Natural Language Processing (NLP) in Healthcare and Life Sciences Market

 

Natural processing language processing (NLP) platform is used in the specific areas of healthcare and life sciences sector which includes clinical documentation, electrical health records, risk management. This platform helps both consumer and service provider to easy workflow. Rise in adoption of digital technology in healthcare industry and customer preference for better healthcare services is expected to boost the market growth over the forecast Period.

 

Market Drivers

 

Rise in data operations and use of smart devices is expected to propel the natural language processing (NLP) in healthcare and life sciences market growth. Healthcare and life sciences sector generates large amount of data that is driven by compliance and regulatory requirements, patient care, and record keeping. Increase in trend of digitalization and data driven solutions to improve healthcare delivery system is expected to fuel the market growth. Therefore, increase data driven operations and decision making is major driving factor which is expected to drive the market growth. Moreover, many physicians prefer voice notes instead of handwritten of typed ones. Therefore natural language processing platform can be used to easily interpret speech and update patient records.

 

Market Restraints

 

Natural language processing (NLP) platform implementation is a major challenge in healthcare and life sciences industry, which is expected to hinder the market growth during this forecast timeline. There are many countries across the globe where healthcare facilities have very little access for general population. Also, lack of healthcare expenditure will hamper the growth of global natural language processing in healthcare and life sciences market. 

 

Market Segmentation

 

 Natural Language Processing (NLP) in Healthcare and Life Sciences Market is segmented into type such as Statistical, Rule-Based, and Hybrid, by component such as Technology, and Services (Managed Services, Professional Services, Support & Maintenance Services, and Consulting Services), by deployment type such as Cloud, and On-Premises. Further, market is segmented into application such as Machine Translation, Question Answering, Automated Information Extraction, Email Filtering, Spelling Correction, and Predictive Risk Analytics.

 

Also, Natural Language Processing (NLP) in Healthcare and Life Sciences Market is segmented various regions including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

 

Market Key Players

 

Some of the key players operating in the  Natural Language Processing (NLP) in Healthcare and Life Sciences Market report including 3M, MICROSOFT, CERNER, DOLBEY, NUANCE, IBM, APIXIO, AVERBIS, AWS, GOOGLE

 

Market Taxonomy

 

  • By Type Statistical Rule-Based Hybrid
  • By Component Technology Services Managed Services Professional Services Support & Maintenance Services Consulting Services
  • By Deployment Type Cloud On-Premises
  • By application Machine Translation Question Answering Automated Information Extraction Email Filtering Spelling Correction Predictive Risk Analytics
  • By Region North America Latin America Europe Asia Pacific Middle East & Africa

 

Key Questions Addressed by the Report

 

  • What are the Key Opportunities in Natural Language Processing (NLP) in Healthcare and Life Sciences Market?
  • What will be the growth rate from 2019 to 2030? Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market? What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain? What are the strategies adopted by key players?

 

Natural Language Processing (NLP) in Healthcare and Life Sciences Market TOC

 

1 Introduction

1.1 Objective of the Study

1.2 Market definition

1.3 Market Scope

 

2 Research Methodology

2.1 Data Mining

2.2 Validation

2.3 Primary Interviews

2.4 List of Data Sources

 

3 Executive Summary

 

4 Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook

4.1 Overview

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.3 Porters Five Force Model

4.4 Value Chain Analysis

 

5 Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By Type 5.1 Y-o-Y Growth Comparison, By Type

5.2 Natural Language Processing (NLP) in Healthcare and Life Sciences Market Share Analysis, By Type

5.3 Natural Language Processing (NLP) in Healthcare and Life Sciences Market Size and Forecast, By Type

5.3.1 Statistical 5.3.2 Rule-Based

5.3.3 Hybrid

 

6 Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By Component 6.1 Y-o-Y Growth Comparison, By Component

6.2 Natural Language Processing (NLP) in Healthcare and Life Sciences Market Share Analysis, By Component

6.3 Natural Language Processing (NLP) in Healthcare and Life Sciences Market Size and Forecast, By Component 6.3.1 Technology 6.3.2 Services

6.3.2.1 Managed Services

6.3.2.2 Professional Services

6.3.2.3 Support & Maintenance Services

6.3.2.4 Consulting Services

 

7 Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By Deployment Type

7.1 Y-o-Y Growth Comparison, By Deployment Type

7.2 Natural Language Processing (NLP) in Healthcare and Life Sciences Market Share Analysis, By Deployment Type

7.3 Natural Language Processing (NLP) in Healthcare and Life Sciences Market Size and Forecast, By Deployment Type

7.3.1 Cloud 7.3.2 On-Premise

 

8 Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By Application

8.1 Y-o-Y Growth Comparison, By Application

8.2 Natural Language Processing (NLP) in Healthcare and Life Sciences Market Share Analysis, By Application

8.3 Natural Language Processing (NLP) in Healthcare and Life Sciences Market Size and Forecast, By Application

8.3.1 Machine Translation

8.3.2 Question Answering 8.3.3 Automated Information Extraction

8.3.4 Email Filtering

8.3.5 Spelling Correction

8.3.6 Predictive Risk Analytics

 

