The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
natural language processing market in healthcare projected to reach seven billion by 2028
The natural language processing (NLP) market in healthcare and life sciences is projected to grow from $2.56 billion in 2023 to $7.02 billion by 2028, driven by advancements in digital technology, telemedicine, and AI-driven personalized medicine. Key players include Google, Microsoft, and IBM, with trends highlighting the rise of conversational AI and real-time clinical NLP. The increasing adoption of electronic health records and virtual consultations further supports this growth trajectory.