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The Global Natural Language Processing (NLP) in Healthcare and Life Sciences market is expected to reach $4.20 billion by 2026 growing at a CAGR of 18.7% during 2018 to 2026. Natural language processing for healthcare and life sciences is a field of computer science, artificial intelligence, and computational linguistics which gives computers the ability to understand human speech as it is spoken. It enables clinical and research medical community to create, manage and use a wide variety of semi-structured and unstructured textual documents. Applications of NLP for healthcare and life sciences include processing of enormous amounts of data by utilizing high-end NLP technologies for information extraction, automatic speech recognition, machine translation, and dialogue systems. Factors such as growing demand for improving electronic health record (EHR) data usability to enhance patient care, rising urge of predictive analytics to reduce risks and improve significant health concerns, and increased usage of connected devices are fuelling the market growth. However, specific medical sub-languages and poor input data quality is hampering the market. In addition, rising demand for NLP systems programmed to understand the context of medical records is one of the opportunities for the market. By deployment mode, cloud segment is anticipated to grow at the significant rate during the forecast period, due to benefits, such as easy maintenance of generated data, cost-effectiveness, agility, flexibility, scalability, and effective management of these solutions. Most vendors in the NLP in healthcare and life sciences market offer cloud-based NLP solutions to maximize profits and automate the equipment maintenance process, effectively. Companies prefer to adopt cloud-based NLP solutions, as these support their regional, cross-regional, or cross-country data recovery strategies. This enables organizations to ensure resilience in case of disasters. The key vendors mentioned are Microsoft Corporation, Google, 3M, Hewlett Packard Enterprise Company, Nuance Communications, Inc., Cerner Corporation, Dolbey Systems, Inc., Wave Length Technologies, Apixio, IBM Corporation, AWS, Health Fidelity, Inc., MModal IP PLC, Linguamatics, Apple, A3logics, AlchemyAPI, Fluxifi, Aylien, SAS Institute, and Verint Systems. NLP Types Covered: • Hybrid NLP • Rule-based NLP • Statistical NLP • Learned NLP Components Covered: • Services • Standalone Solutions Solutions Covered: • Counter Fraud Management • Risk Adjustment • Clinical Variation Management • Denials • Population Health Management Technologies Covered: • Cognitive Analytics • Text Mining • Speech Recognition • Imaging Analytics • Advanced Text Analytics Organization Sizes Covered: • Small and Medium-sized Enterprises (SMEs) • Large Enterprises Deployment Modes Covered: • On-premises • Cloud Applications Covered: • Auto Coding • Classification and Categorization • Interactive Voice Response (IVR) • Pattern and Image Recognition • Predictive Risk Analytics • Automated Information Extraction • Report Generation • Machine Translation • Spelling Correction • Question Answering • Email Filtering • Electronic Health Records (EHR) • Clinician Document • Computer-Assisted Coding (CAC) • Automatic Summarization End Users Covered: • NLP for Patients • NLP for Clinical Operators • NLP for Physicians • NLP for Researchers Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2016 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analysed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By NLP Type
