Kuwait Healthcare Data Annotation Tools Market Size & Outlook
Related Markets
Kuwait healthcare data annotation tools market highlights
- The Kuwait healthcare data annotation tools market generated a revenue of USD 0.2 million in 2023 and is expected to reach USD 1.3 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 27.3% 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 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 |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.1% 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 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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Healthcare Data Annotation Tools Market Scope
Healthcare Data Annotation Tools Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SuperAnnotate | View profile | 51-100 | San Mateo, California, United States, North America | https://superannotate.com |
| V7 | View profile | 101-250 | London, England, United Kingdom, Europe | https://www.v7labs.com |
| Anolytics | View profile | 1001-5000 | Levittown, New York, United States, North America | https://www.anolytics.ai/ |
| LynxCare | View profile | 11-50 | Leuven, Vlaams-Brabant, Belgium, Europe | https://lynx.care/ |
| CapeStart | View profile | 11-50 | Cambridge, Massachusetts, United States, North America | http://www.capestart.com/ |
| Ango AI | View profile | 11-50 | San Francisco, California, United States, North America | https://ango.ai/ |
| Shaip | View profile | 251-500 | Louisville, Kentucky, United States, North America | https://www.shaip.com |
| iMerit | View profile | 5001-10000 | San Jose, California, United States, North America | http://imerit.net/ |
| Innodata Inc | View profile | 4325 | 55 Challenger Road, Ridgefield Park, NJ, United States, 07660 | https://www.innodata.com |
| Appen Ltd | View profile | 1037 | 9 Help Street, Level 6, Chatswood, Sydney, NSW, Australia, 2067 | https://www.appen.com |
| Infosys Ltd ADR | View profile | 322663 | 44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, India, 560 100 | https://www.infosys.com |
Kuwait healthcare data annotation tools market size, by type, 2017-2030 (US$M)
Kuwait Healthcare Data Annotation Tools Market Outlook Share, 2023 & 2030 (US$M)
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