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Philips demonstrates innovation power, topping European Patent Office Medtech filings in 2024

March 25, 2025 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that in 2024 it was the leading applicant in the field of medical technology at the European Patent Office (EPO), filing 594 Medtech patent applications. This achievement underscores the company’s ongoing dedication to transforming healthcare delivery […]



In 2024, Philips led Medtech patent applications at the European Patent Office with 594 filings. The company's innovations improved the health and well-being of nearly 2 billion people in 2024, and Philips invested approximately EUR 1.7 billion in research and development. Philips also contributed 1,231 European patent applications across various domains, the most of any Dutch company, and was included in the Clarivate Top 100 Global Innovators 2025.

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