Philips, Masimo Renew Global Patient Monitoring Partnership

Royal Philips and Masimo have renewed and expanded their multi-year strategic collaboration to accelerate the development and delivery of next-generation patient monitoring solutions. The partnership focuses on integrating Masimo’s advanced monitoring technologies, such as SET® pulse oximetry and Radius PPG, into Philips’ multi-parameter patient monitoring platforms, enhancing interoperability and providing clinicians with reliable data and actionable insights across various care settings. Both companies plan to co-develop and promote innovative solutions that address emerging clinical needs, including greater patient mobility and the use of AI algorithms to improve patient care. This renewed agreement reflects a shared commitment to smart, connected care and expanding access to integrated healthcare technologies. Market analysts view the expanded collaboration positively, highlighting its potential to stabilize and strengthen both companies' positions in the healthcare technology industry. Philips continues to broaden its patient monitoring partnerships, exemplified by a recent similar expansion with Medtronic.