About the company
Philips, a globally diversified healthcare company, has established itself as a leader in the industry by operating in three key segments: diagnosis and treatment, connected care, and personal health. With a strong focus on innovation and technology, Philips continues to develop groundbreaking solutions that enhance patient care and transform healthcare systems. The diagnosis and treatment segment, contributing approximately 50% of the company's revenue, is dedicated to providing healthcare professionals with advanced imaging systems and equipment. Philips offers a wide range of state-of-the-art medical imaging devices, including MRI scanners, CT scanners, and X-ray machines. These cutting-edge technologies help physicians in accurately diagnosing various medical conditions and delivering effective treatment plans. Furthermore, Philips is at the forefront of image-guided therapy solutions, which enable surgeons to perform minimally invasive procedures with precision and confidence. In addition, the segment also focuses on healthcare informatics, offering software solutions that enhance patient data management and facilitate seamless communication between healthcare providers. The connected care segment, contributing 27% of Philips' revenue, is aimed at transforming hospitals and healthcare systems through intelligent and connected solutions. This segment includes comprehensive monitoring and analytics systems that enable healthcare professionals to remotely monitor patients' vital signs and provide timely interventions. Furthermore, Philips has developed advanced sleep and respiratory care devices that assist in the diagnosis and treatment of sleep disorders and respiratory conditions. These innovative technologies not only improve patient outcomes but also optimize healthcare resources by reducing the need for physical hospital visits. The personal health business, accounting for the remaining revenue, focuses on delivering consumer-centric products that promote well-being and improve daily lives. Philips is renowned for its electric toothbrushes, offering advanced features such as pressure sensors and personalized brushing modes to ensure effective oral hygiene. Additionally, the company offers a range of men's grooming and personal-care products, including electric shavers, trimmers, and skincare devices. These products combine technological advancements with user-friendly designs, providing consumers with convenient and efficient solutions for their personal care needs. With a strong global presence, Philips operates in over 100 countries and employs approximately 80,000 dedicated professionals. The company's commitment to innovation and excellence has allowed it to continually adapt to the ever-evolving healthcare landscape and address the most pressing medical challenges. In 2021, Philips generated EUR 17.2 billion in sales, further solidifying its position as a leading healthcare company. Looking ahead, Philips continues to invest in research and development to pioneer new healthcare solutions and improve patient outcomes. By combining technological innovation with a deep understanding of customer needs, the company strives to make a positive impact on people's health and well-being worldwide.
Website: https://www.philips.com
Data updated: June 2, 2026
