Koninklijke Philips
Philips Fixables is a digital library of open-access 3D printable files that enables consumers to create replacement and custom parts for personal care products, enhancing sustainability through on-demand production.
- CEO / Founder
- Roy Jakobs
- Team Size
- 69,656 (2023)
- Stage
- Active
- Total Funding
- Publicly Traded
- Latest Round
- IPO
- Key Investors
- Exor N.V., BlackRock, Inc., Artisan Partners Limited Partnership, The Vanguard Group, Inc., Norges Bank Investment Management
Technology & Products
Key Products
Image-guided therapy, interventional imaging systems, smart devices, software and services for complex medical procedures.
Technological Advantage
Leverages a global network of 3D printer users to create a decentralized and sustainable supply chain for spare parts.
Differentiation
Value Proposition
Extends product life and reduces waste by providing on-demand, customized replacement parts, empowering customers with sustainable repair and customization solutions.
How They Differentiate
Embraces an open-source model that fosters community engagement and offers on-demand, customized repair solutions, unlike traditional mass manufacturing approaches.
Market & Competition
Target Customers
Consumers owning Philips personal care products and 3D printing enthusiasts
Industry Verticals
["Consumer Electronics","Personal Care","Additive Manufacturing","HealthTech"]
Competitors
Procter & Gamble; Panasonic; Spectrum Brands
Growth & Milestones
Growth Metrics
Measured by community engagement, digital file downloads, and expansion of the parts library
Major Milestones
["Launch of Philips Fixables pilot program","Partnership with Prusa Research","Expansion of digital file library for personal care product parts"]
Notable Customers
Philips product owners; 3D printing enthusiasts