Global Cognitive Assessment and Training Market to reach USD 19.76 billion by 2027.Global Cognitive Assessment and Training Market is valued approximately USD 3.2 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 29.70% over the forecast period 2021-2027. Cognitive assessment and training is the process of evaluating the mental fitness, IQ level and cognitive abilities such as problem solving and logical thinking of an individual. Increase in competition in the education sector and increasing healthcare expenditure and elderly population are factors contributing to the market growth. For instance: according to United Nations' Department of Economic and Social Affairs, the number of elderly population aged 65yrs or above is expected to boost to 1.5 billion, by the year 2050 from 703 million, in the year 2019. Thus, with an increase in the number of senior citizens worldwide their will ultimately be an increase in the number of diseases, such as dementia and lack of sightedness, thus increasing the need for cognitive assessment and training. However, huge amount of time involved in developing brain training solutions and negative sayings about brain training and cognitive skills impedes the growth of the market over the forecast period of 2021-2027. Also, increasing number of market players and technological advancements in the cognitive assessment market is likely to increase the growth of the market in the forecasting period.

The regional analysis of global Cognitive Assessment and Training market includes Asia Pacific, North America, Europe, Latin America and Rest of the World, North America is a significant region in terms of market share, across the world owing to the presence of well-established companies in the region. Whereas, Asia Pacific is anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as increasing technological adoption coupled with rising number of dementia patients would create lucrative growth prospects for the Cognitive Assessment and Training market across Asia Pacific region.

Major market player included in this report are:
Oxford Learning
Pearson Assessments
Impact Tech Inc
Cogstate ltd
GL Assessment
Cambridge Cognition ltd
LearningRX franchising Company
Lumosity
Listen and learn Centre
Posit Science (BrainHQ) Company




The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Pen-based and paper-based assessment
Hosted assessment
By Component:
Solution
Services
By Application:
Clinical trials
Brain training
Classroom learning
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Cognitive Assessment and Training Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors