Dublin, Sept. 12, 2024 (GLOBE NEWSWIRE) — “Carpal Tunnel Release Systems – Global Strategic Business Report” has been added to ResearchAndMarkets.com offerings.
The global carpal tunnel release systems market was valued at USD 604.4 million in 2023 and is projected to reach USD 809.7 million by 2030, growing at a CAGR of 4.3% between 2023 and 2030.
The growth of the carpal tunnel release systems market is driven by several factors, including technological advancements, an increase in the prevalence of conditions requiring such interventions, and increased patient preference for minimally invasive procedures. The continuous development of new technologies, such as improved endoscopic equipment and improved surgical techniques, contribute significantly to the effectiveness and safety of carpal tunnel surgery, attracting both surgeons and patients.
In addition, the increasing incidence of repetitive strain injuries in the workplace has led to a higher demand for effective treatment solutions, strengthening the market for these systems. Consumer behavior also plays a crucial role as more patients seek treatments that offer faster recoveries and less post-operative discomfort. Moreover, the expansion of healthcare infrastructure and access to specialist care in emerging markets provides additional impetus to the growth of this sector. Together, these dynamics are propelling the expansion of the carpal tunnel release systems market, reflecting its critical role in addressing a common and impactful health problem.
Key information:
- Market Growth: Understand the significant growth trajectory of the Open Carpian Tunnel Release System segment, which is expected to reach USD 414.3 million by 2030 at a CAGR of 5.1%. The Endoscopic Carpal Tunnel Release System segment is also set to grow at 3.9% CAGR during the analysis period.
- Regional Analysis: Get insights into the market in the US, estimated at USD 164.7 million in 2023, and China, expected to grow at an impressive CAGR of 8.1% to reach USD 175.1 million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and Asia-Pacific.
Key questions answered:
- How is the global carpal tunnel release systems market predicted to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most during the forecast period?
- How will the market shares for different regions and segments change by 2030?
- Who are the major players in the market and what are their prospects?
Features of the report:
- Complete Market Data: Independent Analysis of Annual Sales and Market Forecasts in US$ Millions from 2023 to 2030.
- In-depth regional analysis: Detailed information on key markets including the US, China, Japan, Canada, Europe, Asia-Pacific, Latin America, the Middle East and Africa.
- Company Profiles: Covering major players such as AM Surgical, Inc., Arthrex, Inc., CONMED Corporation and others.
- Free Updates: Receive free report updates for a year to keep you up to date with the latest market developments.
Key Attributes:
| The report attribute | Details |
| No. of pages | 290 |
| Forecast period | 2023 – 2030 |
| Estimated market value (USD) in 2023 | $604.4 million |
| Estimated market value (USD) by 2030 | 809.7 million dollars |
| Compound annual growth rate | 4.3% |
| Regions covered | overall |
Key topics covered:
MARKET OVERVIEW
- World market trajectories
- Global Economic Update
- Carpal Tunnel Release Systems – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Global Players in 2024 (E)
FOCUS ON SELECT PLAYERS
- AM Surgical
- Arthrex
- Conmed
- Nameless.
- Integra Life Sciences
- Medical projects
- MicroAire Surgical Instruments
- Mission Surgical innovations
- REH4MAT
- Resurgent orthopedics
- Surgical S2S
- Health Sonex
- Stryker
- Trice Medical
MARKET TRENDS AND FACTORS
- Increasing incidence of carpal tunnel syndrome is driving the market growth
- Growing adoption of minimally invasive procedures is driving market demand
- Advances in surgical techniques strengthen the business case for carpal tunnel release systems
- Expansion of ambulatory surgery centers drives market adoption
- Increasing awareness and early diagnosis of carpal tunnel syndrome expands the addressable market opportunity
- Expanding health insurance coverage strengthens market adoption
- The growing trend of office-based procedures augurs well for market expansion
- Government funding and support for healthcare infrastructure is driving market growth
- The growth of the aging population sets the stage for market expansion
- The growing use of robot-assisted surgery is creating new opportunities
For more information on this report, visit https://www.researchandmarkets.com/r/nt2jl0
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Global Carpal Tunnel Release Systems Market
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