Drägerwerk highlights its medical focus, shares trade in the SDAX segment

By Stefan Krueger, Long-Term & Business Model desk. Reviewed prior to publication on 2026-06-27, 11:41.

Drägerwerk (DE0005550636) stands as a German medical and safety technology provider whose preferred shares trade in Frankfurt and are part of the SDAX index for smaller caps. The company positions itself as a long-term player in critical care equipment and safety systems for hospitals, emergency services and industry, according to its own corporate profile.

Position in the German market

Drägerwerk is headquartered in Lübeck in northern Germany and lists its preferred shares under the symbol DRW3 on the Frankfurt Stock Exchange, with the stock also represented in the SDAX performance index for German small-cap companies.

The group competes in the broader medical equipment and safety technology segment, operating alongside larger listed healthcare equipment peers such as Siemens Healthineers from the DAX, which are likewise focused on hospitals and diagnostics.

Business model and revenue pillars

According to the company’s investor-relations profile, Drägerwerk generates revenue from medical technology, including ventilators, anesthesia workstations and patient monitoring systems, as well as from safety technology such as gas detection devices and personal protective equipment for industrial clients and emergency services.

The business model combines equipment sales with consumables, technical services and maintenance contracts, which are designed to support more stable recurring revenues over the life cycle of installed devices in hospitals, ambulances and industrial plants.

What the company sells

One representative product line in the medical segment is Dräger ventilators for intensive care units, which are used in hospitals to support patients with respiratory failure and are part of a portfolio that also includes anesthesia workstations and monitoring systems for critical care.

Where the stock trades today

The Drägerwerk shares (DE0005550636) trade on the Frankfurt Stock Exchange under the ticker DRW3 in euros, with the quotation determining the company’s market capitalization within the SDAX small-cap index segment.

This article provides factual information on the Drägerwerk shares and does not contain investment advice or a recommendation to buy or sell securities.