Annual Report 2008
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Introduction

Designed to meet the needs of cardiologists for clear diagnostic data at the bedside, our new Philips CX50 CompactXtreme handheld ultrasound system combines the image quality expected of a premium full-size system with the convenience of portability. The CX50 system also offers significant environmental benefits: 10% less packaging weight, 22% improvement in system weight, 31% less operating power and 30% reduction in impact over the life cycle.

  • Healthcare challenges present major opportunity
  • Addressing care cycles – cardiology, oncology and women’s health
  • Home healthcare a core part of our healthcare strategy
  • Acquisition and integration of Respironics
  • Strengthened presence in emerging markets

The future of healthcare is one of the most pressing global issues of our time. Around the globe, societies are facing the growing reality and burden of increasing and in some cases aging populations, as well as the upward spiraling costs of keeping us in good health. Worldwide, many more people live longer with chronic disease – such as cardiovascular diseases, cancer, diabetes – than in the past. Aging and unhealthy lifestyles are also contributing to the rise of chronic diseases, putting even more pressure on our healthcare systems. At the same time, we are facing a global and growing deficit of healthcare professionals.

These challenges present us with an enormous opportunity. We focus our business on addressing the evolving needs of the healthcare market by developing innovative products and technologies that contribute to improved healthcare, at lower cost, around the world.

This is an interactive electronic version of the Philips Annual Report 2008 and also contains certain information in summarized form. The contents of this version are qualified in their entirety by reference to the printed version of the Philips Annual Report 2008. The printed version is available as a PDF file on this website. Information about: forward-looking statements, third-party market share data, fair value information, US GAAP basis of presentation, use of non-US GAAP information, statutory financial statements and management report, revision and reclassifications and analysis of 2007 compared to 2006.
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