InMode Ltd’s Revenue by Segment (2020-2023)

This chart shows InMode Ltd’s Revenue by Segment, across Capital equipment and Consumables & service segments, reported from Q1 2020 onwards.

InMode Ltd’s Revenue by Segment

(All the figures are in USD, except percentage)

InMode Ltd, a prominent global provider of medical solutions, has seen strong revenue growth across all of its business sectors. We get useful insights into InMode’s performance and the dynamics of its revenue streams by studying revenue data for the Capital Equipment, Consumables, and Service divisions during the first quarters of 2022, fourth quarters of 2022, and first quarters of 2023.

Capital Equipment Revenues

The results show that InMode’s Capital Equipment revenues increased significantly throughout the studied periods. Starting at 71,943,000.0 USD in 2022 Q1, revenue climbed dramatically to 116,446,000.0 USD in 2022 Q4, a 61.98% rise. The first quarter of 2023 showed a tiny decrease to 86,124,000.0 USD, but a significant 19.71% year-on-year gain. The company’s capacity to provide unique and sophisticated medical technologies that cater to the expanding need for cosmetic and surgical solutions may be linked to the segment’s performance.

Consumables and Service Revenues

During the research periods, InMode’s Consumables and Service business likewise demonstrated extraordinary development. Revenue began at 13,978,000.0 USD in 2022 Q1 and climbed to 17,125,000.0 USD in 2022 Q4, representing a 22.54% increase. The first quarter of 2023 saw more growth to 19,950,000.0 USD, representing a year-on-year increase of 42.72%. Consumables and service revenue increased due to increased acceptance of InMode’s products and solutions by healthcare providers and surgeons.

The revenue by segment statistics for InMode Ltd illustrates the company’s achievement in bringing breakthrough medical technology and solutions to the market. The significant increase in Capital Equipment revenues demonstrates medical professionals’ desire for InMode’s innovative devices, while the increase in Consumables and Service revenues demonstrates the company’s ability to provide comprehensive and useful services to its clients.

About the Company

InMode Ltd is a global leader in the development of breakthrough medical technology, with a focus on cosmetic and surgical solutions. The firm, headquartered in Israel, offers a comprehensive line of innovative gadgets meant to treat a variety of medical and aesthetic needs. Radiofrequency, laser, and other energy-based platforms acknowledged for their efficacy and safety are among InMode’s cutting-edge technologies. InMode continues to pioneer innovative solutions, altering the medical aesthetics market, with a focus on research and development. InMode has established itself as a trusted partner for healthcare professionals and patients seeking safe and effective cosmetic and surgical treatments due to the company’s commitment to quality, client satisfaction, and worldwide expansion.

Did you like InMode Ltd’s Revenue by Segment statistic?

Access more such KPI data points and segment financials on thousands of US stocks, with Business Quant.

You can get started here.