ResMed Unveils New Collection of Digital and Personalized Solutions designed to Improve Sleep Health

Rhea-AI Summary

ResMed (NYSE: RMD, ASX: RMD) has unveiled new digital and personalized solutions to improve sleep health. The company has integrated its myAir consumer app with Apple and Android smartwatches, introduced a Generative AI-enabled sleep health assistant named Dawn, and launched new travel gear for CPAP users.

Key features of the updated myAir app include:

• Smartwatch compatibility
• Sleep staging integration
• Personalized coaching
• Holistic health trends

The LUXE range of travel bags for CPAP users will be available in quantities from October 28. These innovations aim to enhance therapy engagement and improve overall health outcomes for sleep apnea patients.

Positive

• Integration of myAir app with Apple and Android smartwatches, potentially increasing user engagement
• Introduction of Dawn, an AI-enabled sleep health concierge, offering 24/7 support
• Launch of LUXE travel gear for CPAP users, potentially improving therapy adherence while traveling
• myAir app associated with 87% of patients achieving therapy compliance
• New features in myAir app including sleep staging, personalized coaching, and holistic health trends

Negative

• None.

Insights

Tech Expert

ResMed's new product lineup demonstrates a significant leap in sleep health technology integration. The myAir smartwatch app for Apple and Android devices represents a strategic move into the wearable tech market, aligning with consumer trends towards health tracking. This integration could potentially increase user engagement and therapy adherence, which is important for ResMed's business model.

The introduction of Dawn, the AI-enabled health concierge, showcases ResMed's investment in cutting-edge AI technology. This could provide a competitive edge by offering 24/7 personalized support, potentially reducing customer service costs while improving user experience. The LUXE travel gear line is a smart diversification, addressing the needs of frequent travelers and potentially opening up new revenue streams in the accessories market.

These innovations position ResMed as a leader in sleep health technology, potentially driving growth in both their core CPAP business and new digital health initiatives. However, the success will depend on user adoption rates and the effectiveness of these tools in improving therapy outcomes.

Medical Research Analyst

ResMed's latest innovations address critical aspects of sleep apnea treatment adherence. The integration of sleep staging data and holistic health trends in the myAir app is particularly noteworthy. By providing users with a comprehensive view of their sleep cycles and overall health metrics, ResMed is empowering patients to make more informed decisions about their therapy.

The company's focus on personalized coaching, leveraging behavior science and machine learning, is a significant step towards improving CPAP compliance. With studies showing that myAir users achieve 87% therapy compliance, these enhancements could potentially lead to better health outcomes and reduced healthcare costs associated with untreated sleep apnea.

The introduction of AI-enabled support through Dawn could revolutionize patient education and support. By providing instant, personalized guidance, ResMed may be able to address therapy challenges more efficiently, potentially leading to improved patient satisfaction and retention. These advancements position ResMed as a pioneer in digital therapeutics for sleep disorders.

• ResMed makes it easier for people to manage their sleep health and stay on (continuous positive airway pressure) CPAP treatment by integrating its leading myAir™ consumer app with Apple and Android smartwatches.

• Introduces a Generative AI-enabled sleep health assistant to guide people on their journey to better sleep and new travel gear to help people stay on CPAP treatment while traveling.
  

SAN DIEGO, Sept. 30, 2024 (GLOBE NEWSWIRE) -- ResMed (NYSE: RMD, ASX: RMD), the world’s leading health technology company focused on sleep, breathing, and care delivered in the home, today announced new patient-centric products designed to enhance the therapy journey for sleep apnea patients. These innovations integrate with digital wearable devices and generative artificial intelligence designed to deliver a more personalized sleep health experience and improve overall health.

ResMed’s 2024 Global Sleep Survey found that 44% of Americans get fewer than three good nights of sleep each week, significantly impacting their quality of life. With the rising popularity of digital wearables like smartwatches and health trackers, individuals now have access to data-driven insights that empower them to be active participants in improving their health. Sleep health has become a key focus in this evolving landscape, with more than half (54%) of respondents from a recent ResMed survey expressing interest in purchasing a wearable device with sleep-tracking capabilities.

Digital wearables give consumers instant access to sleep and other critical health insights, giving them valuable information to collaborate with their healthcare providers. ResMed’s latest innovations are designed with users at the forefront, offering personalized insights into sleep patterns and the flexibility to help people stay on track with sleep therapy, no matter where life takes them.

