Company Overview
Over the last decade, Philips has transformed from a sprawling conglomerate across a range of electronics to a business focused on healthcare. Today, over 70% of revenue is from healthcare, including the sale of medical imaging equipment such as MRI, CT, ultrasound, and X-ray machines, as well as ventilators, respirators, CPAP machines, hospital monitors, and software. The rest of the business is consumer health products, such as Sonicare toothbrushes and men’s electric razors.
> 70%
of revenue is from healthcare
of revenue is from healthcare