Having started in the Reds' opening six Barclays Premier League fixtures this season following his summer transfer from Sunderland, Henderson only featured as a late substitute in the 2-0 Merseyside derby victory at Everton on October 1.
With club captain Gerrard coming off the bench in the last three matches after a lengthy period sidelined by a groin problem, it seems Henderson's task in holding down a place in the Liverpool midfield is not going to get any easier.
But the 21-year-old told Sky Sports News: "I am not really worried about that, I think it's part and parcel of football.
"Obviously Stevie is a massive player and is going to play in most games, but I just need to concentrate on what I need to do and make sure I work hard every day in training.
"Given the opportunity, I need to take it and make sure I stay in the team."
Henderson admits it was a blow to be dropped for the Everton game, but the England Under-21 international has his sights set on a recall for Liverpool's next match, the lunchtime clash with Manchester United at Anfield on Saturday.
"Obviously the derby is a massive game and everybody wants to play in it, so I was a little bit disappointed not to start, but the team did brilliantly and got a great result and I was fortunate to come on as well," Henderson said.
"There were still a lot of positives to come out of the game and hopefully I can start the next one."