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DGAP-News: First Sensor AG: Sleep Day: Pressure Sensors from Berlin Save Lives Every Night

DGAP-News: First Sensor AG / Key word(s): Miscellaneous
First Sensor AG: Sleep Day: Pressure Sensors from Berlin Save Lives Every Night

21.06.2017 / 12:13
The issuer is solely responsible for the content of this announcement.


Sleep Day: Pressure Sensors from Berlin Save Lives Every Night

Market researchers anticipate that the global market for medical ventilators will reach $1 billion by 2021. In ventilator systems, the finely tuned pressure sensors from First Sensor ensure a safe night's sleep for patients with conditions such as sleep apnea.

Experts estimate that 10% of snorers suffer from sleep apnea, a life-threatening condition. With this condition, breathing stops intermittently during the night. Those affected find that they feel tired during the day as a result, and often suffer from secondary complications. Studies have even shown that the condition can reduce life expectancy by up to eight years. "If patients wear sleep apnea therapy devices at night, mild pressure can prevent the airway from closing and therefore the associated pauses in breathing. The integrated sensors ensure a safe night's sleep," explained Dr. Dirk Rothweiler, CEO of First Sensor AG, to mark Sleep Day on June 21. The company develops and produces highly sensitive pressure sensors, which can detect even the smallest interruptions to breathing and help to equalize pressure quickly and comfortably. Sleep apnea occurs in approximately 800,000 people in Germany alone.

Around the world, many patients visiting hospitals suffer from respiratory diseases. In Europe, they make up roughly 7% of annual hospital admissions. In Germany, artificial respiration was administered to 412,000 people in intensive care units alone in 2016 - an increase of 86,000 on the previous year. According to estimates by RnR Market Research, the global market for medical ventilators is expected to grow from $690.8 million in 2016 to $1,012.3 in 2021. "We assist our customers in our role as a strategic partner in the development of innovative ventilation solutions. There is currently rising demand on the market for mobile ventilators. This is driven by an aging population and the needs of patients for comfort and quality of life alongside the best possible medical care. Our products put us in an ideal place in this growth market," commented CFO Dr. Mathias Gollwitzer.

Last year, First Sensor recorded particularly strong growth in the medical target market. Sales rose by 29.2% year-on-year to EUR30.7 million. In the field of breathing and respiration, the company generated approximately EUR6 million, accounting for almost 20% of medical sales, and supplies customers including medical technology manufacturers such as Fritz Stephan GmbH with standard products and customized solutions. As one of the world's leading developers and manufacturers of ventilator and anesthesia systems, Fritz Stephan uses differential pressure sensors from First Sensor for its EVE mobile ventilator, which can be used to supply patients with air from the ambulance to the intensive care unit without any need to switch equipment.

About First Sensor AG
In the growth market of sensor systems, First Sensor develops and produces standard products and customer-specific solutions for the ever-increasing number of applications in the industrial, medical, and mobility target markets. Based on innovative technology platforms, we develop products such as chips, components, sensors, and entire sensor systems. Trends such as Industry 4.0, autonomous driving, and the miniaturization of medical technology will drive our growth extremely rapidly in the future. First Sensor was founded in Berlin 25 years ago and has been listed on the Frankfurt Stock Exchange (SIS) since 1999 [Prime Standard Ι WKN: 720190 Ι ISIN: DE0007201907 Ι SIS]. For more details on First Sensor, please visit www.first-sensor.com.

Disclaimer
Statements in this Corporate News relating to future developments are based on a prudent estimate of future events. Actual events may deviate from planned events, as they depend on a large number of market and economic factors, some of which are outside of the company's control.

Printable images
For printable images please visit http://www.first-sensor.com/de/unternehmen/presse/bildarchiv. First Sensor AG owns the rights to the images. Please make reference to this when using the material.

First Sensor AG
Peter-Behrens-Str. 15
12459 Berlin
Deutschland
Contact:
Corinna Krause
E-Mail: ir@first-sensor.com
T +49 30 639923-571


21.06.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone: +49 (0)30 63 99 23-760
Fax: +49 (0)30 63 99 23-719
E-mail: ir@first-sensor.com
Internet: www.first-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

584953  21.06.2017 

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Company
First Sensor is one of the world's leading suppliers in the field of sensor systems. In the growth market of sensor systems, First Sensor develops and produces customer-specific solutions for the ever-increasing number of applications in the industrial, medical, and mobility target markets. Our goal here is to identify, meet and solve the challenges of the future with our innovative sensor solutions early on.
Investor Relations
Our investor relations activities aim at raising the international publicity of First Sensor AG and at consolidating and extending the perception of our share as an attractive growth stock. This means we keep our online communication transparent, comprehensive and continuous in order to enhance your trust in our share.
Applications
In many market-specific applications, sensors are components that are critical to your success. First Sensor is the partner you need on projects that call for careful selection, customized adaptation and the highest standards of excellence. First Sensor is clearly aligned to the core markets of industrial applications, medical technology as well as automotive and transport.
Tailored Solutions
In the growth market of sensor systems, First Sensor develops and produces customer-specific sensors, electronics, modules and complex systems for the ever-increasing number of applications in the industrial, medical, and mobility target markets. As a solution provider the company offers complete development services from a first draft and proof of concept up to the development of prototypes and finally serial production. First Sensor offers comprehensive development expertise, state-of-the-art packaging technologies and production capacities in clean rooms from ISO class 8 to 5.
Solution Services
In the growth market of sensor systems, First Sensor develops and produces customer-specific sensors, electronics, modules and complex systems for the ever-increasing number of applications in the industrial, medical, and mobility target markets. As a solution provider the company offers complete development services from a first draft and proof of concept up to the development of prototypes and finally serial production. First Sensor offers comprehensive development expertise, state-of-the-art packaging technologies and production capacities in clean rooms from ISO class 8 to 5.
Career
Innovation, excellence, proximity – these are our values, our ambition, our drive. Anything less is not an option. Our sensor solutions stand for technical innovation and economic growth. As such, they form the basis for the development and application of new technologies in almost all areas of life. We aim to shape this future together with you.