Leading Players of Cognitive Assessment Market Outlook to 2025- Quest Diagnostics, Thomas International, Brain Resource, Cogstate, Posit Science, Cambridge Cognition, Groupe SBT, Cognifit, Cogniciti, Pearson Education
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.
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The emerging players in the market face high barriers-to-entry due to technological advancements and high price-product evolution. These innovative products are integrated with radical biotechnology and neuroscience. Numerous therapeutic products have been developed in partnerships with clinical specialists and those products tend to command high price points. The market for cognitive assessment market is moderately fragmented market with the top ten companies accounting for approximately 50% of the market share.
Companies profiled in this report includes, 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.
To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Cognitive Assessment Market
To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
There has been a rapid growth in the aging population worldwide. Almost every country across the globe is witnessing growth in the number of elder people in their population. According to the World Population Prospects 2017 revision of United Nations, this number is most likely to be doubled by 2050 and almost triple by 2100, increasing from around 962 million in the year 2017 to an estimated 2.1 billion by 2050, and 3.1 billion by the end of this century.
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As a person gets older, changes occur in every part of the body, including the brain. Most likely, certain parts of the brain shrink, leading to difficulties in learning and other mental activities, and brain health complications. This is leading to a high demand for cognitive assessment tests for examining the problems in the older populations, so that a proper treatment can be taken for the same. As the older population increase, the demand for the cognitive assessment will also increase, leading to high growth in the cognitive assessment market.
The report segments the global cognitive assessment market as follows:
Global Cognitive Assessment Market – By Component
Global Cognitive assessment Market – By Application
• Scientific Research
• Clinical Trail
• Academic Assessments
• Corporate Training & Recruitment
Global Cognitive assessment Market – By End-User
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