
- What are the key driving forces responsible for shaping the fate of the Cognitive Assessment Market during the forecast period?
- Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Cognitive Assessment Market?
- What are the prominent market trends influencing the development of the Cognitive Assessment Market across different regions?
- What are the major threats and challenges likely to act as a barrier in the growth of the Cognitive Assessment Market?
- What are the major opportunities the market leaders can rely on to gain success and profitability?
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Cognitive Assessment Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Cognitive Assessment Market segments and regions.
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