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Natural Language Processing in Healthcare and Life Sciences Market 2021 Growth, COVID Impact, Trends Analysis Report 2027

02-04-2021 01:19 PM CET | Health & Medicine

Press release from: Orion Market Reports

The global Natural Language Processing (NLP) in healthcare and life sciences market size to grow from USD 1.5 billion in 2020 to USD 3.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 20.5% during the forecast period. The major growth factors of the NLP in healthcare and life sciences market include the rising urge for predictive analytics to reduce risks and improve significant health concerns and growing demand for improving Electronic Health Record (EHR) data usability to enhance patient care.

A full report of Natural Language Processing (NLP) in Healthcare and Life Sciences Market is available at: https://www.orionmarketreports.com/natural-language-processing-nlp-in-healthcare-and-life-sciences-market/45997/

Key market players

Major vendors in the global NLP in healthcare and life sciences market include 3M (US), Cerner (US), Nuance (US), Health Fidelity (US), Dolbey (US), Microsoft (US), IBM (US), Google (US), AWS (US), Apixio (US), Averbis (Germany), Linguamatics (UK), Clinithink (Georgia), Wave Health Technologies (Georgia), Inovalon (US), and Lexalytics (US). These vendors have adopted various organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and mergers and acquisitions, to expand their presence in the global market.

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

By component, the NLP in healthcare and life sciences market

• Standalone Solutions
• Services

By NLP type, the NLP in healthcare and life sciences market

• Rule-based NLP
• Statistical NLP
• Hybrid NLP

By application

• Pattern and Image Recognition
• Auto Coding
• Classification and Categorization
• Text and Speech Analytics
• Others (Information Extraction and Report Generation)

By deployment mode

• Cloud
• On-premises

By organization size

• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)

By organization size

• NLP for Physicians
• NLP for Researchers
• NLP for Patients
• NLP for Clinical Operators

Reasons to Buying From us –

• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Natural Language Processing (NLP) in Healthcare and Life Sciences Market Report

• What was the Natural Language Processing (NLP) in Healthcare and Life Sciences Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Natural Language Processing (NLP) in Healthcare and Life Sciences Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Natural Language Processing (NLP) in Healthcare and Life Sciences Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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