The $4.8 billion Indian health care equipment market is dominated by three large multinational companies—Philips, GE Healthcare India, and Siemens—which together account for a major share of high-end equipment. Dutch company Philips, is the market leader. To keep ahead of the competition, Philips India’s operations will re-organize shortly Three factors,...
Philips Launches Healthcare Innovation Center in India
Royal Philips, a Netherlands-based company, launched its Healthcare Innovation Center in Pune, in the western state of Maharashtra – the first-of-its-kind in an emerging market. In an interview with Business Standard, Sameer Garde, president, South Asia, Philips Healthcare, said, “At present we are focused on diagnostic, therapy, treatment, post therapy,...
Philips Innovates for India and the World
Philips Healthcare Innovation Center (HIC) in Pune designs and makes equipment for local and global markets. In two years the facility has successfully doubled unit growth, launched global products, filed multiple patents and received significant investments. Their most recent innovation is the MobileDiagnost Opto, a mobile digital x-ray system that...