Altria Group Inc
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Consumer Staples : Tobacco | Large Cap Value
Company profile

Altria Group, Inc. is a holding company. The Company's segments include smokeable products, smokeless products and wine. The Company's subsidiaries include Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco, and UST LLC (UST), which, through its subsidiaries, including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle), is engaged in the manufacture and sale of smokeless tobacco products and wine. Its other operating companies include Nu Mark LLC (Nu Mark), a subsidiary that is engaged in the manufacture and sale of tobacco products, and Philip Morris Capital Corporation (PMCC), a subsidiary that maintains a portfolio of finance assets. Other subsidiaries include Altria Group Distribution Company and Altria Client Services LLC.

Postmarket

Last Trade
Delayed
$50.46
0.03 (0.06%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$50.43
Day's Change
-0.25 (-0.49%)
Bid
--
Ask
--
B/A Size
--
Day's High
50.83
Day's Low
49.88
Volume
(Light)
Volume:
6,304,168

10-day average volume:
8,493,197
6,304,168

Medical Clothing Market to Hit USD 140.64 Billion and Exhibit a CAGR of 5.9% by 2028; Deal of Halyard Worldwide for N-95 Masks and Gowns to Push Growth: Fortune Business Insights(TM)

6:20 am ET March 15, 2021 (Globe Newswire) Print

The global medical clothing market size is expected to reach USD 140.64 billion by 2028, exhibiting a CAGR of 5.9% during the forecast period.

The increasing knowledge about contagious viruses and outbreaks will stimulate the need for medical clothing in healthcare facilities, thus aiding the global market, states Fortune Business Insights, in a report, titled "Medical Clothing Market Size, Share & COVID-19 Impact Analysis, By Product (Surgical Drapes, Scrubs and Gowns, Gloves, Facial Protection, Sterilization Wraps, Protective Apparels, and Others), By End-user (Hospitals & Physicians' Offices, Outpatient Facilities, and Others), and Regional Forecast, 2021-2028." The market size stood at USD 86.14 billion in 2020

Key Development:

April 2020: Halyard Worldwide, Inc. received a contract for the production of N-95 masks and gowns from the U.S Department of Defense logistic office

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/medical-clothing-market-102704

Increasing Safety and Hygiene Concerns to Bolster Growth amid Coronavirus

The rising concern about patient's health and safety has created lucrative opportunities for the market during the coronavirus outbreak. The compulsory regulations implemented by governments to use masks and disposable overalls have boosted the medical clothing market share. For instance, in 2020, China produced 116 million masks a day, 12 times its supply before the outbreak.

Moreover, the Chinese government also exported protective equipment to Italy and other countries amid COVID-19. Furthermore, hospitals' growing investment in enhanced medical apparel will support the growth of the market during coronavirus. Besides, increasing awareness about the advantages of medical garments, growing number of surgeries, and rising cases of chronic diseases are expected to bode well for the market.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/medical-clothing-market-102704

Increasing Threats of Deadly Diseases to Boost Market

The increasing cases of fatal viruses such as Covid-19, SARS, Avian Influenza, Swine Flu, and others have urged people to take necessary precautions involving hygiene to control the spread of viruses, which, in turn, is fostering the medical clothing market growth. Most of the RNA viruses, such as swine flu, bird flu, and coronavirus, can adapt and change hosts by infecting complex biological systems such as humans.

Thus, to contain such viruses, the requirement for medical apparel is accelerating among healthcare practitioners. Moreover, the increasing research and development activities involving the study of lethal viruses' requisites expertise and highly protective medical clothing, which, in turn, will further aid the growth of the market. In addition, the awareness about epidemic and pandemics coupled with medical exploration will create opportunities for the medical apparel industry.

Quick Buy Medical Clothing Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/102704

Based on type, the market is segmented into surgical drapes and gowns, gloves, facial protection, sterilization wraps, protective apparel, and others. The surgical drapes and gowns segment is expected to hold the largest share in the global market owing to their demand in hospitals. Surgical gowns/scrubs and drapes decrease skin flora transmission from the health care staff and help to shield the team against blood-borne pathogens of the patient. Moreover, the increasing prevalence of diseases is further aiding the segment's growth.

