Sol-Millennium Medical Group

What Sol-Millennium Medical Group does

Sol-Millennium Medical Group, doing business as Sol-Millennium Medical Inc., is a privately held medical device company founded in 2007 and headquartered in Chicago, Illinois. The company designs, manufactures, and distributes medical devices and personal protective equipment, with a stated specialization in safety engineered medical devices, including safety syringes and other products designed to prevent needlestick injuries in clinical settings.

The company's core product surface is its portfolio of safety engineered medical devices, supported by underlying engineering focused on needlestick injury prevention. In April 2026, Sol-Millennium launched a U.S. B2B eCommerce platform, marking a strategic shift from traditional distribution toward direct, self-serve online purchasing of its medical devices by healthcare facilities nationwide.

Commercially, the company operates a hardware sales revenue model targeting healthcare facilities as its primary vertical customer segment. Pricing is not publicly disclosed, and no detailed channel economics are available. Sol-Millennium is a private entity with no public ticker; the only disclosed capital event is a 2014 investment by Milestone Capital China. The company employs between 101 and 250 people, indicating a mid-sized manufacturing and distribution operation.

Name

Sol-Millennium Medical Group

Legal name

Sol-Millennium Medical Inc.

Website

https://solm.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

Sol-Millennium Medical Group is a Chicago-based, privately held medical device manufacturer and distributor specializing in safety engineered devices, including safety syringes, designed to prevent needlestick injuries for healthcare facilities across the United States.

Ownership category

akta.pro rank

Product category

Medical Devices

NAICS

Surgical Appliance and Supplies Manufacturing (339113), Surgical and Medical Instrument Manufacturing (339112), Medical Equipment and Supplies Manufacturing (3391)

SIC

Surgical & Medical Instruments & Apparatus (3841), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)

akta.pro primary industry

Personal Medical Devices & Home Diagnostics (Thermometers, Blood Pressure Monitors, Glucose Meters, Rapid Tests) (CRADAMAK)

Keywords

• Safety medical devices
• Safety syringes
• Medical device manufacturing
• Personal protective equipment
• B2B medical supplies

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Medical Device Sales: Direct B2B eCommerce sales of safety engineered medical devices through their proprietary online platform to healthcare facilities nationwide.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Sol-Millennium Medical Inc. designs, manufactures, and distributes safety engineered medical devices and personal protective equipment for healthcare settings. The company sells its portfolio — including safety syringes and related devices focused on needlestick injury prevention — through a self-serve U.S. B2B eCommerce platform launched in April 2026 that gives healthcare facilities nationwide direct purchasing access without intermediary distributors.

Product overview

Sol-Millennium Medical Inc. offers a B2B eCommerce platform as its primary online offering, providing direct access to safety engineered medical devices across the United States. The company operates in the medical devices sector, specifically within the syringe and safety device market segments. Beyond the eCommerce platform, the company's product portfolio encompasses safety syringes and related medical devices designed for healthcare applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Safety engineered medical devices (safety syringes and related devices) Manufactured safety syringes and related safety engineered medical devices designed to prevent needlestick injuries in clinical settings, sold to U.S. healthcare facilities.
• U.S. B2B eCommerce Platform Self-serve B2B online storefront that enables healthcare providers and businesses across the United States to directly purchase Sol-Millennium's safety engineered medical devices without going through traditional distributors.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights3 records

Direct peers

• Becton, Dickinson and Company (BD): Global leader in medical devices with a major safety-engineered syringe and needlestick-prevention portfolio (BD SafetyGlide, BD Eclipse). Competes head-to-head with Sol-Millennium for hospital safety-device contracts and serves as the dominant incumbent benchmark.
• ICU Medical (formerly Smiths Medical): Manufacturer of safety syringes, needle protection devices, and related injection safety products. Directly overlaps Sol-Millennium's safety-engineered device offering and competes for the same hospital procurement budgets.
• Retractable Technologies: U.S.-based manufacturer specializing in retractable safety syringes and blood-collection devices for needlestick prevention. Closest scale-comparable pure-play to Sol-Millennium in the safety-device niche.
• Nipro Corporation: Japanese medical device manufacturer with a significant safety syringe and injection device business serving global hospital markets. Comparable mid-to-large scale competitor in the safety-engineered device category.

Broad incumbents

• Terumo Medical: Large multinational medical device manufacturer with a broad syringe and infusion safety portfolio. Competes with Sol-Millennium in safety syringes but operates across many more device categories and geographies.
• B. Braun Medical: Global medical device and pharmaceutical manufacturer offering safety-engineered syringes, IV components, and infusion therapy products alongside a much broader hospital product portfolio.
• Medline Industries: Largest privately held medical device manufacturer and distributor in the U.S., offering both manufactured safety products and broad distribution of medical supplies — competes with Sol-Millennium on both manufacturing and channel grounds.
• Cardinal Health: Major U.S. medical product distributor with an in-house manufacturing arm. Competes indirectly through scale distribution of competing safety devices and through GPO contracts that exclude smaller vendors.
• Henry Schein: Large healthcare distributor serving physician offices, dental, and ambulatory care with safety devices and medical supplies. Competes with Sol-Millennium's B2B eCommerce channel strategy by leveraging an existing broad customer base.

Emerging players

• CODAN Medizinische Geräte: European-focused manufacturer of medical transfer devices, syringes, and infusion accessories with safety-oriented product lines. Comparable as a smaller, specialized safety-device manufacturer expanding beyond its home geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/sol-millennium-medical-group

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

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 Sol-Millennium Medical Group