Report ID: UCMIG35G2120
Report ID:
UCMIG35G2120 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global healthcare data collecting and labelling market was valued at USD 526.6 million in 2021 and is predicted to increase at a CAGR of 26.9% from 2022 to 2030. During the COVID-19 pandemic, the healthcare profession experienced the spread of artificial intelligence & machine learning. The adoption of technological advances and methods for medical imaging for the early and precise diagnosis of diseases is expected to increase data collection. Several industry participants are launching strategic endeavours to develop a strong machine learning network by outsourcing data gathering and labelling services. Centaur labs, for example, offers medical labelling solutions that include medical audio labelling, medical picture labelling, medical text labelling, radiology labelling, ECG labelling, and cardiology labelling.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Technology by segment aggregation, the contribution of the Health Care Technology in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35G2120