In 2021, P&G had around 101,000 employees and generated $76.12 billion in revenue. Strong Brand Portfolio Over the years Johnson & Johnson has invested in building a strong brand portfolio. We respect your privacy. Their products are used by most of the medical agencies for the treatment of patients. Both products can replace Humira once generics enter the US market and generate over $15 billion in revenue in 2025. Sales Revenues: Johnson & Johnson generated $80.86 billion in revenue over the preceding 12 months of operations. However, the company started mass-producing medicines in the 19. century. pic.twitter.com/M0Qx2zEDLy, Year founded: 1978 Headquarter:Cambridge, Massachusetts. They have their four main segments, Animal health, Pharmaceutical, Healthcare services, and Alliances. Johnson & Johnson is trading at a lower price-to-earnings ratio than Eli Lilly and, indicating that it is currently the more affordable of the two stocks. al., 2011), but it also has some limitations. In 2021, Merck had around 74,000 employees and generated $47 billion in revenue. Of the $101.3 billion, Paxlovid could contribute $24.2 billion, and Comirnaty set at $29.7 billion. But Merck focuses only on oncology, vaccines, and antibiotics. GlaxoSmithKline is one of the top Johnson & Johnson competitors in the pharmaceutical sector. pic.twitter.com/iLK50dIqw5. The company has around 113,000 employees and sells its life-changing products in more than 160 countries. It also aims to create value through growth and innovation. Pfizer Essential Health is a part of research and development that leads to innovations in the pharmaceutical sector. Competition exists in all product lines without regard to the number and size of the competing companies involved. by brothers Robert, James, and Edward Johnson to manufacture sterile surgical dressings. Due to their strong supply chain, Medtronic is considered as one of the top Johnson & Johnson competitors. [, Stryker is a multinational medical technologies corporation. Eli Lilly and beats Johnson & Johnson on 13 of the 20 factors compared between the two stocks. Save my name, email, and website in this browser for the next time I comment. Then, Glaxo merged with SmithKline Beecham in 2000 to create GlaxoSmithKline. This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. Novartis produces medicines for cardiovascular, neuroscience, dermatology, respiratory, urinary, eye problems, and infectious diseases. It is frequently ranked in the Forbes top 500 and even ranks within the Forbes top 100 often too. A Competitive Profile Matrix is a graphic representational of the most important businesses in a given industry, giving a reasonably detailed overview of the competitive landscape. Johnson & Johnson has a beta of 0.54, meaning that its stock price is 46% less volatile than the S&P 500. Johnson & Johnson (J&J) is a global giant based in New Brunswick, New Jersey, specializing in pharmaceuticals, medical gadgets, and consumer products. includes supermarkets, mass merchandisers, wholesale clubs, drugstores, convenience We make beautiful, dynamic charts, heatmaps, co-relation plots, 3D plots & more. Government green drive also opens an opportunity for procurement of Johnson & Johnson products by the state as well as federal government contractors. Their core operations include an array of new technologies which has strengthened the brand. In the matrix, businesses are rated according to critical success factors with a numerical score. You can use the following in your reference section in order to give credit to the source. In 2021, Imbruvica made $5.4 billion. Eli Lilly and pays out 65.5% of its earnings in the form of a dividend. Copyright of Johnson and Johnson SWOT and PESTLE Analysis is the property of Barakaat Consulting. While Unilever and Kimberly Clark strength in R&D compare with P&G. Johnson & Johnsons is the weakest of them all and does not have any relative strength . We do not share your information with anyone. [, Its top-selling brands include Tide and Mr. Clean in the household segment and Oral-B and Pepto-Bismol in the health care business. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. 0.4% of Johnson & Johnson shares are owned by insiders. Biogen is a worthy alternative to J&J for therapeutics. The venture capital group severed ties with BMS in 2022. 1. SWOT & PESTLE.com (2023). Their main strength lies in the products related to pediatric vitamins and dietary supplements which have almost 25% share. This can impact the long term growth of Johnson & Johnson. Consumer Products, Medical equipment and Pharmaceuticals. JNJ Stock. Novartis is a Swiss multinational pharmaceutical corporation and one of the largest companies in the pharmacy sector. Eli Lilly and received 73 more outperform votes than Johnson & Johnson when rated by MarketBeat users. Johnson & Johnson is American multinational pharmaceutical and medical equipment, and consumer goods manufacturing company. In 2021, Merck had around 74,000 employees and generated $47 billion in revenue. 