South Africa Healthcare Data Annotation Tools Market Size & Outlook
South Africa healthcare data annotation tools market, 2017-2030 (US$M)
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South Africa healthcare data annotation tools market highlights
- The South Africa healthcare data annotation tools market generated a revenue of USD 1.5 million in 2023 and is expected to reach USD 8.3 million by 2030.
- The South Africa 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 2023 | USD 1.5 million |
| Market revenue in 2030 | USD 8.3 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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.9% 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 Middle East & Africa, South Africa healthcare data annotation tools market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 5.1 million by 2030.
Image/video was the largest segment with a revenue share of 60% in 2023. Horizon Databook has segmented the South Africa healthcare data annotation tools market based on text, image/video, audio covering the revenue growth of each sub-segment from 2017 to 2030.
Seamless integration of data annotation tools with local health information systems (HIS) is a growing trend. The integration allows direct access to electronic health records (EHRs), medical imaging archives, and other healthcare data sources during annotation.
Integrated tools support efficient data extraction, annotation, and analysis, facilitating clinical decision support, research collaborations, and population health studies. The adoption of AI-driven annotation techniques, such as active learning, semi-supervised learning, and reinforcement learning, is increasing in Latin America.
These techniques optimize the annotation process, improve efficiency, and reduce manual effort while maintaining accuracy. AI-driven annotation tools enable faster and more accurate annotation of medical images, clinical texts, and other healthcare data.
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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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South Africa healthcare data annotation tools market size, by type, 2017-2030 (US$M)
South Africa Healthcare Data Annotation Tools Market Outlook Share, 2023 & 2030 (US$M)
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