Denmark Healthcare Data Annotation Tools Market Size & Outlook
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Denmark healthcare data annotation tools market highlights
- The Denmark healthcare data annotation tools market generated a revenue of USD 1.5 million in 2023 and is expected to reach USD 7.7 million by 2030.
- The Denmark market is expected to grow at a CAGR of 26.3% 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 1.5 million |
| Market revenue in 2030 | USD 7.7 million |
| Growth rate | 26.3% (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, Denmark accounted for 0.9% 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 Europe, Germany healthcare data annotation tools market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 55.4 million by 2030.
Image/video was the largest segment with a revenue share of 60% in 2023. Horizon Databook has segmented the Denmark healthcare data annotation tools market based on text, image/video, audio covering the revenue growth of each sub-segment from 2017 to 2030.
A new federated learning strategy allows for cooperative training of AI models without disclosing private patient information. In Denmark, there is a demand for data annotation tools that facilitate federated learning annotation.
These solutions enable distributed annotation across several healthcare organizations while protecting the confidentiality and privacy of patient information. Healthcare data annotation is increasingly focusing on ethical issues.
Tools that promote moral principles are becoming more and more crucial. Examples include safeguarding patient privacy, processing sensitive data, and guaranteeing justice and equity.
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Healthcare Data Annotation Tools Market Scope
Healthcare Data Annotation Tools Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SuperAnnotate | View profile | 51-100 | San Mateo, California, United States, North America | https://superannotate.com |
| V7 | View profile | 101-250 | London, England, United Kingdom, Europe | https://www.v7labs.com |
| Anolytics | View profile | 1001-5000 | Levittown, New York, United States, North America | https://www.anolytics.ai/ |
| LynxCare | View profile | 11-50 | Leuven, Vlaams-Brabant, Belgium, Europe | https://lynx.care/ |
| CapeStart | View profile | 11-50 | Cambridge, Massachusetts, United States, North America | http://www.capestart.com/ |
| Ango AI | View profile | 11-50 | San Francisco, California, United States, North America | https://ango.ai/ |
| Shaip | View profile | 251-500 | Louisville, Kentucky, United States, North America | https://www.shaip.com |
| iMerit | View profile | 5001-10000 | San Jose, California, United States, North America | http://imerit.net/ |
| Innodata Inc | View profile | 4325 | 55 Challenger Road, Ridgefield Park, NJ, United States, 07660 | https://www.innodata.com |
| Appen Ltd | View profile | 1037 | 9 Help Street, Level 6, Chatswood, Sydney, NSW, Australia, 2067 | https://www.appen.com |
| Infosys Ltd ADR | View profile | 322663 | 44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, India, 560 100 | https://www.infosys.com |
Denmark healthcare data annotation tools market size, by technology, 2017-2030 (US$M)
Denmark Healthcare Data Annotation Tools Market Outlook Share, 2023 & 2030 (US$M)
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