Philips

What Philips does

Koninklijke Philips N.V. (Royal Philips) is a Dutch health technology company founded in 1891 and headquartered in the Netherlands, dual-listed on NYSE (PHG) and Euronext Amsterdam. Philips serves two distinct end markets. On the professional healthcare side it sells medical imaging systems (MRI, CT, ultrasound including the MR BlueSeal MRI and AI-enabled CT 5300), sleep and respiratory care devices (DreamStation CPAP/BiPAP, Trilogy Evo ventilators, Everflo oxygen concentrators, neonatal ventilators), connected care platforms (IntelliBridge Enterprise data integration, cloud-enabled digital pathology on AWS) and hearing solutions, addressed through enterprise field sales to hospitals and health systems. The MR foundational model co-developed with NVIDIA (May 2025) and the cloud-enabled digital pathology portfolio on AWS represent the company's push into AI-native diagnostics.

On the consumer side Philips markets personal care devices (OneBlade, electric shavers with SkinIQ, body groomers, trimmers, VisaPure facial cleansing), oral care (Sonicare electric toothbrushes, AirFloss, Zoom! whitening), mother & child care (Philips Avent), audio (soundbars, Bluetooth speakers, headphones, earphones), household appliances (vacuum cleaners, irons, coffee machines, air purifiers), and lighting (Philips Hue, consumer lighting). Consumer revenue flows through multi-channel distribution including Amazon, Flipkart, Reliance retail, and shop.philips.co.in, with a stated No. 1 position in electric shaving per Euromonitor.

The business model combines hardware sales with recurring revenue streams (consumables such as brush heads, replacement blades, and CPAP/BiPAP supplies; software/data platforms such as IntelliBridge Enterprise; IP licensing across approximately 53,000 patent rights) supported by R&D spend above 9% of sales. The lighting business was historically spun off into Signify (Philips Lighting), though Philips continues to release AI-driven smart lighting products. Philips India operations include the Innovation Campus in Bangalore (R&D), a Gujarat office supporting MedTech ecosystem engagement, and a multi-channel consumer presence across India.

Name

Philips

Legal name

Koninklijke Philips N.V.

Website

https://philips.co.in

Company type

Public

Founded year

1891

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Philips is a Dutch health technology company selling medical imaging, sleep and respiratory care, and connected care platforms to hospitals, and personal care, oral care, mother-and-child, audio, and lighting products to consumers globally.

Ownership category

akta.pro rank

Product category

Medical Devices & Consumer Health Technology

NAICS

Medical Equipment and Supplies Manufacturing (3391), Health and Personal Care Retailers (456), Electronics and Appliance Retailers (4492)

SIC

Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Personal Medical Devices & Home Diagnostics (Thermometers, Blood Pressure Monitors, Glucose Meters, Rapid Tests) (CRADAMAK)

akta.pro secondary industries

Connected Lighting & Smart Switches Retail (CRAIAMAB), Air Care & Home Fragrance (Air Fresheners, Candles, Plug-ins, Diffusers) (CRADAKAI), Hair Care (Shampoo, Conditioner, Styling, Treatments) (CRADANAE)

Keywords

• Medical imaging systems
• Personal care products
• Sleep respiratory care
• Connected care platforms
• Oral healthcare products

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Healthcare Technology & Solutions: Professional healthcare segment including medical imaging systems (MRI, CT, ultrasound), sleep and respiratory care devices, patient monitoring, and enterprise data integration platforms sold to hospitals and healthcare systems globally.
2. Consumer Lifestyle Products: Personal care products (electric shavers, grooming, oral care), mother & child care, audio equipment, household appliances, and lighting products sold to individual consumers through retail and e-commerce channels.
3. Professional Services & Enterprise Software: Connected care platforms, enterprise software solutions, and professional services for healthcare providers including IntelliBridge Enterprise data integration and cloud-based diagnostics.
4. R&D Licensing & IP: Royalty and licensing revenue from extensive patent portfolio of approximately 53,000 patent rights and technology licensing agreements.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels5 records

Core offering

Royal Philips (Koninklijke Philips N.V.) is a health technology company that manufactures and sells medical imaging systems (MRI, CT, ultrasound), sleep and respiratory care devices (DreamStation CPAP/BiPAP, ventilators, oxygen concentrators), connected care software platforms (IntelliBridge Enterprise, cloud digital pathology), and a consumer portfolio including Sonicare oral care, OneBlade shavers, Philips Avent mother & child care, home audio, air purifiers, and Philips Hue smart lighting. Products are sold to hospitals and healthcare providers through enterprise field sales, and to individual consumers through retail and e-commerce channels.

