Masimo Corp

masimo.com

Masimo Corp (NASDAQ: MASI) is a medical technology company that develops and manufactures noninvasive patient monitoring systems, sensors, and connectivity platforms for clinical settings. Revenue comes from selling proprietary monitoring hardware, single-patient-use sensors, and connectivity software to hospitals and healthcare facilities. Core products include Masimo SET pulse oximetry, rainbow Pulse CO-Oximetry, the Root patient monitoring and connectivity platform, and the Patient SafetyNet Series 5000. The company also licenses its signal-processing technology to more than 90 OEM partners, who integrate Masimo circuit boards into their own multi-parameter monitors. End markets span high-acuity ICUs, surgical suites, operating rooms, general care floors, recovery units, and long-term care facilities. The OEM channel extends Masimo technology into over 200 third-party monitors. Switching costs are embedded in the sensor-to-monitor architecture, where proprietary single-use sensors are consumed continuously at each installed monitor. Founded in 1989 and headquartered in Irvine, California, Masimo files under a December fiscal year-end.