PHILIPS HEALTHCARE

Company Overview

Philips & Co. is a health technology company improving people’s health and wellbeing through meaningful innovation. It develops relevant, impactful solutions that address people’s needs while making a meaningful contribution to health and wellbeing. In 2021, Philips achieved a top score of 90 out of 100 in S&P Global Ratings’ assessment of its Environmental, Social, and Governance (ESG) strategies, targets, and performance – the highest score awarded by S&P in these areas.

Its business segments include Diagnosis & Treatment, Connected Care, and Personal Health. In 2021, Connected Care continued to play a crucial role in fulfilling patient and customer needs created by the COVID-19 global pandemic. In October 2022, Philips launched its augmented reality (AR) surgical navigation solution, ClarifEye.

Company's Business Segments

• Cardiology Portfolio : This provides advanced and integrated cardiology solutions Coronary artery disease, Structural heart disease, Electrophysiology, Precision diagnosis for cardiology, and General care solutions.
• Sleep Apnea Care : Philips Respironics offers innovative products for sleep and home respiratory care.
• Oncology solutions : This provides screening and detection through surveillance, assessment, and follow-up care, as well as data-driven insights into the patient's pivotal moments.
• Philips Healthcare smart, connected radiology solutions : Deliver precision diagnosis and treatment with the company's radiology solutions.
• Mother & Child Care : This segment offers a wide portfolio of fetal monitoring during pregnancy, neonatal positioning, feeding and monitoring, neonatal care solutions, and infant soothing at home.
• Anesthesia : This covers a complete range of perioperative care.
• Critical Care : This segment offers Advanced physiologic monitoring and clinical informatics, Tele-health technologies that assist with patient management, Multi-platform, network-wide compatibility with IT infrastructure, and point-of-care imaging facilitation.
• Home Respiratory Care : This segment provides COPD therapies and respiratory care (Asthma and oxygen solutions).