Germany Healthcare Data Annotation Tools Market Size & Outlook
Germany healthcare data annotation tools market, 2017-2030 (US$M)
Related Markets
Germany healthcare data annotation tools market highlights
- The Germany healthcare data annotation tools market generated a revenue of USD 9.0 million in 2023 and is expected to reach USD 55.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 29.6% 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 9.0 million |
| Market revenue in 2030 | USD 55.4 million |
| Growth rate | 29.6% (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, Germany accounted for 5.4% 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 61.11% in 2023. Horizon Databook has segmented the Germany healthcare data annotation tools market based on text, image/video, audio covering the revenue growth of each sub-segment from 2017 to 2030.
Germany has strict data protection legislation, notably the General Data Protection Regulation (GDPR). Healthcare data annotation tools in Germany have reacted to these rules by including privacy-enhancing features.
Market momentum has been achieved by tools that provide strong data security, encryption, anonymization, and user permission management. Germany's healthcare system is heavily regulated and subject to stringent criteria.
Thus, a rising need for localized annotation solutions designed specifically for the German market exists. These technologies offer templates, rules, and ontologies for annotating data by German healthcare standards, terminology, and laws, resulting in annotated data that is accurate and pertinent to its context.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Healthcare Data Annotation Tools Market Scope
Healthcare Data Annotation Tools Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany healthcare data annotation tools market size, by technology, 2017-2030 (US$M)
Germany Healthcare Data Annotation Tools Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
