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Cognitive Assessment And Training In Healthcare Market Trends, Top Companies, Share, Growth And Forecast 2033
Cognitive Assessment And Training In Healthcare Market
The Business Research Company presents an extensive market research report on the Cognitive Assessment And Training In Healthcare Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The cognitive assessment and training in healthcare market size has grown exponentially in recent years. It will grow from $4.33 billion in 2023 to $5.74 billion in 2024 at a compound annual growth rate (CAGR) of 32.6%. The growth in the historic period can be attributed to data explosion and complexity, growing it infrastructure complexity, demand for proactive issue resolution, automation for efficiency, rise of devops practices.
The cognitive assessment and training in healthcare market size is expected to see exponential growth in the next few years. It will grow to $16.21 billion in 2028 at a compound annual growth rate (CAGR) of 29.6%. The growth in the forecast period can be attributed to integration with aiops, hybrid and multi-cloud environments, focus on explainable ai, enhanced predictive analytics, integration with edge computing. Major trends in the forecast period include advancements in ai and ml technologies, strategic role in digital transformation, intent-based networking (ibn), autonomous operations, aiops for it operations.
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Key Market Players:
Major companies operating in the cognitive assessment and training in healthcare market report are Signant Health Private Limited, Clario Inc., WIRB-Copernicus Group, WIRB-Copernicus Group, Tecsys Inc., Cognitivescale, Cogstate Ltd., Cognetivity Neurosciences Ltd., MedAvante Inc., Terso Solutions Inc., CogniFit Inc., Akili Inc., BrainScope Company Inc., Cambridge Cognition Ltd., Quest Diagnostics Incorporated, NeuroNation, Wysa Ltd., Brain Resource Company, CNS Vital Signs LLC, Brackets Inc. , Happify Inc., Pear Therapeutics Inc., Total Brain Ltd., Fit Brains Ltd., Posit Science Corporation, Epicor Software Corporation
Market Drivers:
The increasing incidence of dementia is expected to propel the growth of cognitive assessment and training in the healthcare market going forward. Dementia is a category of neurological disorders characterized by a decline in cognitive functions such as memory, thinking, problem-solving, language, and the ability to perform everyday activities. Cognitive assessment tools help detect early signs of cognitive impairment, which can be indicative of dementia, and are also used to monitor the progression of dementia and track changes in cognitive function over time. It can help healthcare providers adjust treatment plans and provide appropriate support as the disease progresses. For instance, in June 2023, according to Alzheimer's Research UK, a UK-based charity organization, it is estimated that by 2040, over 1.2 million people in the UK will be living with dementia, which represents a significant increase in prevalence, amounting to a 30% rise from the numbers recorded in 2022. Therefore, the increasing incidence of dementia will drive the growth of cognitive assessment and training in the healthcare market.
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https://www.thebusinessresearchcompany.com/report/cognitive-assessment-and-training-in-healthcare-global-market-report
The cognitive assessment and training in healthcare market covered in this report is segmented -
1) By Component: Solution, Services
2) By Technology: Pen And Paper Based Assessment, Hosted Assessment And Training Tools, Biometrics
3) By Application: Screening And Diagnostics, Clinical Trial, Brain Training, Other Applications
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