STOCK TITAN
  1. Home
  2. News
  3. PHG
  4. Philips Foundation 2024 Annual Report: expanding access to quality healthcare for 46.5 million people

Philips Foundation 2024 Annual Report: expanding access to quality healthcare for 46.5 million people

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Philips Foundation released its 2024 Annual Report, marking a decade of impact in healthcare accessibility. The Foundation helped provide quality healthcare access to 46.5 million people worldwide in 2024, up significantly from 28 million in 2023. The organization launched 22 new projects and made 5 new impact investments, expanding its reach in India and South America. Key initiatives included combating neglected diseases like rheumatic heart disease with the World Heart Federation and implementing ultrasound training programs with RAD-AID International. The Foundation continues to progress toward its 2030 goal of reaching 100 million people annually in underserved communities through locally embedded innovation and flexible financing models. Through Philips Foundation Impact Investments, the organization supports healthcare ventures in underserved settings, focusing on financially viable and locally rooted healthcare solutions.
La Philips Foundation ha pubblicato il suo Rapporto Annuale 2024, celebrando un decennio di impatto nell'accesso alle cure sanitarie. Nel 2024, la Fondazione ha contribuito a garantire l'accesso a cure di qualità a 46,5 milioni di persone nel mondo, un aumento significativo rispetto ai 28 milioni del 2023. L'organizzazione ha avviato 22 nuovi progetti e realizzato 5 nuovi investimenti a impatto, ampliando la sua presenza in India e Sud America. Tra le iniziative principali figurano la lotta contro malattie trascurate come la cardiopatia reumatica in collaborazione con la World Heart Federation e l'implementazione di programmi di formazione all'ecografia con RAD-AID International. La Fondazione continua a progredire verso l'obiettivo 2030 di raggiungere ogni anno 100 milioni di persone in comunità svantaggiate attraverso innovazioni radicate localmente e modelli di finanziamento flessibili. Attraverso Philips Foundation Impact Investments, l'organizzazione sostiene progetti sanitari in contesti svantaggiati, concentrandosi su soluzioni sanitarie economicamente sostenibili e radicate nel territorio.
La Fundación Philips publicó su Informe Anual 2024, marcando una década de impacto en la accesibilidad sanitaria. En 2024, la Fundación ayudó a proporcionar acceso a atención médica de calidad a 46,5 millones de personas en todo el mundo, un aumento significativo respecto a los 28 millones de 2023. La organización lanzó 22 nuevos proyectos y realizó 5 nuevas inversiones de impacto, ampliando su alcance en India y Sudamérica. Las iniciativas clave incluyeron la lucha contra enfermedades desatendidas como la cardiopatía reumática con la World Heart Federation y la implementación de programas de formación en ecografía con RAD-AID International. La Fundación continúa avanzando hacia su meta 2030 de alcanzar anualmente a 100 millones de personas en comunidades desatendidas mediante innovación local y modelos de financiación flexibles. A través de Philips Foundation Impact Investments, la organización apoya emprendimientos sanitarios en entornos desfavorecidos, enfocándose en soluciones de salud financieramente viables y arraigadas localmente.
