Masimo received the 2009 Global Healthcare Exchange (GHX) Best in Class Award for achieving the nation’s highest year-over-year market share growth for distributed products in the Respiratory product category for the 2008 calendar year. “We are extremely pleased to honor Masimo for its leadership position in the Respiratory product category,” said Ed McCauley, general manager, GHX Market Intelligence. “Despite the down economy, Masimo grew 41.81 percent in 2008 while the overall market segment grew 9.76 percent.”Masimo was among 30 leading medical-surgical product manufacturers recognized by GHX in five market segments and 35 product categories. Winners were determined using GHX Market Intelligence reports that analyze national distributed sales transaction data. With information provided by 27 of the nation’s leading distributors, GHX Market Intelligence tracks and reports on more than $34 billion of distributed sales for medical-surgical and clinical laboratory supplies and devices. It is the only comprehensive source for accurate, detailed and timely data for the acute and alternate site healthcare markets, containing geographically relevant and competitive market share, size and average selling price reporting down to the three-digit ZIP code level.Rick Fishel, President of Masimo Americas, stated: “We are pleased to receive GHX’s Best in Class Award for market share growth for the second year in a row. This achievement recognizes the power of clinical preference and demand for advanced medical technology and best-in-class products to drive national sales. It is an honor to be a market leader among the industry’s best.”
