Resmed Inc

SWB:RME

Resmed makes devices and software for people with sleep apnea, COPD, and other breathing disorders. Its main products are CPAP and bilevel machines, masks, and other patient interface products that help people breathe more easily at home while they sleep. It also sells cloud-connected software that helps doctors, sleep clinics, and home medical equipment providers track treatment and manage patients. The company earns money in two main ways: by selling the hardware upfront and by selling replacement masks, supplies, and software-related services over time. Its customers are not usually patients buying directly at a store; they are more often healthcare providers, durable medical equipment suppliers, and insurers that support diagnosis, treatment, and long-term care. That gives Resmed a mix of one-time equipment sales and recurring follow-on sales. What makes Resmed’s business different is that it sits at the center of long-term sleep and respiratory therapy. The machines and masks need regular replacement, and the connected software helps keep patients on therapy and gives providers data they can use to manage care. That combination of devices, consumables, and digital monitoring makes Resmed both a medical device maker and a service provider in the home healthcare chain.