3. Eli Lilly and pays an annual dividend of $4.52 per share and has a dividend yield of 1.4%. Northern Technologies International Corporation. Due to their great innovations in the pharmacy sector, Roche is considered as one of the top Johnson & Johnson competitors. Deliveroo Business Model | How Does Deliveroo Make Money? Boston Scientific Corporation is a producer of various medical devices that are used in medical specialty treatments like interventional radiology, cardiology, oncology, endoscopy, gynecology, and urology. Environmental, Social, and Governance (ESG) Analysis Report. The companys agribusiness saw significant revenue growth in the first three months of 2022, driven by, Its top-selling drugs include Xarelto, Eylea, Adempas, and Xofigo. The company also faces stiff competition from Pfizer, Novartis, Merck, GSK, Bayer, and Medtronic. Health remains one of the most treasured assets of life. A popular medical device company, Medtronic is the worlds largest company for producing medical equipment. Boston Scientific manufactures medical devices for specialty treatments. Due to their global reach, Novartis is considered as one of the top Johnson & Johnson competitors. AbbVie is a formidable Johnson & Johnson competitor. One of the largest pharmaceutical companies in the world, Merck is headquartered in the United States. While every attempt has been made to ensure completeness, accuracy and reliability of the analysis, Barakaat Consulting and its associate websites cannot be held responsible for omissions or errors in our pages or any links on any of our pages. The sales in the Consumer segment were $13.3 billion, in the Pharmaceutical segment were $33.5 billion whereas in the Medical Devices segment were $25.1 billion in 2016. The company has three main businesses that research, develop, and manufacture various pharmaceutical medicines, healthcare products, and vaccines. In 2021, Imbruvica made $5.4 billion. Headquarters United States of America. It is better than doing simplistic SWOT analysis because with Weighted SWOT Analysis Johnson & Johnson managers can focus on the most critical factors and discount the non-important one. Their products mainly include chemically synthesized drugs and various medicines produced from biological processes called biologics. Strengths. [4], It takes on average 7 years to receive an accurate #hidradenitissuppurativa diagnosis. of which sell the products to consumers. They are just awesome. Address One Johnson & Johnson Plaza, New Brunswick, New Jersey, 08933. Entity type. It has around 134,000 employees, in more than 260 operating companies as of 2017. Superb Performance in New Markets Johnson & Johnson has built expertise at entering new markets and making success of them. [16], Were celebrating #PrideMonth with events across our sites and honoring our employees who support LGBTQ+ inclusion year-round. Successful track record of developing new products product innovation. In Apr 2022, Boston Scientific raised its annual sales growth guidance to 7%-9%. The main competitors of Johnson & Johnson include Eli Lilly and (LLY), Merck & Co., Inc. (MRK), AbbVie (ABBV), Pfizer (PFE), Bristol-Myers Squibb (BMY), Novo Nordisk A/S (NVO), AstraZeneca (AZN), Novartis (NVS), Abbott Laboratories (ABT), and Sanofi (SNY). According to experts. The company spun off from Merck in Jun 2021 and started trading on the NYSE under the symbol OGN. Before the split, Organons health products and biosimilars franchises brought in $6.53 billion in sales. It is among the top 10 most valuable healthcare brands worldwide, with more product approvals and clearances than other medical tech companies globally. It has a very strong presence in each and every product. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Benefiting from economies of scale due to the global extensive scope of operations. [12], #EHA2022 has come to a close. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. High level of brand awareness and a brand value of USD 312.6 billion as of May 2016 according to Forbes [1] 2. J&J expanded its offering and market presence globally for over 135 years. This brand portfolio can be extremely useful if the organization wants to expand into new product categories. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Organizations also assess the likelihood of events taking place in the coming future and how strong their impact could be on company's performance. This report is shared in order to give you an idea of what the complete Competitor Analysis Report will cover after purchase. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5. The SWOT analysis of Johnson & Johnson just underlines this fact. J&J is also set to demerger its consumer and pharmaceutical segments in 2022. of household, personal care and specialty products. With their strength in diagnostics and pharmaceuticals, the company is prepared well to promote personalized healthcare. Last week leaders from across the organization attended @CNN's #LifeItself where they shared how were putting people at the center to build a #FutureOfHealthTech that's more human: https://t.co/elZ0CP98zK pic.twitter.com/BYtpex1pyr, Year founded: 1888 Headquarter:Abbott Park, Chicago, Illinois, Abbott is a global healthcare leader that offers diagnostics, generic medicines, medical devices, and Nutritionals. Successful track record of integrating complimentary firms through mergers & acquisition. [2]. Johnson and Johnson is the leading health care company globally and has more than 265 operating companies in over 60 countries globally. The companys agribusiness saw significant revenue growth in the first three months of 2022, driven by favorable agricultural markets. Pfizer is a multinational pharmaceutical and biotechnology corporation. Their products are sold to retail pharmacies, wholesalers, hospitals, and medical profession worldwide. . Johnson and Johnson is one of the top-rated brands on the market. In 2021, GSK had 99,000 employees and, And its FDA-approved monoclonal antibody, Xevudy, will hit 1.4 billion in sales in 2022. Due to their strong focus on innovative medicines, Bristol Myers Squibb is considered as one of the top Johnson & Johnson competitors. The SWOT Analysis framework helps an organization to identify the internal strategic factors such as -strengths and weaknesses, & external strategic factors such as - opportunities and threats. In 2022, Novartis expanded its operations to. The company has their strong presence in the growing market of pharmacy. In 2021, the company integrated with its latest acquisition Wright Medical. In 2021, Roche was the leading biopharma company in oncology. Merck is the best alternative to Johnson & Johnson for oncology treatments. Both Merck and J&J offer pharmaceuticals. A Swiss healthcare company, Roche operates worldwide under two divisions, Diagnostics and Pharmaceuticals. