DGAP-News: First Sensor AG / Key word(s): Miscellaneous
Sleep Day: Pressure Sensors from Berlin Save Lives Every Night
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
21.06.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||First Sensor AG|
|Phone:||+49 (0)30 63 99 23-760|
|Fax:||+49 (0)30 63 99 23-719|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|End of News||DGAP News Service|