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 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
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Products come and go... Technologies change... But Philips is still about one thing:
Creating meaningful innovation that improves people’s health and well-being
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.
The awards and recognition we receive inspire us to continue driving improvement in every aspect of our business.
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