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Global NLP in Healthcare and Life Sciences Market by Component (Solutions and Services), NLP Type (Rule-based, Statistical, and Hybrid), Application (IVR, Predictive Risk Analytics), Deployment mode (Cloud, on premises), Organization Size (Large enterprises, medium and small enterprises), End User (NLP for Physician, NLP for Patients, NLP for Researchers, NLP for Clinical Operators), Regional Forecasts 2021-2027

  • BIZ4636265
  • 200 Pages
  • August 2021
  • Healthcare
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Global NLP in Healthcare and Life Sciences Market is valued approximately at USD 1.5 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 19% over the forecast period 2021-2027. Natural language processing for health and life sciences is an area that provides computers the capacity to interpret human speech, artificial intelligence, and computer linguistics as they communicate. It enables a range of semi-structured and unstructured textual documents to be created, managed and used for clinical and medical research. NLP applications for healthcare and life sciences cover huge data processing, using advanced IT technology, automated voice recognition, machine translation and dialogue systems. The market is driven by rising demand of predictive analytics technology and growing demand for improving EHR data usability. For instance, as per Statista, the predictive analytics technology market was over USD 6 billion in total revenue. Furthermore, by 2022, the annual revenues of the market are anticipated to reach about $11 billion as more and more organizations utilize predictive analysis techniques for everything from fraud detection to medical diagnostics. Also, increasing private players initiatives in the NLP in healthcare and life sciences boost the market growth in the forecasting years. For instance, Google collaborated with HCA Healthcare in May 2021, establishing a new data analysis platform which will utilize data from 32 million monthly conference with patients within the health system. However, specific medical sub-languages and poor input data quality may impede market growth over the forecast period of 2021-2027.

Geographically, North America is dominating the market owing to rapid developments in IT infrastructure across healthcare sectors, favorable approach of government laws, start-up financing, a well-established player presence and the willingness from companies to deploy solutions based on ML and NLP, the area has seen ideal conditions for the NLP growth in healthcare and life sciences.

Major market player included in this report are:

Wave Health Technologies

Caption Health

Oncora Medical

ForeSee Medical

CloudMedx

Google Inc.

Gnani.ai

IBM

IQVIA Company

Press Ganey

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Solution

Services

By Deployment mode:

Cloud

On-premises

By Organization size:

Large enterprises

Small and medium-sized enterprises

By NLP type:

Rule-based

Statistical

Hybrid

By Application:

IVR

Pattern and Image Recognition

Summarization and Categorization

Text and Speech Analytics

Predictive Risk Analytics

Reporting and Visualization

Other Applications

By End use:

NLP for Physician

NLP for Patients

NLP for Researchers

NLP for Clinical Operators

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global NLP in Healthcare and Life Sciences Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. NLP in Healthcare and Life Sciences Market, by Region, 2019-2027 (USD Billion)

1.2.2. NLP in Healthcare and Life Sciences Market, by Component, 2019-2027 (USD Billion)

1.2.3. NLP in Healthcare and Life Sciences Market, by Deployment Mode, 2019-2027 (USD Billion)

1.2.4. NLP in Healthcare and Life Sciences Market, by NLP type, 2019-2027 (USD Billion)

1.2.5. NLP in Healthcare and Life Sciences Market, by Organization size, 2019-2027 (USD Billion)

1.2.6. NLP in Healthcare and Life Sciences Market, by Application, 2019-2027 (USD Billion)

1.2.7. NLP in Healthcare and Life Sciences Market, by End use, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global NLP in Healthcare and Life Sciences Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global NLP in Healthcare and Life Sciences Market Dynamics

3.1. NLP in Healthcare and Life Sciences Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Rising demand for predictive analytics technology

3.1.1.2. Growing demand for improving EHR data usability

3.1.2. Market Restraint

3.1.2.1. Specific medical sub-languages and poor input data quality

3.1.2.2. Limited access to clinical data

3.1.3. Market Opportunities

3.1.3.1. Rising demand for NLP systems programmed to understand the context of medical records

3.1.3.2. Ensemble NLP systems to boost phenotyping capabilities

Chapter 4. Global NLP in Healthcare and Life Sciences Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global NLP in Healthcare and Life Sciences Market, by Component

