With a focus on data and AI, the company has introduced advancements in imaging, diagnostics, and image-guided therapy.

Royal Philips has been recognized by Clarivate as the only medical and biotechnology company in the Top 100 Global Innovators 2025. Philips, securing the number 38 spot, has been included in this assessment of global innovators for 12 consecutive years. 

Roy Jakobs, CEO of Royal Philips says in a release, “At Philips, we’ve been innovating for over 130 years to improve people’s lives. Innovation is our fundamental strength, the reason why customers choose us as their strategic partner and a key value driver for our company. Our portfolio of patient- and people-centric innovations in hardware, software, AI, and services drives healthcare productivity and empowers people to look after their health and well-being—delivering better care for more people.”

In 2024, Philips invested approximately EUR 1.7 billion—or over 9% of sales—in research and development. Philips notes in a release that it is “increasingly focusing its innovation efforts on the potential of data and AI, both in hospital settings and at home.” Philips dedicates around half of its research and development workforce to these fields. 

Examples of Philips’ AI-powered solutions include:

  • the Philips CT 5300, which combines hardware, software, and AI to make screening, diagnostic, and interventional imaging accessible to more patients
  • the latest SmartSpeed Precise MRI technology, which is designed to enable scans to be completed up to three times faster
  • the next-generation AI-enabled cardiovascular ultrasound platform with advanced AI tools designed to advance cardiovascular imaging and increase automation and productivity
  • the new Azurion image-guided therapy system and advanced informatics designed to enhance minimally invasive diagnosis and treatment of stroke and other neurovascular patients

The Top 100 Global Innovators uses a comparative analysis of global invention data to assess the strength of patented ideas. The full report can be found here.

Photo caption: CT5300 with AI-enabled workflow

Photo credit: Royal Philips