The global natural language processing (NLP) market is expected to grow at a compound annual growth rate (CAGR) of 16.11% between 2015 and 2019, according to a new report from Technavio.

Growing use of text analytics in the healthcare industry is among the key trends in the market, the report says. Text analytics helps healthcare providers store comprehensive information about patients, which helps medical personnel gain a full understanding of a patient's health problems.

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