Dublin, Sept. 12, 2024 (GLOBE NEWSWIRE) -- The "Carpal Tunnel Release Systems - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Carpal Tunnel Release Systems was estimated at US$604.4 Million in 2023, and is projected to reach US$809.7 Million by 2030, growing at a CAGR of 4.3% from 2023 to 2030.
The growth in 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 heightened patient preference for minimally invasive procedures. The continuous development of new technologies such as enhanced endoscopic equipment and improved surgical techniques contributes significantly to the efficacy and safety of carpal tunnel surgeries, appealing to both surgeons and patients.
Additionally, the rising incidence of workplace-related repetitive strain injuries has led to a higher demand for effective treatment solutions, bolstering the market for these systems. Consumer behavior also plays a crucial role, as more patients seek treatments that offer quicker recoveries and less postoperative discomfort. Moreover, the expansion of healthcare infrastructure and access to specialty care in emerging markets provides further impetus for 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 issue.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Open Carpal Tunnel Release System segment, which is expected to reach US$414.3 Million by 2030 with a CAGR of a 5.1%. The Endoscopic Carpal Tunnel Release System segment is also set to grow at 3.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $164.7 Million in 2023, and China, forecasted to grow at an impressive 8.1% CAGR to reach $175.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Carpal Tunnel Release Systems Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as A.M. Surgical, Inc., Arthrex, Inc., CONMED Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 290 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $604.4 Million |
| Forecasted Market Value (USD) by 2030 | $809.7 Million |
| Compound Annual Growth Rate | 4.3% |
| Regions Covered | Global |
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 Players Worldwide in 2024 (E)
FOCUS ON SELECT PLAYERS
- A.M. Surgical
- Arthrex
- Conmed
- Innomed.
- Integra LifeSciences
- Medical Designs
- MicroAire Surgical Instruments
- Mission Surgical Innovations
- REH4MAT
- Resurgens Orthopaedics
- S2S Surgical
- Sonex Health
- Stryker
- Trice Medical
MARKET TRENDS & DRIVERS
- Rising Incidence of Carpal Tunnel Syndrome Drives Market Growth
- Increasing Adoption of Minimally Invasive Procedures Propels Market Demand
- Advances in Surgical Techniques Strengthen Business Case for Carpal Tunnel Release Systems
- Expansion of Ambulatory Surgery Centers Spurs Market Adoption
- Growing Awareness and Early Diagnosis of Carpal Tunnel Syndrome Expands Addressable Market Opportunity
- Expansion of Health Insurance Coverage Strengthens Market Adoption
- Growing Trend of Office-Based Procedures Bodes Well for Market Expansion
- Government Funding and Support for Healthcare Infrastructure Drives Market Growth
- Growth of the Aging Population Sets the Stage for Market Expansion
- Increasing Use of Robotic-Assisted Surgery Generates New Opportunities
For more information about this report visit https://www.researchandmarkets.com/r/nt2jl0
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