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Natural language processing (NLP) is a branch of artificial intelligence that deals with the interaction between computers and humans using the natural language (spoken or written data), not in the artificial languages such as Java and C++.
This report contains market size and forecasts of Natural Language Processing (NLP) in Healthcare in South Korea, including the following market information:
South Korea Natural Language Processing (NLP) in Healthcare Market Revenue, 2015-2020, 2021-2026, ($ millions)
Top Five Competitors in South Korea Natural Language Processing (NLP) in Healthcare Market 2019 (%)
The global Natural Language Processing (NLP) in Healthcare market was valued at 599.6 million in 2019 and is projected to reach US$ 1211.9 million by 2026, at a CAGR of 19.2% during the forecast period. While the Natural Language Processing (NLP) in Healthcare market size in South Korea was US$ XX million in 2019, and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2020-2026.
COVID-19 pandemic has big impact on Natural Language Processing (NLP) in Healthcare businesses, with lots of challenges and uncertainty faced by many players of Natural Language Processing (NLP) in Healthcare in South Korea. This report also analyses and evaluates the COVID-19 impact on Natural Language Processing (NLP) in Healthcare market size in 2020 and the next few years in South Korea
Total Market by Segment:
South Korea Natural Language Processing (NLP) in Healthcare Market, By Type, 2015-2020, 2021-2026 ($ millions)
South Korea Natural Language Processing (NLP) in Healthcare Market Segment Percentages, By Type, 2019 (%)
- Machine Translation
- Information Extraction
- Automatic Summarization
- Text and Voice Processing
- Other
- By type, machine translation is the most commonly used type, with about 44% market share in 2018.
South Korea Natural Language Processing (NLP) in Healthcare Market, By Application, 2015-2020, 2021-2026 ($ millions)
South Korea Natural Language Processing (NLP) in Healthcare Market Segment Percentages, By Application, 2019 (%)
- Electronic Health Records (EHR)
- Computer-Assisted Coding (CAC)
- Clinician Document
- Other
- By application, EHR is the largest segment, with market share of about 48% in 2018, while CAC segment was expected to increase at nearly EHR by 2025.
Competitor Analysis
The report also provides analysis of leading market participants including:
Total Natural Language Processing (NLP) in Healthcare Market Competitors Revenues in South Korea, by Players 2015-2020 (Estimated), ($ millions)
Total Natural Language Processing (NLP) in Healthcare Market Competitors Revenues Share in South Korea, by Players 2019 (%)
Further, the report presents profiles of competitors in the market, including the following:
- 3M
- Linguamatics
- Amazon AWS
- Nuance Communications
- SAS
- IBM
- Microsoft Corporation
- Averbis
- Health Fidelity