India – OMRON Healthcare Co., Ltd. today announced additional investment in India-based AI MedTech startup TRICOG HEALTH INDIA PRIVATE LIMITED. This is OMRON Healthcare’s second wave of investment in Tricog, following an initial investment in March 2023, further strengthening the partnership to accelerate business growth.
India’s pressing cardiovascular challenges
According to WHO data, cardio- and cerebrovascular diseases are the No. 1 and No. 2 causes of death in India¹, and against the backdrop of changing lifestyles and a rapidly aging population, patient numbers are only expected to continue increasing. Meanwhile, healthcare providers face multiple constraints: Per capita, India has far fewer certified cardiologists than Japan or the United States, leading to a severe shortage of specialists qualified to analyze ECG data. Furthermore, not all medical facilities have access to the specialist equipment required for advanced diagnostics such as ECG testing.
To address these needs, and facilitate the timely provision of preventive care for those who need it, Tricog Health fuses cutting edge AI analysis built from more than a decade of ECG data, with the human expertise of over 100 in-house clinical specialists. Together, these strengths provide the platform for the development of devices and services tailored to frontline clinical workflows.
¹ WHO, Cause of Death (2019); CIA, The World Factbook.
Remote monitoring collaboration for heart-failure care
Since 2023, OMRON Healthcare and Tricog Health have been working together on the development and launch of KeeboHealth, a remote monitoring service for heart-failure patients that integrates Tricog’s AI-based ECG analytics with OMRON’s connected electrocardiograph devices. By analyzing home-recorded ECG and blood pressure data, and sharing the results with physicians, the service improves diagnostic efficiency and helps prevent post-treatment recurrence.
Deepening the partnership toward Going for ZERO
Through this new investment, OMRON Healthcare will further strengthen its strategic partnership with Tricog Health, setting ambitious joint goals to introduce solutions aligned with local clinical needs in India, while advancing the development and delivery of ever-higher-value devices and services. This collaboration is also an important component of OMRON Healthcare’s corporate mission, Going for ZERO, which sets the ambitious goal of a future in which adverse cerebrovascular and cardiovascular events are a thing of the past.
Quote from Dr Charit Bhograj, CEO Tricog Health:
“Together, we will accelerate a hospital-to-home rollout, pairing OMRON’s world-class medical devices with Keebo™ AI-powered, guideline-aware workflows, to streamline diagnosis, improve cardiovascular management, and reduce avoidable healthcare costs across Asia, Africa and other key international markets.”
Quote from Ayumu Okada, President and CEO, OMRON HEALTHCARE Co., Ltd.
“India is at a pivotal moment when it comes to facing cardiovascular disease, and we are proud to deepen our partnership with Tricog Health to bring advanced remote patient monitoring services and early detection to patients nationwide. We take a proactive approach to strategic partnerships, working with collaborators who help us move faster and innovate further. Combining Tricog’s AI-driven cardiology platform with OMRON’s medical technology will improve outcomes, reduce risk and bring us closer to our global vision of ‘Going for ZERO’ cardiovascular events.”
