Employment for medical scientists is expected to grow by 11 percent, much faster than the average for all careers, through 2033, according to the U.S. Department of Labor (DOL). Those with both an M.D. and a Ph.D. will have the best job prospects. The DOL reports that a significant portion of the employment growth for medical scientists will be fueled by the expansion of the biotechnology industry as well as the continuing development of prescription drugs, and research into illnesses like AIDS, Alzheimer's disease, and cancer. Also, higher population density and the growth of frequent international travel will contribute to the spread of existing diseases, and possibly new ones. Medical scientists will be needed to help develop treatments and medicines for these illnesses. The DOL notes that the level of federal funding, which is a major source for medical research, will continue to have an impact on the winning and renewing of research grants by medical scientists.
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