In 2023, Philips spent approximately 827 million euros on research and development in its diagnosis and treatment segment, the largest R&D expense among the company's segments. This was followed by 663 million euros spent in connected care.
Philips' research and development expenses by segment from 2021 to 2023
(in million euros)
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Philips. (February 20, 2024). Philips' research and development expenses by segment from 2021 to 2023 (in million euros) [Graph]. In Statista. Retrieved January 09, 2025, from https://www.statista.com/statistics/496080/philips-research-and-development-expenses-by-segment/
Philips. "Philips' research and development expenses by segment from 2021 to 2023 (in million euros)." Chart. February 20, 2024. Statista. Accessed January 09, 2025. https://www.statista.com/statistics/496080/philips-research-and-development-expenses-by-segment/
Philips. (2024). Philips' research and development expenses by segment from 2021 to 2023 (in million euros). Statista. Statista Inc.. Accessed: January 09, 2025. https://www.statista.com/statistics/496080/philips-research-and-development-expenses-by-segment/
Philips. "Philips' Research and Development Expenses by Segment from 2021 to 2023 (in Million Euros)." Statista, Statista Inc., 20 Feb 2024, https://www.statista.com/statistics/496080/philips-research-and-development-expenses-by-segment/
Philips, Philips' research and development expenses by segment from 2021 to 2023 (in million euros) Statista, https://www.statista.com/statistics/496080/philips-research-and-development-expenses-by-segment/ (last visited January 09, 2025)
Philips' research and development expenses by segment from 2021 to 2023 (in million euros) [Graph], Philips, February 20, 2024. [Online]. Available: https://www.statista.com/statistics/496080/philips-research-and-development-expenses-by-segment/
