Press Release

Nov, 26 2024

Growing Adoption of Gamification for Cognitive Assessment is Driving the Growth of the Asia-Pacific Cognitive Assessment and Training Market

Gamification refers to the application of game-like elements such as scoring, competition, rewards, and challenges in non-game settings, aimed at increasing user engagement and motivation. The concept, though formally coined in 2002, has been utilized for centuries, now finding increased application in education, health, and professional training due to its ability to capture attention and enhance learning outcomes. In Asia-Pacific, where technology adoption is on the rise and education systems are rapidly evolving, gamification is gaining significant traction. Instances such as Minecraft: Education Edition, which teaches coding through an engaging game environment, or Google's Headspace app, which tracks and improves meditation skills through gamified progress indicators, illustrate how gamification enhances learning and retention. In addition, loyalty cards and gift cards, popular in physical retail experiences, also reflect the broader application of gamification principles.

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Data Bridge Market Research analyses that the Asia-Pacific Cognitive Assessment and Training Market is expected to reach USD 27.44 billion by 2031 from USD 3.28 billion in 2023, growing with a substantial CAGR of 30.6% in the forecast period of 2024 to 2031.

Key Findings of the Study

Asia-Pacific Cognitive Assessment and Training Market

Rising Demand for Cognitive Assessments to Identify and Manage Cognitive Decline

The decline in cognitive intelligence across various age groups drives the demand for cognitive assessments as it plays a crucial role in identifying, managing, and improving it. Cognitive assessments evaluate essential brain functions such as memory, reasoning, problem-solving abilities, and processing speed. These tests help diagnose early cognitive impairments, pinpoint learning difficulties, and identify cognitive strengths and weaknesses. This growing recognition of the benefits of cognitive assessments is driving significant market growth in the Asia-Pacific region.

A critical aspect of this market driver is the rising awareness of mental health and the importance of cognitive well-being in both children and adults. For children, cognitive assessments aid in understanding their capability for learning, identifying areas for improvement, and guiding interventions to enhance cognitive development. In adults, particularly as early cognitive decline becomes a more pressing issue, cognitive assessments are being increasingly used for early diagnosis of conditions such as Mild Cognitive Impairment (MCI) and other neurodegenerative diseases such as Alzheimer’s. For older populations, these assessments are valuable tools for physicians to monitor and manage cognitive health, particularly for individuals at risk of dementia.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion

Segments Covered

Offering (Solutions and Services), Assessment (Hosted Assessment, Personal Interview, Pen and Paper Based Assessment, and Biometric Assessment), Mode of Assessment (Online and Offline), Age Group (Children (Below 14 Years), Youth (15 – 24 Years), Adults (25 – 60 Years), and Seniors (Above 60 Years)), Organization size (Large Enterprises and Small and Medium Sized Enterprises (SMEs)), Application (Health and Clinical Assessment, Learning, Screening and Diagnostics, Research, Brain Training, Memory Assessment, and Others), End User (Healthcare and Life Sciences, Education, Corporate, Military and Defense, Sports, Government, Research Companies, and Others)

Countries Covered

China, Japan, India, South Korea, Australia, Indonesia, Thailand, Malaysia, Singapore, Philippines, Taiwan, Vietnam, and Rest of Asia-Pacific

Market Players Covered

Mercer LLC (U.S.), Koninklijke Philips N.V. (Netherland), Pearson (U.K.), Quest Diagnostics (U.S.), SHL (U.K.), CogniFit Inc (U.S.), Cogstate Ltd. (U.S.), Hogan Assessments Systems, Inc. (U.S.), MeritTrac Services Pvt Ltd (India), Oxford Learning Centres (U.K.), PMaps (India), Signant Health (U.S.), WCG Clinical (U.S.), ETS (U.S.), and Xobin Inc. (U.S.) among others

Data Points Covered in the Report

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, PORTER analysis, and PESTLE analysis

Segment Analysis

Asia-Pacific cognitive assessment and training market is segmented into seven notable segments, which are based on the basis of offering, assessment, mode of assessment, age group, organization size, application, and end user.

  • On the basis of offering, the Asia-Pacific cognitive assessment and training market is segmented into solutions and services

In 2024, solutions segment is expected to dominate the Asia-Pacific cognitive assessment and training market

In 2024, solutions segment is expected to dominate the market with 61.76% market share due to its comprehensive tools and software that offer tailored cognitive assessments and training programs. These solutions are highly scalable, allowing for widespread adoption across educational, corporate, and healthcare sectors.

