In 2024, Philips invested approximately EUR 1.7 billion – or an industry leading >9% of sales – in research and development to help drive better care for more people. Philips is increasingly focusing its innovation efforts on the potential of data and AI, both in hospital settings and at home. As a leader in AI-related patent applications in healthcare, Philips dedicates around half of its R&D workforce to these fields.
Examples of Philips’ AI-powered innovations that increase caregiver productivity and deliver better care for more people include:
- the Philips CT 5300, which combines innovative hardware, software, and AI to make high-quality screening, diagnostic, and interventional imaging accessible to more patients
- the latest SmartSpeed Precise MRI technology, which enables scans to be completed up to three times faster, significantly cutting scan times while maintaining exceptional image quality
- the next-generation AI-enabled cardiovascular ultrasound platform with advanced AI tools to advance cardiovascular imaging and increase automation and productivity
- the new Azurion image-guided therapy system and advanced informatics to enhance minimally invasive diagnosis and treatment of stroke and other neurovascular patients
The Top 100 Global Innovators uses a complete comparative analysis of global invention data to assess the strength of every patented idea, using measures tied directly to their innovative power.
visit:innovatorawards.org
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