Australia Healthcare Data Annotation Tools Market Size & Outlook
Australia healthcare data annotation tools market, 2017-2030 (US$M)
Related Markets
Australia healthcare data annotation tools market highlights
- The Australia healthcare data annotation tools market generated a revenue of USD 5.9 million in 2023 and is expected to reach USD 34.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 28.9% from 2024 to 2030.
- In terms of segment, image/video was the largest revenue generating type in 2023.
- Audio is the most lucrative type segment registering the fastest growth during the forecast period.
Healthcare data annotation tools market data book summary
| Market revenue in 2023 | USD 5.9 million |
| Market revenue in 2030 | USD 34.7 million |
| Growth rate | 28.9% (CAGR from 2023 to 2030) |
| Largest segment | Image/video |
| Fastest growing segment | Audio |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Text, Image/Video, Audio |
| Key market players worldwide | Infosys Ltd ADR, Innodata Inc, Appen Ltd, Shaip, Ango AI, CapeStart, LynxCare, iMerit, Anolytics, V7, SuperAnnotate |
Other key industry trends
- In terms of revenue, Australia accounted for 3.5% of the global healthcare data annotation tools market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China healthcare data annotation tools market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 55.4 million by 2030.
Image/video was the largest segment with a revenue share of 61.02% in 2023. Horizon Databook has segmented the Australia healthcare data annotation tools market based on text, image/video, audio covering the revenue growth of each sub-segment from 2017 to 2030.
These tools facilitate the annotation of healthcare information specific to Indigenous communities, addressing particular health concerns, cultural nuances, and factors influencing social health.
Annotation solutions catering to the unique needs of Indigenous groups are gaining popularity. Interoperability and data exchange are given top priority in Australia's healthcare system.
Fast Healthcare Interoperability Resources (HL7 FHIR) standard-compliant annotation tools are increasingly well-liked. These solutions enable smooth data interchange, system interoperability, and cooperation across healthcare and research organizations.
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Healthcare Data Annotation Tools Market Scope
Healthcare Data Annotation Tools Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia healthcare data annotation tools market size, by type, 2017-2030 (US$M)
Australia Healthcare Data Annotation Tools Market Outlook Share, 2023 & 2030 (US$M)
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