The Compass explores the evolving dynamics shaping healthcare markets across the EU and UK as we move into 2026. Against a backdrop of regulatory reform, digital acceleration, and rising cost pressures, this report examines how resilience, innovation, and strategic adaptation are redefining the European healthcare landscape. From the EU’s “Buy European” manufacturing push and the rapid expansion of digital health and AI regulation, to renewed biotech investment and the workforce challenges confronting providers, The Compass provides a forward-looking analysis of the forces steering healthcare policy, reimbursement, and market access. This publication serves as a guide for investors, payers, and operators navigating new policy frameworks, identifying scalable opportunities, and anticipating regulatory headwinds in 2025 and beyond.