Philips one of top patent applicants European Patent Office – Philips

Roy Jakobs, CEO of Royal Philips, said "At Philips, our purpose is to improve peoples health and well-being through meaningful innovation. As such, we see huge opportunities to make a difference through innovation, design, and sustainability. We are partnering with our healthcare customers to increase productivity and deliver better care for more people, and we want to empower more people to take care of their health through our personal health propositions. Our portfolio of patient- and people-centric innovations in hardware, software, AI and services, supports care in the hospital and in the home, and we are the preferred strategic and innovation partner for many customers across the globe.

Emphasizing the potential of informatics and AI both within hospital settings and at home, Philips is increasingly focusing its innovation efforts on these fields. Philips is one of the leaders in AI-related patent applications in healthcare and deploys approximately half of its R&D workforce in software development. For example, Philips unlocks insights at scale from combined imaging and monitoring data pools to improve workflows, enhance caregiver and patient experience, and elevate care delivery, which positions the company as a global leader and trusted partner in software, data and AI.

Renowned as a global innovator in health technology, Philips invested approximately EUR 1.7 billion in research and development in 2023 to help drive better care for more people. With 9% of sales, this is well above the industry average. The company's extensive intellectual property portfolio includes 53,000 patent rights, 31,500 trademarks, 135,000 design rights, and 3,300 domain names.

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Philips one of top patent applicants European Patent Office - Philips