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

Creating value with sustainable impact

At Philips, we aim to deliver superior, long-term value to our customers and shareholders, while acting responsibly towards our planet and society, in partnership with our stakeholders.

Innovating to address global health challenges


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 2023

50%

software/data science focus in R&D

53,000

patent rights

#1  European company

for MedTech patent filings
with European Patent Office in 2022

Clarivate Top
100 Global Innovator ™


10th year in a row

~9% of sales

invested in R&D
in 2023

50%

software/data science focus in R&D

#1  European company

for MedTech patent filings with European Patent Office in 2022 

53,000

patent rights

Clarivate Top 100 Global Innovator ™

10th 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.

Our history

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

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.

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