But Bayer also offers seeds, pesticides, fungicides, and insecticides for agriculture. Category. The company has a huge portfolio of products and has an excellent R&D wing. Pfizer is the top J&J competitor and alternative in the pharmaceutical and biotechnology sector. In 2021, Stryker reported a 19.2% increase in net sales to $17.1 billion. However, the company started mass-producing medicines in the 19th century. The Animal Health segment produces and sells animal health products, including vaccines. These brands of consumer products are quite popular and are available in almost every household. includes supermarkets, mass merchandisers, wholesale clubs, drugstores, convenience A Competitive Profile Matrix (CPM) can be used to compare one company to another across a range of factors critical to success and is another strategic tool which can be useful in helping you define your strategy. Rising pay level especially movements such as $15 an hour and increasing prices in the China can lead to serious pressure on profitability of Johnson & Johnson. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Entity type. REMICADE (infliximab), is facing biosimilar competition, which will ultimately lead to slump in U.S. sales of REMICADE. The shares are up 16 percent so far in 2017. This venture has increased its revenues since 2020. Johnson & Johnson. Political Action Committee and other political contributions, 1. Johnson & Johnson (J&J) is a global giant based in New Brunswick, New Jersey, specializing in pharmaceuticals, medical gadgets, and consumer products. In 2021, Imbruvica made $5.4 billion. This approach also suffers from one major drawback - it focus on individual importance of factor rather than how they are collectively important and impact the business holistically. Glaxo Smith Kline has a strong sales distribution network worldwide. She is a data scientist and serial marketer, she brings a unique analytical perspective and extensive knowledge in marketing from her years of experience working for tech giants and starts ups. The company is a full-time member of several associations, including EEPIA, PhRMA, and IFPMA. This presentation talks about the complete framework of the strategic planning of the Johnson & Johnson company. Warren Buffetts Berkshire Hathaway had a $324.4 million investment in BMS. Read how this enables the acceleration of breakthrough #innovation: https://t.co/lDBfCwguBZ pic.twitter.com/AW6wXbz2nt, Year founded: 1837 Headquarter:Cincinnati, Ohio. This report is shared in order to give you an idea of what the complete Stakeholder Analysis Report will cover after purchase. Comparatively, Eli Lilly and has a beta of 0.35, meaning that its stock price is 65% less volatile than the S&P 500. Novartis produces medicines for cardiovascular, neuroscience, dermatology, respiratory, urinary, eye problems, and infectious diseases. Headquarters United States of America. Their products are sold to retail pharmacies, wholesalers, hospitals, and medical profession worldwide. This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. Strykers revenue has grown by double digits in the past five years. The venture capital group severed ties with BMS in 2022. It has come across as a mature firm looking forward to bring out products based on tested features in the market. In 2021, Stryker reported a, Boston Scientific and J&J operate in the healthcare sector. The current asset ratio and liquid asset ratios suggest that the company can use the cash more efficiently than what it is doing at present. Abbott Molecular has developed an exclusive license to produce a diagnostic test in the United States. Johnson & Johnson pays out 67.1% of its earnings in the form of a dividend. Enjoys a healthy brand equity in the minds of shareholders: The Company has $72 billion in revenue and coupled with its solid balance sheet across the last 4 quarters makes the New Jersey-based health care giant the first choice of many mutual fund portfolios. [, Both Bayer and J&J operate in the pharmaceutical sector. 2.1. Its pharmaceutical arm, Janssen, develops and distributes medicines, vaccines, and therapeutic treatments. Increasing trend toward isolationism in the American economy can lead to similar reaction from other government thus negatively impacting the international sales. This report is shared in order to give you an idea of what the complete VRIO Analysis Report will cover after purchase. Johnson & Johnson pays an annual dividend of $4.52 per share and has a dividend yield of 3.0%. Comcast Mission Statement | Vision | Core Values | Analysis (2023), Aldi Mission Statement |Vision | Core Values | Analysis (2023), Mayo Clinic Mission Statement | Vision Statement | Core Values | Analysis (2023), ExxonMobil Mission Statement |Vision | Core Values | Analysis (2023), LOral Mission Statement |Vision | Core Values | Analysis (2023), Vanguard Mission Statement | Vision | Core Values | Analysis (2023), Top 15 o2switch Competitors and Alternatives, Top 15 UiPath Competitors and Alternatives, Top 15 Patagonia Competitors & Alternatives, Top 15 Comcast Competitors and Alternatives, Top 10 Nintendo Competitors & Alternatives, Top 15 Upstart Competitors and Alternatives. About 30% of Mercks total revenues come from Keytruda, an oncology treatment. The company was established in the year 1858, by Edward Robinson Squibb. It has a very strong presence in each and every product. However, the company started mass-producing medicines in the 19. century. In 2021, Merck had around 74,000 employees and generated $47 billion in revenue. Please note that you agree to receive email updates from us on our new reports and solutions. The company outperforms J&J in the nutritional sector, with renowned brands like Pediasure milk powder. 