Natural Language Processing in Healthcare and Life Sciences Market 2021 Analysis May Set New Growth Story, Forecast to 2027

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/

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

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