Philips Healthcare Company Description
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.
View the Comprehensive Company Description for Philips Healthcare
The Company Description provides a historical perspective of Philips Healthcare's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Philips Healthcare's evolution in the marketplace.
