The global carpal tunnel release market size accounted for USD 640 million in 2024 and is expected to exceed around USD 1,103.62 million by 2034, growing at a CAGR of 5.6% from 2024 to 2034.
The carpal tunnel release market is growing as the carpal tunnel release system is a minimally invasive treatment used to relieve pressure on the median nerve, which runs through the carpal tunnel. Carpel Tunnel Syndrome is characterized by the formation of a short narrow tunnel in the palm side of the wrist. This condition produces a feeling of numbness and tingling in the fingers, which can be exceedingly painful at times.
- For Instance, in February 2024, AIIMS Delhi launched an AI tool for early detection of cancer. Aster CMI Hospital developed an AI solution with up to 95% diagnostic accuracy to diagnose carpal tunnel syndrome. Hospitals like Amrita in Faridabad and others are adopting AI-driven solutions for diagnosis and treatment.
The demand in the carpal tunnel release market continues to increase with the integration of AI and IoT in carpal tunnel solutions, enabling better monitoring and tracking instantly, the demand for the carpal tunnel market continues to grow. This advancement improves recovery rates and makes patients more profitable. Various technical advancements have greatly benefited the market by improving the accuracy and safety of carpal tunnel release surgery. Among these technologies, the development of ultrasound-guided carpal tunnel release technology is the most important. Ultrasound guidance technology can perform carpal tunnel release through a small incision and is considered a safe, effective, and non-invasive method compared to traditional surgical methods.
Carpal Tunnel Release Market Segmentation:
By Product Types
- Open CTR System
- Endoscopic CTR System
By End User
- Hospitals
- Ambulatory Surgical Centres
- Specialty Clinics
Carpal Tunnel Release Market Companies:
- Stryker Corporation
- Smith & Nephew plc
- CONMED Corporation
- Arthrex, Inc.
- Integra LifeSciences
- MicroAire Surgical Instruments, LLC.
- S.E.G-WAY Orthopaedics Inc.
- A.M. Surgical Inc.
- Sonex Health, LLC
- Innomed, Inc.
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