Magnetic stimulation appears to be a very promising medical diagnostic tool that is completely non-invasive. Non-invasive diagnostic tools are critical to the medical field because of their ability to give diagnostic data on all sorts of patients in a wide variety of conditions. This paper will give an overview of research efforts being made to construct an algorithm that will accurately model the optimal coil geometry to produce the desired stimulation of living tissues. The new model proposed is based upon the cylindrical coordinate system and utilizes modified Bessel functions to solve this problem. A successful model will hopefully lead to breakthroughs in the realm of diagnostic medical physics.