Every year, Americans spend more than $3 trillion on healthcare, a figure that is projected to rise to $5 trillion in the next decade. With healthcare spending approaching 20% of the U.S. GDP, a huge effort is underway to control costs. Not surprisingly, many believe that technology has a key role to play in increasing efficiency and reducing unnecessary expenditures, and significant investments in technology are creating opportunities for healthcare technology businesses.
One of the cool things our directory data allows us to do is to get a glimpse at both short term and long term trends in the API space. One slice of data worth looking at is the categories have had the most growth. This article looks at which categories have grown the most in the last five years.