Market Research Logo

Natural Language Processing (NLP) in Healthcare and Life Sciences Market by Component (Technology and Services), Type (Rule-based, Statistical and Hybrid), Application, Deployment Mode (Cloud and On Premise) and Region - Global Forecast to 2021

Natural Language Processing (NLP) in Healthcare and Life Sciences Market by Component (Technology and Services), Type (Rule-based, Statistical and Hybrid), Application, Deployment Mode (Cloud and On Premise) and Region - Global Forecast to 2021

“Surge in clinical data, use of connected devices, and evolving consumer needs is expected to drive the growth in the market”
MarketsandMarkets forecasts the global Natural Language Processing (NLP) in healthcare and life sciences market to grow from USD 1.03 billion in 2016 to USD 2.65 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 20.8%. The market is growing rapidly because of the huge surge in clinical data, increasing use of connected devices, and evolving consumer needs. Limited access to clinical data and lack of institutional commitment are restraining the growth of the NLP market in healthcare and life sciences industry.

“Pattern and image recognition is expected to grow at a higher CAGR”
The NLP in healthcare and life sciences market by technology consists of Interactive Voice Response (IVR), Optical Character Recognition (OCR), pattern and image recognition, auto coding, classification & categorization, text analytics, and speech analytics. Pattern and image recognition is expected to witness the highest CAGR. The technology is helpful in detecting images, pattern analysis, and gesture recognition. In the healthcare industry, it is used to interpret numerical data, such as blood test results. This technique is also used in processing non-numeric data, such as patient history.

“Cloud deployment mode is expected to have the largest market share”
The NLP in healthcare and life sciences market has been segmented by deployment mode into cloud and on-premise deployment mode. Both, on-premise and cloud-based solutions depend upon an organization’s requirements. The cloud-based deployment mode is gaining high traction in the market majorly due to its numerous advantages over the on-premise mode such as the high scalability, cost-effectiveness, simplified access, and ease of use.

Breakup of Primary Interviews:
By Company type – Tier 1- 30%, Tier 2- 40%, Tier 3- 30%
By Designation – C-Level- 72%, Director Level- 14% Others- 14%
By Region – North America- 57%, Europe- 14%, APAC- 29%
The report includes the study of key players offering NLP in healthcare and life sciences market: 3M (Minnesota), Cerner Corporation (Missouri), IBM Corporation (New York), Microsoft Corporation (Washington), Nuance Communications (Massachusetts), M*Modal (Tennessee), Health Fidelity (California), Dolbey Systems (Ohio), Linguamatics (Cambridge), and Apixio (San Mateo). Furthermore, the report also includes in-depth competitive analysis of the key players in the NLP in healthcare and life sciences market, with their company profiles, recent developments, and key market strategies.

Research Coverage:
The overall NLP in healthcare and life sciences market has been segmented by component (technology and service), type, application, deployment mode, and region. The market by technology is segmented into IVR, OCR, pattern & image recognition, auto coding, classification & categorization, text analytics, and speech analytics. The services have been segmented into professional services and support & maintenance services. The market by type includes rule-based NLP, statistical NLP, and hybrid NLP. Applications include predictive risk analytics, automated information extraction, report generation, machine translation, and others. The NLP solutions can be deployed in cloud or on-premise. The regional analysis includes the study of five regions namely North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America.

Reasons to buy the report
The report will help the market leaders or new entrants in this market in the following ways:
1. This report segments the market into various subsegments, covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the subsegments.
2. This report will help in the better understanding of the competitors and gain more insights to better one’s position in the market. There is a separate section on competitive landscape, which includes competitor ecosystem, mergers & acquisitions, integrations & expansions, and collaborations of various market vendors. Besides, there are company profiles of ten players of this market.
3. The report also helps in understanding the overall growth of the market. It provides information on key market drivers, restraints, challenges, and opportunities."


