Over the past decade we have transformed into a focused leader in health technology

Over the past decade we have transformed into a focused leader in health technology

Driven by purpose

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.

Our strategy

We consider people’s entire health journey

Our strategy
At Philips, we see healthcare as a connected whole. Helping people to live healthily and prevent disease. Giving clinicians the tools they need to make a precision diagnosis and deliver personalized treatment. Aiding the patient's recovery at home in the community. All supported by a seamless flow of data.

Innovating to address global health challenges


We have a proud heritage of ground-breaking innovation that stretches back almost 130 years.
Meaningful innovation – focused on our customers’ needs – remains at the heart of everything we do.
€ 1.8 billion

invested in R&D
in 2021
50%

software/data science focus in R&D
57,000

patent rights
#1  medtech company

in Boston Consulting Group’s 2020
‘Top 50 most innovative companies’
Derwent Top
100 Global Innovator ™


8th year in a row
€ 1.8billion

invested in R&D
in 2021
50%

software/data science focus in R&D
#1  medtech company

in Boston Consulting Group’s 2020
‘Top 50 most innovative companies’
57,000

patent rights
Derwent Top 100 Global Innovator ™

8th year in a row
Yet in an industry as fast-moving as ours, we can rarely innovate in isolation. Increasingly, this means partnering with healthcare providers, start-ups, universities (especially university hospitals) and other companies.
Noun Earth Icon

Doing business responsibly and sustainably

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.

Our people

A diverse and inclusive workplace  

The continued success of our company depends on every employee feeling valued, respected, and empowered to contribute fully.
We are a diverse team made up of some 80,000 individuals across over 100 countries, all with different backgrounds, perspectives and experiences.

We value these differences – they’re what make creativity and innovation flourish.

We want Philips to be the best place to work for people who share our passion.

Philips Israel public equal pay report for 2021

 

The wage differentials report for Philips Medical organization included reference to all employees who worked at Philips Medical during 2021.

Our management structure combines responsible leadership and independent supervision

Our history

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

Our brand

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.

Awards and recognition

Inspiring us to improve further


The awards and recognition we receive inspire us to continue driving improvement in every aspect of our business.

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