Mexico Healthcare Data Annotation Tools Market Size & Outlook
Mexico healthcare data annotation tools market, 2017-2030 (US$M)
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Mexico healthcare data annotation tools market highlights
- The Mexico healthcare data annotation tools market generated a revenue of USD 2.9 million in 2023 and is expected to reach USD 16.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 28% from 2024 to 2030.
- In terms of segment, image/video was the largest revenue generating type in 2023.
- Audio 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 2.9 million |
| Market revenue in 2030 | USD 16.3 million |
| Growth rate | 28% (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 |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.7% 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 Latin America, Brazil healthcare data annotation tools market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 24.6 million by 2030.
Image/video was the largest segment with a revenue share of 62.07% in 2023. Horizon Databook has segmented the Mexico healthcare data annotation tools market based on text, image/video, audio covering the revenue growth of each sub-segment from 2017 to 2030.
The COVID-19 pandemic has accelerated the adoption of telemedicine and remote healthcare in Latin America. Data annotation tools that support telemedicine-related data, including remote patient monitoring, teleconsultation records, and telehealth images, are in demand.
Annotation tools are crucial in annotating and extracting valuable information from these telemedicine interactions. Ensuring high-quality annotations is essential in Latin America's healthcare data annotation market.
Tools that provide quality control mechanisms, inter-annotator agreement measures, and adherence to annotation guidelines gain prominence. These features help maintain annotation accuracy, consistency, and reliability, supporting reliable AI model training and healthcare applications.
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Healthcare Data Annotation Tools Market Scope
Healthcare Data Annotation Tools Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico healthcare data annotation tools market size, by type, 2017-2030 (US$M)
Mexico Healthcare Data Annotation Tools Market Outlook Share, 2023 & 2030 (US$M)
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