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Recent Press   |   12.12.16

Healthcare Natural Language Processing Market to Reach $2.67B by 2020

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The global healthcare Natural Language Processing (NLP) market is expected to grow from $1.10 billion in 2015 to $2.67 billion by 2020, at a CAGR of 19.2%. According to a new market research report, “Natural Language Processing Market for Health Care and Life Sciences Industry by Type (Rule-Based, Statistical, and Hybrid NLP Solutions) – Worldwide Forecast and Analysis to 2015 – 2020, published by MarketsandMarkets, NLP technologies are gaining traction in healthcare and life sciences industry as there is an explosive growth of unstructured clinical data available in EHR.

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