Lasik eye surgery is making a comeback. After months of using masks to blur their glasses, and all the unnecessary Zoom meetings at home, the contacts are dry, Americans have had enough. And the need for corrective surgery has been dwindling over the past decade keeps growing.
During the COVID-19 pandemic, consumers have reduced activities such as overseas travel and entertainment. And for many people, this has given them plenty of cash to spend elsewhere.
Many of them have been invested in home renovation and buying cars.
Now, consumers are turning to programs such as Lasik for upgrades, with a starting price of approximately US$4,500.
In Los Angeles, ophthalmology surgeon Dr. Neda Shamie achieved a 30% increase in Lasik surgery at his clinic Maloney Shamie Vision Institute.
She said that this is driven by young people, and the average age of patients has dropped to 34 years, which is 7 years down from the early 2000s.
Her team conducted an informal survey of other large eye care practices across the country, and they reported similar gains.
Sami said: “People have set aside a budget for travel and are turning their travel budget into self-improvement.” Our patients are “telling us that the problem with eyeglass covers is real.
Since the Kremer excimer laser system from Laser Sight Technologies was approved for surgery in the US in 1998, more than 30 Lasik systems have been approved.
After the boom began in the early 2000s, Lasik’s growth slowed due to the Great Depression that reduced disposable income and the US Food and Drug Administration’s warnings about cunning advertising practices.
According to Google Trends, online searches for the program in the United States reached its peak in 2004, and this year it bottomed out and rebounded until the pandemic broke out.
Data from consulting firm Coherent Market Insights shows that by 2027, the industry’s sales will reach $4.1 billion, more than double the amount in 2018.
Lasik’s revival is part of the industry-wide elective program boom during the pandemic. Isolation and social evacuations have led to video chats that have been accompanied by weight gain and more self-awareness. This resulted in botulinum toxin injections, breast implants, and repair of sagging eyelids for a group of Americans who did not suffer economic losses during the economic downturn triggered by COVID-19.
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