New York Times  Jun 16  Comment 
A trip through Dad’s heart and closet. Fannie Farmer gets an obituary. The sometimes blurry truth about Lasik. Time to tune up your summer reading list and more.
New York Times  Jun 11  Comment 
Some patients who undergo the eye surgery report a variety of side effects. They may persist for years, studies show.
Forbes  May 31  Comment 
Could lead to treatment for most major sight issues such as myopia, hyperopia and astigmatism, without the need to touch the patient
MedPage Today  Jun 27  Comment 
(MedPage Today) -- Benefits of LASIK versus contacts
DailyFinance  Jan 23  Comment 
Filed under: Finance, Business, People The chances of a full-blown apocalypse might be slim, but Reddit CEO and cofounder Steve Huffman is not taking any chances. As Evan Osnos details in a recent New Yorker piece, Huffman got laser eye...
MedPage Today  Nov 26  Comment 
(MedPage Today) -- This week's topics include blood pressure lowering meds and fracture, LASIK surgery outcomes, treatment of abdominal aortic aneurysm, and measles and mumps outbreaks.
The Hindu Business Line  Jun 24  Comment 
An ex US Navy pilot-turned-ophthalmologist draws parallels between flying F-14s and doing eye surgeries
MedPage Today  Nov 19  Comment 
(MedPage Today) -- Cataract surgery formula comparisons point to Optiwave Refractory Analysis with PRK eyes


Lasik surgery is a surgical procedure to correct vision. Because laser vision correction is not covered by Medicare, Medicaid, or most private insurance plans, consumers must pay directly out of pocket for such surgeries. As a result, demand for LASIK tends to be heavily correlated with economic conditions, especially in the U.S. A weak or uncertain economy can decrease sales in the laser vision correction division.[1] Furthermore, concerns about the safety of LASIK procedures have increased over the last few years. Some studies have found that as many as 18% of LASIK patients need retreatment. [2] The negative publicity resulting from such findings, as well as media coverage of individual negative experiences with LASIK add another downward pull to already weakened demand. Consequently, laser vision correction has been a flat market for the past few years, with roughly the same number of LASIK procedures performed each year (see chart below). Image:Lasik.JPG [3]

Investing in the success of LASIK procedures

A number of companies make LASIK surgery equipment, which they sell to doctors who then charge patients to perform the procedure.

  • Advanced Medical Optics (EYE) makes equipment for laser vision correction, along with medical devices for cataract surgery and contact lens solution. Laser Vision Correction accounted for 22% of the company's sales in 2006, and over a third of its revenue in 2007.[4]
  • Bausch & Lomb (BOL) Is the larges seller of LASIK equipment. However, the company is no longer publicly traded, having been purchase by private equity firm Warburg Pincus in 2007.


  1. AMO 2006 10-K, Item 1: Business, page 21
  2. "Lasik has 10% failure rate"
  3. TLC Vision 2006 10-K, Item 1: Business, page 5
  4. New York Times article on slowdown in Lasik surgery with slowing economy
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