
 
 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. 
 
 As a technology company, we – and our brand licensees – innovate for people with one consistent belief: there’s always a way to make life better. 
 
 
 We have a proud heritage of ground-breaking innovation that stretches back over 130 years. Meaningful innovation – focused on our customers’ needs – remains at the heart of everything we do. 
  ~9% of sales
 invested in R&D
 in 2024
 ~50% 
 
 software/data science focus in R&D in 2024 
 50,500 
 
 patent rights 
 #1 company 
 
 for MedTech patent filings 
 with European Patent Office in 2024 
 Clarivate Top
 100 Global Innovator ™ 
 
 12th year in a row 
 ~9% of sales 
 
 invested in R&D
 in 2024 
 ~50% 
 
 software/data science focus in R&D in 2024 
 #1 company 
 
 for MedTech patent filings with European Patent Office in 2024 
 50,500 
 
 patent rights 
 Clarivate Top 100 Global Innovator ™ 
 
 12th year in a row 
 
 
 As a responsible company, we operate sustainably, to high Environmental, Social and Governance (ESG) standards. We continue to embed sustainability ever deeper in the way we do business – in our own operations and beyond, together with our partners. 
A diverse and inclusive workplace
 
 The continued success of our company depends on every employee feeling valued, respected, and empowered to contribute fully. 
    The wage differentials report for Philips Medical organization included reference to all employees who worked at Philips Medical during 2024.
Over 130 years of people-focused innovation
 
 Products come and go... Technologies change... But Philips is still about one thing: Creating meaningful innovation that improves people’s health and well-being 

Delivering innovation that matters to you
 
 At Philips, we want people to be healthy, live well and enjoy life. We are a technology company that cares about people and the planet. 
Inspiring us to improve further

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