Fitness Trends Natural Language Processing (NLP) in Healthcare an

Natural
Language
Processing
(NLP)
in
Healthcare and Life Sciences Market Size
Report, 2026
Integrating Natural Language Processing (NLP) platform helps both customer as well as service
provider to easy the workflow. Voice assistants and messaging platforms used by consumers
help in reducing time required for different services as patient documentation. NLP is the ability
of a computer program to understand human languages and promotes human-machine
interaction. Increasing adoption of digital technology in the healthcare industry and customer
demand for better healthcare services is expected to drive growth of the market.
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insight/natural-language-processing-nlp-in-healthcare-and-life-sciences-market-2798
The global natural language processing (NLP) in healthcare and life sciences market size was
valued at US$ 1,497.89 million in 2018, and is expected to witness a CAGR of 26.8% over the
forecast period (2019 – 2026).
Increasing data operations and use of smart devices is expected to drive growth of the Natural
Language Processing (NLP) in healthcare and life sciences market
Healthcare and life sciences industry generates large amount of data, which is driven by
compliance & regulatory requirements, record keeping, and patient care. Growing trend of
digitization and data driven solutions to improve healthcare delivery system is driving growth of
the market. Therefore, increasing data-driven operations and decision-making is a major factor
driving growth of the market. For instance, in May 2018, Google AI collaborated with
University of California, San Francisco, Stanford Medicine, and The University of Chicago
Medical Center to integrate Machine Learning in Electronic Health Records (EHR) in order to
achieve scalable and accurate results and develop a data processing pipeline for transforming
EHR files into a standardized format.
Report includes chapters which deeply display the following deliverable about industry :
• Natural Language Processing (NLP) in Healthcare and Life Sciences Market Research Objective
and Assumption