5.1 Introduction
5.2 Hybrid NLP
5.3 Rule-based NLP
5.4 Statistical NLP
5.5 Learned NLP
6 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By Component
6.1 Introduction
6.2 Services
6.3 Standalone Solutions
7 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By Solution
7.1 Introduction
7.2 Counter Fraud Management
7.3 Risk Adjustment
7.4 Clinical Variation Management
7.5 Denials
7.6 Population Health Management
8 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By Technology
8.1 Introduction
8.2 Cognitive Analytics
8.3 Text Mining
8.4 Speech Recognition
8.5 Imaging Analytics
8.6 Advanced Text Analytics
9 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By Organization Size
9.1 Introduction
9.2 Small and Medium-sized Enterprises (SMEs)
9.3 Large Enterprises
10 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By Deployment Mode
10.1 Introduction
10.2 On-premises
10.3 Cloud
11 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By Application
11.1 Introduction
11.2 Auto Coding
11.3 Classification and Categorization
11.4 Interactive Voice Response (IVR)
11.5 Pattern and Image Recognition
11.6 Predictive Risk Analytics
11.7 Automated Information Extraction
11.8 Report Generation
11.9 Machine Translation
11.10 Spelling Correction
11.11 Question Answering
11.12 Email Filtering
11.13 Electronic Health Records (EHR)
11.14 Clinician Document
11.15 Computer-Assisted Coding (CAC)
11.16 Automatic Summarization
12 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By End User
12.1 Introduction
12.2 NLP for Patients
12.3 NLP for Clinical Operators
12.4 NLP for Physicians
12.5 NLP for Researchers
13 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By Geography
13.1 Introduction
13.2 North America
13.3 Europe
13.4 Asia Pacific
13.5 South America
13.6 Middle East & Africa
14 Strategic Benchmarking
15 Vendors Landscape
15.1 Microsoft Corporation
15.2 Google
15.3 3M
15.4 Hewlett Packard Enterprise Company
15.5 Nuance Communications, Inc.
15.6 Cerner Corporation
15.7 Dolbey Systems, Inc.
15.8 Wave Length Technologies
15.9 Apixio
15.10 IBM Corporation
15.11 AWS
15.12 Health Fidelity, Inc.
15.13 MModal IP PLC
15.14 Linguamatics
15.15 Apple
15.16 A3logics
15.17 AlchemyAPI
15.18 Fluxifi
15.19 Aylien
15.20 SAS Institute
15.21 Verint Systems
List of Data Tables
Table 1 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By NLP Type (2016-2026) ($MN)
Table 3 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Hybrid NLP (2016-2026) ($MN)
Table 4 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Rule-based NLP (2016-2026) ($MN)
Table 5 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Statistical NLP (2016-2026) ($MN)
Table 6 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Learned NLP (2016-2026) ($MN)
Table 7 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Component (2016-2026) ($MN)
Table 8 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Services (2016-2026) ($MN)
Table 9 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Standalone Solutions (2016-2026) ($MN)
Table 10 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Solution (2016-2026) ($MN)
Table 11 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Counter Fraud Management (2016-2026) ($MN)
Table 12 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Risk Adjustment (2016-2026) ($MN)
Table 13 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Clinical Variation Management (2016-2026) ($MN)
Table 14 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Denials (2016-2026) ($MN)
Table 15 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Population Health Management (2016-2026) ($MN)
Table 16 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Technology (2016-2026) ($MN)
Table 17 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Cognitive Analytics (2016-2026) ($MN)
Table 18 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Text Mining (2016-2026) ($MN)
Table 19 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Speech Recognition (2016-2026) ($MN)
Table 20 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Imaging Analytics (2016-2026) ($MN)
Table 21 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Advanced Text Analytics (2016-2026) ($MN)
Table 22 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Organization Size (2016-2026) ($MN)
Table 23 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Small and Medium-sized Enterprises (SMEs) (2016-2026) ($MN)
Table 24 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Large Enterprises (2016-2026) ($MN)
Table 25 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Deployment Mode (2016-2026) ($MN)
Table 26 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By On-premises (2016-2026) ($MN)
Table 27 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Cloud (2016-2026) ($MN)
Table 28 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Application (2016-2026) ($MN)
Table 29 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Auto Coding (2016-2026) ($MN)
Table 30 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Classification and Categorization (2016-2026) ($MN)
Table 31 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Interactive Voice Response (IVR) (2016-2026) ($MN)
Table 32 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Pattern and Image Recognition (2016-2026) ($MN)
Table 33 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Predictive Risk Analytics (2016-2026) ($MN)
Table 34 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Automated Information Extraction (2016-2026) ($MN)
Table 35 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Report Generation (2016-2026) ($MN)
Table 36 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Machine Translation (2016-2026) ($MN)
Table 37 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Spelling Correction (2016-2026) ($MN)
Table 38 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Question Answering (2016-2026) ($MN)
Table 39 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Email Filtering (2016-2026) ($MN)
Table 40 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Electronic Health Records (EHR) (2016-2026) ($MN)
Table 41 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Clinician Document (2016-2026) ($MN)
Table 42 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Computer-Assisted Coding (CAC) (2016-2026) ($MN)
Table 43 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Automatic Summarization (2016-2026) ($MN)
Table 44 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By End User (2016-2026) ($MN)
Table 45 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By NLP for Patients (2016-2026) ($MN)
Table 46 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By NLP for Clinical Operators (2016-2026) ($MN)
Table 47 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By NLP for Physicians (2016-2026) ($MN)
Table 48 Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By NLP for Researchers (2016-2026) ($MN)
Table 49 North America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By NLP Type (2016-2026) ($MN)
Table 50 North America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Component (2016-2026) ($MN)
Table 51 North America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Solution (2016-2026) ($MN)
Table 52 North America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Technology (2016-2026) ($MN)
Table 53 North America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Organization Size (2016-2026) ($MN)
Table 54 North America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Deployment Mode (2016-2026) ($MN)
Table 55 North America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Application (2016-2026) ($MN)
Table 56 North America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By End User (2016-2026) ($MN)
Table 57 Europe Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By NLP Type (2016-2026) ($MN)
Table 58 Europe Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Component (2016-2026) ($MN)
Table 59 Europe Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Solution (2016-2026) ($MN)
Table 60 Europe Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Technology (2016-2026) ($MN)
Table 61 Europe Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Organization Size (2016-2026) ($MN)
Table 62 Europe Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Deployment Mode (2016-2026) ($MN)
Table 63 Europe Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Application (2016-2026) ($MN)
Table 64 Europe Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By End User (2016-2026) ($MN)
Table 65 Asia Pacific Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By NLP Type (2016-2026) ($MN)
Table 66 Asia Pacific Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Component (2016-2026) ($MN)
Table 67 Asia Pacific Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Solution (2016-2026) ($MN)
Table 68 Asia Pacific Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Technology (2016-2026) ($MN)
Table 69 Asia Pacific Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Organization Size (2016-2026) ($MN)
Table 70 Asia Pacific Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Deployment Mode (2016-2026) ($MN)
Table 71 Asia Pacific Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Application (2016-2026) ($MN)
Table 72 Asia Pacific Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By End User (2016-2026) ($MN)
Table 73 South America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By NLP Type (2016-2026) ($MN)
Table 74 South America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Component (2016-2026) ($MN)
Table 75 South America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Solution (2016-2026) ($MN)
Table 76 South America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Technology (2016-2026) ($MN)
Table 77 South America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Organization Size (2016-2026) ($MN)
Table 78 South America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Deployment Mode (2016-2026) ($MN)
Table 79 South America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Application (2016-2026) ($MN)
Table 80 South America Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By End User (2016-2026) ($MN)
Table 81 Middle East & Africa Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By NLP Type (2016-2026) ($MN)
Table 82 Middle East & Africa Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Component (2016-2026) ($MN)
Table 83 Middle East & Africa Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Solution (2016-2026) ($MN)
Table 84 Middle East & Africa Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Technology (2016-2026) ($MN)
Table 85 Middle East & Africa Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Organization Size (2016-2026) ($MN)
Table 86 Middle East & Africa Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Deployment Mode (2016-2026) ($MN)
Table 87 Middle East & Africa Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By Application (2016-2026) ($MN)
Table 88 Middle East & Africa Natural Language Processing (NLP) in Healthcare and Life Sciences Market Outlook, By End User (2016-2026) ($MN)