Brazil Healthcare Data Annotation Tools Market Size & Outlook
Brazil healthcare data annotation tools market, 2017-2030 (US$M)
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Brazil healthcare data annotation tools market highlights
- The Brazil healthcare data annotation tools market generated a revenue of USD 4.3 million in 2023 and is expected to reach USD 24.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 28.3% from 2024 to 2030.
- In terms of segment, image/video was the largest revenue generating type in 2023.
- Image/Video 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 4.3 million |
| Market revenue in 2030 | USD 24.6 million |
| Growth rate | 28.3% (CAGR from 2023 to 2030) |
| Largest segment | Image/video |
| Fastest growing segment | Image/Video |
| 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, Brazil accounted for 2.6% 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 Latin America, Brazil healthcare data annotation tools market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 24.6 million by 2030.
Image/video was the largest segment with a revenue share of 60.47% in 2023. Horizon Databook has segmented the Brazil healthcare data annotation tools market based on text, image/video, audio covering the revenue growth of each sub-segment from 2017 to 2030.
Brazil has experienced an increase in the usage of collaborative annotation technologies, which allow for remote collaboration among several annotators, medical practitioners, and researchers.
These systems feature real-time annotation, versioning, communication tools, and quality assurance processes. They enhance productivity, standardization, and knowledge exchange in healthcare data annotation at geographically remote locations.
A growing number of people are using data annotation tools that make it easier to annotate healthcare information pertaining to indigenous health, including indigenous languages, cultural concerns, and traditional medicinal practices.
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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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Brazil healthcare data annotation tools market size, by type, 2017-2030 (US$M)
Brazil Healthcare Data Annotation Tools Market Outlook Share, 2023 & 2030 (US$M)
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