Koninklijke Philips N.V.

Company Snapshot

Founded: 1891
Entity Type: Public
Employees: 69656
Region: U.S.
Revenue: $19,622.52 Millions
Revenue Year: 2023
Segment: Diagnosis & Treatment businesses
Headquarter: Amsterdam, Netherlands
Key Geographics: North America, Western Europe, Other mature geographies, Growth geographies
Corporate Address: High Tech Campus 52 5656 AG Eindhoven, The Netherlands Tel: +31-40-27-83651 Web: www.philips.com

Company Overview

Koninklijke Philips N.V. is a global health technology company. The company markets products in the following categories: mother and childcare; oral healthcare; male grooming and beauty; kitchen appliance; coffee, air, garment care and floor care products; and sleep, respiratory care and respiratory drug delivery products.

Philips has taken a leadership position in integrating liquid biopsy with imaging for cancer applications. Philips leads the LIMA consortium.

The Liquid Biopsies and Imaging for Improved Cancer Care initiative is being funded by the European Commission’s Horizon 2020 Research and Innovative Framework program. This is a four-year project (2018-2022) to increase the accuracy of both the genetic and functional characterization of primary breast and rectal cancer.

The project is evaluating technologies for analyzing CTC DNA from Agena Bioscience, DiaDx and Stilla Technologies; Angle’s Parsortix system for CTC isolation; and instruments for single CTC detection and selection by ALS Automated Lab Solutions. Royal Philips provides advanced magnetic resonance imaging (MRI) tools.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

This information is available for BCC Research members only.

Koninklijke Philips N.V. In Reports

Oncology Diagnostics: Global Markets

BCC Research Report: Dive into oncology diagnostics market revenues can be estimated based on the product category, by application, by end user and by region.

Digital Pathology: Technologies and Global Markets

BCC Research Report: Dive into digital pathology market report presents forecasted trends and sales projections for the digital pathology market through 2029.

Global Markets for Emerging Medical Device Technologies

BCC Research Report: Dive into emerging medical device market report presents a market analysis and estimates the CAGR(2021 and 2022) 2023 will be the base year, and 2024-2029 will be the forecasted year.

Company's Business Segments

  • Diagnosis & Treatment : Precision Diagnosis and Image Guided Therapy.
  • Connected Care : Monitoring, Sleep & Respiratory Care, and Enterprise Informatics.
  • Personal Health : Personal Health
  • Other

Applications/End User Industries

  • Cardiology
  • Peripheral Vascular
  • Neurology
  • Surgery
  • Oncology