Latest
industry research report on: Global Healthcare Natural Language
Processing (NLP) Market : Industry Size, Share, Research, Reviews,
Analysis, Strategies, Demand, Growth, Segmentation, Parameters,
Forecasts
This report provides an
analysis of the global healthcare
natural language processing (NLP) market
for the period from 2014 to 2024, wherein the period from 2016 to
2024 comprises the forecast period and 2015 is the base year. Data
for 2014 is provided as historical information. The report details
the prominent trends and technologies playing a major role in the
growth of the healthcare NLP market over the forecast period. It also
highlights various drivers, restraints, and opportunities expected to
influence the market’s growth during this period. The study
provides a holistic perspective of the growth of the healthcare NLP
market throughout the forecast period in terms of revenue estimates
(in US$ Mn), across Asia Pacific (APAC), South America, North
America, Europe, and Middle East & Africa (MEA) regions. The
report provides analysis of the global healthcare NLP market in terms
of market estimates and forecasts for all the segments across
different geographic regions.
The
report provides extensive information on key developments of NLP
system across the countries and opportunities for global healthcare
NLP market. This is in consideration to the growing implementation of
machine translation and information extraction technology, which is
anticipated to offer prominent opportunities for healthcare NLP
market across the world in near term. Furthermore, increasing
integration of data and network technologies such as big data, and
internet of things (IoT) has varying degree of acceptance across
regions and in healthcare applications, which is further anticipated
to influence the demand for NLP technology across these geographic
regions during the forecast period.
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Global Healthcare Natural Language Processing Market: Drivers and
Trends
The increasing penetration of electronics health record (EHR) systems
in healthcare applications is creating strong demand for knowledge
extraction and structured information. In addition, Healthcare NLP
market is mainly driven by exponentially rising volume of
unstructured clinical data. The NLP technology enables health
professional to enhance the overall performance of clinical process
by attaining clinical communication techniques. NLP technology based
systems also allow organizations to improve family and patient
engagement, and assist in reduction of operational cost by
elimination of traditional clinical documentation process.
Furthermore, many European countries are spending on healthcare IT
expenditure in order to implement advance technologies in clinical
diagnosis procedures. Healthcare organizations are implementing NLP
technologies for clinical documentation purpose in order to reduce
incidental errors, financial losses, and attain high quality patient
care and better patient outcomes. The report includes the impact
analysis of such factors under the market dynamics, categorized as
the drivers and the restraints. Apart from this, the report also
details on different NLP techniques while providing holistic view of
the market under the ecosystem analysis. In ecosystem analysis, the
study elucidates the workflow of entire healthcare NLP system from
generation of unstructured data to the end-use healthcare systems.
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Global Healthcare Natural
Language Processing Market: Segmentation
On the basis of technology,
healthcare NLP market is categorized into machine translation,
information extraction, automatic summarization, and text and voice
processing. The study includes global and regional key trends and key
market indicators of the healthcare NLP market. The report also
includes detailed information of technology segment across each
region for global healthcare NLP market. Moreover, the report also
includes competitive profiling of the regional and global key players
associated with the healthcare NLP market. The important business
strategies adopted by them, their market positioning, and recent
developments have also been identified in the research report.
Key Players Mentioned in
this Report are:
The growing developments in NLP
technology across the healthcare applications is leading towards high
competition in global healthcare NLP market. The major players in
global healthcare NLP market include NLP Technologies, Inc., NEC
Corporation, Apple, Inc., Microsoft Corporation, Dolbey Systems,
Inc., IBM Corporation, NetBase Solutions, Inc., SAS Institute, Inc.,
Verint Systems, Inc., eContext, Linguamatics Ltd., and Artificial
Solutions.
Market Segmentation
Healthcare NLP Market, by
Technology
- Machine Translation
- Information Extraction
- Automatic Summarization
- Text and Voice Processing
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