Product overview

Royal Philips is a diversified technology company operating across consumer lifestyle products and professional healthcare. The consumer portfolio includes personal care products (OneBlade electric shavers, beard trimmers, multigroomers, body groomers, VisaPure facial cleansing, Satinelle epilators and IPL), oral healthcare (Sonicare electric toothbrushes, AirFloss, Zoom! whitening), mother & child care (Philips Avent), haircare (straighteners, dryers, heated brushes), home audio (speakers, soundbars, headphones), air care (purifiers, humidifiers), lighting (Philips Hue smart lighting, consumer lighting), and kitchen/cleaning appliances. The professional healthcare portfolio includes sleep and respiratory care (DreamStation CPAP/BiPAP, ventilators, oxygen concentrators), medical imaging (MRI systems, CT scanners), digital pathology (cloud-enabled solutions), and hearing solutions. Philips operates as a platform-plus-modules architecture with core product lines supported by enabling technologies like IntelliBridge Enterprise for data integration and AI-driven diagnostic solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Philips Hue: Smart home lighting brand featuring connected LED bulbs, light strips, and smart lighting controls
• Philips Sonicare
• Philips Avent
• Philips DreamStation

Products and services

• DreamStation CPAP/BiPAP Sleep Therapy System Sleep apnea therapy device with EZStart, C-Flex/A-Flex, SmartRamp, and DreamWear masks designed to ease patient anxiety and improve long-term therapy compliance for obstructive sleep apnea patients.
• Philips Trilogy Evo Ventilator Ventilator for COVID care and respiratory support in clinical and hospital settings, sold under quotation-based enterprise pricing.
• Philips Everflo 5L Oxygen Concentrator Reliable and durable 5L oxygen concentrator with compact design for home and clinical respiratory therapy, MRP INR 63,863.
• Philips IntelliBridge Enterprise Data integration platform that unifies patient data from various medical devices and hospital systems, enabling faster, well-informed decision-making across care environments for hospital enterprises.
• Philips MR BlueSeal MRI System Advanced MRI diagnostic imaging system supplied to hospitals and healthcare partners for medical diagnostic use.
• Philips Cloud-Enabled Digital Pathology Fully cloud-enabled digital pathology offering built on AWS infrastructure to help laboratories transition from on-premise setups to cloud-based digital diagnostics.
• Philips OneBlade Face and body grooming product with Dual Protection Technology for trimming, edging and shaving any length of hair, featuring wet and dry use (IPX7), dual-sided blade, and a blade refill program.
• Philips Electric Shavers (Series 1000, 3000, 5000) World's No. 1 brand in electric shaving, with SkinIQ technology featuring SteelPrecision blades, Power Adapt sensor, 360-D Flexing heads, and wet/dry capabilities across Series 1000, 3000, and 5000 ranges.
• Philips Beard Trimmers and Multigroomers Grooming kits including Beard Trimmers 3000 series with Lift and Trim technology, Multigroomers 7000 series with Dual Cut technology, and Nose Trimmers with PrecisionTrim technology.
• Philips Bodygroomers (Series 1000, 3000) Body hair trimmers with a unique skin protection system, bi-directional 3mm trimming comb, and slim non-slip grip, including BG1025, BG1024, and BG3005 models.
• Philips Satinelle Epilators and IPL Hair Removal Wet and dry epilators including Satinelle Advanced with ceramic discs and the widest epilation head, Satinelle Essential, BRE710 Series 8000 with Opti Light technology, and Intense Pulsed Light (IPL) hair removal devices.
• Philips Sonicare Electric Toothbrushes Sonic electric toothbrushes delivering 31,000 brush strokes per minute with pressure sensor, QuadPacer and SmarTimer; Series 3100 (HX3671) removes plaque 3x better than manual toothbrushes.
• Philips Zoom! Whitening Professional teeth whitening delivering up to 8 shades whiter in 45 minutes, available as take-home or in-office treatments prescribed by dentists.
• Philips Avent Mother & Child Care Mother and child care range including breast pumps and care, baby bottles and nipples, bottle warmers and sterilizers, food makers, tableware, pacifiers, baby monitors and thermometers, and toddler sippy cups.
• Philips Soundbars TV soundbars including TAB4230 (2.1 channel, 300W, Flipkart exclusive Rs 19,999), TAB4518 (5.1 channel, 240W), TAB5309 (2.1 wireless subwoofer, DTS Virtual:X, Dolby Digital Plus), and TAB4120 mini soundbar (Rs 3,999).
• Philips Home Audio Systems Home audio systems including MMS8085B 8000-series 2.1 multimedia speakers (80W, Bluetooth, convertible to soundbar) and SPA8000B 5.1 surround sound (120W, FM tuner, multiple inputs).
• Philips Headphones and Earbuds Headphones including TAT1150 True Wireless Earbuds (55 hours playtime, ANC, 13mm drivers), TAT1269BK (40 hours playtime, IPX5), TAN1150BK Neckband (60 hours, AI noise cancellation), TAH8506BK Wireless (Noise Canceling Pro, 60 hours), and SHP9500 open-back headphones (Rs 12,999).
• Philips Air Purifiers and Humidifiers Air purification products including air purifiers, air humidifiers, professional air quality solutions, and tower fans for home and professional indoor environments.
• Philips Hue Smart Lighting Smart lighting ecosystem including connected LED bulbs, light strips, and smart lighting controls for connected home environments.
• Philips AI-Driven Smart Lighting Platform AI-driven smart lighting platform launched in November 2025 for energy-efficient and intelligent lighting control across indoor environments.
• Philips Hearing Solutions Hearing aids and hearing care solutions for individuals with hearing impairment.
• Philips AI-Enabled CT 5300 AI-enabled CT scanner launched in 2025 as part of Philips' strategic AI diagnostics product line for hospital imaging departments.
• Philips Automotive Lighting Car lights, motorcycle lights, driving recorders, jump starters, and car air purifiers for automotive applications.