5.1. Market Snapshot

5.2. Global NLP in Healthcare and Life Sciences Market by Component, Performance - Potential Analysis

5.3. Global NLP in Healthcare and Life Sciences Market Estimates & Forecasts by Component 2018-2027 (USD Billion)

5.4. NLP in Healthcare and Life Sciences Market , Sub Segment Analysis

5.4.1. Solution

5.4.2. Services

Chapter 6. Global NLP in Healthcare and Life Sciences Market, by Deployment mode

6.1. Market Snapshot

6.2. Global NLP in Healthcare and Life Sciences Market by Deployment mode , Performance - Potential Analysis

6.3. Global NLP in Healthcare and Life Sciences Market Estimates & Forecasts by Deployment mode 2018-2027 (USD Billion)

6.4. NLP in Healthcare and Life Sciences Market , Sub Segment Analysis

6.4.1. Cloud

6.4.2. On-premises

Chapter 7. Global NLP in Healthcare and Life Sciences Market, by Organization size

7.1. Market Snapshot

7.2. Global NLP in Healthcare and Life Sciences Market by Organization size , Performance - Potential Analysis

7.3. Global NLP in Healthcare and Life Sciences Market Estimates & Forecasts by Organization size 2018-2027 (USD Billion)

7.4. NLP in Healthcare and Life Sciences Market , Sub Segment Analysis

7.4.1. Large enterprises

7.4.2. Small and medium-sized enterprises

Chapter 8. Global NLP in Healthcare and Life Sciences Market, by NLP type

8.1. Market Snapshot

8.2. Global NLP in Healthcare and Life Sciences Market by NLP type , Performance - Potential Analysis

8.3. Global NLP in Healthcare and Life Sciences Market Estimates & Forecasts by NLP type 2018-2027 (USD Billion)

8.4. NLP in Healthcare and Life Sciences Market , Sub Segment Analysis

8.4.1. Rule-based

8.4.2. Statistical

8.4.3. Hybrid

Chapter 9. Global NLP in Healthcare and Life Sciences Market, by End use

9.1. Market Snapshot

9.2. Global NLP in Healthcare and Life Sciences Market by End Use, Performance - Potential Analysis

9.3. Global NLP in Healthcare and Life Sciences Market Estimates & Forecasts by End Use 2018-2027 (USD Billion)

9.4. NLP in Healthcare and Life Sciences Market , Sub Segment Analysis

9.4.1. NLP for Physician

9.4.2. NLP for Patients

9.4.3. NLP for Researchers

9.4.4. NLP for Clinical Operators

Chapter 10. Global NLP in Healthcare and Life Sciences Market, by Application

10.1. Market Snapshot

10.2. Global NLP in Healthcare and Life Sciences Market by Application, Performance - Potential Analysis

10.3. Global NLP in Healthcare and Life Sciences Market Estimates & Forecasts by Application 2018-2027 (USD Billion)

10.4. NLP in Healthcare and Life Sciences Market , Sub Segment Analysis

10.4.1. IVR

10.4.2. Pattern and Image Recognition

10.4.3. Summarization and Categorization

10.4.4. Text and Speech Analytics

10.4.5. Predictive Risk Analytics

10.4.6. Reporting and Visualization

10.4.7. Other Applications

Chapter 11. Global NLP in Healthcare and Life Sciences Market, Regional Analysis

11.1. NLP in Healthcare and Life Sciences Market , Regional Market Snapshot

11.2. North America NLP in Healthcare and Life Sciences Market

11.2.1. U.S. NLP in Healthcare and Life Sciences Market

11.2.1.1. Component breakdown estimates & forecasts, 2018-2027

11.2.1.2. Deployment mode breakdown estimates & forecasts, 2018-2027

11.2.1.3. Organizational size breakdown estimates & forecasts, 2018-2027

11.2.1.4. NLP type breakdown estimates & forecasts, 2018-2027

11.2.1.5. End use breakdown estimates & forecasts, 2018-2027

11.2.1.6. Application breakdown estimates & forecasts, 2018-2027

11.2.2. Canada NLP in Healthcare and Life Sciences Market

11.3. Europe NLP in Healthcare and Life Sciences Market Snapshot

11.3.1. U.K. NLP in Healthcare and Life Sciences Market

11.3.2. Germany NLP in Healthcare and Life Sciences Market

11.3.3. France NLP in Healthcare and Life Sciences Market

11.3.4. Spain NLP in Healthcare and Life Sciences Market

11.3.5. Italy NLP in Healthcare and Life Sciences Market

11.3.6. Rest of Europe NLP in Healthcare and Life Sciences Market

11.4. Asia-Pacific NLP in Healthcare and Life Sciences Market Snapshot

11.4.1. China NLP in Healthcare and Life Sciences Market

11.4.2. India NLP in Healthcare and Life Sciences Market

11.4.3. Japan NLP in Healthcare and Life Sciences Market

11.4.4. Australia NLP in Healthcare and Life Sciences Market

11.4.5. South Korea NLP in Healthcare and Life Sciences Market

11.4.6. Rest of Asia Pacific NLP in Healthcare and Life Sciences Market

11.5. Latin America NLP in Healthcare and Life Sciences Market Snapshot

11.5.1. Brazil NLP in Healthcare and Life Sciences Market

11.5.2. Mexico NLP in Healthcare and Life Sciences Market

11.6. Rest of The World NLP in Healthcare and Life Sciences Market

Chapter 12. Competitive Intelligence

12.1. Top Market Strategies

12.2. Company Profiles

12.2.1. Wave Health Technologies

12.2.1.1. Key Information

12.2.1.2. Overview

12.2.1.3. Financial (Subject to Data Availability)

12.2.1.4. Product Summary

12.2.1.5. Recent Developments

12.2.2. Caption Health

12.2.3. Oncora Medical

12.2.4. ForeSee Medical

12.2.5. CloudMedx

12.2.6. Google Inc.

12.2.7. Gnani.ai

12.2.8. IBM

12.2.9. IQVIA Company

12.2.10. Press Ganey

Chapter 13. Research Process

13.1. Research Process

13.1.1. Data Mining

13.1.2. Analysis

13.1.3. Market Estimation

13.1.4. Validation

13.1.5. Publishing

13.2. Research Attributes

13.3. Research Assumption

List of Tables

TABLE 1. Global NLP in Healthcare and Life Sciences Market, report scope

TABLE 2. Global NLP in Healthcare and Life Sciences Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 3. Global NLP in Healthcare and Life Sciences Market estimates & forecasts by Component 2018-2027 (USD Billion)

TABLE 4. Global NLP in Healthcare and Life Sciences Market estimates & forecasts by Deployment mode 2018-2027 (USD Billion)

