Philips leads in medical technology patent filings, focusing on innovation and improving healthcare

From GlobeNewswire: 2025-03-25 04:15:00

Royal Philips was the leading applicant in medical technology at the European Patent Office in 2024, filing 594 Medtech patent applications. The company aims to improve healthcare delivery by integrating informatics and AI to enhance care quality and reduce costs. Philips improved the health of nearly 2 billion people in 2024 and remains on track to reach 2.5 billion by 2030. The company’s innovations include the Azurion system for neurovascular patients, AI tools for cardiovascular imaging, and the LumiGuide Navigation Wire for minimally invasive surgery. Philips invested EUR 1.7 billion in R&D in 2024 and holds a vast intellectual property portfolio.



Read more at GlobeNewswire: Philips demonstrates innovation power, topping European