Brain Resource Again Recognized As Leader in Brain
By Brian Marckx, CFA
SharpBrains, the leading independent research firm covering
the emerging field of brain training and brain health, again
recognized Brain Resource as one of the top five market leaders
in brain health. Along with CogState, Emotiv, Lumos Labs
and NeuroSky, SharpBrains (www.sharpbrains.com) named Brain
Resource as a pioneer and leader in brain health in its 211-page
Transforming Health with Digital Tools to Assess, Monitor and
Enhance Cognition Across the Lifespan: The Digital Brain Health
The report, which was released on Monday (12/4/12) and per
SharpBrains took about one-year to prepare, also points to Brain
Resource's MyBrainSolutions as one of the products that is
helping to transform brain health and, ultimately, health
overall. We cover Brain Resource (OTC Markets:
) / (ASX:BRC.AX) with an Outperform rating and have a $3.50 price
target on the ADRs.
for our full 19 page report on the company.
The SharpBrains report also includes growth estimates of the
brain health market, noting that the digital brain health
marketplace has already experienced rapid growth since 2005 and
this rate is expected to continue for at least the next 8
years. SharpBrains estimates that this market was worth
about $1 billion in 2012, up from just $210 million in
2005. By the year 2020 they peg this market to grow to as
much as $6 billion (25% CAGR from 2005), driven in part by brain
health solutions becoming mainstream, not only with healthcare
providers but also among individual consumers.
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