Natural Language Processing (NLP) in Healthcare and Life Sciences: Global Strategic Business Report

Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market to Reach $6.6 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Natural Language Processing (NLP) in Healthcare and Life Sciences estimated at US$2.1 Billion in the year 2020, is projected to reach a revised size of US$6.6 Billion by 2027, growing at a CAGR of 18% over the analysis period 2020-2027. Solutions, one of the segments analyzed in the report, is projected to record 15.3% CAGR and reach US$3.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 21.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $560.9 Million, While China is Forecast to Grow at 23.4% CAGR

The Natural Language Processing (NLP) in Healthcare and Life Sciences market in the U.S. is estimated at US$560.9 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 22.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13% and 16% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.2% CAGR.

Select Competitors (Total 33 Featured) -

3M
Amazon Web Services Inc.
Apixio Inc.
Averbis
Cerner Corporation
Clinithink
Conversica Inc.
Dolby Systems Inc.
Google LLC
Health Fidelty Inc.
IBM
Inovalon
Lexlytics
Linguamantics
Microsoft
Narrative Science
Nuance Communications Inc.
Sparkcognition
Stats LLC
Wave Health Technologies

What's New for 2022?

Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

Frequently Asked Questions about the Global Market for Natural Language Processing (NLP) in Healthcare and Life Sciences

What is the estimated value of the Global Market for Natural Language Processing (NLP) in Healthcare and Life Sciences?

The Global Market for Natural Language Processing (NLP) in Healthcare and Life Sciences was estimated to be valued at $2.1 Billion in 2020.

What is the growth rate of the Global Market for Natural Language Processing (NLP) in Healthcare and Life Sciences?

The growth rate of the Global Market for Natural Language Processing (NLP) in Healthcare and Life Sciences is 17.8%, with an estimated value of $6.6 Billion by 2027.

What is the forecasted size of the Global Market for Natural Language Processing (NLP) in Healthcare and Life Sciences?

The Global Market for Natural Language Processing (NLP) in Healthcare and Life Sciences is estimated to be worth $6.6 Billion by 2027.

Who are the key companies in the Global Market for Natural Language Processing (NLP) in Healthcare and Life Sciences?

Key companies in the Global Market for Natural Language Processing (NLP) in Healthcare and Life Sciences include 3M, Amazon Web Services Inc., Apixio Inc., Averbis, Cerner Corporation, Clinithink, Conversica Inc., Dolby Systems Inc. and Health Fidelty Inc..

Report Attribute	Details
No. of Pages	89
Published	October 2022
Forecast Period	2020 - 2027
Estimated Market Value ( USD ) in 2020	$ 2.1 Billion
Forecasted Market Value ( USD ) by 2027	$ 6.6 Billion
Compound Annual Growth Rate	17.8%
Regions Covered	Global

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Impact of Covid-19 and a Looming Global Recession
Natural Language Processing (NLP) in Healthcare and Life Sciences - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Natural Language Processing (NLP) in Healthcare and Life Sciences by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Table 2: World 7-Year Perspective for Natural Language Processing (NLP) in Healthcare and Life Sciences by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2021 & 2027
Table 3: World Recent Past, Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Table 4: World 7-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2021 & 2027
Table 5: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Table 6: World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2021 & 2027
Table 7: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Table 8: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2021 & 2027
Table 9: World Recent Past, Current & Future Analysis for Text & Speech Analytics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Table 10: World 7-Year Perspective for Text & Speech Analytics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2021 & 2027
Table 11: World Recent Past, Current & Future Analysis for Interactive Voice Response by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Table 12: World 7-Year Perspective for Interactive Voice Response by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2021 & 2027
Table 13: World Recent Past, Current & Future Analysis for Pattern & Image Recognition by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Table 14: World 7-Year Perspective for Pattern & Image Recognition by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2021 & 2027
Table 15: World Recent Past, Current & Future Analysis for Auto Coding by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Table 16: World 7-Year Perspective for Auto Coding by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2021 & 2027
Table 17: World Recent Past, Current & Future Analysis for Classification & Categorization by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Table 18: World 7-Year Perspective for Classification & Categorization by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2021 & 2027
Table 19: World Recent Past, Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Table 20: World 7-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2021 & 2027
Table 21: World Recent Past, Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Table 22: World 7-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2021 & 2027
Table 23: World Natural Language Processing (NLP) in Healthcare and Life Sciences Market Analysis of Annual Sales in US$ Thousand for Years 2012 through 2027

III. MARKET ANALYSIS

UNITED STATES

Natural Language Processing (NLP) in Healthcare and Life Sciences Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)

CANADA

JAPAN

Natural Language Processing (NLP) in Healthcare and Life Sciences Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)

CHINA

Natural Language Processing (NLP) in Healthcare and Life Sciences Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)

EUROPE

Natural Language Processing (NLP) in Healthcare and Life Sciences Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)

FRANCE

Natural Language Processing (NLP) in Healthcare and Life Sciences Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)

GERMANY

Natural Language Processing (NLP) in Healthcare and Life Sciences Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)

ITALY

UNITED KINGDOM

Natural Language Processing (NLP) in Healthcare and Life Sciences Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)

SPAINRUSSIAREST OF EUROPE

ASIA-PACIFIC

Natural Language Processing (NLP) in Healthcare and Life Sciences Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)

AUSTRALIA

Natural Language Processing (NLP) in Healthcare and Life Sciences Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)

INDIA

Natural Language Processing (NLP) in Healthcare and Life Sciences Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)

SOUTH KOREAREST OF ASIA-PACIFIC

LATIN AMERICA

Natural Language Processing (NLP) in Healthcare and Life Sciences Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)

ARGENTINABRAZILMEXICOREST OF LATIN AMERICA

MIDDLE EAST

Natural Language Processing (NLP) in Healthcare and Life Sciences Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)

IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST

AFRICA

Natural Language Processing (NLP) in Healthcare and Life Sciences Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)

IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

3M
Amazon Web Services Inc.
Apixio Inc.
Averbis
Cerner Corporation
Clinithink
Conversica Inc.
Dolby Systems Inc.
Google LLC
Health Fidelty Inc.
IBM
Inovalon
Lexlytics
Linguamantics
Microsoft
Narrative Science
Nuance Communications Inc.
Sparkcognition
Stats LLC
Wave Health Technologies

Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market to Reach $6.6 Billion by 2027

The U.S. Market is Estimated at $560.9 Million, While China is Forecast to Grow at 23.4% CAGR

Select Competitors (Total 33 Featured) -

What's New for 2022?

What is the estimated value of the Global Market for Natural Language Processing (NLP) in Healthcare and Life Sciences?

What is the growth rate of the Global Market for Natural Language Processing (NLP) in Healthcare and Life Sciences?

What is the forecasted size of the Global Market for Natural Language Processing (NLP) in Healthcare and Life Sciences?

Who are the key companies in the Global Market for Natural Language Processing (NLP) in Healthcare and Life Sciences?

Table of Contents

Companies Mentioned

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