필립스 재단은 2024년 연례 보고서를 발표하며 의료 접근성 분야에서 10년간의 성과를 기념했습니다. 2024년 한 해 동안 재단은 전 세계 4,650만 명에게 양질의 의료 서비스를 제공하는 데 기여했으며, 이는 2023년의 2,800만 명에서 크게 증가한 수치입니다. 재단은 22개의 신규 프로젝트를 시작하고 5건의 임팩트 투자를 진행하여 인도와 남미 지역에서 활동 범위를 확장했습니다. 주요 사업으로는 세계심장연맹(World Heart Federation)과 협력하여 류마티스성 심장병 같은 소외 질환과 싸우고, RAD-AID International과 함께 초음파 교육 프로그램을 시행하는 것이 포함됩니다. 재단은 2030년까지 저개발 지역에서 매년 1억 명에게 도달하는 목표를 향해 지속적으로 나아가고 있으며, 지역에 뿌리내린 혁신과 유연한 금융 모델을 통해 이를 실현하고 있습니다. 필립스 재단 임팩트 투자를 통해 재단은 저개발 환경에서 재정적으로 지속 가능하며 지역 특성에 맞는 의료 솔루션을 지원하고 있습니다.
La Fondation Philips a publié son rapport annuel 2024, marquant une décennie d'impact dans l'accès aux soins de santé. En 2024, la Fondation a aidé à fournir un accès à des soins de qualité à 46,5 millions de personnes dans le monde, une augmentation significative par rapport à 28 millions en 2023. L'organisation a lancé 22 nouveaux projets et réalisé 5 nouveaux investissements à impact, étendant sa présence en Inde et en Amérique du Sud. Parmi les initiatives clés figurent la lutte contre des maladies négligées telles que la cardiopathie rhumatismale avec la World Heart Federation et la mise en place de programmes de formation à l'échographie avec RAD-AID International. La Fondation poursuit sa progression vers son objectif 2030 d'atteindre chaque année 100 millions de personnes dans des communautés mal desservies grâce à des innovations ancrées localement et des modèles de financement flexibles. Via Philips Foundation Impact Investments, l'organisation soutient des projets de santé dans des contextes défavorisés, en se concentrant sur des solutions de santé financièrement viables et enracinées localement.
Die Philips Foundation veröffentlichte ihren Jahresbericht 2024 und feiert damit ein Jahrzehnt Einfluss auf die Zugänglichkeit im Gesundheitswesen. Im Jahr 2024 unterstützte die Stiftung weltweit 46,5 Millionen Menschen beim Zugang zu qualitativ hochwertiger Gesundheitsversorgung, was eine deutliche Steigerung gegenüber 28 Millionen im Jahr 2023 darstellt. Die Organisation startete 22 neue Projekte und tätigte 5 neue Impact-Investitionen, wodurch sie ihre Reichweite in Indien und Südamerika ausbaute. Wichtige Initiativen umfassten den Kampf gegen vernachlässigte Krankheiten wie rheumatisches Herzleiden in Zusammenarbeit mit der World Heart Federation sowie die Durchführung von Ultraschall-Schulungsprogrammen mit RAD-AID International. Die Stiftung arbeitet weiterhin auf ihr Ziel für 2030 hin, jährlich 100 Millionen Menschen in unterversorgten Gemeinden durch lokal verankerte Innovationen und flexible Finanzierungsmodelle zu erreichen. Über Philips Foundation Impact Investments unterstützt die Organisation Gesundheitsprojekte in benachteiligten Regionen mit Fokus auf finanziell tragfähige und lokal verwurzelte Gesundheitslösungen.
Positive
  • None.
Negative
  • None.
  • In 2024, Philips Foundation initiated 22 new projects and 5 new impact investments expanding its impact and reach in innovative healthcare delivery to India and South America
  • Celebrating a decade of impact with strong progress towards the Foundation’s 2030 goal to improve access to healthcare for 100 million people in underserved communities a year
  • The combined impact of longstanding strategic collaborations and new innovative partnerships with healthcare ventures affirm the Foundation’s approach to locally embedded innovation with flexible financing models to improve healthcare access

