January 9, 2008 - Frost & Sullivan has recognized Philips Medical Systems with the 2007 North American Medical Imaging Company of the Year Award for its success across the entire medical imaging industry and double-digit growth.
Philips Medical Systems is a well regarded company, prized for its strength of leadership in healthcare technology and its innovative approach to product development, reflected in Philips’ “Sense and Simplicity” brand promise.
The medical systems division of Royal Philips Electronics has consistently produced double-digit growth, while generating excellent customer satisfaction ratings.
Despite the many challenges encountered in this difficult market space, Philips has remained abreast of the latest developments in imaging technology and has made its own distinctive mark on the market with its innovative product offerings.
“The company’s strong business performance has enabled it to gain market share in many segments by identifying unmet market needs and designing creative solutions,” said Frost & Sullivan Research Analyst Samantha Barbosa. “The accomplishments attained by Philips can be attributed to a keen focus on product development leadership and technological prowess, inspired by unmet needs in the marketplace.”