PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279919
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279919
Global Healthcare Data Annotation Tools Market is valued at approximately USD 129.9 million in 2022 and is anticipated to grow with a healthy growth rate of more than 27.50% over the forecast period 2023-2030. Healthcare data annotation tools are software programs or platforms used to annotate and label healthcare data, such as medical images, Electronic Health Records (EHRs), and clinical notes. These tools enable healthcare professionals to identify and label specific pieces of information in the data, such as symptoms, diagnoses, treatments, and patient demographics. Data annotation is an essential step in many healthcare applications, including clinical decision support systems, population health management, and drug discovery. It helps to ensure that healthcare data is accurately labeled and can be analyzed effectively to improve patient outcomes and healthcare delivery. The Healthcare Data Annotation Tools market is expanding because of factors such as rising increasing adoption of electronic health records (EHRs) and growing investment in digital health or related-health-related services.
The benefits of eHealth and telemedicine services, such as simple access to medical care, cost reductions, and advancements in diagnostic and treatment methods, are expected to increase spending on digital health and other health-related services. To help with the development of AI-based digital imaging & radiology products, for instance, Aidoc raised USD 20 million in a Series B fundraising round in September 2020, led by Square Peg Capital. Additionally, it is anticipated that the market would grow in the projected period due to an increase in the number of initiatives promoting eHealth and digital health. For instance, the European Health Data Space Programme was introduced in May 2022 to assist the use of health data to enable improvements in research, creative healthcare delivery, and policymaking. In addition, rising technological advancements and growing investment in the adoption of machine learning and artificial intelligence (ai) in healthcare are creating a lucrative opportunity for market growth. However, the high cost of Healthcare Data Annotation Tools stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Healthcare Data Annotation Tools Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players, rising investment in the healthcare industry, and rising technological advancement. Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising adoption of ERP systems., rising public-private partnerships for product development, and rising adoption and spending on e-health in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Typeofferings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable