Spain Healthcare Data Annotation Tools Market Size & Outlook
Spain healthcare data annotation tools market, 2017-2030 (US$M)
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Spain healthcare data annotation tools market highlights
- The Spain healthcare data annotation tools market generated a revenue of USD 3.4 million in 2023 and is expected to reach USD 18.8 million by 2030.
- The Spain market is expected to grow at a CAGR of 27.6% 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 3.4 million |
| Market revenue in 2030 | USD 18.8 million |
| Growth rate | 27.6% (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, Spain accounted for 2.0% 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 61.76% in 2023. Horizon Databook has segmented the Spain healthcare data annotation tools market based on text, image/video, audio covering the revenue growth of each sub-segment from 2017 to 2030.
In Spain's healthcare sector, the field of genomics is expanding. The demand for data annotation tools specifically designed for annotating genomic data, such as DNA sequences, genetic variants, and gene expressions, is rising.
The increased use of AI, the demand for precise medical image and EHR annotation, privacy and security compliance, collaboration and integration capabilities, bias detection and mitigation, and support for research and clinical trials drive the demand for healthcare data annotation tools in Spain.
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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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Spain healthcare data annotation tools market size, by technology, 2017-2030 (US$M)
Spain Healthcare Data Annotation Tools Market Outlook Share, 2023 & 2030 (US$M)
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