The Mare Group

What The Mare Group does

The Mare Group is a privately held Uruguayan company headquartered in Montevideo, founded in 1987, that distributes, sells, installs, and services medical imaging, ultrasound, radiotherapy, and hospital equipment. Its functional role is that of a specialized medical-technology distributor and aftermarket service provider, serving healthcare facilities that require capital equipment procurement and ongoing technical support.

The company operates in the medical equipment value chain at the distribution and integration layer rather than as an OEM or software developer. Its product surface spans high-value diagnostic and therapeutic modalities — imaging (likely X-ray, CT, MRI), ultrasound, and radiotherapy systems — together with broader hospital equipment lines. Service capabilities include installation and post-sale maintenance, which are typically recurring revenue streams tied to installed base.

The business model is anchored on equipment sale margins plus service contracts and parts revenue. Given Uruguay's small addressable market (~3.5M population) and the absence of disclosed financials, headcount, geographic footprint, or customer base, the company's scale is not verifiable from available data. No funding rounds, ownership structure, M&A activity, partnerships, or strategic announcements are documented, limiting any further triangulation.

Name

The Mare Group

Website

https://themaregroup.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

The Mare Group is a privately held Uruguayan medical equipment distributor, founded in 1987 and based in Montevideo, that sells, installs, and services medical imaging, ultrasound, radiotherapy, and hospital equipment for healthcare providers.

Ownership category

akta.pro rank

Headquarters

HQ city

Montevideo

HQ country

Uruguay

HQ region

Latin America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Supply Chain

Core offering

The Mare Group distributes, sells, installs, and services medical imaging, ultrasound, radiotherapy, and hospital equipment. The company acts as a specialized channel partner for healthcare providers, handling the full lifecycle from equipment acquisition to installation and ongoing maintenance.

Differentiator

Problem solved

Functional benefit

Products and services

• Medical Imaging Equipment Distribution and Service
• Ultrasound Equipment Distribution and Service
• Radiotherapy Equipment Distribution and Service
• Hospital Equipment Distribution and Service

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Regional players

• Profarma Distribuidora: Brazil-based distributor of pharmaceuticals, hospital supplies and medical equipment — comparable LATAM medical-equipment wholesale/distribution model in the broader region where The Mare Group competes.
• Droguería del Sud / ALPI: Argentina-headquartered regional distributor of hospital supplies, medical devices and equipment — direct regional analogue to The Mare Group as a Southern Cone hospital-equipment wholesaler.

Direct peers

• Henry Schein: Large distributor of healthcare products including medical equipment, diagnostics, and practice solutions, with significant LATAM presence — closest large-cap peer to The Mare Group's multi-modality distribution model.
• Patterson Companies: Specialty distributor of healthcare and animal-health products, including medical imaging and equipment — comparable distribution and service model to The Mare Group, particularly across medical capital equipment categories.

Broad incumbents

• Owens & Minor: Global medical-surgical distribution and supply-chain services company focused on hospitals and acute care — analogous to The Mare Group in its role as a multi-vendor hospital equipment distributor with adjacent service offerings.
• Cardinal Health: Major U.S. healthcare distributor with a medical-surgical and equipment business serving hospitals — directly comparable function to The Mare Group's role as a wholesale channel for medical devices and hospital equipment.
• McKesson: One of the largest healthcare distribution and medical supply companies globally, distributing medical equipment and pharmaceuticals to hospitals — comparable function to The Mare Group at much larger scale.
• Medline Industries: One of the largest privately-held medical supply and equipment distributors globally, serving hospitals with a broad portfolio analogous to The Mare Group's multi-vendor medical equipment distribution model.

Others

• Siemens Healthineers: Manufacturer of imaging, ultrasound and radiotherapy systems — competing principal to The Mare Group's distribution portfolio and source of channel-partner economics.
• GE HealthCare: Manufacturer of diagnostic imaging and ultrasound equipment — a principal supplier to The Mare Group and an indirect competitor where large hospital customers purchase directly from OEM instead of through distribution.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/the-mare-group

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about The Mare Group