Masimo Corporation - Common Stock (MASI)

Competitors to Masimo Corporation - Common Stock (MASI)

Covidien (Part of Medtronic) 

Covidien, a subsidiary of Medtronic, directly competes with Masimo in the field of patient monitoring and surgical care. The company provides a range of monitoring devices and consumables which can be alternatives to Masimo’s products. The competitive dynamics are influenced by Medtronic's overall brand strength, extensive range of products, and their strategies to bundle products with comprehensive solutions for hospitals, which can make it challenging for Masimo to penetrate certain markets effectively.

General Electric (GE) Healthcare 

GE Healthcare competes with Masimo by offering a broad range of medical imaging and monitoring solutions. GE's extensive portfolio includes advanced technologies for patient monitoring, making it a direct competitor in the healthcare sector. GE leverages its global brand recognition and large-scale operations, providing scalability and extensive service networks that enhance customer loyalty. While Masimo focuses on non-invasive monitoring specifically, GE's strength in imaging and larger ecosystem gives it an advantage in integrated healthcare solutions.

Medtronic 

Medtronic competes with Masimo Corporation primarily in the field of monitoring and therapy solutions, providing a wide range of medical devices for various healthcare applications. Medtronic's comprehensive portfolio includes advanced monitoring technologies that overlap with Masimo's offerings, particularly in solutions for critical care and surgical applications. Medtronic benefits from a larger scale, diversified product line, and extensive research and development resources, which often gives it a competitive edge in creating innovative solutions and entering new markets.

Nihon Kohden Corporation

Nihon Kohden Corporation competes with Masimo by providing a range of medical electronic devices, including patient monitors, electrocardiographs, and diagnostic equipment. The company is known for its focus on cutting-edge technology and high-quality products, enabling it to maintain a solid position in the market. While both companies focus on developing innovative non-invasive monitoring solutions, Nihon Kohden's strength in certain geographic markets and specific applications allows it to be a strong competitor, though it generally does not match Masimo's market share in non-invasive optical monitoring.

Philips Healthcare

Philips Healthcare competes with Masimo Corporation by offering a diverse range of patient monitoring solutions, including advanced non-invasive monitoring technologies and electronic health records. Philips has a well-established presence in the medical device market with a strong brand reputation and extensive distribution channels, making it a formidable competitor. The company similarly focuses on innovation and developing next-generation monitoring solutions, which often leads to direct competition in hospital settings where both companies target clinicians looking for reliable and accurate monitoring devices.