The global natural language processing (NLP) market in healthcare and life sciences is expected to reach $9.54 billion by 2030, driven by the rise of digital healthcare and the adoption of AI technology. The market is experiencing rapid growth due to the increasing use of NLP in clinical documentation, data mining, patient data processing, and drug discovery. Key players in the market include IBM, 3M Health Fidelity Inc., and Microsoft Corporation. Emerging applications and the impact of regulatory policies are also discussed in the report.
