Comparing the current results to its competitors, Koninklijke Philips Nv reported Revenue decrease in the 4 quarter 2025 year on year by -1.04 %, despite the revenue increase by the most of its competitors of 4.27 %, recorded in the same quarter.
Koninklijke Philips Nv's Comment on Competition and Industry Peers
Philips Group utilizes two peer groups for remuneration benchmarking and competitive analysis: the Quantum Peer Group and the TSR Performance Peer Group. The Quantum Peer Group primarily consists of Dutch and other European companies, with up to 25% US-based global companies of comparable size and scope. This group includes Alcon, Lonza, Ahold Delhaize, Baxter, BAE Systems, Nokia, AkzoNobel, Becton Dickinson, Dräger, Reckitt Benckiser, ASML, Boston Scientific, Ericsson, Roche, Heineken, GE Healthcare, Fresenius Medical Care, Siemens Healthineers, Medtronic, Getinge, Smith & Nephew, Stryker, GSK, and Thales. The TSR Performance Peer Group mainly comprises US-based healthcare companies, reflecting the significant presence of US-headquartered competitors. Companies in this group include Baxter, Alcon, Canon, Becton Dickinson, Elekta, Terumo, Boston Scientific, Fresenius Medical Care, Danaher, Getinge, GE Healthcare, Reckitt Benckiser, Hologic, Siemens Healthineers, Johnson & Johnson, Smith & Nephew, Medtronic, Resmed, and Stryker. These peer groups serve to benchmark business competitors and companies competing for executive talent in the healthcare, technology-related, and consumer products sectors.
Competitors identified in Philips filings include Ahold Delhaize, AkzoNobel, Alcon, ASML, BAE Systems, Baxter, Becton Dickinson, Boston Scientific, Canon, Danaher, Dräger, Elekta, Ericsson, Fresenius Medical Care, GE Healthcare, Getinge, GSK, Heineken, Hologic, Johnson & Johnson, Lonza, Medtronic, Nokia, Reckitt Benckiser, Resmed, Roche, Siemens Healthineers, Smith & Nephew, Stryker, Terumo, and Thales.
August 20, 2024
In an era where healthcare is increasingly grappling with staffing shortages and rising patient demands, innovative partnerships are essential to improving patient outcomes. A notable example of this trend is Carilion Clinic s recent collaboration with Royal Philips, a global leader in health technology, to expand access to quality cardiac care at its future Cardiovascular Institute located in the Crystal Spring Tower in Roanoke, Virginia. As healthcare systems across the United States confront unprecedented challenges, the integration of advanced technologies has never been more critical. The Future Health Index (FHI) survey from Philips highlights that a staggering 88% of U.S. healthcare leaders regard the...
July 17, 2024
AMSTERDAM and CINCINNATI - Royal Philips, a global leader in health technology, and Bon Secours Mercy Health (BSMH), one of the nation s largest Catholic health systems, have entered into a multi-year strategic collaboration for patient monitoring. This collaboration aims to empower BSMH clinicians by reducing their digital burden and allowing them more quality time to spend with patients. Through this partnership, BSMH will have access to the latest monitoring innovation from Philips.The collaboration between Philips and BSMH is set to address the increasing digital workload faced by healthcare professionals, which often takes away valuable time from patient care. By leveraging Philips advanced technology ...
Michigan Department of Health and Human Services Expands Philips Avent Pregnancy+ Program; Nearly 80% of Users Say App Has Helped Them Learn More About Locally Available Maternal Health Resources CAMBRIDGE, Mass. and LANSING, Mich. - In an effort to improve access to care and enhance the resources available to Medicaid-eligible Michigan families, the Michigan Department of Health and Human Services (MDHHS) has extended its contract with Royal Philips, a global leader in health technology. This extension allows Medicaid-eligible families to access new and premium content in the Philips Avent Pregnancy+ mobile app. The funding for this initiative comes from Governor Whitmer s Healthy Moms Healthy Babi...
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Inogen Inc is a medical device company that specializes in developing and manufacturing portable oxygen concentrators. Their business model involves designing and selling innovative oxygen therapy solutions directly to patients, healthcare providers, and home medical equipment providers. By eliminating the need for third-party distributors, Inogen Inc aims to provide cost-effective and accessible products that improve the quality of life for individuals relying on supplemental oxygen therapy.
Irhythm Technologies Inc is a healthcare company that focuses on providing remote cardiac monitoring solutions. Their business model revolves around offering wearable devices that continuously monitor heart rhythms, combined with cloud-based data analysis. They generate revenue by selling and leasing their devices, as well as providing analysis services and data reports to healthcare professionals.
Logicmark Inc's business model revolves around designing, manufacturing, and marketing personal emergency response systems (PERS) and related technology.
Sources:
Koninklijke Philips Nv’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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