Based on end-users, the market is classified into hospitals, outpatient facilities, physician offices, and others. The hospitals segment is expected to account for the maximum share. The dominance is attributed to the growing demand for surgical procedures at hospitals among the patient population.

What Does the Report Contain?

The report provides vital information, including key industry drivers, trends, forecasts, and hindrances. It also contains an exhaustive investigation of all market segments, distinctly and collectively, and painstaking ideas into the regional dynamics prompting the market growth. Apart from these, the market report brings an extensive assessment of major corporations and their growth strategies.

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/medical-clothing-market-102704

The Report Lists the Key Players in this Market:

-- Cardinal Health, Inc.(U.S.)

-- Halyard Health (U.S.)

-- Barco Uniforms (U.S)

-- Superior Uniform Groups (U.S)

-- Semperit AG Holding (Austria)

-- Ansell Healthcare LLC (Australia)

-- 3M company (U.S)

-- Medline Industries (U.S)

-- MoÌ?lnlycke Health Care (Sweden)

-- Other prominent players

High Production and Distribution of Medical Apparel to Augment Growth in Asia Pacific

Asia Pacific is expected to experience massive growth during the forecast period. The improving healthcare infrastructure coupled with awareness about patients' safety and hygiene will boost the market in the region. Moreover, the increasing manufacturing of medical products by prominent players will have an outstanding impact on the market.

In addition, the presence of medical apparel manufacturers in emerging countries such as India and China incite development in Asia Pacific. Latin America, and the Middle East, and Africa are expected to experience steady growth due to the increasing healthcare investments by governments in the regions.

Get your Customized Research Report: https://www.fortunebusinessinsights.com/checkout-page/102704

Detailed Table of Content:

-- Introduction

    -- Market Scope

    -- Market Scope

    -- Market Segmentation

    -- Market Methodology

    -- Definitions and Assumptions

    -- Executive Summary

    -- Market Dynamics

      -- Market Drivers

      -- Market Drivers

      -- Market Restraints

      -- Market Opportunities

      -- Key Insights

        -- Overview of COVID-19 Impact on Medical Clothing Market

        -- Overview of COVID-19 Impact on Medical Clothing Market

        -- Snapshot of Advancement in Products of Medical Clothing

        -- Key Emerging Trends in Global Medical Clothing Market

        -- Key Industry Developments - Mergers, Acquisitions, and Partnerships

        -- Global Medical Clothing Market Analysis, Insights and Forecast, 2017-2028

          -- Key Findings / Summary

          -- Key Findings / Summary

          -- Market Analysis, Insights and Forecast - By Product

            -- Surgical Drapes, Scrubs and Gowns

            -- Surgical Drapes, Scrubs and Gowns

            -- Gloves

            -- Facial Protection

            -- Sterlization Wraps

            -- Protective Apparel

            -- Others

            -- Market Analysis, Insights and Forecast - By End-user

              -- Hospitals

              -- Hospitals

              -- Outpatient Facilities

              -- Physicians Offices

              -- Others

              -- Market Analysis, Insights and Forecast - By Geography

                -- North America

                -- North America

                -- Europe

                -- Asia Pacific

                -- Latin America

                -- Middle East & Africa

                -- North America Medical Clothing Market Analysis, Insights and Forecast, 2017-2028

                  -- Key Findings / Summary

                  -- Key Findings / Summary

                  -- Market Analysis, Insights and Forecast - By Product

                    -- Surgical Drapes, Scrubs and Gowns

                    -- Surgical Drapes, Scrubs and Gowns

                    -- Gloves

                    -- Facial Protection

                    -- Sterlization Wraps

                    -- Protective Apparel

                    -- Others

                    -- Market Analysis, Insights and Forecast - By End-user

                      -- Hospitals

                      -- Hospitals

                      -- Outpatient Facilities

                      -- Physicians' Offices

                      -- Others

                      TOC Continued.....!!!

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