Healthcare Natural Language Processing (NLP) Market to Undertake Strapping Growth during 2027 By Transparency Market Research Published February 8, 2022
According to a new market research report published by Transparency Market Research entitled “Healthcare Natural Language Processing (NLP) Market (Technology: Machine Translation, Information Extraction, Automatic Summarization, and Text and Voice Processing) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 – 2027” the global healthcare NLP market is expected to reach a value of US$ 7,450.8 Mn by 2027. The market is projected to expand at a CAGR of 19.1% from 2019 to 2027. The healthcare NLP market is anticipated to witness robust expansion during the forecast period primarily due to an exponential rise in the volume of unstructured data across healthcare applications. Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=B&rep_id=18554 North America and Europe, collectively, held more than 50% share of the global healthcare NLP market in 2018. Expansion of NLP technology in these regions is majorly driven by strong penetration of NLP systems and electronic health records (EHR) systems in clinical applications. Among these regions, North America accounted for a higher market share as compared to that held by Europe. This is primarily due to extensive presence of NLP vendors and EHR platform providers across the region. The healthcare NLP market in Europe is projected to expand