Philips

What Philips does

Koninklijke Philips N.V. is a Dutch health-technology company founded in 1891 and headquartered in Eindhoven, Netherlands, operating in more than 100 countries with approximately 67,300 employees. The company runs two principal segments. Consumer Personal Care produces electric shavers (including the OneBlade line and the i9000 Prestige Ultra), Sonicare electric toothbrushes, Lumea IPL hair-removal devices, Avent baby products, and connected personal-care devices. Professional Healthcare supplies hospitals and health systems with diagnostic imaging (MRI, CT), ultrasound, image-guided therapy, patient monitoring, and clinical informatics. Across both segments, hardware is increasingly paired with proprietary software and connected features such as SenseIQ Pro, BeardSense scanning at 125 Hz, and SkinIQ Pro to enable personalization and recurring consumables revenue.

Revenue is generated through three mechanisms: (1) consumer product sales via mass retail and direct-to-consumer channels, anchored by the #1 global electric-shaving brand; (2) recurring revenue from replacement-blade and brush-head subscription programs tied to the connected-device installed base; and (3) enterprise sales of medical-imaging, monitoring, and informatics systems to hospitals and health systems. R&D intensity is approximately 9% of sales, with roughly half of R&D investment directed at software and data science, supporting a portfolio of approximately 50,500 patent rights. Philips has stated an ambition to improve 2.5 billion lives per year by 2030 and has been recognized on the Clarivate Top 100 Global Innovator list for the 13th consecutive year, holding the #1 position in MedTech patents at the European Patent Office in 2025.

Name

Philips

Legal name

Koninklijke Philips N.V.

Website

https://philips.nl

Company type

Public

Founded year

1891

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Koninklijke Philips N.V. is a Dutch health-technology company founded in 1891, operating across 100+ countries with about 67,300 employees. It sells consumer personal-care products (shavers, Sonicare, Lumea IPL, Avent) and professional healthcare equipment (MRI, CT, patient monitoring) to consumers and hospitals.

Ownership category

akta.pro rank

Product category

Consumer Health & Personal Care Electronics

NAICS

Cosmetics, Beauty Supplies, and Perfume Retailers (456120), Health and Personal Care Retailers (456), Medical Equipment and Supplies Manufacturing (3391)

SIC

Perfumes, Cosmetics & Other Toilet Preparations (2844), Electric Housewares & Fans (3634), Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Hair & Scalp Devices/Tools (Dryers, Straighteners, Brushes) (CRABABAG)

Keywords

• Personal care products
• Medical imaging systems
• Oral care devices
• Professional healthcare equipment
• Consumer electronics lighting

Headquarters

HQ city

Eindhoven

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Marketing or Sales, Operations

Revenue model

1. Consumer Personal Care Products: Sales of personal care products including shavers, trimmers, toothbrushes, IPL devices, and accessories. Revenue from both one-time product sales and recurring accessory/replacement blade sales.
2. Subscription Services: Recurring subscription revenue from OneBlade blade subscriptions and Sonicare brush head subscriptions, delivering replacement products on customer-selected schedules
3. Professional Healthcare Equipment: Sales of medical imaging systems, patient monitoring solutions, diagnostic equipment, and healthcare IT solutions to hospitals and clinics
4. Try & Buy Payment Plans: Flexible monthly payment plans for premium products like Lumea IPL, allowing customers to try before committing to full purchase

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Philips designs, manufactures, and sells consumer personal care and home products (electric shavers and OneBlade trimmers, Sonicare toothbrushes, Lumea IPL hair removal devices, Avent mother-and-baby products, lighting, audio/video, and small home appliances) and professional medical technology (patient monitoring, ultrasound, MRI, CT, image-guided therapy, and diagnostic informatics systems) to individual consumers, hospitals, and clinicians in more than 100 countries.

Product overview

Philips is a diversified technology company offering a broad portfolio of consumer and professional products organized into distinct divisions. The consumer segment includes personal care products (electric shavers under the OneBlade and S-series lines, beard/hair trimmers, body groomers, IPL hair removal devices under Lumea, and epilators), oral care (Sonicare electric toothbrushes and power flossers), mother and baby care (Philips Avent brand covering breast pumps, bottles, and monitors), home appliances (kitchen, air quality, floor care), and lighting (Philips Hue smart lighting, consumer bulbs). The professional healthcare division provides enterprise medical technology including patient monitoring, ultrasound, MRI, CT, image-guided therapy, diagnostic informatics, and sleep therapy solutions. Additional B2B offerings include professional displays, dictation solutions, and automotive lighting. The portfolio operates as a multi-brand platform where sub-brands like Philips Avent, Philips Hue, and Philips Sonicare serve as distinct product ecosystems within the broader Philips umbrella, while the healthcare division maintains separate professional product lines for clinical settings.

