Italy Healthcare Data Annotation Tools Market Size & Outlook

The healthcare data annotation tools market in Italy is expected to reach a projected revenue of US$ 23.6 million by 2030. A compound annual growth rate of 27.9% is expected of Italy healthcare data annotation tools market from 2024 to 2030.
Revenue, 2023 (US$M)
$4.2
Forecast, 2030 (US$M)
$23.6
CAGR, 2024 - 2030
28%
Report Coverage
Italy

Italy healthcare data annotation tools market, 2017-2030 (US$M)

Italy

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Italy healthcare data annotation tools market highlights

  • The Italy healthcare data annotation tools market generated a revenue of USD 4.2 million in 2023 and is expected to reach USD 23.6 million by 2030.
  • The Italy market is expected to grow at a CAGR of 27.9% 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 2023USD 4.2 million
Market revenue in 2030USD 23.6 million
Growth rate27.9% (CAGR from 2023 to 2030)
Largest segmentImage/video
Fastest growing segmentImage/Video
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationText, Image/Video, Audio
Key market players worldwideInfosys Ltd ADR, Innodata Inc, Appen Ltd, Shaip, Ango AI, CapeStart, LynxCare, iMerit, Anolytics, V7, SuperAnnotate


Other key industry trends

  • In terms of revenue, Italy accounted for 2.5% 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 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 61.9% in 2023. Horizon Databook has segmented the Italy healthcare data annotation tools market based on text, image/video, audio covering the revenue growth of each sub-segment from 2017 to 2030.


Clinical notes, test reports, and medical histories are just a few of the patient data that may be found in electronic health records (EHRs). Clinical decision support systems are facilitated using data annotation tools to annotate and extract pertinent information from EHRs.

Research studies and clinical trials also employ data annotation tools to annotate and analyze data gathered from diverse sources. By extracting significant ideas and patterns from research data, these tools help enhance medical research and the creation of new medicines.

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Italy healthcare data annotation tools market size, by technology, 2017-2030 (US$M)

Italy Healthcare Data Annotation Tools Market Outlook Share, 2023 & 2030 (US$M)

Italy healthcare data annotation tools market size, by technology, 2017-2030 (US$M)

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