Market revenue in 2023 | USD 4.2 million |
Market revenue in 2030 | USD 23.6 million |
Growth rate | 27.9% (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 |
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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