- Business
- ResMed Inc. (NYSE: RMD, ASX: RMD) develops, manufactures and commercializes cloud-connected medical devices and digital health solutions for sleep-disordered breathing, chronic obstructive pulmonary disease (COPD) and other respiratory conditions; core offerings include CPAP and APAP sleep therapy devices such as the AirSense series, bilevel devices and ventilators including the Astral and Lumis series, masks and accessories encompassing the AirFit and AirTouch lines like the recently launched AirTouch N30i nasal mask with fabric cushion, patient engagement platforms such as myAir with new Streaks feature for therapy tracking, provider monitoring software including AirView, and SaaS platforms for out-of-hospital care via subsidiaries from prior acquisitions like Brightree and MEDIFOX DAN. The company operates through Sleep and Respiratory Care and Software-as-a-Service segments, serving patients, healthcare providers, home medical equipment suppliers and caregivers in over 140 countries with significant presence in North America, Europe and Asia-Pacific. Founded in 1989 in Sydney, Australia, by Dr. Peter Farrell to commercialize CPAP technology, ResMed established U.S. headquarters in San Diego, California, following its 1992 office opening and 1994 incorporation there.
ResMed pursues growth through strategic acquisitions and product innovation; it acquired VirtuOx in May 2025, an independent diagnostic testing facility enhancing at-home sleep, respiratory and cardiac diagnostics to streamline pathways from evaluation to therapy and expand virtual care capabilities, with VirtuOx operating as a wholly owned subsidiary. Earlier moves include the 2022 acquisition of MEDIFOX DAN for about $1 billion to bolster European SaaS for out-of-hospital care and the 2016 purchase of Brightree for $800 million to enter U.S. post-acute SaaS. Recent developments feature launches of the AirFit F40 mask, Ectosense and NightOwl home sleep test technologies, and the first-generation AI product Dawn, alongside initiation of the Sleep Institute for global sleep health insights. In fiscal 2025 first-quarter results announced November 2025, ResMed reports nine percent headline revenue growth, 280 basis points of non-GAAP gross margin expansion and double-digit profit increase, driven by hardware, software and digital innovation amid market share gains from competitor recalls.