Quantifiable outcome

• Removes plaque 3x better than manual toothbrush
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability10 records

Feature7 records

Partnerships

Four partnerships are on record, tiered flagship and core.

• Bajaj Integrated Health System (BIHS)flagshipStrategic or Co-development Partner · 16 June 2026Strategic partnership to establish a digitally connected care network across India leveraging Philips' IntelliBridge Enterprise data integration platform to unify patient data from medical devices and hospital systems. Philips additionally supplying advanced medical equipment including MR BlueSeal MRI system.
• NVIDIAflagshipTechnology or Integration · 1 May 2025Partnership to develop MR foundational model for improved MRI image quality and accelerated scan times, combining Philips' medical imaging expertise with NVIDIA's AI computing capabilities.
• DistillerSRcoreStrategic or Co-development PartnerPhilips Medical Systems participates in DistillerSR's Eureka-ITEA research consortium, a six-country international R&D network representing 45 countries, focused on AI-enabled literature review automation with GenAI capabilities.
• Amazon Web Services (AWS)coreTechnology or IntegrationPhilips' digital pathology portfolio built on AWS infrastructure, enabling cloud-based digital diagnostics transition for laboratories from on-premise setups.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Signify (formerly Philips Lighting): Spun off from Philips in 2016, Signify retains B2B/consumer lighting incumbency and now competes with Philips' relaunched Philips Hue and November 2025 AI-driven smart lighting platform — a direct peer through shared history and ongoing category overlap.
• GE HealthCare: Direct MedTech competitor with overlapping medical imaging (MRI, CT, ultrasound), patient monitoring and enterprise diagnostics portfolios sold to the same hospital and health-system buyers; spinoff of General Electric with comparable healthcare-technology positioning to Philips' professional healthcare segment.
• Fisher & Paykel Healthcare: Respiratory care and acute-care device competitor with overlapping CPAP, humidification and hospital ventilation offerings; closely comparable on use case, customer base and recurring consumables revenue model.
• Drägerwerk: Medical and safety technology company with overlapping hospital ventilation, neonatal care and patient monitoring products; competes with Philips' Trilogy Evo and neonatal ventilator lines on hospital procurement tenders.
• Siemens Healthineers: Direct peer in advanced medical imaging (MRI, CT), AI-enabled diagnostics and enterprise hospital solutions; competes head-to-head with Philips on large hospital tenders and increasingly on AI-native imaging workflows.
• ResMed: Sleep apnea and respiratory-care specialist; competes most directly with Philips' DreamStation CPAP/BiPAP franchise and broader sleep & respiratory portfolio for patient, provider and payer mindshare.

Broad incumbents

• Procter & Gamble: Owns Oral-B (direct competitor to Philips Sonicare) and Gillette (competes in male grooming/electric shavers); broader incumbent in personal care and grooming with deep consumer-marketing muscle versus Philips' personal-care franchises.
• Panasonic: Diversified electronics incumbent with overlapping personal-care (shavers, trimmers, epilators), audio and household appliance lines; competes with Philips across price tiers in India and other consumer markets.
• Medtronic: Larger diversified MedTech incumbent with overlapping therapeutic and diagnostic device franchises; competes with Philips across surgical, patient monitoring and connected care categories as part of a much broader portfolio.
• Johnson & Johnson MedTech: Global MedTech division of J&J, operating across surgery, orthopedics and interventional solutions; overlaps with Philips' connected care and imaging offerings as part of a much wider healthcare portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/philipsindia
• Facebookfacebook.com/PhilipsIndia
• Instagraminstagram.com/philipsindia/?hl=en
• Xx.com/philipspr

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Philips