The introduction of large single crystal and high performance CdZnTe (CZT) grown by the traveling heater method (THM) in 2006 has defied conventional myths about the capability of this crystal growth method with respect to the production of spectroscopic grade CZT and its commercialization prospect in medical imaging application. Since then, a lot of progresses have been made, both in the crystal growth and the devices sides. This paper focuses on the development of THM CZT in recent years. Crystalline defects which challenge the thickness scalability of large volume CZT detectors along with efforts and achievements in overcoming these challenges are discussed. Advances in THM CZT crystal growth include 100mm diameter ingot and state-of-the-art device fabrication will also be presented.