Philips, a publicly owned company headquartered in the Netherlands, was founded in 1891 and employs approximately 69,450 people. The multinational conglomerate is known for its diverse range of products and services, primarily in the fields of healthcare, consumer electronics, and lighting.
Philips unveiled a new artificial intelligence-backed patient monitoring innovation strategy on May 1, 2026, aimed at helping hospitals improve healthcare coordination and more effectively cope with projected workforce shortages worldwide. Earlier on the same day, Philips received U.S. Food and Drug Administration (FDA) 510(k) clearance for its Smart Fit TorsoCardiac 1.5T coil. This lightweight and flexible MR coil supports high-quality imaging while improving efficiency and patient comfort.
Subscribe for full access to Philips's products in full detail
Subscribe for full access to Philips's revenue in full detail
Subscribe for full access to Philips's products in full detail 