Differentiator

Problem solved

Functional benefit

Brands

• Philips Avent: Mother and child care products including breast pumps, baby bottles, sterilizers, and baby monitors
• Philips Hue
• Philips Norelco
• Philips Sonicare

Products and services

• Philips Electric Shavers (S-series and i9000 Prestige Ultra)
• Philips OneBlade
• Philips OneBlade Intimate
• Philips Beard Trimmers (3000/5000/7000 Series)
• Philips Hair Clippers (3000/5000/7000/9000 Series)
• Philips Body Groomers (3000/5000/7000 Series)
• Philips Lumea IPL 9900 Pro
• Philips Lumea IPL 9000
• Philips Lumea IPL 8000
• Philips Lumea IPL 7000
• Philips Epilator Series (4000/8000/9000)
• Philips Sonicare Electric Toothbrushes
• Philips Power Flosser
• Philips DreamStation Sleep Therapy
• Philips Avent Mother & Baby Care Line
• Philips Hue Smart Lighting
• Philips AmbiLux TV
• Philips Monitors
• Philips Projectors
• Philips Hearing Solutions
• Philips Patient Monitoring
• Philips Ultrasound
• Philips Image-Guided Therapy
• Philips Diagnostic and Clinical Informatics
• Philips MRI Systems
• Philips Computed Tomography (CT)
• Philips Dictation Solutions
• Philips Professional Displays
• Philips Automotive Lighting

Quantifiable outcome

• Target to improve 2.5 billion lives per year by 2030
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature8 records

Partnerships

Three partnerships are on record, tiered minor and core.

• SignifyminorGTM or Marketing Partner · 10 November 2025Signify (formerly Philips Lighting) launched a Philips D2C website for direct consumer sales of lighting products. This represents a go-to-market partnership for consumer lighting distribution.
• Wipro LightingminorStrategic or Co-development Partner · 10 November 2025Wipro Lighting partnered with Israel's Aura Air for intelligent lighting solutions in the professional lighting segment.
• Pioneering HospitalscoreStrategic or Co-development Partner · 3 October 2024Pioneering hospitals taking major steps towards decarbonizing healthcare with Philips, representing collaborative sustainability initiatives in healthcare.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Beurer: Beurer is a direct peer in personal health and care devices (shavers, epilators, IPL, thermometers, baby monitors) competing with Philips' Avent and Lumea lines across European retail channels and D2C storefronts.
• Braun (Procter & Gamble): Braun is the closest direct competitor to Philips in electric shavers, beard trimmers, and hair care tools (dryers, straighteners) globally, with overlapping retail presence in consumer electronics and personal care categories and similar premium positioning.
• Oral-B (Procter & Gamble): Oral-B is the principal direct competitor to Philips Sonicare in the global electric toothbrush and oral care category, with comparable subscription/brush-head replacement models and overlapping retail channels.
• Panasonic: Panasonic competes head-to-head with Philips in men's electric shavers, beard trimmers, body groomers, and hair dryers across global consumer electronics channels, sharing similar premium-tier product ladders and distribution.
• Dyson: Dyson is a direct competitor in premium hair care tools (dryers, straighteners, curlers) and increasingly in adjacent personal care categories, sharing a high-tech, premium-priced positioning that competes for the same consumer wallet share as Philips Lumea and hair stylers.
• Wahl Clipper Corporation: Wahl is a direct peer in professional and consumer hair clippers and beard trimmers, with strong presence in barber/salon channels and a comparable mass-market consumer product line competing with the Philips 3000-9000 series clippers and trimmers.
• Conair: Conair is a direct peer in personal care appliances (hair dryers, straighteners, shavers, trimmers, epilators) targeting similar mass-market and mid-tier consumers through overlapping retail and D2C channels.

Broad incumbents

• GE HealthCare: GE HealthCare is a broad incumbent competitor to Philips' professional healthcare division in medical imaging (MRI, CT, ultrasound), patient monitoring, and diagnostic informatics, addressing the same hospital and clinic customers with overlapping portfolio.
• Siemens Healthineers: Siemens Healthineers is a broad incumbent competitor in imaging, image-guided therapy, and diagnostic IT, with comparable enterprise hospital sales motions and overlapping installed base targets to Philips' Healthcare division.
• ResMed: ResMed is a broad incumbent peer in sleep therapy (CPAP, BiPAP) and connected respiratory care, directly comparable to Philips' DreamStation sleep therapy line and competing for the same patient, clinician, and payor ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/philips
• Xx.com/Philipsnl

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Philips