Research and Markets released "Natural Language Processing Market for Health Care and Life Sciences Industry by Type, Region — Global Forecast to 2020."
Here are five key points:
1. The Natural Language Processing market includes 3M, IBM, Microsoft, Nuance Communication, Cerner, Health Fidelity, Apixio, Linguamatics Optum and Dolbey Systems as solution vendors.
2. NLP solutions are categorized into recognition, operational and analytics sections.
3. Growth of clinical data, increase in use of the Internet and increase in usage of connected devices all contribute to the growth of the NLP market.
4. The growing need for personalized medicine, increasing need of disease awareness and investment in the healthcare industry all present opportunities for the market's growth.
5. Lack of collaborative adoption and government regulations may deter the market's growth.
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