  • On the basis of assessment, the Asia-Pacific cognitive assessment and training market is segmented into hosted assessment, personal interview, pen and paper based assessment, and biometric assessment

In 2024, hosted assessment segment is expected to dominate the Asia-Pacific cognitive assessment and training market

In 2024, hosted assessment segment is expected to dominate the market with 41.46% market share due to its ease of accessibility, cost-effectiveness, and scalability, allowing users to complete assessments remotely. It offers real-time data analytics and personalized feedback, enhancing user engagement. In addition, the rising demand for cloud-based solutions supports its widespread adoption across various sectors.

  • On the basis of mode of assessment, the Asia-Pacific cognitive assessment and training market is segmented into online and offline. In 2024, online segment is expected to dominate the market with 58.34% market share
  • On the basis of age group, the Asia-Pacific cognitive assessment and training market is segmented into children (below 14 years), youth (15 – 24 years), adults (25 – 60 years) and seniors (above 60 years). In 2024, the children (below 14 years) segment is expected to dominate the market with 35.03% market share
  • On the basis of organization size, the Asia-Pacific cognitive assessment and training market is segmented into large enterprises and small and medium sized enterprises (SMES). In 2024, the large enterprises segment is expected to dominate the market with 60.17% market share
  • On the basis of application, the Asia-Pacific cognitive assessment and training market is segmented into health and clinical assessment, learning, screening and diagnostics, research, brain training, memory assessment, and others. In 2024, health and clinical assessment is expected to dominate the market with 32.53% market share
  • On the basis of end user, the Asia-Pacific cognitive assessment and training market is segmented into healthcare and life sciences, education, corporate, military and defense, sports, government, research companies and others. In 2024, healthcare and life sciences segment is expected to dominate the market with 32.06% market share

Major Players

Data Bridge Market Research analyzed Mercer LLC (U.S.), Koninklijke Philips N.V. (Netherland), Pearson (U.K.), Quest Diagnostics (U.S.), and SHL (U.K.) as the major players operating in the market.

Asia-Pacific Cognitive Assessment and Training Market

Market Developments

  • In February 2021, Mercer LLC, an online assessment company, launched a web-based examination platform to digitize academic exams, addressing the challenges posed by physical exams. The solution streamlined the entire examination process, from creating question papers to AI and human-led proctoring, evaluating answer scripts, and declaring results. This launch strengthened Mercer Mettl's market presence, providing a cost-effective, scalable solution for remote academic assessments, aligning with the growing demand for e-learning tools
  • In October 2024, PMaps partnered with SkillsConnect to integrate psychometric assessments into a broader hiring ecosystem, aiming to revolutionize talent management. The collaboration addressed skill gaps and expanded the reach of hyper-local hiring. Together, they sought to reshape the hiring landscape by combining innovative assessment tools with SkillsConnect's platform. This partnership improved hiring efficiency and talent management, benefiting PMaps by enhancing its market position and client reach
  • In July 2024, ETS (Wheebox), launched the Global Employability Test (GET) to assess career readiness in Indian institutes. The 90-minute test featured 89 adaptive questions targeting key competencies. Wheebox aimed to provide AICTE with detailed reports on participation and performance in engineering colleges. This initiative benefited the company by strengthening its presence in India’s educational sector and enhancing its collaboration with academic institutions
  • In May 2022, Cogstate Ltd. partnered with Clario to provide data quality solutions for neuroscience assessments in decentralized, hybrid, and site-based clinical trials. This collaboration combined Clario’s eCOA technology with Cogstate’s expertise in neurodegenerative diseases to enhance data capture and signal detection for cognitive endpoints. The partnership expanded their previous collaboration, streamlining cognitive and clinical assessments. This development benefited Cogstate by strengthening its position in the neuroscience research field and enhancing its digital assessment capabilities
  • In July 2024, Pearson introduced the WAIS-5 on the Q-interactive platform, highlighting its user-friendly features and automated scoring to enhance the assessment experience. This release benefited clinicians by saving time and improving accuracy in cognitive assessments. The updates reflected Pearson's commitment to innovation based on customer feedback, ensuring that professionals received the best tools for their work

Regional Analysis

Geographically, the countries covered in the Asia-Pacific Cognitive Assessment and Training market report are China, Japan, India, South Korea, Australia, Indonesia, Thailand, Malaysia, Singapore, Philippines, Taiwan, Vietnam, and Rest of Asia-Pacific.

As per Data Bridge Market Research analysis:

China is expected to be the dominant and fastest growing region in the Asia-Pacific cognitive assessment and training market

China is expected to be the dominant and fastest growing region in the Asia-Pacific cognitive assessment and training market due to its large population, increasing awareness of cognitive health, and rapid technological advancements in healthcare.

For more detailed information about Asia-Pacific cognitive assessment and training market report, click here – https://www.databridgemarketresearch.com/de/reports/asia-pacific-cognitive-assessment-and-training-market


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