Brain Fitness Market Scope
Brain fitness is about having a fit and healthy brain that allows a human to perform best in all circumstances. Brain Fitness is having the brain-based cognitive, emotional, and self-regulation capacities required to succeed in one’s environment. The growing aging population across the globe and the rising incidences of neurological disorders are the key drivers propelling the growth of the market. Brain fitness has several benefits such as thinking faster, improving memory, sharper listening skills, eagle-eyed vision, quicker reaction time, and more effective than crosswords, among others.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Brain Fitness market throughout the predicted period.
AttenGo (United States), Nintendo (Japan), CogniFit (United States), NEEURO (Singapore), BrainTrain (United States), SMARTfit (United States), Applied Cognitive Engineering (United States), Lumos Labs (United States), Total Brain Health (United States), Advanced Brain Technologies (United States), Fountainhead Capital Management (United States) and Dakim BrainFitness (United States are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are LearningRx (United States), The Brain Training Company (United Kingdom), Posit Science (United Kingdom), Memorado Gmbh (Germany) and Happy Neuron (United States).
Segmentation Overview
The study have segmented the market of Global Brain Fitness market by Type (Brain Training Software & Apps, Brain Training Games and Others), by Application (Consumers, Healthcare, K-12 Education, Military, Sports and Corporate) and Region with country level break-up.
On the basis of geography, the market of Brain Fitness has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Increased Demand from Education Sector
Market Growth Drivers:
The Growing Ageing Population across the Globe and The Rising Incidences of Neurological Disorders
Challenges:
Lack of Awareness among the People
Restraints:
Lack of Experimental Validation Regarding the Effectiveness and Efficacy of the Brain Fitness Therapy and Opposition to Clinical Acceptance
Opportunities:
For Soldiers of the Future, Brain Training May Be as Vital as Pushups
On 1 Oct 2019, Nintendo has brought its Brain Training IP to the Switch, 14 years after the launch of the first game. and On 8 Aug 2018, CogniFit, a global leader in the cognitive testing market, has developed a new online cognitive assessment battery designed to help evaluate relevant symptoms and cognitive consequences of insomnia. This digital battery is a professional tool made of clinical batteries and validated tasks. It aims at helping to detect the presence of symptoms and problems in the cognitive processes affected by insomnia.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.