Mondragon Health

What Mondragon Health does

Mondragon Health is a strategic alliance of 10 cooperatives within Spain's MONDRAGON Corporation that delivers an integrated portfolio of medical devices, biotechnology services, contract manufacturing, and socio-healthcare services to hospitals, pharmacies, care facilities, biotech firms, and corporate employers. Formally established as a corporate unit in 2009 (with roots in a healthcare diversification strategy dating to ~1986-87), the alliance combines member entities spanning defibrillators and electromedical equipment (Bexen Cardio, Bexen Medical), contract manufacturing of polymer and microfluidic components (ERREKA, Embega Healthcare), medication adherence (Fagor Healthcare), biological sample storage (Bexen Bioservices), residential and home care (Bihar Homecare, GSR, Gerodan), occupational health (Osarten), and consulting (LKS Next).

The alliance's technology backbone includes printed flexible electronics for sensors and wearables, large-scale microfluidic manufacturing of disposable diagnostic and drug-delivery devices, biomedical signal processing for defibrillators and cardiac monitors, and AI-enabled non-invasive cardiac mapping via the Acorys (Corify) device. It operates 1,800+ m² of clean rooms, 6,500+ m² of warehouse, and 32 care centers with 1,700+ beds, supported by ISO 13485, CE (Class I–IIb), GDP, AEMPS, and ISO 9001/14001/45001/50001 certifications.

Revenue is generated through a mix of medical device hardware sales, managed care services (residential, home, mental health), contract manufacturing and CDMO services, biotech/pharma cold-chain storage, occupational health subscriptions, and pharmacy-channel adherence products. Distribution is anchored by direct enterprise sales across member cooperatives, Spanish hospital and pharmacy networks (95% hospital coverage in Spain), and MONDRAGON Corporation's international network spanning 150 countries. 2025 combined revenue reached €172.8M with €33.7M in exports growing 25.4% YoY.

Name

Mondragon Health

Legal name

Mondragon Health

Website

https://mondragon-health.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Mondragon Health is a Spanish strategic alliance of 10 cooperatives within MONDRAGON Corporation, providing medical devices, contract manufacturing, biotech storage, and socio-healthcare services to hospitals, pharmacies, care facilities, biotech firms, and corporate employers.

Ownership category

akta.pro rank

Product category

Medical Devices

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Surgical and Medical Instrument Manufacturing (339112)

SIC

Electromedical & Electrotherapeutic Apparatus (3845), Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Clinical-Grade Vital Signs Monitoring (ECG, SpO2, BP, Temp, Respiration) (HLACAPAI)

akta.pro secondary industries

Cardiology Telemedicine Platforms (HLALAGAB), Clinical Trial Material (CTM) Manufacturing & Supply CDMO (HLAGABAK), Personal Medical Devices & Home Diagnostics (Thermometers, Blood Pressure Monitors, Glucose Meters, Rapid Tests) (CRADAMAK)

Keywords

• Medical device manufacturing
• Electromedical equipment
• Healthcare services
• Contract manufacturing
• Therapeutic adherence

Headquarters

HQ city

San José

HQ country

Spain

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Medical Device Manufacturing & Sales: Design, development, manufacture and sale of medical devices including defibrillators, electromedical equipment, polymer components for medical devices, and in vitro diagnostic components. Revenue from product sales to healthcare providers, hospitals, and pharmacies.
2. Healthcare & Social-Health Services: Provision of care services through 32 managed centers with over 1,700 beds, home care services, residential care for elderly and dependent persons, and mental health services. Revenue from service contracts.
3. Contract Manufacturing Services: Full-service contract manufacturing for third-party companies including industrialisation, engineering, quality control, inventory management and distribution services. Provides comprehensive support from product design to market launch.
4. Biotechnology Services: Management and storage of biological samples and thermolabile drugs, including ultra-frozen storage capabilities for pharmaceutical and biotech sector clients.
5. Occupational Health Services: Joint prevention services, clinical analysis, toxicology, industrial hygiene, and workplace health and wellness consulting through Osarten and LKS Next.
6. Therapeutic Adherence Solutions: Personalized dosage systems (SPD), medication management devices, and digital health solutions for chronic patients, sold to pharmacies and healthcare providers.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Mondragon Health designs, manufactures, and sells medical devices and electromedical equipment (defibrillators, polymer components, microfluidic in-vitro diagnostic disposables, printed flexible electronics for sensors and wearables) and provides healthcare and social-health services including residential care, home care, mental health and disability care across 32 managed centers with over 1,700 beds. It also delivers contract development and manufacturing organization (CDMO) services for medical device OEMs, therapeutic adherence solutions (Personalized Dosage Systems), biological sample storage, occupational health, clinical/toxicology analysis, and remote cardiac telemonitoring, backed by ISO 13485, CE, GDP and MDR certifications.

