Carpal Tunnel Release Systems Market Poised for Robust Growth, forecasted to Expand at 5.35% CAGR from 2024-30

MarkNtel Advisors has released its latest report highlighting strong growth in The Global Carpal Tunnel Release Systems Market is estimated to grow at a CAGR of around 5.35% during the forecast period, i.e., 2024-30.

Report Coverage

This report offers a comprehensive analysis of the Carpal Tunnel Release Systems Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

• Base Year: 2023
• Forecast Years: 2024-30
• Historical Years: 2019-22

Carpal Tunnel Release Systems Market Overview

The market growth is attributed to the rising prevalence of carpal tunnel syndrome and the growing preference for minimally invasive devices offering less pain & faster recovery. The prevalence of carpal tunnel syndrome has been increasing among the women population, who are almost three times more likely to suffer carpal tunnel syndrome than men. Also, with the increasing age of women, the chances of the incidence of carpal tunnel syndrome increases.

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Carpal Tunnel Release Systems Market Segmentation Outlook

The Carpal Tunnel Release Systems is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Product Type

• Endoscopic Carpal Tunnel Release Systems
• Open Carpal Tunnel Release Systems

By End User

• Hospitals
• Ambulatory Surgical Centers
• Others (Clinics, Research Institutions, etc.)

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Carpal Tunnel Release Systems Market Driver

Growing Working Population Witnessing the Issue of Carpal Tunnel Syndrome to Elevate Market Expansion – Carpal tunnel syndrome has been increasingly recognized as an occupational hazard, with a surge in cases attributed to the proliferation of jobs involving extensive computer use, exposure to vibrating machinery, and repetitive tasks. Also, over the past few years, there has been a rise in the percentage of people working as garment workers, butchers, grocery checkers, electronics assembly workers, typists, musicians, packers, etc. The workers have to perform repetitive tasks and hence, they have been at a higher risk for carpal tunnel syndrome.

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Top Carpal Tunnel Release Systems Market Brands & Their Strategic Market Positioning

MarkNtel Advisors Research identifies Stryker, CONMED Corporation, Sonex Health Inc.®, A.M. Surgical, Inc., MicroAire (Berkshire Hathaway Inc.), Integra LifeSciences Corporation, Medical Designs LLC, Trice Medical, PAVmed Inc., Spirecut, Innomed, Inc., S2S Surgical LLC, Shanghai INT Medical Instruments Co., Ltd., LB Medical LLC, Smith+Nephew, Others as key players shaping the market landscape.

Carpal Tunnel Release Systems Market News

• 2023: Sonex Health, announced the closing of a series B financing, raising a total of USD 40 million expanding physician and patient access to minimally invasive treatment for carpal tunnel syndrome.
• 2021: PAVmed Inc., received the CE mark for its CarpX minimally invasive carpal tunnel device.

Key Questions Answered in the Report

• What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
• How the industry has been evolving, and which segments would dominate the market during the forecast period?
• What are the key opportunity areas that companies foresee in the coming years 2030?
• Who are the key players in the market, and what are their competitive strengths?
• What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?

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