Koninklijke Philips NV - Company Profile
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Business Description
Koninklijke Philips NV (Philips) is a health care technology company that provides solutions across the health continuum ranging from healthy living and prevention to diagnosis, treatment, and home care.
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R&D Overview
The company’s R&D focuses on developing new and innovative health technology services and solutions. It operates an Innovation Labs in Bangalore, India; Shanghai, China; Cambridge, the US, and Eindhoven, the Netherlands. The company’s IP portfolio consists of 56,000 patent rights, and it filed 920 new patents in 2022, with a focus on health technology services and solutions. In FY2022, the company incurred expenses of EUR2,103 million on R&D, which as a percentage of revenue, stood at 11.8%.
Business Segments
Overview
Operates in Hospital Patient Monitoring, Emergency Care, Sleep and Respiratory Care, and Connected Care Informatic business areas. Provides patient monitors, supporting the expansion of telehealth for ICU, ventilators, and oxygen, and delivering remote patient care safely.
Performance
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Overview
Includes Diagnostic Imaging, Enterprise Diagnostic Informatics, Image-Guided Therapy, and Ultrasound business. Diagnostic Imaging business provides computed tomography (CT), magnetic resonance imaging (MRI), diagnostic X-Ray, advanced molecular imaging, and integrated clinical solutions. Image-Guided Therapy provides interventional X-ray systems, encompassing cardiology, radiology and surgery, and interventional imaging and therapy devices. Enterprise Diagnostic Informatics provides a wide range of diagnostic including radiology, point-of-care, laboratory; and clinical service (oncology, cardiology, neurology). Ultrasound offers diagnosis, treatment planning, and guidance for cardiology, obstetrics/gynecology, general imaging, and point-of-care applications.
Performance
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Overview
Includes innovation and strategy, IP Royalties, and other small items.
Performance
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Overview
Consists of Oral Healthcare, Mother and Child Care, and Personal Care businesses. Major products include power toothbrushes, brush heads, breast pumps, baby bottles, sterilizers, shavers, OneBlade, groomers, trimmers, skincare, hair care, and hair removal products.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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