Koninklijke Philips NV is a health technology company. The company operates through three segments – Diagnosis and Treatment, Connected Care, and Personal Health. Its Diagnosis and Treatment segment comprises systems, smart devices, software and services based on artificial intelligence (AI)-enabled informatics that facilitate precision diagnoses and minimally invasive procedures in therapeutic areas such as cardiology, peripheral vascular disease, neurology, surgery, and cancer. This segment’s areas of business include diagnostic imaging, ultrasound, enterprise diagnostic informatics, and image-guided therapy. Its Connected Care segment offers solutions that unite devices, informatics, data and people across care networks. Philips connects patients and caregivers in care settings, delivering clinical, operational and therapeutic solutions. The Connect Care segment covers areas of business such as hospital patient monitoring, emergency care, sleep and respiratory care, and connected care informatics. The Personal Health segment covers areas of business such as oral healthcare, mother and childcare, and personal care products including shavers, groomers, trimmers, and hair clippers. The company’s HealthSuite platform carries out the development and deployment of digital propositions spanning the health continuum, facilitating better health outcomes, improved patient/consumer and staff experience, and lower cost of care.
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