The global healthcare smart contracts market is projected to reach a market capitalization of $10.1 billion by 2030, with a compound annual growth rate of 21.4%. The biggest drivers for this growth are the pace of innovation for Web3 technologies and the elimination of intermediaries in payment processes, which reduces delays and fraud. Smart contracts also have applications in improving supply chains, compliance with regulations, interoperability between healthcare providers, personalized treatment, claims adjudication, and the sharing of health records. The US, China, and the Asia-Pacific region are expected to be the leaders in the market. Additionally, Estonia is looking to partner with Gulf states, starting with the UAE, to strengthen bilateral relationships in healthcare digitization. Estonia showcased its advancements in health technologies, including a blockchain-based national health record system, AI-driven diagnostic tools, and telemedicine services. The country has been investing in next-gen technologies like AI and Web3 use cases and has recently partnered with the Maldives for collaboration in AI, renewable energy, and central bank digital currencies.



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