Diagnostics represents one of the most lucrative markets in the world. However, the market has developed strongly in enhancing disease prevalence and rising consumer awareness. This has given rise to Medical Diagnostic instruments manufacturers in the market. Healthcare diagnostic services are highly competitive and became price-driven business referral payments to doctors. Imaging & diagnostic services are key profit drivers in the Healthcare industry. Medical Diagnostic equipment is an integral part of diagnosis, monitoring, and therapy. India has the potential of becoming an international hub for providing medical diagnostic services.