PUNE, India, December 1, 2016 /PRNewswire/ -- The global spinal implants and surgical devices market is estimated to reach 17.27 billion by 2021, at a CAGR of 5.3% from 2016 to 2021 dominated by North America with largest share while the spinal fusion and fixation technology segment is estimated to account for the largest share, by technology. Complete report on global spinal implants and surgical devices market spread across 221 pages, profiling 10 companies and supported with 82 tables and 51 figures is now available at http://www.reportsnreports.com/reports/192516-spine-surgery-devices-market-forecasts-to-2017-fusion-non-fusion-artificial-discs-nucleus-replacement-spinal-decompression-vertebral-compression-fractures-treatment-kyphoplasty-spine-stimulators-and-spine-biologics-global-trends.html. The growth of the global spinal implants and surgical devices market is driven by factors such as technological advancements in spine surgery devices, growing demand for minimally invasive spine surgeries, and increasing aging and obese population with increasing number of spine deformities. In addition, emerging Asian and Latin American nations and growing number of hospitals and surgical centers are offering new growth opportunities for the spinal implants and device manufacturers. Nonetheless, the stringent product approval process, high cost of treatment procedures, uncertainty in reimbursement, and lack of adequate physician and patient awareness/education are the key reasons hampering the growth of the spinal implants and surgical devices market. The markets such as North America and Europe hold larger shares in the spinal implants and surgical devices market in 2016, the Asia-Pacific region is poised to grow at the highest CAGR in the next five years. Factors such as the presence of a large patient population, growing number of obesity cases, increasing government spending on healthcare, and rising income levels are propelling the growth of the spinal implants and surgical devices market in the Asia-Pacific region. In this report, the spinal implants and surgical devices market has been segmented on the basis of technology (covering spinal fusion and fixation, motion preservation/non-fusion, spinal decompression, and spinal vertebral compression fracture treatment technologies), product (including thoracic fusion & lumbar fusion, cervical fusion, spine biologics, vertebral compression fracture treatment, spine bone stimulators, spinal decompression, and non-fusion treatment devices), type of surgery (open and minimally invasive), and region ( North America, Europe, Asia-Pacific, and the Rest of the World). The spinal fusion and fixation technology segment is estimated to account for the largest share of the global spinal implants and surgical devices market in 2016. However, the motion preservation/non-fusion technology segment is expected to grow at the highest CAGR during the forecast period. Factors such as advantages of non-fusion surgeries over conventional spine surgeries and increasing launches and adoption of technologically advanced non-fusion spine devices are driving the growth of this market segment.