Estonia has a collaborative healthcare cluster spanning government, academia, competence centres, production and IT companies.
A pioneer in e-health for 25 years, today over 95% of data generated by hospitals and doctors is digitised. A person’s unified health record and x-rays are available on-demand throughout Estonia, allowing health professionals to make informed decisions. Blockchain technology assures system integrity while patients access their data and prescriptions using Estonia’s secure e-ID solutions.
Estonia has an active biotech cluster comprising over 70 companies who, in conjunction with the University of Tartu, research, clinically test and develop innovative science. Areas of expertise include genetics, molecular- and biomarker based testing.
In pharma, Estonia has a niche production capability for GMP certified pharmaceuticals and life science products such as antibodies, peptides, proteins, enzymes and reagents.
The Estonian Genome Center is a biobank holding data on over 5% of Estonia’s adult population. As e-Health and Big Data analytics advance Estonia will emerge as a leader in diagnostic and preventative medicine, with patients empowered to self-service when and where is convenient.
Through the application of medtech and e-health solutions Estonia aims to lead the world in societal wellbeing and the efficient use of resources.
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Estonia developed X-Road, its proprietary decentralised, distributed system in 2001 and has utilised Blockchain since 2008. World-class technical skills supported by practical experience implementing public and permissioned Blockchain’s place Estonia at the forefront of the emerging Blockchain economy.
Estonia has a diversified energy sector which comprises long-standing expertise in oil shale, a sizeable renewables sector and growing CleanTech capability. World-class expertise within a highly digital, pro-business environment will see Estonia play a leading role in the energy revolution
Estonia has a sizeable food industry which benefits from ecological raw materials, skilled workers and modern production facilities. With an established export capability and growing application of food science and technology, Estonia is the ideal location for export and R&D oriented investment.
Estonia has one of Europe’s largest bioeconomies, including world leading expertise in forest-based activity. Supported by high-quality natural resources, ultra-high use of IT and supportive policy making, Estonia offers a range of production and innovation opportunities.
Estonia is a world leader in identity cards and mobile and device-independent e-ID solutions. Based on ultra-high encryption and user convenience, e-ID can be used to vote, sign smart contracts, make contactless payments and is being adopted by business and governments globally.
Estonia is a cashless society with over 99% of financial transactions occurring digitally and electronic ID and Blockchain utilised daily. 80+ FinTechs ranging from innovative startups such as TransferWise to Blockchain leader Guardtime make Estonia a global centre of excellence for FinTech.
What is it like to run a business in Estonia? How to benefit from the e-solutions and the efficiency of our business culture? What are the opportunities in specific sectors?