This report compiles several important developments that shaped the healthcare and life sciences industries in 2024 and spotlights key areas to watch in 2025. Each section addresses either an industry sector within healthcare or the life sciences broadly or a specific topic that was exposed to significant change over the past year. This report is designed to serve as a guide for stakeholders and aims to equip industry professionals with actionable insights as they prepare for and navigate the challenges and opportunities that will present themselves in 2025.