I've never had LED lights last anywhere near the purported 5-7 year timeframe. The worst ones are the small decorative ones with the tinier screw part that my house seems to have an inordinate number of. Those last maybe 6 months and then they start getting dimmer and then all the lights in the circuit get worse at once. I like LED lights immensely but the idea they last even 2 years is a lie in my opinion.
I bought all new Philip hue bulbs going on 7 or 8 years ago now and not a single one has gone bad. Maybe you're just buying cheap poor quality bulbs? A 100 out of 100 success rate after 8 years.
If only that were true. Osram is a well-renowned brand so you'd think their - rather pricey - 'high-wattage' (10W) bulbs meant for outside lights here on the farm would last longer than about a year, all in different armatures, all with plenty of cooling (they're mainly used in autumn/winter/spring when it tends to be rather chilly here in Sweden). You'd think cheap bulbs go bad quickly but the cheap 'Biltema' brand bulbs I bought for some rooms just keep on going without marked loss of output.
All in all the average life time of a LED bulb seems to be around 2-3 years before it either has dimmed so much that it is no longer usable or it has failed outright. There are exceptions like the mentioned cheap bulbs which are still going strong after about 9 years of close to daily use or those Osram bulbs which fail in about a year or less or the (not mentioned) 'fluorescent tube replacement fixtures' which last less than a year before one of the 4 LED segment strips fails due to a failed LED. I repair these by replacing the failed chip, they work for a few months and then the things fail again.
I've used 'efficient' lighting since I bought my first house starting with jam-jar like Philips SL 'bulbs' (compact fluorescent tubes with all the related gizmos packaged in a single replaceable unit) for which I made fixtures out of birch plywood wood, 90° PVC drain pipe bends and E27 sockets because those things were heavy at about 500 grams. None of those SL bulbs had failed when I moved out 6 years later, I still have some somewhere in storage. Later I moved to the lighter PLC version which also tended to last a long time, some of them are still in use here. Then came LED bulbs which were supposed to last for tens of thousands of hours... and I suddenly started to have to think about replacing failed bulbs again.