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Masimo Corporation: Business Overview, Financials & Competitive Analysis

Masimo is a global medical technology company that develops and produces a wide array of industry-leading monitoring technologies, including innovative measurements, sensors, and patient monitors. Masimo SET pulse oxi...

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Masimo Corporation OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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7/ 10Strong

Cyborg Score thesis

Essential medical device player with dominant pulse oximetry technology, expanding hospital automation platform, and compelling...

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Industry Medical Devices & Equipment - Patient Monitoring & Hospital Automation
4 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: June 15, 2026
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Masimo Corporation Overview

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Masimo is a global medical technology company that develops and produces a wide array of industry-leading monitoring technologies, including innovative measurements, sensors, and patient monitors. Masimo SET pulse oximetry has been shown to outperform other pulse oximetry technologies in over 100 independent studies and is estimated to be used on more than 200 million patients around the world each year and is the primary pulse oximetry at all 10 top U.S. hospitals. The company combines core patient monitoring with hospital automation and telehealth platforms to drive integrated care delivery solutions.

Strategic Profile

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In 2025, Masimo achieved a record level of incremental contract value from new customers and expanded hospital agreements with existing customers, positioning the company well for sustained performance in the year ahead. The company has outlined a long-term strategic vision to strengthen its position as a global leader in patient monitoring, expand its innovation pipeline, with updated 2028 financial targets including revenue growth of 7%-10% on a compound annual basis and operating margins approaching 30%.

Competitive Landscape

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Masimo competes in noninvasive monitoring by offering brain function, hemodynamic, and respiration monitoring solutions through direct sales, distributors, and OEM partnerships to hospitals, emergency services, long-term care, and physician offices. Key competitors include other medical device manufacturers focused on patient monitoring, hospital automation, and care delivery solutions. Masimo's differentiation centers on its proprietary SET pulse oximetry technology and integrated hospital automation platform.

Industry Context

Masimo Corporation operates in Medical Devices & Equipment - Patient Monitoring & Hospital Automation.

Key facts

Founded: 1989 · Headquarters: Irvine, California · Revenue: $1.5B · Market cap: $7.0B

What the analysts stress-tested

The top findings that survived the multi-agent debate for Masimo Corporation.

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Philips Monitoring SolutionsIntegrated hospital patient monitoring and care systemsGE Healthcare MonitoringPatient monitoring and medical imaging systemsMedtronic Patient MonitoringBroad medical device portfolio including monitoring solutionsNonin Pulse OximetryPulse oximetry and noninvasive monitoring devices

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Industry context

Masimo Corporation operates in Medical Devices & Equipment - Patient Monitoring & Hospital Automation. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Masimo Corporation do?+
Masimo is a global medical technology company that develops and produces a wide array of industry-leading monitoring technologies, including innovative measurements, sensors, and patient monitors. Masimo SET pulse oxi...
What is Masimo Corporation's Cyborg Score?+
Masimo Corporation has a Cyborg Score of 7/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Masimo Corporation's main competitors?+
Named competitors include Philips Monitoring Solutions, GE Healthcare Monitoring, Medtronic Patient Monitoring, Nonin Pulse Oximetry. The full competitive landscape is in the AskCyborg report.
How can I get the full Masimo Corporation research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Masimo Corporation research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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