Differentiator

Problem solved

Functional benefit

Products and services

• Reanibex Defibrillators (300, 500, 700 series)

Quantifiable outcome

• 4.5% year-on-year revenue growth to 172.8 million euros (2025)
• +4 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Embega HealthcarecoreStrategic or Co-development Partner · 10 March 2026Embega Healthcare, the health unit of Embega S. Coop. with over 50 years of industrial experience, was incorporated into MONDRAGON Health. Brings specialized printed electronics technology essential for manufacturing next-generation flexible medical devices such as sensors and wearables, expanding geographical presence in Navarra.
• Biomed DeviceminorStrategic or Co-development Partner · 10 July 2025Bexen Medical expanded its ophthalmological catalog through strategic agreement with Biomed Device for new product lines.
• Darwin BiomedminorStrategic or Co-development Partner · 16 April 2024ERREKA partnered with Darwin Biomed startup to promote the Health product line and expand into medical technology.
• ServeominorChannel Partner/ Reseller/ Distributor · 18 December 2023Agreement between Serveo and MONDRAGON Health for collaboration in health sector distribution and services.
• Pía Aguirreche FoundationminorStrategic or Co-development Partner · 5 December 2023Agreement between Bihar Homecare and Pía Aguirreche Foundation to promote palliative care principles and support home-based autonomy for people.
• VIVEbiotechcoreStrategic or Co-development Partner · 27 November 2023Partnership between Bexen Bioservices and VIVEbiotech for storage and management of lentiviral vectors used in gene therapy and human medicines. VIVEbiotech produces vectors according to EMA and FDA guidelines, while Bexen Bioservices handles storage and custody with latest-generation technology.
• MC3coreTechnology or IntegrationR&D partner of Embega Healthcare collaborating on development of flexible medical devices using printed electronics technology.
• GuldmannminorChannel Partner/ Reseller/ DistributorGerodan signed agreement with Guldmann to reinforce commitment to safe patient mobilization, distributing Guldmann's ceiling hoist systems for care facilities.
• EmaktivaminorStrategic or Co-development PartnerBihar signed agreement with Emaktiva to professionalize home care services.
• EDE FundazioaminorStrategic or Co-development PartnerBihar partnered with EDE Fundazioa through agreement focused on inclusive employment in care sector.
• Corify (Acorys)minorStrategic or Co-development PartnerStartup developing Acorys medical device using artificial intelligence for non-invasive cardiac mapping to improve treatment of heart arrhythmias.
• BM2HealthminorStrategic or Co-development PartnerNew initiative offering comprehensive and innovative solutions for hospitals in Critical Care, Anesthesia and ICU, Surgical Block, and Oncology areas.
• Danobat CooperativeminorStrategic or Co-development PartnerVisited by MONDRAGON Health representatives to explore collaboration opportunities in diversification (products and markets) and synergy creation between cooperatives.

Scale indicators19 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Mölnlycke Health Care: Global medical supplies and wound-care company with strong European hospital footprint; comparable to Bexen Medical's consumables and surgical supply business and a reference for international expansion.
• Philips: Global health technology incumbent offering defibrillators (HeartStart), patient monitoring, and connected care platforms; directly comparable to Bexen Cardio's defibrillator franchise and the alliance's telemonitoring and electromedical portfolio, but at vastly larger scale.
• Flex (Flextronics): Global contract manufacturer with a dedicated Health Solutions business serving MedTech OEMs; comparable to ERREKA's and Embega Healthcare's polymer, microfluidics, and CDMO ambitions at vastly larger scale.
• Omnicell: US-listed leader in pharmacy automation, medication adherence packaging, and medication management; directly comparable to Fagor Healthcare's SPD blister packaging and CircuTrack digital adherence solutions serving 40,000+ patients.
• Orpea: Major European operator of nursing homes, clinics, and home-care services; benchmark for scale, occupancy, and quality in the same elderly/dependent care segments as Bihar and GSR.

Direct peers

• Mindray: Chinese-listed patient monitoring, defibrillator, and electromedical device vendor with strong EU hospital presence; competes head-to-head with Bexen Cardio in monitoring and resuscitation and with Bexen Medical in supplies.
• DomusVi: Spain's largest elderly care and dependent-person services operator; directly comparable to Bihar Homecare and GSR's residential, dementia, and home-care services within the Spanish and Iberian market.
• CU Medical Systems: Korean manufacturer of automated external defibrillators (AEDs) and cardiac care devices; comparable in size and product focus to Bexen Cardio, particularly in the export and tender-driven European AED market.
• Schiller AG: Swiss-based manufacturer of defibrillators, cardiac monitoring, and resuscitation equipment; closest mid-sized European competitor to Bexen Cardio across EMS, hospital, and cardiology customers.
• ZOLL Medical (Asahi Kasei): Leading defibrillator and cardiac care manufacturer owned by Asahi Kasei; directly overlaps Bexen Cardio's defibrillator and cardiac monitoring portfolio, particularly in EMS and public access.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mondragon-health

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mondragon Health