Market revenue in 2023 | USD 0.2 million |
Market revenue in 2030 | USD 1.3 million |
Growth rate | 27.3% (CAGR from 2023 to 2030) |
Largest segment | Image/video |
Fastest growing segment | Audio |
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 100% in 2023. Horizon Databook has segmented the Kuwait healthcare data annotation tools market based on text, image/video, audio covering the revenue growth of each sub-segment from 2017 to 2030.
Telemedicine and remote healthcare have become more popular in Kuwait after the COVID-19 outbreak. Data annotation technologies supporting telemedicine-related data, such as telehealth pictures, teleconsultation records, and remote patient monitoring data, are in high demand, and those are advanced technologies that are fueling the growth of the market.
These telemedicine exchanges may be annotated and used to extract important information, especially using annotation tools. High-quality annotations are crucial for healthcare data annotation in the South African, Saudi Arabian, UAE, and Kuwaiti markets. Tools offering quality assurance procedures, inter-annotator agreement metrics, and adherence to annotation standards are essential.
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