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Healthcare Radiology Image Analysis Software sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Healthcare Radiology Image Analysis Software

1.1 - About Healthcare Radiology Image Analysis Software sector

Companies in Healthcare Radiology Image Analysis Software build AI-driven tools that interpret medical images to assist radiologists and streamline diagnostic workflows. These vendors provide algorithms for detection, triage, segmentation, and quantification across CT, MRI, X‑ray, ultrasound, and mammography. Value centers on faster reads, improved accuracy, standardized reporting, and seamless PACS/RIS integration, enabling health systems to scale radiology services without compromising quality.

Offerings typically include FDA-cleared CAD modules that flag critical findings, AI triage that reprioritizes the worklist, organ and lesion segmentation with automated measurements, and quantitative biomarkers for longitudinal tracking. Vendors ship DICOM-native inference engines, HL7/FHIR connectors to RIS/PACS, structured reporting templates, and monitoring dashboards for model performance and QA. Deployment spans cloud and on‑prem, with privacy, audit logging, and integration toolkits to embed algorithms into existing radiology workflows.

Primary customers include hospital radiology departments, imaging centers, and teleradiology providers, with OEMs and PACS vendors as integration partners. These solutions drive shorter turnaround times, higher reader throughput, more consistent interpretations, and earlier detection of time‑critical cases. Health systems also gain standardized reporting and measurable quality metrics, supporting enterprise-scale adoption and governance for analysts assessing strategic buyers in radiology image analysis.

2. Buyers in the Healthcare Radiology Image Analysis Software sector

2.1 Top strategic acquirers of Healthcare Radiology Image Analysis Software companies

Rad AI Logo

Rad AI

HQ: United States Website
  • Description: Provider of artificial intelligence software for radiology that automates reporting and follow-up care. Its platform generates AI-based draft impressions from dictated findings, integrates seamlessly into radiologists’ workflows, cuts dictation time, eases burnout and improves patient care.
  • Key Products:
  • Rad AI Impressions: Personalized generative-AI tool that auto-drafts the impression section of radiology reports in the radiologist’s own language within seconds, integrates with existing dictation workflow, and has shown 25-30 % efficiency gains while lessening voice strain and burnout
  • Generative AI Radiology Platform: LLM-powered software suite that applies large language models to automate routine radiology tasks, standardize AI across health systems and return "joy in medicine" by improving caregiver capabilities and patient outcomes.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Healthcare Radiology Image Analysis Software sector

Description: Companies in the Digital Health AI Diagnostics Platforms category build software and data-driven tools that transform clinical images and patient data into actionable diagnostic insights. Their platforms augment clinicians across radiology, oncology, cardiology, and neurology with AI analysis, precision imaging, and remote assessments, improving detection accuracy and care planning. Solutions are clinically validated, integrate with existing workflows, and scale from hospital systems to specialty clinics and imaging centers.
DAS Health

DAS Health

HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of technology-driven solutions empowering healthcare and senior care organizations to streamline operations, boost efficiency and elevate care quality through cloud hosting, cybersecurity, managed IT, identity management, EHR/PM support, revenue-cycle services and tailored consulting, all backed by 24/7 support and 23+ years of industry expertise.
  • Key Products:
  • Managed IT Essentials: Provides 24/7 preventative maintenance and monitoring, access to additional services and support, and minimizes fixed costs to keep healthcare practices operating at optimum speed
  • Managed IT Business: Delivers all Essentials features plus unlimited access to the DAS Health service desk for technical support, granting on-demand expert assistance for wider operational coverage
  • Managed IT Enterprise: Offers a complete protection package with proactive maintenance and monitoring, incorporates all Business features, and enables organizations to offload nearly all internal technology responsibilities to DAS Health experts
  • Proactive Monitoring & Downtime Prevention: Utilizes advanced monitoring tools to detect and resolve issues before escalation, keeping critical healthcare systems operational and safeguarding against costly interruptions.
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Buyer group 3: ████████ ████████

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3. Investors and private equity firms in Healthcare Radiology Image Analysis Software sector

3.1 - Buyout funds in the Healthcare Radiology Image Analysis Software sector

Buyout Funds investing in Healthcare Radiology Image Analysis Software companies

51+ funds
Description: Buyout funds focused on Healthcare Radiology Image Analysis Software companies globally.

