How do I debug or visualise my ARM USB HID project on Mac
There is Gamepad Companion, and ControllerMate that let you configure the USB HID to keyboard presses, but they don't have a display like the windows tool. Some of the Xbox HID drivers do, but only for the xbox controllers.

If you just need to see when the buttons on your hid device are pressed, you could use Snes9x, map them to the buttons in the controller setup, and it will display what buttons are pressed when you press them. Doesn't display any axis information.

Edit: HID Wizard has a visual setup as well. Again, no axis information. Dolphin the gamecube/wii emulator does have axis information, but geared towards a gamecube like controller.

Afaik, there is no random/arbitrary hid profile display like the windows tool.