Updated on 16 September 2013
The need to monitor cognitive functions is increaisng substantially owing to an increasing number of neurodegenrative issues across Asia Pacific
As per the estimates, currently, there are more than 36 million people living with dementia worldwide. Further, it is estimated that between 2010 and 2050, the average increase in dementia cases will be 16.5 million per year. Over the course of the next 40 years, 682 million people worldwide will live with dementia. Healthy cognitive function is not universal or a given; it can be affected by drugs, injury or disease. As such, the need to assess, monitor and improve cognitive function represents a growing market need.
Cogstate is an ASX-listed cognitive assessment and training company, focused on the development and commercialization of rapid, computerized tests of cognition (brain function). Cogstate is commercializing this revolutionary computerized technology across three key areas: general practice medicine; clinical trials; and sports.
In the primary care, or general practice, setting Cogstate's Cognigram product is a computerized tool which assesses and reports on cognition in patients, allowing physicians to identify and monitor over time subtle changes that could be indicative of the early stage of a neurodegenerative disease, such as Alzheimer's disease.
These tests were instrumental in assisting the work of the Australian Imaging, Biomarkers & Lifestyle Flagship Study of Ageing (AIBL) - the largest study of its kind in the world which is looking for biomarkers, cognitive characteristics, and other factors contributing to Alzheimer's disease. The AIBL study started in 2006 and involves more than 1000 people aged over 60 years.