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ResMed
2024 Rank: 282023 Rank: 34
Headquarters:
San Diego, California
United States
Revenue ($USD) : $4,222,993,000
R&D spend : $287,642,000
Employees : 10,140
Fiscal year end : 6/30/2023
CEO : Michael Farrell
ResMed was founded in Australia in 1989 by Peter Farrell and has been under the leadership of his son, Mick Farrell, since 2013. The company specializes in cloud-connected respiratory devices, offering continuous positive airway pressure (CPAP) machines for sleep apnea and ventilators for conditions such as chronic obstructive pulmonary disease (COPD). With a major recall still mostly keeping Philips out of the market, ResMed’s revenue has grown by double-digit percentages in recent years. –CN
MORE ON MDO: How ResMed designed its new AirFit F40 CPAP mask