Resmed

Resmed

Develops cloud-connected medical devices for chronic diseases

About

ResMed develops medical devices and software platforms that help treat and manage conditions like sleep apnea and chronic obstructive pulmonary disease (COPD). Their products are cloud-connected, allowing for better monitoring and management of patients' health. ResMed stands out from competitors by focusing on both device sales and software subscriptions, which creates a steady revenue stream through ongoing service fees. The company's goal is to improve patient care and quality of life while reducing hospital visits and healthcare costs.

Company Stage

IPO

Employees

5,001-10,000

Industries

Enterprise Software, Healthcare

Total Funding

$1.1M

Headquarters

San Diego, California

Founded

1989


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Simplify's Take

What believers are saying

  • ResMed aims to reach 500 million breathing health patients by 2030.
  • The acquisition of Inhealthcare expands ResMed's digital health and remote monitoring capabilities.
  • Growing awareness of sleep apnea and COPD drives demand for ResMed's products.

What critics are saying

  • Increased competition in digital health could impact ResMed's market share.
  • Supply chain vulnerabilities may disrupt production and delay product launches.
  • Data privacy concerns could lead to regulatory scrutiny and affect consumer trust.

What makes Resmed unique

  • ResMed's cloud-connected devices enhance patient monitoring and personalized treatment plans.
  • The company operates in over 120 countries, offering a global healthcare solution.
  • ResMed's focus on sustainability aligns with the global push for eco-friendly healthcare.

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Growth & Insights
Headcount

6 month growth

7%

1 year growth

0%

2 year growth

7%

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