Omron 2010 Annual Report Download - page 37

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37
Feature “Omron in China” China, Our Driving Force for Growth
Most Shanghai residents know of Omron as a healthcare and medical equipment maker of
blood pressure monitors, thermometers, and other devices. It is evidence that Omron’s
products are contributing to the health of people in China. Also, the amount of medical
equipment that Shanghai’s main hospitals are purchasing is growing by about 15% annually,
and Omron equipment is becoming widely used in hospitals and other medical institutions.
We expect Omron’s blood pressure monitors and thermometers to be increasingly used
in the future. Hospital usage of digital blood pressure monitors, in particular, should increase
rapidly as regulations become more strict about mercury disposal methods.
In addition, in 2009 the Chinese government launched an 850 billion yuan, three-year
nationwide medical environment reform program that gives top priority to the country’s
midwest region. This provides Omron with a golden opportunity to broaden its business
domain in China.
As the Chinese people raise their standard of living, they are becoming increasingly
interested in health issues and will likely increase their spending on healthcare equipment.
The increasing prevalence in the urban areas of the “three highs” lifestyle-related dis-
eases (high blood pressure, high blood sugar levels, and hyperlipidemia) and the aging of
the population will also lead to increasing demand for Omron’s blood pressure monitors,
blood glucose meters, body fat monitors, and other home medical equipment. In addi-
tion, since the trend of increasing emphasis on “prevention” is also expected to continue,
demand can also be expected to grow substantially for Omron’s core “Healthcare at
Home” related products.
The year 2011 will be the initial year of the Chinese government’s 12th Five-year Plan.
I have also heard that 2011 will be the first fiscal year of Omron’s new 10-year plan.
I sincerely hope that Omron’s business will continue to grow in China, and look for-
ward to the company’s further contributions to Chinese society.
July 30, 2010
China’s Healthcare and Medical Equipment
Market to Continue Growing
Mr. Bin Li
Control Center Chairman
Shanghai Medical Facilities and Equipment Quality Control Department