No, Philips Respironics is not going out of business entirely. However, the company is making significant changes to its operations in the United States concerning certain product lines.
Under a settlement with the FDA, Philips Respironics will discontinue the sale of new sleep apnea machines in the United States. This strategic shift means that new devices for treating sleep apnea will no longer be available for purchase from the company in the U.S. market.
Despite this change, the company will maintain ongoing service for existing sleep and respiratory care devices. This includes continued support for healthcare providers and patients who currently use their equipment. Therefore, while their product offering for new sleep apnea machines in the U.S. is changing, their commitment to servicing their installed base remains.
Key Changes for Philips Respironics in the U.S.
- **Cessation of New Sales:** Philips Respironics will no longer sell new **sleep apnea machines** within the United States.
- **FDA Settlement:** This decision is a direct result of a **settlement with the FDA**.
- **Continued Service:** The company will continue to provide service and support for all existing **sleep and respiratory care devices** for both patients and healthcare providers.
- **Not a Full Shutdown:** The company is not shutting down or going out of business; rather, it is restructuring its sales operations for specific product categories in one market.
Overview of Operational Status
| Aspect | Status in the U.S. | Implications |
|---|---|---|
| Sale of New Sleep Apnea Machines | Discontinued | New devices will not be available from Philips Respironics in the U.S. |
| Service for Existing Devices | Maintained (Ongoing) | Current users will continue to receive support and service for their devices |
| Overall Company Status | Operational (with a focused shift for specific products in the U.S.) | Philips Respironics remains an active company, adapting its business model |