Francisco Partners

Website HQ: United States
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Healthcare Radiology Image Analysis Software
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Healthcare Radiology Image Analysis Software sector

Growth Equity Funds in Healthcare Radiology Image Analysis Software companies

41+ funds
Description: Growth equity funds focused on Healthcare Radiology Image Analysis Software companies globally.

Summit Partners

Website HQ: United States
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Healthcare Radiology Image Analysis Software
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Healthcare Radiology Image Analysis Software companies

4.2 - Public trading comparable groups for Healthcare Radiology Image Analysis Software sector

Description: Companies in this public trading comparables group deliver diagnostic imaging devices, contrast agents, and provider-based imaging and laboratory services. Business models span capital equipment sales, consumables, and fee-for-service testing with payer reimbursement. They are comparable because revenues are driven by procedure volumes, installed base penetration, clinical accuracy, and referral networks, creating recurring utilization and consumables demand, with similar regulatory, compliance, and reimbursement dynamics across imaging and diagnostics end markets.
RadNet logo

RadNet

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of diagnostic imaging services and information technology solutions, operating a network of outpatient imaging centers offering services including MRI, CT, PET/CT, X-ray, ultrasound, and mammography to enhance patient care and medical imaging infrastructure.
  • Key Products:
  • MRI: High-resolution magnetic resonance imaging services for detailed internal body scans
  • CT: Computed tomography scans for cross-sectional imaging
  • PET/CT: Positron emission tomography combined with CT for comprehensive imaging
  • X-ray: Basic and advanced X-ray imaging services for diagnostic purposes
  • Mammography: Advanced breast imaging services including digital and 3D mammography.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Healthcare Radiology Image Analysis Software sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Healthcare Radiology Image Analysis Software sector

Who are the top strategic acquirers of Healthcare Radiology Image Analysis Software companies?

Top strategic buyers in this sector include Rad AI, a provider of artificial intelligence software for radiology that automates reporting and follow-up care. its platform generates ai-based draft impressions from dictated findings, integrates seamlessly into radiologists’ workflows, cuts dictation time, eases burnout and improves patient care. .

Which buyer groups are most relevant for Healthcare Radiology Image Analysis Software companies?

Relevant strategic buyer groups similar to the Healthcare Radiology Image Analysis Software sector include Digital Diagnostics Platforms because they share similar customer segments and product capabilities.

Financial Investors in Healthcare Radiology Image Analysis Software sector

Which are the top PE firms investing in Healthcare Radiology Image Analysis Software companies?

Potential investors in the broader Healthcare Radiology Image Analysis Software space include Summit Partners and Francisco Partners.

Who are the top buyout funds acquiring Healthcare Radiology Image Analysis Software companies?

Active PE funds and buyout funds acquiring companies in the Healthcare Radiology Image Analysis Software space include Francisco Partners.

Who are the top growth equity funds investing in Healthcare Radiology Image Analysis Software companies?

Growth funds investing in the broader Healthcare Radiology Image Analysis Software sector include Summit Partners.

Valuation of Companies in Healthcare Radiology Image Analysis Software sector

Which are the key public companies that are relevant trading comps for Healthcare Radiology Image Analysis Software companies?

Key trading comparable groups include RadNet, a provider of diagnostic imaging services and information technology solutions, operating a network of outpatient imaging centers offering services including mri, ct, pet/ct, x-ray, ultrasound, and mammography to enhance patient care and medical imaging infrastructure..

Which are the key trading comparable groups for Healthcare Radiology Image Analysis Software companies?

Similar trading comparable companies include Diagnostic Imaging and Clinical Diagnostics Companies. Our platform tracks detailed trading comparable groups in the Healthcare Radiology Image Analysis Software sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Healthcare Radiology Image Analysis Software sector?

Our platform tracks M&A transactions in the Healthcare Radiology Image Analysis Software sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Healthcare Radiology Image Analysis Software?

Access recent funding rounds in the Healthcare Radiology Image Analysis Software sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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