Tuesday, February 19, 2008

Train Your Brain With a New $225m Market Based on Latest Brain Health and Fitness Research

A batch of recent news insurance on encephalon fitness and "brain training" reflects a growth involvement in natural, non-drug-based intercessions to maintain our encephalons crisp as we age. This involvement is very timely, given the ageing population, increasing Alzheimer's rates, and soaring wellness attention costs that topographic point more accent than ever on bar and changing lifestyle.

This past Tuesday, the Massachusetts Institute of Technology Baseball Club of Northern California, the American Society on Aging, and SmartSilvers sponsored an event on The Emerging Brain Fitness Software Market: Building Better Brains to research the worlds and myths of this growth field. Before the panel, I had the opportunity to show an overview of the state of the Brain Fitness Software Market.

Why are we talking about this field at all? Well, for one, an increasing figure of companies are achieving important commercial success in packaging "brain exercise". An illustration is the line of Nintendo games, such as as Brain Age and Brain Training, that have got shipped over 15 million units of measurement worldwide despite limited scientific support, since 2005. What is less seeable is that a figure of companies and men of science are partnering to convey merchandises to marketplace with a more than solid clinical validation. We gauge the United States marketplace was $225m in 2007 (growing from $100 in 2005). Whereas K12 Education used to be the major segment, grownup consumers are responsible for most of that growth: we gauge the consumer section grew from a few million in 2005 to $80 meter in 2007.

Who is buying these products? Yes, of course, many grownups over 50 who desire to protect their memory are among the pioneers. 78 million babe baby boomers are eager to seek new approaches. A growth figure of retirement communities and nursing places are offering programmes to their occupants to spread out their usual fitness and societal activities. And we can't bury about K12 education: certain encephalon fitness software system bundles have got got shown they can assist children who have dyslexia and related to difficulties.

Is there scientific discipline behind these claims? Bash these merchandises work? It depends on how we define "work". If "working" intends quantifiable short-term improvements after a figure of hebdomads of systematic "brain training" to better specific cognitive skills, then the reply is that a figure of programmes make look to work. If , on the other hand, "working" intends mensurable long-term benefits, such as as better overall encephalon wellness as we age, or less relative incidence of Alzheimer's symptoms, the reply is that circumstantial grounds proposes they may, but it is still too early to tell.

Are there any public policy implications? We certainly believe that there are. The Center for Disease Control recently partnered with the Alzheimer's Association to develop a comprehensive Cognitive Health route map to break usher research attempts and better public instruction on the life style wonts that every proud proprietor of a encephalon could profit from following. Given the high rates of traumatic encephalon hurts and emphasis upsets establish in a big figure of the work force and women coming place from the Republic Of Iraq war, the military is investing heavily in research to assist place jobs to develop tools to work out them, and we anticipate that research will interpret into wider wellness applications. No presidential candidate, to our knowledge, have directly addressed his or her precedences in the cognitive wellness kingdom but, given the growth importance and economical impact of brain-related disorders, we anticipate that to go on soon.

What are some tendencies that executive directors and investors should be looking at to understand this growth market? Let me do a few predictions:

1) An increased accent on Brain Maintenance, from retirement communities to gymnasiums and wellness clubs. Volition wellness baseball clubs 1 twenty-four hours offering encephalon fitness programs, and perhaps "brain coaches"? We believe so.

2) Better and more than widely available appraisals of cognitive mathematical function will enable of all us to set up an aim baseline of how our heads are evolving, place precedences for "workouts" and life style interventions, and assist us measurement progress. Science-fiction? Not really. there are already pretty good diagnostic tests used in clinical and medical environments, the challenge will be to polish and bundle those appraisals in a consumer-friendly way.

3) We will see more than than and better computer-based tools, each of which may be more appropriate to work on specific priorities. Just as we happen a assortment of machines in wellness baseball clubs today, in the hereafter we can anticipate different programmes tailored to develop specific cognitive skills.

4) More non-computer based tools will also supply much value. There is more than than and more research on how speculation and cognitive therapy, to advert 2 examples, can be very effectual in literally re-wiring parts of the brain.

5) Insurance Companies will present inducements for member who desire to follow encephalon fitness programs. Perhaps even companies will offer such as programmes to employees to pull and reserve mature workers who desire entree to the best and the up-to-the-minute inventions to maintain their heads sharp.

Now, this beingness a pretty new field, many inquiries stay open. For example, how will consumers and establishments have quality information and instruction to voyage through the emerging research and the overpowering figure of new programs, separating world from hype?

In summary, what were the chief take-aways from the event?

1. Research bespeaks that a figure of cognitive abilities (attention, memory...) can be assessed and trained

2. An emerging marketplace is starting to develop-growing from an estimated $100m in 2005 to $225m in 2007, in the United States alone-, and is poised to maintain growing at important rates.

3. Many companies are currently selling merchandises direct to consumers (as well as through institutions) with sometimes ill-defined claims - this endangers to mistake consumers and present a major obstruction to the growing and credibleness of the sector.

If you are interested in this rapidly growing field, delight stay tuned! There are absorbing research studies every month.

Copyright (c) 2008 SharpBrains

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