Health Guide USA
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Medical Scientist Job Outlook

Employment of medical scientists is projected to grow 8% from 2014 to 2024, about as fast as the average for all occupations.

Ongoing medical research, as well as an increased reliance on pharmaceuticals, will likely maintain current levels of demand for medical scientists in such settings

A key driver in the Medical Scientist Job Outlook will be employment growth in private industry. Private sector demand has increased because medical scientistsí expertise is needed in developing prescription drugs and other biomedical tools. Pharmaceutical companies and other firms whose work is not just in biotechnology have adopted biotechnology techniques in their other work, thus creating employment for medical scientists.

The Medical Scientist Job Outlook should also be spurred by an expected expansion in research related to illnesses such as AIDS, Alzheimer's disease, and cancer. Treatment problems, such as antibiotic resistance, also should spur growth. Moreover, environmental conditions, such as overcrowding and the increasing frequency of international travel, will spread existing diseases and give rise to new ones. Medical scientists will continue to be needed because they contribute to the development of treatments and medicines that improve human health

The federal government is a major source of funding for medical research. Large budget increases at the National Institutes of Health in the early part of the decade led to increases in federal basic research and development spending, with research grants growing both in number and dollar amount. However, the increase in spending slowed substantially in recent years. Going forward, the level of federal funding will continue to impact competition for winning and renewing research grants

Source: U.S. Department of Labor

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