|
Sr. No. |
Item |
Description |
|
1 |
Company Name |
Koninklijke Philips N. V |
|
2 |
Website |
www.philips.com |
|
3 |
Established Date |
1891 |
|
4 |
Headquartered |
Amsterdam, Netherlands |
|
5 |
Market Position/ History |
Philips & Co was founded in 1891 in Eindhoven, the Netherlands, by Frederik Philips and his son Gerard. Early on, they capitalized on the growing availability of electricity by producing cost-effective and reliable incandescent light bulbs. The company quickly grew, becoming the largest private employer in the Netherlands by the early 1900s and establishing a strong culture of social responsibility. In 1914, Philips opened its first research laboratory, Philips Nat Lab, which pioneered innovations in lighting and health technologies such as X-ray tubes. Over the decades, Philips expanded its product range and influence, introducing iconic consumer products like the Philishave rotary electric razor in the 1930s, the compact cassette player in the 1960s, and the first video cassette recorder in the 1970s. The company also played a significant role in advancing digital technology with developments like the Compact Disc in the 1980s. Throughout the 1990s and into the 21st century, Philips shifted its focus toward human-centered design and user experience, aiming to create products that were easier to use and more comfortable. This people-centric approach culminated in a renewed commitment to health and well-being, driving innovation in health technology solutions that support value-based care. Today, Philips is dedicated to improving the lives of 2.5 billion people annually by 2030 through meaningful innovation in healthcare. |
|
6 |
Sales Area |
Worldwide |
|
7 |
Manufacturing Location |
Europe (Austria, Germany, Netherlands), Latin America (Brazil, Costa Rica), Asia-Pacific (China, India, Indonesia), Middle East (Israel), and North America (United States). |
|
8 |
Ticker |
AMS: PHIA |
|
9 |
No. of Employees |
67,283 (as of December 2024) |
|
10 |
Competitors |
|
|
11 |
CEO |
Roy Jakobs |
|
12 |
Ownership Type |
Public |
|
13 |
Contact Information |
Amstelplein 2, 1096 BC Amsterdam, Netherlands Tel: 31 20 5977777 |
Koninklijke Philips N.V. (Royal Philips) is the parent company of the Philips Group. On January 30, 2023, the company announced a shift to an end-to-end business model with single accountability in order to enhance agility and deliver sustainable value. Philips has transformed into a focused leader in health technology, driven by a clear purpose: to improve people's health and well-being through meaningful innovation. The company aims to positively impact 2.5 billion lives annually by 2030, including 400 million in underserved communities. With a strong commitment to responsible business practices, sustainability, and inclusive growth, Philips operates across three primary business segments—Diagnosis & Treatment, Connected Care, and Personal Health—supported by a fourth segment, Other, which includes breakthrough innovation and intellectual property management.
The Diagnosis & Treatment segment is at the core of Philips’ mission to provide precision diagnostics and minimally invasive therapies. It includes two major business units: Precision Diagnosis and Image-Guided Therapy. Precision Diagnosis focuses on diagnostic imaging technologies such as MRI, CT, X-ray, and ultrasound systems that integrate AI to enhance efficiency, sustainability, and clinical outcomes. Image-Guided Therapy delivers advanced interventional systems and smart devices for complex procedures, highlighted by platforms like Azurion and tools such as the VeriSight Pro ICE Catheter and LumiGuide Navigation Wire. With a strong innovation pipeline, this segment continues to support care providers in specialties like cardiology, neurology, oncology, and surgery.
Philips’ Connected Care segment addresses the increasing need to link patients and caregivers across various care settings, from hospitals to homes. The segment focuses on three areas: patient monitoring, enterprise informatics, and sleep and respiratory care. Patient Monitoring combines hospital and home-based technologies with integrated data solutions, while Enterprise Informatics delivers cloud-based clinical software and decision-support tools. Sleep & Respiratory Care supports chronic disease management, including sleep apnea, and is undergoing a business recovery process under a U.S. consent decree. The segment increasingly leverages AI, cloud partnerships, and digital innovation to enhance patient outcomes, improve care delivery, and support sustainability.
The Personal Health segment empowers consumers to manage their health and wellness through innovative digital and consumer technologies. It covers three main categories: Oral Healthcare, with Sonicare toothbrushes and subscription-based brush heads; Mother & Child Care, which includes feeding products and AI-enhanced baby monitors; and Personal Care, featuring grooming and beauty tools like OneBlade and IPL devices equipped with SkinIQ and SenseIQ technologies. This segment emphasizes personalized experiences, new business models (e.g., subscriptions, try-and-buy), and sustainability initiatives such as product refurbishments. Digital engagement through apps like Pregnancy+ and Baby+, as well as localized innovations tailored to regional preferences, position Philips strongly in global consumer health markets.
The Other segment includes Innovation & Strategy, intellectual property licensing, and central costs. Philips allocates about 10% of its R&D centrally to foster breakthrough and disruptive innovation. The company holds a substantial IP portfolio, comprising over 50,000 patents and 30,000 trademarks, generating significant royalty income. This segment plays a crucial role in supporting the company’s long-term strategic goals, enabling continuous innovation, and reinforcing Philips’ position as a global technology leader in health.
|
Product |
Product Description |
|
Philips Zoom! Whitening Products |
Zoom! In-Office Whitening
Zoom! Take-Home Custom Tray
Sonicare Take-Home Semi-Custom Tray
Philips Zoom! Whitening Pen
|
|
Philips Sonicare Teeth Whitening Products |
Philips Sonicare Teeth Whitening Kit Advanced
Philips Sonicare Teeth Whitening Kit Caring
Teeth Whitening Refill Advanced
Teeth Whitening Refill Caring
Kit Components (Example: Sonicare Teeth Whitening Kit)
|
|
Power Toothbrushes |
Philips Sonicare Prestige Power Toothbrush
Philips Sonicare DiamondClean Smart
Philips Sonicare ExpertClean (5000 and 7000 Series)
Philips Sonicare ProtectiveClean (5000 and 7000 Series)
Philips Sonicare 2300 Power Toothbrush
Philips Sonicare For Kids Power Toothbrush
Technology Features
|
|
Philips Sonicare Interdental Cleaning Solutions |
Power Flosser
Cordless Power Flosser
Technology Features Quad Stream Technology
|
|
Philips Sonicare Brush Heads |
Premium All-in-One (A3)
Premium Plaque Control (C3)
Premium Gum Care (G3)
InterCare (I)
Optimal Gum Care (G2)
DiamondClean (W) – Compact
DiamondClean (W) – Standard
DiamondClean (W) – Colour
Sonicare For Kids – Standard
Sonicare For Kids – Compact
Technology Features BrushSync Technology
Brush Head Replacement Reminders
|
Need a tailored company profile or competitive intelligence report? Our analysts are ready to help.
Contact Our ExpertsExplore all published company profiles across 30+ industry verticals.
View All Profiles