The Latin America, Middle East and Africa Cognitive Assessment & Training Market would witness market growth of 31.6% CAGR during the forecast period (2020-2026).
Cognitive assessment & training is the process of evaluating IQ or level of intelligence, verbal and non-verbal skills, perceptual abilities with other parameters. This assessment is about a person’s psychological ability and information processing. This solution is a mental process of gaining knowledge and understanding via experience and sense.
The cognitive assessment analysis is used in performing functions like early detection of dementia among the population, sports management, cognitive training of individuals, and others. Many tools are utilized to identify people who need additional evaluation and recently, these tests are majorly utilized by organizations as a part of the recruitment process. In the recruitment process, it is used to evaluate a candidate’s competence and appropriateness for the role. It also helps in predicting the candidate’s future performance, these main features that boost the cognitive assessment and training market.
The adoption of cognitive assessment and training in the corporate world is expected to remarkably grow during the forecast period. With the advancement of technology, assessment tools are making these tools more sophisticated, many organizations have started using cognitive assessment and training solutions to improve the mental health and cognitive fitness of the employees through structured courses and tools. Moreover, corporate is using assessment tools in the recruitment process and improving the productivity of the employees.
Based on Component, the market is segmented into Solution and Services. Solutions Segment is further bifurcated into Assessment & Data Management, Data Analysis & Reporting and Cognitive Training & Others. Based on Application, the market is segmented into Clinical Trials, Research, Learning and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on End User, the market is segmented into Healthcare & Life Sciences, Education, Corporate and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Cognitive Assessment & Training Market in LAMEA is expected to register a CAGR of 31.6% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Quest Diagnostics, Incorporated, Koninklijke Philips N.V.Cambridge Cognition Holdings PLC, Cogstate Ltd., WCG IRB (Medavante, Inc.), Cognifit, Inc., eResearch Technology, Inc., Lumos Labs, Inc. (Lumosity), Signant Health and Brain Resource Ltd.
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Companies Profiled
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