Natural language processing
is rising in the healthcare industry as organizations seek solutions to process
unstructured data.
Healthcare natural language
processing (NLP) is expected to grow significantly over the next several
years as organizations continue to adopt more advanced health IT infrastructure
solutions, according to a recent report.
A Transparency Market the research report predicts the global healthcare NLP market will be worth
$4.3 billion by 2024, growing significantly from the $936 million reported in
2015. Between 2016 and 2024, the market is projected to rise at a CAGR of 18.8
percent.
According to the report, meaningful comprehension of unstructured data
is the main reason why healthcare organizations are interested in NLP. The overall
adoption of more advanced health IT infrastructure technology is expected
to significantly boost the market.
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