Thailand Healthcare Data Annotation Tools Market Size & Outlook
Thailand healthcare data annotation tools market, 2017-2030 (US$M)
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Thailand healthcare data annotation tools market highlights
- The Thailand healthcare data annotation tools market generated a revenue of USD 0.8 million in 2023 and is expected to reach USD 4.3 million by 2030.
- The Thailand market is expected to grow at a CAGR of 26.3% 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 0.8 million |
| Market revenue in 2030 | USD 4.3 million |
| Growth rate | 26.3% (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, Thailand accounted for 0.5% 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 Asia Pacific, China healthcare data annotation tools market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 55.4 million by 2030.
Image/video was the largest segment with a revenue share of 62.5% in 2023. Horizon Databook has segmented the Thailand healthcare data annotation tools market based on text, image/video, audio covering the revenue growth of each sub-segment from 2017 to 2030.
Traditional Thai Medicine (TTM) is essential to Thailand's healthcare system. There is a need for data annotation tools that assist the annotation of TTM-related medical data, such as traditional herbal medicine records, treatment methods, and diagnostic texts.
These technologies help digitize and annotate TTM information, fostering integration with contemporary medical procedures. Ensuring high-quality annotations is critical in the Thai healthcare data annotation market.
With these characteristics, trustworthy AI model training and healthcare applications may be supported while maintaining annotation accuracy, consistency, and dependability.
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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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Thailand healthcare data annotation tools market size, by type, 2017-2030 (US$M)
Thailand Healthcare Data Annotation Tools Market Outlook Share, 2023 & 2030 (US$M)
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