"It's been very hard to come here and stand it for 17 days," O'Sullivan, who has been working with a sports psychologist, added.
"It's an endurance test, the equivalent of doing an ironman. It isn't so much the snooker, it's about controlling your emotions and holding it together."
Carter joined Jimmy White (six times) and Stevens as players who have appeared in more than one world championship final without claiming the coveted title, snooker's ultimate prize.
But getting to this year's final was an achievement in itself for Carter.
He had been suffering so badly with Crohn's disease, the bowel condition he was diagnosed with nine years ago, he considered quitting the professional snooker circuit.
However, he knocked out Judd Trump, last year's losing finalist, and in the semifinals defeated Stephen Maguire, the man who ended the career of seven-times world champion Stephen Hendry with a quarter-final thrashing of his fellow Scot.
Carter, paying tribute to O'Sullivan, said: "Maybe if he retires I might win it, who knows."
He added: "I just kept punching, I was disappointed I was outplayed in the final. Ronnie put me under pressure, his safety was better and when he gets in he's just a genius.
"I've come back to playing half decent and feeling better in myself so I'll keep playing for a bit. I've been to two finals so I believe I can win it one day ... if Ronnie retires."
O'Sullivan was rarely troubled in the final - making three century breaks including a best of 141 - and resumed with a 10-7 overnight lead.
- AAP