Global Healthcare Natural Language Processing (NLP) Market: Efforts to Reduce Incidental Errors Ensure Swift Uptake
Global Healthcare Natural Language Processing Market: Snapshot Natural language processing (NLP) technologies allows humans to interact with computers through conventional languages such as English and German instead of artificial languages such as Java and C++. These technologies use a computer to process, analyze, and generate computational linguistics on the basis of human languages. Currently, NLP technology is being extensively used in the healthcare industry as several public and private health organizations are using it for clinical applications. Hospitals and clinics are adopting these technologies to improve patient engagement and bring in efficiency in decision-making capabilities. Owing to these reasons, the global healthcare natural language processing market is expected to be worth US$4.3 bn by the end of 2024 from US$936 mn in 2015. Between the years of 2016 and 2024, the global market is expected to expand at a CAGR of 18.8%. The demand for NLP te...