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Discover all trending biotech companies
Discover all trending biotech companies
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Annual Revenue
$ 17,980,000,000
Global Employees
68,419
This segment focuses on providing comprehensive diagnostic imaging solutions and integrated interventional systems. Research and development efforts are directed towards advancing technologies in magnetic resonance imaging (MRI), computed tomography (CT), X-ray systems, and molecular imaging. The segment also develops proprietary software to enhance diagnostics and intervention, along with enterprise diagnostic informatics products and services. These technologies are applied in cardiology, general imaging, obstetrics/gynecology, and point-of-care applications, improving diagnosis accuracy, treatment planning, and patient outcomes. Philips' market positioning is strengthened by strategic partnerships and collaborations aimed at expanding the reach and impact of its diagnostic solutions.
The Connected Care Businesses segment is dedicated to providing solutions for acute patient management, emergency care, and sleep and respiratory care. Research and development activities in this area focus on developing advanced patient monitoring systems, telehealth solutions, and electronic medical record (EMR) systems. These technologies aim to improve patient outcomes by enabling remote monitoring, early intervention, and coordinated care delivery. The segment also addresses sleep disorders and respiratory conditions through innovative therapies and devices. Philips' connected care solutions are designed to enhance patient safety, reduce hospital readmissions, and improve the overall efficiency of healthcare delivery.
This segment encompasses a range of products and solutions aimed at improving personal health and well-being. Research and development efforts are focused on developing innovative products in oral healthcare, infant feeding, and male grooming. Technologies used in this segment include advanced brush head designs, digital parental solutions, and personalized grooming tools. These products are designed to improve oral hygiene, support healthy infant development, and enhance personal grooming routines. Philips' personal health products are marketed through various channels, including retail partnerships and online sales, with a focus on delivering high-quality, user-friendly solutions that empower consumers to take control of their health and well-being.