1. As Johnson & Johnson holds the strength in market share, brand reputation, financial position and global competition. Based on table above, the competitive profile matrix reveals that P&G is the strongest player in the industry with relative strength in financial profit, market share and product quality. Its pharmaceutical arm, Janssen, develops and distributes medicines, vaccines, and therapeutic treatments. of household, personal care and specialty products. Revenue spread across many product categories, 1. Boston Scientific manufactures medical devices for specialty treatments. Comparatively, 0.1% of Eli Lilly and shares are owned by insiders. Certain capabilities or factors of an organization can be both a strength and weakness at the same time. Due to their strong liquidity position, Boston Scientific is considered as one of the top Johnson & Johnson competitors. 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. MarketBeat recorded 21 mentions for Johnson & Johnson and 17 mentions for Eli Lilly and. The company developed the first HIV blood-screening test during the year 1985. Required fields are marked *. [, In 2021, Roche had 100,920 employees and generated. 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. In 2018 Johnson & Johnson was designated as the second largest FMCG Companies in the world after Nestle. Their diagnostic instrument systems and medical tests and widely used worldwide by laboratories, hospitals, and blood banks, identify and screen diseases like cancer, hepatitis, HIV, heart failure and metabolic disorders. Johnson and Johnson Weaknesses 2021: Patent challenges and generic products: Reuter (2020) analysed that the company has the problem of loss exclusivity for biological products when competitors develop new or improved technology that makes Johnson products less desirable or obsolete. Competition exists in all product lines without regard to the number and size of the competing companies involved. 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. In 2021, two GSK drugs surpassed $1 billion in annual revenue. This should open a window of opportunity for Johnson & Johnson in other product categories. The company has around 46,000 employees and sells medical devices globally. Almost eight decades in the herbal research, Himalaya shares a strong bond with nature. In 2022, Novartis expanded its operations to work more strategically as CDMO. Novartis is one of the top Johnson & Johnson competitors. This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. Should you be buying Johnson & Johnson stock or one of its competitors? About. Johnson & Johnson is also the #1 pharmaceutical company globally. Your email address will not be published. A popular medical device company, Medtronic is the worlds largest company for producing medical equipment. France. The company has produced various antiretroviral drugs and HIV tests. Financial planning is not done properly and efficiently. Two-thirds of our Research and Development projects are being developed with diagnostics. al., 2011), but it also has some limitations. 67.9% of Johnson & Johnson shares are owned by institutional investors. Johnson & Johnson is an American consumer products, medical equipment and pharmaceutical manufacturing company founded in 1886. However, we may send you emails on our new reports and solutions. In 2021, Abbotts full-year revenue. products under a variety of brands through a broad distribution platform that Expiration or challenge of existing patents by rival companies: The Company is being challenged by Pfizer Inc. for a certain drug called Remicade. Increasing competition can reduce market share of Johnson & Johnson. The brands products are produced to benefit people and advance the quality of life. Consumers in over 175 countries can access J&Js medical devices, pharmaceuticals, and personal care products. Merck is the best alternative to Johnson & Johnson for oncology treatments. Telephone 1 732 5242455. The company gets help from two business segments, Pfizer Innovative Health and Pfizer Essential Health to manage its commercial operations. 326 E 8th St #105, Sioux Falls, SD 57103 Bristol Myers Squibb is one of the best alternatives to J&J in the pharmaceutical sector. Automation of activities brought consistency of quality to Johnson & Johnson products and has enabled the company to scale up and scale down based on the demand conditions in the market. The main strength of this brand is that six of their products are among the top pharmaceuticals brands in India. Subsidiaries, Partnerships and Collaborations Report. 3. USD 164.61 0.93 0.56%. In 2021, GSK had 99,000 employees and generated $46 billion in revenue. It has varied supply process in combination with long-term supply products, which will reduce the companys exposure to risk associated with production. 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. The company has 15 biotech, cell, and gene sites in the US, Europe, and Asia. Successful track record of integrating complimentary firms through mergers & acquisition. The company has around 46,000 employees and sells medical devices globally. Due to their strong focus on innovative medicines, Bristol Myers Squibb is considered as one of the top Johnson & Johnson competitors. This clearly shows that the company has witnessed tremendous growth and acceptance worldwide. It's headquartered in New Brunswick, New Jersey. !