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In 2025, Philips generated approximately *** billion euros in sales from its diagnosis and treatment segment. This was a decrease in comparison to the sales value from the preceding year. Within the diagnostic and treatment segment, sales of diagnostic imaging products accounted for ** percent of all revenues. Furthermore, connected care accounted for **** billion euros of sales in 2025. 

History of Philips

While Philips, officially listed as Koninklijke Philips N.V, started out as a lighting company and then concentrated on electronics, today it is a company focused on healthcare and medical technology. Philips generated around ** billion euros in revenues in 2024 and is ranked among the leading medical technology companies in the world.

Philips in numbers

Philips spent over *** billion euros on research and development in 2024. In the same year, over ** thousand employees worked for Philips, with North America and Europe accounting for around **** and **** thousand workers, respectively. The diagnostics and treatment segment within the operations of Philips was forecast to continue to grow and account for an annual sale value of **** billion euros in 2024.