Fisher & Paykel Healthcare Corporation Limited designs, manufactures, and markets advanced medical devices and systems primarily for respiratory care, acute care surgery, and the treatment of obstructive sleep apnea. Its core product portfolio includes respiratory humidifiers, breathing circuits, oxygen therapy devices, continuous positive airway pressure (CPAP) systems, neonatal care products such as infant warmers and resuscitators, surgical humidification devices, and related consumables and accessories. The company operates primarily in hospital and homecare markets, serving healthcare providers globally with manufacturing facilities in New Zealand and Mexico and distribution across North America, Europe, and the Asia Pacific. Founded in 1934 and headquartered in Auckland, New Zealand, Fisher & Paykel Healthcare maintains a commitment to clinical innovation and "Care by Design" philosophy to enhance patient outcomes.
Recent major developments include the launch in 2024 of the F&P Nova Micro nasal pillows mask for obstructive sleep apnea treatment in the United States and the F&P Solo mask introduction in Australia and New Zealand. The company continues its expansion through new product development, exemplified by robust investment in research and development (NZ$198 million in FY24), and infrastructure growing with a third manufacturing plant opening in Tijuana, Mexico, and plans for an additional facility in Guangzhou, China, aiming to optimize production costs and meet increasing global demand. Fisher & Paykel Healthcare reported a solid 10 percent revenue growth in FY24 to NZ$1.74 billion and anticipates further revenue growth of 11 percent in FY25 driven by hospital product demand and new mask product launches, with projected net profits rising 30 percent. The company’s customer base is predominantly hospitals (62 percent of revenue), supplemented by homecare users, with significant geographic revenue contributions from North America (46 percent), Europe (27 percent), and Asia Pacific (21 percent).