Reports and Data’s latest market analysis report, titled ‘Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market – Forecast to 2028,’ is a comprehensive study of the Natural Language Processing (NLP) in Healthcare and Life Sciences industry and provides the targeted readers with vital data & information pertaining to the industry. The report comprises quantitative and qualitative research on the Natural Language Processing (NLP) in Healthcare and Life Sciences market, as well as key information on the current and emerging market revenue growth opportunities & trends. The report covers a wide range of dynamic factors influencing market revenue growth, such as drivers, restraints, risks, challenges, threats, supply & demand ratios, production & manufacturing capacities, sales & distribution networks, cost & demand volatility, import/export ratios, profit margins, market share, market size, and macro-economic and micro-economic factors. The report also offers information on different product types, application ranges, regional markets, technology and end-use landscapes, and competitive scenario. According to the report, the global Natural Language Processing (NLP) in Healthcare and Life Sciences market is projected to reach a staggering market size of USD XX billion in 2028 from USD XX billion in 2020, registering a robust CAGR of XX% during the forecast period.

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Top Companies Profiled in the Report:

Cerner Corporation, 3M, Nuance Communications, Inc., IBM Corporation, Heath Fidelity, Microsoft Corporation, Linguamatics, Apixio, Clinithink Inc., and Mmodal IP PLC.

Component Type Outlook (Revenue, USD Billion; 2018-2028)

• Service
  • Support and Maintenance Services
  • Professional Services
• Technology
  • Optical Character Recognition
  • Auto Coding
  • Interactive Voice Response
  • Pattern and Image Recognition
  • Text Analytics
  • Classification and Categorization
  • Speech Analytics

Type Outlook (Revenue, USD Billion; 2018-2028)

• Statistical NLP
• Rule-Based NLP
• Hybrid NLP

Deployment Mode Type Outlook (Revenue, USD Billion; 2018-2028)

• On-Premise
• Cloud

Application Type Outlook (Revenue, USD Billion; 2018-2028)

• Machine Translation
• Predictive Risk Analytics
• Report Generation
• Automated Information Extraction
• Others

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The global pharma & healthcare market revenue growth majorly driven by factors such as increasing prevalence of chronic and acute illnesses around the world, substantially growing patient pool, rise in demand for personalized medicine, increasing pharmaceutical and biotechnological research & development projects, and rapid incorporation of emerging technologies such as artificial intelligence (AI), Internet of Things (IoT), big data analytics, robotics, and blockchain in healthcare. Rising cases of COVID-19 worldwide, surge in demand for advanced healthcare services during the COVID-19 pandemic, growing trends of telehealth and telemedicine, rising demand for advanced point-of-care diagnostics, and increasing government and private funding for development of COVID-19 vaccines are other key factors driving market revenue growth. Furthermore, increasing investments in new drug discovery & development and rising government focus on reinforcing the healthcare supply chain to meet growing medical needs are factors boosting revenue growth of this market.

Table of Contents (ToC) – Global Natural Language Processing (NLP) in Healthcare and Life Sciences Market

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

       1.4.1. Primary Sources

       1.4.2. Secondary Sources

       1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2020-2030

Chapter 3. Key Insights

Chapter 4. Global Pharma & Healthcare Market Segmentation 

4.1. Global Pharma & Healthcare Market COVID-19 Impact Analysis

4.2. Industrial Outlook

       4.2.1. Market indicators analysis

       4.2.2. Market drivers’ analysis

       4.2.3. Market restraints analysis

 4.3. Technological Insights

 4.4. Porter’s Five Forces Analysis

 4.5. Regulatory Framework

 4.6. Price trend Analysis

 4.7. Competitive Metric Space Analysis

Key Regional Markets Covered in the Report:

• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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