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Royal Philips’ IGT Goes For The Structural Heart

Value Based Concepts Also Apply In Diagnosis And Treatment

 
• By Ashley Yeo

Royal Philips’ image-guided therapy business has rebounded, as expected, after the COVID-19 dip, and is now targeting expansion in a number of areas, as business leader Bert van Meurs explains. 

from Philips
• Source: Alamy

The headlines were all about connected care in the year when the pandemic struck global markets, but the more “traditional” areas of medtech have since made a powerful comeback in 2021, as anticipated.

For Royal Philips, in economic terms, that manifested itself in a 16% rise in comparable sales, to €2.1bn ($2.48bn), at its Diagnostic & Treatment (D&T) division in the second quarter of 2021

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