U.S. Healthcare Data Annotation Tools Market Size & Outlook
U.S. Healthcare Data Annotation Tools Market, 2017-2030 (US$M)
Global Market
Related Markets
U.S. healthcare data annotation tools market highlights
- The U.S. healthcare data annotation tools market generated a revenue of USD 65.3 million in 2023 and is expected to reach USD 330.4 million by 2030.
- The U.S. market is expected to grow at a CAGR of 26.1% 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 65.3 million |
| Market revenue in 2030 | USD 330.4 million |
| Growth rate | 26.1% (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, U.S. accounted for 39.0% 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 North America, U.S. healthcare data annotation tools market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 47.1 million by 2030.
The market demand is driven by the increasing need for medical imaging, such as X-rays, MRIs, and CT scans, to help diagnose diseases, including cancer, cardiovascular issues, and neurological disorders using data annotation.
Annotations aid in identifying and categorizing anomalies or regions of interest in the pictures, facilitating a quicker and more precise diagnosis. Data annotation is critical for disease epidemic monitoring and tracking, particularly in public health.
Annotations are used to classify and categorize data from many sources, such as social media, news articles, and sensor networks, to discover illness symptoms, geographical hotspots, and trends. This information assists in early identification, reaction planning, and resource allocation.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Healthcare Data Annotation Tools Market Scope
Healthcare Data Annotation Tools Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Infosys Ltd ADR | View profile | 322,663 | 44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, India, 560 100 | www.infosys.com |
| Appen Ltd | View profile | 1,037 | 9 Help Street, Level 6, Chatswood, Sydney, NSW, Australia, 2067 | www.appen.com |
| Innodata Inc | View profile | 4,325 | 55 Challenger Road, Ridgefield Park, NJ, United States, 07660 | www.innodata.com |
| iMerit | View profile | 5001-10000 | San Jose, California, United States, North America | imerit.net/ |
| Shaip | View profile | 251-500 | Louisville, Kentucky, United States, North America | www.shaip.com |
| Ango AI | View profile | 11-50 | San Francisco, California, United States, North America | ango.ai/ |
| CapeStart | View profile | 11-50 | Cambridge, Massachusetts, United States, North America | www.capestart.com/ |
| LynxCare | View profile | 11-50 | Leuven, Vlaams-Brabant, Belgium, Europe | lynx.care/ |
| Anolytics | View profile | 1001-5000 | Levittown, New York, United States, North America | www.anolytics.ai/ |
| V7 | View profile | 101-250 | London, England, United Kingdom, Europe | www.v7labs.com |
U.S. Healthcare Data Annotation Tools Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Healthcare Data Annotation Tools Market Outlook will help companies and investors design strategic landscapes.
Image/Video was the largest segment with a revenue share of 60.64% in 2023.
Horizon Databook has segmented the U.S. healthcare data annotation tools market based on text, image/video, audio covering the revenue growth of each sub-segment from 2017 to 2030.
The market demand is driven by the increasing need for medical imaging, such as X-rays, MRIs, and CT scans, to help diagnose diseases, including cancer, cardiovascular issues, and neurological disorders using data annotation.
Annotations aid in identifying and categorizing anomalies or regions of interest in the pictures, facilitating a quicker and more precise diagnosis. Data annotation is critical for disease epidemic monitoring and tracking, particularly in public health.
Annotations are used to classify and categorize data from many sources, such as social media, news articles, and sensor networks, to discover illness symptoms, geographical hotspots, and trends. This information assists in early identification, reaction planning, and resource allocation.
- U.S. Healthcare Data Annotation Tools Market Type Outlook (Revenue, USD Million , 2017-2030)
- Text
- Image/Video
- Audio
- U.S. Healthcare Data Annotation Tools Market Technology Outlook (Revenue, USD Million , 2017-2030)
- Manual
- Semi-Supervised
- Automatic
- U.S. Healthcare Data Annotation Tools Market End-user Outlook (Revenue, USD Million , 2017-2030)
- Hospitals
- Diagnostic Imaging Centers
- Healthcare Technology Companies
- Others
- U.S. Healthcare Data Annotation Tools Market Application Outlook (Revenue, USD Million , 2017-2030)
- Virtual Assistants
- Conversational Bots
- Diagnostic Support
- Drug Development Process
- Robotic Surgery
- Medical Documents
Reasons to subscribe to Healthcare Data Annotation Tools Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Healthcare Data Annotation Tools Market Outlook databook
- Our clientele includes a mix of Healthcare Data Annotation Tools Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. Healthcare Data Annotation Tools Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Healthcare Data Annotation Tools Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
U.S. Healthcare Data Annotation Tools Market, 2017-2030 (US$M)
U.S. healthcare data annotation tools market statistics, by type, 2017-2030 (US$M)
