The 7 major tachycardia markets reached a value of US$ 9.9 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 22.4 Billion by 2034, exhibiting a growth rate (CAGR) of 7.76% during 2024-2034.
Report Attribute
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Key Statistics
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---|---|
Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 9.9 Billion |
Market Forecast in 2034
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US$ 22.4 Billion |
Market Growth Rate 2024-2034
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7.76% |
The tachycardia market has been comprehensively analyzed in IMARC's new report titled "Tachycardia Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Tachycardia refers to a condition characterized by a rapid heart rate, where the heart beats faster than the normal resting rate. Some of the common symptoms associated with the ailment include a noticeably fast or racing heartbeat, palpitations (a sensation of rapid or irregular heartbeats), shortness of breath, dizziness or lightheadedness, chest pain or discomfort, fatigue, fainting or near-fainting episodes, etc. These indications can vary greatly and may be accompanied by various other signs, such as sweating, anxiety, a sense of impending doom, etc. Diagnosing the ailment involves a comprehensive evaluation to determine the underlying cause and assess the severity of the condition. The diagnostic process typically begins with a thorough medical history review and physical examination. In order to confirm the presence of tachycardia and identify the specific type, various tests may be conducted, including an electrocardiogram (ECG) to record the heart's electrical activity, Holter monitoring for prolonged heart rhythm assessment, exercise stress testing to evaluate heart function during physical activity, an echocardiogram to examine heart structure and function, blood investigations to check for underlying conditions or imbalances, etc. In some cases, additional diagnostic procedures, such as electrophysiology studies and event recorders, may be performed.
The increasing prevalence of autonomic nervous system dysfunctions, such as paroxysmal sympathetic hyperactivity, which can cause abnormal heart rate responses, is primarily driving the tachycardia market. In addition to this, the rising incidences of several associated risk factors, including endocrine disorders like hyperthyroidism, coronary artery diseases, congenital heart defects, heart valve ailments, panic attacks, acute stress, etc., are also bolstering the market growth. Furthermore, the escalating adoption of antiarrhythmic medications, such as beta-blockers, calcium channel blockers, sodium channel blockers, etc., to help regulate heart rate and rhythm is acting as another significant growth-inducing factor. Additionally, the emerging popularity of implantable cardioverter-defibrillators (ICDs), since they can detect and treat life-threatening arrhythmias by delivering electric shocks or pacing as needed, is also creating a positive outlook for the market. Moreover, the ongoing advancements in ablation techniques and mapping technologies, including the introduction of electroanatomic mapping and intracardiac echocardiography, which have improved the precision and success rates of catheter ablation procedures, are expected to drive the tachycardia market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the tachycardia market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for tachycardia and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the tachycardia market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current tachycardia marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Onoact (Landiolol hydrochloride) | Ono Pharmaceutical |
Nexterone (Amiodarone) | Baxter |
S48168 | Armgo Pharma |
Etripamil | Milestone Pharmaceuticals |
Gamunex C | Grifols |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Tachycardia: Current Treatment Scenario, Marketed Drugs and Emerging Therapies