Description of the Company |
6 Months Ended |
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Jun. 28, 2025 | |
| Accounting Policies [Abstract] | |
| Description of the Company | 1. Description of the Company Masimo Corporation (the “Company”) is a global technology company that develops, manufactures and markets a wide array of patient monitoring technologies, as well as automation and connectivity solutions. The Company’s mission is to improve life, improve patient outcomes and reduce the cost of care, and take noninvasive monitoring to new sites and applications. As of June 28, 2025, the Company operates two reportable segments: healthcare and non-healthcare. The Company’s healthcare products and patient monitoring solutions generally incorporate a monitor or circuit board, proprietary single-patient use or reusable sensors, software and/or cables. The Company primarily sells its healthcare products to hospitals, emergency medical service providers, home care providers, physician offices, veterinarians, and long-term care facilities through its direct sales force, distributors and original equipment manufacturer (OEM) partners. The Company’s non-healthcare consumer business incorporates audio and home integration technologies, which are primarily sold or licensed direct-to-consumers, or through authorized retailers and wholesalers. As of December 28, 2024, the non-healthcare consumer business remained part of the Company’s continuing operations, but was being evaluated for divestiture. Subsequent to year end, the sales evaluation process continued to progress in early 2025, and as of March 29, 2025, the non-healthcare consumer business was classified as held-for-sale, and reported as discontinued operations. On May 6, 2025, the Company announced that it entered into a definitive agreement to sells its non-healthcare business to Harman International Industries, Incorporated, a wholly-owned subsidiary of Samsung Electronics., Ltd. For additional information with respect to the non-healthcare consumer business separation and discontinued operations of this business, see Note 18, “Discontinued Operations”. The terms “the Company” and “Masimo” refer to Masimo Corporation and, where applicable, its consolidated subsidiaries.
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