Company description

Masimo Corporation (ticker: MASI) is a global medical technology company that focuses on developing and manufacturing innovative noninvasive patient monitoring technologies. Founded in 1989 by electrical engineer, Joe Kiani, with the goal of improving patient outcomes and reducing the cost of healthcare, Masimo has grown to become a leader in the medical device industry. The company's flagship product, Masimo SET Measure-through Motion and Low Perfusion pulse oximetry, revolutionized patient monitoring by providing accurate and real-time oxygen saturation and pulse rate readings even in the most challenging conditions. Today, Masimo has a diverse portfolio of over 160 patents and over 100,000 installations worldwide. They continue to push the boundaries of technology with advancements in rainbow SET Pulse CO-Oximetry, Patient SafetyNet remote patient monitoring, and the Masimo SafetyNet system that integrates multiple patient monitoring devices. The company also operates a direct distribution model, which gives them better control over their products' pricing and delivery, resulting in strong financial performance. With a commitment to saving and improving lives through technology and innovation, Masimo is dedicated to transforming patient care and revolutionizing the medical industry.