SPI Medical Imaging: MIM’s the Word for GE

Published 23/01/2024

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Market Intelligence Reports
31 May 2023: Healthcare IT, Imaging IT, Imaging IT - Market Intelligence Service - 2023, Market Intelligence Services, Market Reports
Imaging IT – World – 2023
A component of our Imaging IT Service. 2022 world market analysis including: Radiology IT (PACS, RIS, EI), Cardiology IT (CVPACS, CVIS, Hemo Reporting, CV-EI), VNA, IE, Advanced Visualisation, Universal Viewers and OW and BI Tools.
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GE HealthCare announced its agreement to acquire MIM Software, a medical imaging analysis and AI vendor, in early January, marking the company’s third acquisition since its spin-off 12 months ago.

MIM provides AI-enabled image analysis and workflow tools across several care areas, including oncology, urology, neurology, and cardiology. GE intends to leverage these capabilities to accelerate innovation and differentiate its solutions, stating that the acquisition aligns with its precision care strategy.

What factors make MIM, a smaller vendor focussed on niche and specialised tools, an attractive target for GE, and does this acquisition indicate a strategic trend for the big players in the medical imaging IT market?