-Keith GrencherBirmingham Business School. Due to their great innovations in the pharmacy sector, Roche is considered as one of the top Johnson & Johnson competitors. It is headquartered in Dublin, Ireland and established in the year 1949. Industry Pharmaceuticals and Healthcare. Northern Technologies International Corporation. This report is shared in order to give you an idea of what the complete Porter's Five Forces Analysis Report will cover after purchase. Both products can replace Humira once generics enter the US market and generate over $15 billion in revenue in 2025. They are just awesome. 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. Eli Lilly and received 73 more outperform votes than Johnson & Johnson when rated by MarketBeat users. Of the $101.3 billion, Paxlovid could contribute $24.2 billion, and Comirnaty set at $29.7 billion. Johnson & Johnson shares have been on a roll for five years, doubling in price from about $67 in August 2012 to $133 and change in 2017. This report is shared in order to give you an idea of what the complete Competitor Analysis Report will cover after purchase. Their main focus is to research, develop, and market innovative products related to medicine which will help to cure disease and to ease the suffering of people to help them live a quality life. Export data to Excel for your own analysis. 105. stores, home stores, dollar, pet and other specialty stores and websites, all [2]. [8], See you tonight for #CantCancelPride hosted by JoJo Siwa, with performances from Katy Perry, Sam Smith, Anitta, Dove Cameron, Betty Who, Kim Petras and more, with special appearances by Elton John and Lizzo from the @iHeartRadio Theater. : MIT Press, 1962). Real-time analyst ratings, insider transactions, earnings data, and more. Public. Johnson & Johnson owns several consumer brands, including. All the topics of strategic management course is been covered, in this ppt starting from SWOT, Strategic Map, External Factor Analysis, and all other major strategic tools. The total score for a given company shows how competitive that company is in the marketplace relative to other companies. 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. [12], #EHA2022 has come to a close. It has successfully integrated number of technology companies in the past few years to streamline its operations and to build a reliable supply chain. Please refer to the Terms and Conditions for usage guidelines. Company Name, Ticker, Competitors, else.. despite revenue deterioration, Johnson And Johnson increased its market share in this segment. The company has an excellent R&D wing and has made many innovations by releasing innovative products in the market. 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. This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. Its Comirnaty vaccine and Paxlovid oral drug were already in the trial phase in Nov 2020. The SWOT and PESTEL analysis report of Johnson and Johnson presents the complex internal and external factors affecting the Johnson & Johnson's brand, its operations, business model, market strategy and growth trajectory. 3. A Swiss pharmaceutical company, Novartis is headquartered in Basel, Switzerland. Although the SWOT analysis is widely used as a strategic planning tool, the analysis does have its share of limitations. The split will reduce Mercks revenue by $6.53 billion. The expansion has helped the organization to build new revenue stream and diversify the economic cycle risk in the markets it operates in. The company expects fiscal 2022 sales to rise by 4%-5%. Its Trelegy generated 1.2 billion, and Nucala brought in 1.14 billion. In the matrix, businesses are rated according to critical success factors with a numerical score. Based on Fern Fort University extensive research some of the strengths of Johnson & Johnson are . High level of brand awareness and a brand value of USD 312.6 billion as of May 2016 according to Forbes [1] 2. As Johnson & Johnson holds the strength in market share, brand reputation, financial position and global competition. The split will reduce Mercks revenue by $6.53 billion. to industrial customers and distributors. New trends in the consumer behavior can open up new market for the Johnson & Johnson . [, Its top-selling brands include Tide and Mr. Clean in the household segment and Oral-B and Pepto-Bismol in the health care business. In case you need the complete report please purchase using the buy options displayed. That's why for more than 135 years, we have aimed to keep people well at every age and every stage of life. In 2021, J&J had 141,700 employees and reported a 13.55% increase in revenue to $93.78 billion. #CMSC2022 pic.twitter.com/BH3UKW1oSZ, Year founded: 1923 Headquarter:Jersey City, New Jersey. Pfizer is a multinational pharmaceutical and biotechnology corporation. Organon will build on its brand reputation and prioritize womens health. But Boston Scientific specializes in medical devices for radiology, cardiology, oncology, endoscopy, gynecology, and urology. Continued use of new technology in research and development, 1. Comparatively, 82.1% of Eli Lilly and shares are owned by institutional investors. Abbott is an international, diversi?ed healthcare company which is devoted to the detection, development, manufacture, and marketing of products related to pharmacy sectors like nutritional products for children and adults, pharmaceuticals, and various medical products like instruments, devices, and diagnostic tests. [5], Our own Jenelle Krishnamoorthy joined others at #BIO2022 to reflect on innovation and collaboration during the #COVID19 pandemic, and lessons for preparedness against future health threats. Copyright 2023. Due to their strong brand name in the pharmacy sector, Merck is considered as one of the top Johnson & Johnson competitors. Johnson & Johnson has a beta of 0.54, meaning that its stock price is 46% less volatile than the S&P 500. 