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
  • EXECUTIVE SUMMARY
    • Table NATURAL LANGUAGE PROCESSING MARKET SIZE AND GROWTH RATE, 2016-2021 (USD MILLION, YOY %)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE NATURAL LANGUAGE PROCESSING (NLP) MARKET SIZE
    • NATURAL LANGUAGE PROCESSING MARKET, BY DEPLOYMENT TYPE
    • NATURAL LANGUAGE PROCESSING MARKET SHARE OF TYPES AND VERTICALS
    • NATURAL LANGUAGE PROCESSING LIFECYCLE ANALYSIS, BY REGION, 2016-2021
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY SOLUTION TYPE
      • BY TECHNOLOGY
      • BY SERVICE
      • BY DEPLOYMENT MODEL
      • BY APPLICATION TYPE
      • BY VERTICAL
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
        • Table DRIVERS: IMPACT ANALYSIS
      • RESTRAINTS
        • Table RESTRAINTS: IMPACT ANALYSIS
      • OPPORTUNITIES
        • Table OPPORTUNITIES: IMPACT ANALYSIS
      • CHALLENGES
        • Table CHALLENGES: IMPACT ANALYSIS
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • ECOSYSTEM
    • PORTER'S FIVE FORCES ANALYSIS
  • NATURAL LANGUAGE PROCESSING MARKET ANALYSIS, BY TYPE
    • INTRODUCTION
      • Table NATURAL LANGUAGE PROCESSING MARKET SIZE, BY TYPE, 2014-2021
    • RULE-BASED NATURAL LANGUAGE PROCESSING
      • Table RULE-BASED: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table RULE-BASED: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
    • STATISTICAL NATURAL LANGUAGE PROCESSING
      • Table STATISTICAL: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table STATISTICAL: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
    • HYBRID NATURAL LANGUAGE PROCESSING
      • Table HYBRID: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table HYBRID: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
  • NATURAL LANGUAGE PROCESSING MARKET ANALYSIS, BY TECHNOLOGY
    • INTRODUCTION
      • Table NATURAL LANGUAGE PROCESSING MARKET SIZE, BY TECHNOLOGY, 2014-2021 (USD MILLION)
    • INTERACTIVE VOICE RESPONSE (IVR)
      • Table INTERACTIVE VOICE RECOGNITION: NATURAL LANGUAGE PROCESSING MARKET SIZE, DEPLOYMENT MODEL, 2014-2021 (USD MILLION)
    • OPTICAL CHARACTER RECOGNITION (OCR)
      • Table OPTICAL CHARACTER RECOGNITION: NATURAL LANGUAGE PROCESSING MARKET SIZE, DEPLOYMENT MODEL, 2014-2021 (USD MILLION)
    • PATTERN AND IMAGE RECOGNITION
      • Table PATTERN RECOGNITION: NATTURAL LANGUAGE PROCESSING MARKET SIZE, DEPLOYMENT MODEL, 2014-2021 (USD MILLION)
    • AUTOCODING
      • Table AUTOCODING: NATURAL LANGUAGE PROCESSING MARKET SIZE, DEPLOYMENT MODEL, 2016-2021 (USD MILLION)
    • CLASSSIFICATION AND CATEGORIZATION
      • Table CLASSIFICATION AND CATEGORIZATION: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY DEPLOYMENT MODEL, 2014-2021 (USD MILLION)
    • TEXT ANALYTICS
      • Table TEXT ANALYTICS: NATURAL LANGUAGE PROCESSING MARKET SIZE, DEPLOYMENT MODEL, 2014-2021 (USD MILLION)
    • SPEECH ANALYTICS
      • Table SPEECH ANALYTICS: NATURAL LANGUAGE PROCESSING MARKET SIZE, DEPLOYMENT MODEL, 2014-2021 (USD MILLION)
  • NATURAL LANGUAGE PROCESSING MARKET ANALYSIS, BY SERVICES
    • INTRODUCTION
      • Table NATURAL LANGUAGE PROCESSING MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
    • PROFESSIONAL SERVICES
      • Table NATURAL LANGUAGE PROCESSING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • Table PROFESSIONAL SERVICES: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • SUPPORT AND MAINTENANCE SERVICES
      • Table SUPPORT AND MAINTENANCE SERVICE: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • Table SUPPORT AND MAINTENANCE:: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • NATURAL LANGUAGE PROCESSING MARKET, BY DEPLOYMENT MODEL
    • INTRODUCTION
      • Table NATURAL LANGUAGE PROCESSING MARKET SIZE, BY DEPLOYMENT MODEL, 2014-2021 (USD MILLION)
    • ON-PREMISE
      • Table ON-PREMISE: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ON-DEMAND
      • Table ON-DEMAND: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • NATURAL LANGUAGE PROCESSING MARKET ANALYSIS, BY APPLICATION
    • INTRODUCTION
      • Table NATURAL LANGUAGE PROCESSING MARKET SIZE, BY APPLICATION TYPE, 2014-2021 (USD MILLION)
    • MACHINE TRANSLATION
      • Table MACHINE TRANSLATION: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • INFORMATION EXTRACTION
      • Table INFORMATION EXTRACTION: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2016-2021 (USD MILLION)
    • REPORT GENERATION
      • Table REPORT GENERATION: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • QUESTION ANSWERING