9.Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By Region

9.1 Natural Language Processing (NLP) in Healthcare and Life Sciences Market Share Analysis, By Region

9.2 Natural Language Processing (NLP) in Healthcare and Life Sciences Market Share Analysis, By Region

9.3 Natural Language Processing (NLP) in Healthcare and Life Sciences Market Size and Forecast, By Region

 

10 North America Natural Language Processing (NLP) in Healthcare and Life Sciences Analysis and Forecast (2020 – 2030)

10.1 Introduction

10.2 North America Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Share Analysis, By Type

10.3 North America Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Component

10.4 North America Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Deployment Type

10.5 North America Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Application

10.6 North America Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Country

10.6.1 U.S. 10.6.2 Canada 10.6.3 Mexico

 

11Europe Natural Language Processing (NLP) in Healthcare and Life Sciences Market Analysis and Forecast (2020 – 2030)

11.1 Introduction

11.2 Europe Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Share Analysis, By Type

11.3 Europe Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Component

11.4 Europe Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Deployment Type

11.5 Europe Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Application

11.6 Europe Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Country

11.6.1 Germany

11.6.2 France

11.6.3 UK

11.64. Rest of Europe

 

12.Asia Pacific Natural Language Processing (NLP) in Healthcare and Life Sciences Market Analysis and Forecast (2020 – 2030)

12.1 Introduction

12.2 Asia Pacific Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Share Analysis, By Type

12.3 Asia Pacific Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Component 

12.4 Asia Pacific Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Deployment Type

12.5 Asia Pacific Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Application

12.6 Asia Pacific Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Country

12.6.1 China

 12.6.2 Japan

12.6.3 India

12.6.4. Rest of Asia Pacific

 

13.Latin America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Analysis and Forecast (2020 – 2030)

13.1 Introduction

13.2 Latin America Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Share Analysis, By Type

13.3 Latin America Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Component

13.4 Latin America Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Deployment Type

13.5 Latin America Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Application

13.6 Latin America Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Country

 

14.Middle East Natural Language Processing (NLP) in Healthcare and Life Sciences Market Analysis and Forecast (2020 – 2030)

14.1 Introduction

14.2 Middle East Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Share Analysis, By Type

14.3 Middle East Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Component

14.4 Middle East Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Deployment Type

14.5 Middle East Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Application

14.6 Middle East Natural Language Processing (NLP) in Healthcare and Life Sciences Product Market Size and Forecast, By Country

 

15Competitive Analysis

15.1 Competition Dashboard

15.2 Market share Analysis of Top Vendors

15.3 Key Development Strategies

 

16Company Profiles

16.1  3M

16.1.1 Overview

16.1.2 Offerings

16.1.3 Key Financials

16.1.4 Business Segment & Geographic Overview

16.1.5 Key Market Developments

16.1.6 Key Strategies

16.2 MICROSOFT

16.2.1 Overview

16.2.2 Offerings

16.2.3 Key Financials

16.2.4 Business Segment & Geographic Overview

16.2.5 Key Market Developments

16.2.6 Key Strategies

16.3 CERNER

16.3.1 Overview

16.3.2 Offerings

16.3.3 Key Financials

16.3.4 Business Segment & Geographic Overview

16.3.5 Key Market Developments

16.3.6 Key Strategies

16.4 DOLBEY

16.4.1 Overview

16.4.2 Offerings

16.4.3 Key Financials

16.4.4 Business Segment & Geographic Overview

16.4.5 Key Market Developments

16.4.6 Key Strategies

16.5 NUANCE

16.5.1 Overview

16.5.2 Offerings

16.5.3 Key Financials

16.5.4 Business Segment & Geographic Overview

16.5.5 Key Market Developments

16.5.6 Key Strategies

16.6 IBM

16.6.1 Overview

16.6.2 Offerings

16.6.3 Key Financials

16.6.4 Business Segment & Geographic Overview

16.6.5 Key Market Developments

16.6.6 Key Strategies

16.7 APIXIO

16.7.1 Overview

16.7.2 Offerings

16.7.3 Key Financials

16.7.4 Business Segment & Geographic Overview

16.7.5 Key Market Developments

16.7.6 Key Strategies

16.8 AVERBIS

16.8.1 Overview

16.8.2 Offerings

16.8.3 Key Financials

16.8.4 Business Segment & Geographic Overview

16.8.5 Key Market Developments

16.8.6 Key Strategies        

16.9 AWS

16.9.1 Overview

16.9.2 Offerings

16.9.3 Key Financials

16.9.4 Business Segment & Geographic Overview

16.9.5 Key Market Developments

16.9.6 Key Strategies        

16.10 GOOGLE

16.10.1 Overview

16.10.2 Offerings

16.10.3 Key Financials

16.10.4 Business Segment & Geographic Overview

16.10.5 Key Market Developments

16.10.6 Key Strategies