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The global ventricular tachycardia devices market was valued at USD 1.83 Billion in 2024, driven by rising incidence of ventricular arrhythmias across the globe. It is expected to grow at a CAGR of 6.40% during the forecast period of 2025-2034 and attain a market value of USD 3.40 Billion by 2034.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2025-2034
Ventricular Tachycardia Devices Market Outlook
*this image is indicative*
Ventricular tachycardia devices include cardioverter-defibrillators (ICDs) and pacemakers, which are used to monitor and regulate fast heart rhythms coming from the ventricles. They play a vital role in controlling irregular heartbeats and avoiding unexpected heart failure. The market growth is fueled by the advancement in the treatment, increased investment, and support for cutting-edge research.
Rising Incidence of Ventricular Arrhythmias in Congenital Heart Disease to Drive the Market Growth
The increasing occurrence of ventricular arrhythmias in congenital heart disease is fueling the global demand for ventricular tachycardia devices, particularly in the pediatric population. The increasing prevalence of ventricular arrhythmias in patients with coronary heart disease showcases a greater need for medical devices such as pacemakers and defibrillators, leading to market expansion.
Advent of New Treatments to Boost the Ventricular Tachycardia Devices Market Demand
With the rising demand for treatments, the market for ventricular tachycardia devices is expanding. Technological and treatment advancement such as using exosomes from stem cells to improve treatments for venous thrombosis through cell-based therapy aims to overcome issues related to side effects and invasive procedures.
The market is witnessing several trends and developments to improve the current scenario. Some of the notable trends are as follows:
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Product:
Market Breakup by End User:
Market Breakup by Region:
Market Segmentation Based on the Product to Witness Growth
Based on the product, the market is segmented into implantable cardioverter defibrillators (ICDs), cardiac resynchronization therapy defibrillators (CRT-D), and directed energy-based therapy devices. Implantable cardioverter defibrillators are expected to lead the market as they can both act as pacemakers and prevent sudden death in patients with ventricular arrhythmias.
Based on region, the market report covers North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The region that is most likely to dominate the market is North America, with Europe closely behind. Ventricular tachycardia and fibrillation are leading factors in sudden cardiac death, accounting for approximately 300,000 deaths in the United States each year. The rising incidence of the condition in the region is contributing to market growth.
The key features of the market report include patent analysis, grant analysis, funding, and investment analysis as well as strategic initiatives by the leading players. The major companies in the market are as follows:
Medtronic plc, a medical technology company based in America and Ireland received the FDA approval to conduct a trial on its Affera mapping and ablation system and Sphere-9 catheter for managing sustained ventricular tachycardia. This marks a significant advancement in cardiac electrophysiology ablation procedures and reflects the company’s stronghold on the market.
Siemens Healthineers is a healthcare company based in Germany, focused on creating, developing, manufacturing, and delivering diagnostic imaging and clinical systems. Varian, a Siemens Healthineers subsidiary, started the RADIATE-VT1 clinical trial at the Washington University School of Medicine to assess cardiac radioablation for high-risk ventricular tachycardia patients.
Abbott Laboratories specializes in healthcare products, including pharmaceuticals, diagnostic systems, and nutrition. In January 2024, Abbott announced its entry into the global ventricular tachycardia devices market with its pulsed field ablation device, Volt, currently in clinical development. Targeting atrial fibrillation treatment, Volt aims to launch in the U.S. by 2026.
Biotronik, a Berlin-based multinational cardiovascular biomedical company, specializes in technology for cardiac rhythm management, electrophysiology, and vascular intervention. Notable for its implantable cardioverter-defibrillator devices like Inventra 7 VR-T DX and Acticor DX, the company plays a crucial role in the ventricular tachycardia device market, delivering electroshocks to treat tachycardia.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other players in the market are Asahi Kasei Corporation, Elekta AB, Boston Scientific Corporation, EBR Systems, Inc., Johnson & Johnson, LivaNova plc, Thermedical, Inc., and Schiller AG.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Supplier Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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