      • Table QUESTION ANSWERING: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • TEXT PROCESSING
      • Table TEXT PROCESSING: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • NATURAL LANGUAGE PROCESSING MARKET ANALYSIS, BY INDUSTRY VERTICALS
    • INTRODUCTION
      • Table NATURAL LANGUAGE PROCESSING MARKET SIZE, BY INDUSTRY APPLICATION, 2014-2021 (USD MILLION)
    • BFSI
      • Table BFSI: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table BFSI: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2016-2021 (USD MILLION)
    • AUTOMOTIVE
      • Table AUTOMOTIVE: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table AUTOMOTIVE: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • HEALTHCARE AND LIFE SCIENCES
      • Table HEALTHCARE AND LIFESCIENCES: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table HEALTHCARE AND LIFESCIENCES: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • RETAIL AND CONSUMER GOODS
      • Table RETAIL AND CONSUMER GOODS: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table RETAIL AND CONSUMER GOODS: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • RESEARCH AND EDUCATION
      • Table RESEARCH AND EDUCATION: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table RESEARCH AND EDUCATION: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY APPLICATION, 2016-2021 (USD MILLION)
    • HIGH-TECH AND ELECTRONICS
      • Table HIGH-TECH AND ELECTRONICS: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2016-2021 (USD MILLION)
      • Table HIGH-TECH AND ELECTRONICS: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • MEDIA AND ENTERTAINMENT
      • Table MEDIA AND ENTERTAINMENT: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table MEDIA AND ENTERTAINMENT: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • GOVERNMENT
      • Table GOVERMENT: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2016-2021 (USD MILLION)
      • Table GOVERNMENT: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table OTHERS: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table NATURAL LANGUAGE PROCESSING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY TYPE, 2014-2021, (USD MILLION)
      • Table NORTH AMERICA: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
    • EUROPE
      • Table EUROPE: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY TYPE, 2016-2021 (USD MILLION)
      • Table EUROPE: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY VERTICAL, 2016-2021 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC :NATURAL LANGUAGE PROCESSING MARKET SIZE, BY TYPE, 2016-2021 (USD MILLION)
      • Table ASIA-PACIFIC: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY VERTICAL, 2016-2021 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY TYPE, 2016-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: NATURAL LANGUAGE PROCESSING MARKET SIZE, BY VERTICAL, 2016-2021 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA :NATURAL LANGUAGE PROCESSING MARKET SIZE BY TYPE, 2016-2021 (USD MILLION)
      • Table LATIN AMERICA :NATURAL LANGUAGE PROCESSING MARKET SIZE BY VERTICAL, 2016-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATIONS AND TRENDS
    • COMPETITIVE SITUATION & TRENDS
      • AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS
        • Table AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS, 2011-2013
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2012-2015
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2013-2016
  • COMPANY PROFILES
    • INTRODUCTION
      • 3M
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • APPLE INCORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • DOLBEY SYSTEMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GOOGLE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HEWLETT-PACKARD ENTERPRISE COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INTERNATIONAL BUSINESS MACHINE CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MICROSOFT CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • NETBASE SOLUTIONS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SAS INSTITUITE, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • VERINT SYSTEM
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • KEY INNOVATORS
  • APPENDIX
    • OTHER DEVELOPMENTS
      • MERGERS AND ACQUISITIONS
        • Table OTHER DEVELOPMENTS: MERGERS AND ACQUISITIONS, 2008-2012
      • NEW PRODUCT LAUNCHES
        • Table OTHER DEVELOPMENTS: NEW PRODUCT LAUNCHES, 2011-2014
    • INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • INTRODUCTION RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report