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

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.

Find out more about our strategy and businesses

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 2020

50%

software/data science focus in R&D

59,000

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

€ 1.9billion

invested in R&D
in 2019

50%

software/data science focus in R&D

#1 medtech company

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

64,500

patent rights

Derwent Top 100 Global Innovator ™

7th 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.

Find out more

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.

Find out how we are driving global change

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.

Join our team

Our management structure combines responsible leadership and independent supervision

Executive Committee

The Executive Committee operates under the chairmanship of the Chief Executive Officer and supports the Board of Management in the deployment of Philips' strategy and policies, and the achievement of its objectives and results.

Meet our Executive Committee members

Supervisory Board

As a separate and independent body, the Supervisory Board supervises the policies of the executive management and the general course of affairs of Philips and advises the executive management.

Meet our Supervisory Board members

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