ResMed Announces Partnership and Investment in Eight Sleep
ResMed has entered into a partnership with Eight Sleep to integrate consumer sleep technology with its own sleep health insights and has made a strategic investment in the company.
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RBC Capital analyst Craig Wong-Pan upgrades ResMed (NYSE:RMD) from Sector Perform to Outperform and raises the price target from $244 to $262.
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ResMed has entered into a partnership with Eight Sleep to integrate consumer sleep technology with its own sleep health insights and has made a strategic investment in the company.
ResMed India has opened its first flagship experience store in Kochi, Kerala, in collaboration with distributor Microteck to improve access to sleep health solutions.
The global digital health and remote patient monitoring market is projected to grow from $26.8 billion in 2025 to $80.8 billion by 2031, expanding at a 20.2% CAGR. Growth is driven by rising chronic disease management demand, expanding reimbursement coverage, and maturing wearable sensor technology, enabling a shift from episodic facility-centered care to continuous connected care models.
ResMed (NYSE:RMD) reported fourth-quarter financial results on Thursday. The transcript from the company's fourth-quarter earnings call has been provided below. Benzinga APIs provide real-time access to earnings