Healthcare

Johnson & Johnson Services, Inc.

Company Profile Analysis

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Johnson & Johnson Services, Inc. - Healthcare showcase

Year Founded & Workforce

1886-12-31

155,800 Employees

Industry

Healthcare

Services

J

Johnson & Johnson Services, Inc. Overview

Company Headquarters: New Jersey, US

Founded: 1887

Workforce: 155,800

Company Working: Johnson & Johnson Services, Inc. (J&J Services) manufactures medical devices for various specialties such as orthopedics, cardiovascular diseases, and many others. J&J Services has acquired and merged with various other companies to expand its portfolio of endoscopic devices, pharmaceutical, and consumer health products. The company operates through its various subsidiary Janssen Pharmaceutica, Neutrogena, DePuy Synthes Companies, Ethicon Inc., Janssen-Cilag, Actelion, LifeScan, Inc., Johnson & Johnson Vision Care, Inc., and others. Under its Johnson & Johnson Surgical Vision business, the company offers different eye care products which include contact and intraocular lenses, under the ACUVUE brand. Additionally, in 2017, the Johnson & Johnson Surgical Vision business acquired Abbott Medical Optics Inc., and also invested in eye health by expanding into cataract surgery, laser refractive surgery (LASIK) and consumer eye health.

Strategy

Johnson & Johnson Services, Inc. aims at investing in R&D and selling, marketing, and administration. Additionally, the company emphasizes the development of next-generation products, along with product quality and safety. The company has adopted a multichannel approach, from big-box retailers to e-commerce channels, to better serve its consumers. It is committed to focus on critical geographies and mega-brands as well as expanding into the fast-growing naturals segment.

Company Snapshot

$82,584M

Revenue

155,800

Employees

1886-12-31

Founded

New Jersey, US

Headquarters

SWOT Analysis

Strengths

  • Strong distribution channel
  • Strong research & development
  • Wide product portfolio
  • Well renowned brand
  • strong distribution channel
  • Strong investment in research & development
  • Huge client base
  • Large client base
  • Strong R&D capabilities
  • Strong global presence in 100 countries
  • Excellent distribution network
  • One of the world’s most admired companies

Weaknesses

  • High dependence on matured markets
  • Dependence on third party litigations
  • Dependence on mature markets such as Germany, the US, the UK, and France
  • Controversies and legal issues
  • Fall in consumer health sales

Opportunities

  • Expansion in small and mid-sized business markets
  • Mergers & acquisitions
  • Expansion in small and mid-sized business market
  • Strategic mergers and acquisitions

Threats

  • Fluctuating exchange rate and changes in foreign market policies
  • Increasing number of players in the healthcare market
  • International business risk
  • Increasing number of players in the market
  • Fluctuating currency exchange rates
  • Intense market competition
  • Intellectual property rights
  • Spurious brands with the name similar to existing brand name
  • Changes in tax laws or exposures to additional tax liabilities

Key Developments

DateApproachDevelopment
7-Mar-16Ethicon, a medical device company of the Johnson & Johnson, acquired NeuWave Medical, Inc
Jul-05Verb Surgical company was created by the collaboration of Ethicon and Verily
26-Mar-15Ethicon, a medical device company of the Johnson & Johnson, enter into a collaboration with Google, Inc.
18 July 2016AcquisitionJohnson & Johnson Services, Inc. completed the acquisition of Vogue International LLC, a privately held company focused on the marketing, development, and distribution of salon-influenced and nature-inspired hair care and other personal care products. The acquisition worth USD 3.3 billion strengthened the company’s product portfolio, adding brands such as OGX shampoos.
Product LaunchJohnson & Johnson Services, Inc launched Neutrogena Sheer Zinc Sunscreen Lotion Broad Spectrum SPF 50.
Product LaunchJohnson & Johnson Services, Inc launched Aveeno Positively Mineral Sensitive Skin Sunscreen Broad Spectrum SPF 50

Product Offering

  • Johnson & Johnson Services, Inc.
    • MEN'S ROGAINE
    • AVEENO
    • Neutrogena
    • OGX
    • Suture
    • Needle
    • Incontinence Slings
    • Sun Protection Products
    • Anti-hypertensive drugs (Actelion Products)
    • Hemorrhoid treatment devices
    • Dercum’s Disease
    • Anti-Fungal Drug

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Johnson & Johnson Services, Inc. as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Johnson & Johnson Services, Inc.

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