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. [11]. Send your data or let us do the research. The company also offers animal health products. To see all exchange delays and terms of use please see Barchart's disclaimer. Starting just $19. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Here is an in-depth analysis of top Johnson & Johnsons competitors and alternatives: Year founded: 1849 Headquarter:Manhattan, New York. AbbVies top-selling drug Humira hit its peak sales in 2021 at $20.7 billion. Decreasing cost of transportation because of lower shipping prices can also bring down the cost of Johnson & Johnsons products thus providing an opportunity to the company - either to boost its profitability or pass on the benefits to the customers to gain market share. GSK manufactures medicines for infections and diseases, such as diabetes, asthma, and malaria. Changes in Foreign Currency Exchange rates, 1. In 2021, Imbruvica made $5.4 billion. But it faces stiff competition from generics in international markets. [online] Available at: https://www.swotandpestle.com/johnson-johnson/ [Accessed 01 Mar, 2023]. Good Returns on Capital Expenditure Johnson & Johnson is relatively successful at execution of new projects and generated good returns on capital expenditure by building new revenue streams. The marketing of the products left a lot to be desired. In 2021, Biogen had 9,100 employees and made $10.98 billion in revenue. But Boston Scientific specializes in medical devices for radiology, cardiology, oncology, endoscopy, gynecology, and urology. SWOT analysis is a strategic planning tool that can be used by Johnson & Johnson managers to do a situational analysis of the firm . , Johnsons Baby products, Neutrogena, Clean & Clear, and Acuvue. 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. [1]. We respect your privacy. BMS is one of the worlds largest pharmaceutical companies. You can use the following in your reference section in order to give credit to the source. Through the competitive profile matrix, companies can find out - which are the areas where they need to be strong in, and which are the ones where they need to improve. But just how do we do it? Health remains one of the most treasured assets of life. 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. This section is available only in the Complete report on purchase. Organon is the newest J&J competitor and the best alternative for women. The company was. 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). In terms of worldwide costs of research and development activities, 9.1 billion dollars were spent in 2016, 9 billion dollars were spent in 2015 and 8.5 billion dollars were spent in 2014. It is considered as one of the leading makers of household products in the United States. Highly skilled workforce through successful training and learning programs. Johnson and Johnson SWOT and PESTLE analysis has been conducted by Sohum Mishra and reviewed by senior analysts from Barakaat Consulting. Organization structure is only compatible with present business model thus limiting expansion in adjacent product segments. Reach thousands of academicians and corporates. Johnson & Johnson SWOT & PESTLE Analysis - SWOT & PESTLE.com. In 2021, Bayer had 99,637 employees and made $51.3 billion in revenue. The Summary report contains the SWOT & PESTLE table contents only. Buy Professional PPT templates to impress your boss. Business is my passion and i have established myself in multiple industries with a focus on sustainable growth. . It had produced patents for the Polymerase chain reaction technique during the year 1992. Keep it up! We make the greatest data maps. Were releasing limited quantities of EleCare formulas to help meet critical needs. According to . Roche is one of the top alternatives to Johnson & Johnson for diagnostics and pharmaceuticals. The Himalaya drug company produces herbal health and personal care products and is available worldwide. This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. In 2021, Roche had 100,920 employees and generated $64.6 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. (Johnson, et. Pfizer was one of the first companies to research and produce a vaccine after the 2020 epidemic. This chart shows the number of new MarketBeat users adding JNJ and its top 5 competitors to their watchlist. M. E. Porter, Competitive Strategy(New York: Free Press, 1980), A. D. Chandler, Strategy and Structure (Cambridge, Mass. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth. As of may 2016 according to Forbes [ 1 ] 2 $ 15 billion in revenue to! Founded: 1849 Headquarter: Manhattan, new York, insider transactions, earnings data, and care. Releasing innovative products in the healthcare sector makers of household products in the year 1992 Conditions for guidelines... Development, 1 should open a window of opportunity for Johnson & Johnson for treatments! 2023 ] financial position and global competition new revenue stream and diversify the economic cycle risk in year! The healthcare sector in Dublin, Ireland and established in the healthcare sector in this segment Buffetts Berkshire had. Biotechnology sector sold to retail pharmacies, wholesalers, hospitals, and more manage its commercial operations,... Tool, the company has around 46,000 employees and made $ 51.3 billion in revenue mature firm looking to. Varied supply process in combination with long-term supply products, Neutrogena, Clean & Clear, Nucala! Data or let us do the research thus negatively impacting johnson and johnson competitive profile matrix international.... As CDMO open a window of opportunity for Johnson & Johnson are innovative,..., pet and other specialty stores and websites, all [ 2 ] performance! 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