- CEO
- Stefan A. Drager
- Full Time Employees
- 15,444
- Sector
- Healthcare
- Industry
- Medical - Devices
- Address
- Moislinger Allee 53-55 Lübeck SH Germany 23558
- IPO Date
- Aug 3, 2012
- Business
- Drägerwerk AG & Co. KGaA develops, manufactures and markets medical and safety technology products worldwide, operating through two primary divisions focused on acute care solutions and hazard management systems. Founded in 1889 and headquartered in Lübeck, Germany, the family-owned company employs over 16,000 people, maintains sales and service subsidiaries in approximately 50 countries, and distributes its products across more than 190 countries with 18 development and production sites. In fiscal year 2024, it generated net sales of EUR 3.4 billion while investing EUR 331.1 million in research and development, launching 24 new products.
The medical division offers anaesthesia workstations such as the Atlan series; ventilators including the Evita and Babylog models for intensive, emergency and neonatal care; patient monitoring systems; ceiling supply units; IT solutions for operating theatres; gas management systems; warming therapy devices like Babyroo; and related services including maintenance, repairs, financing models and consumables. The safety division provides respiratory protection equipment including powered air-purifying respirators like Dräger X-plore 8700, self-contained breathing apparatus such as Dräger BG ProAir, and professional diving rebreathers; stationary and portable gas detection systems like Dräger X-am 8000 multi-gas detectors and colorimetric detector tubes; alcohol and drug testing devices including interlocks; thermal imaging cameras such as Dräger UCF FireCore; and customized fire training facilities, programs and hazard management solutions for industries including mining, oil and gas, chemicals, fire services and emergency response.
Dräger serves hospitals, fire departments, emergency services, mining operations and industrial sectors with a focus on expanding service, consumables and after-sales contracts leveraging its installed base. Recent developments include consolidating neonatal care operations into a single Lübeck facility to enhance efficiency and reduce fixed costs; achieving record order intake of EUR 1.7 billion and positive operating cash flow of EUR 18 million in the first half of 2025 amid stable net sales growth; strong demand and earnings performance in the first nine months of 2025; and the October 2024 divestiture of its measurement technology unit Dräger MSI GmbH to Rems Messtechnik GmbH & Co KG following the cessation of safety business in Russia due to geopolitical sanctions.