The Liverpool captain has not featured in the last 17 games due to a lengthy spell on the sidelines stretching back some six months.
The talismanic captain is expected to go straight back into Kenny Dalglish's first team for Wednesday night's Carling Cup clash at Brighton.
Returning hero: Steven Gerrard set to make his first appearance of the season at Brighton
And Carragher is pleased to welcome back his team-mate and friend into the team, he said: 'He is the captain, the biggest name here.
'His presence will give everyone a lift. It's disappointing, of course, that he has missed the start of the new season, but what a player we now have to come back to help.
'I speak to him on a daily basis, so I know how much he has wanted to get back. That is what makes him the player he is. He is just so desperate to be part of the new scene.'
Competition for places: The arrival of Charlie Adam and Jordan Henderson have strengthened Liverpool's midfield
Gerrard faces added competition for places from new signings Charlie Adam and Jordan Henderson, but Carragher insists everyone at Anfield now faces a battle to earn a starting berth - regardless of reputation.
'It's not just Stevie,' he added.
'When you are out of the picture that is the way it is in football. You move on.
'There has been a lot of talk about the players we have brought in and rightly so. But there is also the added bonus of knowing that Stevie is coming back to help out as well.
'He is simply one of the best players around.'
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