Omron Healthcare India aims at Rs 150 cr revenue in FY21
One of the key drivers for the growth is the rising awareness about the importance of home monitoring and management of blood pressure and respiratory ailments, he added.;
New Delhi: Medical devices maker Omron Healthcare India is eyeing 27 per cent rise in revenue to Rs 150 crore in 2020-21 on the back of increased awareness about home monitoring among people, a top company official said on Sunday.
The company had a revenue of Rs 118 crore in 2019-20, Omron Healthcare said in a statement.
"We are expecting revenue of Rs 150 crore in the current financial year," OMRON Healthcare India Managing Director Masanori Matsubara told PTI.
One of the key drivers for the growth is the rising awareness about the importance of home monitoring and management of blood pressure and respiratory ailments, he added.
"The new normal created by the pandemic is enthusing people to be more careful about preventive healthcare. It is also propelling them towards finding remote and virtual ways of managing their health," Matsubara said.
This is evident in the rapid expansion of usage of telemedicine or teleconsultation which is further fuelling the need for home monitoring devices such as digital blood pressure monitors, infra-red and digital thermometers for temperature management as well as drug administrating devices like nebulizers for respiratory health management the three key market segments for the company, he added.
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