New Patient Engagement Features for ResMed myAir App Designed to Help People Take Control of their Health

ResMed myAir is an intuitive app that empowers patients to stay engaged with their CPAP therapy, leading to better health outcomes. Through interactive coaching and the ability to track nightly sleep data, myAir has been associated with significantly increased CPAP usage, with 87% of patients achieving therapy compliance¹.

New myAir Patient Engagement Features Include:

• myAir smartwatch app: Now available on Apple and Android smartwatches, this app allows users to monitor their therapy data at a glance, making it easier to stay engaged with CPAP therapy.
• Sleep staging: Integrates sleep stages data (awake, REM, core, and deep) from Apple Health and Health Connect into myAir, giving users a clearer understanding of their entire sleep cycle.
• Personalized coaching: Offers customized tips and strategies based on behavior science and machine learning to help users stay on track with CPAP therapy through personalized support.
• Holistic trends: Provides a comprehensive view of a user’s health by providing data such as tracked steps, energy burned, weight, blood oxygen, body mass index, daily exercise, heart rate variability, resting heart rate, time in bed, and total time asleep, from Apple Health and Health Connect along with CPAP therapy data, all in one place.

“We know that digital wearables and other innovative technologies like AI can help consumers better understand their sleep habits and create a personalized pathway to better rest,” said Carlos M. Nunez, M.D., Chief Medical Officer at ResMed. “Regular sleep tracking can offer crucial insights that empower people to make informed decisions about improving their sleep quality both now and in the future.”

Introducing Dawn: A Generative AI-Enabled Sleep Health Concierge

ResMed’s new AI-enabled health concierge, Dawn, is changing how people learn about sleep apnea. Dawn provides instant, 24/7 access to many answers about sleep health, ResMed products, and CPAP therapy support. Using Generative AI, Dawn offers personalized guidance and connects users with the information they need in real time.

LUXE, Thoughtfully Designed Travel Gear for CPAP Users

Catering to frequent travelers with an eye for sophisticated design, ResMed introduces the LUXE range of tote bags and backpacks. The stylish, practical travel bags are engineered to make it easier for people to stay on CPAP therapy while on the move. LUXE includes modular inserts to securely carry the AirSense™ 10/11 or AirMini™, a mask, a tube, and a power supply. Available for purchase in limited quantities via shop.ResMed.com (US), shop.ResMed.com.au (AU), and the Tmall platform (China) on October 28.

For more information on ResMed’s latest suite of innovations and new products, please visit ResMed.com/ProductUpdate.

Android is a trademark of Google LLC. Apple® is a registered trademark of Apple, Inc.

About ResMed
At ResMed (NYSE: RMD, ASX: RMD) we pioneer innovative solutions that treat and keep people out of the hospital, empowering them to live healthier, higher-quality lives. Our digital health technologies and cloud-connected medical devices transform care for people with sleep apnea, COPD, and other chronic diseases. Our comprehensive out-of-hospital software platforms support the professionals and caregivers who help people stay healthy in the home or care setting of their choice. By enabling better care, we help improve quality of life, reduce the impact of chronic disease, and lower costs for consumers and healthcare systems in more than 140 countries. To learn more, visit ResMed.com and follow @ResMed.

For Media: 
Rebecca Ehlinger-Janzon
(760) 496-8320
news@resmed.com

TEAM LEWIS
ResMedUS@teamlewis.com

For Investors:
+1 858.836.5000

investorrelations@resmed.com

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^{1 Malhotra A et al. Patient engagement using new technology to improve adherence to positive airway pressure therapy: A retrospective analysis. Chest. 2018;153:843–850. doi: 10.1016/j.chest.2017.11.005.}

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/feecab13-d2b5-4163-a35f-f161d2265c94

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https://www.globenewswire.com/NewsRoom/AttachmentNg/dbdf99ca-a395-4bad-a5e8-9dac14797796

FAQ

What new features has ResMed (RMD) added to its myAir app?

ResMed has added smartwatch compatibility, sleep staging integration, personalized coaching, and holistic health trends to its myAir app.

When will ResMed's (RMD) LUXE travel gear for CPAP users be available?

ResMed's LUXE travel gear for CPAP users will be available in quantities from October 28, 2024.

What is Dawn in ResMed's (RMD) new product lineup?

Dawn is ResMed's new Generative AI-enabled sleep health concierge, providing instant, 24/7 access to information about sleep health, ResMed products, and CPAP therapy support.

How does ResMed's (RMD) myAir app impact CPAP therapy compliance?

According to ResMed, the myAir app has been associated with 87% of patients achieving therapy compliance.