Amsterdam, the Netherlands – Marking its tenth anniversary, Philips Foundation today released its 2024 Annual Report, highlighting a year in which the Philips Foundation helped provide access to quality healthcare for 46.5 million people around the world – a significant increase from 28 million the year before.

This progress was driven by 22 new initiatives and five new early-stage capital impact investments that expanded Philips Foundation’s reach, channeling Philips’ health technology expertise to help address the growing burden of non-communicable diseases and maternal health challenges, predominantly at the primary care level in underserved communities.

“Today, half of the global population still does not have access to healthcare. Innovation and new digital technologies, combined with an ecosystem of partners, can improve health outcomes and make progress towards a future where quality healthcare is within reach for everyone,” said Marnix van Ginneken, Chair of the Board of the Philips Foundation. “The Foundation’s tenth anniversary marks an important milestone, demonstrating our continued commitment to addressing the critical needs of the world’s most vulnerable populations.”

Since it was established in 2014, Philips Foundation has brought healthcare solutions to some of the most remote and underserved regions across the globe – from rural clinics in Africa to urban slums in Latin America. These efforts included groundbreaking work to combat neglected diseases such as rheumatic heart disease in collaboration with the World Heart Federation, and cross-continental ultrasound training programs with RAD-AID International, enabling frontline healthcare workers to detect and prevent life-threatening conditions for people living in low-resource settings.

Philips Foundation continues to build scalable healthcare models by providing ventures early-stage capital through Philips Foundation Impact Investments, supporting locally driven innovation and accelerating access to healthcare in underserved settings. In 2024, Philips Foundation Impact Investments expanded its portfolio with new ventures from India and Latin America, reinforcing its commitment to financially viable, locally rooted healthcare innovation.

“Combining the impact of long-term strategic collaborations and new, innovative partnerships and early-stage investments, the Foundation has helped to embed healthcare innovations in the communities where they’re most needed, improving healthcare access,” Margot Cooijmans, Director of Philips Foundation and Philips Foundation Impact Investments, said. “We continue to increase the number of people that we reach with quality healthcare, bringing us closer to our ambition to reach 100 million people annually by 2030.”

To read the full 2024 Annual Report, click here.

For further information, please contact:

Yannick Eshuijs
Philips Foundation
Tel.: +31 6 34829512
E-mail: yannick.eshuijs@philips.com

About Philips Foundation

Philips Foundation is a registered non-profit organization established in 2014 – with a mission to provide access to quality healthcare for underserved communities across the globe. By leveraging Philips’ capabilities and combining them with the experience and expertise of non-governmental organizations and other community-focused and impact-driven enterprises, Philips Foundation helps create innovative pathways to open up affordable healthcare for communities most in need. By also partnering with innovative social entrepreneurs rooted in the local ecosystem, Philips Foundation aims to increase access to healthcare for 100 million people a year by 2030. More information can be found at www.philips-foundation.com


Attachments


FAQ

How many people did Philips Foundation provide healthcare access to in 2024?

Philips Foundation provided access to quality healthcare for 46.5 million people worldwide in 2024, an increase from 28 million in 2023.

What is Philips Foundation's healthcare access goal for 2030?

Philips Foundation aims to improve access to healthcare for 100 million people in underserved communities annually by 2030.

How many new projects and investments did Philips Foundation initiate in 2024?

In 2024, Philips Foundation initiated 22 new projects and made 5 new early-stage capital impact investments.

What are the main focus areas of Philips Foundation's healthcare initiatives?

The Foundation focuses on addressing non-communicable diseases and maternal health challenges at the primary care level in underserved communities.

When was Philips Foundation established?

Philips Foundation was established in 2014, marking its tenth anniversary in 2024.
Stock PHG logo
Koninklijke Phil

NYSE:PHG

PHG Rankings

#517 Ranked by Market Cap
#916 Ranked by Dividends

PHG Latest News

Jun 5, 2025
Philips announces exchange ratio for 2024 dividend
Jun 4, 2025
Philips to repurchase up to 6 million shares to cover long-term incentive plans
May 28, 2025
Philips and March of Dimes Bring Maternal and Pregnancy Health Content to Philips Avent Pregnancy+ App
May 20, 2025
Philips launches RADIQAL study to generate real-world evidence for new ultra-low X-ray dose technology in coronary procedures
May 19, 2025
Philips launches real-time 3D intracardiac imaging in Europe, expanding access to minimally invasive heart procedures

PHG Stock Data

21.21B
925.01M
6.49%
0.26%
Medical Devices
Healthcare
Link
Netherlands
Amsterdam

Related Articles

Continue reading with these related stories

View All Latest News