Philips Posts EUR 18B 2025 Sales as Tele-Monitoring Market Nears $165B
Philips reported 2025 sales of EUR 18 billion and a workforce of 64,800. The global tele-monitoring services market is projected to grow from USD 36.59 billion in 2026 to USD 164.55 billion by 2035 at an 18.18% CAGR, led by North America and dominated by remote patient monitoring.
1. Annual Report 2025 Published
Philips has completed its Annual Report 2025 in European Single Electronic Format and will file its Form 20-F with the U.S. SEC later today, with its Annual General Meeting scheduled for May 8, 2026.
2. 2025 Financial and Operational Metrics
Philips reported 2025 sales of EUR 18 billion and a workforce of 64,800 employees, delivering diagnostic imaging, ultrasound, image-guided therapy, monitoring and personal health solutions across more than 100 countries.
3. Tele-Monitoring Market Growth
The global tele-monitoring services market is valued at USD 36.59 billion in 2026 and is projected to reach USD 164.55 billion by 2035 at an 18.18% CAGR, led by North America with Asia Pacific showing the fastest growth. Wearables and mobile devices drive the device segment, while rising chronic disease prevalence, aging populations and advances in IoT and AI underpin market expansion.