Philips is driven by the desire to improve people’s health and wellbeing through meaningful innovation, with an ambitious goal of improving 2.5 billion lives per year by 2030, including 400 million in underserved communities. With a heritage spanning more than 130 years, the company has addressed global health challenges by investing approximately 9% of sales in research and development in 2024, with roughly half of that focused on software and data science. The organization holds 50,500 patent rights and ranked as the No. 1 MedTech company for patent filings with the European Patent Office in 2024, earning recognition as a Clarivate “Top 100 Global Innovator” for the 13th consecutive year. Operating in over 100 countries with approximately 67,300 employees, Philips fosters a diverse and inclusive workplace where individuals with varied backgrounds and perspectives are empowered to contribute fully. The company partners extensively with healthcare providers, startups, universities and other organizations to accelerate innovation while embedding strong environmental, social, and governance standards into its operations and strategy.