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. All rights reserved |. This report is shared in order to give you an idea of what the complete Key Performance Indicators (KPI's) Report will cover after purchase. This report is shared in order to give you an idea of what the complete Digital Marketing and Social Media Strategy Analysis Report will cover after purchase. The PESTLE / STEEPL / PEST analysis report is a structure used to understand the impact of the current trends and key external factors like political, economic, social, technological, legal and environmental on the macro environment that influences the business model of Johnson & Johnson and also defines its growth trajectory and market strategy. All three business sectors are well positioned to address the changing needs of the customers and patients. Johnson & Johnson presently has a consensus target price of $174.73, indicating a potential upside of 14.53%. To see all exchange delays and terms of use please see Barchart's disclaimer. [, Biogen completed the construction of its state-of-the-art facility in Solothurn, Switzerland, in May 2020 to produce the Alzheimers drug aducanumab. Likewise, 71.20% of users gave Eli Lilly and an outperform vote while only 65.13% of users gave Johnson & Johnson an outperform vote. Medtronic is the top alternative to J&J for medical devices. The in-vitro diagnostics business of the company accomplishes immunoassays and blood screening. In Apr 2022, J&J rescinded its forecast for sales of its single-shot vaccine due to low demand and supply glut. Biogen is an American multinational biotechnology company. Procter & Gamble is the top alternative to J&J for consumer products. The company was. See more: https://t.co/jfNmbZJ2md #AheadTogether pic.twitter.com/EgloJx2C2d, Year founded: 1863 Headquarter:Leverkusen, Germany. The company was one of the pioneers of targeted treatments and produced several antiretroviral drugs. It provides a great opportunity for the organization to build new revenue streams and diversify into new product categories too. Johnson & Johnson is the largest and #1 pharmaceutical companies of the world. This method is called Weighted SWOT analysis. The company also faces stiff competition from Pfizer, Novartis, Merck, GSK, Bayer, and Medtronic. This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. It had produced patents for the Polymerase chain reaction technique during the year 1992. This should open a window of opportunity for Johnson & Johnson in other product categories. Johnson & Johnson is an American consumer products, medical equipment and pharmaceutical manufacturing company founded in 1886. About 30% of Mercks total revenues come from, In Jun 2021, Merch spun off its womens health division to create Organon. The SWOT analysis of Johnson & Johnson is employed to assess the companys competitive stance by recognizing its internal strategic factors like strengths and weaknesses, external strategic factors like opportunities and threats. High attrition rate in work force compare to other organizations in the industry Johnson & Johnson has a higher attrition rate and have to spend a lot more compare to its competitors on training and development of its employees. In-depth profiles and analysis for 20,000 public companies. In fiscal 2021, BMS had around 30,000 employees and made $42.5 billion in revenue. The main strength of this brand is that six of their products are among the top pharmaceuticals brands in India. It has varied supply process in combination with long-term supply products, which will reduce the companys exposure to risk associated with production. [, Abbott is a global healthcare leader that offers diagnostics, generic medicines, medical devices, and Nutritionals. Excluding the effect of acquisitions, divestitures, on the operational front, global sales jumped 7.6%, domestic sales escalated 9.5% and international sales shot up by 5.6%. Johnson Johnson competes with Dream Office, Slate Office, Corporate Office, and Forsys Metals; as well as few others. Comparatively, 0.1% of Eli Lilly and shares are owned by insiders. Weakness are the areas where Johnson & Johnson can improve upon. Within Johnson & Johnson's Office of the Chief Medical Officer, safety assessment that is objective and science- and evidence-based is at the core of what we do and is built into every stage of our products' life cyclesfrom development to post-launch. SWOT analysis is a strategic planning tool that can be used by Johnson & Johnson managers to do a situational analysis of the firm . Procter & Gamble is the top alternative to J&J for consumer products. It provided an evaluation window but not an implementation plan based on strategic competitiveness of Johnson & Johnson. Copyright 2022 Business Strategy Hub. This company is mainly focused on the development of Taxus Stent which is used to open clogged arteries. This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. At the time, J&J had only 14 employees. With high ASD, your ad post will be displayed across all our 2500+ pages.Grow your business with effective advertisement! The split will reduce Mercks revenue by $6.53 billion. The company developed the first HIV blood-screening test during the year 1985. But Bayer also offers seeds, pesticides, fungicides, and insecticides for agriculture. The company also offers animal health products. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Digital Marketing and Social Media Strategy Analysis Report. 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