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It is well known that the emerging biomedical technologies have increased the application of biological and physiological sciences to clinical medicine for the betterment of healthcare system and enhanced the opportunities to design easy innovative solutions to various biomedical problems. As an emerging technology, Molecular Diagnostics (MDs) is known to be one of the most promising biomedical technologies for healthcare diagnosis. MDs have revolutionized clinical practices by combining laboratory medicine with the knowledge of molecular genetics, which has shifted the comprehension of the biological system from descriptive to mechanistic. Given the central role of emerging technology in the healthcare sector, the present study examines the issue of adoption and development of MDs an emerging healthcare technology in less income economy such as India. In particular, the context-specific issues that are addressed in the study are (a) the exploration of the characteristics of MDs as an emerging technology in terms of radical novelty, relative fast growth, technological coherence, prominent impact, uncertainty and ambiguity and (b) the issues and challenges of introduction of new and emerging technologies within the medical diagnostics sector in India. This will cover the challenges of indigenization, adoption and absorption of imported diagnostics, institutional and organisational interaction for the introduction of new technologies for resource constraint healthcare settings, technological co-dependencies persisting in radical emerging healthcare technologies involving multiple technologies and formulation of longer-term policy strategies.