Innovation | Philips (2024)

Innovation | Philips (1)

Philips has been improving people’s health and well-beingthrough meaningful innovation for over 130 years.Our impacthas always been driven by innovation, designandsustainability.​​​Now, we are in a unique position to help healthcareovercomesome of its biggest challenges ever. Bymaximizing ourinnovation impact, we can offer bettercare for more people.​​​

Giving back time​


Healthcare is not working as it needs to. Health systems all over the world are under tremendous pressure. ​​​​We want to give care providers more time to focus on what matters most – the patient – while making it easier for more people to take care of their own health and well-being at home.​

  • Innovation | Philips (2)

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    By clicking on the link, you will be leaving the official Royal Philips ("Philips") website. Any links to third-party websites that may appear on this site are provided only for your convenience and in no way represent any affiliation or endorsem*nt of the information provided on those linked websites. Philips makes no representations or warranties of any kind with regard to any third-party websites or the information contained therein.

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    By clicking on the link, you will be leaving the official Royal Philips ("Philips") website. Any links to third-party websites that may appear on this site are provided only for your convenience and in no way represent any affiliation or endorsem*nt of the information provided on those linked websites. Philips makes no representations or warranties of any kind with regard to any third-party websites or the information contained therein.

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    By clicking on the link, you will be leaving the official Royal Philips ("Philips") website. Any links to third-party websites that may appear on this site are provided only for your convenience and in no way represent any affiliation or endorsem*nt of the information provided on those linked websites. Philips makes no representations or warranties of any kind with regard to any third-party websites or the information contained therein.

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    By clicking on the link, you will be leaving the official Royal Philips ("Philips") website. Any links to third-party websites that may appear on this site are provided only for your convenience and in no way represent any affiliation or endorsem*nt of the information provided on those linked websites. Philips makes no representations or warranties of any kind with regard to any third-party websites or the information contained therein.

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    Solving real ​day-to-day challenges​​


    Innovation in Philips happens as close to our customers and consumers as possible, so we can work backwards from what they really need and solve their day-to-day challenges. We focus on innovations in monitoring, interventional, imaging, enterprise informatics and personal health.​

    Collaborate and co-create​


    Changing the healthcare system meansthat we need to collaborate and co-createinecosystems. We work closely togetherwith partners to build technology andsolutions together.​

    Insights from our clinical partners across the globe help us to develop and co-create sustainable solutions based on their needs.

    Through our extensive network of public-private partnerships we accelerate innovation by sharing access to technology, knowledge and data.

    Turning possibilities into great innovations

    ~9%of sales


    invested in R&D
    in 2023

    ~50%

    software/data science focus in R&D

    53,000

    patent rights

    #2company

    for MedTech patent filings
    with European Patent Office in 2023

    ClarivateTop
    100 Global Innovator™

    11th year in a row

    ~9% of sales

    invested in R&D
    in 2023

    ~50%

    software/data science focus in R&D

    #2company

    for MedTech patent filings with European Patent Office in 2023

    53,000

    patent rights

    ClarivateTop 100 Global Innovator™

    11th year in a row

    Philips Intellectual Property & Standards


    Supporting innovation and new business opportunities by offering access to Philips IP, know-how, technologies and brand licenses.

    Find out more

    Learn more about our innovation impact

    Ultrasound AI solutions​​


    From image acquisition to analysis, our ultrasound AI solutions integrate into clinical workflows and augment user skills. Clinicians stay in control of the ultimate decision.

    Find out more

    Radiology Operations Command Center​


    ​Radiology departments can do more with less by connecting experts with technologists and providing cross-training.

    Find out more

    BlueSealmagnet​


    PhilipsBlueSealmakes helium-free MRoperations the new reality, addressinghelium scarcity while securing thefuture for all MR patients.

