2016 - 2024 Healthcare Natural Language Processing Market - Global Industry Analysis , Growth , Trends & Forecast
Market Research hub ’ s 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 .
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