TABLE 5. Global NLP in Healthcare and Life Sciences Market estimates & forecasts by Organisation size 2018-2027 (USD Billion)

TABLE 6. Global NLP in Healthcare and Life Sciences Market estimates & forecasts by NLP type 2018-2027 (USD Billion)

TABLE 7. Global NLP in Healthcare and Life Sciences Market estimates & forecasts by End Use 2018-2027 (USD Billion)

TABLE 8. Global NLP in Healthcare and Life Sciences Market estimates & forecasts by Application 2018-2027 (USD Billion)

TABLE 9. Global NLP in Healthcare and Life Sciences Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global NLP in Healthcare and Life Sciences Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global NLP in Healthcare and Life Sciences Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global NLP in Healthcare and Life Sciences Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global NLP in Healthcare and Life Sciences Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global NLP in Healthcare and Life Sciences Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global NLP in Healthcare and Life Sciences Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global NLP in Healthcare and Life Sciences Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global NLP in Healthcare and Life Sciences Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global NLP in Healthcare and Life Sciences Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global NLP in Healthcare and Life Sciences Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global NLP in Healthcare and Life Sciences Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. Global NLP in Healthcare and Life Sciences Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. Global NLP in Healthcare and Life Sciences Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. Global NLP in Healthcare and Life Sciences Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 24. Global NLP in Healthcare and Life Sciences Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 25. U.S. NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 26. U.S. NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. U.S. NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. Canada NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 29. Canada NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. Canada NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. UK NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 32. UK NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. UK NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. Germany NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 35. Germany NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. Germany NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. France NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 38. France NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. France NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. Spain NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 41. Spain NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. Spain NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. Italy NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 44. Italy NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. Italy NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. ROE NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 47. ROE NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. ROE NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. China NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 50. China NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. China NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. India NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 53. India NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. India NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. Japan NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 56. Japan NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 57. Japan NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 58. Australia NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 59. Australia NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 60. Australia NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 61. South Korea NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 62. South Korea NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 63. South KoreaNLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 64. ROPAC NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 65. ROPAC NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 66. ROPAC NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 67. Brazil NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 68. Brazil NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 69. Brazil NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 70. Mexico NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 71. Mexico NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 72. Mexico NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 73. ROLA NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 74. ROLA NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 75. ROLA NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 76. ROW NLP in Healthcare and Life Sciences Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 77. ROW NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 78. ROW NLP in Healthcare and Life Sciences Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 79. List of secondary sources used in the study of Global NLP in Healthcare and Life Sciences Market.

TABLE 80. List of primary sources used in the study of Global NLP in Healthcare and Life Sciences Market.

TABLE 81. Years considered for the study.

TABLE 82. Exchange rates considered.

 
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