Silver Gala Sponsor: Philips focuses on improving people's health

Author: Benelux Chamber Shanghai

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Royal Philips (NYSE: PHG, AEX: PHIA), our Silver Gala Sponsor, is a leading health technology company focused on improving people's health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips' health technology portfolio generated 2017 sales of EUR 17.8 billion and employs approximately 74,000 employees with sales and services in more than 100 countries. News about Philips can be found at http://www.philips.com/newscenter.

 

China is the 2nd largest market as well as a “Home Market” like the Netherlands for Philips, which brought its products to China as early as in the 1920s and formed its initial joint venture in China in 1985. As a leading multinational company, headquartered in Shanghai, Philips now operates in over 600 cities. In China, Philips employs over 7,500 people focused on HealthTech.

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Philips is focused on the exciting opportunities in the area of health technology. We leverage advanced technology, deep clinical and consumer insights to driver the convergence of professional healthcare and consumer end-markets. By sharpening its focus on five strategic priorities: Personal Health, Definitive Diagnosis, Guided Therapy, Connected Care, and Health Informatics and Consulting Services, Philips strives to connect the health continuum through its HealthSutie digital platform, with a focus on four health spaces—Cardiology, Oncology, Respiratory, and Fertility, Pregnancy and Parenting (FPP), while partnering to deliver innovative integrated solutions to enable better health and better care at lower costs.

In healthy living and prevention, we have market-leading propositions that help people live healthier and better manage their health to prevent diseases, such as propositions that help people to cook healthy food, breathe clean air, maintain oral health, and enable better personal and homecare. Against the backdrop of the company’s new strategy, Philips is accelerating connected innovation around the theme of “health” to help users better manage their health. New connected products introduced by Philips include the Personal Health Management solution (Philips health watch), new generation smart Air Purifier, Orlando Bluetooth Toothbrush, SoniCare FlexCare Platinum Connected Toothbrush, SoniCare BreatheRx and FaceSmart.

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In diagnosis and treatment, we focus on definitive diagnosis and guided therapy by developing and integrating diagnostic methods to enable first-time-right diagnosis, pathway selection, while increasing the precision and application of minimally invasive interventions through real-time guidance. Currently, Philips offers diagnostic and treatment solutions and services such as ultrasound, diagnostic imaging, interventional therapy, patient care and monitoring, and health informatics solutions & services. In addition to advanced imaging systems, Philips also leverages its clinical expertise to develop software management systems based on the needs of different parts of clinical pathways, such as IntelliSpace Portal that enables image integration across modalities as well as Cardiovascular Data Repository and enterprise-wide patient monitoring solutions.

In home care, Philips possesses advanced wearable and mobile devices. By connecting hospitals with homes through connected devices, data and remote services, we can help healthcare professionals and patients improve post-acute health management to improve the quality of patients’ lives by enabling them to live on their own. For example, we offer post-acute management solutions for cardiovascular and strokepatients; home care solutions for COPD patients (BreatheMapper); and sleep care solutions for OSA patients (Dream Family).