SPI Medical Imaging: GE HealthCare’s Intelligent Acquisition

GE HealthCare has announced it will acquire Intelligent Ultrasound Group PLC’s clinical artificial intelligence software business for approximately $51 million. GE HealthCare plans to fully integrate Intelligent Ultrasound’s AI-driven image analysis tools across its ultrasound portfolio.

Why we chose this topic

• GE HealthCare is the dominant player in women’s health, but according to Signify Research’s most recent Ultrasound report, it has lost market share recently.
• This acquisition, coming shortly after a change in leadership and structure, demonstrates that GE HealthCare is maintaining its focus not only on the segment, but also advancing the technologies forward.
• The move, following the acquisition of Caption Health in 2023, will look to keep GE HealthCare ahead of its competitors who have also made similar acquisitions in the women’s health space.

Why it matters

• The deal highlights the difficulties experienced by even established and relatively successful AI vendors.
• It suggests that consolidation will not only continue but may accelerate as the AI market matures beyond workflow and automation tools.
• AI developers may have little choice but to adjust their expectations for their businesses’ trajectories.