NLP in Healthcare & Life Sciences Market worth $16.01 billion by 2030 According to a research report "NLP in Healthcare & Life Sciences Market by NLP Technique (OCR, NER, Sentiment Analysis), Application (Genomics & Precision Medicine, Patient Care & Engagement, Clinical Operations & Decision Support, Biomedical Research) Global Forecast to 2030" published by MarketsandMarkets, the market size for NLP in healthcare & life sciences is expected to significantly increase from USD 5.18 billion in 2025 to USD 16.01 billion by 2030 at a CAGR of 25.3% during the forecast period. Rising need to extract insights from unstructured clinical data, growing demand for automated medical documentation, increased use of AI in drug discovery, expansion of telehealth services, and the push for improved patient engagement and operational efficiency are driving NLP applications in healthcare and life sciences. Clinical operations & decision support will register the largest market share during the forecast period The clinical operations and decision support application of NLP in healthcare and life sciences is expected to hold the largest market share due to its critical role in improving clinical efficiency, reducing physician workload, and enhancing patient outcomes. NLP enables realtime analysis of vast unstructured clinical data, supporting faster and more accurate decisionmaking. Additionally, the growing adoption of electronic health records (EHRs), the need for evidence-based care, and the integration of AI into clinical workflows further drive its widespread implementation. Natural language understanding type is poised for the fastest growth rate during the forecast period Natural language understanding (NLU) is projected to witness the fastest growth in the NLP healthcare and life sciences market due to its advanced capability to interpret and derive meaning from complex medical language. The surge in unstructured clinical data, such as physician notes and pathology reports, fuels demand for NLU to enhance diagnostics, clinical documentation, and decision-making. Additionally, its role in powering conversational AI tools and enabling more accurate patient engagement solutions supports its rapid adoption across the sector. North America accounts for the largest market during the forecast period North America is expected to hold the largest market share in the NLP in healthcare and life sciences market due to its advanced healthcare infrastructure, strong presence of leading NLP and AI technology providers, and high investment in digital health initiatives. The region’s early adoption of electronic health records (EHRs), favorable regulatory environment, and increasing focus on value-based care drive demand for NLP solutions. Additionally, substantial R&D funding and strategic collaborations among tech and healthcare firms fuel market dominance. The major players in the NLP in healthcare & life sciences market include Microsoft (US), Google (US), IQVIA (US), Oracle (US), IBM (US), Lexalytics (US), Averbis (Germany), Emtelligent (Canada), Gnani.ai (India), and Deep 6 AI (US). About MarketsandMarkets™
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