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Report overview

This report aims to provide a comprehensive presentation of the global market for Natural Language Processing (NLP) in Healthcare and Life Sciences, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Natural Language Processing (NLP) in Healthcare and Life Sciences. This report contains market size and forecasts of Natural Language Processing (NLP) in Healthcare and Life Sciences in global, including the following market information:
  • Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Natural Language Processing (NLP) in Healthcare and Life Sciences market was valued at US$ 1878.7 million in 2022 and is projected to reach US$ 5418.1 million by 2029, at a CAGR of 16.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Machine Translation Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Natural Language Processing (NLP) in Healthcare and Life Sciences include 3M (Minnesota), Cerner Corporation (Missouri), IBM Corporation (New York), Microsoft Corporation (Washington), Nuance Communications (Massachusetts), M*Modal (Tennessee), Health Fidelity (California), Dolbey Systems (Ohio) and Linguamatics (Cambridge), etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Natural Language Processing (NLP) in Healthcare and Life Sciences companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Segment Percentages, by Type, 2022 (%)
  • Machine Translation
  • Information Extraction
  • Automatic Summarization
  • Text and Voice Processing
  • Others
Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Segment Percentages, by Application, 2022 (%)
  • Electronic Health Records (EHR)
  • Computer-Assisted Coding (CAC)
  • Clinician Document
  • Others
Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Natural Language Processing (NLP) in Healthcare and Life Sciences revenues in global market, 2018-2023 (estimated), ($ millions)
  • Key companies Natural Language Processing (NLP) in Healthcare and Life Sciences revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • 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)
  • Apixio (San Mateo)
  • Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Natural Language Processing (NLP) in Healthcare and Life Sciences, market overview.
  • Chapter 2: Global Natural Language Processing (NLP) in Healthcare and Life Sciences market size in revenue.
  • Chapter 3: Detailed analysis of Natural Language Processing (NLP) in Healthcare and Life Sciences company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Natural Language Processing (NLP) in Healthcare and Life Sciences in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: The main points and conclusions of the report.