One of the major factors boosting the adoption of medical bionics is the rising number of amputations, caused due to injuries and accidents, across the world. For instance, as per the Association for Safe International Road Travel (ASIRT), 2.35 million people are injured or disabled in the U.S. annually and the road accidents cost almost $230.6 billion in the country. Furthermore, ac-cording to the observations of the Organization for Economic Co-operation and Development (OECD), the total road accidents increased in the U.S. from 1.57 million to 1.75 million from 2010 to 2015 respectively.

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Geographically, Asia-Pacific (APAC) is expected to witness the fastest growth in the usage of bionics during the forecast period. This is primarily attributed to the booming population of the elderly, escalating chronic diseases preva-lence, rising healthcare expenditure and per capita income, and rapid ad-vancements in research on medical bionics in the region. Moreover, the re-gion also has a high occurrence rate of diabetes amongst its people. As per the Asian Diabetes Prevention Initiative (ADPI), Asia is home to 60% of the total diabetics in the world, which is further pushing the growth of the medical bionics industry in the region.

Therefore, due to the soaring geriatric population levels across the world, ris-ing number of accidents and injuries, and the rapid innovations and ad-vancements in the field of medicine and surgery, the demand for medical bi-onics will witness exponential growth in future.