Philips Healthcare · Andover, MA United States
Company Description
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It may not turn the world day-glo, but Philips Healthcare (formerly Philips Medical Systems) makes it easier to get a look on the inside of things. Its parent company, Royal Philips Electronics , developed the first X-ray tube for medical use in 1896. Today, Philips Healthcare is a top global maker of medical imaging equipment, including X-rays, ultrasound, MR (magnetic resonance), and CT (computed tomography) scans. The firm also makes patient monitors, resuscitation products, and data management systems, and it offers consulting, financing, training, and maintenance services. Philips Healthcare accounts for a quarter of its parent's sales and has operations in more than 60 countries. To read the full description, subscribe now.
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Key Philips Healthcare Financials
| Company Type | Subsidiary Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $0.4 |
| Employees | 8 |
Philips Healthcare Executives
23 executives listed for Philips Healthcare's Andover, MA location.
| Title | Name & Bio | Contact |
| CEO | Stephen Rusckowski | Network |
| CFO | Ron Wirahadiraksa | Network |
| CIO, Philips Medical Systems | Kenric Anderberg | Network |
Competition
Competitive Landscape for Philips Healthcare
Demand is driven by population demographics and advances in medical knowledge and technology. The profitability of individual companies depends on the ability to develop superior products. Large companies have economies of scale in manufacturing and R&D. Small companies can compete successfully by specializing in a particular market segment, or through technical innovation. To read the full description, subscribe now.Top Philips Healthcare Competitors
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