    Find out more

    Innovation news and insights


    You may also find the following articles interesting

    • June 04, 2024 AI in cardiovascular ultrasound to diagnose more patients
    • May 30, 2024 Philips celebrates 1.9m liters of helium saved as it marks 1,111 helium-free MRI operations installs, expanding care to more patients in more locations
    • May 24, 2024 Philips expands global access to its ground-breaking 3D intracardiac echocardiography to Hong Kong
    • May 23, 2024 Philips successfully prices offering of Notes for EUR 700 million to be used for repayment of existing debt
    • May 22, 2024 Philips ePatch and AI analytics platform rolled out to 14 hospitals across Spain to monitor heart patients
    • May 21, 2024 Philips Foundation 2023 Annual Report: unlocking quality medical services for over 28 million people in underserved communities
    • May 17, 2024 Philips presents study results at Heart Rhythm Annual Meeting demonstrating benefits of its AI-powered cardiac monitoring solutions
    • May 15, 2024 Philips announces exchange ratio for 2023 dividend
    • May 07, 2024 Philips shareholders approve all proposals at the AGM 2024

    By clicking on the link, you will be leaving the official Royal Philips ("Philips") website. Any links to third-party websites that may appear on this site are provided only for your convenience and in no way represent any affiliation or endorsem*nt of the information provided on those linked websites. Philips makes no representations or warranties of any kind with regard to any third-party websites or the information contained therein.

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    Innovation | Philips (2024)

    FAQs

    What is the slogan of Philips company? ›

    No matter where your journey takes you, we are there with you. Because caring for your health is at the heart of everything we do.

    What is Philips business strategy? ›

    Strategy. As a health technology company, Philips is committed to driving progressive value creation through a strategy of focused organic growth, scalable patient- and people-centric innovation, and focus on reliable execution.

    Who is the owner of Philips? ›

    Philips
    Headquarters in Amsterdam, 2009
    FoundersGerard and Anton Philips
    HeadquartersAmsterdam, Netherlands
    Area servedWorldwide
    Key peopleFeike Sijbesma (Chairman) Roy Jakobs (CEO) Abhijit Bhattacharya (CFO)
    15 more rows

    Which country is the Philips company from? ›

    Philips & Co was founded in 1891 in Eindhoven, the Netherlands, by Frederik Philips and his son, Gerard.

    What is the Philips company controversy? ›

    'Significant milestones' The machines were made by the company's US subsidiary Philips Respironics. Users reportedly complained of black particles and dust appearing inside their masks. More than five million machines were ultimately recalled worldwide.

    What is the Phillips motto? ›

    Together, we make life better.

    What is the new name of Philips? ›

    Versuni India (formerly known as Philips Domestic Appliances) has unveiled its new manufacturing facility in Ahmedabad. The company's global CEO Henk S. de Jong and India CEO Gulbahar Taurani were present on the occasion.

    Why did Philips change their name? ›

    The choice of our new company name originates from the fact that light becomes an intelligent language, which connects and conveys meaning. The company will continue to use the Philips brand, the most trusted lighting brand in the world, under the existing licensing agreement with Royal Philips.

    Why is Philips stock dropping? ›

    The Amsterdam-based company has already lost around 70% of its market value in the past two years, as it continues to grapple with the fallout of a global recall of millions of respirators used to treat sleep apnea.

    What is Philips famous for? ›

    Philips, major Dutch manufacturer of consumer electronics, electronic components, medical imaging equipment, household appliances, lighting equipment, and computer and telecommunications equipment.

    Where is Philips headquarters in the world? ›

    Philips global headquarters, Amsterdam, the Netherlands.

    Is Philips a good brand? ›

    Independent analysis by Statista and Newsweek scores Philips highly for its trustworthiness with customers, investors, and employees.

    What is the mission statement of Philips? ›

    At Philips, our purpose is to improve people's health and well-being through meaningful innovation. We aim to improve 2.5 billion lives per year by 2030, including 400 million in underserved communities.

    What is the meaning of the Philips logo? ›

    The Current Emblem (1980s-Present)

    The three bold, blue lines radiating outward from the globe symbolize the company's commitment to innovation, progress, and improving people's lives. The lines also form the letter "P," signifying the Philips brand.

    What is Philips best known for? ›

    Philips, major Dutch manufacturer of consumer electronics, electronic components, medical imaging equipment, household appliances, lighting equipment, and computer and telecommunications equipment.

    What is Philips new name? ›

    Philips Lighting announces intention to change company name to Signify while keeping the Philips brand for its products. Philips Lighting today announced its intention to change its name from Philips Lighting to Signify.

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