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)
Characteristic
Personal Health
Diagnosis & Treatment
Connected Care
Other
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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 August 24, 2024, 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 August 24, 2024. 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: August 24, 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, 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 August 24, 2024)
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/